Business News

Business

Kotak Fund Eyes Major Investment in Neuberg Diagnostics with Rs 1,000 Crore Deal

Kotak Pre-IPO Opportunities Fund is in advanced talks to invest Rs 1,000 crore in Neuberg Diagnostics, aiming for a 15% stake. This investment could value Neuberg at Rs 6,000-7,000...

Business

India's IT Secretary Assures No Immediate Cuts on Laptop Imports, Eyes Local Production Growth

The Indian government, led by IT Secretary S Krishnan, has no immediate plans to cut laptop imports, focusing instead on boosting local production and enhancing the semiconductor i...

Business

HDFC Bank Achieves Milestone: Deposits Surpass Loans Post-Merger

HDFC Bank marks a significant milestone as deposits surpass loans for the first time post-merger, indicating a strategic shift towards deposit accumulation and slower advances grow...

Business

Government Departments Slash Capital Expenditures: A Deep Dive into Telecom, Railways, and More

Major government departments, including telecom, defense, railways, and highways, have reduced their capital expenditures, with the Department of Economic Affairs also showing caut...

Business

FMCG Sector Braces for Slower Growth Amid Inflation and Rising Costs in Q3

FMCG companies anticipate slower growth in Q3 due to inflation, rising input costs, and pricing measures. Urban market consumption drops, while rural markets remain resilient. Comp...

Business

India Aims for $2 Trillion Export Target by 2030 with New Strategy

India is setting its sights on a $2 trillion export target by 2030, with Commerce Minister Piyush Goyal outlining a strategic approach to boost goods and services exports. The plan...

Business

India's Commerce Ministry to Host Global Export Strategy Meeting with 20 Nations in January

India's Commerce Ministry is organizing a three-day meeting with officials from 20 countries to discuss strategies to boost exports of goods and services. The focus will be on over...

Business

India Emerges as a Global Investment Hub: FDI Inflows Skyrocket

India's FDI inflows are surging, with significant contributions from global investors. The country's stable regulatory framework, skilled workforce, and progressive policies are ke...