Business News

Business

Indian Stock Market Surges: Sensex and Nifty50 Climb Over 200 Points in Early Trading

Indian stock markets saw a significant rise with BSE Sensex and Nifty50 climbing over 200 points in early trading. Analysts caution against overinterpreting the market bounce, sugg...

Business

Top Stock Picks and Downgrades: Brokerage Insights for January 24 Revealed

Brokerages offer mixed views on stocks for January 24, with downgrades for Hindustan Unilever and Dr Reddy’s Laboratories, while HDFC Bank and Nuvoco Vistas Corp receive positive r...

Business

India Aims for 6-8% Economic Growth with Inclusive Policies, Says Minister Ashwini Vaishnaw

India aims for a 6-8% economic growth rate, focusing on inclusive policies, manufacturing, and simplifying laws. Minister Ashwini Vaishnaw and industrialist Sanjiv Bajaj discuss st...

Business

Everstone Secures Majority Stake in Wingify: A $200 Million Leap into India's SaaS Future

Everstone acquires a majority stake in Wingify, a leading Indian SaaS company, for $200 million, marking a significant investment in India's tech sector and highlighting the global...

Business

Moody's Report: Indian Companies Largely Shielded from Rupee Volatility

Moody's reports that most Indian companies it rates are insulated from the adverse effects of rupee depreciation, with government-owned oil marketing companies, Ola, and UltraTech ...

Business

Infra.Market Secures $121 Million in Pre-IPO Funding, Valuation Hits $2.8 Billion

Infra.Market, a B2B construction materials supplier, raises $121 million in pre-IPO funding, reaching a $2.8 billion valuation. Backed by major investors, it stands as a profitable...

Business

FSSAI Mandates Patanjali to Withdraw Contaminated Chilli Powder Batch

The FSSAI has ordered Patanjali Foods to recall a batch of chilli powder due to non-compliance with safety standards. This comes amid increased scrutiny on the domestic spice indus...

Business

Rising IT Attrition Rates Signal a Surge in Demand for Specialized Roles in India

Indian IT firms are witnessing an uptick in attrition rates, signaling a moderate demand recovery and opportunities for specialized roles. HCLTech, Wipro, TCS, and Infosys report i...