Business News

Business

Nestaway Co-founder Accuses Major Investors of Fraud and Conspiracy

Amarendra Sahu, co-founder of Nestaway Technologies, has filed fraud charges against major investors including Tiger Global Management, alleging forced sale of the company using fo...

Business

2025 Marks the Dawn of Electric SUVs: A Green Revolution on Indian Roads

2025 is set to be a pivotal year for electric vehicles in India, with a focus on SUVs. Major carmakers are launching electric models across various price points, driven by governme...

Business

2024 Sees the Slowest Car Sales Growth in Four Years Amid Market Challenges

In 2024, car sales growth slowed to 5%, the lowest in four years, due to urban market pressures and increased vehicle costs. Despite challenges, companies like Maruti Suzuki and Ta...

Business

GST Collections Surge by 7.3% Despite Concerns Over Sluggish Urban Demand

Despite a slowdown in demand across various sectors, GST collections in December saw a 7.3% increase to Rs 1,76,857 crore. Domestic collections grew by 8.4%, while import-related f...

Business

SBI Chief Highlights Seasonal Economy Slowdown and Urges for Increased Private Capex

SBI Chairman C S Setty discusses the bank's strategies for navigating a competitive market, enhancing digital and physical channels, and contributing to economic growth. He emphasi...

Business

Sam Ghosh Secures Sebi Approval to Launch Mutual Fund Venture in India

Sam Ghosh, a veteran of India’s financial sector, has received Sebi's approval to launch his mutual fund venture, Cosmea Investments. The company aims to invest Rs 200 crore initia...

Business

Honda Cars India Sees 20% Sales Surge in 2024 Despite Domestic Market Challenges

Honda Cars India Ltd reported a 20% increase in total sales for 2024, despite an 18.55% decline in domestic sales. Exports more than doubled, contributing significantly to the over...

Business

Standard Glass Lining Technology Launches Groundbreaking IPO with Rs 133-140 Price Range

Standard Glass Lining Technology Ltd is launching its IPO with a price band of Rs 133-140 per share, aiming to raise Rs 410.05 crore. The IPO, opening on January 6, 2025, marks the...