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Business Today | Latest Stock Market and Economy News India - Economy
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'India can speak on its visa policy': US on Australian journalist's visa row - BusinessToday
US State Department Deputy Spokesperson Vedant Patel refrained from commenting on India's visa policies directly, stating, "The government of India can speak on its own visa policy. That is not something I am going to opine on from here."
‘1 in 4 weddings globally are in India’: Nikhil Kamath says ‘traditionally uncool industries’ are where opportunities hide - BusinessToday
In his latest post, Zerodha co-founder Nikhil Kamath, talking about weddings in India, said that “traditionally uncool industries” appear to hide the biggest opportunities.
Advancements in AI will kill India's call center sector within 1 year, says TCS CEO - BusinessToday
In an interview with the Financial Times, Krithivasan said that while no job cuts have happened yet, the widespread adoption of generative AI among multinational clients is poised to revolutionise traditional call centre operations.
Won't retreat under 'false' allegations: Religare's Rashmi Saluja amid tiff with Burmans - BusinessToday
In an interview with The Economic Times, Saluja said that she has the full support of the board and is proud of her turnaround credentials, the results of which are evidenced by what she described as a tough phase for non-bank lenders.
Tata Electronics working on high-precision machines to manufacture iPhone casing: Report - BusinessToday
The company has tied up with two Indian manufacturers to develop capabilities for it and plans to also export these complex machines in the future. So far, the Tatas imported these from China, the ET report said.
Blinkit now more valuable than Zomato's food delivery business: Goldman Sachs - BusinessToday
Goldman Sachs now values Blinkit at Rs 119 per share at a $13 billion equity valuation. That's higher than the food delivery business, which is being valued at Rs 98 per share. The $13 billion valuation for Blinkit is an upgrade from Goldman Sachs’ earlier estimate of $8 billion (on April 4)
WATCH: Pune man quits ‘toxic job,’ dances to dhol beats outside his office - BusinessToday
A sales associate hailing from Pune, bid farewell to his toxic work environment in a unique manner, drawing attention to prevalent issues of respect and appreciation in workplaces. Instead of a customary farewell gathering, he planned a grand leaving celebration outside his office premises.
'Vijaypat Singhania says I should get 50% of total wealth': Nawaz Modi on divorce settlement with Gautam Singhania - BusinessToday
In January, the settlement talks between Singhania and Modi collapsed after it was reported that Modi asked for 75% of Gautam Singhania's estimated $1.4 billion net worth following their separation.
Crisil’s ESG ratings unit gets Sebi’s approval for ESG scoring - BusinessToday
Amish Mehta, Managing Director and CEO, CRISIL Ltd, said: “The approval comes at an opportune time when ESG disclosures have been improving and there is increasing realisation in the financial markets on the need for independent ESG ratings."
Increase in traffic to lift revenue of private airports by 30% this fiscal: Crisil report - BusinessToday
The rising revenue will restore the cushion for debt servicing to around 1.4 times, taking it back to the level last seen before the Covid-19 pandemic, the report added. Airports had dipped into their cash reserve to service debt during this period.
Anglo rejects BHP takeover proposal as it 'significantly undervalues' company - BusinessToday
“The proposed structure is also highly unattractive, creating substantial uncertainty and execution risk borne almost entirely by Anglo American, its shareholders and its other stakeholders,” Anglo chairman Stuart Chambers said in a statement.
Xiaomi CEO hails over 75,000 lock-in orders for SU7, says 'I couldn't be prouder' - BusinessToday
Xiaomi launched its car, which draws styling cues from Porsche, in March this year. It enters a crowded China EV market with an attention-grabbing price tag of under $30,000 for the base model, which is $4,000 cheaper than the base model of Tesla's Model 3 in China.
'No one can stop India's rise': VP Jagdeep Dhankar presents AIMA Managing Awards to top leaders from India Inc; check details here - BusinessToday
Speaking at the event, Vice President Dhankhar extended his congratulations to the awardees and the esteemed jury, stating, "These awards enhance public perception, and the success stories of the awardees inspire and motivate others."
HUL renames health food drinks to functional nutrition drinks amid govt action - BusinessToday
In its investor presentation post earnings, the FMCG giant said that it is dialling up benefits and nutrition science on the pack to help consumers make informed choices about their food and beverage consumption.
Illegal Indian migrants stare at deportation as UK passes Rwanda Asylum Bill; all you need to know - BusinessToday
In 2023, more than 1,000 Indians have risked their lives in an attempt to enter the UK from Europe via the English Channel in inflatable small boats. This was done in an attempt to seek jobs and asylum in the UK.
Fintech unicorn Yubi enters into strategic partnership with Europe's MODIFI; aims to make Indian MSME's access to capital easier - BusinessToday
According to Yubi, this collaboration will offer Indian exporters and importers access to secure, uncollateralized funding for international transactions, addressing the persistent challenge of collateral requirements.
Food delivery unicorn Swiggy launches new tool to help restaurants improve online visibility; check details here - BusinessToday
Food delivery platform Swiggy said today that has launched a new tool aimed at empowering restaurants of all scales to improve their online visibility and stimulate growth. Swiggy is calling it 'Smart Links.'
Varun gets beverages, food, Devyani gets healthcare, education: RJ Corp’s succession plan - BusinessToday
RJ Corp founder and chairman Ravi Jaipuria said that the succession planning of the conglomerate has been established, including a roadmap for Varun and Devyani to take on strategic leadership roles.
China is desperately looking for used cars, washing machines and refrigerators to save its economy - BusinessToday
The plan was pushed by President Xi Jinping to help households and businesses upgrade their old machinery four months ago. China believes the incentives will encourage businesses and households to adopt cleaner technologies.
NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra: Report - BusinessToday
IBHF claimed that while Chandra indicated of a settlement being reached in the dispute, it is yet to be fulfilled. So, they are constrained to revive the personal insolvency plea. The plea was filed under the Insolvency and Bankruptcy Code, 2016 (IBC)