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Business
Karnataka RERA Orders Compensation for Homebuyers as Promised Amenities Remain Undelivered
A Karnataka RERA tribunal has ordered a prominent builder to pay Rs 10 lakh in compensation to four homebuyers after a joint inspection revealed that several promised amenities were not…
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Business
Essar Subsidiary Set to Acquire UK Fuel Retailer for Approximately $550 Million
Essar Energy Transition’s retail division has announced its acquisition of UK forecourt operator SGN Retail in a deal valued at approximately £400 million ($540 million or ₹5,166 crore). This acquisition…
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Business
AB InBev’s Growth in India Outpaces Industry Performance, Says President
New Delhi: AB InBev, the world’s largest brewer, has surpassed the growth of India’s beer market in the first half of the year, positioning the country as one of Budweiser’s…
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Business
Amazon’s Rapid Commerce Division Surpasses $1 Billion in Annual Gross Sales
MUMBAI: Amazon’s quick commerce business in India has surpassed $1 billion in gross annualized sales over the last three months, positioning it among the top three players in the market…
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Business
Solar Industries Expands Global Reach with Acquisition of South African Company
Solar Industries, based in Nagpur, has finalized a deal to acquire South Africa’s Omnia Holdings for Rs 12,951 crore. This acquisition will create one of the largest integrated blasting solutions…
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Business
Oil Prices Surge Over 2%: Brent Crude Exceeds $107 Amid New Saudi Strikes and Strait of Hormuz Tensions
Oil prices surged over 2% on Monday, driven by renewed supply concerns following Houthi attacks on Saudi Arabia and Iranian strikes on vessels in the Gulf. Brent crude futures climbed…
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Business
HDFC Bank Submits Two CEO Candidates to RBI for Consideration
MUMBAI: HDFC Bank has submitted two names to the Reserve Bank of India (RBI) for the position of managing director and CEO, initiating the succession process ahead of Sashidhar Jagdishan’s…
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Business
RBI Denies Tata Sons’ Request to Remain Private, Orders Company Listing
MUMBAI: The Reserve Bank of India has rejected Tata Sons‘ request to relinquish its core investment company (CIC) registration. This decision complicates the holding company’s efforts to remain private and…
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Business
Brics 2026: Piyush Goyal Celebrates Unanimous Approval of New Delhi Declaration
Union Commerce Minister Piyush Goyal has welcomed the unanimous adoption of the New Delhi Declaration at the 18th BRICS Summit. He stated that the declaration reflects the collective resolve of…
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Business
India’s Gem Exports Increase as Gold Jewellery Shipments Experience Significant Growth in August
India’s gem and jewellery exports increased by 3.14% year-on-year in August, reaching $2.30 billion (Rs 21,945.87 crore). This growth was driven by a significant rise in shipments of studded gold…
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Business
India Becomes Key Supplier for 70% of Russia’s Fuel Imports Amid Ukrainian Drone Strikes on Refineries
India has become the largest supplier of fuel to Russia, providing 70% of its oil imports in August. This surge comes as Ukrainian drone strikes have disrupted Russian refinery operations,…
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Business
FPIs Shift to Selling Mode, Withdraw Rs 13,138 Crore from Indian Equities
Foreign portfolio investors (FPIs) have withdrawn Rs 2.37 lakh crore from Indian equities this year, with Rs 13,138 crore pulled out in the first two weeks of September alone. This…
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Business
India’s Semiconductor Sector Secures $1.4 Billion in Funding Across 281 Companies
India’s semiconductor sector has secured $1.4 billion in cumulative equity funding across 281 companies, with nearly half of this amount raised since 2025. Recent data from Tracxn, cited by PTI,…
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Business
India Finalizes 2,843 km Dedicated Freight Corridor Network: A Transformative Development for the Railway Sector
India’s Dedicated Freight Corridor (DFC) project has reached a significant milestone with the completion of its 2,843-km network. The last sections of the Western Dedicated Freight Corridor were inaugurated this…
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Business
DPDP Establishes New Privacy Roles Transitioning from Policy to Code
BENGALURU: India’s push for data privacy is driving demand for a new category of technology professionals skilled in translating regulations into operational systems. As companies navigate complex data environments and…
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