Business
Companies, markets, money and work. 601 stories, page 5 of 20.
CNBC-TV18 News Update: KFC and Pizza Hut Operator Sapphire to Merge with Devyani at a 1:1.77 Exchange Rate
Sapphire Foods India Limited, the operator of KFC and Pizza Hut, is poised to merge with Devyani International Limited, which also manages QSR chains in India, as…
MOIL updates manganese ore pricing for January 2026, with ferro grades increased by 3%.
On Thursday (January 1), state-owned MOIL Ltd announced new pricing and revisions for various grades of manganese ore and other products for the January–March 2026…
Ukraine and EU Refute Attack Allegations, Berkshire Stock Drops on Buffett’s Last Day, Tobacco Tax Impacts Market, and More
Wishing a Happy New Year to our readers. As we turn the page on the calendar, the news continues to unfold. In this first edition of the year, we provide insights into…
Legal Digest | Understanding the Tax Deductibility of Non-Compete Fees as Revenue Expenses
A key principle of capital expenditure is the expectation that its benefits will last for several years, alongside the significance of the expenditure itself. The Court…
India’s live music scene is booming—and it’s rapidly turning into a major revenue generator.
Executives within the live events landscape report that growth is no longer gradual. It has become exponential.
IRFC Approves ₹5,000 Crore Term Loan for MAHAGENCO; ₹3,000 Crore Disbursed
On Wednesday (December 31), the state-owned Indian Railway Finance Corporation Ltd (IRFC) entered into a Rupee Term Loan Agreement with Maharashtra State Power…
Government prolongs ban on low-ash metallurgical coke imports by six months.
However, coke with high-ash content (exceeding 18 percent) is not included in this restriction.
Bharat Forge Stock Rises Following Major Small Arms Contract with Defence Ministry
The Ministry of Defence has entrusted Bharat Forge with a contract to supply 255,128 CQB carbines in the 5.56 x 45 mm caliber for the Indian Army.
Navi Mumbai International Airport Surpasses 25,000 Passengers in Its First Five Days of Operation
The airport recorded a total of 26,021 passengers, with 12,431 arriving and 13,590 departing, indicating strong demand and active bookings since its launch, according to…
Devyani International’s subsidiary to divest 51% ownership in Peanutbutter and Jelly to Heritage Foods.
The company stated that Sky Gate has indicated the agreement for sale was finalized on December 30, 2025, with the transaction anticipated to be concluded on or before…
Tesla’s Cybertruck Problems Cause a 99% Drop in Orders for South Korean Supplier
L&F Co. from South Korea disclosed on Monday that the 3.83 trillion won ($2.67 billion) supply agreement initially announced in February 2023 with Tesla has been slashed…
Vikran Engineering wins 45.75 MW solar projects in Madhya Pradesh.
On Friday, December 26, Vikran Engineering Ltd announced that it has accepted awards from MP Urja Vikas Nigam Ltd for the establishment of grid-connected solar power…
Tata Steel reports that a Dutch NGO demands $1.6 billion for purported health impacts.
According to a Tata Steel statement released on Friday, Stichting Frisse Wind.nu has filed the legal documents to initiate the lawsuit at the District Court North…
Lenskart set to purchase a 29.24% share in South Korea’s iiNeer for ₹186 crore.
Lenskart Solutions Ltd has announced that its fully owned subsidiary, Lenskart Solutions Pte. Ltd., based in Singapore, has sanctioned an investment of KRW 3 billion…
Samsung decides against listing in India, prioritizing AI integration and interest-free financing to drive growth.
In an interview with PTI, JB Park, President and CEO of Samsung Southwest Asia, indicated that the South Korean conglomerate aims to strengthen its manufacturing…
Navi Mumbai International Airport Launches Commercial Services, Operating 30 Flights Daily
The greenfield airport started operations on December 25, 2025, managing approximately 30 flights daily, which include 15 arrivals and 15 departures. Domestic routes are…
Navi Mumbai International Airport Holds Spectacular Drone Display Before Operational Opening
The newly constructed airport, promoted by the Adani Group, will commence commercial operations starting Thursday.
H-1B Changes Leave Indian Workers in Limbo, Prompting IT Companies to Reevaluate US Recruitment Strategies
The US Department of Homeland Security has disclosed plans to replace the traditional lottery-based selection process for H-1B visas with a weighted model that favors…
India’s solar capacity could exceed 50 gigawatts this year, according to Saatvik’s CEO.
Saatvik Green Energy has secured approximately ₹400 crore in orders and has launched its 2 GW in-house EPE film manufacturing facility. Mathur noted that the second half…
Belrise Industries Ventures into Defence Manufacturing via Collaboration with Plasan
Swastid Badve and Sumedh Badve, the promoters of Belrise Industries, explained that the stake sale aimed to facilitate the merger of two affiliated entities—Badwe Auto…
Alphabet, Google’s parent company, acquires Intersect for $4.75 billion to strengthen its AI data center capabilities.
Alphabet, which relies heavily on Google’s search engine and various online services for most of its income, is fully buying out Intersect after having initially…
HCLTech subsidiary to acquire Belgian AI company Wobby to strengthen data analytics capabilities.
IT services firm HCLTech Ltd announced on Monday (December 22) that its software division, HCLSoftware, intends to acquire Wobby, a startup located in Antwerp, Belgium…
Mukesh Ambani Celebrates Dr. Mashelkar’s Innovative Legacy at Ceremony Recognizing 54 PhD Recipients
In his speech, Mukesh Ambani paid tribute to Dr. Mashelkar’s visionary leadership and lasting contributions to science and education, stressing the importance of…
Swiggy Instamart Launches First Physical Experience Store in Gurugram
This store is not owned or operated by Instamart. Rather, it is owned and run by a seller, with Instamart contributing branding and services. According to sources…
Mahindra Lifespaces secures ₹1,250 crore redevelopment venture in Mulund, Mumbai.
The projected gross development value of this project is approximately ₹1,250 crore. The company received the formal notification on June 26, 2025. The redevelopment…
PB Fintech Founders Divest Shares Valued at ₹920 Crore; HDFC Life and ICICI Prudential Among Purchasers
Co-founder and Executive Vice Chairman Alok Bansal sold 16.5 lakh shares at an average price of ₹1,821.50 each, totaling ₹300.5 crore. Yashish Dahiya, co-founder…
Sona Comstar Aims to Drive Growth in India, China, Japan, and Korea, According to Managing Director Vivek Singh
In an interview with CNBC-TV18, Vivek Vikram Singh, Managing Director of the prominent auto components firm, stated that while the company previously focused its…
Shell announces it has no plans to bid for BP.
“In light of recent media speculation, Shell would like to clarify that it has not been actively evaluating making an offer for BP,” the company stated on Thursday. This…
GST@8: The Evolution of Classification Disputes in India’s Updated Tax System
In the last eight years, GST rates have sparked a multitude of disputes. Although the GST Council has intervened multiple times to address these conflicts, numerous…
JSW Steel petitions Supreme Court to reconsider decision nullifying Bhushan Power’s resolution plan.
A bench headed by Justice Bela M Trivedi and Justice Satish Chandra Sharma mandated the liquidation of Bhushan Steel and Power Ltd under the Insolvency and Bankruptcy…
Adani Enterprises Plans to Generate Up to ₹1,000 Crore Through Public Offering of Non-Convertible Debentures (NCDs)
“…we would like to inform you that the management committee of the company at its meeting held on June 25, 2025, has, among other things, approved and adopted the draft…