Markets

Infosys has incorporated a step-down wholly-owned subsidiary IInfosys Australia Technology Services Pty Ltd  in Australia. The newly incorporated entity’s 100% shareholding is held by Singapore Pte. Ltd, a wholly owned subsidiary of Infosys Limited. The board of Biocon has approved raising up to Rs 4,500 crore through issue of securities. The company’s board has approved to raise … Read more

India on Wednesday suspended the Indus Water Treaty and announced downgrading diplomatic ties with Pakistan including expulsion of its military attaches in view of cross-border links to the Pahalgam terror attack. The Cabinet Committee on Security (CCS) met this evening under the chairmanship of Prime Minister Narendra Modi and firmed up the responses to the … Read more

Discussions are in early stages, and no timeline has been finalised | Photo Credit: DANISH SIDDIQUI Mining mogul Anil Agarwal’s Vedanta Resources could look at a possible US public listing for its Zambian unit, Konkola Copper Mines (KCM), among “other financing options”, as it looks to raise approximately $1 billion for mine development.  Talks are … Read more

Rajiv Mehra,President, IATO | Photo Credit: KAMAL NARANG Travel agents associations are seeking enhanced protection and swift action against terrorism in order to restore confidence among travellers visiting Jammu & Kashmir. This appeal comes as tourists scramble to return home following the terrible terror attack in Pahalgam on Tuesday. There are deferrals and trip cancellations … Read more

Electric cab service BluSmart has appointed Grant Thornton for a forensic audit after a regulatory investigation found its co-founder allegedly diverted and misused funds which were meant to buy cars, two people with direct knowledge said. A rival to Uber and India’s Ola, BluSmart became hugely popular with its all-electric fleet of more than 8,000 … Read more

Domestic markets are expected to sustain the rally on Wednesday thanks to positive global cues. The US stocks overnight jumped over 2.5 per cent after the US President Donald Trump said he had no plans to dismiss the head of the Federal Reserve Jerome Powell, which had badly shaken investor confidence in US assets. Further boosting investors’ … Read more

Laurens van den Acker, Chief Design Officer, Renault Group and M Venkatram, Country CEO and MD, Renault India at the unveiling of a sculpture model designed by the Renault Design team, at the Renault Nissan Technology & Business Centre at Mahindra City, near Chennai | Photo Credit: BIJOY GHOSH French automaker Renault has unveiled what … Read more

Waaree Energies has issued guidance for EBITDA in the range of ₹5,500 crore to ₹6,000 crores backed by its expanded backward-integrated capacity, a growing US manufacturing footprint, and a robust global order pipeline, | Photo Credit: VALENTYN OGIRENKO Riding on demand for solar PV modules from marquee utility-scale developers, Waaree Energies Ltd on Tuesday reported … Read more

Stacie Sire VP, MD, Boeing India Engineering & Technology Center and Chief Engineer, Boeing India | Photo Credit: BH1CT23644 American Aerospace and Defence giant Boeing has appointed Stacie Sire as its new Vice President and Managing Director for Boeing India Engineering & Technology Center (BIETC) and also as the chief engineer for Boeing India. Sire … Read more

On the occasion of Earth Day on April 22, 2025, one of the most pressing issues arises: How can we simultaneously address climate change and food security? The answer is not only in the plants we grow but also in the soil below. For decades, agriculture has been using chemical fertilisers, but there is a … Read more