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Business

18 Companies Including Voltas Secure Spots in PLI Scheme for White Goods Sector

18 companies, including Voltas and MIRC Electronics, have been selected under the PLI scheme for the white goods sector, committing Rs 2,299 crore in investments. This move is set ...

Business

NCLT Orders Liquidation of Go First: The End of an Era for India's Aviation Sector

The National Company Law Tribunal has ordered the liquidation of Go First, marking a significant moment for India's aviation sector. The airline, which ceased operations in 2023, o...

Business

How Small Deals Are Fueling Growth for IT Giants in a Challenging Market

Large IT companies are increasingly relying on small and mid-sized deals to drive growth, as evidenced by recent reports from HCLTech and TCS. This trend highlights a shift towards...

Business

Moody's Predicts Surge in FDI with 100% Insurance Sector Opening

Moody's Ratings forecasts a significant increase in foreign direct investment (FDI) into India's insurance sector if the government raises the FDI limit to 100%. This is expected t...

Business

IOB Reports a Significant 21% Surge in Q3 FY25 Net Profit Amid Strategic Financial Moves

Indian Overseas Bank (IOB) reports a 21% surge in Q3 FY25 net profit, plans a Rs 2,000 crore QIP, and improves asset quality, showcasing robust financial health and strategic growt...

Business

Dr. KM Abraham Runs 42km Mumbai Marathon to Support Wayanad Rehabilitation Efforts

Dr. KM Abraham, CEO of KIIFB, ran the 42 km Mumbai Marathon to raise funds for Wayanad's rehabilitation after devastating landslides. Supported by Chief Minister Pinarayi Vijayan, ...

Business

Belgium Investigates Apple for Alleged Use of Conflict Minerals from Congo

Belgian authorities are investigating Apple over allegations of using 'blood minerals' from the Democratic Republic of Congo, with a criminal complaint filed by DRC lawyers accusin...

Business

Nvidia Pledges Continued Collaboration with China Amid US Export Restrictions

Nvidia CEO Jensen Huang has announced the company's continued collaboration with China, emphasizing the importance of this partnership despite US export restrictions on advanced ch...