Business News

Business

Adani Energy Solutions Expands Portfolio with Strategic Acquisition of Mahan Transmission Project

Adani Energy Solution Ltd has acquired Mahan Transmission Ltd, a Rs 2,200-crore intra-state transmission project, to expand its network by 2,800 MVA of substations capacity and 740...

Business

Indian Bank Faces Rs 873 Crore Tax Demand Notice: A Detailed Look into the Controversy

Indian Bank has received a Rs 873 crore tax demand notice from the income tax department for AY 2017-18, citing certain disallowances. The bank plans to appeal, confident in its le...

Business

Dixon Technologies and Signify Forge Strategic OEM Lighting Partnership in India

Dixon Technologies and Signify have entered into a strategic partnership to form a joint venture in India, focusing on OEM manufacturing of lighting products. This collaboration su...

Business

Quick Commerce Dominates E-Grocery Orders in 2024: A Surge Beyond Two-Thirds

In 2024, quick commerce platforms accounted for over two-thirds of e-grocery orders in India, with the sector expected to grow by 40% annually until 2030. India's e-retail market r...

Business

Empowering the Future: Times Power Women 2025 Celebrates Trailblazing Women Across Industries

The Times Power Women Conclave & Awards 2025 in Bengaluru celebrates extraordinary women shaping the future across diverse fields, featuring keynote speeches, panel discussions, an...

Business

British Steel Faces Tough Decisions: Potential Closure of Two Furnaces Puts 2,500 Jobs at Risk

British Steel Limited, owned by Jingye Group, may shut down two blast furnaces in Scunthorpe due to financial unsustainability, risking 2,500 jobs. Despite over £1.2 billion in inv...

Business

Indian Rupee Dips to 85.77 Against USD Amid Tariff Tensions and Surging Dollar Demand

The Indian rupee closed lower at 85.77 against the US dollar, pressured by dollar demand and tariff concerns. Despite market volatility, domestic equities gained, supported by fore...

Business

Last-Minute Tax Filing? Income Tax Offices Across India to Remain Open March 29-31

The Income Tax Department in India will keep its offices open from March 29 to March 31, 2025, to help taxpayers with last-minute filings before the fiscal year ends. Despite holid...