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Business

Report Predicts a 3-5% Growth in Domestic Commercial Vehicle Volumes by FY26

The domestic commercial vehicle industry is expected to see a 3-5% growth in wholesale volumes by FY26, following a flat FY25 due to general elections. Icra's report suggests a reb...

Business

Indian Rupee Takes a Dive: Sharpest Fall in Two Weeks Against the Dollar

The Indian rupee saw its sharpest single-day fall in two weeks against the dollar, influenced by dollar bids and the Chinese yuan's weakness. Asian currencies also declined, with t...

Business

Sebi Introduces Stricter Profitability Norms for SME IPOs to Safeguard Investors

Sebi has introduced stricter norms for SME IPOs, including a profitability requirement and a 20% cap on OFS, aiming to protect investors and ensure market integrity.

Business

Takashi Nakajima Takes the Helm as Honda Cars India's New CEO

Honda appoints Takashi Nakajima as the new President & CEO of Honda Cars India, effective April 1, 2025. Nakajima, previously leading Honda Motor Russia, is expected to bring new i...

Business

Indian Government Proposes Additional Rs 51,000 Crore Spending for Subsidies and Pensions

The Indian government seeks parliamentary approval for an additional Rs 51,000 crore spending, focusing on fertiliser subsidies and pensions for retired civilians and defence perso...

Business

Rural Demand Set to Outpace Urban Recovery, Says Godrej Consumer Products CEO

Godrej Consumer Products CEO Sudhir Sitapati predicts a faster recovery in rural consumption compared to urban areas, citing reduced food inflation and improved rural market perfor...

Business

India Seeks New Leader for Insurance Regulatory Authority as Current Chief's Term Ends

The Finance Ministry of India is seeking a new Chairman for the Insurance Regulatory and Development Authority (Irdai) as Debasish Panda's term ends on March 13, 2025. Applications...

Business

Oracle's Q3 Fiscal 2025 Revenue Climbs to $14.1 Billion, Marking a 6% Increase

Oracle Corporation reported a 6% increase in Q3 fiscal 2025 revenue, reaching $14.1 billion. The tech giant's growth highlights its strong market position and strategic expansion e...