Business News

Business

Venture Global's NYSE Debut: A Rocky Start with Shares Falling Below IPO Price

Venture Global, an American liquid gas provider, debuted on the NYSE at $24.05, 3.8% below its IPO price. This marks a significant but challenging start for the company in the publ...

Business

Bank of India Sees 34% Surge in Net Profit Thanks to Retail Loan Boom

Bank of India reports a 34.6% jump in net profit for Q3FY25, driven by a surge in retail loans and improved asset quality. Financials show significant growth in net interest income...

Business

DLF Reports Staggering 61% Jump in Q3 Net Profit to Rs 1059 Crore

DLF announces a 61% increase in Q3 net profit to Rs 1,058.7 crore, with total income rising to Rs 1,737.5 crore. The company's development business sees record sales, and its renta...

Business

Wipro GE Healthcare Commits to $1 Billion Investment in India Amid Global Manufacturing Shifts

Wipro GE Healthcare reaffirms its $1 billion investment in India, focusing on manufacturing and R&D, despite global manufacturing shifts. The company aims to enhance its product of...

Business

Granules India Faces Profit Dip as Gagillapur Plant Closure Impacts Q3 Earnings

Granules India Ltd reports a 6% drop in Q3 PAT to Rs 117.6 crore due to the temporary closure of its Gagillapur facility following USFDA observations, impacting revenues and profit...

Business

Exploring the Capital Return Challenges Faced by Indian PE and VC Funds

An exclusive analysis reveals that only 25 private equity and venture capital funds in India returned 100% or more of the drawn-down capital to their investors from March 2014 to M...

Business

Meta Unveils Plans for a Massive 2GW+ Data Center to Power AI Ambitions Across Manhattan

Meta announces a groundbreaking 2GW+ data center in Manhattan to support its AI expansion, including the Llama 4 model and a new AI engineer, aiming to serve over 1 billion users w...

Business

Amul Reduces Milk Prices Nationwide: A Strategic Move to Boost Larger Pack Sales

Amul reduces prices for one-litre milk packs by Re 1 nationwide to encourage larger pack purchases. GCMMF reports an 8% turnover increase, aiming for double-digit growth. Represent...