Mumbai/IBNS: State Bank of India (SBI) has decided to sell a 1.4 percent stake in SBI Funds Management Ltd. through a pre-initial public offering (pre-IPO) deal worth Rs 1,655 crore, according to the company's filing cited by media reports.
Mumbai/IBNS: The Indian stock market rallied for the second consecutive session on Friday despite escalating tensions in West Asia, reflecting strong investor confidence and buying in information technology stocks.
Mumbai/IBNS: Tata Consultancy Services has reported its consolidated financial results according to IFRS, for the quarter ending June 30, 2026.
Mumbai/IBNS: Shares of Tata Consultancy Services (TCS) surged more than 4 percent in early trading on Friday after the IT major reported a strong start to the financial year 2027, boosting investor sentiment.
Mumbai/IBNS: The Indian stock market surrendered most of its early gains on Thursday but managed to end the session in positive territory as investors turned cautious amid lingering geopolitical uncertainties.
Mumbai/IBNS: Indian benchmark equity indices opened in the green on Thursday, shrugging off renewed geopolitical tensions in West Asia after fresh military exchanges between the United States and Iran.
Larsen & Toubro Vyoma (L&T Vyoma), L&T’s next-generation sovereign AI cloud and digital infrastructure business, has entered a strategic partnership with Fortanix Inc, a US-headquartered global leader in data and AI security and a pioneer in Confidential Computing.
Mumbai/IBNS: The Indian stock market witnessed a sharp sell-off on Wednesday, with the BSE Sensex plunging more than 1,600 points after fresh tensions erupted in the Middle East following US President Donald Trump's declaration that the US-Iran ceasefire was over.
Mumbai/IBNS: The Indian stock market extended its losses on Wednesday, with the BSE Sensex plunging over 500 points at the opening bell amid rising geopolitical tensions in West Asia and a sharp spike in crude oil prices.
Mumbai/IBNS: Indian equity benchmark indices extended their winning streak for a fifth consecutive session on Tuesday, opening in the green amid mixed global cues, media reports said.
Microsoft-owned Xbox will lay off 3,200 employees—about 20 per cent of its global workforce—over the next year as the gaming division undergoes a major restructuring driven by artificial intelligence investments and slowing business performance.
Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking to streamline operations and improve efficiency, according to Reuters.
Ashok Leyland, a commercial vehicle manufacturer, on Monday announced a partnership with Rosmerta Recycling to enable the responsible scrappage of end-of-life commercial vehicles across India.
India's nationwide rollout of E20 petrol has become one of the country's most closely watched energy policy debates.
Kolkata-based Laser Power & Infra Limited has proposed to open an initial public offering of its equity shares of face value of ₹5 each on Thursday, July 9, 2026.
Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited (AEL), on Monday announced it broke ground on a Rs. 2,500-crore project in Shivpuri, Madhya Pradesh (MP), to establish South Asia's largest private-sector missile ecosystem.
Mumbai/IBNS: Defence stocks surged on Monday after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately Rs 52,000 crore, boosting investor sentiment over the prospects of fresh domestic defence orders, media reports said.
Commerce and Industry Minister Piyush Goyal on Saturday said India's toy exports have surged 239 per cent over the last four years and urged the industry to build on the momentum by targeting tenfold growth in the coming years.
Kolkata/IBNS: Canadian High Commissioner to India Christopher Cooter has said Canada is increasing its engagement with West Bengal, signalling a significant shift following the change in government in the state.
Tata Group-owned Air India, India’s leading global airline, announced the signing of a Memorandum of Understanding (MoU) with SIA Engineering Company Limited (SIAEC) to explore a collaboration in Maintenance, Repair and Overhaul (MRO) which will contribute to the development of India as a global aviation MRO hub.
Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, through its upstream entity, Bharat PetroResources Limited (BPRL) has successfully completed the acquisition of all of Videocon’s shareholding in its Brazilian Joint Venture company, IBV Brasil Petróleo Ltda. (IBV).
New Delhi/IBNS: Union Commerce and Industry Minister Piyush Goyal on Thursday said the proposed trade agreement between India and the United States has entered its final stage, with most key issues having been resolved.
Mumbai/IBNS: The Centre has revived its long-pending plan to privatise IDBI Bank, inviting fresh financial bids from the existing shortlisted bidders in a renewed push to complete the strategic disinvestment during the current financial year, according to an NDTV Profit report.
Mumbai/IBNS: Shares of Zee Entertainment Enterprises Ltd. (ZEEL) fell nearly 4 percent on Thursday after the company denied media reports claiming it had received a Foreign Direct Investment (FDI) of Rs. 418 crore from OFI Global China Fund LLC, according to media reports.
Mumbai/IBNS: The Indian stock market opened on a positive note on Thursday, with the BSE Sensex rising 0.4 percent and the NSE Nifty 50 gaining 0.36 percent in early trade, according to media reports.
Renault India, a wholly owned subsidiary of the Renault Group, reported a 55% year-on-year increase in domestic wholesales to 4,063 units in June 2026, driven by sustained demand across its product portfolio.
Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, on Wednesday announced its tractor sales numbers for June 2026.
Mahindra & Mahindra Ltd. (M&M Ltd.), on Wednesday, announced that its overall sales, including exports in the Trucks and Buses business (CV > 3.5T) for the month of June 2026 stood at 3249 vehicles, a y-o-y growth of 5%.
Mizuho Bank, Ltd, the banking arm of Mizuho Financial Group, Inc, one of the largest full-service financial institutions in the world, and Bank of Baroda, India’s International Bank, announced a strategic partnership to enhance collaboration across mergers and acquisitions (M&A) financing, structured lending, cross-border financing solutions, and broader corporate and investment banking opportunities.
Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country’s leading commercial vehicle manufacturers, on Wednesday announced the launch of India’s first range of trucks with air suspension.
