Business
Vodafone Group is considering transferring part of its 19% stake in its Indian joint venture Vodafone Idea into the local unit’s treasury as part of a strategy to strengthen its financial position, according to a report from Bloomberg News. The move is seen as an alternative to injecting fresh......
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Indian jewellery giant Titan Company Limited reported quarterly earnings below market expectations as rising operational costs and higher gold prices weighed on profitability despite continued consumer demand. The company, which owns well-known jewellery brands such as Tanishq and CaratLane, announced......
A consortium led by steel industry billionaire Lakshmi Mittal and pharmaceutical entrepreneur Adar Poonawalla has agreed to acquire the Indian Premier League (IPL) franchise Rajasthan Royals in a deal valued at approximately $1.65 billion. The agreement marks one of the most significant investments......
Kotak Mahindra Bank reported stronger-than-expected quarterly earnings, supported by solid loan expansion and lower provisions for bad debts, highlighting continued momentum in India’s private banking sector. The Mumbai-based lender posted a 13% rise in standalone net profit for the quarter ending......
Air India’s search for a new chief executive officer is reportedly narrowing, with two main candidates emerging as frontrunners, according to sources familiar with the process. Vinod Kannan, an executive at Singapore Airlines, and Nipun Aggarwal, Air India’s current head of commercial operations,......
Boeing has secured 20,000 tonnes of permanent carbon removal credits from Supercritical, marking one of the most significant purchases of its kind in the aviation sector this year. The agreement reflects a broader push by the manufacturer to scale up its carbon management efforts as pressure grows to......
The government of India has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to an official government notice. Jain’s appointment will take effect from May 3 for a term of three years. He currently serves as an executive director at the central bank, and his new......
India has taken a significant step in reshaping its banking landscape, as the country’s financial regulator approved a change of control at RBL Bank. The decision clears the way for Emirates NBD to acquire a majority stake in the lender. The approval was granted by the Securities and Exchange......
Prada is introducing a limited-edition collection of sandals produced in India, drawing inspiration from the traditional Kolhapuri style. The move comes after the brand previously faced criticism for presenting similar designs without clearly acknowledging their cultural origins. The new collection......
India’s largest cement producer has reported stronger-than-expected quarterly earnings, supported by rising construction activity and favorable seasonal conditions. UltraTech Cement posted a 20.2% year-on-year increase in consolidated net profit for the fourth quarter, reaching approximately 29.83......
India’s fintech sector continues to expand as MobiKwik has received approval from the Reserve Bank of India to operate as a non-banking financial company (NBFC). The announcement, made by its parent firm One MobiKwik Systems, marks a significant milestone in the company’s evolution from a......
A delegation of ambassadors from Asia Pacific countries visited the Moroccan jewelry group Oromecanica Rafinity in Casablanca on April 15, 2026, in a move aimed at strengthening economic and cultural cooperation. The visit formed part of broader efforts to deepen ties between Morocco and countries across......
