Business
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Swiggy Targets Indian Ownership: Shareholder Vote on Control Shift
Foodtech leader Swiggy seeks shareholder approval to amend its articles and board structure, aiming to become an Indian-owned and controlled company (IOCC) under FEMA regulations.
Uber Partners Adani Group for India’s First Data Centre
Uber partners with Adani Group to launch its first data centre in India, boosting its tech infrastructure in the fast-growing market. Learn more about this strategic collaboration.
LIC Housing Finance Q4 Profit Jumps 9.4% to ₹1,497 Cr
LIC Housing Finance reports a 9.4% Q4 profit increase to ₹1,497 crore, driven by reduced bad loan provisions. Dividend of ₹10 per share recommended for FY26.
Tata’s Impetis Licenses Arthritis Drugs to Vyome Holdings
Impetis Biosciences, a Tata subsidiary, out-licenses two experimental JAK inhibitor drugs for rheumatoid arthritis and autoimmune diseases to US firm Vyome Holdings.
SpiceJet Seeks Supreme Court Land Security Amid Legal Woes
SpiceJet appeals to the Supreme Court to use Gurugram land as security, challenging Delhi High Court’s rejections and facing pressure to settle financial dues.
India’s Steel Policy: Green & Premium Production by 2047
India’s new steel policy targets 2035 & 2047 for major growth in green, specialty, and stainless steel production, aiming for global leadership and self-sufficiency.
Numero Acquires Royu: AI Finance Automation Boost
US AI finance platform Numero acquires Indian startup Royu in a cash-and-stock deal to enhance its AI-driven financial solutions for CFO offices.
Maruti Suzuki Selects 6 Startups for 10th Accelerator Cohort
Maruti Suzuki chooses six Indian startups for its 10th Accelerator Programme, focusing on AI solutions for plant operations, product development, and customer experience.
Anduril Raises $5B, Valuation Hits $61B
Defense tech leader Anduril secures $5 billion in funding, boosting its valuation to $61 billion. Driven by record revenue, this marks significant investor confidence in advanced defense solutions.
Zoho Invests ₹70 Cr in ONDC to Boost India’s Digital Commerce
SaaS leader Zoho injects ₹70 crore into ONDC, strengthening India’s digital commerce infrastructure and promoting MSME adoption for a decentralized ecommerce future.
India’s Steel Sector: Scrap Shortage Hinders Green Production
India’s steel industry faces a critical scrap shortage, limiting green production to just 25% of demand. Learn about the challenges and implications for sustainable steel manufacturing.
Nivasa Finance Raises ₹25 Cr Seed Funding for Housing Loan Expansion
Nivasa Finance secures ₹25 Cr seed funding led by Prime Venture Partners to expand its tech-enabled housing loan distribution network across India.
Bihar Aims for 30% EV Sales by 2030, Launches AI Mission
Bihar targets 30% EV sales by 2030 with policy overhaul, incentives, and charging infrastructure. State also launches AI Mission for tech advancement.
Canara Bank Hikes MCLR by 5 Bps; BoB Holds Rates
Canara Bank increases MCLR by 5 basis points, potentially raising EMIs. Bank of Baroda maintains its current lending rates. Stay informed on banking rate changes.
Raise Financial Acquires Greenlife Insurance for Fintech Expansion
Fintech unicorn Raise Financial Services acquires GreenLife Insurance Broking, expanding its offerings and entering the insurance distribution space.
CG Offices Appoints Jai Agnani to Lead New Workplace Services
CG Offices strategically appoints Jai Agnani as Partner & Chief Growth Officer to launch a new division for corporate occupiers’ workplace and portfolio services in India.
Home Loans: Banks vs. HFCs – Which is Right for You?
Choosing between banks and Housing Finance Companies (HFCs) for your home loan? Compare interest rates, documentation, and processing to make the best decision for your home purchase.
SportVot: Democratizing Grassroots Sports Streaming
SportVot’s white-label OTT solution empowers grassroots sports, offering an affordable alternative to costly elite media rights. Discover how they’re democratizing broadcasting.
Aditya Birla Activ Yuva: New Health Plan Rewards Healthy Living
Discover Aditya Birla’s ‘Activ Yuva,’ a new insurance plan rewarding young consumers for healthy lifestyles with benefits like unlimited hospital cover & HealthReturns.
India Fuel Prices to Rise Amid Middle East Conflict: RBI Governor
RBI Governor warns of potential petrol and diesel price hikes in India due to escalating Middle East conflict, impacting import costs and inflation.
Outsourcing Chores: Convenience vs. Cost
App-based domestic help offers convenience, but rising costs and surge fees make users question the true expense of outsourced chores. Is it worth the hole in your pocket?
India Diesel Shortage: Truckers Stranded, Goods Movement Disrupted
India faces a severe diesel shortage, stranding truckers and disrupting goods movement. Private stations limit sales, state firms struggle, impacting logistics and essential supplies.
India Gold Duty Hike: Jewellery Sector Faces Grey Market Risk
India raises gold import duty to 15%, sparking fears of a surge in the grey market and smuggling, posing significant challenges for the legitimate gems and jewellery sector.
Moi Soi Secures First Institutional Funding from GVFL & Wipro
Pan-Asian brand Moi Soi, operated by Ceres Foods, closes its first institutional funding round with investments from GVFL and Wipro Consumer Ventures, fueling expansion.
Clarity Act Vote: Crypto Regulation Set to Change
The US Senate Banking Committee votes on the Clarity Act tomorrow, poised to reshape crypto regulation with new rules for stablecoins, AML, and SEC fundraising.
Air India Denies International Flight Cancellations, Cites Adjustments
Air India refutes rumors of complete international flight cancellations until July. The airline confirms temporary adjustments to overseas operations due to rising costs.
India Gold Import Duty Hike to 15% May Last a Year: Senco MD
Senco Gold MD suggests India’s 15% gold import duty could persist for a year, potentially impacting jewelry demand and sales volumes by 10-15%.
India Raises Gold Import Duty to 15%: Economic Impact
India reinstates a 15% import duty on gold, silver, and platinum. Learn about the economic rationale and impact on foreign exchange reserves and essential imports.
MobiKwik Profit Jump, India CCTV Market Shift, Startup Funding News
MobiKwik turns profitable in Q4 FY26 driven by payment margins & financial services. India’s CCTV market transforms with new regulations impacting Chinese firms.
IPL TV Viewership Drops, Digital Soars; AI Revolutionizes Drug Discovery
IPL 2026 sees a sharp decline in TV ratings as digital viewership surges. Simultaneously, AI accelerates drug discovery, highlighting a major tech shift.