American fried-chicken chain Popeyes, whose India franchise is with Jubilant FoodWorks, will five new stores in Mumbai as part of its store expansion plan. The brand aims to touch 250-outlets in the next 3-4 years from 63 stores now. Sameer Khetarpal, Jubilant FoodWorks MD & CEO tells Viveat Susan Pinto how the firm is differentiating Popeyes from its
Indian equity markets closed the session on a negative note. The Nifty 50 closed the session over 75 points lower, ending below 24,600, and the Sensex closed the day more than 160 points or 0.21% lower at 80,545. The Nifty Bank settled 51 points or 0.09% higher at 55,411. The small and midcap stocks saw
ITR Filing AY 2025-26: As many as 2.47 crore income tax returns (ITRs) have been filed for the financial year 2024-25. Of these, nearly 1.14 crore returns have been processed by the Income Tax Department. Going by what we saw in the previous year, around 75% taxpayers are yet to file their returns. Every year
China’s Ant Group is selling its 5.84 per cent stake in Paytm, says a Reuters report. Ant Group, an Alibaba Group company, will sell its stake in the Indian payments major for an approximate value of Rs 3,800 crore or $433.72 million.The report says that Ant Group is offloading its stake in Paytm at a
JSW Cement’s Initial Public Offering (IPO) will open for bidding on August 7. The company has fixed the price band at Rs 139 to Rs 147 per equity share. The IPO will be open for subscription till August 11, and the investors can bid for a minimum of 102 equity shares and multiples of 102
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
Beating analysts’ estimates by a narrow margin, Tata Power on Friday posted a 9.2% growth in profit at Rs 1,060 crore in Q1FY26 as compared to Rs 971 crore in Q1FY25. Sequentially, profits grew 1.6%. Analysts had predicted a profit of Rs 1022 crore. The company beat analysts’ estimates on the revenue front also, posting
Asset Reconstruction Company (India) Limited, pioneer in the asset reconstruction industry and the first ARC to be incorporated in India, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of an offer for sale of up to 105,463,892 Equity Shares of face value
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
