Meta on Tuesday said that it disagrees with the Rs 213 crore fine levied on it by the Competition Commission of India for abuse of its dominant position, and will appeal against the order. The penalty pertains to the controversial implementation of WhatsApp’s 2021 privacy policy, which mandated data sharing between WhatsApp and other Meta
Suzlon Energy’s revenue rose 48% on a yearly basis to Rs 2,103 crore in Q2FY25 and its net profit almost doubled to Rs 200 crore. The company had an order book of 5.1 GW—its biggest ever. JP Chalasani, chief executive officer, Suzlon Group, talks to Raghavendra Kamath about the company’s plans and the issues in
The Adani Group will acquire a 30% stake in Gujarat-based construction company PSP Projects from its promoters for Rs 685 crore. Adani Infra, part of the Gautam Adani-led conglomerate, will purchase the stake from Prahladbhai S Patel, who heads PSP Projects and is its shareholder. Also ReadUK-India Free Trade Agreement to relaunch in early 2025:
American tech giant Meta may find it tough to get interim relief against the Competition Commission of India’s (CCI’s) Rs 213-crore penalty on it for its alleged abuse of the dominant position of its messaging app WhatsApp, according to competition law experts. “It would not be easy for the appeal court to disagree with the
The topmost priority of NTPC Green Energy Ltd after its listing will be to scale up renewable energy capacity in a phased manner to 19 giga watt (GW) by 2026-27 at an estimated investment of Rs 1 lakh crore, Gurdeep Singh, chairman and managing director of its parent company NTPC Ltd said on Tuesday. The
Yubi Group, backed by Peak XV and Lightspeed Ventures, reported a nearly 50% year-on-year increase in revenue, reaching Rs 490 crore in FY24. In an interview with Narayanan V, Gaurav Kumar, founder and CEO of the Chennai-based fintech unicorn, shares insights into the key growth drivers, the business outlook for the current fiscal year, and
AI’s transformative potential is expected to disrupt the labour market, with tasks rather than job roles becoming the focal point, Rishad Premji, executive chairman of Wipro said on Tuesday. He said that enterprises around the world are gradually adopting AI technologies with many cautious about the rapid pace of its evolution. However, consumer uptake is
IT company LTIMindtree has extended its contract with Nexi Group, an European paytech provider. This collaboration is set to elevate Nexi’s technology landscape across its core acquiring, issuing, and e-commerce platforms, further solidifying its position as a key player in the digital payments space. As a part of this partnership, LTIMindtree will leverage its technical
US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow
The Indian equity markets have been on a downtrend since they entered 2025. The brokerage house Kotak Institutional Equities has given a ‘Sell’ call on three stocks at this hour. Kotak Institutional Equities on IndusInd Bank: Cuts target price by 40% India’s fifth biggest lender is in deep soup. The negative news is blowing apart
With Bharti Airtel and Reliance Jio forming strategic partnerships with Starlink, the Telecom Regulatory Authority of India (Trai) is now expected to expedite its recommendations on satellite spectrum pricing. Sources said that the regulator will likely recommend that satellite companies initially focus on providing services in mobile dark areas — regions where terrestrial networks are
PSU (Public Sector Undertaking) stocks are shares of government-owned companies operating in key sectors like banking, oil & gas, power, infrastructure, and defense, contributing significantly to economic development. A high dividend yield indicates a stock offering substantial dividend payouts relative to its price. PSU stocks are known for their stability, strong government backing, and attractive
JSW Energy on Thursday said that it has signed a power purchase agreement with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW super/ultra super critical thermal power plant. Additionally, for Utkal thermal power plant (700 MW), the company has received commercial operation date (CoD) certificate for Unit 2. ALSO READPower ministry
