Industry

Bajaj Auto on Friday announced that its board of directors have approved to invest funds up to Euro 150 million (equivalent to Rs 1,364 crore) in Bajaj Auto International Holdings BV, Netherlands, a wholly owned subsidiary of the company. In a regulatory filing, the company said, “We hereby inform that the Board of Directors at

The industry is waiting for an action from the government to check steel imports, which are affecting the domestic players, Tata Steel CEO T V Narendran said on Friday. He also warned future investments in the steel sector getting impacted due to present situation of surging imports. The steel industry has been one of the

Indian government is considering injecting cash into heavily indebted government-owned power distribution utilities, according to a document from the Ministry of Power reviewed by Reuters, to ensure the stability of the sector amid surging power demand. In the document circulated this week, the ministry mentioned the formation of a group of ministers to identify states

A considerable drop in Adani stocks since the start of 2025 has led to a cut of $11.9 billion in total net worth of Gautam Adani to $66.8 billion. According to the Bloomberg Billionaires Index, so far this year, Gautam Adani’s net worth declined the maximum, after Tesla Founder Elon Musk who saw his net

Amazon has surpassed Walmart in terms of quarterly revenue for the first time ever, a CNBC report said. According to the report, Walmart said that it earned $180.5 billion during the quarter, while Amazon had earlier this month said that it earned $187.8 billion in the same period. This has been the first quarter since

Fast-moving consumer goods (FMCG) companies have lost nearly 9% of their market value or Rs 2.11 lakh crore in 13 trading sessions on the Nifty FMCG Index as the Budget rally fades. This is the longest losing streak on record for these stocks, even as the Nifty FMCG Index jumped 3% on February 1, after

The ongoing fundraising efforts of the 160-year-old Shapoorji Pallonji (SP) Group may allow it to tide over the immediate debt crisis, but experts said it’s time that the group focuses on a long-term solution. “Refinancing will just change the goal post but it doesn’t really solve the problem unless they do some big-ticket land sales

Investment by central government agencies and central public sector enterprises (CPSEs) rose 11.5% year-on-year to Rs 6.79 lakh crore in the first 10 months of the current financial year, reflecting a reversal of the trend of spending decline in most part of the year. The capex rise was aided by a spurt in spending by