Global container shipping giant Maersk has announced a temporary pause on the vessel calls at Haifa Port in Israel. The development comes as tension between Israel and Iran continues. Though there is some easing of tension, Maersk’s pause of vessel calls at Haifa Port could be a potential worry for Adani Ports & SEZ Adani
Indian CEOs are increasingly placing their bets on Artificial Intelligence (AI) as a cornerstone of long-term business growth, despite mixed results so far. According to the IBM Institute for Business Value’s annual CEO study, Indian business leaders are more open than ever to investing in AI and digital opportunities but they also recognize the need
Information technology sector is going through an experiment with the development and usage of artificial intelligence. The Tata Consultancy Services and Infosys, the two biggest IT companies in India, a closely monitoring the trends in the AI landscape vis-a-vis the clients’ demands. The two IT majors share one common ground that the clients are moving
Spanish health insurance provider ASISA has joined hands with global technology company HCL Tech to accelerate its digital transformation and business expansion across the Iberian region. With this strategic partnership, ASISA aims to improve digital services and overall customer experience for its 2.2 million policyholders. HCL Tech will modernize ASISA’s IT platforms and use artificial
In a bid to safeguard rare earth supplies for domestic needs amid growing crisis as a result of the Chinese supply curbs, India has asked state-run miner IREL to suspend a 13-year-old agreement on rare earth exports to Japan. Given the global uncertainty, the focus has shifted on IREL in the Indian context. Let’s take
Adani Green Energy scored highly on the ESG ratings released by the National Stock Exchange this month — ranking first in the utilities/power sector. The company was also among the top five entities in the ratings assessed from the top 100 listed companies by revenue across the NSE. Data shared on the stock exchange website
Zepto has secured regulatory approval to restart operations at its Dharavi dark store in Mumbai after the Maharashtra Food and Drug Administration (FDA) revoked the suspension of its food business licence. The state regulator granted clearance following a reinspection by the Food Safety Commissioner and the submission of a compliance report by Zepto. The report
Capri Global Capital has raised about Rs 2000 crore through Qualified Institutions Placement. In an exchange filing, the company said that it has allotted 13,65,18,770 equity shares to Qualified Institutional Buyers. The company allotted the equity shares at an issue price of Rs 146.50 per equity share, including a premium of Rs 145.50 per equity
The central government is continuously working to simplify and streamline the tax system, aiming to reduce disputes. In this direction, Union Finance Minister Nirmala Sitharaman has reportedly given strict instructions to the Central Board of Direct Taxes (CBDT) to identify all departmental tax appeals involving amounts less than the “revised monetary limit announced by the
An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced
Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs
Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of
Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per
