Business

India can be alternative to China for US cos: Greer

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US Trade Representative Jamieson Greer stated that the India-US deal will be significant for years to come, positioning India as a potential alternative to China ...

Govt to sell 5.3% in Bhel, eyes Rs 4,650cr

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The government is divesting approximately 5.3% of its stake in Bhel through an Offer for Sale (OFS), aiming to raise around Rs 4,650 crore. The ...

Carlyle to take control of Nido Home Finance

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Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are ...

TaMo, long-time partner Stellantis ink fresh MoU

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Tata Motors and Stellantis are exploring new manufacturing, engineering, and supply chain collaborations, building on their existing two-decade joint venture. This partnership aims to leverage ...

Health insurers get back in shape post Covid low

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India’s health insurance sector is experiencing its strongest performance post-pandemic, with the incurred claims ratio dropping to a five-year low of 86.9% in FY25. While ...

Tobacco Board urges Sitharaman to revisit tax hike in interest of farmers, workers

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The Tobacco Board has urged the Finance Minister to reconsider the significant excise duty hike on cigarettes, warning of severe repercussions. This increase, leading to ...

Hyderabad company Aarvee Engineering Consultants gets Sebi nod for IPO

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Aarvee Engineering Consultants has secured SEBI’s nod for its IPO, aiming to raise Rs 202.5 crore via fresh issue and Rs 67.5 lakh shares through ...

India to keep buying cheapest, best-quality crude, govt tells parliamentary panel

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India will prioritize competitive pricing and suitable quality for crude oil imports, while carefully navigating geopolitical landscapes and avoiding sanctioned sources. Discussions also centered on ...

Hisense opens first India manufacturing plant in Sri City

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Chinese giant Hisense has launched its first Indian manufacturing facility in Andhra Pradesh, a significant step in its ‘Make in India’ localization strategy. The over ...

India needs $14.23tn investment in power sector by 2070 to meet net-zero goal: Niti Aayog

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India needs a massive $14.23 trillion investment in its power sector by 2070 for a net-zero future, with renewables dominating generation. Electricity’s role in consumption ...