Business

Stock market today: Nifty50 near 25,000; BSE Sensex drops over 170 points in opening trade

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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, dropped in opening trade on Tuesday. While Nifty50 was near 25,000, BSE Sensex was ...

PVR INOX to sell snacks business to Marico

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PVR INOX is divesting its premium snacking business, 4700BC, to FMCG major Marico for Rs 226.8 crore in an all-cash deal. This strategic move aims ...

Axis Bank net profit up 3% in Oct-Dec on strong loan growth

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Axis Bank reported a 3% year-on-year net profit increase to Rs 6,490 crore in the December quarter, driven by robust loan growth and higher fee ...

How to make ESOPs more valuable for startup staff

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India’s startup ecosystem faces challenges with ESOP taxation, creating liquidity issues for employees. While a 2020 tax deferral aimed to help, it’s limited to a ...

AI sends tech to top of pay charts: Report

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Technology reigns supreme as the top paymaster in 2026, with AI and digitisation driving demand for tech roles. Software development, product management, and data engineering ...

‘Dollar assets gain favour among India’s wealthy as Rupee depreciates’

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Wealthy Indians are increasingly diversifying into dollar-denominated assets, with GIFT City emerging as a preferred route to hedge against rupee depreciation. While equities remain popular, ...

Weight of mfg & electricity set to rise in new IIP series, mining to fall

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The Index of Industrial Production (IIP) is set for a significant overhaul with a new base year of 2022-23 and a shift to a chain-based ...

In a first, gold breaches $5k/Oz, silver $110/Oz

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Gold surged past $5,000 an ounce for the first time, driven by geopolitical uncertainty and a flight from traditional assets. Dollar weakness and concerns over ...

After tax return data leak, US Treasury terminates consulting firm Booz Allen Hamilton contracts

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The US Treasury Department has terminated 31 contracts with Booz Allen Hamilton, totaling $21 million in obligations. This action follows the conviction of a former ...