The NCLAT has ruled in favor of Mitsubishi Heavy Industries, allowing them to encash the performance guarantee provided by Punj Lloyd. The ruling overturns a previous NCLT order that had restrained...

Air conditioner manufacturers saw record profits in April-June due to blistering heat, with companies like Voltas, Blue Star, and Havells reporting significant revenue growth.

Havells India reported a 42% surge in consolidated net profit to Rs 407.51 crore in Q1 FY24, driven by robust sales growth amidst a scorching summer. Revenue from operations also increased...

Defense Secretary Lloyd Austin announced an additional $2.3 billion in military aid for Ukraine, including anti-tank weapons and air defense systems. The aid comes as Ukraine continues to battle...

A bipartisan commission to address the US's $34.6 trillion debt faces a dead end in Congress, with both parties unwilling to consider unpopular spending cuts or tax increases.

Vanguard Group, a US-based financial services company, has purchased shares in seven Indian companies, including Concord Biotech and Five-Star Business Finance, for a total of Rs 998 crore.

Samsung India urges striking employees to return to work at its Tamil Nadu factory, threatening termination if protests continue. The strike, which began on September 9, has affected factory...

Amazon India introduces Rufus, a new AI-powered conversational shopping assistant, for its upcoming festive sale. Rufus offers personalized recommendations and helps shoppers compare products.

Paramount Speciality Forgings' IPO was oversubscribed by 68.7 times on the final day, with strong interest from all investor categories. Learn more about the company, its products, and the IPO...

India's foreign exchange reserves surged to a new all-time high of $689.458 billion for the week ending September 13, according to the Reserve Bank of India.

Prime Minister Modi embarks on a 3-day US trip, attending the Quad summit, UN General Assembly, and meetings with American CEOs. He'll also hold a bilateral meeting with President Biden.

India calls for addressing concerns of domestic industries affected by the India-ASEAN FTA during review talks. Commerce Minister Piyush Goyal emphasizes need to rectify inequitable tariff...

Vanguard Group, a US-based financial services company, has purchased shares in seven Indian companies, including Concord Biotech and Five-Star Business Finance, for a total of Rs 998 crore.

Samsung India urges striking employees to return to work at its Tamil Nadu factory, threatening termination if protests continue. The strike, which began on September 9, has affected factory...

Amazon India introduces Rufus, a new AI-powered conversational shopping assistant, for its upcoming festive sale. Rufus offers personalized recommendations and helps shoppers compare products.