OYO, the IPO-bound unicorn, reported its first-ever net profit of Rs 229 crore in FY24, exceeding its earlier estimate. This follows eight consecutive quarters of positive Adjusted EBITDA.

OYO founder Ritesh Agarwal invests Rs 830 crore in the travel tech platform's latest funding round, increasing his stake to 32.57%. The investment will support OYO's growth and global expansion plans.

Indian government's decision to offer options on LTCG tax for property owners is expected to boost market sentiment, according to realty experts. The amendment allows taxpayers to choose between...

Eastman Exports, a leading knitwear manufacturer and exporter, has appointed Ritesh Kumar as its CEO. Kumar brings 25 years of experience in the garment industry.

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca Group Ventures, marking Roca's first investment in an Indian startup. The funding will be used to expand Boon's...

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Chevron to establish an Engineering and Innovation Centre of Excellence in Bengaluru, investing Rs 8,300 crore and creating 600 jobs by 2025.

India's government has significantly reduced drawback rates on gold and silver jewellery exports following a cut in import duties. Learn about the impact on the gems and jewellery industry.

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

The Central government has ordered an insurance firm to pay Rs 225 crore to 2 lakh farmers in Maharashtra's Parbhani district within a week for pending soyabean crop insurance claims.

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Brazilian Foreign Minister Mauro Vieira will visit India to strengthen bilateral ties and discuss the G20 summit in Rio de Janeiro. The visit will include the ninth India-Brazil joint commission...

India's Union Cabinet approves a 50% assured pension for government employees under NPS, making the scheme more attractive. The Unified Pension Scheme (UPS) will be applicable from April 1, 2025.

Funskool India, backed by MRF Group, has secured rights from Asmodee to distribute the popular board game CATAN in India. The game will be made in India and will be available for purchase at Rs 3,499.

Jeyyam Global Foods, a leading supplier of Bengal gram and fried gram, is launching an IPO on September 2 to raise Rs 80-82 crore for expansion plans.