BUSINESS

Ending a long delay, the GE Aerospace on Wednesday announced delivery of the first of 99 F404-IN20 engines to Hindustan Aeronautics Ltd (HAL) to power the Tejas Light Combat Aircraft (LCA) Mk-1A fighter jet. However, the engine, handed over at...

India’s retail sector is projected to surpass $600 billion by 2030, driven by supply and distribution transformation, according to a report by Redseer.Despite this rapid growth, the supply landscape remains highly fragmented and is expected to remain so in the...

Stock markets snapped the seven-day winning run on Wednesday with benchmark Sensex tanking 728 points due to profit-taking in banking and IT shares ahead of monthly expiry of derivatives contracts. The 30-share BSE Sensex declined by 728.69 points or 0.93...

Bharti Airtel (Airtel) and its subsidiary Bharti Hexacom have prepaid additional ₹5,985 crore to the Department of Telecommunications (DoT) thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions.Airtel’s subsidiary Network i2i has also...

India's top carmaker Maruti Suzuki will invest ₹7,410 crores (nearly $864 million) to set up a third manufacturing plant in the northern state of Haryana, it said on Wednesday.The new plant will take the capacity in the region to 750,000...

While countries that are part of the global Financial Action Task Force (FATF) network continue to make their financial systems safe and secure against money laundering and terrorist financing, the policy makers need to be mindful that their measures are...

Nagarjuna Fertilizers and Chemicals Limited has said that Amlika Mercantile Private Limited (AMPL), promoters of the company, has sold 25 lakh shares, amounting to 0.418 per cent of the paid up capital of the company on March 21.“The shareholding of...

Nifty Bank opened today’s session with a gap-up at 51,640 versus yesterday’s close of 51,608. It inched higher after opening and is now at 51,750, up 0.25 per cent so far today.The advance/decline ratio is 8/3. The gainers today are...

US President Donald Trump on Tuesday (local time) signed an executive order overhauling the US federal elections to "enforce basic and necessary election protections" employed by modern, developed, and developing nations.Citing examples of India and some other nations, the US...