Business

New Delhi: Adani Ports and Special Economic Zone (APSEZ) Tuesday said Switzerland-based MSC, the world's largest shipping transport and logistics conglomerate, will acquire 49 per cent stake in its Vizhinjam port in Kerala for about USD 1.4 billion. Mediterranean Shipping Company (MSC) will make the...

Mumbai: Almost a week after announcing his decision to step down as chairman of Trent, Noel Tata Tuesday said he will also relinquish the chairmanship of Tata Group company Voltas. Addressing shareholders at the cooling products maker's 72nd annual general meeting (AGM) in Mumbai, the...

Mumbai: Benchmark stock indices Sensex and Nifty declined on Tuesday due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of US-Iran negotiations in Doha. The 30-share BSE Sensex declined 249.70 points, or 0.33 per cent, to...

Mumbai: Domestic financial system remains resilient, underpinned by strong bank and non-bank balance sheets, said the Reserve Bank's Financial Stability Report (FSR) released Tuesday. Scheduled Commercial Banks (SCBs) remain safe and sound, supported by strong capital and liquidity buffers, continued improvement in asset quality, and...

New Delhi: WhatsApp, the instant messaging service owned by Meta, is set to unveil a new feature aimed at enhancing users’ convenience and addressing their privacy concerns. The one-of-a-kind feature will delink the messaging service from users’ mobile numbers, allowing them to converse and interact...

New Delhi: Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO), comprising entirely a fresh issue of shares. The company has not included any offer-for-sale (OFS)...

New Delhi: Meta-owned WhatsApp has announced the start of global reservations of usernames, a major privacy feature designed to protect the privacy of users’ phone number. Usernames reservations will begin rolling out on Monday, allowing people to create and reserve a username before the feature...

Washington: The US-India Strategic Partnership Forum (USISPF) said negotiations for a bilateral trade agreement between India and the United States have gathered significant momentum, as senior business leaders held a closed-door roundtable with United States Trade Representative Ambassador Jamieson Greer during the organisation's IX Annual...

Mumbai: India's external debt stood at $762.8 billion at end-March 2026, an increase of $26.3 billion over its level at end-March 2025, according to data released by the Reserve Bank of India (RBI) Monday. The external debt to GDP ratio increased to 20.8 per cent...

New Delhi: All electric cars with an ex-showroom price of Rs 30 lakh or less registered in the national capital will be granted 100 per cent exemption on road tax and registration fees, as the Delhi government approved a new EV policy Monday. Under the...