In a significant advisory amid ongoing global trade negotiations, the Global Trade Research Initiative (GTRI) has urged India to exercise greater caution while dealing with potential trade agreements with the United States. According to the think tank, India must take a strategic cue from countries like Vietnam and Japan, which seek explicit written assurances from…
In what is shaping up to be one of the most anticipated initial public offerings of 2025, National Securities Depository Limited (NSDL) is set to open its IPO on July 30, and grey market premium (GMP) trends indicate heightened investor enthusiasm. As India’s largest depository by active demat accounts, NSDL’s IPO launch comes at a…
CarTrade Tech, India’s prominent online auto classifieds and mobility services platform, has announced its consolidated financial results for the first quarter of fiscal year 2025-26 (Q1 FY26), revealing a notable surge in net profit and a stable operational performance driven by strong digital adoption, increased vehicle transactions, and a diversified revenue model. The company posted…
In a significant development in the long-running Adjusted Gross Revenue (AGR) case, the Department of Telecommunications (DoT) has issued a fresh demand notice of ₹7,827 crore to Tata Communications, seeking payment of dues under the expanded definition of AGR as upheld by the Supreme Court in 2019. The demand has sparked a fresh legal and…
In a remarkable feat for the Indian real estate sector, County Group has successfully sold 500 luxury flats in its Ghaziabad residential project, raking in a staggering ₹1,600 crore. The announcement has sent ripples across NCR’s property market, highlighting a renewed demand for premium housing in Tier-I suburban cities like Ghaziabad. The sale, seen as…
In a significant advancement in the practical application of artificial intelligence, Perplexity AI has launched a new capability within its cutting-edge AI agent, Comet, allowing users to order food through conversational prompts. CEO Aravind Srinivas unveiled the development in an exclusive statement, asserting that the move will redefine how people interact with commerce platforms using…
In a bold strategic shift signaling a new era for one of the world’s largest semiconductor companies, Intel Corporation has announced the separation of its networking unit as part of a broader overhaul led by its newly appointed Chief Executive Officer, Frank Tan. The move comes amid intensifying global competition in chipmaking and growing investor…
India’s economic engine is expected to continue powering ahead in FY26, with Swiss financial services major UBS projecting a real GDP growth rate of 6.0% to 6.5%, driven primarily by robust domestic demand, ongoing infrastructure push, and a resilient services sector. Despite global headwinds, India’s economic fundamentals remain solid, making it one of the most…
In a significant development that signals a robust shift towards deep-tech manufacturing in India, Thiruvananthapuram-based semiconductor startup Netrasemi has successfully raised ₹107 crore in funding from marquee investors including Zoho Corporation and Unicorn India Ventures. This funding round, among the largest for a fabless semiconductor startup from Kerala, positions Netrasemi at the forefront of India’s…
Bengaluru-based real estate developer Sobha Ltd has posted a stellar performance for the first quarter of FY25, registering a significant growth in its consolidated net profit and revenue. The company reported a net profit of ₹13.61 crore for the April–June quarter, more than double the ₹6.14 crore it earned in the same quarter last year….
