Business News Desk

Nothing 2025 07 08T080949.112

Shipping Policy Revamp: Centre Charts Roadmap To Boost Domestically-Flagged Ships Amid Rs 1.3 Lakh Crore Fleet Demand

In a strategic push to strengthen India’s maritime security, reduce foreign exchange outgo, and boost local shipbuilding and shipping employment, the Central Government is working on a comprehensive policy revamp aimed at promoting domestically-flagged ships. Senior shipping ministry officials confirmed that demand for over 200 new vessels worth ₹1.3 lakh crore is projected over the…

Read More
Nothing 2025 07 08T080706.659

Ace Investor Mukul Agrawal Adds Jammu & Kashmir Bank To Portfolio In June Quarter, Buys 1.3% Stake

Ace investor Mukul Agrawal, known for his strategic bets in emerging banking and midcap stocks, has acquired a fresh stake in Jammu & Kashmir Bank (J&K Bank) during the June 2025 quarter, sparking strong market interest and renewed focus on the bank’s growth trajectory under ongoing structural reforms. Mukul Agrawal’s strategic purchase: Key details Exchange…

Read More
Nothing 2025 07 08T080506.220

Castrol India Appoints Mrinalini Srinivasan As Chief Financial Officer, Strengthens Leadership For Next Growth Phase

Castrol India, one of the country’s leading lubricant companies, has appointed Mrinalini Srinivasan as its new Chief Financial Officer (CFO) effective immediately. This strategic appointment comes as Castrol India looks to consolidate its market leadership while navigating evolving sectoral dynamics, electric mobility transitions, and digital transformation priorities. Who is Mrinalini Srinivasan? Mrinalini Srinivasan is a…

Read More
Nothing 2025 07 08T080347.629

Nirmala Sitharaman Highlights India’s Robust Economic Resilience At BRICS, Calls For Greater Global Cooperation

Finance Minister Nirmala Sitharaman has reiterated India’s strong economic fundamentals and its emerging role as a pillar of stability in an uncertain global economic landscape. Addressing the BRICS Finance Ministers’ meeting held alongside the Rio de Janeiro BRICS Summit 2025, Sitharaman outlined how India’s policy choices, domestic demand, and calibrated reforms are propelling growth despite…

Read More
Nothing 2025 07 08T080100.399

India Explores Norway’s Carbon Storage Expertise To Accelerate Its Energy Transition Goals

India is looking to leverage Norway’s advanced expertise in carbon capture and storage (CCS) technologies as part of its broader strategy to decarbonise the economy and achieve net-zero emissions by 2070. This strategic cooperation, which was discussed during recent high-level bilateral meetings, is expected to strengthen India’s industrial decarbonisation framework while creating new pathways for…

Read More
Nothing 2025 07 07T160411.933

Siemens Energy India Posts 36.34% Rise In Net Profit At ₹246.1 Crore, Driven By Power Transmission & Generation Income

Siemens Energy India reported a robust performance for the latest quarter, registering a 36.34% year-on-year rise in net profit to ₹246.1 crore, driven primarily by strong revenue growth from its power transmission and generation segments. The announcement, made after the Board meeting held recently, signals a strengthening of India’s energy infrastructure sector amid rising domestic…

Read More
Nothing 2025 07 07T160153.565

IIT Madras To Raise Rs 200 Crore For Its Maiden VC Fund, Targeting Deeptech Startups And Global Impact

In a landmark initiative aimed at strengthening India’s deeptech ecosystem, the Indian Institute of Technology Madras (IIT Madras) has announced plans to raise Rs 200 crore for its maiden venture capital (VC) fund, with a vision to nurture and scale up promising startups emerging from its rich research and innovation pipelines. The bold vision behind…

Read More
Nothing 2025 07 07T155859.011

‘We believe in shortcuts…’: VC Founder Slams India’s ‘Chalta Hai Mindset’, Calls Out Brutal Execution Gaps In Startups And Enterprises

In a hard-hitting commentary that has sparked intense discussion across India’s startup and corporate corridors, a leading venture capital founder has criticised what he describes as the nation’s deeply entrenched “chalta hai mindset” – an attitude of settling for mediocrity and shortcuts instead of striving for rigorous execution and excellence. The viral post that triggered…

Read More
Nothing 2025 07 07T155644.866

Deloitte Consultant Questions Kunal Shah Over Rs 5,200 Cr Startup Losses; CRED Chief Responds With Calm Clarity

India’s fintech unicorn CRED, founded by serial entrepreneur Kunal Shah, has found itself in the spotlight again after a Deloitte consultant publicly questioned its mounting losses, which touched Rs 5,200 crore (approx. $630 million) over recent fiscal years. The conversation, which went viral across LinkedIn and X (formerly Twitter), sparked a wider debate on startup…

Read More
Nothing 2025 07 07T155419.452

Capgemini To Buy IT Firm WNS For $3.3 Billion To Boost AI Capabilities

In a major strategic move poised to reshape the global IT and business process management (BPM) landscape, French technology consulting giant Capgemini has announced its plan to acquire Indian-origin BPM firm WNS Global Services for approximately $3.3 billion. This all-cash deal marks one of the largest acquisitions in the IT-BPM sector in recent years and…

Read More