April 25, 2026
Headlines
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SoftBank’s Sumer Juneja Exits Lenskart Board; IndWealth’s Ashish Kashyap and PaySense’s Prashanth Karanjkar Join Ahead of Mega IPO Plans

Business News Desk15 mins mins

In a strategic reshuffle that underscores its readiness for a much-anticipated IPO, India’s leading omnichannel eyewear brand Lenskart has announced significant changes to its board of directors. SoftBank India head Sumer Juneja has stepped down from the board, making way for two seasoned entrepreneurs — Ashish Kashyap, founder of IndWealth, and Prashanth Karanjkar, co-founder of…

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Amber Enterprises Shares Rise 2% as It Acquires Israel’s Unitronics for ₹404 Crore, Marking Global Expansion Drive

Business News Desk15 mins mins

In a significant move to expand its global footprint and deepen its presence in the automation and intelligent building solutions sector, Amber Enterprises India Ltd announced the acquisition of Israel-based Unitronics for ₹404 crore (approximately $48.3 million). The announcement sent Amber Enterprises’ shares up by 2% in early trade on the Bombay Stock Exchange, reflecting…

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Samsung Electronics Signs Secretive $16.5 Billion Chip-Supply Deal, Shares Climb to Four-Week High

Business News Desk05 mins mins

In a move that has electrified global semiconductor markets, Samsung Electronics has reportedly signed a highly confidential chip-supply agreement worth $16.5 billion. The undisclosed deal — believed to be one of the largest in recent history — triggered a significant rally in Samsung shares, pushing the stock to its highest level in over four weeks….

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Laurus Labs Shares Surge 7% Following Robust Q1 Results and 500+ Acre Allotment from Andhra Pradesh Government

Business News Desk05 mins mins

Laurus Labs Ltd witnessed a sharp 7% rise in its share price on the stock exchanges after the pharmaceutical major posted strong Q1 FY26 earnings and confirmed that the Andhra Pradesh government has allotted over 500 acres of land to the company for expansion. This twin announcement has invigorated investor sentiment and positioned the Hyderabad-based…

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Flipkart’s VP Smrithi Ravichandran Set to Join PE Firm Multiples, Signaling Strategic Shift Toward Investment Ecosystem

Business News Desk05 mins mins

In a significant career move that underscores the growing intersections between technology, retail, and finance, Flipkart’s Vice President Smrithi Ravichandran is reportedly set to join the prominent private equity firm Multiples. This development marks a pivotal transition for one of India’s most accomplished e-commerce leaders and reflects the broader talent migration from tech-driven consumer companies…

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India Should Take a Cue from Vietnam, Japan and Insist on Written Statement Before Announcing US Trade Deal: GTRI

Business News Desk05 mins mins

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…

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NSDL IPO GMP Surges Ahead of Issue Launch on July 30; Check Price Band, Issue Size, Other Key Details

Business News Desk05 mins mins

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…

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CarTrade Tech Q1 FY26 Consolidated Net Profit Rises to ₹47.06 Crore

Business News Desk05 mins mins

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…

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AGR dues demand: DoT issues Rs 7,827 crore notice to Tata Communications, firm says licences not covered under SC order

Business News Desk126 mins mins

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…

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County Group sells 500 luxury flats in Ghaziabad project for Rs 1,600 cr

Business News Desk25 mins mins

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…

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