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Debashis Chatterjee retires, Venu Lambu named CEO & MD of LTIMindtree

Chatterjee, who led the firm through its merger and growth phase, will be succeeded by Venu Lambu, former CEO of Randstad Digital, effective 31 May 2025

Indian hospitality RevPAR up 16.3% in Q1 as sector adds 9,500 keys: JLL

JLL report shows strong investor interest with 79 hotel signings, tier 2 cities leading the growth, and Bengaluru topping RevPAR charts due to Aero India 2025

AM/NS India launches two new patented steel products under Optigal

AM/NS introduces Optigal Prime and Pinnacle with high corrosion resistance and eco-friendly features, aiming for 25% share in India's colour-coated steel market

Prostarm Info Systems IPO subscribed 97x; Scoda Tubes offer booked 8.11x

The initial public offering (IPO) of stainless-steel tubes and pipes manufacturer Scoda Tubes fetched 8.11 times subscription on the second day of bidding on Thursday

Operative KCCs dipped 2.7% in FY25; loans hit Rs 6 trillion, shows data

The number of operative KCCs declined by 2.7 per cent during the financial year 2024-25 (FY25) over the previous year

Motilal Oswal Foundation pledges ₹100 crore to Indian School of Business

The ₹100 crore contribution is ISB's largest ever philanthropic donation and will support the Motilal Oswal Executive Centre at its Hyderabad campus

SC admits Byju's promoters' pleas, next insolvency hearing on July 21

SC admits cases filed by Byju's promoters challenging NCLAT ruling on BCCI insolvency plea despite settlement; interim relief to be taken up in July

LIC eyes higher non-par product mix to boost margins post Q4 surge

Life Insurance Corporation sees strong profit growth in Q4FY25 and plans to increase focus on high-margin non-par products while expanding its agent base and channel mix

Jio Credit raises ₹1,030 crore through 3-year bonds at 7.08% cut-off

Jio Credit raises ₹1,030 crore via 3-year bonds at 7.08% cut-off yield, trims issue from ₹1,500 crore amid higher-than-expected rates; follows recent bond, CP issuances

Nifty reclaims 25k, Sensex ends above 82k on RBI dividend, monsoon

Markets gained for a second day as early monsoon, easing trade tensions and the RBI's record ₹2.69 trillion dividend supported bullish sentiment

Fund Pick: UTI Aggressive Hybrid Fund posts strong outperformance

V Srivatsa and Sunil Madhukar Patil have been managing this fund since November 2009 and February 2018, respectively

India beats Japan, now fourth-largest economy: NITI CEO Subrahmanyam

The size of India's economy was estimated higher at Rs 331 trillion for FY25 against the earlier estimate of Rs 324 trillion

Algo Rhythm: Rapid GenAI growth top data risk for Indian companies

The report was based on a survey of more than 3,000 IT and security professionals in 20 countries and 15 industries

Banks must offer KYC update to reactivate inactive accounts: RBI draft

RBI's draft proposes KYC updates at all bank branches and via video to ease activation of inoperative or unclaimed accounts and reduce dormant deposit numbers

50-bp cut in repo leads to in reduction of 10 bps in outstanding loans

Banks have reduced their repo-linked external benchmark-based lending rates by 50 bps, the same as the quantum of rate cuts so far

'Early tranche' of trade deal between India, US may be sealed soon

First phase might include a tariff reduction and focus on the priority non-tariff barriers faced by exporters

Outlook for India is one of cautious optimism, says the RBI report

The prospects of bumper rabi harvest and the outlook of an above normal monsoon would further strengthen rural consumption and is also likely to keep food inflation in check

CPP Investments' India portfolio hits $21.68 bn in net assets in 2025

CPP exits Delhivery, invests in NHIT, solar-wind assets, and packaging platform as its India exposure exceeds C$30 billion in net assets in 2025

India better placed than peers to weather US tariffs: Moody's Ratings

Moody's says India's robust internal growth, limited trade reliance and rising investments help buffer economic risks from US tariffs and global uncertainties

Belrise Industries raises Rs 645 crore from anchor investors ahead of IPO

BlackRock, Capital Group, HDFC MF, and others invest in Belrise ahead of its Rs 2,150 crore IPO, which opens Wednesday and aims to repay debt through fresh issue