Page 2 - Latest News

Trai seeks FY27 spectrum auctions, urges DoT to reclaim airwaves under IBC

Trai has recommended FY27 spectrum auctions with lower reserve prices, a 35% spectrum cap, incentives for coverage deployment and retrieval of airwaves from firms under insolvency

Eris Life partners Natco Pharma to launch semaglutide generic in India

Eris Lifesciences partners with Natco Pharma to commercialise semaglutide in India in 2026, as rising demand and impending patent expiry fuel intense competition in metabolic and weight-loss therapies

Kotak AMC AUM tops ₹6 trillion; Gaudium IVF IPO booked 7x on last day

The initial public offering (IPO) of fertility services provider Gaudium IVF and Women Health received 7.27 times subscription on the final day of share sale on Tuesday

AI transition will be painful; IT industry to reinvent: HCLTech CEO

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation

Time has come for national debate on DBT in fertilisers, says Chouhan

Union Agriculture Minister Shivraj Singh Chouhan calls for a national debate on direct benefit transfer in fertilisers to curb diversion and ensure subsidies reach farmers

Balkrishna Ind enters consumer tyre market; eyes ₹23K cr topline by FY30

Balkrishna Industries earmarks Rs 3,500 crore to enter India's consumer tyre market, targeting a 2.2x rise in revenue by FY30 under its Vision 2030 strategy.

Homegrown players dominate FMCG market value in APAC region: Report

Home-grown FMCG brands now command 79% of APAC market value, signalling a structural shift toward purpose-led, globally competitive local players

Debt fundraising of Reits and Invits at record high, shows data

RBI proposes bank lending route as trusts raise record ₹37,742 crore in FY26

Nifty IT headed for worst monthly fall in 23 years on AI-led disruption

The Nifty IT index last closed at 30,054, its lowest level since August 3, 2023

At least 13 municipal bond issues in pipeline; two ₹1,000 cr plans ahead

Nashik to come up with maiden public issue of green bonds to raise ₹200 crore

Sensex, Nifty slide over 1% on AI-led disruption and tariff worries

Sensex and Nifty fell sharply on renewed AI-driven IT sell-offs, tariff uncertainty and rising crude prices, with the Nifty IT index down 21% this month - its worst run in 23 years

India set to launch its first comprehensive carbon-trading programme

India readies first compliance carbon market, with 490 units notified; steel and fertiliser yet to get targets as CBAM pressure mounts

US markets may start to question RoI from AI; India story still unfolding

AI capex boom may keep India markets under pressure as global funds shift to semiconductor-heavy markets like Taiwan and Korea, says Christopher Wood of Jefferies

Ather's entry in PLI could boost India's e2w exports: CEO Tarun Mehta

The PLI scheme for automobiles and auto components was approved by the Union Cabinet on September 15, 2021, with a total outlay of Rs 25,938 crore over five years

Private-funded highway construction model highest priority: Nitin Gadkari

Our budget is ₹3.2 trillion, and I already have an asset base of highways worth ₹12-15 trillion ready to be monetised, says minister

IDFC First Bank pays ₹583 cr to Haryana govt after detecting fraud

IDFC First Bank refunds Rs 583 crore to Haryana government after detecting a Rs 590-crore fraud, engages KPMG for a forensic audit and works with authorities on recovery

Banks step up CD borrowing as deposits lag credit growth: RBI data

Fortnightly issuance hits ₹1.34 trn; outstanding at record ₹6.62 trn

BS Manthan: Dixon evaluating Gwalior to set up telecom devices mfg unit

Dixon CMD Atul Lall says India is at an electronics manufacturing inflection point and must deepen value addition, create IP and expand global capacity as schemes drive rapid sectoral growth

DGCA announces tighter rules for non-scheduled aircraft operators

The meeting was held to "address a recent surge in aviation incidents and emphasised the critical need for an increased focus on safety across the sector", the regulator said in a statement

Average pay hike across sectors projected at 9.1 pc in 2026: Survey

Employees across sectors are expected to get a salary hike of 9.1 per cent on average in 2026, slightly higher than the increment of 8.9 per cent received last year, a survey said on Tuesday.