Page 23 - Latest News

GSTAT eases appeal scrutiny norms in initial phase to help taxpayers

In a relief for taxpayers, the GST Appellate Tribunal has asked registries to take a lenient view on procedural defects in appeals during the initial six months

IndiGo Q3 weathers disruptions, FX hit; analysts upbeat on long-term growth

Brokerages, while trimming near-term estimates, remain broadly constructive on the airline's longer-term prospects, citing its scale advantage, balance-sheet strength and international expansion.

76% of recruiters expect new job creation in H1 2026: Naukri survey

The IT sector may remain an outlier, where 'Budget Constraints' is likely to be the primary hurdle for recruiters, though this has eased slightly this year

BPCL to double crude imports from Brazil's Petrobras in $780 mn deal

Domestic refiners are scouting for additional crude supplies from traditional sources while also exploring new geographies

World Bank approves $815 mn for Tata Power-backed Dorjilung hydro project

The World Bank has approved the $815 million long-term finance package for 1,125 megawatt Dorjilung Hydropower Project, in which Tata Power holds 40 per cent share

Syngene downgrades its revenue guidance by 5% on Librela inventory impact

Syngene trims FY26 revenue guidance by up to 5% as inventory correction for veterinary drug Librela hits profits, even as core research and CDMO business grows

FDI inflows to India surged 73% to $47 billion in 2025, says UNCTAD

FDI inflows to India jumped 73% to $47 billion in 2025, driven by strong investments in services, IT, R&D and manufacturing, according to UNCTAD

Cipla Q3 results: Net profit slumps 57% to ₹675 crore on US supply issues

Bets on respiratory product launches and peptides for growth

HCLTech acquires Singapore-based Finergic Solutions for $14.7 million

The acquisition aligns with HCLTech's strategic focus on strengthening its financial services expertise, particularly in core banking and wealth management, the company said

Swan Defence secures $227 mn deal for chemical tankers at Pipavav yard

Swan Defence and Heavy Industries has signed a $227 million contract to build six chemical tankers, marking the first large commercial chemical vessel order awarded to an Indian shipyard

Shriram Finance Q3FY26 results: Net profit dips 22% to ₹2,529.65 crore

Shriram Finance's Q3FY26 net profit fell 22% to ₹2,529.65 crore due to a high base last year, even as income, margins and AUM posted healthy growth

India, EU near FTA finish line, aim to close talks at January 27 summit

India and the European Union are in the final and most difficult phase of free trade agreement talks, with both sides aiming to announce the conclusion at the India-EU Summit in New Delhi on January 2

India's new quarterly GDP estimates to include GST, e-Vahan data

India's revamped quarterly GDP series will use GST, e-Vahan and gas consumption data, adopting IMF-recommended methods to improve accuracy and reduce volatility

Axis Bank puts Axis Finance stake sale on hold after RBI eases rules

Axis Bank has paused plans to sell a stake in its consumer lending arm, Axis Finance, after the RBI eased proposed curbs on overlapping bank and subsidiary businesses

India vs New Zealand live streaming: Where to watch 2nd T20I match today?

India and New Zealand are facing each other for the first time in Raipur in a T20I match today

PepsiCo India brings in Tata Tech's Savitha Balachandran as new CFO

PepsiCo India appoints Savitha Balachandran as CFO for India and South Asia, succeeding Kaushik Mitra, who will retire in April after 24 years with the company

Rafale, S-400, BrahMos to feature in Operation Sindoor Republic Day tableau

The Operation Sindoor-themed Republic Day tableau will showcase India's tri-service coordination, precision strike capability and indigenous defence strength

Godrej Consumer Q3FY26 profit falls marginally to ₹497 cr, revenue up 8%

Fast-moving consumer goods company Godrej Consumer Products Ltd on Friday reported a marginal decline in its consolidated net profit at Rs 497.91 crore in the third quarter ended December 2026

FDI inflows to India surged by 73 per cent to $47 billion in 2025: UN

The FDI inflows to India in 2025 surged by 73 per cent to 47 billion, mainly due to investments in services and manufacturing, and policies aimed at integrating the country into global supply chains

Pride Hotels secures Sebi's approval to raise ₹1,000 crore via IPO

The offer comprises a fresh issue of equity shares aggregating up to Rs 260 crore and an offer for sale of up to 3.92 crore equity shares with a face value of Rs 5 each