Infosys Launches ₹18,000 Crore Buyback Offer

By BPN News Desk November 19, 2025

Business

Infosys has announced its largest-ever share buyback valued at ₹18,000 crore. The company will repurchase up to 10 crore fully paid-up equity shares (each of face value ₹5) at a fixed price of ₹1,800 per share, representing about 2.41 % of its paid-up equity capital. The buyback opens on 20

Business

Adani Enterprises Reaches Creditor Approval for Jaiprakash Takeover

By BPN News Desk November 19, 2025

Adani Enterprises (AEL) has secured approval from the committee of creditors (CoC) for its ₹13,500 crore ($1.53 billion) takeover proposal of Jaiprakash Associates (JAL) through the ongoing insolvency resolution process. Creditors favoured Adani’s bid over higher offers—such as from Vedanta Ltd—because it includes larger upfront payments and a shorter payment horizon of

Business

Supreme Court Seeks Replies on RCOM Group Probe

By BPN News Desk November 19, 2025

The Supreme Court of India issued notices to the Union government, the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) and businessman Anil Ambani in response to a public interest litigation (PIL) that seeks a court-monitored investigation into alleged banking fraud involving Reliance Communications (RCOM) and its group companies. The bench, led by

Business Markets

Sensex Poised for Bullish 2026: Morgan Stanley Outlook

By BPN News Desk November 19, 2025

Global brokerage Morgan Stanley has forecast a bullish trajectory for India’s benchmark BSE Sensex, projecting that the index could reach 107000 points by December 2026 under its bull-case scenario. The firm assigns this scenario a probability of around 30%. The projection is based on assumptions of oil prices staying below US 65 per barrel, a […]

Business Industry

Govt Clears 17 Projects To Boost Electronic Goods Production

By BPN News Desk November 18, 2025

The Ministry of Electronics and Information Technology (MeitY) on 18 November 2025 approved 17 new projects under the Electronics Component Manufacturing Scheme (ECMS). The investments total approximately ₹7,172 crore and will set up manufacturing units for electronic components across nine states and union territories: Karnataka (5), Tamil Nadu (3), Maharashtra (3), Jammu

Business

Jeff Bezos Returns As CEO Of AI Startup

By BPN News Desk November 18, 2025

Amazon founder Jeff Bezos has returned to an active executive position by becoming co-CEO of an artificial intelligence startup named Project Prometheus. This marks his first formal leadership role since stepping down as Amazon CEO in 2021. The move signals a renewed focus on cutting-edge technology and strategic innovation. Startup Goals And Funding Project Prometheus

Business Trade

India’s Trade Deficit Hits Record $41.68 B in October

By BPN News Desk November 17, 2025

India’s merchandise trade deficit widened to an all-time monthly high of USD 41.68 billion in October 2025, up from USD 32.15 billion in September. The figure far exceeded market expectations of around USD 29 billion. Drivers Behind the Widening Gap Despite weak global demand, India’s merchandise exports declined by roughly 11.8% year-on-year to USD 34.38 […]

Markets

Asia-Pacific Markets Slide Following Weak U.S. Session

By BPN News Desk November 17, 2025

Across Asia-Pacific stock markets on Monday, most benchmarks declined as investor sentiment stayed cautious after a volatile session on Wall Street. In Japan, the Nikkei 225 fell by about 0.3% after official data revealed a 1.8% annualised contraction in the country’s July-September GDP. The Hang Seng Index in Hong Kong also dipped by roughly 0.8%, […]

Business

Manipal Group Seeks Role In Byju’s Parent Insolvency

By BPN News Desk November 14, 2025

The Manipal Education and Medical Group India (MEMG) has submitted an expression of interest (EoI) to participate in the corporate insolvency resolution process (CIRP) of Think & Learn Pvt Ltd, the parent company of Byju’s. The submission marks MEMG’s intention to be listed among prospective resolution applicants (PRAs) and underscores its ambition to engage in

Business

Amazon Cuts 14,000 Corporate Jobs, 700 in NYC

By BPN News Desk November 14, 2025

Amazon is reducing approximately 14,000 corporate positions globally, with nearly 700 jobs cut in New York City alone, as part of a wide-ranging overhaul of its workforce. The company states the changes focus on streamlining operations and realigning roles rather than solely cost-cutting. The NYC reductions affect executive and corporate offices, not warehouse or delivery