American Depositary Receipts (ADRs) of Infosys rose around 2% in pre-market trading in the United States after the Indian IT major raised its revenue guidance for the 2025–26 financial year. Revised Guidance Boosts Sentiment Infosys updated its full-year outlook following its quarterly earnings
Major Indian quick-commerce companies, including Swiggy and Zepto, have stopped using the “10-minute delivery” claim in their branding and marketing after a government directive urging changes to how ultra-fast delivery is promoted. Government and Safety Concerns The Union Labour Ministry raised concerns that fixed delivery-time promises could put excessive pressure on gig
The United States has approved the sale of Nvidia’s advanced artificial intelligence chips to China under specific regulatory conditions, marking a calibrated easing of earlier export restrictions. Conditional Approval Framework The approval allows Nvidia to export select high-end AI chips after meeting compliance requirements set by US authorities. These include
The Adani Group has announced plans to invest ₹1.5 lakh crore in Gujarat’s Kutch region over the next five years, signalling a major expansion of its infrastructure and energy footprint in the state. The announcement was made during a regional business conference attended by industry and government representatives. Focus on Energy and Infrastructure The proposed […]
Mukesh Ambani, Chairman of Reliance Industries Ltd., announced on January 11, 2026 that his company will double its investment in Gujarat over the next five years. Speaking at the Vibrant Gujarat Regional Conference in Rajkot, he said Reliance had invested about ₹3.5 lakh crore in the state in the past five years and now plans […]
Foreign portfolio investors continued their selling spree in Indian equities in January, pulling out nearly ₹11,800 crore so far this month. The sustained outflows have added to market volatility during the early part of the year, even as domestic investors provided some support. Reasons Behind the Outflows Market participants attribute the continued selling to global […]
The Union Government has finalised the schedule for the presentation of the Union Budget for the upcoming financial year. The Union Budget will be presented in Parliament on Sunday, February 1, while the Economic Survey will be tabled on January 29, setting the stage for detailed discussions on the state of the economy. The Budget […]
Reliance Industries Ltd on Thursday said it would consider purchasing crude oil from Venezuela if sales to non-US buyers are formally allowed under prevailing international regulations. The company clarified that any such decision would be taken strictly within the framework of global sanctions and trade compliance. Awaiting Policy and Regulatory Clarity A spokesperson for
Reliance Industries Ltd has said it has not received any Russian crude oil in the last three weeks and does not expect any deliveries from Russia during January. The company issued a clarification after reports claimed that tankers carrying Russian crude were heading to its Jamnagar refinery in Gujarat. Statement on Crude Procurement Reliance said […]
Zomato’s founder and CEO Deepinder Goyal said the company sees around 5,000 delivery partners terminated each month, mainly due to fraud or misuse of the platform and performance-related issues. He described this figure as part of the normal turnover in a large gig workforce, rather than widespread arbitrary dismissals. Gig Work Is Highly Transient Goyal […]















