Adani’s $1.2 B Copper Smelter Faces Challenges Amid Ore Shortage

By BPN News Desk November 25, 2025

Business

Adani Enterprises Ltd’s $1.2 billion smelter in Gujarat, India, is struggling to ramp up full operations due to a shortage of copper concentrates caused by tight global supplies. The facility, formally known as Kutch Copper Ltd, has a stated annual capacity of 500,000 metric tons and aims to

Business

Amazon to Invest Up to $50B in AI Infrastructure for U.S. Government

By BPN News Desk November 25, 2025

Amazon announced a plan to invest up to US$50 billion to expand artificial-intelligence (AI) and high-performance computing infrastructure for U.S. government customers via its cloud computing arm, Amazon Web Services (AWS). The project is scheduled to begin in 2026 and will add nearly 1.3 gigawatts of compute capacity across AWS’s “Top Secret”, “Secret” and “GovCloud”

Business Finance

RBI Signals Room For Further Rate Cuts

By BPN News Desk November 25, 2025

The Reserve Bank of India has indicated there is space for further policy rate cuts after retail inflation dropped to a record low of 0.25 percent in October. RBI Governor Sanjay Malhotra said the sharp fall in inflation strengthens the case for easing, though any move will depend on the Monetary Policy Committee’s assessment. Growth […]

Business

TCS Hit With $194 Million Order In U.S. Trade-Secrets Case

By BPN News Desk November 24, 2025

Tata Consultancy Services (TCS) has suffered a significant legal setback in the United States after the Fifth Circuit Court of Appeals upheld a damages award of approximately US $194 million in a trade-secrets dispute with DXC Technology. The case was originally brought by Computer Sciences Corporation (CSC), now part of DXC, alleging misuse of its […]

Business

US Court Orders Byju Raveendran to Pay Over $1 Billion

By BPN News Desk November 22, 2025

A U.S. bankruptcy court in Delaware has issued a default judgment against Byju Raveendran, founder of Byju’s, mandating he pay more than US $1.07 billion after failing to comply with court-ordered discovery in a case tied to missing loan funds. The judgment stems from a 2021 term loan of roughly US $1.2 billion taken out […]

Business Trade

India’s Exports To China Rise For Seven Straight Months

By BPN News Desk November 22, 2025

India’s exports to China continued to rise for seven consecutive months in FY26, supported by increased shipments of petroleum products, telecom instruments and marine goods. Official trade data shows that exports to China touched USD 10.03 billion during April to October 2025, marking a strong 24.7 percent year-on-year increase. October Sees Sharp Jump In October […]

Business

Reliance Group Distances Itself From RCom Asset Attachments

By BPN News Desk November 21, 2025

The Reliance Group led by Anil Ambani has issued a statement distancing itself from the assets recently attached by the Enforcement Directorate. The group said the properties involved belong to Reliance Communications (RCom), a company that was separated from the group years ago and is currently under insolvency proceedings. ED Action And Asset Details The […]

Business

RIL Stops Russian Crude Imports For Export Refinery

By BPN News Desk November 21, 2025

Reliance Industries Ltd (RIL) has stopped importing Russian crude oil for its export-oriented refinery at the Jamnagar SEZ in Gujarat. The company confirmed that from November 20, 2025, no Russian-origin crude will be processed at the unit, and from December 1, all export products will be made only from non-Russian crude to comply with European […]

Business

ED Attaches ₹1,452 Crore Assets Linked to Anil Ambani

By BPN News Desk November 20, 2025

The Enforcement Directorate (ED) has attached properties valued at ₹1,452 crore linked to industrialist Anil Ambani in a loan-fraud and money-laundering probe. These properties span key locations including Navi Mumbai, Chennai, Pune and Bhubaneswar. With this action, the total value of assets attached in connection with the group now exceeds ₹9,000 crore. Background of the

Business

L&T Wins Contract for New Army All-Terrain Vehicle

By BPN News Desk November 20, 2025

Larsen & Toubro (L&T) has secured a significant contract to manufacture the Indian Army’s new specialised all-terrain armoured vehicle, the BvS10 Sindhu. The project will be executed at L&T’s Hazira facility in Gujarat, with BAE Systems providing technology support as the original developer of the platform. The deal was confirmed through a regulatory filing on