Business Finance

IndusInd Bank Chairman To Step Down In January

By BPN News Desk December 10, 2025

IndusInd Bank has confirmed that its chairman, Sunil Mehta, will step down when his term ends in January 2026. The announcement comes during a broader organisational overhaul at the private lender after a difficult financial year. Overhaul Triggered By Losses Earlier in 2025, the bank posted its largest quarterly loss after a major hit from […]

Business

Google Eyes $15B AI Hub In Vizag After Lokesh Visit

By BPN News Desk December 10, 2025

Google is moving ahead with plans to set up a major AI-focused data centre in Visakhapatnam after a review meeting between Andhra Pradesh IT and Industries Minister Nara Lokesh and Google CEO Sundar Pichai in California. The meeting discussed timelines, infrastructure requirements, and the scale of the upcoming investment. Project Scale And Timelines The proposed […]

Business

Amazon Commits $35B To India By 2030

By BPN News Desk December 10, 2025

Amazon has announced a new investment commitment of $35 billion in India to be deployed by 2030. This is in addition to the investments already made by the company in the country over the past years. Focus On AI, Exports And Jobs The company said the new investment will support three priority areas: AI-driven digital […]

Trade

US Official Calls India’s Trade Proposal “Best Offer Ever”

By BPN News Desk December 10, 2025

A senior US trade official has said that India has presented the “best offers ever received” during recent discussions on bilateral trade. The official revealed that negotiators from both sides are close to finalising agreements on several issues that have remained unresolved for years. Old disputes back on the table The current round of talks […]

Business

Meesho Shares Jump 46% On Market Debut

By BPN News Desk December 10, 2025

Meesho made a strong entry to the stock market with its shares listing at ₹162.50 on the NSE, a premium of more than 46% over the issue price of ₹111. On the BSE, the stock opened at ₹161.20. The sharp debut gives early investors a sizeable gain from the first day of trading. Heavy demand […]

Business

Microsoft To Invest $17.5 Billion In India

By BPN News Desk December 10, 2025

Microsoft has announced that it will invest $17.5 billion in India over the next four years, describing it as the company’s largest commitment in Asia. The announcement was made during CEO Satya Nadella’s visit, where he met senior government officials to discuss technology cooperation. Focus on data centres and AI The investment will be used […]

Business

CBI Files Case Against Jai Anmol Ambani In ₹228 Crore Fraud

By BPN News Desk December 9, 2025

The Central Bureau of Investigation has registered a criminal case against Jai Anmol Ambani, son of industrialist Anil Ambani, over an alleged ₹228 crore banking fraud. The case also names Reliance Home Finance Ltd and a former company director. The complaint was filed by Union Bank of India, which reported financial losses linked to credit […]

Finance

Government Collects ₹512 Crore TDS On Crypto In FY25

By BPN News Desk December 9, 2025

The government collected ₹511.83 crore as TDS from cryptocurrency and other virtual digital asset transactions in FY25. This marks a sharp increase from the previous year, when around ₹363 crore was collected. Officials said the rise reflects more trading activity and better reporting by exchanges. Current tax rules for crypto Profits from crypto trading are […]

Business Finance

Rupee Rises 17 Paise, Closes At ₹89.88

By BPN News Desk December 9, 2025

The rupee gained 17 paise against the US dollar on Tuesday and ended the day at ₹89.88. The currency moved up from its previous close as the dollar weakened in global markets. Dealers said better liquidity and active dollar selling by some foreign banks supported the rise. Global cues and oil prices helped Market analysts […]

Business

IndiGo Shares Extend Fall As Crisis Deepens

By BPN News Desk December 9, 2025

IndiGo’s parent company, InterGlobe Aviation, continued to see its share price drop on Tuesday. The stock fell another 1.5%, marking the eighth straight session of losses. In a week, the company has lost nearly 17% of its value, wiping out around ₹40,000 crore in market capitalisation. Operational problems trigger sell-off The decline follows a major […]