Business
Tata Sons Chairman N Chandrasekaran has announced that he will not seek reappointment after his current term ends on February 20, 2027, setting the stage for a major leadership transition at India’s largest business conglomerate. He will continue serving as chairman until the completion of his present tenure. N Chandrasekaran to Leave Tata Sons Chandrasekaran […]
Business
A US federal judge has dismissed criminal charges against Adani Group chairman Gautam Adani, ending a high-profile fraud and bribery prosecution launched in 2024. The dismissal followed a request from the US Justice Department, which decided it would no longer pursue the case. US Court Dismisses Gautam Adani Charges US District Judge Nicholas Garaufis approved […]
Business Markets
BSE Ltd will enter India’s benchmark Nifty 50 index, replacing IT major Wipro in the latest semi-annual index reshuffle. The change will take effect from September 30, giving BSE a place among the country’s 50 leading listed companies tracked by the benchmark. BSE to Enter Nifty 50 Index BSE qualified for inclusion after meeting the […]
Business
Meta has been told that its Facebook and Instagram platforms must comply with Indian law rather than relying solely on global company policies, as the Centre intensifies discussions with the technology giant over content moderation, deepfakes, child sexual abuse material and recommendation algorithms. Meta Told to Follow Indian Law Government officials clarified that the
Business
Maharashtra is considering new rules that could require food delivery, quick-commerce and ecommerce platforms such as Swiggy, Zomato, Zepto and Meesho to use electric two-wheelers for shorter trips and contribute towards a welfare fund for gig workers. Maharashtra Plans EV Mandate for Delivery Apps The state government is examining amendments to the Maharashtra Bike-Taxi
Business
Larsen & Toubro has secured an ultra-mega offshore hydrocarbon order from ADNOC Offshore, strengthening the Indian engineering major’s presence in the Middle East energy sector. Based on L&T’s project classification, the contract is valued at more than ₹15,000 crore. L&T Wins ADNOC Offshore Order The contract has been awarded to L&T Energy Hydrocarbon
Business Finance
The Reserve Bank of India is widely expected to keep the repo rate unchanged at 5.25% in its August monetary policy review as policymakers assess rising inflation risks, global uncertainty and recent pressure on the rupee. RBI Repo Rate Likely Unchanged The Monetary Policy Committee is expected to continue its neutral policy stance after keeping […]