markets
Business Markets

Indian Shares Muted Amid US-Iran Tensions

By BPN News Desk
Indian equity benchmarks were largely flat on Thursday after recovering from early losses, as investors remained cautious over renewed US-Iran tensions, higher crude oil prices and the upcoming Reserve Bank of India policy decision. Indian Stock Market Recovers From Early Losses The Nifty 50 edged up 0.1 percent to 23,425.6, while the BSE Sensex gained […]
GST
Finance

India May GST Revenue Rises To Rs 1.94 Lakh Crore

By BPN News Desk
India’s gross Goods and Services Tax revenue rose 3.2 percent year-on-year to Rs 1,94,184 crore in May 2026, according to official data released on June 1. The figure, however, was lower than April’s record collection, showing a moderation after a strong start to the financial year. May GST Revenue Rises 3.2 Percent The May GST […]
Wipro
Business

Wipro Shares Jump Ahead Of Buyback Record Date

By BPN News Desk
Wipro shares rose nearly 5% as investors tracked the company’s upcoming ₹15,000 crore share buyback, with the record date set for June 5, 2026. Wipro Share Buyback Record Date Wipro has fixed June 5, 2026 as the record date for its ₹15,000 crore share buyback. Shareholders holding Wipro shares as of the record date will […]
rupee
Business Finance

RBI Plans Polymer Rupee Notes Pilot

By BPN News Desk
The Reserve Bank of India is set to revive plans for polymer rupee notes as currency demand rises, with a pilot project expected to test plastic banknotes for public circulation. RBI Polymer Rupee Notes Plan The RBI is considering polymer-based banknotes because they are expected to last longer than paper notes and reduce replacement costs […]
Swiggy
Business

Swiggy CEO Rules Out Spending War

By BPN News Desk
Swiggy CEO Sriharsha Majety has said the company will avoid joining a costly spending battle in India’s quick-commerce market, choosing instead to focus on profitability, customer loyalty and long-term business discipline. Swiggy Focuses On Profitability Majety said Swiggy does not plan to match rivals incentive-for-incentive as major players such as Flipkart, Amazon and
Byjus
Business

Byju Raveendran Gets Six-Month Jail Term

By BPN News Desk
Byju’s founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court, marking another major setback for the embattled edtech company once seen as one of India’s most valuable startups. Byju Raveendran Contempt Case The Singapore court reportedly held Raveendran in contempt for failing to comply with […]
HDFC
Business Finance

HDFC Bank Shares Fall On Deposit Payment Report

By BPN News Desk
HDFC Bank shares fell on Wednesday after a report alleged that the lender made payments to a Maharashtra government department to attract large deposits. The bank rejected assumptions of wrongdoing and said it follows established internal review and control processes. HDFC Bank Shares Decline Shares of HDFC Bank fell as much as 2.5% during trade […]
tata
Business

Tata Sons Plans Three-Year Loss Reduction

By BPN News Desk
Tata Sons Chairman N Chandrasekaran has presented a three-year plan to reduce losses in the group’s newer businesses, including aviation, digital, electronics and battery ventures. The roadmap comes as the conglomerate reviews capital allocation, profitability timelines and future investment priorities. Tata Sons Three-Year Turnaround Plan Chandrasekaran’s plan is aimed at
Sam Altman openAI
Business

Sam Altman Says AI Job Fears Were Overstated

By BPN News Desk
OpenAI CEO Sam Altman has said he was wrong about the speed at which artificial intelligence would eliminate jobs, especially entry-level white-collar roles. His comments come amid continuing global debate over AI, automation and the future of employment. Sam Altman On AI Layoffs Altman said he had expected artificial intelligence to have a bigger impact […]
Adani
Business

Adani Green Shares Rise After Storage Milestone

By BPN News Desk
Adani Green Energy shares rose nearly 2% on Tuesday after the company commissioned a 3.37 GWh battery energy storage system at Khavda in Gujarat. The company said the project is the world’s largest single-location battery storage system outside China. Adani Green Commissions Khavda BESS Project Adani Green Energy said it has commissioned a cumulative 3.37 […]