Business Industry

Foxconn Commits $2.2 Billion to India and U.S. Expansion

By BPN News Desk June 25, 2025

Foxconn, the Taiwanese electronics giant and Apple’s primary iPhone assembler, has received regulatory approval for a massive $2.2 billion global investment plan, further deepening its footprint in India and the United States. The move is a part of Foxconn’s ongoing effort to diversify manufacturing outside China amid rising geopolitical and economic pressures. Major Boost

Business Industry

LandT Tech Secures $50 Million Sustainability Deal with Energy Giant

By BPN News Desk June 25, 2025

L&T Technology Services (LTTS) has landed a major global contract worth over $50 million to serve as the exclusive engineering and digital transformation partner for the sustainability division of a prominent international energy company. The agreement spans five years, further strengthening a strategic relationship that has been evolving over the past decade. Deep

Business Finance

NPCI Net Profit Soars 42% to ₹1,552 Crore in FY25

By BPN News Desk June 25, 2025

The National Payments Corporation of India (NPCI) has recorded a sharp 42% increase in its net profit for the financial year 2024–25, clocking ₹1,552 crore. Alongside this, its total revenue surged to ₹3,270 crore, marking a 42% year-on-year rise. The numbers underline NPCI’s central role in India’s digital payments revolution and its growing stature globally. […]

Business Trade

India–UK Free Trade Agreement Set for Signing by Late July

By BPN News Desk June 25, 2025

India and the United Kingdom are on track to formalize their Free Trade Agreement (FTA) by late July, following successful conclusion of negotiations in early May. Both governments are now in the final phase of legal review, known as “scrubbing,” and senior officials are optimistic about completing the process ahead of schedule. Tariff Reductions and […]

Business Trade

India Eyes Canadian Critical Minerals as Trade Talks Resume

By BPN News Desk June 25, 2025

India has resumed trade negotiations with Canada, focusing sharply on securing access to critical minerals essential for its clean energy transition and high-tech manufacturing ambitions. This move comes as both nations seek to revive stalled diplomatic and economic ties, with India aiming to diversify its mineral supply chains and reduce its overwhelming dependence on

Business Industry

Adani Group to Invest $75–100 Billion Over Five Years

By BPN News Desk June 25, 2025

The Adani Group has announced plans to invest between $15–20 billion annually over the next five years, totaling as much as $100 billion, in what it calls a transformational move across its businesses. The commitment was unveiled by Chairman Gautam Adani during the group’s annual general meeting, where he laid out the company’s vision for […]

Business Industry

Adani Group to Invest $100 Billion in 5-Year Expansion Drive

By BPN News Desk June 24, 2025

The Adani Group has announced an ambitious capital expenditure plan of $15–20 billion annually over the next five years, translating to an overall investment of nearly $100 billion. The announcement, made by Chairman Gautam Adani during the company’s annual general meeting, underscores the group’s intention to double down on its infrastructure dominance and lead India’s

Business Industry International

India Boosts Oil Imports from Russia, US Amid Gulf Crisis

By BPN News Desk June 24, 2025

India is rapidly reshaping its oil import strategy by ramping up purchases from Russia, the United States, Africa, and Latin America, as tensions in the Middle East threaten the reliability of traditional Gulf-based supplies. The move comes as geopolitical risks escalate in the Strait of Hormuz, a vital maritime chokepoint that handles nearly half of […]

Business Industry

Tata Motors Confirms Magnet Stock Amid China Curbs

By BPN News Desk June 23, 2025

Tata Motors has confirmed that it is not currently facing any disruptions in the supply of rare-earth magnets, despite growing concerns over China’s tightened export regulations. During its 80th Annual General Meeting, Chairman Natarajan Chandrasekaran stated that the company is proactively managing the situation through strategic inventory planning and close

Business

ICICI Wanted to Acquire HDFC, Reveals Deepak Parekh

By BPN News Desk June 21, 2025

In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]