Business

Cyient acquires 27% stake in US-based Azimuth AI to boost semiconductor capabilities

Business
HYDERABAD: Global engineering services player Cyient has acquired a 27.3% stake in US-based Azimuth AI, a fabless custom ASIC company that...

PCs, telecom parts largely push rise in Chinese imports

Business
NEW DELHI: The increase in imports from China may largely be attributable to influx of computers, telecom equipment and their components,...

Dragged down by Mumbai toll waiver, IDFC First Bank’s net profit drops 73%

Business
Mumbai: IDFC First Bank's second quarter net profit plunged over 73% to Rs 201 crore from over Rs 751 crore in...

PM Modi, Spanish counterpart to inaugurate Tata-Airbus Gujarat plant tomorrow

Business
NEW DELHI: The Tata-Airbus facility to manufacture C-295 tactical military airlift aircraft at Vadodara in Gujarat will be inaugurated by PM...

FM Sitharaman pitches for ‘fair’ sovereign credit ratings, IMF reforms

Business
NEW DELHI: Finance minister Nirmala Sitharaman has said there is a need for sovereign ratings to adequately account for emerging market...

CBDT extends ITR filing deadline for corporates till November 15

Business
The Central Board of Direct Taxes (CBDT) on Saturday announced an extension for the due date to file Income Tax Returns...

No fireworks from Sensex! Indian stock markets to see worst Diwali in 10 years? Here’s what analysts say

Business
As the market's focus shifts from momentum to quality and FII outflows persist, the trading strategy has changed from buying on dips...

Nadella’s FY24 pay rises 63% to $79 million

Business
Microsoft CEO Satya Nadella's FY24 compensation surged 63% to $79.1 million, according to a filing on Thursday, helped by his stock...

ILACC and VPVV Techno Construction signs $10 billion deal to propel India’s Viksit Bharat vision

Business
NEW DELHI: Charting the path towards accelerating India's goal of becoming a "Viksit Bharat" (Developed India) by 2047, the Indo Latin...

Major disruptions likely! Why your OTP for online purchases may not come from November

Business
COAI, which includes members such as Reliance Jio, Bharti Airtel, and Vodafone Idea, has approached Trai seeking relaxations. No OTP for online...

40% see exports declining this year: Survey

Business
NEW DELHI: A majority of exporters have identified high interest rates as a key stumbling block with three-fourths saying they borrow...

Cabinet approves two major railway projects, Rs 1,000 crore for space sector startups-Top developments

Business
The Union Cabinet, chaired by the Prime Minister Narendra Modi approved several projects across various sectors on Thursday in New Delhi.Union...
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