Business
TCS Pips Competitors to Take Over Best Buy's India Global Capability Center Operations
Tata Consultancy Services (TCS) secured a ₹2,000 crore mandate to manage US consumer electronics giant Best Buy's Bengaluru Global Capability Center (GCC) and broader digital operations.
Tata Motors Secures Regulatory Approvals for €3.8 Billion Acquisition of Iveco Group
Tata Motors secured final sector-regulatory clearances, including European Central Bank authorization, clearing the path to launch its €3.8 billion voluntary tender offer for Iveco Group.
Indian Equity Benchmarks Trade Cautiously as Global Crude Surge Offsets Strong GDP Performance
Indian equity indices traded in a narrow, cautious band as rising global crude prices above $90/bbl offset better-than-expected Q1 FY27 GDP growth of 7.8%.
India Inc Targets ₹25,000 Crore Capital Raise via Mainboard IPOs in September 2026
Indian companies are preparing to raise up to ₹25,000 crore via mainboard IPOs in September 2026, propelled by resilient domestic inflows and strong primary market demand.
Reserve Bank of India Opens Daily $100 Million Window for FCNR(B) Dollar Swaps
The Reserve Bank of India relaxed operational guidelines for its special FCNR(B) USD-INR forex swap facility, allowing authorized banks to execute swaps above $100 million on a daily basis.
Crude Oil Surges 2% and Drag Asian Benchmarks Lower on Fresh Middle East Escalation
Crude oil surged past $85 per barrel after U.S. forces struck military targets near the Strait of Hormuz, pushing major Asian stock indices down.
Reserve Bank of India Relaxes FCNR(B) Swap Rules to Strengthen Forex Reserves
The Reserve Bank of India introduced a special USD-INR forex swap window for FCNR(B) deposits, eliminating currency risk for banks and boosting overall reserves.
Jio Platforms Secures SEBI Clearance for Historic ₹37,700 Crore IPO
Jio Platforms received SEBI's final clearance for its proposed ₹37,700 crore ($4 billion) IPO, paving the way for India's largest-ever public offering.
Indian Equity Benchmarks Rebound Supported by Easing Oil and Asian Market Tech Rally
Indian stock benchmarks Sensex and Nifty rebounded as declining global crude oil prices and a strong Asian tech rally bolstered domestic market sentiment.
India Primary Market Surge: July and August Account for 69% of 2026 IPO Fundraising
Conceptual illustration of an upward financial growth chart overlaid with initial public offering listing documents in Mumbai
Adwin Saini: A Young Mind with Big Dreams and a Vision for Entrepreneurship
Apple Prepares Domestic Manufacturing Expansion Beyond iPhones in India
The Union Government signaled that Apple plans to expand manufacturing in India beyond iPhones to additional hardware like iPads and MacBooks.
SEBI Proposes Channel Partner Framework to Deepen Corporate Bond Access
SEBI proposed introducing Fixed Income Channel Partners (FICPs) to distribute corporate bonds through Online Bond Platforms, targeting retail growth in Tier-II and Tier-III cities.
Gold Mine Collapse in Central African Republic Triggers Search Operations
A severe landslide at an artisanal gold mine in the Central African Republic killed dozens of miners, prompting search operations.
Brihanmumbai Municipal Corporation Launches Gen Z Fellowship with Monthly Stipend
The BMC launched the Gen Z Fellowship 2026, offering 50 young graduates a ₹61,500 monthly stipend to work in Mumbai's civic governance.