india business news
ITC Acquires Prasuma: Definitive Agreements Signed
ITC Acquires Prasuma: A Thriving Partnership in the Food IndustryIn a recent landmark move, ITC Ltd has officially sealed the deal to acquire Prasuma, a prominent player in the frozen, chilled, and ready-to-cook foods...
Boosting Clean Energy Supply Chains Through Rare Earth Elements Extraction
Boosting Clean Energy Supply Chains Through Rare Earth Elements ExtractionThe Indian government is making significant strides towards bolstering the extraction and refining capacities of rare earth elements (REEs) to fortify the supply chain for...
‘February 7 Cabinet Meeting to Discuss Income Tax Bill’
Union Cabinet Set to Approve New Income Tax Bill on February 7The Union Cabinet is gearing up to give the green light to the new Income Tax Bill on Friday, February 7, paving the...
Ramco Cements Plans ₹1,200 Crore Capex, Progresses Asset Monetisation
Ramco Cements Embarks on Ambitious Expansion Plans, Eyes ₹1,200 Crore CapexRamco Cements, a leading player in the cement industry, has recently made significant strides towards enhancing its operational capacity and financial standing. With a...
Rising Demand for Sunflower and Soyabean Oils in Indian Market
The demand for sunflower and soyabean oils in the Indian market has been steadily rising, driven by a series of factors that have reshaped the edible oil landscape. The shift towards these alternative oils...
Labour Ministry Finalizing Social Security Scheme for Gig Workers
The Indian government is currently in the final stages of developing a groundbreaking social security scheme tailored specifically for gig workers, a rapidly growing sector of the workforce in the country. Expected to be...
NephroPlus Expands in Philippines with Acquisition of Seven Dialysis Centers
NephroPlus, a renowned dialysis network, has recently expanded its footprint in the Philippines by acquiring seven new dialysis centers, solidifying its presence in the region. This strategic move comes on the heels of the...
Stock Market Update: Sensex Drops 298 Points; ITC Hotels, Cipla Stand Out
The stock market saw a downward trend today, with the Sensex dropping 298.40 points to 77,972.88 and the Nifty declining 96 points to 23,600.30 as of 12:35 PM. Despite this, market breadth remained positive,...
Trent Retail Q3 Results Analysis: Westside and Zudio Expansion
Trent Ltd, a prominent Tata group firm, recently released its third-quarter results, which led to a 1% dip in its shares. The company reported a substantial 33.94% year-on-year increase in consolidated net profit, reaching...
Blacksoil secures ₹550 cr funding, expands focus on structured financing
Blacksoil Ventures into Structured Financing, Secures ₹550 Crore FundingIn the fast-paced world of finance, alternative credit platform Blacksoil has recently made waves with its impressive ₹550 crore funding secured in 2024. This funding, sourced...