Bank of America to buy up to 49.9% in Jio Credit for $1.9 bn
Bank of America will invest up to Rs 18,268 crore ($1.9 billion) in Jio Credit Ltd, the lending arm of Jio Financial Services, acquiring a 26.5% equity stake that can rise to…
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Tata Sons chairman Chandrasekaran steps down after board rebuff
Tata Sons chairman N Chandrasekaran announced on Wednesday that he will not seek reappointment when his term ends on February 20, 2027, after failing to secure unanimous board support. The Sir Dorabji…
Expert calls on IDFC First Bank, Motilal Oswal, Tata Motors CV
Market experts shared their recommendations for five stocks in the latest Ask Profit segment on NDTV Profit. The stocks covered were IDFC First Bank, Motilal Oswal, Tata Motors CV, HCLTech, and Welspun…
Flipkart, Amazon, Meesho top e-commerce complaint list with 5.1 lakh cases in 2025
Over 5.1 lakh complaints were filed against e-commerce and quick commerce platforms on the National Consumer Helpline in 2025, a 14% jump from the previous year. Minister of state for consumer affairs…
MiniMines gets Indian patent for battery recycling tech
MiniMines Cleantech Solutions, a Bengaluru-based startup, has secured an Indian patent for its Hybrid Hydrometallurgy (HHMR) technology. The process recovers critical minerals, lithium, cobalt, nickel, manganese, and spherical graphite, from end-of-life lithium-ion…
Inox Wind Q1 net profit drops 34%; shares fall 6%
Inox Wind's net profit fell 34.2% year-on-year to Rs 64.10 crore in the June quarter against Rs 97.3 crore last year, while sales slipped 1.5% to Rs 814.10 crore. Shares of the…
Fund manager warns India handing $1 trillion to US Big Tech
Fund manager Harsh Gupta Madhusudan has warned that India is "sleepwalking into a 2035 scenario" where US tech giants like Google and Meta dominate the country's digital advertising market, potentially costing India…
Chip squeeze, weak rupee push gadget prices up 8-15%
Prices of laptops and smartphones in India have risen 8, 15% over the past year, driven by semiconductor supply constraints, a weaker rupee, and surging demand for AI hardware. Flagship smartphones now…
SBI eyes 20% of ₹2 trillion M&A market with 5-6 deals
State Bank of India has five to six merger and acquisition financing deals in its pipeline, having already closed four to five deals this year including a large one, a senior official…
Horizon Industrial Parks IPO opens on 17 August at Rs 57-60
Blackstone-backed Horizon Industrial Parks will open its Rs 2,600 crore initial public offering on 17 August, with a price band of Rs 57-60 per share. The IPO consists entirely of fresh shares,…
