Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
India has allocated ₹500 crore under the National Critical Mineral Mission for stockpiling, as demand for lithium, cobalt, copper and rare earths grows. The Hindu reports that China accounts for about 70%…
Electronic Arts has completed its $55 billion acquisition by Silver Lake, Saudi Arabia’s Public Investment Fund and US investment firm Affinity Partners, Gadgets 360 reports. The Battlefield maker is now privately held…
Airtel has discontinued its Rs 299 prepaid recharge pack, making the Rs 349 plan its most affordable option. The Rs 299 plan, which offered unlimited calling, 1GB daily data, 100 SMS per…
Le Travenues Technology, which owns Ixigo, reported an 81% year-on-year rise in consolidated profit to Rs 34.24 crore in the June quarter of FY27. Operating revenue grew 13% to Rs 356.75 crore,…
HealthPlix cofounder Sandeep Gudibanda has denied reports that Practo is negotiating to acquire the healthtech SaaS startup. He told Inc42 that HealthPlix remains independent, is expanding in the US market and has…
Climate tech startup Mitti Labs has raised $9.5 million (Rs 90 crore) in Series A funding led by Aramco Ventures, with participation from Godrej Industries Group, Cisco Foundation, and others. The company…
TPG sold 1.25 crore Shadowfax shares for Rs 300.6 crore through its entity NewQuest Asia Fund IV, according to BSE data reported by Inc42. Hong Kong-based hedge fund Oxbow bought 69.3 lakh…
Air India has appointed former Ethiopian Airlines chief Tewolde Gebremariam as its chief executive officer and managing director. Aaj Tak reports that Pakistan International Airlines had shortlisted him for the top job…
SEPC shares rose as much as 4% on the NSE on Thursday after the engineering company announced a Rs 854.57 crore order from SAIL’s IISCO Steel Plant in Burnpur, Livemint reports. The…
Raw materials accounted for nearly 45% of net sales and about 50% of total expenditure at 642 non-financial companies in April-June, Mint reports. The figures were 42% and 47% respectively in the…
