Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
TCS will acquire Porsche's German IT consulting subsidiary MHP for an enterprise value of $373 million (Rs 3,200 crore). Alongside the purchase, Porsche has committed $1.45 billion (Rs 12,500 crore) over five…
Sugar prices in India have dropped by over 10% in mill-gate and retail markets after a nearly two-month rally, following government measures to boost supply. The Times of India reports that industry…
Trilegal has opened an office in Gujarat International Finance Tec-City, expanding its presence in the International Financial Services Centre (IFSC). The office will advise financial institutions, investment funds, companies, intermediaries and other…
Procter & Gamble Hygiene and Health Care Ltd (PGHHL) has cautioned that the current financial year may remain challenging even as it expressed confidence in its long-term growth strategy. In its latest…
Suzuki Motor Corporation has launched a company-wide initiative called 'Suzuki-style ROIC Management' to sharpen investment efficiency and boost profitability. The programme focuses on improving asset turnover, raising capital efficiency, and strengthening the…
India added 3 GW of solar open access capacity in the April-June quarter of 2026, the highest ever quarterly addition, according to a Mercom India report. This was a 10% rise from…
Paytm's board has proposed changes to its employee stock option (ESOP) framework, making future vesting more closely tied to performance while keeping the overall stock option pool unchanged. The amendments, which require…
Indian banks are on track to mobilise USD 90-100 billion through FCNR(B) deposits and other foreign currency borrowings by August 31, according to a Jefferies report. Banks have already raised USD 73…
Godrej Industries Group has signed a memorandum of understanding with the Haryana government to invest about Rs 20,000 crore and potentially create nearly 40,000 jobs. The pact was signed in the presence…
BSE has waived processing fees for registration of Authorised Persons (AP) in the Commodity Derivatives and Electronic Gold Receipt (EGR) segments until September 30, 2028, effective from August 24, 2026. The waiver…
