AI drives nearly half of Indian IT M&A deals in two fiscals
Nearly half of the mergers and acquisitions by Indian IT companies in the past two financial years were driven by the need to acquire AI and allied capabilities, according to a Crisil…
Business & Economy87- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Carlsberg India sees strong volume growth, IPO progresses
Danish brewer Carlsberg said its India business delivered mid-teens percentage volume growth in the first half of 2026, with an acceleration in the April-June quarter. CEO Jacob Aarup-Andersen said flagship brands Carlsberg…
Skyways Air Services raises Rs 174.5 crore from anchor investors
Air freight forwarding and logistics firm Skyways Air Services Ltd has raised Rs 174.5 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription on August 24.…
India’s forex reserves touch $716.9 bn, bank deposits grow 15.4%
India's foreign exchange reserves rose by $9.9 billion to $716.9 billion in the week ending August 14, 2026, according to the Reserve Bank of India's weekly statistical supplement. The increase was driven…
India’s forex reserves jump USD 9.9 billion to USD 716.9 billion
India's foreign exchange reserves rose by USD 9.905 billion to USD 716.907 billion in the week ended August 14, according to Reserve Bank of India data released on Friday. This follows a…
India gets Rs 4,896 crore FDI proposals under eased Chinese stake rules
India has received 29 foreign direct investment (FDI) proposals worth Rs 4,895.65 crore under its revised framework that allows automatic approval for investments from entities in land-bordering countries with a Chinese or…
Rupee flat at 95.71 as Iran fears offset weak dollar
The Indian rupee ended virtually unchanged on Friday, settling 3 paise higher at 95.71 against the US dollar as support from a weak dollar was offset by simmering geopolitical tensions, The Hindu…
Fragaria in talks to raise Rs 40 crore from Blume Ventures
Chennai-based agritech startup Fragaria Fruits is in talks to raise Rs 40 crore in a fresh funding round, led by Blume Ventures, with participation from existing investors including WEH Ventures and Rainmatter.…
MakeMyTrip AI completes bookings, confidentially files for India IPO
MakeMyTrip launched Myra 2.0, an AI assistant that can complete an entire booking including agentic payments inside a chat, the company disclosed on its Q1 FY27 earnings call. The assistant handled over…
VIP Industries cuts inventory, returns to revenue growth
Luggage maker VIP Industries has returned to revenue growth after seven consecutive quarters of decline, driven by a reduction in excess inventory and tighter pricing. The company, however, remains loss-making as it…
