Foreign investors lose grip on India Inc as stake falls to 13-year low

In contrast, DMFs increased their stake to an all-time high of 10% in NSE-listed firms, with active funds accounting for 8.1% and passive funds 1.8% o...

India's GDP growth likely to stay below 6% in Q3, intensify rate cut demands

For the full fiscal year, Nomura forecasts GDP growth of 6.0% in FY25 and 5.9% in FY26, indicating a prolonged slowdown.

How Trump's war on DEI policy has impacted India Inc

While the federal order may have been put on a temporary pause by a district judge, the fall of DEI in the US is already underway the department o...

Who will audit unlisted assets overseas? Indians are in a fix

Some banks are comfortable with local auditors doing the job. But some differ on the grounds that it is not possible for an auditor sitting in India t...

Former RBI Guv Shaktikanta Das appointed Principal Secretary-2 to PM Modi

Shaktikanta Das, former RBI Governor, appointed as Principal Secretary-2 to PM Modi. The 67-year-old ex-bureaucrat, who served six years at RBI, takes...

Piyush Goyal says Tesla welcome to invest, manufacture in India

Union Minister Piyush Goyal welcomes Tesla and other global companies to invest and manufacture in India. He emphasized mutual benefits and highlighte...

AI downloads in India surpass US, China: FM Sitharaman

Finance Minister Nirmala Sitharaman has highlighted the rapid pace of innovation in India and the country's leadership position in the adoption of art...

Nifty50's valuation to get a lift with Zomato, Jio Fin joining index

The changes would make Nifty's valuations look more expensive, a key factor for the unrelenting selling by foreign investors in Indian equities since ...

India, UK to relaunch FTA talks Monday

India and the UK will resume negotiations for a proposed free trade agreement after an eight-month hiatus, focusing on sectors like advanced manufactu...

Adani Group pays Rs 58,104 cr tax in FY24

The conglomerate helmed by billionaire Gautam Adani released its Tax Transparency Reports for financial year 2023-24 (April 2023 to March 2024).

GCCs, mid and small caps may top IT hiring as larger firms step back

Entry-level hiring will be slower compared with hiring for mid-to-senior roles, as firms are looking for people who would not need training and handho...

Meta lays off 3,600 workersThen hands execs up to 200% in bonuses

Meta has increased executive bonuses to 200% of their base salary while laying off 3,600 employees, citing low performance. The decision, justif...

Bain Capital closes in on likely $1 billion Manappuram Finance deal

Bain Capital is nearing a deal to acquire a controlling stake in Manappuram Finance. The agreement involves fresh capital from Bain and a secondary sh...