Mahindra & Mahindra Acquires 59% Stake in SML Isuzu for Rs. 555 Crore

Mumbai: Mahindra & Mahindra (M&M) has completed the acquisition of a 58.96% controlling stake in SML Isuzu Limited for ?555 crore. Following regulatory approvals, the company will be renamed SML Mahindra Limited.

The acquisition deal, initially…

Over 1.97 Lakh Startups Registered on BHASKAR Platform: Government

New Delhi: The government has reported that a total of 1,97,932 entities have registered under the ‘startup’ category on the BHASKAR platform as of June 30.

The Bharat Startup Knowledge Access Registry (BHASKAR) serves as a digital hub to promote…

Apple Reports Another Record Quarter in India, Plans More Stores: Tim Cook

Cupertino (California): Apple CEO Tim Cook has announced that the company achieved record June quarter revenue in over two dozen countries and regions — with India standing out as a major growth driver.

Speaking during an earnings call with…

US Also Imposes High Tariffs to Protect Domestic Industry: WTO Data Counters Trump’s Claims

New Delhi – US President Donald Trump’s claim that India’s tariffs are “way too high” doesn’t stand up to scrutiny, as several countries — including the US — impose steep customs duties to protect their own domestic industries, according to World…

Indian Stock Market Shows Resilience Amid US Tariff Pressure, Closes Slightly Lower

Mumbai: The Indian stock market ended slightly lower on Thursday after a highly volatile trading session, defying fears of a major sell-off following the US government's imposition of tariffs on India. Investor interest in FMCG stocks helped cushion…

Tata Motors Shares Fall Over 4% Amid Reports of $4.5 Billion Iveco Acquisition Talks

Mumbai: Tata Motors shares came under pressure on Wednesday, dropping by over 4% in early trading, following reports that the company is in advanced talks to acquire the truck division of Italy’s Iveco Group in a potential $4.5 billion deal.

As…

India’s Industrial & Logistics Sector Reaches Record Leasing High in H1 2025; E-commerce Leads Growth

New Delhi — India’s industrial and logistics (I&L) sector has achieved a new leasing milestone in the first half of 2025 (January–June), with total leasing activity rising 63% year-on-year to 27.1 million square feet across the top eight cities, according…

No Changes in Tax Rates in Income Tax Bill 2025: Clarifies IT Department

New Delhi – The Income Tax Department on Tuesday clarified that the proposed Income Tax Bill 2025 does not include any changes to existing tax rates. The primary goal of the bill is to simplify the language and remove outdated or redundant provisions…

TCS Shares Decline After Announcement of 12,200 Job Cuts

New Delhi: Shares of Tata Consultancy Services (TCS) traded lower on Monday after the company announced plans to lay off approximately 12,200 employees during the financial year 2025–26.

TCS shares fell by 1.7%, hitting an intraday low of ?3,081…

Centre Clarifies: No GST Planned on UPI Transactions Above ?2,000

New Delhi – The Central Government has confirmed that there is no plan to impose Goods and Services Tax (GST) on UPI transactions exceeding ?2,000.

Responding to concerns raised in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary…