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Adani Group puts on hold $10 bn chip deal with Israel's Tower Semiconductor
Billionaire Gautam Adani's conglomerate, the Adani Group, has put its $10 billion semiconductor joint venture with Israel's Tower Semiconductor on pause, reported sources.
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India unit CEO: Japan's Rakuten to invest $100 mn in India, increase hiring
Japan's Rakuten aims to invest at least $100 million and increase its headcount by 8 per cent in India this year to strengthen its global operations, a top executive of the internet conglomerate told sources.
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India can strengthen trade, manufacturing amid global uncertainty: Finance Minister
The finance ministry on Tuesday said that India has an opportunity to strengthen its position in international trade and manufacturing amid global uncertainties, but the private sector and policymakers should be cautious that these challenges do not lead to capital formation being put on hold.
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Karnataka HC stays GST demand of over Rs 50 cr against Mad Over Donuts
The Karnataka High Court (HC) will ponder over it and take a call in the next few days as it stayed a Goods and Services Tax (GST) demand of over ₹50 crore against the donut outlet on Friday.
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Indian banking sector poised to meet investment needs, says RBI governor
The Indian banking sector, with its healthy balance sheet, adequate liquidity and capital buffers, is poised to meet investment needs of the industry, Reserve Bank of India Governor Sanjay Malhotra said.
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Cars24 lays off 200 employees amid strategic reset, continues expansion
Auto-tech platform Cars24 has laid off around 200 employees from various departments, including product and technology
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Car buying restricted to 12% households in India: Maruti's R C Bhargava
Overall passenger vehicle (PV) sales growth in India stood at 4.3 million units in 2024-25, which was just 2 per cent higher year-on-year, according to Society of Indian Automobile Manufacturers (SIAM) data.
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