Byju Raveendran Gets 6-Month Jail Term in Singapore
Byju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for disobeying multiple orders related to his assets since April 2024.
Category : Business
Samsung Union Approves Bonus Pay Deal
Samsung Electronics' union has approved a bonus pay deal, ending months of negotiations. The agreement covers wages and performance bonuses for thousands of workers.
Banks Closed in Multiple States for Eid-ul-Adha Today
Banks in several Indian states are shut today for Eid-ul-Adha. Customers should check local schedules as holidays vary. Digital banking remains available.
Sensex Drops 70 Points, Nifty Below 23,900; HDFC Falls Over 2%
Indian stock markets opened lower on Wednesday with Sensex falling 70 points and Nifty slipping below 23,900. HDFC Bank dropped over 2% dragging the indices.
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Bank Holiday May 27 2026: Bakrid Closures in These Cities
Banks in several Indian cities are closed on May 27, 2026, for Bakrid (Id-ul-Zuha). Check the state-wise list of closures here.
Stock Market Holiday May 2026: NSE, BSE Closed for Bakri Eid
Indian stock markets NSE and BSE remain closed on May 27, 2026, for Bakri Eid (Eid-ul-Adha). Trading resumes on May 28. Check full holiday calendar.
Stock Picks: AIA Eng, SBI, Hindustan Copper May 27
Mehul Kothari of Anand Rathi recommends buying AIA Engineering, SBI, and Hindustan Copper on May 27, 2026, citing technical breakouts and support levels.
Monsoon, Price Pressures to Weigh on Indian Agrochemical Performance
Uncertain monsoon and price pressures are expected to impact the performance of the Indian agrochemical sector, according to a recent report.
Oil Prices Elevated as Markets Eye US-Iran Ceasefire
Oil prices remained elevated on Wednesday as markets watched for signals on the US-Iran ceasefire. Brent crude traded near $95.39, while US crude fell. Asian shares rose, with Japan's Nikkei hitting a record high.
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Gold Silver Rate Today: Gold Up on Dollar Weakness, US-Iran Tensions
Gold prices edged higher on Wednesday as the US dollar softened, while investors monitored US-Iran peace talks and Federal Reserve policy for further direction.
Stock Market Live: GIFT Nifty Muted Start; Asian Stocks Rise
GIFT Nifty hints at a muted opening for Sensex and Nifty50. Asian shares advance as US-Iran tensions keep markets cautious. Track live updates.
KSPCB Notices to Nine Polluting Industries in Koppal
The Karnataka State Pollution Control Board has issued notices to nine industries in Koppal for violating water and air pollution control acts, citing non-compliance with environmental norms.
Tata Power Seeks Distribution Licence in Karnataka
Tata Power has applied for a distribution licence in Karnataka, with officials stating the final decision rests with KERC. Concerns over infrastructure duplication and economic impact arise.
From Farm to Fortune: India's Food Processing Revolution
India's food processing industry is transforming agriculture into a powerful economic engine, reducing post-harvest losses and boosting farmer incomes through value addition and modernization.
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Karnataka Tribunal Admits FKCCI Plea Against KERC Tariff Revision
Karnataka tribunal admits FKCCI plea opposing KERC's tariff revision that made industries pay higher power charges retrospectively from April 2025 to February 2026.
Pricol Ltd Plans Rs 700 Crore Capex for FY27 Amid Geopolitical Pressures
Pricol Ltd announces Rs 680-700 crore investment for FY27 to expand capacity amid West Asia tensions and rising costs. The auto component maker cites peak capacity utilisation and strong business pipeline.
JK Tyre Unveils Rs 4,980 Cr Capacity Expansion Plan
JK Tyre announces Rs 4,980 crore expansion for TBR and PCR tyre capacities at Chennai and Mysuru plants, despite raw material cost pressures from West Asia crisis. FY26 revenue up 11%.
Bengaluru Hotels Restaurants Hold Price Hikes Despite Wage Rise
Bengaluru hotels and restaurants are refraining from price hikes despite revised minimum wages, which significantly increase labour costs in the hospitality sector.
New IIP Series to Track Rare Earths, PNG, Water Supply
India's new IIP series with 2022-23 base year will debut June 1, tracking rare earths, PNG, water supply, sewerage, and waste management for the first time, expanding to 1,042 items.
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JK Tyre announces Rs 4,980 crore expansion plan
JK Tyre plans Rs 4,980 crore investment to expand TBR and PCR tyre capacity by 24% at Chennai and Mysuru plants, driven by robust domestic and export demand.
Tata Sons Chairman Presents 3-Year Roadmap to Cut Losses
Tata Sons chairman N Chandrasekaran presented a three-year roadmap to narrow losses in new businesses like Air India and Tata Digital at a board meeting, facing scrutiny from Noel Tata.
India-Canada Free Trade Deal by 2025
India and Canada are working to finalize a free trade agreement by end of 2025, aiming to triple bilateral trade to $50 billion by 2030, said Minister Piyush Goyal.
Maruti Suzuki Austerity Measures: Fuel Conservation and Forex Cut
Maruti Suzuki implements austerity measures including restricted foreign travel and virtual meetings to conserve fuel and reduce forex spending, responding to PM Modi's call amid West Asia conflict.
Sebi Plans Bond Tokenisation Pilots and Debt Broker Rules
Sebi chairman Tuhin Kanta Pandey announced plans for bond tokenisation pilots, a new regulatory framework for debt brokers, and easing disclosure norms to deepen corporate bond markets and reduce reliance on banks.
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Irdai Links Executive Pay to Customer Outcomes
Irdai directs insurers to link executive performance and pay to customer outcomes, transparency, and governance, moving beyond financial metrics.
Cash logistics firms seek fee hike as costs surge
Cash logistics companies have approached banks seeking measures to offset rising costs due to fuel inflation, wage hikes, and compliance expenses, warning of a 15-20% cost increase.
Sarangpur Flyover Construction Likely to Start This Year
The long-awaited Sarangpur flyover in Chandigarh is expected to begin construction this year, aiming to ease traffic congestion on the busy Madhya Marg.
Okalipuram Underpass Work Resumes, 25-Day Deadline Set
The Okalipuram railway underpass work under the Chennai railway line in Bengaluru has resumed, with officials directed to complete it within 25 days.
CNG price hiked by Rs 2/kg, fourth increase in two weeks
CNG prices have been increased by Rs 2 per kg in Delhi, marking the fourth hike in two weeks. The price now stands at Rs 79.56 per kg.
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Joint Raid Uncovers 1,400 Tonnes Excess Coal at Nagpur Yard
A multi-agency inspection at Dumri Khurd yard found 1,400 metric tonnes of excess coal worth ₹30 lakh, sparking concerns over theft and irregularities.
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