SCLite Exchange Launch Under SCLite Pvt Ltd to Transform Trading
SCLite Exchange is set to launch under SCLite Pvt Ltd, introducing innovative trading solutions to enhance market efficiency and accessibility for investors.
Category : Corporate News
Mule Networks: Biggest Fraud Threat for Indian Firms in 2026
A new report reveals mule networks are the leading fraud threat for Indian businesses in 2026, highlighting financial risks and the need for enhanced security measures.
Sheth Trust Continues Work in Education, Healthcare, and Welfare
The Ayaan Sheth and Shri K D Sheth Charitable Trust highlights its ongoing efforts in education, healthcare, and social welfare, focusing on community development and sustainable impact.
UAE Rain Delays: Commute Time as Paid Work Hours Explained
Heavy rains in the UAE raise questions about commute time counting as working hours. Learn the legal exceptions, employer policies, and employee rights during adverse weather conditions.
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LC Singh Launches Memoir 'Things We Don't See' in Mumbai
Business leader and author LC Singh launched his memoir 'Things We Don't See' in Mumbai, attended by industry stalwarts. The book explores personal reflections on life beyond success.
Mittal Steps Down as Airtel Africa Chair, Vittal to Take Over in 2026
Sunil Bharti Mittal will step down as Chairman of Airtel Africa in 2026, with Gopal Vittal, CEO of Bharti Airtel, set to assume the role. This leadership transition marks a strategic shift for the telecom giant's African operations.
States' Commercial LPG Quota Raised to 70% Pre-Crisis Level
The Ministry of Petroleum has increased non-domestic LPG allocation for states to 70% of pre-crisis levels, prioritizing labor-intensive industries like steel and textiles, alongside excise duty cuts on fuels.
CSR Spend Zooms, Priority Districts Get Little: Crisil
A Crisil report reveals India's CSR spending has surged to over Rs 1.22 lakh crore in a decade, but only 12% targets aspirational districts, highlighting a need for better alignment with national development goals.
Oil Prices Face Steepest Weekly Fall in 6 Months
Global oil prices are on track for their steepest weekly drop in six months, driven by rising US inventories, demand concerns, and a stronger dollar, impacting markets worldwide.
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Govt Cuts Petrol, Diesel Excise Duty to Keep Fuel Prices Stable
The Finance Ministry has reduced excise duty on petrol from Rs 13 to Rs 3 per litre and on diesel from Rs 10 to zero. A new duty on ATF is introduced at Rs 50 per litre, with exemptions capping it at Rs 29.5 per litre.
Puri Denies Lockdown Rumors, Criticizes Harmful Misinformation
Union Minister Hardeep Singh Puri dismisses false lockdown rumors in India, calling them irresponsible. He details government measures to stabilize fuel prices and ensure supply amid global energy crisis.
Excise Duty Slashed on Petrol to Rs 3, Diesel to Nil
The Indian government has reduced excise duty on petrol to Rs 3 per litre and eliminated it on diesel to aid oil marketing companies facing high crude prices due to Middle East conflict.
Pune Fuel Shortage: Panic Buying and Payment Issues Hit Pumps
Pune petrol pumps face shortages due to panic buying and a shift to advance payments by oil companies, despite no actual fuel supply shortage. Dealers report sales surging 70%.
Nayara Energy Hikes Petrol, Diesel Prices Due to Global Oil Surge
Private fuel retailer Nayara Energy increased petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, citing global oil price surges from the Middle East conflict. The company operates nearly 7,000 stations across India.
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India Rules Out Fuel Restrictions, Asserts Energy Security
The Indian government has dismissed speculation about petrol and diesel shortages, confirming no restrictions on sales. It highlights robust fuel availability and strategic measures to ensure energy security.
Domestic Flight Costs to Soar This Summer with Fewer Flights
Domestic air travel in India is expected to become significantly more expensive this summer due to a 12% reduction in weekly flights and rising aviation fuel costs, mirroring trends seen in international travel.
AM/NS India Names Amit Harlalka New CEO, Dilip Oommen Steps Down
ArcelorMittal Nippon Steel India appoints current CFO Amit Harlalka as CEO from July 1, while outgoing CEO Dilip Oommen will continue as board member after leading the company since its formation.
Industry Seeks Govt Relief Amid Middle East Supply Chain Crisis
Indian industries, facing severe supply chain disruptions due to the Middle East conflict, have proposed multiple measures to the government, including freight support, loan relief, and alternative sourcing strategies.
Kochi Factory Fire Kills Worker, Exposes Safety Lapses
A massive fire at Cee Jee Lubricants in Kochi's Edayar Industrial Area killed one worker and injured three. Preliminary probe reveals machinery leakage and inadequate safety equipment, raising concerns about industrial safety in the region.
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Karnataka Inks Rs 51,469 Crore Investment Deals at Conclave
Karnataka has signed agreements worth Rs 51,469 crore with multinational companies across aerospace, automotive, biotechnology, and manufacturing sectors at the Invest Karnataka Conclave 2026, boosting the state's economic growth.
CBI Raids Reliance Telecom in Rs 115 Crore SBI Fraud Case
The Central Bureau of Investigation conducted searches at Reliance Telecom's Mumbai office and residences of former directors in a Rs 114.98 crore fraud case involving State Bank of India, part of broader probes into Reliance Group irregularities.
Musk Seeks Review, Claims Jury Mocked Him in Twitter Fraud Verdict
Elon Musk has formally requested a judge to review a jury verdict that found him guilty of defrauding Twitter investors during the acquisition, alleging the jury engaged in mocking behavior.
AMIPS Buys LTTS SWC Unit for Rs 452 Cr in AI Push
AMI Paradigm Solutions acquires L&T Technology's Smart World business for Rs 452 crore in a slump sale. The deal aims to expand sovereign AI offerings for governments and critical infrastructure globally.
Goa Fuel Panic: Dealers Deny Shortage, Urge Calm
The Goa Petrol Dealers Association issues advisory against panic buying, clarifying fuel supplies remain stable despite rumors linked to Middle East tensions.
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Panic Fuel Buying in MMR, No Shortage but Payment Issues
Panic buying at petrol pumps across Mumbai Metropolitan Region, including Thane and Navi Mumbai, has erupted despite oil companies confirming no fuel supply shortage. The issue stems from a shift to an advance payment system, leaving some stations unable
Reliance Denies Buying Iranian Crude Oil Amid Sanctions
Reliance Industries clarifies it has not purchased crude oil of Iranian origin. Industry sources reveal past deals used Euros via Turkish banks, but that route is now closed.
Nokia Appoints New India Business Leader and Manager
Nokia has appointed a new Country Business Leader and Manager for India, aiming to strengthen its market presence and drive growth in the region.
Microsoft Revamps HR Team Amid AI Push, Leadership Changes
Microsoft has announced a significant restructuring of its HR team and key leadership changes as part of its intensified focus on artificial intelligence and strategic realignment.
Nayara Energy Hikes Petrol, Diesel Prices Amid Global Crude Surge
India's largest private fuel retailer Nayara Energy increases petrol by Rs 5/litre and diesel by Rs 3/litre due to Middle East tensions and rising input costs. State-run firms maintain price freeze on standard fuels while adjusting premium rates.
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Reliance Denies Buying Iranian Crude Oil, Calls Reports Baseless
Reliance Industries Limited has strongly refuted media reports claiming it purchased Iranian crude oil, labeling the allegations as baseless and misleading in an official statement.
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