Fuel Price Hike: Politics Meets Economics in India
The recent fuel price hike in India highlights the intersection of politics and economics. Timely and transparent decisions can moderate economic shocks, but delays worsen the impact.
Category : Corporate News
When Private Is Not Always Better: Air India
The Air India privatization story shows that private ownership doesn't guarantee success. Challenges include competition, debt, and operational issues.
Women Reshape Gujarat's Manufacturing Landscape
Women are increasingly taking on production roles in Gujarat's factories, driven by labour shortages and policy changes. From Surat's textile units to Sanand's semiconductor plants, they now form a significant part of the workforce.
Noida Authority to Auction 35 Plots, Top Price Rs 758 Crore
Noida Authority will auction 35 industrial, institutional, commercial, and hotel plots from May 19, with reserve prices from Rs 65 lakh to Rs 758 crore, driven by the upcoming Noida International Airport.
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BJP MLA Alleges BMC Transfer Scam, Seeks Commissioner's Intervention
BJP MLA Mihir Kotecha claims a fresh transfer list in BMC proposes same postings for 55 officials from a controversial October 2025 list, alleging a cash-for-postings scam. BMC denies any new transfers.
Chandigarh MC Recarpets V-5 Road After Clearing Encroachments
Chandigarh Municipal Corporation begins recarpeting V-5 road in Sector 45-A and B after removing encroachments that narrowed the stretch, ensuring smoother movement and durability.
Pune Stock Fraud: Man Dupes 12 Investors of Rs 1.22 Crore
Dehu Road police search for a man who allegedly cheated 12 people of Rs 1.22 crore by promising 5% returns on stock market investments through his firm.
Tamil Nadu Power Sector Faces Financial Hurdles Despite National Profitability
India's state-owned power distribution sector turned profitable in 2024-25, but Tamil Nadu's utilities still face legacy issues, including negative net worth and high debt.
Fuel Rush Ends: Normalcy Returns to Bhubaneswar Pumps
After four days of panic buying, petrol pumps in Bhubaneswar and Cuttack see routine crowds. Demand dropped 60% as bulk buyers stay away. Full normalcy expected in interior Odisha by Monday evening.
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Bajaj Group Centenary: Future Ambitions Unveiled
The Bajaj Group celebrated its 100-year journey, with leaders outlining plans for healthcare, AI, and global expansion, reaffirming its nation-building role.
Experts Urge Telangana to Withdraw New Power Company Proposal
Power sector experts, employee unions, and farmer organisations urged the Telangana government to withdraw its proposal to form a separate rural power distribution company, warning of financial stress.
Mumbai Builder Arrested for Illegal Flat Sales
Mumbai police's EOW arrested builder Sohail Abdullah Dukka for illegally selling flats in a Jogeshwari slum redevelopment project, misappropriating crores of rupees.
Mumbai Builder Arrested for Illegal Flat Sales in Slum Project
Mumbai EOW arrests builder Sohail Abdullah Dukka for illegally selling flats in a Jogeshwari slum redevelopment project, misappropriating crores of rupees.
Urban Challenge Fund Faces Hurdles in Tier II, III Cities
A Brickwork Ratings report warns that the Urban Challenge Fund's market-linked financing model may struggle in smaller cities due to weak financial reporting and limited capacity.
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Prudential acquires 75% stake in Bharti Life Insurance for Rs 3,500 cr
Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance from Bharti and 360 ONE for Rs 3,500 crore. Bharti's stake reduces to 25%, while 360 ONE exits fully.
Goyal: Design, Innovation, Entrepreneurship Key to Developed India
Union Minister Piyush Goyal emphasizes that design, innovation, and entrepreneurship will define India's journey to becoming a developed nation by 2047.
Bharti Sells 75% Stake in Bharti Life to Prudential
Bharti Enterprises has announced the sale of its 75% stake in Bharti Life Insurance to Prudential PLC, marking a significant move in the insurance sector.
Virmani Calls for Job Skills and Public Health Reforms
Former NITI Aayog member Arvind Virmani emphasizes job skills and public health reforms for broad-based growth in India.
Delhi Govt Urges Private Sector: WFH 2 Days, Carpool
Delhi government advises private offices to implement two-day work-from-home, staggered hours, and carpooling to conserve fuel and reduce traffic congestion.
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India's Design Ambition Shifts to Commercialisation
India's design leaders pivot from creativity to commercialisation, aiming for global innovation leadership through strategic IP and market-driven approaches.
SriLankan Airlines Alleges ₹22 Million Fraud by Indian Staff
SriLankan Airlines has accused its Indian employees of defrauding the airline of ₹22 million through fake commissions and kickbacks, prompting an internal investigation.
Bank Margins Under Pressure in FY27 Due to West Asia Risks
Indian banks face margin pressure in FY27 from West Asia geopolitical risks and transition to expected credit loss norms, impacting profitability and capital adequacy.
Berkshire Under New CEO Greg Abel Shakes Up Portfolio
Berkshire Hathaway's new CEO Greg Abel has tripled the stake in Alphabet and sold Amazon shares, breaking Warren Buffett's traditional tech investing rules.
Karnataka Private Bus Fares to Hike 10-20% from May 20
Karnataka private bus fares will rise by 10-20% from May 20. Transport Minister Ramalinga Reddy clarified that only operators with All India Tourist Permits are increasing fares.
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PFC and REC boards clear merger proposal, seek President nod
State-run power financiers PFC and REC have cleared a merger proposal, with REC to be absorbed into PFC. The share exchange ratio is yet to be finalized, and the merger is targeted for April 1, 2027.
Nagpur Hospital Fire: Flyover Construction May Have Caused Short Circuit
A fire at Daga Memorial Govt Women's Hospital in Nagpur endangered 10 newborns. Preliminary inquiry suggests electrical overloading from nearby flyover construction. NHAI denies allegations.
Fuel Rationing Hits Pune Petrol Pumps Amid Demand Surge
Pune fuel dealers report supply constraints as oil companies ration petrol and diesel amid panic buying and rising demand, with IOCL supplies halved.
PMC to Build Ramp from SB Road to University Flyover
The Pune Municipal Corporation will construct a ramp connecting Senapati Bapat Road to the University Chowk flyover, allowing direct access to Baner and Pashan without crossing the busy junction, aiming to reduce traffic delays.
Chandigarh Flyover Project Faces Growing Criticism Over Traffic Relief
Nearly a decade after its conception, the Chandigarh Industrial Area flyover faces sharp criticism as doubts mount on its ability to ease congestion at one of the city's busiest junctions.
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Gig Workers' Protest Disrupts Hyderabad Services
App-based transport and delivery services faced mild disruption in Hyderabad after over 1.5 lakh gig workers protested against rising fuel prices and stagnant payouts.
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