India Allows 100% FDI in Insurance Under Automatic Route
The central government announced 100% FDI in insurance companies under the automatic route, permitting full foreign ownership to boost foreign participation in the sector.
Category : Corporate News
Air India CEO Race Narrows to Two Candidates
The search for Air India's next CEO has narrowed to Singapore Airlines executive Goh Choon Phong and insider Sunil Aggarwal, sources say.
IHC Hosts Shastrartha on Indigenous Dialogic Traditions
The Indian History Congress hosted a discussion on Shastrartha, emphasizing the relevance of India's indigenous dialogic traditions in contemporary discourse.
Symposium Calls for Rethinking Future of Indian Sports
A symposium gathered experts to discuss transforming Indian sports, focusing on grassroots development, policy reforms, and increased investment for global competitiveness.
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Archana Puran Singh Plans Rs 50 Crore Madh Island Bungalow
Archana Puran Singh plans to buy a Rs 50 crore bungalow in Madh Island. She explores options with family, recalls her first house purchase, and gets support from her son Aaryamann.
Sunflower Seeds Ties with Chaturvedi for Bandits of Chambal
The Sunflower Seeds collaborates with author Swaroop Chaturvedi to bring the untold stories of the Bandits of Chambal to life, highlighting the region's folklore.
Ircon International completes 50 years, eyes new infra sectors
Ircon International marks 50 years with plans to diversify into new infrastructure sectors and expand globally, leveraging its expertise in railway and bridge construction.
J.P. Morgan Case: Victim Switched Career, Company Reacts
A former employee who sued J.P. Morgan for discrimination had switched careers before filing the lawsuit. The bank has responded, denying allegations.
SRM IST Alumnus Dr Neeraj Lal Named Searle Scholar
Dr Neeraj Lal, an alumnus of SRM Institute of Science and Technology, has been named a Searle Scholar for his pioneering research on signalling pathways, marking a global scientific distinction.
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Quick Commerce in Survival of Fittest Phase Amid Profitability Pivot
Quick commerce players pivot to profitability, entering a survival-of-the-fittest phase. Investors focus on sustainable growth as competition intensifies.
CBI extradites Red Notice accused from UAE in bank fraud
The CBI, with MEA and MHA, extradited Red Notice accused Kamlesh Parekh from UAE for a banking fraud causing hundreds of crores in losses to a SBI-led bank consortium.
Spirit Airlines Shuts Down After 34 Years, Cancels All Flights
Spirit Airlines has ceased operations after 34 years, cancelling all flights and laying off 17,000 employees. The budget carrier failed to secure a government bailout amid mounting debt and rising fuel costs.
Delhi Vendors Hit by LPG Price Hike and Supply Crisis
A steep hike in commercial LPG prices in Delhi has left small eateries and street vendors struggling, with many shutting shops or resorting to coal and black market cylinders amid erratic supply.
Air India Cuts International Flights Till July Amid Fuel Price Hike
Air India has announced a reduction in international flights until July due to rising jet fuel costs and the closure of certain airspaces, impacting routes across the globe.
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Lidcom and Prada Bring Kolhapuri Craft to Global Luxury
Lidcom collaborates with Prada to feature Kolhapuri-inspired Indian craftsmanship in luxury fashion, marking a milestone for traditional artisans on the global stage.
Bengaluru's Toughest Metro Stretch Inaugurated by Afcons
The most challenging metro stretch in Bengaluru, constructed by Afcons at Silk Board, has been inaugurated, promising to ease traffic congestion in the city.
From Hobby to 25 Crore: Women in Catering
Rekha Sharma turned her cooking hobby into a 25-crore catering business. Discover why catering offers women flexibility, creativity, and stable income in a growing industry.
Nvidia's Market Cap Exceeds India's Total Market Value
Nvidia's market capitalization hit $4.91 trillion, surpassing India's total market cap of $4.88 trillion, driven by AI chip demand and contrasting with Indian market volatility.
India Passenger Vehicle Sales Up 27% in April
India's passenger vehicle market started the new fiscal year strong with April sales estimated at 4.5 lakh units, a 27% rise year-on-year, driven by utility vehicles and strong performances from major automakers.
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US Retains India on IP Priority Watch List
The US Trade Representative has kept India on its Special 301 priority watch list for intellectual property protection, citing inconsistent progress and longstanding concerns.
Punjab govt slashes industrial application fees after backlash
Punjab government reduces upfront industrial application fees from the higher of ₹1 lakh or 0.5% of FCI to the lower, capping costs at ₹1 lakh, following industry backlash.
LPG Price Hikes Squeeze Ahmedabad Restaurants
Third consecutive monthly hike in commercial LPG prices raises operating costs for restaurants, hotels, and street vendors in Ahmedabad, forcing many to consider price increases or alternatives.
Rs 11.3 crore fraud complaint filed against real estate firm partners
A businessman filed a complaint with the Detection of Crime Branch alleging Rs 11.3 crore fraud by two partners of a real estate firm, including fund diversion and illegal flat sales.
Punjab transport workers announce May strikes over demands
Punjab Roadways, PUNBUS, and PRTC contract workers held protests on Labour Day, demanding release of detained colleagues and end to privatisation. They announced strikes on May 10, 18, and 25-27.
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Gurgaon Police Single-Window System for Industry Issues
Gurgaon police announced a single-window mechanism to address industry issues swiftly, appointing DCP Karan Goyal as nodal officer to enhance coordination and industrial harmony.
ED Files Money Laundering Case Against Guwahati Firm
The ED has filed a prosecution complaint against Ottis Associates Pvt Ltd and its director for alleged bank fraud and money laundering involving a private bank in Guwahati.
Credit Society Manager Arrested for Rs 1.65 Crore Fraud
Karishma Nivane, manager of Students Academy Co-Operative Credit Society, was arrested for allegedly cheating investors of Rs 1.65 crore by offering 13% interest on deposits.
BMC fines contractor Rs 1 crore for Mankhurd flyover accident
The BMC has imposed a Rs 1 crore penalty on the contractor for safety lapses that caused a piling rig to topple in Mankhurd, killing a police constable. The overhanging parts were cleared by Thursday evening.
West Asia Tensions: Govt Keeps Petrol, Diesel, LPG Prices Unchanged
Amid rising West Asia tensions, the Indian government has decided to keep petrol, diesel, and LPG prices unchanged to shield consumers from global supply concerns.
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Guinness Glory: CM Fadnavis Praises Navayuga for Missing Link
Maharashtra CM Devendra Fadnavis lauded Navayuga Engineering for its Guinness World Record in completing the Mumbai-Nagpur Missing Link project, a key infrastructure milestone.
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