Business News

GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year

GDP Growth Beats Estimates In 3rd Quarter, Economy To Expand 7.6% This Year

NDTV News Desk | Thursday February 29, 2024, New Delhi

India's economy expanded 8.4 per cent in the December quarter from a year earlier, compared with 7.6 per cent growth in the previous quarter, government data showed on Thursday.

Reliance, Disney Merge Assets To Create $8.5 Billion Media Powerhouse

Reliance, Disney Merge Assets To Create $8.5 Billion Media Powerhouse

Reuters | Wednesday February 28, 2024, New Delhi

Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals.

FMCG Firms Hike Prices By Up To 10% Amid Demand Slowdown

FMCG Firms Hike Prices By Up To 10% Amid Demand Slowdown

NDTV News Desk | Wednesday February 28, 2024, New Delhi

Fast-moving consumer goods (FMCG) firms are increasing prices by up to 10 per cent to keep revenue high amid a sustained slowdown in demand.

India's Booming Bond Market Attracts South Korean Investors

India's Booming Bond Market Attracts South Korean Investors

Wednesday February 28, 2024

The craze for India's booming bond market has reached as far as South Korea, where a bond fund that's been mostly dormant for a decade is suddenly getting lots of interest.

Chinese-Founded Fashion Giant Shein Likely To Launch IPO In UK Instead Of US: Report

Chinese-Founded Fashion Giant Shein Likely To Launch IPO In UK Instead Of US: Report

Agence France-Presse | Wednesday February 28, 2024, London

Speculation mounted on Tuesday that Chinese-founded "fast fashion" giant Shein was mulling floating on the London Stock Exchange, with Sky News reporting that the UK government has held talks with its boss.

Adani Group's Rs 3,000 Crore Investment On Mega Ammunition Factories

Adani Group's Rs 3,000 Crore Investment On Mega Ammunition Factories

PR Sanjai, Bloomberg | Tuesday February 27, 2024

Billionaire Gautam Adani's conglomerate started two defense facilities in northern India this week at an investment of Rs 3,000 crore ($362 million), bolstering the country's campaign to become self-reliant and promote local manufacturing.

Why Vijay Shekhar Sharma Resigned As Paytm Payments Bank Chairman

Why Vijay Shekhar Sharma Resigned As Paytm Payments Bank Chairman

Edited by Samiran Mishra | Tuesday February 27, 2024, New Delhi

Paytm CEO Vijay Shekhar Sharma on Monday resigned as non-executive chairman and board member of Paytm Payments Bank, amid ongoing regulatory challenges faced by the digital payments giant.

Paytm May Partner With 4 Banks For UPI Transactions: Report

Paytm May Partner With 4 Banks For UPI Transactions: Report

Reuters | Monday February 26, 2024, MUmbai

India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.

Disney, Reliance Sign "Binding Pact" For Big Merger: Report

Disney, Reliance Sign "Binding Pact" For Big Merger: Report

Agence France-Presse | Monday February 26, 2024, New Delhi

Reliance Industries has signed a "binding pact" for a merger deal with Walt Disney's local unit, Bloomberg News reported Monday, a major shakeup for the country's multi-billion dollar entertainment industry.

Paytm FASTags Won't Work After March 15: Check 5 Alternatives Here

Paytm FASTags Won't Work After March 15: Check 5 Alternatives Here

Edited by NDTV News Desk | Monday February 26, 2024

FASTag in India is a digital toll ticket that makes paying for highway tolls quick and automatic.

Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades

Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades

Edited by Chandrajit Mitra | Sunday February 25, 2024, New Delhi

The average monthly expenses in rural and urban households have narrowed in the past two decades with a sharp rise in rural consumption, shows a key expenditure data released after a gap of 11 years.

Gautam Adani Meets Uber CEO, Hints At Future Collaborations

Gautam Adani Meets Uber CEO, Hints At Future Collaborations

NDTV News Desk | Saturday February 24, 2024, New Delhi

Uber CEO Dara Khosrowshahi, currently on a visit to India, met with Indian business magnate Gautam Adani, signaling potential future collaborations between Uber and the Adani Group.

"Null And Void": Byju's Contests Shareholders' Move To Oust CEO

"Null And Void": Byju's Contests Shareholders' Move To Oust CEO

Edited by Chandrajit Mitra | Saturday February 24, 2024, New Delhi

Crisis-hit edtech star Byju's has contested Friday's decision of its shareholders to oust its founder as the chief executive officer.

RBI's New Advisory On Paytm UPI Payments: What It Means

RBI's New Advisory On Paytm UPI Payments: What It Means

Edited by Shatabdi Chowdhury | Friday February 23, 2024, New Delhi

The Reserve Bank of India has come out with additional measures to ensure seamless digital transactions via unified payments interface or UPI.

Infosys CEO Salil Parekh Joins US-India Partnership Forum Board

Infosys CEO Salil Parekh Joins US-India Partnership Forum Board

Press Trust of India | Friday February 23, 2024, Washington

Salil Parekh, CEO and managing director at Infosys, has joined the US India Strategic and Partnership Forum as its board of directors.