New Delhi, July 23 — The European Commission on Thursday fined Google a combined 890 million euros ($1 billion) for violating the bloc’s digital competition rules, with regulators accusing the technology giant of favouring its own services and restricting competition in its app ecosystem.The…
Bengaluru, July 23 — IT bellwether Infosys on Thursday announced that its CEO and Managing Director Salil Parekh will step down from his role after nine years at the helm, as the company appointed Ashiss Kumar Dash as CEO-Designate.The company said Parekh will step down effective from April 1,…
New Delhi, July 23 — The Central government's Technology Development Board (TDB) has approved 22 projects with a total project cost of Rs 4,744 crore, extending RDIF support of Rs 2,192 crore to them, the Parliament was informed on Thursday.Biotechnology Industry Research Assistance Council (BIRAC)…
New Delhi, July 23 — The government on Thursday said the domestic space sector witnessed unprecedented momentum after landmark reforms, with private investment crossing $618.5 million, 105 authorisations being issued to private entities, and a robust regulatory framework being strengthened to…
New Delhi, July 23 — Improving rail accessibility for micro, small and medium enterprises (MSMEs) could unlock significant rail freight growth by lowering logistics costs and adding a customer segment for rail services, a report said on Thursday.The report from FICCI and KPMG in India said many…
Mumbai, July 23 — Infosys Limited on Thursday reported a consolidated net profit of Rs 7,775 crore for the first quarter of FY27, down 8.6 per cent from Rs 8,509 crore in the January-March quarter.On a year-on-year basis, however, the Bengaluru-headquartered IT major registered a 12.3 per cent…
New Delhi, July 23 — Pakistan’s finance minister, Muhammad Aurangzeb, has requested the US Treasury Secretary Scott Bessent for a $10 billion Exchange Stabilisation Support Facility to bolster the country’s foreign exchange reserves and ease debt pressures, a new report has said.The report from…
New Delhi, July 23 — InterGlobe Aviation -- the parent company of IndiGo -- on Thursday reported a consolidated net loss of Rs 238 crore for the first quarter of FY27, compared with a profit of Rs 2,176.3 crore in the corresponding period last year, which is a decline of about 90 per cent…
Mumbai, July 23 — Ahead of its proposed initial public offering (IPO), Juniper Green Energy Limited has, through an addendum to its Draft Red Herring Prospectus (DRHP) filed with SEBI on July 9, disclosed pending litigation involving the company, its subsidiaries, promoters, directors and key…
New Delhi, July 23 — The Union government told the Parliament on Thursday that no decision has been taken so far to increase ethanol blending with petrol beyond 20 per cent. Any future decision regarding higher ethanol blends will be taken only after detailed scientific and technical studies and…
Mumbai, July 23 — Indian equity benchmark indices extended their losing streak for a fourth consecutive session on Thursday as rising crude oil prices, triggered by fresh escalation in tensions between the United States and Iran, weighed on investor sentiment.The Sensex declined 364 points, or 0.47…
New Delhi, July 23 — Pakistan has ordered around 2,06,000 bales of cotton from the United States and is stepping up purchases from Brazil as domestic output falls, a new report has said, highlighting a growing dependence on imports ahead of the local harvest.The report from Bangladesh-based Daily…
New Delhi, July 23 — A total of 10,389 km of National High-Speed Corridors and Greenfield Expressways have been awarded across the country, of which 4,809 km have been completed while 5,580 km are under implementation, the government has informed Parliament.In a written reply in the Rajya Sabha,…
Islamabad, July 23 — The Pakistan government has raised the price of petrol by Pakistani Rupees (PKR) 6.39 while high-speed diesel (HSD) has been hiked by PKR 7.83 litre. After the latest decision, the petrol price in Pakistan now rises to PKR 327.12 per litre while HSD price stood at PKR 375.04.…
New Delhi, July 23 — With investments in China no longer turning out to be profitable due to the overcapacity in the economy with excessive competition that has triggered price wars, India is a much better destination to invest for European companies, according to an article in the Euractiv.The…
Mumbai, July 23 — India's largest multiplex operator, PVR INOX, on Thursday reported a nearly 70 per cent sequential decline in consolidated net profit to Rs 56.5 crore for the quarter ended June 2026.The multiplex operator clocked Rs 186.7 crore profit posted in the March quarter (Q4 FY26),…
Mumbai, July 23 — BSE Index Services Pvt. Ltd. -- a wholly-owned subsidiary of BSE -- on Thursday launched the BSE Total Market Index (TMI), a new benchmark designed to track the performance of companies representing 98 per cent of the BSE AllCap Index by total market capitalisation.According to…
Kathmandu, July 23 — Nepal's earnings from electricity exports surged in the fiscal year 2025-26 ending in mid-July, as the country exported growing volumes of surplus hydropower to India and Bangladesh during the wet season. India remains the primary destination for Nepal's electricity exports,…
New Delhi, July 23 — India’s pharma and healthcare sector recorded 65 deals worth $13.9 billion in the second quarter of 2026, a report said on Thursday.Despite lower activity, overall deal values remained resilient, the report from Grant Thornton Bharat said. Excluding a $11.8 billion deal which…
New Delhi, July 23 — War-risk insurance premiums for vessels operating on Gulf shipping routes have risen sharply amid escalating geopolitical tensions in West Asia, according to a report released on Thursday.As per analysis of Equirus Raghnall Insurance Broking, war-risk premiums on high-risk…
New Delhi, July 23 — Mercedes-Benz India on Thursday launched the Mercedes-AMG E 53 HYBRID 4MATIC+, marking the debut of the first electrified AMG E-Class sedan in the country as the luxury carmaker strengthens its plug-in hybrid (PHEV) portfolio under its "powertrain agnostic" strategy.Priced at…