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Category: Business and Trade news

Torrent Pharma to buy controlling 46.39 pc stake in JB Chemicals for Rs 25,689 crore

Torrent Pharma to buy controlling 46.39 pc stake in JB Chemicals for Rs 25,689 crore

Business and Trade news June 30, 2025

New Delhi, June 29 (IANS) Torrent Pharmaceuticals, the flagship company of the Torrent Group, on Sunday announced to buy a controlling 46.39 per cent stake in JB Chemicals and Pharmaceuticals… Continue reading Torrent Pharma to buy controlling 46.39 pc stake in JB Chemicals for Rs 25,689 crore

Time to transform statistical system with advanced technological tools: Minister

Time to transform statistical system with advanced technological tools: Minister

Business and Trade news June 30, 2025

New Delhi, June 29 (IANS) Union Minister Rao Inderjit Singh on Sunday lauded Ministry of Statistics for transparent and inclusive approach, urging the statistical community to support the national vision… Continue reading Time to transform statistical system with advanced technological tools: Minister

Tata Steel gets GST show-cause notice over alleged Rs 1,000 crore tax credit irregularity

Tata Steel gets GST show-cause notice over alleged Rs 1,000 crore tax credit irregularity

Business and Trade news June 29, 2025

Mumbai, June 29 (IANS) Tata Steel on Sunday said it has received a show-cause-cum-demand notice from the tax department over an alleged irregular use of input tax credit worth over… Continue reading Tata Steel gets GST show-cause notice over alleged Rs 1,000 crore tax credit irregularity

India's auto sector powers  trillion economy dream with record growth in EVs, exports, jobs

India’s auto sector powers $5 trillion economy dream with record growth in EVs, exports, jobs

Business and Trade news June 29, 2025

New Delhi, June 29 (IANS) As India moves closer to achieving its $5 trillion economy dream, the automobile sector is emerging as a strong pillar of growth by contributing around… Continue reading India’s auto sector powers $5 trillion economy dream with record growth in EVs, exports, jobs

9 of top 10 most valued firms add Rs 2.34 lakh crore in market cap this week

9 of top 10 most valued firms add Rs 2.34 lakh crore in market cap this week

Business and Trade news June 29, 2025

Mumbai, June 29 (IANS) Nine out of India’s 10 most valuable companies saw a combined increase of Rs 2.34 lakh crore in market capitalisation this week, as strong momentum in… Continue reading 9 of top 10 most valued firms add Rs 2.34 lakh crore in market cap this week

Market outlook: PMI, auto sales, FII activity, key economic data to drive stock market this week

Market outlook: PMI, auto sales, FII activity, key economic data to drive stock market this week

Business and Trade news June 29, 2025

Mumbai, June 29 (IANS) Major factors, including auto sales figures, PMI data, Foreign Institutional Investor (FII) activity, and international economic updates, are expected to drive the Indian stock market this… Continue reading Market outlook: PMI, auto sales, FII activity, key economic data to drive stock market this week

FII buying at Rs 8,915 crore in June to date amid sound market fundamentals

FII buying at Rs 8,915 crore in June to date amid sound market fundamentals

Business and Trade news June 29, 2025

Mumbai, June 29 (IANS) The foreign institutional investors’ (FIIs) buying, through the exchange and primary market and others category, stood at Rs 8,915 crore this month (till June 27), analysts… Continue reading FII buying at Rs 8,915 crore in June to date amid sound market fundamentals

Over 130 UK GCCs in India generate .5 billion annually, employ 2 lakh people: Report

Over 130 UK GCCs in India generate $6.5 billion annually, employ 2 lakh people: Report

Business and Trade news June 29, 2025

New Delhi, June 29 (IANS) Over 130 UK Global Capability Centres (GCCs) have been set up in India (as of FY24) — making them the second-largest GCC cohort in India… Continue reading Over 130 UK GCCs in India generate $6.5 billion annually, employ 2 lakh people: Report

Hyundai, Kia claim 11 pc US market share in Jan-May

Hyundai, Kia claim 11 pc US market share in Jan-May

Business and Trade news June 29, 2025

Seoul, June 29 (IANS) Hyundai Motor and its smaller affiliate Kia claimed a combined 11 per cent share of the US auto market in the January-May period despite import tariffs,… Continue reading Hyundai, Kia claim 11 pc US market share in Jan-May

US Senate reduces remittance tax to 1 pc from 3.5 pc in relief for NRIs

US Senate reduces remittance tax to 1 pc from 3.5 pc in relief for NRIs

Business and Trade news June 28, 2025

Washington, June 28 (IANS) The US Senate has proposed to reduce remittance transfer tax from 3.5 per cent to just 1 per cent, offering considerable relief to non-resident Indians (NRIs).… Continue reading US Senate reduces remittance tax to 1 pc from 3.5 pc in relief for NRIs

Govt sets up task force to roll out India Energy Stack for digital push to power sector

Govt sets up task force to roll out India Energy Stack for digital push to power sector

Business and Trade news June 28, 2025

New Delhi, June 28 (IANS) The Ministry of Power has announced the launch of a task force to conceive the India Energy Stack, a pioneering initiative aimed at creating a… Continue reading Govt sets up task force to roll out India Energy Stack for digital push to power sector

Nifty rises 6.8 pc in H1 2025 amid global uncertainty

Nifty rises 6.8 pc in H1 2025 amid global uncertainty

Business and Trade news June 28, 2025

Mumbai, June 28 (IANS) The Nifty index has risen 6.8 per cent year-to-date (YTD) as of June 25 — reflecting steady investor confidence despite global uncertainty, according to the ‘NSE… Continue reading Nifty rises 6.8 pc in H1 2025 amid global uncertainty

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