Category: Business

Business

SIA commits to long-term growth of Air India, to evaluate additional capital infusion

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SIA commits to long-term growth of Air India, to evaluate additional capital infusion

Singapore Airlines. | Photo Credit: Reuters With question marks being raised on Air India’s future amidst mounting losses and delay in it’s turnaround plan, Singapore Airlines (SIA) has reposed it’s long-term commitment for Air India in which it holds 25.1% stake. It said its investment in Air India received the full attention of its board…

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Business

CAS here to stay, but open to review for improvement: SEBI

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CAS here to stay, but open to review for improvement: SEBI

CAS is a major microstructure change. | Photo Credit: Reuters The new Closing Auction Session (CAS) mechanism for determining closing prices is “here to stay”, even as the market regulator Securities Exchange Board of India (SEBI) remains open to stakeholder feedback and possible tweaks to address any issues and for improvement. “CAS is here to…

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Business

SEBI proposes advertisement code for online bond platforms

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SEBI proposes advertisement code for online bond platforms

The Securities and Exchange Board of India (SEBI) has proposed an advertisement code for online bond providers platform (OBPP) to boost reach and on account of need for investor awareness about this asset class, according to a consultation paper released August 21.  “The increasing reach and impact of such advertisements necessitate a review of the…

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Business

Ola Electric brings indigenous Bharat Cell LFP tech to mass market with all-new S1Z

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Ola Electric brings indigenous Bharat Cell LFP tech to mass market with all-new S1Z

Representational image only. File | Photo Credit: Reuters Ola Electric on Friday (August 28, 2026) announced the launch of the all-new S1Z, the first scooter range in India to bring the company’s indigenously developed Bharat Cell LFP technology to the mass market. “The S1Z brings Ola’s indigenous 46 series LFP cell platform technology, developed at…

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Business

CSR spending lacks deep impact, job creation: Amitabh Kant

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CSR spending lacks deep impact, job creation: Amitabh Kant

Former NITI Aayog CEO Amitabh Kant has called on Indian companies to move beyond conventional corporate social responsibility (CSR) initiatives and invest in scalable, job-creating rural entrepreneurship models that can deliver meaningful social impact. Speaking at an event organised by Suzuki Motor Corporation in Bengaluru on Friday, Kant said India must prioritise technology-driven, job-rich entrepreneurship…

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Business

Government to introduce fortnightly sugar allocation

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Government to introduce fortnightly sugar allocation

The Centre has decided to introduce from September fortnightly sugar allocation system replacing the existing monthly quota system. According to an official press release, the mills will be required to sell at least 40 % of the allocation in the first week and remaining quantity in the succeeding week. The statement said that physical verification…

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Business

1991 reforms could have begun in 1981, but not during Rajaji’s time, says Chidambaram

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1991 reforms could have begun in 1981, but not during Rajaji’s time, says Chidambaram

Former Union Minister P. Chidambaram during an interview with The Hindu. | Photo Credit: The Hindu India could have carried out economic reforms 10 years before 1991, but “certainly not” during the time of Swatantra Party’s founder C. Rajagopalachari, the first and only Indian governor-general of independent India, former Union Minister P. Chidambaram told The Hindu…

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Business

India’s plant-protein ingredients market seen doubling to ₹9,000 cr in five years

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India’s plant-protein ingredients market seen doubling to ₹9,000 cr in five years

India’s plant-protein ingredients market is expected to double from its current estimated size of ₹4,500 crore over the next five years, driven by rising demand for protein-rich, nutraceutical and functional food products, according to industry estimates. “India is witnessing a clear shift from calorie-consciousness to nutritional consciousness, with protein emerging as a key driver of…

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Business

IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

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IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

Image used for representational purposes only. | Photo Credit: S.R. Raghunathan India’s industrial growth in July 2026 stood at 6.7%, slower than the 8.8% seen in June. July’s performance of the Index of Industrial Production (IIP) was, however, the second-best growth the Index has seen since December last year, and was buoyed by the manufacturing…

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Business

​Stock markets rebound, ending 2-day losing streak on buying in IT firms; Sensex jumps 331 points

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​Stock markets rebound, ending 2-day losing streak on buying in IT firms; Sensex jumps 331 points

Benchmark equity indices Sensex and Nifty rebounded on Friday (August 28, 2026) after two days of losses and ended higher, tracking buying in blue-chip IT stocks and a rally in global markets. The 30-share BSE Sensex climbed 330.92 points, or 0.43%, to settle at 77,264.51. During the day, it jumped 424.38 points, or 0.55%, to…

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Business