Category: Business

The demand for wealth management services in India has expanded steadily over the past few years, driven by rising household incomes, financialisation of savings, and a growing preference for professional asset allocation. In FY24, assets under management in the wealth management segment were estimated at around Rs 95 lakh crore. This pool is projected to…

Read More “Can Recurring Revenue Power Its Rs 2,100-Crore Profit Ambition?” »

Vodafone Idea Ltd. on Tuesday posted a net loss of Rs 5,286 crore for the quarter ended December 2025, which was marginally narrower as compared to 5,524 crore in the preceding quarter.  The telecom firm’s revenue saw a modest uptick of 1.1% to Rs 11,323 crore, as against Rs 11,195 crore in the three months ended September….

Read More “Telco Trims Net Loss, ARPU Rises 3%” »

Wall Street opened on a mixed note on Tuesday amid anticipation around Big Tech earnings. The S&P 500 and Nasdaq Composite opened in the green, whereas the Dow Jones Industrial Average opened in the red.  The wider index, S&P 500, rose 0.22% or 15.33 points to trade at 6,965.56, whereas the tech-heavy Nasdaq opened 0.51%…

Read More “S&P 500 Nears New Record; Nasdaq Edges Higher Ahead Of Big Tech Earnings” »

Indian Oil Corp., the country’s largest refiner, will buy at least 24 million barrels of Brazilian crude this year and next as it continues to diversify supplies, according to an executive at the state-owned firm who asked not to be identified.The country’s largest refiner purchased 18 million barrels last year, he added. India, which has…

Read More “Indian Oil To Buy More Brazil Barrels Over Next Two Years” »

Finance Minister Nirmala Sitharaman is set to present the budget on Feb. 1, this being her ninth budget in a row amid an geopolitical uncertainty and 7.4% growth rate. She is being assisted by notable bureaucrats who are helping her design and finalise the contents of this undertaking. Here’s a look at some these prominent…

Read More “Meet The Key Officials Assisting FM Sitharaman” »

Vedanta Ltd.’s committee of directors has approved the sale of 1.59% stake in Hindustan Zinc Ltd. The stake sale will take place through an offer for sale, as per an exchange filing on Tuesday. The mining major’s board has approved the sale of 6.7 crore paid-up equity shares in Hindustan Zinc through the OFS. In a…

Read More “Vedanta To Trim Stake In Hindustan Zinc Via OFS, Floor Price Fixed” »

Google was handed a six-month European Union deadline to lift technical barriers to rival AI search assistants on Android and give key data to other search engine providers in the latest round of its Big Tech crackdown.  EU watchdogs announced under the bloc’s flagship DMA they would review whether Google is in compliance with strict laws…

Read More “Google Android Told by EU To Open Up To Rival AI Systems” »