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Category: Business

Business

PhonePe Gets SEBI nod for IPO; company to file updated DRHP soon

Posted on January 20, 2026 By admin
PhonePe Gets SEBI nod for IPO; company to file updated DRHP soon

Representational image | Photo Credit: Getty Images PhonePe has received SEBI approval for its IPO, and the company will be filing its Updated Draft Red Herring Prospectus (UDRHP) soon, setting the stage for India’s most anticipated fintech IPO in the near horizon, as per sources familiar with the development. The IPO will be an Offer…

Read More “PhonePe Gets SEBI nod for IPO; company to file updated DRHP soon” »

Business

WEF 2026: EU leaders take stage in Davos as Donald Trump rocks global order

Posted on January 20, 2026 By admin
WEF 2026: EU leaders take stage in Davos as Donald Trump rocks global order

People attend the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland. | Photo Credit: Reuters European leaders take the stage on Tuesday (January 20, 2026) ahead of Donald Trump at the gathering of global elites in Davos, as the US president dangles tariff threats in a bid to pressure the EU over Greenland….

Read More “WEF 2026: EU leaders take stage in Davos as Donald Trump rocks global order” »

Business

Key terms that will help you understand Budget 2026

Posted on January 20, 2026 By admin
Key terms that will help you understand Budget 2026

The Budget, which will be tabled in Parliament by Finance Minister Nirmala Sitharaman on February 1, 2026, is the Government’s blueprint on expenditure, taxes it plans to levy, and other transactions that affect the economy and lives of citizens. She will present the Budget against a backdrop of geopolitical uncertainties and a steep 50% U.S….

Read More “Key terms that will help you understand Budget 2026” »

Business

WEF 2026: Maharashtra signs investment MoUs worth ₹14.5 lakh crore on first day at Davos

Posted on January 20, 2026 By admin
WEF 2026: Maharashtra signs investment MoUs worth ₹14.5 lakh crore on first day at Davos

In this image posted on Jan. 20, 2026, Maharashtra Chief Minister Devendra Fadnavis meets Head of Urban Transformation and Member of the Executive Committee, World Economic Forum, Jeff Merritt on the sidelines of the World Economic Forum Annual Meeting, in Zurich, Switzerland. Photo: @Dev_Fadnavis/X via PTI Photo Maharashtra Government on Monday (January 19, 2026) signed…

Read More “WEF 2026: Maharashtra signs investment MoUs worth ₹14.5 lakh crore on first day at Davos” »

Business

Stock markets drop in early trade on relentless foreign fund outflows, geopolitical tensions

Posted on January 20, 2026 By admin
Stock markets drop in early trade on relentless foreign fund outflows, geopolitical tensions

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Getty Images Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday (January 20, 2026) as relentless foreign fund outflows and geopolitical tensions weighed on investors’ sentiment. The 30-share BSE Sensex declined 311.33 points to 82,934.85 in early trade. The…

Read More “Stock markets drop in early trade on relentless foreign fund outflows, geopolitical tensions” »

Business

Rupee falls 8 paise to 90.98 against U.S. dollar

Posted on January 20, 2026 By admin
Rupee falls 8 paise to 90.98 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 8 paise to 90.98 against the American currency in early trade on Tuesday (January 20, 2026), as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainty, including renewed U.S. expansionary…

Read More “Rupee falls 8 paise to 90.98 against U.S. dollar” »

Business

TCS incorporates regional HQ in Saudi Arabia

Posted on January 19, 2026 By admin
TCS incorporates regional HQ in Saudi Arabia

Tata Consultancy Services (TCS). | Photo Credit: Reuters Tata Consultancy Services Ltd (TCS) said it has incorporated its regional headquarters in the Kingdom of Saudi Arabia with an investment of 1.65 million Saudi Riyals, complying with the Saudi government’s project bidding norms. In a regulatory filing, TCS informed the stock exchanges that the company named…

Read More “TCS incorporates regional HQ in Saudi Arabia” »

Business

Government removes QCO on textile machinery imports

Posted on January 19, 2026 By admin
Government removes QCO on textile machinery imports

There will be no quality control standards on imported textile machinery | Photo Credit: ANI The Union Ministry of Heavy Industries has rescinded its order issued on August 24, 2024 relating to quality standards for machinery and electrical equipment safety. With this, there will be no quality control standards on imported textile machinery. Weaving and…

Read More “Government removes QCO on textile machinery imports” »

Business

BHEL reports 3-fold jump in net profit to ₹390 crore in Q3

Posted on January 19, 2026 By admin
BHEL reports 3-fold jump in net profit to ₹390 crore in Q3

From the power segment, the company earned a revenue of ₹6,322.36 crore compared to ₹5,588.45 crore a year ago. | Photo Credit: SHIV KUMAR PUSHPAKAR Bharat Heavy Electricals Ltd (BHEL) on Monday (January 19, 2026) posted a three-fold jump in consolidated net profit to ₹390.40 crore for the December quarter, mainly due to increased revenues…

Read More “BHEL reports 3-fold jump in net profit to ₹390 crore in Q3” »

Business

TVS Infrastructure Trust raises ₹830 crore under first tranche of ₹1,100-crore NCD programme

Posted on January 19, 2026 By admin
TVS Infrastructure Trust raises ₹830 crore under first tranche of ₹1,100-crore NCD programme

TVS Infrastructure Trust, an Infrastructure Investment Trust (InvIT) sponsored by TVS Industrial & Logistics Parks (TVS ILP), on Monday (January 19, 2026) said that it has raised ₹830 crore under tranche-1 of its ₹1,100 crore Non-Convertible Debenture (NCD) programme. The company, in a statement, said the funds were raised through a 20-year, long-tenor bond issuance,…

Read More “TVS Infrastructure Trust raises ₹830 crore under first tranche of ₹1,100-crore NCD programme” »

Business

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