Category: Business

Business

Coal India workers to receive ₹1.03 lakh as performance-linked rewards

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Image for representational purposes only. | Photo Credit: Reuters Workers of Coal India and its subsidiaries would be receiving ₹1.03 lakh in performance-linked rewards, accruing for FY 2024-25, the company informed Thursday (September 25, 2025). In an exchange filing, the public sector undertaking informed the total financial implication for paying their approx. 2.1 lakh workers…

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Oracle, Silver Lake part of group of investors who will own about 50% of TikTok U.S., source says

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A 3D-printed miniature model depicting U.S. President Donald Trump in front of TikTok logo is shown in this illustration taken September 24, 2025. | Photo Credit: Reuters A group of three investors, including Oracle and private-equity firm Silver Lake, will take a roughly 50% stake in TikTok U.S., a source familiar with the deal said…

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Businesses shut down because of law, online gaming companies tell Supreme Court

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Online casino concept. Laptop with roulette, slot machine, casino chips and playing cards isolated on black background. 3d illustration | Photo Credit: Photo Credit: Getty Images/iStockPhoto Online gaming companies on Friday (September 26, 2025) told the Supreme Court of India that their “businesses are shut down” owing to the new law which bans real money…

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Sensex, Nifty tank nearly 1% on selling in pharma, IT shares after new Trump tariffs on drugs

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Representational image of the Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark stock indices Sensex and Nifty tumbled nearly 1% on Friday (September 26, 2025), marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as U.S. President Donald Trump announced 100% duties on pharmaceutical drugs…

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Rupee rises 4 paise to close at 88.72 against U.S. dollar

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Image for representational purposes only. | Photo Credit: Getty Images The rupee rebounded from its all-time low to close 4 paise higher at 88.72 (provisional) against the U.S. dollar on Friday (September 26, 2025), tracking a weak greenback against major currencies overseas and a drop in global crude oil prices. Unabated foreign capital outflows and…

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India held ‘constructive’ meetings in U.S., does not reveal date of next official negotiation round: Government

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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Indian delegation led by Commerce Minister Piyush Goyal held “constructive” meetings with officials in the US government during its visit to New York this week, the Ministry of Commerce and Industry said in a statement.  It added that the two sides also discussed…

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India’s compute consumption still remains low; with students having only a tiny access to computers

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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s current compute consumption per annum is 15 million PCs and students accounted for only a tiny portion of it, said Santosh Viswanathan, vice president and Managing Director, India Region Head at an Intel education event, PathAI Ka Future, in Bengaluru on Thursday (September 25,…

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Turkish Airlines to expand fleet with 225 new Boeing aircraft after Tayyip Erdogan’s U.S. visit

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Turkish Airlines operates one of the world’s largest flight networks. Files | Photo Credit: AP Turkish Airlines, Turkiye’s national carrier, has announced plans to add 225 Boeing aircraft to its fleet. In a declaration to the Istanbul Stock Exchange on Friday (September 26, 2025), the airline said it has decided to purchase 75 Boeing B787-9…

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Somerville College, University of Oxford, honours Tata Sons chairman Natarajan Chandrasekaran with Foundation Fellowship

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Natarajan Chandrasekaran. File | Photo Credit: Special Arrangement Somerville College, University of Oxford, has announced the election of Natarajan Chandrasekaran, chairman of Tata Sons, as a Foundation Fellow of Somerville College. A Foundation Fellowship is the highest honour conferred by Somerville College for philanthropy. Mr. Chandra, as he is popularly called was elected to the…

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Immediate impact on Indian pharma exports unlikely: Pharmexcil chairman Namit Joshi 

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Pharmexcil chairman Namit Joshi. File | Photo Credit: Special Arrangement India’s pharma exporters body Pharmexcil does not anticipate any immediate impact of the 100% tariff on branded and patented pharmaceutical imports the U.S. President Donald Trump annnounced on September 25 (Thursday) that left the world trade already reeling under his other recent tariff decisions in…

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