Category: Business

Business

NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain

October 19, 2025 admin

Logo of TVS Supply Chain Solutions. Photo: Special Arrangement The National Company Law Tribunal (NCLT) has dismissed an insolvency plea against the Indian unit of telecom gear manufacturer ZTE filed by TVS Supply Chain Solutions after observing a pre-existing dispute between the parties. A Chandigarh-based bench of the NCLT, the debt claimed by TVS Supply…

Business

What are the new PF withdrawal guidelines? | Explained

October 18, 2025 admin

Though employees can withdraw up to 100% of the eligible balance in the PF including employee and employer share during their service, a new provision has been made that 25% of the contributions in an account should be maintained as minimum balance at all times. File. | Photo Credit: Supreet Sapkal The story so far:…

Business

Employees’ Union protests Emirates NBD’s takeover of RBL Bank for ₹26,850 crore, says it’s an onslaught of foreign capital on Indian banking

October 18, 2025 admin

Private sector RBL Bank Ltd’s Employees Union has protested the takeover of the bank by UAE’s public sector lender, Emirates NBD for $3 billion and said this was an onslaught by international finance capital. “In recent years, we have witnessed a concerning trend of increasing foreign control over Indian banks. It began with Laxmi Vilas Bank,…

Business

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October 18, 2025 admin

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Business

GST rate cut benefits reaching consumers, government monitoring prices of 54 items

October 18, 2025 admin

Union Finance Minister Nirmala Sitharaman addresses a press conference, in New Delhi on October 18, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (October 18, 2025) said the benefits of GST reforms are reaching consumers in the form of reduced prices. Addressing a press conference on GST Bachat Utsav, she said the…

Business

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October 18, 2025 admin

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Business

WOL3D launches BRAHMA, a 3D printing farm to aid smart manufacturing

October 18, 2025 admin

With over 200 3D printers operating 24×7, BRAHMA represents a new era of mass customisation, rapid prototyping, and on-demand manufacturing—all under one roof, the company said. WOL3D — a Mumbai-based company in the 3D printing industry — announced the launch of BRAHMA, a consumer 3D Printing farm to empower creators, businesses, and industries with scalable, efficient,…

Business

IndiGo to buy 30 more wide-body A350-900 planes

October 18, 2025 admin

With the latest announcement from IndiGo, which did not disclose financial details, now the total confirmed orders for the wide-body A350-900 stands at 60. | Photo Credit: B. Velankanni Raj IndiGo on Friday (October 18, 2025) announced a firm order to buy 30 additional A350-900 planes from Airbus as the country’s largest airline seeks to…

Business

Stock markets rise for third day, Sensex jumps 484.53 points on gains in banking, oil shares

October 17, 2025 admin

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex spurted by 484 points and Nifty closed above 25,700 on Friday (October 17, 2025), extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE…

Business

Rupee falls 7 paise to close at 88.03 against U.S. dollar

October 17, 2025 admin

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday (October 17, 2025), weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude…

Business