Category: Business

Business

AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

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AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

Manikiran Chowhan said AI has vaulted up the priority list for Indian service leaders — from 7th position to 2nd position in just one year, and Indian service leaders’ top priorities remained the same over the years: better customer experience, security and accuracy. | Photo Credit: Reuters Salesforce, a Californian AI CRM firm, on Wednesday (November…

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Business

Rupee falls 7 paise to 88.69 against U.S. dollar in early trade

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Rupee falls 7 paise to 88.69 against U.S. dollar in early trade

Image for representational purposes only. | Photo Credit: Reuters The rupee traded in a narrow range and depreciated by 7 paise to 88.69 against the U.S. dollar in early trade on Thursday (November 13, 2025), as strong U.S. dollar index and a muted trend in domestic equities weighed on investors’ sentiment. Forex traders said the…

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Business

Venu Srinivasan halted new inductions in Sir Ratan Tata Trust

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Venu Srinivasan halted new inductions in Sir Ratan Tata Trust

File photo of Venu Srinivasan. File | Photo Credit: The Hindu The Tata Trusts meeting on November 11 was not without drama. Venu Srinivasan, a trustee in the Sir Ratan Tata Trust (SRTT) and its Vice-Chairman, is learnt to have objected to the manner in which a resolution proposing to appoint Neville Tata and Bhaskar…

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Business

Union Cabinet clears new royalty rates of critical minerals

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Union Cabinet clears new royalty rates of critical minerals

Caesium and rubidium would be subject to a royalty rate of 2% on the average sale price based on the specific metal contained in the ore produced. | Photo Credit: The Hindu Seeking to reduce import dependency and vulnerabilities in the supply chain of critical minerals, the Union Cabinet Wednesday (November 13, 2025), approved the…

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Business

Tata Steel Q2 PAT surges 319% to ₹3,183 crore, board clears ₹1,100 crore acquisition of 50% more stake in TBSPL

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Tata Steel Q2 PAT surges 319% to ₹3,183 crore, board clears ₹1,100 crore acquisition of 50% more stake in TBSPL

File photo of Tata Steel. | Photo Credit: Reuters Tata Steel Ltd. for the second quarter ended September 30, 2025, reported 319% growth in consolidated net profit to ₹3,183 crore from ₹759 crore in the year ago period. Consolidated turnover for the quarter dropped 1.34% to ₹53,178 crore. The India business reported net profit of…

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Business

Ashok Leyland Q2 net profit rises 7% to ₹756 crore; board declares interim dividend of ₹1 per share

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Ashok Leyland Q2 net profit rises 7% to ₹756 crore; board declares interim dividend of ₹1 per share

File photo of Ashok Leyland | Photo Credit: The Hindu Ashok Leyland Ltd. for the second quarter ended September 20, 2025, reported 7% growth in consolidated net profit [attributed to owners of the company] to ₹756 crore as compared with ₹706 crore in the year-ago period. During the quarter revenue increased 9% year on year…

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Business

MSMEs seek measures to address funding gap

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MSMEs seek measures to address funding gap

The MSMEs need measures to address the funding gap the sector faced, said the president of the Coimbatore District Small Industries Association M. Karthikeyan, at a pre-budget meeting organised by the Union Finance Minister Nirmala Sitharaman in New Delhi on Wednesday (November 12, 2025) with MSME associations. The MSMEs need ₹30 lakh crore, according to…

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Business

Petroleum Minister Hardeep Puri meets Canadian Trade Minister to discuss hydrocarbons trade

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Petroleum Minister Hardeep Puri meets Canadian Trade Minister to discuss hydrocarbons trade

India’s Petroleum Minister Hardeep Singh Puri (L) with Canada’s Minister for International Trade Maninder Sidhu on November 12, 2025. Photo: X/@@HardeepSPuri Union Petroleum Minister Hardeep Singh Puri met Canada’s Minister for International Trade Maninder Sidhu Wednesday (November 12, 2025) to discuss bilateral hydrocarbon trade between the two nations. Mr. Puri wrote in a social media…

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Business

Govt approves Export Promotion Mission with outlay of ₹25,060 crore for six years

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Govt approves Export Promotion Mission with outlay of ₹25,060 crore for six years

Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw during a Cabinet Briefing. File. | Photo Credit: ANI The government on Wednesday (November 12, 2025) approved an Export Promotion Mission with an outlay of ₹25,060 crore for six financial years, beginning this fiscal, a move which will help exporters deal…

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Business

ONGC announces end of ‘force majeure’ of Mozambique LNG project

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ONGC announces end of ‘force majeure’ of Mozambique LNG project

The overseas arm of the exploration and production company, ONGC Videsh holds 16% interest in the project through its subsidiaries | Photo Credit: Reuters State-owned explorer ONGC Wednesday announced the formal end of the force majeure of the Area 1 LNG project in Mozambique. It informed that the consortium of the 13.12 million metric tonnes…

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