Category: Business

Business

Case against Ola Electric founder, senior officials after death of employee

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Case against Ola Electric founder, senior officials after death of employee

“Ola Electric is fully cooperating with the authorities in their ongoing investigation and remains committed to maintaining a safe, respectful, and supportive workplace for all employees,” Ola Electric’s statement said. File | Photo Credit: Reuters A case has been registered against the founder of Ola Electric and other senior officials of the company following the…

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Business

Stock markets surge for fourth day; Sensex jumps over 411 points

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Stock markets surge for fourth day; Sensex jumps over 411 points

Representative image. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty ended higher on Monday (October 20, 2025), taking their winning run to the fourth day in a row, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows. A sharp rally in global markets also added to the markets’ optimism….

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Business

Rupee rises 9 paise to close at 87.93 against U.S. dollar

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Rupee rises 9 paise to close at 87.93 against U.S. dollar

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee rose 9 paise to close at 87.93 (provisional) against the U.S. dollar on Monday (October 20, 2025), supported by foreign fund inflows and lower crude oil prices. Positive sentiments in the domestic equity markets lent further support to the local unit, according to forex traders. At…

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Gold, silver regain sheen on Deepavali as safe-haven demand, value buying rise

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Gold, silver regain sheen on Deepavali as safe-haven demand, value buying rise

Gold and silver prices regained their shine on Monday (October 20, 2025), rising in the domestic futures market as investors turned to value buying after a brief pullback from record highs and renewed appetite for safe haven assets amid global uncertainties. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed ₹982, or…

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Business

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Business

Rupee spurts 14 paise to 87.88 against U.S. dollar in early trade

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Rupee spurts 14 paise to 87.88 against U.S. dollar in early trade

Image Used for representation. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 14 paise to a month’s high of 87.88 against the U.S. dollar in early trade on Monday (October 20, 2025) on foreign fund inflows and lower crude oil prices. Sharp gains in the domestic stock market also bolstered the rupee sentiment. At the…

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Business

ICICI Bank commits ₹625 crore to set up radiation therapy facilities at Tata Memorial Centre, Navi Mumbai

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ICICI Bank commits ₹625 crore to set up radiation therapy facilities at Tata Memorial Centre, Navi Mumbai

(L to R) Dr. Sudeep Gupta, Director, Tata Memorial Centre; Sandeep Batra, Executive Director, ICICI Bank; Pradeep Kumar Sinha, Chairman, ICICI Bank and Ajay Gupta, Executive Director, ICICI Bank. ICICI Bank, along with Tata Memorial Centre (TMC), have announced the commencement of construction of a new cancer care building at TMC’s Advanced Centre for Treatment,…

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Business

RBL Bank eyes to join league of big banks post $3 billion deal with UAE’s ENBD Bank

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RBL Bank eyes to join league of big banks post billion deal with UAE’s ENBD Bank

Rajeev Ahuja, Executive Director, R Subramaniakumar, MD & CEO, Jaideep Iyer, Head-Strategy, RBL Bank at a press conference in Mumbai on October 19, 2025 | Photo Credit: Lalatendu Mishra Post signing the $3 billion deal to sell upto 60% stake to Emirates NBD Bank, UAE’s second largest public sector bank, the RBL Bank, a mid-size bank,…

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

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

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…

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