Category: Business

Business

Electrical engineering firm Empowertrans commissions Odisha’s first digital process bus-based 132 KV grid station 

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Electrical engineering firm Empowertrans commissions Odisha’s first digital process bus-based 132 KV grid station 

Odisha deputy Chief Minister and Energy Minister K.V. Singh Deo facilitates Asit Pradhan, Managing Director, Empowertrans at an event on September 22, 2025. Photo: Special Arrangement Empowertrans, an electrical engineering company, serving power transmission infrastructure segments, for Power Utility and Power Generation industries across India, said it has successfully commissioned Odisha’s first-ever digital Process Bus-based 2×20 MVA,…

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Business

Essar firm Ultra Gas and Energy emerges as major LNG autofuel retailer in India

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Essar firm Ultra Gas and Energy emerges as major LNG autofuel retailer in India

Maqsood Shaikh, Managing Director & CEO, Ultra Gas & Energy Ltd Ultra Gas & Energy Ltd (UGEL), an Essar venture, said it has emerged as India’s “largest private operator and highest dispensing LNG refuelling outlets (RO)“, with six stations operational across major freight corridors.  These ROs are located at Bhilwara (Rajasthan), Anand (Gujarat), Chakan-Pune (Maharashtra),…

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Gold breaches ₹1.11 lakh/10 g in futures trade as traders await key U.S. inflation data

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Gold breaches ₹1.11 lakh/10 g in futures trade as traders await key U.S. inflation data

Gold prices breached the ₹1.11 lakh per 10 grams by jumping ₹799 in the domestic futures market on Monday (September 22, 2025) tracking strong global cues as investors looked ahead to key U.S. inflation data and comments from several Federal Reserve officials this week for further policy guidance. On the Multi Commodity Exchange (MCX), gold…

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Business

IT stocks tumble on U.S. H-1B visa fee hike concerns

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IT stocks tumble on U.S. H-1B visa fee hike concerns

Image used for representation purpose only. | Photo Credit: Reuters IT stocks dropped in morning trade on Monday (September 22, 2025), with Tech Mahindra tumbling over 6%, amid concerns over the steep hike in US H-1B visa fees. Shares of Tech Mahindra tumbled 6.45%, LTI Mindtree slumped 5.61%t, Persistent Systems dropped 5.51%, Hexaware Technologies tanked…

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Business

Rupee falls 5 paise to 88.21 against U.S. dollar in early trade

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Rupee falls 5 paise to 88.21 against U.S. dollar in early trade

Foreign Institutional Investors bought equities worth ₹390.74 crore on a net basis on September 19, 2025, according to exchange data. File | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Monday (September 22, 2025) and depreciated 5 paise to 88.21 against the U.S. dollar, as the strength of the American currency in…

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Stock markets decline in early trade dragged by IT firms on U.S. H-1B visa fee hike concerns

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Stock markets decline in early trade dragged by IT firms on U.S. H-1B visa fee hike concerns

Sun Pharma, Bharat Electronics, Axis Bank and Tata Steel were also among the laggards. File | Photo Credit: ANI Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (September 22, 2025), dragged by IT stocks amid concerns over the U.S. President Donald Trump’s decision to raise H-1B visa fees to $100,000 per worker….

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Business

News GST rates LIVE: GST rate cuts set to kick in today; goods and services to be cheaper

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News GST rates LIVE: GST rate cuts set to kick in today; goods and services to be cheaper

Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday (September 22, 2025) as the reduced Goods and Services Tax (GST) rates on about 375 items come into effect. In a bonanza to consumers, the GST Council, comprising Centre and States, has decided to reduce tax rates on…

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Business

When trust breaks down – The Hindu

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When trust breaks down – The Hindu

In the early days, hospitalisation meant paying the bill in cash, filing claims with discharge summaries and bills and waiting for insurer to decide if the treatment was covered. Even if approved, deductions for sub-limits, uncovered expenses or treatments deemed “unnecessary” meant the insured rarely got the full amount. The process often forced families into…

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