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'It Will Not Impact Our Workforce Strategy & Customer Engagement': TCS Reacts To US Suspension From Green Card Programme
Tata Consultancy Services (TCS), India's largest IT services exporter, has said the US suspension of its access to the Permanent Labor Certification (PERM) programme will not affect its workforce strategy or client engagements. The company made the statement in a filing to the BS...
Colaba businessman loses ₹4.92 crore in share-trading scam
MUMBAI: A 56-year-old Colaba travel agency owner lost ₹4
Madhya Pradesh Receives Investment Proposals Of ₹ 90k Crore
Bhopal (Madhya Pradesh): The state received investment proposals worth Rs 90,000 crores from various industrial groups at an event in Mumbai on Thursday. The business proposals came on the heels of Chief Minister Mohan Yadav's one-to-one interaction with the head of top industria...
Mumbai NCLT Tops India With 35 Resolution Plans Worth Over ₹4,189 Crore In Q2 FY2026-27
Mumbai, October 8, 2026: The Mumbai Bench of the National Company Law Tribunal (NCLT) emerged as the top-performing bench in the country by approving 35 resolution plans worth more than Rs 4,189 crore during the July-September quarter of 2026. The performance comes as the NCLT re...
Mumbai FDA Suspends Licences Of 6 Food Outlets Including Bhagat Tarachand, Barista Over Filthy Freezers, Pest Infestation
Mumbai: Popular restaurant chain Bhagat Tarachand and coffee chain Barista are among six food establishments in the Mumbai and Konkan divisions whose licences/registrations have been suspended by the Food and Drug Administration (FDA) following inspections that found serious hygi...
Watch: Rat found swimming in gulab jamun container at Bhiwandi sweet shop; FDA orders closure
A video appeared on social media showing a rat swimming in a container of gulab jamuns. This alarming footage led to protests from local residents demanding action against the sweet shop. The Food and Drug Administration inspected the shop and found it lacked the necessary regist...
Maiden Forgings H1 FY27 Revenue Up 16% to ₹127 Crore, Sales Volume Rises 14.2% YoY
Mumbai: Maiden Forgings Limited announced on Monday that its revenue from operations for the first half of fiscal year 2027 reached approximately ₹127 crore, marking a year-on-year growth of about 16%. The company's total sales volume stood at approximately 19,239.35 metric tonne...
UPI MDR: Keeping Customer Confidence at the Centre
By Kalyan Kumar MD and CEO, Central Bank of India UPI has changed the way India makes payments. From neighbourhood shops and local markets to large establishments, scanning a QR code and making an instant payment has become part of our daily routine. Its success has come from its...
AdCounty Media Partners Dailymotion To Boost AI-Powered Video Advertising In India
Mumbai: AdCounty Media India Limited on 8 October 2026 announced a collaboration with Dailymotion, a global media company, to bring its video advertising and artificial intelligence (AI)-driven solutions to the Indian market. Partnership Details The collaboration will allow India...
Piccadily Distilleries Launches Indri Diwali Collector's Edition 2026, Limited To 600 Bottles
Mumbai: Piccadily Agro Industries Ltd, through its subsidiary Piccadily Distilleries, announced on Thursday the launch of the Indri Diwali Collector's Edition 2026. This rare Ruby Port Cask expression will be limited to 600 individually numbered bottles for the Indian market, the...
Kiaasa Retail To Open Six New Stores In UP, Rajasthan, Bihar Ahead Of Festive Season
Mumbai: Kiaasa Retail Ltd on Thursday, 8 October 2026, announced the opening of six new exclusive retail stores . The expansion is timed ahead of the upcoming festive and wedding season, strengthening the company's presence across Uttar Pradesh, Rajasthan, and Bihar . Store Locat...
ONGC Invests ₹25 Crore In New Petrochemicals Venture, Forms ₹50 Crore Joint Company With MRPL And OPaL
Mumbai: State-owned Oil and Natural Gas Corporation (ONGC) has announced the incorporation of ONGC Petrochemicals Marketing Limited (OPML), a new joint venture aimed at strengthening the group's petrochemicals marketing and trading business. The company was incorporated on Octobe...
India On Track To Achieve $1 Trillion Exports Target In FY27: Piyush Goyal
India remains on course to achieve its $1 trillion export target in the current financial year despite global economic uncertainty, Union Commerce and Industry Minister Piyush Goyal said on Thursday, Oct 8. Addressing an event organised by the Confederation of Indian Industry (CI...
Reliance Jio IPO Nears, Akash Ambani Reveals Big Plans- Know What Awaits Shareholders After Listing?
Mumbai: Reliance Jio Chairman Akash Ambani has outlined the company's plans ahead of its proposed initial public offering (IPO), describing the listing as a major responsibility towards shareholders. Speaking to Moneycontrol during the India Mobile Congress 2026 in New Delhi on T...
Tata Power's ₹4,300 Crore Solar Bet Pays Off, Know- What Makes Its Latest Production Milestone Special?
Mumbai: Tata Power's solar manufacturing arm , TP Solar Limited, has achieved a major production milestone, manufacturing 2 gigawatts (GW) of solar modules and 1.8 GW of solar cells during the first half of FY27. The company announced the development on Thursday, highlighting its...
ONGC Establishes Petrochemicals Marketing JV, Subscribes ₹25 Crore For 50% Stake
Mumbai: Oil and Natural Gas Corporation (ONGC) announced on Wednesday the incorporation of ONGC Petrochemicals Marketing Limited (OPML) as a public limited company on 7 October 2026. ONGC has acquired a 50 per cent equity share capital in OPML, amounting to 2,50,00,000 equity sha...
Brigade Group To Invest ₹40,000 Crore For 40 Million Sq Ft Development Over Next Three Years
Mumbai: Brigade Enterprises Ltd announced on October 8, 2026, its plan to invest approximately ₹40,000 crore over the next three years. This investment will be allocated for a development pipeline spanning 40 million sq ft across its markets. Growth Strategy Over the next three y...
Shree Refrigerations Bags ₹14 Crore Indian Navy Orders, Latest ₹7.86 Crore Deal For Advanced AC Plants
Mumbai: Pune-based Shree Refrigerations Limited (SRL) has secured multiple orders worth over Rs 14 crore from the Indian Navy during the past one-and-a-half months, strengthening its presence in the defence manufacturing sector. The company informed the stock exchange on Thursday...
Amazon Cuts Nearly 1,000 Jobs In India, US, UK As Company Plans $220 Billion AI Investment
Amazon has cut nearly 1,000 white-collar jobs across India, the US and the UK as the e-commerce giant continues restructuring its retail operations, Reuters reported. The latest layoffs primarily affect Amazon's Stores division, which manages its core online retail business. The ...
Blue Cloud Softech Signs Three-Year MoU With Senegal Ministry, GCIB For Africa
Mumbai: Blue Cloud Softech Solutions Limited on Thursday announced it has signed a Memorandum of Understanding (MoU) with the Ministry of Telecommunications and Digital Affairs of the Republic of Senegal and the Global Council for Investment and Business for Africa (GCIB). MoU De...
Fredun Pharmaceuticals Acquires 26% Stake In Goodman Vetcare For ₹300 Crore
Mumbai: Fredun Pharmaceuticals Limited announced on 8 October 2026, it has acquired a 26% stake in Goodman Vetcare Private Limited for ₹300 crore. Goodman Vetcare, a pet pharmacy chain, plans to open eight new stores across three cities. Pet Care Ecosystem Expansion The acquisiti...
Steel Exchange India Q2 FY27 Revenue Rises 45% To ₹340 Crore On Record Re-Bar Production
Mumbai: Steel Exchange India Limited announced on October 8, 2026, that its provisional consolidated revenue for the second quarter of financial year 2027 reached approximately ₹340 crore. The company attributed the growth to robust demand and execution, along with record re-bar ...
Fieldmarshal Launches 15 HP And 18 HP Engines, Eyes Compact Tractor Growth
Mumbai: Rajkot-based Fieldmarshal P.M. Diesels has launched new 15 HP and 18 HP single-cylinder diesel engines for compact tractors and agricultural machinery, as it seeks a larger share of India’s small tractor market. The company said the engines are India’s first in these cate...
₹7,080.86-crore PNB fraud: CBI court refuses to release Choksi’s international business head on bond
MUMBAI: A special court constituted under the Central Bureau of Investigation (CBI) on Tuesday rejected a plea by Sunil Bajranglal Varma, former international business head of fugitive diamantaire Mehul Choksi’s Gitanjali Group, seeking release on a bond in the alleged ₹7,080...
Mumbai NCLT Rejects Israel Discount Bank’s Insolvency Plea Against Hella Infra Market Over ₹69.20 Crore Claim
Mumbai: The Mumbai bench of the National Company Law Tribunal (NCLT) has rejected a plea filed by Israel Discount Bank Limited seeking initiation of insolvency proceedings against Thane-based Hella Infra Market Limited, holding that the bank failed to establish that the alleged l...
Mumbai NCLT Orders Forensic Audit Of Narangs International Hotels Accounts Over Alleged Financial Irregularities
Mumbai: The Mumbai Bench of the National Company Law Tribunal (NCLT) has directed a forensic audit of the accounts of Narangs International Hotels Pvt Ltd for 2023-24 and 2024-25, following allegations of financial irregularities and mismanagement raised by family shareholders. T...
MHADA Extends GTB Nagar Voluntary Evacuation Deadline To October 20; Eligible Occupants To Get ₹10,000 Monthly Rent
Mumbai: The Maharashtra Housing and Area Development Authority (MHADA) has extended the deadline for shopkeepers, commercial premises occupants and hutment dwellers in the Guru Teg Bahadur (GTB) Nagar redevelopment project to voluntarily vacate their premises till October 20, 202...
I-T Department Searches VFX Major Prime Focus, Auditor & Associates Over Suspected Foreign Remittance Irregularities
Mumbai, October 7, 2026: Nitesh Tiwari’s much-anticipated cinematic epic Ramayana is in the spotlight even before its release, but for a different reason. The Income Tax (I-T) Department conducted search operations at the Prime Focus office headquartered in Mumbai. The company is...
I-T Searches Ramayana Production Firm Prime Focus & Associates Over Foreign Remittances
Mumbai, October 7, 2026: The Income Tax Department on Wednesday conducted search operations at the Mumbai headquarters of Prime Focus Ltd, the company headed by Ramayana producer Namit Malhotra, and the offices of its statutory auditor, MSKA & Associates LLP, in connection with s...
Varun Beverages Bets On Solar Power, To Buy Up To 26% Stake In Jager Renewables
Mumbai: Varun Beverages Limited (VBL) has approved an investment of up to Rs 4.10 crore to acquire up to 26 per cent equity stake in Jager Renewables Private Limited, strengthening its push towards renewable energy and lower power costs. The company's Investment and Borrowing Com...
Elon Musk’s Starlink Builds 20 Gateway Sites In India; Company Says Operations Meet Security, Data Rules
Elon Musk-led satellite communications company Starlink has structured its operations in India to meet the country’s security requirements and other regulatory conditions, Lauren Dreyer, Vice President of Business Operations at SpaceX’s Starlink, said on Wednesday. According to a...
Inox Green Completes ₹550 Crore Wind O&M Deal, Adds Wind World India’s 4.5 GW Portfolio
Noida: Inox Green Energy Services Limited has completed payment for the transfer of Wind World India Limited’s 4.5 GW wind operations and maintenance business, marking a major expansion of its renewable energy services portfolio. Rs 550 Crore Transaction The payment was completed...
Starlink India Launch Nears As Elon Musk’s Satellite Internet Firm Awaits Final Government Approvals, Security Clearance And FDI Nod | Video
New Delhi: US billionaire Elon Musk-led satellite communications company Starlink is ready to work with India and is hopeful of receiving the final approvals soon from the government to start services, a senior executive of the company said on Wednesday. #WATCH | Delhi | At the I...
Managing Semiconductor Supply Chain Volatility: Logistics And Security Strategies For Indian Businesses
Introduction: Why Semiconductor Supply Chains Matter Semiconductors are in almost every product that matters to modern life. The smartphone in a person's pocket, the car they drive, the medical device monitoring their health, the telecommunications network connecting them- all of...
RBI Flags Elevated AI Asset Valuations, Geopolitical Tensions & High Debt As Major Risks To Global Economic Outlook
Mumbai: The Reserve Bank of India has flagged elevated valuations of artificial intelligence-related assets as one of the key downside risks to the global economic outlook, alongside geopolitical tensions, tighter global financial conditions and high public debt. Mumbai, Maharash...
Gemini In Google Chrome Now Live On Android In India, Auto Browse Rolls Out To AI Pro & Ultra Subscribers
Google has expanded Gemini in Chrome to Android users across India, months after bringing the AI browsing assistant to desktop in the country. Alongside this, the company has also switched on auto browse, Gemini's agentic feature capable of completing tasks on a user's behalf, fo...
'Rate Cuts Are Off The Table’: RBI Guv Sanjay Malhotra Says Next Move Could Be Hike Or Pause As Inflation Risks Rise
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday ruled out interest-rate cuts in the near term, saying the central bank's next move could be another increase or a pause depending on inflation and economic conditions. His comments came after the Monetary Policy Co...
RBI Raises FY27 Inflation Forecast To 5.2%, GDP Growth To 7.1%
The Reserve Bank of India (RBI) on Wednesday raised its inflation and economic growth forecasts for FY27 as the Monetary Policy Committee (MPC) unanimously increased the repo rate by 25 basis points to 5.5%. The MPC also changed its policy stance to calibrated tightening from its...
Insect fans want 'bugging' to become the new birding
A newfound fascination with insects is emerging in cities, leading to organized efforts to study different species. Citizens are learning about the ecological benefits these creatures provide through workshops and online classes focused on pollination and decomposition. With grow...
Vice President of India, C. P. Radhakrishnan graces the 58th Foundation Day of the ICSI
The Institute of Company Secretaries of India celebrated its 58th Foundation Day on Sunday, 4 October 2026, at Bharat Mandapam, New Delhi, in the august presence of Vice President of India, C. P. Radhakrishnan. Dr. Sonal Mansingh, Former Member of Parliament, Rajya Sabha (Padma V...
The RBI Governor Must Heed His Own Warning
RBI Governor Sanjay Malhotra told the Kautilya Economic Conclave last week that India can no longer be complacent, even as he described India as navigating the West Asia shock “from a position of strength”. The two statements do not sit well together. To be fair, the Governor was...
From fast-food chains to pod hotels, Mumbai Metro stations eye Rs 5cr-plus annual revenue
Mumbai's Metro stations are attracting various businesses, including fast-food chains and fashion retailers, for commercial opportunities. The latest tender aims to generate significant rental revenue for Maha Mumbai Metro Operation Corporation Ltd. Businesses are seeking to bene...
MSEDCL App Now Lets Maharashtra Consumers Report Faulty Transformers Directly, Speeding Up Repairs And Replacement
Farmers and other electricity consumers across Maharashtra can now report faulty or non-functional transformers directly through the Maharashtra State Electricity Distribution Company Limited (MSEDCL) mobile app, in a move aimed at speeding up repairs and replacement of transform...
Uttarakhand's House Of Himalayas Clocks ₹6 Crore Business, Connects 5,500 Rural Women With Wider Markets
Uttarakhand: The initiative to take locally produced goods from Uttarakhand’s rural areas to markets across India and the world is now evolving into a strong business model. The umbrella brand ‘House of Himalayas’, featuring products prepared through the hard work of rural women ...
Koffelo Launches In Mumbai With Coffee Tasting, Brand Eyes Nationwide Expansion And Fresh Funding
Mumbai: Coffee brand Koffelo has formally launched in Mumbai with a coffee tasting experience at the Taj Mahal Palace Hotel, as the company looks to expand its presence across India and raise fresh capital to support its next phase of growth. The brand, owned by Morning Brew Pvt....
Dabur Expects Double-Digit Revenue Growth In Q2, Cites Strong India FMCG And International Performance
New Delhi, October 6, 2026: Dabur India on Tuesday said it expects double-digit consolidated revenue growth for the September quarter, driven by strong performance in its India FMCG business and sustained momentum in international markets despite geopolitical uncertainties. Deman...
McDonald’s, KFC Supplier HyFun Foods Plans ₹2,000 Crore IPO By 2028 As India’s Frozen Food Demand Surges
HyFun Foods, which supplies frozen-food products to McDonald’s and KFC, plans to raise up to ₹2,000 crore through an initial public offering (IPO) by late 2028 as demand from restaurants, retailers and quick-commerce platforms grows. According to a report by Reuters, chief execut...