News
MFs raise stakes in ICICI Bank as FPIs trim exposure in FY26
20+ min ago (259+ words) Domestic mutual funds stepped up their investments in ICICI Bank during the financial year ended March 31, 2026, even as foreign portfolio investors (FPIs) and insurance companies pared their holdings, reflecting a notable shift in the lender's ownership structure. According to the…...
Vedanta hits 52-week high as demerger record date triggers rally
20+ min ago (295+ words) Vedanta Limited shares surged to a 52-week high of "795 in early trade on Tuesday, April 21, after the company announced May 1, 2026 as both the effective date and record date for its long-awaited demerger into four separate listed entities. The stock was…...
A'a" Theory raises "4 crore in pre-seed funding
9+ min ago (180+ words) A'a" Theory, a health-focused quick service restaurant (QSR) brand, announced on Tuesday it has secured "4 crore in a pre-seed funding round. The investment was led by All In Capital and TDV Partners, with participation from angel investors, including Rinshul Chandra,…...
Rupee falls 16 paise to 93. 32 against US dollar in early trade
32+ min ago (353+ words) The rupee declined 16 paise to 93. 32 against the US dollar in early trade on Tuesday, as the American currency stayed firm and the Reserve Bank eased restrictions on speculative bets on the Indian currency. Positive domestic equity markets and inflows of…...
India's economy projected to grow at 6. 4 per cent this year: UN
44+ min ago (565+ words) India's economy is projected to grow at 6. 4 per cent this year and 6. 6 per cent in 2027, according to a report by the United Nations. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in the report…...
EQT raises record $15. 6 billion for Asia-Pacific private equity fund
55+ min ago (333+ words) Global investment firm EQT has raised the largest-ever Asia-Pacific focused private equity fund, closing BPEA Private Equity Fund IX (BPEA IX) at $15. 6 billion, indicating sustained investor appetite for the region'including India'despite a broader slowdown in fundraising. The fund, which hit its…...
Japan approves scrapping ban on lethal weapons exports in a change of its postwar pacifist policy
1+ hour, 21+ min ago (132+ words) Japan on Tuesday endorsed scrapping a ban on lethal weapons exports, a major change of its postwar pacifist policy as the country seeks to build up its arms industry and deepen cooperation with defense partners. The approval by Prime Minister…...
Manali Petrochemicals to restart Chennai plant operations
1+ hour, 12+ min ago (213+ words) Manali Petrochemicals said on Monday that it is set to restart operations at Plant - 1 in Manali, Chennai." The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India, has allocated a fixed quantity per day of propylene to Manali…...
Rupee markets navigate partial RBI rollback, US'Iran risks simmer
55+ min ago (310+ words) The Indian rupee is expected to open largely unchanged on Tuesday, with "traders assessing the impact of the central bank's partial "rollback of FX curbs alongside looming US-Iran risks. The "rupee will open in the 93. 08-93. 14 "range versus the US dollar,…...
Newsmaker: Apple's new CEO, a product perfectionist, takes on the AI age
1+ hour, 50+ min ago (399+ words) When he succeeds Tim "Cook on September 1, that distinction will matter enormously. Ternus' focus on the product makes him a steward of Apple tradition at a time when the Cupertino-based tech giant has lost its perch as the world's most…...