Saroj kumar 
BENGALURU: At 12 pm on Friday, Raksha Bandhan shoppers on Instamart were ordering 857 rakhis every minute. One Bengaluru customer spent Rs 10,995 on five rakhis featuring 24-karat gold coins, while a shopper in Gurugram put together a Rs 14,630 basket containing rakhis, skincare products, chocolates and soft toys.These were among the festive snapshots shared … Read more
Jio IPO gets Sebi approval MUMBAI: Jio Platforms, the digital arm of Mukesh Ambani’s Reliance Industries, has secured Sebi clearance for an initial public offering (IPO) expected to raise up to $4 billion, setting the stage for what could be India’s largest-ever stock market debut.In a stock exchange filing on Friday, RIL said Jio Platforms … Read more
Corporate sales growth accelerated to 19.4% in Q1FY27 but net profit growth slowed to 14.1% as input costs and taxes rose. MUMBAI: The private corporate sector began FY27 with a marked acceleration in sales, but the improvement was less impressive at the bottom line as rising input costs and tax provisions absorbed much of the … Read more
Reliance Industries has denied allegations made by Essel Group chairman Subhash Chandra. Chandra claimed Ambani’s media group conducted a witch hunt against him. He also alleged associates manipulated Zee’s share price and used shell entities. Chandra further stated Ambani sought to acquire Zee in collusion with an investor. Lenders are now challenging a tribunal-approved settlement … Read more
Meta India, SE Asia VP Devanathan joins OpenAI BENGALURU: Meta’s vice-president for India and Southeast Asia, Sandhya Devanathan, is leaving the social media giant after more than a decade to join OpenAI, where she will become vice-president for Southeast Asia and Australia.Devanathan will be based in Singapore and report to Kiran Mani, OpenAI’s managing director … Read more
Peyman Kargar will become TVS Motor’s new Chief Executive Officer starting January 27, 2027 CHENNAI: TVS Motor Company, has appointed Peyman Kargar, currently president of international business, as its director and chief executive officer with effect from Jan 27, 2027. Kargar will succeed K N Radhakrishnan, who will continue as CEO until Jan 27 and … Read more
‘Toxic_ A Fairy Tale for Grown-ups’ box office collection day 3_ Yash and Nayanthara’s ‘Toxic: A Fairy Tale for Grown-ups’ continued its theatrical run on Friday. The movie recorded a drop in its domestic earnings on Day 3. However, it managed to take its India net collection beyond the Rs 150 crore mark within three … Read more
Industrial production grows 6.7% in July, driven by manufacturing and electricity, cooling from June’s 8.8%. NEW DELHI: Industrial production grew 6.7% in July as compared to 5.4% expansion a year ago as the manufacturing and electricity sector saw robust growth, the index of industrial production (IIP) data released Friday showed.Sequentially, the industrial production cooled from … Read more
Tata Group in talks with Shapoorji Pallonji for potential share swap or buyout of its 18.4% stake in Tata Sons. The Tata Group is in talks with its biggest minority shareholder on proposals to unlock liquidity, including a potential swap of shares of its listed entities, as the Shapoorji Pallonji Group seeks funds to repay … Read more
Federal Reserve Board Chairman Kevin Warsh speaks on inflation Federal Reserve chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” In a sweeping speech, his first since becoming chairman of the central bank in May, Warsh reiterated that policymakers … Read more