VinFast in Chennai with its biggest showroom in India (Credit: VinFast Fb account) VinFast Auto India, a Vietnamese electric vehicle company, opened its largest retail outlet in Chennai, marking its second showroom in the country, as announced by a company representative, quoted by news agency PTI.The 4,700 sq ft showroom, situated in Teynampet, represents the…
The allotment results for NSDL’s Rs 4,011.60-crore initial public offering (IPO) is set to be announced Monday i.e. August 4, following an overwhelmingly positive response from investors. The IPO, priced at Rs 800 per share, was oversubscribed 41.02 times, signalling strong investor confidence. Listing and market sentiment Shares of NSDL are set to be listed…
In a critical juncture for US-China trade relations, officials from both nations are working to resolve their differences and potentially reach a trade agreement that could prevent the imposition of severe tariffs. However, a significant sticking point reportedly remains- the US demand for China to cease purchasing oil from Iran and Russia. China’s Foreign Ministry…
US has shifted its stance towards India, with Trump now targeting it as part of his strategy to pressure Putin regarding the Ukraine conflict. (AI image) In the face of US President Donald Trump’s 25% tariffs and warnings of additional penalty for trade with Russia, India is also hardening its stance. Prime Minister Narendra Modi…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 4, 2025) are Suzlon, and Bharat Electronics. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Suzlon 66 82 24% BEL 377 490 30% SuzlonSuzlon’s outlook remains…
BENGALURU: HCLTech CEO C Vijayakumar has emerged as the highest-paid Indian IT CEO, crossing the $10 million mark and topping the compensation charts.US-based Vijayakumar earned Rs 94.6 crore in the 2024–25 financial year, which comprised a base pay of Rs 15.8 crore, a performance-linked bonus of Rs 13.9 crore, long-term RSUs worth Rs 56.9 crore,…
Mumbai: The less, the merrier – that’s the mantra in the startup and venture capital space, where there’s an increasing shift towards building smaller teams. More investors are now also considering the size of a startup’s team while weighing potential funding – it is not a big determining factor yet, but at least it is…
Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan recovery for retail loans in its offer document filed with Sebi.The company has said it is setting up a digital platform that will allow defaulting retail borrowers to submit settlement offers and…
New Delhi: Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue ‘engineering efforts’ to address the raw material shortage situation, according to a senior company executive. The imposition of export restrictions by China on key rare earth magnets has resulted in supply…
Trump’s assertion about assisting Pakistan in building huge oil reserves for potential exports to India appears overly optimistic. (AI image) Harsh Goenka, chairman of RPG Enterprises has mocked US President Donald Trump’s suggestion that Pakistan may one day sell oil to India. Trump has said that America will help Pakistan build ‘massive oil reserves’ such…
