Indian Business

Taiwanese manufacturer Wistron, which sold its Karnataka iPhone facility to Tata Electronics in 2023, is now planning an electronics production unit in Telangana with a proposed investment of Rs 1,000 crore, according to informed Economic Times sources.The company is currently looking for suitable land in Hyderabad to establish a facility dedicated to manufacturing servers, routers…

Tata Consultancy Services (TCS), India’s prominent IT firm, is facing a disconnect between its operational performance and market sentiment. The company’s stock has plunged 33 per cent from its peak, including a 25 per cent drop in 2025 alone, despite strong Q1FY26 results and continued dividend payouts.Recently, the tech giant’s announcement of large-scale layoffs, with…

Despite gold generating one of the highest returns in India, the central bank rarely disposes of its gold assets. (AI image) RBI gold reserves: After a relatively conservative spell of gold buying, the Reserve Bank of India (RBI) stacked up almost half a tonne of gold in the last week of June. In India’s foreign…

The Ministry of Information Technology is monitoring developments following TCS‘s announcement to reduce its workforce by over 12,000 staff, according to PTI sources. Officials, cited by the news agency, claimed the IT Ministry is closely following the situation and maintaining communication with the technology company. The ministry seeks to understand the root causes behind this…

Gold price prediction: Spot gold is expected to trade with a slight bearish tilt unless US-China trade tensions surface up once again. (AI image) Gold price prediction: Gold prices are trading within a range due to fall in demand for safe haven assets. As the Donald Trump administration finalises trade deals, global economic uncertainties are…

Market experts anticipate continued pressure due to varied Q1 results, ongoing FII outflows and stalled progress in India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,700, BSE Sensex was hovering near 80,900. At 9:19 AM, Nifty50…

Top stocks to sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Tata Tech, and NCC Ltd are the top stocks to sell today:Tata Tech – Sell in the range between Rs 702 & Rs 698; Stoploss: Rs 723; Target: Rs 640Tata Tech…

New Delhi: The Indian economy in mid-2025 presents a picture of cautious optimism, a finance ministry report said on Monday, but it cautioned that in the medium term, given the ongoing momentous shifts in global supply chains in semiconductor chips, rare earths, and magnets, India has its task cut out.“Despite global headwinds marked by trade…

PIF achieved a 62.9 Brand Strength Index score with an A+ rating, ranking second among sovereign wealth funds in 2025/ Image: PIF TL;DR PIF tops global SWF rankings with $1.2B brand value and fastest growth. BlackRock leads asset managers, followed by JP Morgan and Vanguard. PIF’s strength is driven by strategic investments, branding, and governance…

BENGALURU: India’s venture-backed startups raised over Rs 44,000 crore ($5.3 billion) from public markets in FY25, more than double the late-stage capital they secured from private investors during the same period, according to The Rainmaker Group’s RainGauge Index FY25 Annual Update. The data points to a decisive shift in the startup funding lifecycle with IPOs,…