Lenskart is moving closer to its much-anticipated stock market debut, with shareholders formally approving its initial public offering plans at the company’s annual general meeting held on Saturday. The omnichannel eyewear firm plans to raise Rs 2,150 crore ($250 million) as part of the public issue, which could reach up to $1 billion in total…
Russia’s Nordwind Airlines Boeing 777-200ER takes-off for the first flight connecting Moscow and Pyongyang at Moscow’s Sheremetyevo International Airport. (Picture credit: AP) Russia has started direct commercial flights between Moscow and Pyongyang, marking a significant expansion in its relations with North Korea. The first flight, operated by Nordwind Airlines, departed from Moscow’s Sheremetyevo airport at…
The National Capital Region Transport Corporation (NCRTC) has started procuring electricity through the power exchange for its Receiving Sub-Station (RSS) in Ghaziabad, in a bid to reduce operational expenses and push green energy adoption.The Ghaziabad RSS serves as the interconnection point between the Namo Bharat corridor and the national power grid. According to an official…
Suresh Narayanan, who steered Nestlé India through the most challenging “existential” Maggi crisis, will retire on July 31 after a decade at the helm—a satisfied man. That sense of satisfaction stems from leaving the packaged food major in significantly better shape, with revenue growing at 10 per cent CAGR, profit after tax rising nearly six…
TCS layoffs: The move to cut its staff strength also comes at a time when TCS is facing resistance for its changed bench policy. (AI image) TCS layoffs: India’s largest IT services exporter, Tata Consultancy Services (TCS), on Sunday announced that it plans to lay off 2% of its workforce over the year. This decision…
India-UK Trade Deal (AI image) The recently signed free trade agreement between India and the United Kingdom will allow British companies to deliver services like telecom and construction within India without the need to establish a base in the country. As per news agency PTI, these firms will receive national treatment, meaning they’ll be treated…
Donald Trump trade deals (AI image) US-EU trade deal: US President Donald Trump has begun trade deal talks with European Union chief Ursula von der Leyen in Scotland. Ahead of the talks, Trump spoke of the likelihood of a trade deal saying, “..probably will know in an hour.”Trump and Ursula von der Leyen are looking…
Gold prices are likely to remain in a consolidation phase over the coming week, as investors await critical central bank policy decisions and developments on global trade negotiations, analysts said.The upcoming US Federal Open Market Committee (FOMC) meeting, the Bank of Japan’s rate decision, and the approaching August 1 deadline for US tariff negotiations are…
In the last few weeks, the US has sealed trade deals with several countries. (AI image) US President Donald Trump’s reciprocal tariff deadline for August 1, 2025 will not be extended, Commerce Secretary Howard Lutnick has said. According to an AFP report, Lutnick said that the new set of tariffs will hit countries effective August…
The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed in an official note dated July 17.The dues have been raised for the financial years from 2005–06 to 2023–24. Tata Communications Managing Director AS Lakshminarayan…
