The Hindu Business @thehindubiz

Business, industry and economy as covered by India's national newspaper. thehindu.com/business Joined December 2015

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The Hindu Business @thehindubiz

15 hours ago

The U.S. Food and Drug Administration (FDA) is gathering information on products of Indian spice makers MDH and Everest after Hong Kong halted sales of some of their products for allegedly containing high levels of a cancer-causing pesticide. trib.al/smpHWhY

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The Hindu Business @thehindubiz

17 hours ago

SMIORE and Private Equity firm ADV Partners announced the execution of a binding agreement relating to the strategic business acquisition of Arjas Steel Private Limited, valued at an enterprise value of ₹3,000 crore, by SMIORE, said a company statement. trib.al/JyiFeNp

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The Hindu Business @thehindubiz

2 days ago

Equity benchmark indices climbed in early trade on April 26, extending their rally for the sixth day running, on heavy buying in Tech Mahindra and firm trends in Asian markets trib.al/KxxEeox

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The Hindu Business @thehindubiz

3 days ago

The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Ltd. (Kotak Bank) to cease and desist, with immediate effect, from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards. trib.al/NFp3bb8

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The Hindu Business @thehindubiz

3 days ago

Geopolitical tensions remain a concern, but notwithstanding recent developments, risk perceptions have softened, offering a potential upside for growth, a FinMin report said. trib.al/5u0psXJ

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The Hindu Business @thehindubiz

3 days ago

Read how the central bank's latest recommendations to regulate payment aggregators appear to be strengthening the ecosystem against any opacity @gsaptaparno explains trib.al/v5kcE6v

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The Hindu Business @thehindubiz

3 days ago

Electric bike maker Ultraviolette said it  is set to raise a fresh funding of $100 million, which will be used in expanding markets in India and across the globe. trib.al/17AxZZS

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The Hindu Business @thehindubiz

3 days ago

Experts and stakeholders are of the view that with India growing at a fast pace, REITs and InvITs are emerging as alternative investment instruments, especially for high net-worth individuals. trib.al/zh3ZCL1

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The Hindu Business @thehindubiz

3 days ago

India is inspecting facilities of spice makers MDH and Everest for compliance with quality standards after sales of some of their products were halted in Hong Kong and Singapore for allegedly containing high levels of a cancer-causing pesticide. trib.al/07LsXvD

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The Hindu Business @thehindubiz

4 days ago

Equity benchmark indices Sensex and Nifty climbed in early trade on April 24, taking their winning momentum to the fourth day running, amid a rally in global markets. trib.al/DLIn94I

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The Hindu Business @thehindubiz

4 days ago

Forex traders said elevated crude oil prices and significant foreign fund outflows in the international market dented investors' sentiments. trib.al/YypgNef

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The Hindu Business @thehindubiz

4 days ago

PayU, a digital financial services provider said it had received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA) under the Payment Settlements Act, 2007. trib.al/7H2Tr5W

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The Hindu Business @thehindubiz

4 days ago

Mahindra Finance on April 23 said it had in March detected about ₹150 crore fraud in its loan portfolio at one of its branches and has postponed finalisation of results for the fourth quarter and also for the financial year till May 30. trib.al/SspV5ll

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The Hindu Business @thehindubiz

5 days ago

Rallying for the third day running, the 30-share BSE Sensex climbed 411.27 points to 74,059.89 in early trade. The NSE Nifty advanced 111.15 points to 22,447.55. trib.al/5AQd5qd?

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The Hindu Business @thehindubiz

5 days ago

Reliance Industries Ltd. (#RIL) reported a profit after tax (PAT) for the fourth quarter ended March 31, 2024, dropped by about 2% to ₹18,951 crore from ₹19,299 crore in the year-ago period. trib.al/B9jHyaY

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The Hindu Business @thehindubiz

5 days ago

Indian Overseas Bank (IOB) is planning to raise paid-up equity capital for FY25 to a maximum extent of ₹5,000 crore. trib.al/ee84txd

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The Hindu Business @thehindubiz

5 days ago

Grundfos Pumps, an advanced water solutions company, is working towards making its Indian plant achieve water and energy targets by 2030, according to a top company executive. trib.al/pZLNzDK

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The Hindu Business @thehindubiz

6 days ago

The sharp reduction in household net financial savings, which has been at the heart of recent debates, and the rise in household debt burden are a cause for concern for growth and economic stability. @DasguptaZico and Srinivas Raghavendra report. trib.al/dzobSRf

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The Hindu Business @thehindubiz

6 days ago

The #rupee appreciated 5 paise to 83.39 against the #USdollar in early trade on April 22, supported by a firm trend in domestic equities. trib.al/JCrUbId

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The Hindu Business @thehindubiz

6 days ago

Equity benchmark indices #Sensex and #Nifty climbed in early trade on April 22 amid a rally in Asian markets, decline in Brent crude oil prices and buying by foreign investors. trib.al/ON4B3CR