Corporate India crossed a major milestone in December, with the cumulative number of “active” or operational companies breaching the two-million mark. This reflects a brisk formalization of the economy, aided by robust investor optimism about longer-term growth, structural reforms and easing compliance burden in recent years, a senior government official said. The increase from 1.5 … Read more
Reliance Industries Limited (RIL) stock tumbled 5% on Tuesday, falling to an intraday low of Rs 1,497.05 on the Bombay Stock Exchange. The share price plunged after RIL denied a Bloomberg report claiming that its Jamnagar refinery will be receiving three ships of Russian crude oil.On the BSE, the stock closed at 1507.70, shedding 69.75 … Read more
Big-name hedge funds mostly had strong years, led by managers such as Michael Gelband’s ExodusPoint and D.E. Shaw. It was a choppy year for funds, which battled markets strained by geopolitical stress from tariffs and international conflicts. Most funds still trailed the S&P 500’s 16.4% return on the year, however. Artificial intelligence spikes and sell-offs, … Read more
Zomato CEO Deepinder Goyal shared a fact sheet detailing the average income of the company’s delivery partners, among other details, following a recent exchange with popular YouTuber Dhruv Rathee on X (formerly Twitter). The move came after Rathee questioned the company’s pay practices and called for transparency around gig workers’ earnings, prompting Goyal to publicly … Read more
Billionaire Warren Buffett said Berkshire Hathaway is stronger than any other company to weather the long run, following the handover of leadership to Greg Abel after six decades under the famed “Oracle of Omaha.” Buffett noted that he would prefer Abel to manage his own money, according to CNBC. Here’s what Warren Buffett said about … Read more
Tesla’s sales fell in 2025, the company reported Friday, ceding its position as the world’s biggest electric vehicle maker for the year to Chinese auto giant BYD. The American company led by Elon Musk logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs. … Read more
Key Highlights of the Proposed Transaction: Merger of Sapphire Foods India Limited (SFIL) with and into Devyani International Limited (DIL) through a share-swap mechanism. Swap Ratio: 177 equity shares of DIL to be issued for every 100 equity share of SFIL. This is similar to their current respective valuations and there is no real arbitrage … Read more
The Reserve Bank of India has flagged emerging structural pressures in the insurance sector, warning that premium growth is increasingly being driven by high-cost, distribution-led strategies rather than improvements in operating efficiency, even as the sector remains stable in the near term, according to its latest Financial Stability Report.“While posing no near-term systemic risks, the … Read more
The airport operator has countered charges from telcos and said as the airport was a sensitive zone, frequent servicing, maintenance and upkeep of the infrastructure was best managed by it, and, therefore, it had opted for In Building Solution (IBS) infrastructure. File photo: Special arrangement Telecom companies are sparring with the Adani Group and have … Read more