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Category: Business

Canada’s Fairfax Set for Historic $5.5 Billion IDBI Bank Acquisition in India’s Largest Banking Disinvestment
Business

Canada’s Fairfax Set for Historic $5.5 Billion IDBI Bank Acquisition in India’s Largest Banking Disinvestment

anuprova EditorJuly 15, 2026

Canada-based Fairfax Financial Holdings, led by billionaire Prem Watsa, is poised to acquire a majority stake in IDBI Bank for approximately $5.5 billion (₹53,000 crore), marking the largest-ever foreign investment…

TCS to Deliver AI-Driven Digital Solutions for JFK’s New Terminal One
Business

TCS to Deliver AI-Driven Digital Solutions for JFK’s New Terminal One

nanika EditorJuly 14, 2026

Tata Consultancy Services (TCS) has secured the technology and innovation mandate for New Terminal One at New York’s John F. Kennedy (JFK) International Airport, marking a significant milestone in the…

Rupee Rollout: Anthropic Introduces Localized Pricing for Claude AI in India
Business

Rupee Rollout: Anthropic Introduces Localized Pricing for Claude AI in India

anuprova EditorJuly 14, 2026

Anthropic has officially rolled out rupee-denominated pricing for its Claude AI subscription tiers in India, eliminating the need for local users to pay in US dollars via international credit cards.…

 L&T Finance Q1 Net Profit Jumps 29% as Asset Quality Substantially Improves
Business

 L&T Finance Q1 Net Profit Jumps 29% as Asset Quality Substantially Improves

rohan EditorJuly 14, 2026

Non-bank lender L&T Finance reported a 29% jump in its June quarter consolidated net profit, reaching ₹902 crore compared to ₹701 crore in the year-ago period. The Mumbai-headquartered company, promoted…

Flipkart reports 50% growth in food and nutrition category
Business

Flipkart reports 50% growth in food and nutrition category

Business BureauJuly 14, 2026

Flipkart on Thursday said its food and nutrition category registered a 50 per cent year-on-year growth, driven largely by Gen Z consumers and shoppers from Tier 2 and Tier 3…

Goldman Sachs Turns Bullish on India, Forecasts Recovery in FII Inflows
Business

Goldman Sachs Turns Bullish on India, Forecasts Recovery in FII Inflows

nanika EditorJuly 13, 2026

Global investment bank Goldman Sachs has expressed renewed optimism about Indian equities, stating that foreign institutional investor (FII) selling is likely over and that there is significant room for overseas…

ICICI Prudential Life introduces 10-year life cover proposition tailored for short-term financial obligations
Business

ICICI Prudential Life introduces 10-year life cover proposition tailored for short-term financial obligations

Business BureauJuly 13, 2026

ICICI Prudential Life Insurance has introduced ICICI Pru iProtect Smart Plus with a 10-Year Life Cover designed for customers with defined financial commitments such as home loans, business loans and…

Satya Nadella Warns Businesses of ‘Reverse Information Paradox’ in the AI Era
Business

Satya Nadella Warns Businesses of ‘Reverse Information Paradox’ in the AI Era

anuprova EditorJuly 13, 2026

Microsoft CEO Satya Nadella has cautioned businesses about the growing challenge of a “reverse information paradox” as artificial intelligence transforms the way organizations generate, process, and consume data. Speaking on…

Haier bets on premium smart TV market with AI-powered HQLED P7 Pro Series
Business

Haier bets on premium smart TV market with AI-powered HQLED P7 Pro Series

Business BureauJuly 10, 2026

Haier Appliances India has strengthened its premium consumer electronics portfolio with the launch of the new HQLED P7 Pro Series, a next-generation smart TV range featuring AI-powered Google TV with…

Skoda Auto India records highest-ever H1 sales with 38,894 units in 2026
Business

Skoda Auto India records highest-ever H1 sales with 38,894 units in 2026

Business BureauJuly 9, 2026

Skoda Auto India has announced its strongest-ever half-yearly sales performance, reporting 38,894 units sold during the first half of 2026, up 7.5 per cent from the corresponding period last year.…

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