Business

As the National Stock Exchange (NSE) moves closer to its long-awaited IPO, ace investor Radhakishan Damani‘s early-stage investment in the bourse is delivering massive paper gains. His 1.58% stake—equivalent to 3.91 crore shares—is currently valued at around Rs 9,300 crore in the unlisted market, based on the latest grey market price of Rs 2,389 per…

The IT and IT-enabled services (ITeS) sector continues to dominate salary rankings across experience levels, with freshers in tech roles earning up to Rs 28,600 per month and professionals with five to seven years of experience drawing Rs 68,900, according to global hiring platform Indeed’s latest PayMap survey. The high compensation is being driven largely…

India may face fewer tariff headwinds from the US than many of its Asia-Pacific peers, helping the country attract greater investment flows and strengthen its position as a global manufacturing hub, Moody’s Ratings said on Thursday.The ratings agency, in its outlook on APAC sovereigns, noted that several export-heavy economies across the region were hit by…

India’s quick commerce industry is sprinting ahead in metros, but non-metro cities continue to trail behind, held back by weak demand, low digital adoption, and entrenched local shopping habits, according to a report by Redseer.The sector expanded nearly 150% year-on-year in the first five months of 2025, driven by aggressive rollout of dark stores, rapid…

The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June. Jobless claims for the week ending June 28 declined by 4,000 to 233,000, the Labor…

Taxpayers have little reason to worry since this year the Income Tax Department has extended the deadline to file IT. (AI image) ITR filing FY 2024-25: It’s the month of July and every year this time, taxpayers are usually scrambling to get together documents to file their income tax return or ITR. However, those who…

Representative image (Picture credit: ANI) India’s startup ecosystem is showing renewed confidence in public fundraising, with at least 12 emerging tech firms filing draft IPO papers this year to collectively raise over Rs 18,000 crore (around $2.2 billion) through fresh share issuances. According to ET, the trend marks a growing shift towards local stock markets,…

Reliance Industries Limited’s chairman Mukesh Ambani has signalled intentions for initial public offerings of retail and telecommunications divisions. Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to consolidate its fast-moving consumer goods (FMCG) brands into a new entity. The new entity, to be named New Reliance Consumer Products Ltd (New RCPL), will operate as a…

Quick commerce is transforming India’s digital retail sector. The growth stands in stark contrast to Chinese counterparts. (AI image) Swiggy and Eternal (Zomato’s parent firm), India’s leading Indian e-commerce stocks, have surpassed domestic indices and Asian counterparts – China included – in the previous month, with swift recovery driving speculation about their competitive edge and…