Chelsea FC made a loss despite a rise in revenue as they finished fourth in the Premier League and won the Europa Conference League in the 2024-25 season.
Rajasthan Royals is set to be sold to US-based Kal Somani-led consortium for US$ 1.63 billion (approximately Rs 15,290 crore), becoming the most valuable IPL franchise.
Indian shipyards Mazagon Dock Shipbuilders Limited (MDL), Garden Reach Shipbuilders & Engineers Limited (GRSEL), and Cochin Shipyard Limited (CSL) are set for substantial growth, driven by a significant pipeline of Indian Navy orders and diversification into commercial and export markets. The Navy's share in defence spending is approximately 21 per cent, ensuring robust order visibility for these domestic players.
Small parties have the capacity to play both ends against the middle. Puducherry could be heading that way, points out Aditi Phadnis.
Companies' rent and lease expenses have seen a significant decline relative to the money they make since the pandemic.
Iran's Islamic Revolution Guards Corps (IRGC) has issued a chilling ultimatum to 18 major American corporations, warning that their regional infrastructure will be targeted following allegations of their involvement in hostile operations.
A consortium led by Kal Somani, a tech entrepreneur, has acquired Rajasthan Royals for $1.63 billion, marking a significant milestone in IPL's history.
JioStar has terminated its broadcast deals in Bangladesh for IPL 2026, saying its local partner defaulted on payments.
Around one full month of supply is firmly arranged with additional procurement being continuously finalised, and oil companies are successfully delivering over 5 million cylinders every day.
BJP's Punjab unit chief Sunil Jakhar asserts the party's commitment to building a 'new Punjab' despite recent attacks, highlighting key issues like drug abuse and governance failures in the state.
Hyderabad police have dismantled a multi-crore illegal money circulation racket allegedly promoted by QNet, arresting 32 individuals across Telangana, Andhra Pradesh, and Karnataka.
Police have filed a case against Shoolini University in Solan following the suicide of a former MBA student who alleged harassment by his employer. The student, Nitin Chauhan, claimed he was underpaid and overworked after being placed in a company in Dehradun.
Nayara Energy, a private fuel retailer in India, has increased petrol and diesel prices following a surge in global oil prices due to Middle East tensions. This move contrasts with state-owned retailers who continue to freeze prices.
ISRO Chairman V Narayanan has emphasised the critical role of mission operations in ensuring the success of India's expanding space programme. He highlighted this at the Spacecraft Mission Operations conference, noting the importance of sustained teamwork and operational precision, particularly for long-duration missions like Chandrayaan-3 and the upcoming Gaganyaan programme.
Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil, compared with discounts of $8-$10 a barrel before the start of the conflict.
Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.
Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.
Learners in India prefer to pursue newer courses, such as Gen AI by building apps and code using the technology, along with learning about it.
The logic of war plus the gathering storms in US politics as the midterms loom large leave him with no real alternative but to negotiate, points out Ambassador M K Bhadrakumar.
Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.
Rajasthan's Leader of Opposition, Tika Ram Jully, has accused the state government of a 'double game' in the Adarsh Credit Cooperative Society scam, alleging a conflict of interest involving the Additional Advocate General.
Delhi Police have arrested two men from Uttar Pradesh for allegedly cheating a Delhi resident of Rs 1.25 lakh by posing as customer care executives of an e-commerce brand.
Assam Chief Minister Himanta Biswa Sarma has strongly criticised the Congress party for making what he claims are unverified allegations against him and his family, including accusations of undeclared assets and multiple passports held by his wife. Sarma has vowed to pursue legal action against Congress leaders, including Pawan Khera, and has accused them of spreading misinformation.
Odisha-based BonV Aero has partnered with ParaZero Technologies to introduce advanced counter-drone systems to India's defence and security agencies, offering a kinetic solution to neutralise hostile drones.
India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.
Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.
A senior Iranian legislator has suggested that Tehran could further escalate pressure on its adversaries by targeting the Bab el-Mandeb Strait, raising concerns about global supply chain vulnerabilities.
Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.
Calling such reports baseless, Finance Minister Nirmala Sitharaman said there was no such move under consideration.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.
German carmaker Audi plans to reassess and adjust its product launch strategy in India once the specific details of import duty reductions under the India-EU free trade agreement (FTA) become clear, according to Balbir Singh Dhillon, the brand's director in India.
A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 64.75 lakh to the family of a Pune-based businessman who died in a road accident in 2022.
The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
The Federal Communications Commission (FCC) is considering proposals to encourage businesses to bring call centre jobs back to the US and require call-takers to be proficient in American Standard English.
Do not exit in panic or buy falling stocks without reassessing fundamentals; instead, build a watchlist and invest gradually with a disciplined, long-term approach.
A new research collaboration between India and Sweden is using artificial intelligence to accelerate the discovery of peptide-based therapeutics for pneumonia, aiming to shorten drug development timelines and combat drug-resistant infections.
A 78-year-old woman in Mumbai was defrauded of over 25 lakh after a scammer gained access to her mobile phone under the guise of updating her electricity bill details.
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