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Business News Today: Latest Business News, Finance News
GCMMF chief Jayen Mehta nominated to IBEF
“It is an honour to get this opportunity to contribute for the success of Brand India,” said Mehta on his appointment
9/28/2025, 9:29:33 AM PDT
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Achieving significant impact for 1 billion people more important than creating a billion dollar enterprise: Sivakumar Sundaram
Stressing on the need to scale Bennet Coleman CEO & ED Sundaram advised the Management & Law graduates to be a source of societal value addition besides professional excellence
9/28/2025, 9:14:06 AM PDT
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Editorial. Investors more bullish than promoters in IPO boom
Quite a few issuers, aided by their merchant bankers, are dressing up their books to showcase pristine financials and high growth ahead of their public offers
9/28/2025, 8:55:40 AM PDT
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Laser Power & Infra files preliminary papers with SEBI to raise ₹1,200 crore through IPO
The proposed IPO of the Kolkata-based company would be a combination of a fresh issue of equity shares worth ₹800 crore and an offer for sale (OFS) of equity shares valued at ₹400 crore by promoters
9/28/2025, 8:23:40 AM PDT
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Vijay’s rising political career faces setback with the tragic Karur stampede
The party had sought permission stating that around 10,000 people were expected to attend. However, the crowd was huge and it all went out of control
9/28/2025, 8:15:30 AM PDT
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SEBI plans premium-based model for OTR computation in options
Only orders beyond ±40% of premium or ₹20 will count; market-maker quotes may be excluded
9/28/2025, 8:03:23 AM PDT
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Banks up scrutiny on education loan exposure, tighten underwriting norm post H-1B visa diktat
Banks review exposure as H-1B changes affect student loan demand
9/28/2025, 7:39:07 AM PDT
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Two infiltrators killed in north Kashmir’s Keran sector
Two intruders were believed to have been killed, but their bodies had not yet been recovered
9/28/2025, 7:04:12 AM PDT
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India set to reduce import duties on Swiss watches, chocolates as free trade pact kicks off on Oct 1
India to ensure that EFTA bloc, including Switzerland, Norway, set in motion promotional measures to meet $100 b investment flow target
9/28/2025, 6:51:09 AM PDT
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Reel meets real in Konkan’s battle for hidden treasure
78-year-old scientist Hazare’s decade long fight to protect Sindhudurg’s gold exported as iron ore
9/28/2025, 6:42:50 AM PDT
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ITC Hotels plans foray in branded residences
Construction of Taj-branded residences in Chennai on track, over 60% inventory sold out
9/28/2025, 6:38:15 AM PDT
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US phosphate major Itafos in talks with Indian companies for rock phosphate projects
Speaking to businessline, David Delaney, CEO of Itafos, said that China, Morocco, Saudi Arabia and Jordan have restricted the US as a phosphate supplier to only two countries—Canada and Brazil
9/28/2025, 6:32:53 AM PDT
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LTIMindtree targets AI-driven transformation, near double-digit growth and global expansion: CEO Venu Lambu
Our Eastern Europe centres are also growing well. We have two centres in Poland, and we opened one in Cyprus recently for specific skill sets and language dependency
9/28/2025, 6:25:50 AM PDT
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Investment commitments worth ₹1.02 lakh crore made during World Food India : Food Processing Ministry
“The Ministry of Food Processing Industries (MoFPI), in partnership with Invest India, will continue to work closely with industry stakeholders to facilitate these investments and ensure their effective implementation,” it added.
9/28/2025, 6:17:46 AM PDT
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Threshold under e-appeal for legacy cases increased to ₹25 lakh
As on April 1, 2025, number of total pending appeals, including legacy one, was 5.39 lakh with a total amount involving was over ₹16.60 lakh crore
9/28/2025, 6:00:05 AM PDT
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GST collection may see a hit in September-October, but expect strong rebound soon
Experts predict a temporary dip in GST collection due to postponed purchases after PM Modi’s rate cuts announcement.
9/28/2025, 5:49:15 AM PDT
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ECB tools can’t fix Europe’s fiscal problems: Dutch Central bank chief
9/28/2025, 5:34:47 AM PDT
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Maldives’ rapid development spurs exports of construction materials from VOC port to the island nation
In 2024-25, the VOC port exported 11.01 lakh tonnes of construction materials to Maldives, up from 9.39 lakh tonnes in the previous year, said an official at the port
9/28/2025, 5:02:09 AM PDT
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Montra Electric explores all kinds of CVs in its portfolio: MD
Launches battery swappable 55-tonne electric trucks, to participate under PM E-DRIVE scheme
9/28/2025, 4:59:08 AM PDT
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India leans on US coal, gas, nuclear to placate Washington, but Russian crude stays central
US flows should be seen less as a structural shift away from Russia and more as a hedging strategy
9/28/2025, 4:40:25 AM PDT
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Telangana CM Revanth Reddy kicks off construction works of Greenfield Bharat Future City
The Centre agreed for a bullet train from Future City to Amaravati and a Greenfield Express Way to Machilipatnam Port
9/28/2025, 4:20:34 AM PDT
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RBI’s Monetary Policy Committee faces a close call
The MPC has cumulatively cut the repo rate by 100 basis points (bps) since February 2025 to 5.50%
9/28/2025, 4:16:27 AM PDT
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Blackstone-backed Nexus Select Trust assessing nine mall acquisitions over next 24 months
Dantara told businessline that the REIT has identified a “robust pipeline” of assets across cities that are being evaluated for integration into its portfolio
9/28/2025, 4:06:31 AM PDT
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Ceigall, JV partner secure infra project worth ₹509 crore in Punjab
The contract includes the construction of internal roads and associated civil, public health and electrical works
9/28/2025, 3:54:15 AM PDT
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Brent oil breaks above $70 as pressure on Russia intensifies
Global benchmark Brent advanced to settle above $70 a barrel for the first time since late July, and was up roughly 5.2% this week, while West Texas Intermediate closed near $66
9/28/2025, 3:31:24 AM PDT
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Wall Street keeps cool as casino crowd cashes out of risky bets
In recent days, money has flowed out of exchange-traded funds focused on frontier technologies and highly leveraged wagers tied to the biggest names in tech
9/28/2025, 3:08:11 AM PDT
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TVK chief Vijay announces ₹20 lakh compensation for families of stampede victims
Vijay says he would pray for the speedy recovery of those injured and assured that his party men would provide all possible support those undergoing treatment in hospitals
9/28/2025, 2:55:29 AM PDT
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Modi’s Mann ki Baat: Swadeshi push, Khadi appeal, centenary of RSS & remembrance of Zubeen Garg
“I urge you to buy at least one Khadi product on October 2, and say with pride, this is Swadeshi,” he said, appealing to people to share the experience on socia media
9/28/2025, 2:37:04 AM PDT
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'Non-promoters offered fair value': NCLAT sets aside plea against Reliance Retail capital share reduction
On July 4, 2023, the board of Reliance Retail Ltd (RRL), through a special resolution, approved the proposal to reduce and cancel 78,65,423 equity shares of the company, held by minority shareholders
9/28/2025, 2:36:15 AM PDT
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South India accounts for 58% of all-India whiskey sales in FY25; Karnataka leads chart with 17% share
Karnataka, with 6.88 crore cases, has again topped the chart, contributing 17% of IMFL volume sales, followed by Tamil Nadu at the second position with 6.47 crore cases, accounting for nearly 16% of the national sales
9/28/2025, 2:22:58 AM PDT
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US Commerce Secretary calls for India to 'open markets', 'stop actions that harm America'
Howard Lutnick said that the issues would be sorted, but India must 'play ball' with the US
9/28/2025, 1:47:08 AM PDT
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Marathwada rains: 2 dead in Dharashiv, over 3,500 persons shifted
One death each was reported from Omerga and Paranda talukas of flood hit-Dharashiv district on Saturday night. One of victims drowned in the flood water while the other death was due to another rain-related incident, an official said.
9/28/2025, 1:29:02 AM PDT
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AI adoption rising in Indian B-Schools, but only 7% faculty are expert users: Survey
The survey also sheds light on faculty perceptions of AI’s impact on student learning, skill development and classroom engagement, as well as the tools, training and policy guidance they consider most important for responsible adoption
9/28/2025, 1:18:03 AM PDT
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Interarch Building Solutions announces ₹100 crore investment to set up new unit in Andhra Pradesh
The plant to be set at an initial investment of ₹100 crore is expected to begin production by the end of Q2 FY27 and generate more than 2,00 direct and indirect jobs in the region, the company said in a statement
9/28/2025, 1:04:25 AM PDT
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RBI policy, tariff-related developments key drivers for the markets in holiday-shortened week: Analysts
Last week, the BSE benchmark tanked 2,199.77 points or 2.66% and the NSE Nifty dropped 672.35 points or 2.65%
9/28/2025, 12:47:12 AM PDT
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Mumbai Rains Highlights: Heavy rains lash Mumbai, IMD issues heavy rain alert till September 30
Maharashtra Chief Minister Devendra Fadnavis on Sunday reviewed the rainfall situation and ongoing relief operations in eight Marathwada districts and Solapur, and directed officials to intensify field-level efforts.
9/28/2025, 12:34:32 AM PDT
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NTPC to appoint consultant to identify uranium mines overseas
Narendra Modi on Thursday laid the foundation stone of 4x700 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) being set up by JV entity Anushakti Vidhyut Nigam Ltd (ASHVINI)
9/28/2025, 12:12:52 AM PDT
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Bengaluru to see 21% growth in housing sales in Jul-Sep at 16,840 units: PropEquity
PropEquity data shows that sales of residential properties are likely to increase to 49,559 units during the Jan-Sep 2025 period, compared to 46,392 units in the corresponding period of the preceding year
9/28/2025, 12:11:24 AM PDT
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Only Sun Pharma exposed to some headline risk, but with limited earnings impact
Among Indian companies, only Sun Pharma has sizeable sales from patented drugs in the US (about 17% of 2024-25 revenue), HSBC Global Investment Research said in a report
9/28/2025, 12:02:21 AM PDT
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WeWork India to float ₹3,000-cr IPO on Oct 3
The issue will close on October 7, with bidding for anchor investors opening for a day on October 1, as per the red herring prospectus
9/27/2025, 11:48:51 PM PDT
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Allana group aims 2-fold growth in 4-5 yrs, touch $4-billion revenue mark
The group now aims to get around 25 per cent of its business from the domestic market, in a time frame of the next 4-5 years
9/27/2025, 11:39:50 PM PDT
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LPG portability soon: Switch your cooking gas supplier easily between companies
PNGRB said India has achieved near-universal LPG household coverage with over 32 crore connections as of FY25
9/27/2025, 11:33:11 PM PDT
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Mcap of top-10 most valued firms drops by ₹2.99 lakh cr; TCS hit hard
Last week, the BSE benchmark tanked 2,199.77 points or 2.66 per cent
9/27/2025, 11:17:52 PM PDT
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Precision components maker Indo MIM files IPO papers with SEBI; looks to raise ₹1,000 crore
Indo MIM proposes to utilise proceeds of Rs ₹720 crore for debt payment, and the remaining towards general corporate purposes
9/27/2025, 10:55:58 PM PDT
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Gujarat’s restaurants caught cooking the books in 7-city GST scam
The investigations have so far uncovered unaccounted transactions amounting to ₹52.07 crore, involving tax evasion of about ₹4.88 crore (including interest and penalties)
9/27/2025, 10:36:57 PM PDT
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Co-operatives as engines of India’s bioeconomy
Extending the vision of prosperity through cooperation could ensure bioeconomy becomes a growth driver and a model of inclusive, climate-resilient development
9/27/2025, 10:30:00 PM PDT
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V-Guard announces winners of the Big Idea 2025 competition
In the Business Plan category, IIM Jammu was named the runner-up, and IIM Lucknow secured the second runner-up position
9/27/2025, 10:24:18 PM PDT
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"No threat to this relationship": Sergey Lavrov on India-Russia economic partnership
Sergey Lavrov said that the economic partnership between India and Russia is not under threat and The Indian Prime Minister and the Minister of Foreign Affairs have made it clear that India chooses its own partners
9/27/2025, 10:16:50 PM PDT
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Cochin International Airport clocks ₹1,142 crore revenue; ₹490 crore profit in FY25
The airport is implementing infrastructure development projects worth ₹1,400 crore during the current fiscal, he said. Large-scale infrastructure projects are progressing rapidly
9/27/2025, 10:16:42 PM PDT
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Experts flag input tax credit blockage for FMCG distributors despite GST relief
Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit
9/27/2025, 10:09:58 PM PDT
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Glenmark, Granules, Zydus recall products in US over manufacturing issues: USFDA
A Class III recall is initiated in a situation in which use of, or exposure to, a violative product is not likely to cause adverse health consequences, says USFDA
9/27/2025, 10:03:35 PM PDT
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The roadmap to Aatmanirbharta in aluminium
Similar to steps taken to protect domestic steel manufacturers, the government must protect the domestic aluminium industry for its sustainability
9/27/2025, 10:00:00 PM PDT
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Heavy rains soak Mumbai overnight; IMD forecasts more showers
In the 24 hours ending at 8 am on Sunday, the island city recorded an average rainfall of 71.99 mm, while the eastern and western suburbs received 70.44 mm and 81.42 mm rainfall, respectively
9/27/2025, 9:31:03 PM PDT
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Is compostable packaging the new gold in commodities?
Compostable is a strategic lever—not just for sustainability, but for building trust and future-readiness
9/27/2025, 9:30:00 PM PDT
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Pick of BL commodities - September 28, 2025
Last week, gold scaled a fresh high and jewellers in India are looking at various ways to get customers to buy the precious metal. In another development, gold went premium from discount as the trade expects festival demand to kick in.  Due to a lack of proper seed laws, seed manufacturers are selling basmati paddy seeds in States where the fragrant rice is not grown. Flouting its own norms, the European Union (EU) has added Sindh to the list of basmati-growing areas and has allowed its import b…
9/27/2025, 9:30:00 PM PDT
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Apollo Hospitals signs agreement with Iraq to manage Internal Security Force Hospital
Under the agreement, Apollo Hospitals will provide advanced medical care to Iraq’s security forces and their families, further strengthening India’s healthcare footprint overseas
9/27/2025, 9:24:23 PM PDT
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Pak's reaction to Jaishankar's UN speech 'admission of terrorism': India
The Pakistani delegate claimed that India's allegations were a “deliberate attempt to repeat lies”
9/27/2025, 9:14:32 PM PDT
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FHRAI seeks restoration of input tax credit on room tariffs up to ₹7,500
FHRAI’s President stressed that the withdrawal of ITC has escalated unrecoverable costs on rentals, utilities, outsourced manpower, and capital expenditure, thereby deterring investments and threatening the growth of domestic tourism
9/27/2025, 9:09:19 PM PDT
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Still a haven: Why Indian consumers won’t let go of their gold
The precious metal’s role as a safe, liquid, and sought-after asset guarantees that it remains a mainstay of Indian social and economic life
9/27/2025, 9:00:00 PM PDT
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Jaguar Land Rover secures £1.5 billion loan guarantee from UK govt
This action builds on the UK government’s commitment to the UK auto sector through the modern Industrial Strategy to boost growth and good jobs as part of the Plan for Change
9/27/2025, 8:53:53 PM PDT
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Smart farming on leveraging technology to empower Indian farmers
Collaboration between technology providers, policymakers and the farming community will be pivotal in realising the full potential of the revolution
9/27/2025, 8:30:00 PM PDT
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Vijay Rally Stampede: Death toll rises, CM Stalin pays homage and visits injured in hospital
The CM reached Karur from Chennai past midnight
9/27/2025, 8:18:21 PM PDT
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TN stampede: Toll goes up to 38, crowds surged due to delayed arrival of Vijay, says DGP
Asked if there were "only 500" police personnel on bandobast duty, he said the meeting venue was a public road and more police cover would have meant people would not have sufficient space
9/27/2025, 8:09:33 PM PDT
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Mid- and small-cap flows robust despite weak markets, elevated valuations
Caution is key as balanced long-term portfolios should have greater tilt towards large-& flexi-cap MFs
9/27/2025, 9:36:31 AM PDT
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India can halve palm oil imports by 2047, says White Paper
Solidaridad Asia, in collaboration with the Solvent Extractors’ Association of India and the Asian Palm Oil Alliance, has mooted boosting domestic production and achieving up to 50 per cent self-sufficiency.
9/27/2025, 9:36:02 AM PDT
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What should investors do about Samvardhana Motherson International?
Prospects for Samvardhana Motherson International’s core auto business depends a lot on macro factors underlying global auto market
9/27/2025, 9:04:58 AM PDT
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TruAlt Bio Energy IPO: Should investors subscribe?
While there are some risks, focus on dual feed ethanol plants, expansion into CBG business and valuation tilt the scale for TruAlt Bio Energy
9/27/2025, 9:01:41 AM PDT
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Simply Put: Moratorium and PED
Difference between declared and undeclared pre-existing disease coverage
9/27/2025, 8:41:03 AM PDT
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Mastering Derivatives: Where is your strike located?
Choosing is a trade-off among time value, liquidity and probability of an option ending ITM
9/27/2025, 8:40:09 AM PDT
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F&O Tracker: Data bearish; crucial support ahead
Given the sharp movement in the recent weeks, there could be consolidation ahead
9/27/2025, 8:39:45 AM PDT
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Fund Review: Altiva SIF Hybrid Long-Short Fund
Altiva SIF Hybrid Long-Short Fund blends equity, debt, arbitrage, and derivative strategies
9/27/2025, 8:38:39 AM PDT
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Nifty 50, Sensex, Bank Nifty: Why the short-term outlook is weak
The case for a trend reversal stands negated for now as the benchmark indices decline below their key support
9/27/2025, 8:38:04 AM PDT
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Decoding bond market trends
Key bond market trends from the past month that matter to retail investors: US Fed’s monetary easing, India’s sovereign rating upgrade, yield movements in government and corporate securities, banking system liquidity, and the announcement of the H2 borrowing calendar
9/27/2025, 8:37:26 AM PDT
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Tech Query: Vodafone Idea, Praj Industries, Borosil Renewables, Windlas Biotech; What is the outlook? Where are these stocks headed?
We zoom in on the prospects of Vodafone Idea, as also the prospects of three other stocks — Praj Industries, Borosil Renewables and Windlas Biotech
9/27/2025, 8:34:38 AM PDT
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Bandu’s Blockbusters for September 28, 2025
Guess the stock that will give the best return by next Friday
9/27/2025, 8:34:03 AM PDT
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US Market Outlook: Dow Jones, S&P 500, NASDAQ Composite indices coming close to their crucial resistance
The uptrend is intact for now, but there is limited room to rise. Be cautious
9/27/2025, 8:32:45 AM PDT
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F&O Strategy: Gail (India) buy Oct call
We expect the stock to move in a narrow range between ₹160 and ₹190
9/27/2025, 8:32:03 AM PDT
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Movers & Shakers: Stocks that will see action this week
Here is what the charts say about the shares of Godawari Power and Ispat, ICICI Lombard General Insurance Company and Tata Consumer Products
9/27/2025, 8:31:17 AM PDT
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At least 29 dead, 50 injured in stampede-like situation in Vijay’s TVK rally in Karur
Large crowds had gathered for the meeting, part of Vijay’s ongoing state tour for his political party Tamilaga Vettri Kazhagam, the report said
9/27/2025, 8:22:10 AM PDT
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How a couple, aged 59 and about to retire in a couple of months, take a conservative approach to planning their retirement corpus
If choosing a conservative investment path, it’s wise to match it with a simple lifestyle and clear safety nets for health and emergencies
9/27/2025, 8:11:13 AM PDT
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BSE Capital Goods, BSE PSU, BSE Industrials, BSE India Manufacturing and BSE CPSE: All set to outperform
No matter how the benchmark indices perform, there will always be some sectors that can clearly be the outperformers. Here is our top five sectoral picks that can possibly outperform going forward
9/27/2025, 8:09:39 AM PDT
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Air India set to launch in-house flight simulator training facility
Overall, Air India is expected to install 21 full-flight simulators
9/27/2025, 7:13:18 AM PDT
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ULIPs vs Mutual Funds: Which investment has delivered better returns across 1, 3 and 5 years
Analysis of one-, three- and five-year returns highlights mutual funds’ advantage over ULIP products
9/27/2025, 6:59:52 AM PDT
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Who Am I? Sept 28, 2025
Are you an avid investor? How well do you know corporate India?
9/27/2025, 6:54:39 AM PDT
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G Square announces Phase 2 of G Square Meadows in Chennai
The 2 BHK villa start at ₹24.9 lakhs, 3 BHK villa at ₹51.9 lakhs and 4 BHK villa at ₹89 lakhs, offering buyers a wide choice of investment options
9/27/2025, 6:42:57 AM PDT
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businessline Changemaker Awards 2025: Raghuvir Srinivasan, Editor, The Hindu businessline
9/27/2025, 6:12:18 AM PDT
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Centre assured action will be taken to supply fertiliser to Tamil Nadu: CM Stalin
In the last four years, the State achieved a food grain production of 456.44 lakh tonne
9/27/2025, 6:07:31 AM PDT
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Arun Alagappan re-elected as SICCI President
Alongside him, VN.Shiva Shankar, Founder, VNS Legal, was re-elected as Senior Vice President, and AMPA Palaniappan, Managing Director, AMPA Group, was re-elected as Vice President
9/27/2025, 6:07:28 AM PDT
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Fintechs hail RBI’s new digital payments authentication framework
Industry players said that the move is timely given the sharp rise in digital transactions across India and growing concerns around frauds and phishing attempts
9/27/2025, 6:04:24 AM PDT
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Second I-Venture Immersive cohort graduates at ISB
Addressing the gathering, T-Hub CEO Kavikrut said skills learned in one context were widely applicable across different situations, encouraging graduates to embrace being generalists
9/27/2025, 6:02:45 AM PDT
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Chennai hosts golf tournament for expats, the first-of-its kind in India
Guidance Tamil Nadu in association with Tamil Nadu Golf Federation hosted the tournament as part of building networks, community and a new global image for the city
9/27/2025, 5:35:58 AM PDT
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Mutual Funds returns
As on : Sep 27, 2025
9/27/2025, 5:08:01 AM PDT
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Kerala Bank ties up with Startup Mission to set up Fintech Innovation zone
Kerala Bank also signed an agreement with Kerala Startup Mission to set up a Fintech Innovation Zone with the aim of promoting digital innovation in financial institutions and the state’s cooperative banking sector
9/27/2025, 4:56:33 AM PDT
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Businessline Changemaker Awards 2025 summed up
The Changemaker Awards honour those who redefine possibilities, inspire progress, and shape a better future for India. We celebrate individuals and organisations driving meaningful transformation across society, technology, finance, and more
9/27/2025, 4:51:08 AM PDT
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FPIs sell ₹15,096 crore in five days as equity outflows dominate weekly trend
The latest outflow was driven primarily by equity sell-offs, with FPIs recording net sales of ₹4,100.60 crore in equity markets on Thursday
9/27/2025, 4:17:46 AM PDT
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Why Apple still hasn’t cracked AI
A combination of caution and missteps in the face of a $1.5 trillion flood of rival investments has left Apple in a delicate position
9/27/2025, 4:02:26 AM PDT
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'Technology a tool, not teacher': Experts stress the need to be vigilant on AI usage by children
At the STTAR Global Education Conference on the theme 'Human First, Tech Forward -- The New Balance in Education' experts asserted that awareness about judicious use of technology must begin at the school level
9/27/2025, 4:01:56 AM PDT
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businessline Changemaker Awards 2025: Changemaker of the Year: DRDO
DRDO – Raja Babu Ummalaneni, DG (Missiles and Strategic Systems), receiving the Changemaker of the Year Award.
9/27/2025, 3:54:39 AM PDT
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Jindal Steel becomes India's first diversified large enterprise recognised as an Awarding Body by NCVET
This milestone underscores the company’s leadership in advancing vocational education and skilling standards nationwide, while strengthening its position as a pioneer in the Indian steel and infrastructure sector
9/27/2025, 3:49:18 AM PDT