Rupee slips to record low near 96/$ as energy risks deepen

Rupee fell to ⁠an all-time low on Thursday, pressured by stubbornly high oil prices and persistent portfolio outflows that have strained the current and capital balances of Asia’s third-largest economy.…

Bharti Airtel’s next decade: Mittal outlines tighter control in India, bigger Africa bet

NEW DELHI: Bharti Airtel Ltd plans to raise its stake in Airtel Africa Plc to as much as 90% over the coming years, chairman Sunil Bharti Mittal said on Thursday,…

IHG to bring Kimpton to India through Adani Airports partnership with Jaipur hotel

In one of the larger hospitality-led airport city deals announced recently, IHG Hotels & Resorts, the company that runs Crowne Plaza, Intercontinental and other brands, said it has signed an…

Kaynes Technology misses Street estimates, FY26 guidance

Kaynes Technology India plunged more than 19% on Thursday as India’s third-largest electronics manufacturer drew investor ire over missing revenue and cash flow targets and failing to provide guidance for…

ASK Alternates launches ₹2,500 crore private credit fund

Mumbai: ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, has launched its second private credit fund with a target corpus of ₹2,500 crore, including a ₹1,500…

Behind India’s abrupt sugar export ban, a worry over sufficient stocks

India on Wednesday banned exports of raw, white and refined sugar till 30 September 2026, marking a sharp shift from the earlier “restricted” export regime to a “prohibited” category. However,…

Kapur family dispute: Supreme Court halts director appointments at RIPL

Mumbai/New Delhi: The Supreme Court on Thursday stayed key agenda items proposed for the 18 May board meeting of Raghuvanshi Investment Pvt. Ltd. (RIPL), a stakeholder in the estate of…

8th central pay commission: Hike in minimum pay, increment and DA — Here’s how big unions want salaries to change

The 8th central pay commission (CPC) is holding its second day of consultations with unions from the Ministries of Defence and Railways today, as it seeks to gather views and…

HUDCO Q4 Results: Cons PAT jumps 172% to ₹1,981 crore, NII up 16.5%; ₹1.5 dividend announced

Housing and Urban Development Corporation (HUDCO), primarily engaged in financing housing and urban development activities, reported a mixed financial performance for the March-ending quarter, with healthy growth in the top…

JSW Steel Q4 Results: Net profit at ₹16,370 crore, revenue jumps 14% YoY; declares ₹7.1 per equity share dividend

JSW Steel Q4 Results: JSW Steel on Thursday, 14 May, reported its results for the fourth quarter ended March 2026, posting 989% year-on-year (YoY) surge in its consolidated profit after…