Pakistan sells national carrier PIA for Rs 4,300 crore after IMF diktat

Pakistan on Tuesday completed the privatisation of its national airline, Pakistan International Airlines (PIA), selling it for PKR 13,500 crore (Rs 4,300 crore) after a competitive bidding process held in…

Coal India shares continue to rally. What’s behind the rise?

Shares of Coal India Ltd have been climbing steadily this week, extending gains for several sessions and outperforming broader market indices. The stock has risen more than 6% over the…

Saleem Ahmad takes charge as RVNL CMD, replacing Sukhmal Chand Jain

Rail Vikas Nigam Limited (RVNL) on Tuesday announced a top-level leadership change, with Saleem Ahmad taking over as Chairman and Managing Director (CMD) of the state-owned infrastructure company. His appointment…

Gold rallies to fresh high: Key reasons behind rally and support levels to watch

Gold prices have hit yet another record high as 2025 moves closer to its end. The rally has been sharp and steady, with both gold and silver touching new all-time…

ITR on hold? Tax department issues clarification on ‘risk management’ alerts

A day after many taxpayers reported receiving messages that their income tax returns and refunds process, the Income Tax Department has issued a formal clarification. The department said the alerts…

Coca-Cola India bottler HCCB announces plan to lay off 300 workers

Coca-Cola India’s bottling arm Hindustan Coca-Cola Beverages, also known as HCCB, is planning to lay off around 300 employees as part of an internal move to improve profits and streamline…

Gujarat Kidney IPO closes today: Should you subscribe? Here’s what GMP suggests

Gujarat Kidney IPO will close for bidding on Wednesday, December 24, as it enters its final day of subscription after seeing modest interest from investors across categories. The initial public…

Why some celebrity brands thrive while others fade

When Argentine launched her first perfume in 1989, it was an unusual move. Celebrity involvement in consumer brands was then limited to endorsements, not ownership. Sabatini’s move quietly challenged that…

Robin Raina denies Eraaya allegations, says 50% shareholding case is still open

Former Ebix Chairman and CEO Robin Raina has issued a clarification denying what he called false and misleading claims made by Eraaya Lifespaces Limited regarding ongoing legal disputes and his…

Sensex, Nifty slip into red by midday on FII outflows, weak rupee

Equity benchmarks erased early gains to trade in the red by midday on Wednesday, with the BSE Sensex down 239.66 points, or 0.28 per cent, at ₹84,440.20 and the NSE…