Business

Influx Healthtech IPO Closes Today: Strong Demand Witnesses Significant Oversubscription, GMP Holds Steady

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UntitledInflux Healthtech IPO Closes Today

The initial public offering (IPO) of Influx Healthtech, a prominent player in the healthcare-focused contract manufacturing sector, concludes its subscription period today, June 20, 2025. The SME IPO has garnered substantial interest from investors across all categories, resulting in significant oversubscription. Subscription Status: A Robust Response As of the latest available data on the final … Read more

HDFC Bank’s Chief Human Resource Officer Vinay Razdan Resigns

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HDFC Bank's Chief Human Resource Officer Vinay Razdan

HDFC Bank, India’s largest private sector lender, today announced the resignation of its Chief Human Resource Officer (CHRO), Vinay Razdan, effective from the close of business hours on June 18, 2025. The bank confirmed the development in a regulatory filing, marking the end of Razdan’s nearly seven-year tenure with the institution. The reason for Mr. … Read more

Air India Slashes International Widebody Flights by 15% Following Ahmedabad Tragedy

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Air India Slashes International Widebody Flights by 15% Following Ahmedabad Tragedy

Air India has announced a significant 15% reduction in its international widebody flight schedule, effective immediately and expected to last until at least mid-July. This drastic measure comes in the wake of the tragic Boeing 787 Dreamliner crash in Ahmedabad on June 12, which claimed the lives of 241 passengers and crew onboard, along with … Read more

Amazon CEO Andy Jassy Signals Corporate Job Reductions as AI Integration Accelerates

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Amazon CEO Andy Jassy Amazon CEO Andy Jassy

Amazon CEO Andy Jassy has delivered a significant message to employees, indicating that the company anticipates a reduction in its corporate workforce over the coming years as artificial intelligence, particularly generative AI, becomes more deeply integrated into its operations. In a company-wide memo, Jassy underscored AI’s transformative potential, acknowledging that while it will create new … Read more

World Bank Trims India’s FY26 Growth Forecast to 6.3% Amid Global Headwinds

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world bank

The World Bank has adjusted its growth projection for India for the fiscal year 2025-26, lowering it to 6.3%. This revision, down from the 6.7% forecast in January, primarily stems from a cautious outlook on India’s export performance and a deceleration in investment growth, both significantly influenced by a turbulent global economic landscape. While India … Read more

Indian Equities Rally, Led by Oil & Gas; FMCG Sector Underperforms

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FMCG Sector Underperforms

Indian benchmark indices witnessed a positive surge today, with the Sensex rising over 300 points and the Nifty scaling past the 25,200 mark. The upward momentum was primarily fueled by a strong rally in oil and gas stocks, notably Reliance Industries (RIL), while the Fast-Moving Consumer Goods (FMCG) sector acted as a drag on the … Read more

Shanaya Kapoor: Unveiling the Aspiring Star’s Journey and Estimated Net Worth

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Shanaya Kapoor Net Worth

Shanaya Kapoor, the much-anticipated debutante from one of Bollywood’s most prominent families, is steadily making her mark in the Indian entertainment industry. As the daughter of actor Sanjay Kapoor and Maheep Kapoor, Shanaya has been under the spotlight even before her official acting debut, with much speculation surrounding her career trajectory and financial standing. While … Read more

Yamaha Chennai Hits Double Milestone: 10 Years, 5 Million Units Strong

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Yamaha Chennai Hits Double Mileston

India Yamaha Motor (IYM) Pvt. Ltd. is celebrating a remarkable dual milestone at its state-of-the-art Chennai factory, marking a decade of operational excellence and the rollout of its five millionth two-wheeler. This significant achievement underscores the plant’s pivotal role in Yamaha’s global manufacturing network and its unwavering commitment to the “Make in India” initiative. The … Read more

Vodafone Idea Secures Lifeline with Rs 20,000 Crore Fundraise, Battles for Survival Amidst Mounting Dues

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Vodafone Idea Secures

In a crucial move to ensure its continued existence in India’s fiercely competitive telecom sector, Vodafone Idea (Vi) has announced that its board of directors has approved a significant fundraising plan of up to Rs 20,000 crore. This fresh capital infusion is seen as a vital lifeline for the debt-ridden telco, which has been grappling … Read more

Relief for Gold Loan Borrowers? Muthoot, Manappuram Shares Soar on Govt. Intervention

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Relief for Gold Loan Borrowers Muthoot Manappuram Shares

Shares of India’s leading gold loan non-banking financial companies (NBFCs), Muthoot Finance and Manappuram Finance, witnessed a significant surge of up to 7% today. This upward movement in the market comes in the wake of the government urging the Reserve Bank of India (RBI) to ensure that small gold loan borrowers are not adversely affected … Read more