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Karnataka Minister for Transport Ramalinga Reddy has defended the crackdown on bike taxis operating in the state following a High Court order, stating that they are operating bike taxis in the name of courier and parcel services, so action will be taken.
The Indian rupee weakened to 86.34 against the US dollar due to rising crude oil prices and geopolitical tensions in the Middle East. A stronger dollar and subdued domestic equities further pressured the rupee. Despite bearish cues, for ...more
The Competition Commission of India (CCI) has approved Delhivery's acquisition of a 99.4% stake in Ecom Express for up to Rs 1,407 crore. This deal, announced in April, signifies a major consolidation within India's logistics sector. De ...more
Meanwhile, Hindustan Zinc’s board has approved a ₹12,000 crore investment to expand its integrated refined metal capacity by 250 ktpa.
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