BUSINESS

MagicNOW to contribute 20% to total food delivery biz this fiscal: Magicpin CEO

Launched in September 2024, magicNOW contributes 13% to the overall food delivery business of the company

THE HINDU BUSINESS LINE
3 weeks ago
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MARKET

Stock Market Live Updates 12 June 2025: Stock to buy today: Biocon (₹354.30)

Sensex, Nifty, Share Prices LIVE: The upmove in the stock of Biocon seems to be gaining momentum. The strong 3.8 per cent rise on Wednesday has taken the share price well above a key resistance level of ₹348. It also signals that the consolidation that was in place since mid-February this year has come to an end. The region between ₹348 and ₹ ...more

THE HINDU BUSINESS LINE
53 minutes ago
TRADING

Stock to buy today: Biocon (₹354.30) – BUY

Biocon share price can rise to ₹400

THE HINDU BUSINESS LINE
1 hour ago
TRADING

Day trading guide for June 12, 2025: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI.

THE HINDU BUSINESS LINE
1 hour ago
BUSINESS

SBI banks on 13.5k new hires to improve customer service

SBI is bolstering customer service by hiring 13,455 junior associates as part of a larger recruitment drive. The bank is also focusing on customer satisfaction through real-time measurement tools and has increased claim settlement limit ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Jio BlackRock MF files with Sebi to launch two debt funds

Jio BlackRock Mutual Fund, after Sebi approval, is set to launch liquid and money market funds to begin its fund management operations. The joint venture also received regulatory approval to start its investment advisory business in Ind ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Flex-fuel drive: Ministry seeks lower GST on crude ethanol

Nitin Gadkari advocates for a GST reduction on crude ethanol. He wants the tax to decrease from 18% to 5%. This change aims to boost flex-fuel vehicle manufacturing and sales. Currently, ethanol used for blending petrol has a 5% GST. Ga ...more

TIMES OF INDIA
1 hour ago
BUSINESS

In 5 years, 10 mid-tier IT companies join $1 billion club

Mid-tier IT firms are experiencing a significant surge, with numerous companies surpassing the $1 billion revenue mark, fueled by strategic leadership from tier-1 veterans and private equity investments. These firms are rapidly scaling ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Top depository NSDL looks at $400mn IPO in July

National Securities Depository is moving forward with its IPO plans, aiming to raise approximately $400 million. The offering, cleared by Sebi last October, is expected to launch as early as July. Major investors like IDBI Bank, NSE, an ...more

TIMES OF INDIA
1 hour ago
BUSINESS

HC orders refund of input tax credit on closure of operations

The Sikkim High Court has ruled that businesses are eligible for refunds on unutilised input tax credit (ITC) even after discontinuing operations. This decision came after SICPA India, a security ink manufacturer, sought a refund of ₹ ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Japan's Mizuho close to buying investment bank Avendus

Mizuho Financial Group is nearing a deal to acquire a majority stake in Avendus Capital, valuing the Indian investment bank at approximately $800 million. The Japanese lender aims to purchase KKR's 63% stake and potentially acquire addi ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Sebi's 'verified' UPI to deter scammers posing as brokers

To combat rising cyber fraud in the stock market, SEBI will launch a verified payment system from October 1st. This mechanism will help investors identify genuine SEBI-registered entities when transferring funds via UPI, preventing scam ...more

TIMES OF INDIA
2 hours ago
BUSINESS

Govt slashes basic customs duty on crude edible oils from 20% to 10%

The government has reduced the Basic Customs Duty on crude edible oils like soybean, sunflower, and palm from 20% to 10% to control rising prices. This move widens the import duty differential, encouraging domestic refining and reducing ...more

TIMES OF INDIA
3 hours ago

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