Author: Ansh Singh

New Delhi: This week, seven of India’s most valuable companies lost more than ₹88,000 crore of market capitalization in one session. The losses were largely led by heavyweight stocks such as telecommunications and technology giants. Experts say this fall happened because investors are cautious on grounds of uncertainty over the global scenario and mixed company results. The fall in market value means a sharp decline in the overall worth of the shares of these companies. This happens when more investors sell their shares instead of buying, leading to lower stock prices. Events of this nature are often indicative that people…

Ahmedabad: With the nation’s recycling industry on the cusp of an exponential growth phase, prominent stakeholders from Gujarat convened at Ahmedabad for an exclusive high-level roundtable. The meet, hosted by Media Fusion & Crain Communications, served as a crucial precursor to the upcoming Bharat Recycling Show (BRS)and Plastics Recycling Show India (PRSI) 2025, focusing on forging a path for sustainable industrial growth, policy evolution, and circular economy goals. The central feature of the session was a dynamic panel discussion titled “Policy, Markets, and Circular Growth: Challenges and Opportunities Ahead for the Recycling Industry.” The dialogue zeroed in on vital strategies, including enhancing…

New Delhi: India’s largest carmaker, Maruti Suzuki, is all set to merge with its sister firm Suzuki Motor Gujarat. The company believes the merger will make its work smoother, faster, and more efficient. Earlier, both companies used to manage production separately, but after this merger, all manufacturing and management will come under one umbrella. The basic motive for merger is to eliminate unnecessary expenditure and bring efficiency in the operation. When two companies merge, they can eliminate duplicate departments and share technology in addition to better teamwork. According to Maruti Suzuki, this move will enable them to build faster cars…

New Delhi: Ratan Tata sisters, Shireen Jejeebhoy and Deanna Jejeebhoy, have recently given their views on their deceased brother saying he was an individual who never allowed any family sentiments to influence his work choices. Their words were timely when the Tata Trusts have been experiencing internal troubles and change of leadership. Both sisters talked fondly of Ratan Tata, not only as a successful business executive, but also as a loving brother. They added that though he was a loving and close family person, his personal life never interfered with his job. Shireen said that he was certainly the favourite…

New Delhi: Bankim Brahmbhatt, an Indian-origin businessman, is now in the news for a huge money fraud case worth $500 million (around ₹4,000 crore). He was the head of some telecom and finance companies in the US. Big investors like BlackRock’s HPS Investment Partners gave large loans to his companies. But now they say that Bankim and his team cheated them using fake documents and fake customers. The story began a few years ago when Brahmbhatt’s companies, such as Broadband Telecom, Bridgevoice, and Carriox Capital, took loans from many lenders. To get the loans, they showed documents claiming they had…

New Delhi: In 2015, when the story was written, Gaurav Munjal, the co-founder and the CEO of Unacademy, was just starting with his start-up. He was attempting to create a meaningful thing in the realm of online learning. He was then interested in meeting Deepinder Goyal, the founder of Zomato to seek his advice. However, when he made the call Goyal responded immediately and in a way that surprised him, “Kyon milna hai yaar? Dhandha banao, Which means Why meet? Go build your business.” The message was harsh, but Gaurav did not receive it in a negative manner. Rather, he…

Every year during Diwali, homes across India light up with colourful LED string lights, glowing lanterns, and bright decorations. The lights sparkle on balconies, temples, shops, and streets, spreading joy and celebration. But behind this beautiful sight, there’s a hidden story about where these lights come from and what they reveal about India’s manufacturing and trade. If you walk through any busy market in Delhi, Mumbai, or Jaipur, you’ll find two main types of string lights, one made in China and another labelled “Made in India.” At first glance, both look the same. The Chinese ones usually cost around ₹95…

New Delhi: Income Tax Department has served a massive tax notice of 1.986 crore to Hindustan Unilever Limited (HUL) one of the most popular companies in India that deals with daily use products such as dove, Surf Excel, and Lifebuoy. The notice is connected to the period of 2020-21 financial year. The tax department indicated that HUL had committed some errors during the presentation of its accounts in that year. They are of the opinion that the company failed to compute its tax on two matters one of them is how it paid their money to other businesses associated with…

New Delhi: Prime Minister Shri Narendra Modi addressed the Maritime Leaders Conclave and chaired the Global Maritime CEO Forum at India Maritime Week 2025 in Mumbai, Maharashtra today. Speaking on the occasion, Prime Minister welcomed all participants to the Global Maritime Leaders Conclave. He remarked that the event began in Mumbai in 2016 and expressed happiness that it has now evolved into a global summit. Shri Modi highlighted that participation from over 85 countries sends a strong message. He noted the presence of CEOs of major shipping giants, startups, policymakers, and innovators, all gathered at the event. He further acknowledged…

New Delhi: Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution, has notified the Legal Metrology (Packaged Commodities) Amendment Rules, 2025.  The amendment introduces specific provisions for packages containing medical devices, aligning the Legal Metrology (Packaged Commodities) Rules, 2011 with the Medical Devices Rules, 2017. This step ensures regulatory harmony, reduces compliance ambiguity and enhances consumer protection in the healthcare sector. The amendment provides that for packages containing medical devices, the provisions of the Medical Devices Rules, 2017 shall prevail for the height and width of numerals and letters used for making declarations. This means that while…