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ULCCS arm U-Sphere enters Karnataka, plans Rs.1,000-crore investment

New Delhi, June 10 -- U-Sphere, the construction arm of Kerala-based labour cooperative ULCCS, is entering Karnataka with plans to invest Rs.1,000 crore over the next three years. The company, which ... Read More


Tata Sons Board meet to focus on performance, growth roadmap

New Delhi, June 10 -- The board meeting of Tata Sons on Friday will be focused on approving the accounts for the last year and setting out the agenda for the current year's operating plans, according ... Read More


Split in Trinamool Congress deepens: Rebel MLAs count rises to 64, Rajya Sabha MP Sushmita Dev resigns

New Delhi, June 10 -- The split in the Trinamool Congress is deepening. On Wednesday, Ritabrata Banerjee, the leader of the legislature party faction, claimed the support of 64 rebel MLAs, up from 58 ... Read More


Centre pushes States towards PNG as PSU OMCs' losses from LPG surge

New Delhi, June 10 -- The government is aggressively pushing LPG consumers towards domestic piped natural gas (D-PNG) as the West Asia conflict has severely impacted financial profile of PSU OMCs. So... Read More


Banks kick-off rate hikes on FCNR (B) deposits

New Delhi, June 10 -- SBI economists expect around $40-45 billion to come in through the FCNR (B) deposits route. Banks have kicked off rate hikes on FCNR (B) US dollar deposits in the three-five y... Read More


Nifty staring at a gap down opening amid weak global cues

New Delhi, June 10 -- Domestic markets are likely to open on a flat-to-negative note on Wednesday amid fresh escalation of tensions between Iran and the US. The Gift Nifty, which was ruling sharply hi... Read More


Bombay HC raises questions over SEBI's ODR mechanism in complex securities disputes

New Delhi, June 10 -- The Bombay High Court has raised questions over the use of SEBI's Online Dispute Resolution (ODR) mechanism for complex disputes involving allegations of fraud, while setting asi... Read More


MoD inks contract with Bengaluru-based firm for satellite jammers

New Delhi, June 10 -- The Ministry of Defence (MoD) on Wednesday signed a contract with Bengaluru-based Accord Software and Systems Private Ltd (ASSPL) for the procurement of 20 Enhanced Capability Gl... Read More


Apple's premium store partner Unicorn targets Rs.6,000 crore turnover in 3 years

New Delhi, June 10 -- Apple's largest Indian retail partner, Unicorn Infosolutions, announced on Wednesday that it plans to reach a revenue target of Rs.6,000 crore within three years by opening 50 ne... Read More


MEPZ SEZ exports remain flat at Rs.2.22 lakh crore in FY26

New Delhi, June 10 -- Exports from the MEPZ Special Economic Zone (SEZ) stood at Rs.2.22 lakh crore in FY26, registering marginal growth from Rs.2.13 lakh crore in the previous fiscal, according to Al... Read More