Rasna buys Jumpin, expands into 'ready to drink' category

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India sees growth in mid-market GCCs

India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune are popular locations. Experts predict over 120 new mid-market GCCs by 2026. These centres are expanding beyond just technology.

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FPIs, India-US trade news to dictate Dalal-Street movement

Indian markets are poised to react to foreign fund activity, developments in the India-US trade deal, and the rupee-dollar exchange rate following Moody's US credit rating downgrade. Investors will also be watching quarterly earnings from major companies like ONGC and ITC. Strong participation from both FIIs and DIIs, coupled with global risk appetite, has fueled the recent market rally.

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Tata Steel plans major multi-crore 'cost takeouts' across global units, says CFO

Tata Steel is set to aggressively reduce costs by Rs 11,500 crore globally over the next 12–18 months, building on previous savings. The company aims for significant cost reductions in India, the UK, and the Netherlands through operational improvements and restructuring. Capital expenditure is allocated, with a focus on Indian operations, while net debt has decreased.

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Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000

US authorities have rejected fifteen mango shipments from India at various airports due to documentation irregularities concerning mandatory irradiation treatment. Exporters face approximately $500,000 in losses as they were compelled to dispose of the fruit locally due to high re-exportation costs.

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Gold price prediction: Will gold prices drop to Rs 88,000 per 10 grams? Experts see downside, here’s what investors should do

Gold prices are under pressure, having fallen 7% from their April high, testing a crucial support level. Analysts suggest further declines are possible if key support levels break, influenced by reduced expectations for US rate cuts and diminished trade war concerns.

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Sebi resolves 4,239 investor complaints via SCORES portal in April

In April, SEBI's SCORES platform addressed 4,239 investor grievances while receiving 4,341 new complaints, resulting in a slight increase in unresolved cases to 4,263. Listed companies and intermediaries averaged eight days for Action Taken Reports, with First Level Reviews resolved in four days. The upgraded SCORES 2.0 ensures timely complaint resolution, offering investors options for review and escalation.

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Genesis Advtg & Puretech Digital merge

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CAIT announces trade boycott of Turkey and Azerbaijan over support to Pakistan

The Confederation of All India Traders (CAIT) has announced a nationwide boycott of trade relations with Turkey and Azerbaijan, triggered by their support for Pakistan after India's Operation Sindoor. This includes halting imports, discouraging business engagements, and boycotting Indian films shot in those countries.

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Women hold 17% C-suite roles, 1 in 3 junior positions: Survey

A McKinsey report reveals a stark gender gap in India's corporate leadership, with women holding only 17% of C-suite roles and 20% of board positions. Despite near-equal university enrollment, women are underrepresented in entry-level jobs and face promotion disparities. The report highlights a significant age gap at entry-level and higher attrition rates for women in initial roles.

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Sensex soars 1,200 points on Trump’s ‘zero tariff’ note

Market sentiment surged following positive news, including US President Trump's hint at a potential zero-tariff deal with India and encouraging domestic inflation figures. This led to a significant rally on Dalal Street, with both the Sensex and Nifty reaching seven-month closing highs. Foreign funds fueled the surge, while investors saw a substantial increase in wealth.

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Tata Power to bid for UP discoms in core business push

Tata Power will bid for Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam in Uttar Pradesh. The company aims to expand its transmission and distribution business. Tata Power currently serves 12.5 million customers and wants to reach 40 million in five years. The company is also awaiting legal clarity on small modular nuclear reactors.

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Days before fresh trade talks, India initiates WTO action on US steel duties

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'Stop using such sites': EaseMyTrip's Nishant Pitti calls for boycotting 'Chinese products endorsements' over support to Pakistan

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Piyush Goyal to lead delegation to US for key trade talks from May 17

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Some versions of Apple's iOS vulnerable: CERT-In

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US & China agree to cut tariffs for 90 days in bid to defuse trade war

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Sensex soars 2,975 points, largest single-day gain

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PNB targets 58% of loan book from RAM segment in FY26 to offset rate-linked margin pressure

Punjab National Bank (PNB) aims to increase lending to the Retail, Agriculture, and MSME (RAM) sectors to 58% of its total loan book in FY26, up from 56% in FY25. This strategic shift is designed to mitigate margin pressures from interest rate cuts in corporate and repo-linked lending.

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US-UK trade deal may have pointers for India

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