Business

Jio Platforms is waiting for the government to issue final guidelines on SEBI’s proposed changes to IPO rules before finalising its listing plans, a senior company official said. The company’s IPO timeline will depend on when these regulatory details are clarified.SEBI in September approved proposals to relax initial public offering requirements for very large companies…

Representative image (AI) HYDERABAD: Global fast moving consumer goods (FMCG) giant Unilever is open to the of setting up its global capability centre (GCC) in Hyderabad and top brass of the company held deliberations on the issue with Telangana chief minister A Revanth Reddy at the World Economic Forum (WEF) at Davos.The CM, who is…

HYDERABAD: In line with its strategy sharpen its focus on fast growing markets of central India, KONE India has set up its central region office in Hyderabad, which is its fifth regional office in the country. The new office will cater to states such as Madhya Pradesh, Chhattisgarh and parts of Maharashtra, in addition to…

BENGALURU: ElevenLabs, a voice AI startup valued at about $6.6 billion, has appointed Karthik Rajaram as general manager and country head for India, as the company sharpens its focus on the market amid rising adoption of AI-generated voice and audio tools.In his new role, Rajaram will lead ElevenLabs’ go-to-market strategy and revenue growth in India,…

Foreign investors sold Indian equities worth about $3 billion in January, the largest monthly outflow since August. (AI image) Stock markets saw a very sharp selloff on Tuesday, resulting in market capitalization dropping and investors’ wealth eroding by as much as Rs 9.86 lakh crore. Both Nifty50 and BSE Sensex declined by over 1%, dropping…

India is stepping up the adoption of battery and alternative fuel-powered train engines as it moves to phase out diesel locomotives on short and medium-distance routes, following the near-complete electrification of its rail network.With just 405 route kilometres (rkm) left to be electrified out of a total 70,117 rkm, officials said the focus of the…

Representative image (AI-generated) The Indian rupee weakened by 7 paise on Tuesday, closing at a record low of 90.97 against the US dollar. This comes as strong dollar demand from metal importers and continued foreign fund outflows weighed on investor sentiment.Forex traders said that the rising geopolitical uncertainties, including fresh US expansionary signals, have increased…

Representative image (AI) MUMBAI: A new technology festival, ImagiNxt 2026, will make its debut in Mumbai in May, positioning itself as a cross-sector platform linking India’s startup ecosystem with policymakers, investors and global technology leaders. The two-day event will be held on May 22–23 at the Jio World Centre.Organisers say the idea behind ImagiNxt is…

Netflix has revised its proposed acquisition of Warner Bros. Discovery, shifting to an all-cash transaction valued at USD 27.75 per share. The move aims at simplifying the deal structure and strengthening its position amid rival takeover efforts.The revised offer values Warner Bros. Discovery at an enterprise value of about USD 82.7 billion, including debt and…

NEW DELHI: Hospitality major ITC Hotels has reported its highest ever quarterly revenue and profit in October-December 2025 period. While consolidated revenue from operations rose 21% to Rs 1,231 core, profit rose 42% (from same period last fiscal) to Rs 307 crore. ITC Hotels share price closed 2.6% lower at Rs 180.3 on BSE Tuesday…