Business

MUMBAI: US tariffs never impacted Crocs’ sourcing plans from India, a market key to the American footwear company’s supply chain diversification strategy and where it has expanded to five factories over the past three years, said EVP and brand president Anne Mehlman, adding that lower tariffs now gives the firm more room to broaden sourcing…

MUMBAI: The old joke about bankers was that they would lend you an umbrella when the sun was shining. Following the pushback against the surge in unsecured loans, that is what banks are doing, lending to customers who already have the resources. However, many customers are taking personal loans despite having savings, given the convenience…

NEW DELHI: Smartphones, led largely by Apple’s iPhone, emerged as India’s top export category for the first time, overtaking automotive diesel fuel in 2025, official data showed, indicating the impact of policy measures to boost exports. Exports of smartphones during Jan-Dec 2025 rose to about $30.1 billion, up 47.5% from $20.4 billion in 2024, while…

BENGALURU: Deeptech funding in India surged 37% year-on-year to $2.3 billion in 2025, outpacing broader venture capital growth and cementing artificial intelligence as the primary engine of the country’s startup ecosystem, according to Nasscom and Zinnov’s latest Indian Tech Start-up Report.Overall tech startup funding rose 23% to $9.1 billion during the year, even as investors…

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex dropped in opening trade on Friday on weak global cues and falling global markets. At 9:17 AM, Nifty50 was trading at 25,403.15, down 93 points or 0.37%. BSE Sensex was at 81,986.79, down 262 points or 0.32%.Analysts are of the view that the…

BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net…

Top stocks to buy (AI image) Stock market recommendations: Bajaj Broking Research recommends Colgate-Palmolive (India), and Varun Beverages as the top stocks to buy on February 27, 2026. The brokerage shares a detailed outlook on Nifty and Bank Nifty:Index view: NiftyIndian equity markets witnessed a highly volatile trend during last week, oscillating within a defined…

Paramount Skydance is now on track to take over Warner Bros. Discovery after Netflix withdrew from the bidding war. The move hands control of a vast entertainment empire spanning: CNN, Nickelodeon, HBO, and Warner’s blockbuster franchises, to the Ellison family, headed by Oracle founder Larry Ellison and his son, Paramount CEO David Ellison.Netflix co-CEOs Ted…

NEW DELHI: Amid uncertainty over tariffs imposed by the US, commerce and industry minister Piyush Goyal met US commerce secretary Howard Lutnick in the Capital on Thursday, signalling that both sides remain engaged on the issue.The details of what transpired remain unclear. “Engaged in very fruitful discussions to expand our trade and economic partnership,” Goyal…

Prime Minister Narendra Modi will inaugurate US-based chipmaker Micron Technology’s semiconductor assembly and testing plant at Sanand in Gujarat on Saturday(February 28).The state-of-the-art ATMP (Assembly, Testing, Marking and Packaging) facility has been set up with an investment of Rs 22,516 crore. Located near Ahmedabad, the Sanand plant marks a major step in India’s semiconductor journey…