India’s CEAT Ltd. announced on Friday that it will expand tyre manufacturing capacity at its export-oriented plants in Sri Lanka, amid growing tariff pressures on shipments from India to the United States. CEAT’s subsidiary, CEAT OHT Lanka, signed a $171 million investment agreement with the Board of Investment…
Mumbai, August 25, 2025 – Shares of YES Bank Ltd are in focus after the Reserve Bank of India (RBI) granted approval to Sumitomo Mitsui Banking Corporation (SMBC) for acquiring up to 24.99% stake in the private lender through a secondary share purchase. Importantly, RBI clarified that SMBC…
Signpost India Limited has secured a landmark contract with Bangalore Metro Rail Corporation Ltd. (BMRCL), granting it exclusive advertising rights across 67 key metro stations in Bengaluru for the next nine years, until 2034. The deal covers over 95,000 sq. ft. of advertising space, including both static and…
View on market: Volatility persists, eagerly searching for growth: Asian markets began the week on a positive note, following strong gains from Wall Street. Investors were encouraged after remarks from the US Federal Reserve Chair signaled the possibility of fresh interest rate cuts in the near future. This…
August 22, 2025 – Ola Electric has received overwhelming shareholder support to reallocate its ₹5,500 crore IPO proceeds and extend the timeline for capital deployment. The approval marks a key milestone in the company’s strategic restructuring, ensuring better alignment with its long-term electric vehicle (EV) business goals. Shareholders…
India and Russia have reaffirmed their commitment to deepen bilateral trade ties, signaling that U.S. tariff pressure on New Delhi over Russian oil imports will not disrupt their partnership. U.S. Tariff Pressure on India The Trump administration has threatened tariffs of up to 50% on Indian exports to…
India’s leading real-money gaming platforms — including Dream11, MPL, and PokerBaazi — have suspended cash-based games following the enactment of the Online Gaming Bill 2025. While users can still withdraw wallet balances, no new deposits will be permitted going forward. Online Gaming Bill 2025: Industry Disruption The Promotion…
The Income Tax Department has clarified that individuals will not face prosecution for failing to disclose foreign financial assets valued up to ₹20 lakh, according to a circular issued by the Central Board of Direct Taxes (CBDT) on August 20, 2025. Previous Rules: Jail & Penalty for Non-Disclosure…
The Government of India has approved 23 chip design projects under the Design Linked Incentive (DLI) scheme, aimed at boosting the country’s semiconductor ecosystem. The move supports startups and MSMEs, including Bengaluru-based Vervesemi Microelectronics, to accelerate the design and development of chips and System-on-Chip (SoC) solutions. 23 Chip…
In a significant move that underscores the U.S. government’s deeper involvement in the private sector, the Trump administration has acquired a 10% stake in Intel Corporation, the only American company currently capable of manufacturing advanced chips on U.S. soil. $8.9 Billion Investment in Intel According to a press…