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Everstone said to sell stake in India's Burger King operator Restaurant Brands Asia

India, Jan. 19 -- Everstone Capital plans to sell its entire 11.26% stake in Burger King's India and Indonesia operator Restaurant Brands Asia Ltd., underscoring fast-food churn in the world's most po... Read More


IT stocks lead Sensex, Nifty 50 higher after Infosys raises revenue forecast

India, Jan. 16 -- India's stock market rose today, supported by a surge in IT stocks after Infosys Ltd. raised its full-year revenue growth outlook. At 10:20 am, the Nifty 50 rose 0.64% to 25,830.95,... Read More


Reliance clocks flat profit in Q3 as weak O2C revenue offsets gains in Jio

India, Jan. 16 -- Reliance Industries Ltd. barely grew its bottomline in the fiscal third quarter as weak oil & gas revenue offset gains in the telecom and retail businesses. Consolidated net profit ... Read More


Union Budget 2026 likely to peg India's fiscal deficit target at 4.3%, ICRA says

India, Jan. 16 -- The government is likely to peg India's fiscal deficit target at 4.3% of the GDP for 2026-27 amid a double-digit growth in capital expenditure, ICRA said. Union Budget 2026 is set t... Read More


Union Budget 2026: Stock market to stay open on budget day - a Sunday

India, Jan. 16 -- India's stock markets will remain open for trading on budget day despite being a Sunday, marking a rare instance for both the Union Budget 2026 as well as Dalal Street. The timings w... Read More


Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case

India, Jan. 15 -- Tiger Global's $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of India said on Thursday in what... Read More


India's trade deficit slightly widens to $25.04 billion in December 2025

India, Jan. 15 -- India's trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs. Exports rose to $38.51 billion in De... Read More


Ericsson plans layoffs in Sweden that'll affect at least 1,600 jobs

India, Jan. 15 -- Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs. The cuts will impact its Swedish workforce and the compan... Read More


Stock Market Holidays 2026: BSE, NSE closed on Jan 15 for BMC elections, F&O expiry preponed

India, Jan. 14 -- India's stock exchanges have declared a market holiday on 15 January due to BMC Elections 2026. The weekly F&O expiry has been preponed to today. The National Stock Exchange of Indi... Read More


Apple opts for Google Gemini to power Siri in multi-billion dollar AI deal

India, Jan. 13 -- Apple Inc. has chosen Google Gemini over ChatGPT to power its AI technology as well as Siri in a multi-year deal, in what is seen as a big win for Alphabet Inc. over Sam Altman's Ope... Read More