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India Temporarily Removes Cotton Import Duty To Support Textile Industry

New Delhi, Aug. 19 -- The government has temporarily eliminated the 11 percent duty on raw cotton imports for 42 days ending September 30, providing interim relief to the textile and garment sector am... Read More


A race to Rs.10 trillion market cap: Steady HUL or diversified ITC?

New Delhi, Aug. 19 -- Hindustan Unilever Ltd. (HUL) and ITC Ltd. are neck and neck in the market-cap race to Rs.10 trillion. HUL is currently valued at about Rs.5.31 trillion, while ITC stands at Rs.... Read More


Alkem Labs launches Olesoft Trucera moisturizing lotion

Mumbai, Aug. 19 -- According to an exchange filing, Olesoft Trucera contains N-Palmitoyl Serinol, which stimulates the skin's natural ceramide production, a potent blend of five ceramides to lock in m... Read More


Barometers trade with substantial gains; FMCG shares in demand

Mumbai, Aug. 19 -- The key equity indices traded with decent gains in the mid- afternoon trade. The Nifty traded above the 24,950 mark. FMCG shares extended gains for two trading session. At 14:30 I... Read More


Global PE firms, domestic giants circle Statkraft's India assets

Mumbai, Aug. 19 -- Global private equity firm Blackstone and Gurugram-based Serentica Renewables are leading therace to acquire the solar assets of Norwegian energy firm Statkraft in India, while Adan... Read More


Blackstone, Serentica, Adani, JSW circle Norwegian Statkraft's India assets

Mumbai, Aug. 19 -- Global private equity firm Blackstone and Gurugram-based Serentica Renewables are leading the race to acquire the solar assets of Norwegian energy firm Statkraft in India, while Ada... Read More


GST reforms and inflation: Will Modi government's move pave the way for an RBI rate cut?

New Delhi, Aug. 19 -- On August 15, Prime Minister Narendra Modi announced a major Diwali gift for Indian consumers that could potentially revive sluggish consumption trends, ease inflationary pressur... Read More


Vodafone Idea partners with IBM to boost efficiency and service with AI and DevOps

Mumbai, Aug. 19 -- Telecom player Vodafone Idea (Vi) has announced a strategic collaboration with IBM to enhance operational efficiency, service reliability, and customer experience through advanced a... Read More


Elon Musk vs Sam Altman feud takes a twist as xAI boss praises ChatGPT-5's 'I don't know' response

New Delhi, Aug. 19 -- After having a heated spat with OpenAI CEO Sam Altman over the last week, Elon Musk has gone on to praise the company's latest GPT-5 model. The xAI CEO, while replying to a post ... Read More


Resilience may be costly but even the private sector cannot do without it

New Delhi, Aug. 19 -- The global economy is dominated by an intricate web of supply chains that move products almost seamlessly across national boundaries. This system has served the world well for mo... Read More