Trump threatens Apple with 25% tariff if iPhones are made in India

US President Donald Trump on Friday again sought to pressurise Apple on its decision to increase production of its iPhone in India. Photograph: Kent J Edwards/Reuters Trump said that Apple will have to pay a 25 per cent import tariffs

Ola Electric to raise up to ₹1,700 crore via NCDs and other debt instruments

Electric two-wheeler company, Ola Electric Mobility Ltd, on Thursday (May 22) said its board has approved a proposal to raise up to ₹1,700 crore through the issuance of non-convertible debentures (NCDs) or other eligible debt securities. The fundraising will be

Dar Credit and Capital IPO Day 3: ₹26 crore SME issue subscribed over 105 times; check GMP and other details

Dar Credit and Capital IPO: The ₹26 crore SME initial public offer (IPO) of Dar Credit and Capital, which opened for subscription on May 21, closed today. Dar Credit and Capital IPO recorded blockbuster subscription numbers, with the issue garnering

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

India’s largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Photograph: Francis Mascarenhas/Reuters Meanwhile,

How National Payments Corporation plans to prevent UPI disruptions in future

The National Payments Corporation of India (NPCI) is stepping up its supervision of the Unified Payments Interface (UPI) to prevent future disruptions caused by stress on the core network. Kindly note the image has been posted only for representational purposes.

Promoters ready to infuse capital in IndusInd Bank: Ashok Hinduja

The ‘swift’ clean-up by the interim management of IndusInd Bank will help rebuild trust in the private sector lender, Ashok Hinduja, Chairman of its promoter grouping IIHL, said on Thursday. Photograph: Anushree Fadnavis/Reuters Hinduja also affirmed IIHL’s commitment to support

ITC Q4 net profit grows nearly four-fold to Rs 19,807 cr

Diversified conglomerate ITC Ltd on Thursday posted a nearly four-fold jump in consolidated net profit to Rs 19,807.8 crore for the quarter ended March 31. Illustration: Dado Ruvic/Reuters It had reported a profit of Rs 5,013.18 crore in the year-ago

IndusInd Bank suspects fraud, certain employees played significant role in recent lapses

IndusInd Bank on Wednesday (May 21) said that its Board suspects a fraud involving certain employees, who played a significant role in the lender’s accounting and financial reporting, and has directed all necessary actions to be taken under applicable laws,

Wall Street today: US stocks mixed as Trump’s tax bill clears House test

US stock indices opened mixed on Thursday after the House of Representatives cleared President Donald Trump’s tax bill, which is expected to burden the country with trillions in debt. At the opening bell, the Dow Jones Industrial Average fell 96.8

Mid-tier IT firms outpaced larger peers’ growth in FY25

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Photograph: PTI Photo from the Rediff Archives Most of these companies — such as Persistent Systems,