South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs 552 crore through an open market transaction. Photograph: Andrew Boyers/Reuters According to the bulk deal
The turnover of FMCG major Nestle India’s has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company’s latest annual report. Photograph: Danish Siddiqui/Reuters At the time of crisis,
India’s job market is witnessing high mobility with a significant percentage of professionals actively seeking new roles, many are now negotiating for better pay within their current organisations, says a survey. Illustration: Dominic Xavier/Rediff The latest Talent Trends India 2025
India’s real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. Illustration: Dominic Xavier/Rediff In a research report, Nomura said there is a “divergence”
Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion. Photograph: ANI Photos In a stock exchange filing,
Global EV giant Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said on Monday. Photograph: Mike Blake/Reuters US President Donald Trump has said that
India’s manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions, a monthly survey said on Monday. Photograph: Rupak De Chowdhuri/Reuters The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index
‘While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.’ Photograph: Kind courtesy Geizkragen69/Pixabay Silver could soon gain favour among investors, especially as global trade deals are formalised. While
Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment of Rs 4,223
Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.
