Fresh US tariff concerns spook markets; Sensex sinks 548 points

Stock markets closed with losses for the fourth consecutive day on Monday with the benchmark Sensex declining by 548 points as fresh US tariff threats shook investor confidence and triggered selling in bluechip banking, metal and oil shares. Photograph: Danish

Rolls-Royce to Double Supply Chain Sourcing from India in Five Years

Aerospace major Rolls-Royce on Monday said it intends to double its supply chain sourcing from India over the next five years. Photograph: Nadja Wohlleben/Reuters The company will seek to increase its sourcing of complex parts for advanced aerospace engines, naval

FPIs’ incessant selling continues; withdraw Rs 7,300 cr

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries

Why Infosys laid off over 300 freshers

IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers

Adani’s son marries; tycoon donates Rs 10,000 cr

The Rs 10,000 crore that he had pledged will go in the creation of a network of affordable world-class hospitals and medical colleges, affordable top-tier K-12 schools and advanced global skill academics with assured employability. IMAGE: Jeet Adani and his

Markets settle lower after RBI policy; Sensex sheds 109 points

Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI’s rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows. Photograph: Kind courtesy Geralt/Pixabay Registering its third

Venkat K Narayana: ‘Our focus is on converting lands into projects’

‘At present, the idea is to expand, consolidate, and stabilise in South India, Mumbai, Pune and grow on what we have been doing.’ Photograph: Kind courtesy Prestige Group Real estate major Prestige Group reported a sales milestone of Rs 21,040 crore