SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

The country’s largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. Photograph: Danish Siddiqui/Reuters State

Why BlackBuck plans to move out of Bengaluru after 9 years

Online trucking platform BlackBuck co-founder & CEO Rajesh Yabaji on Tuesday said that the company has decided to move out of its current location at Bellandur on Bengaluru’s Outer Ring Road (ORR), citing commuting and road infrastructure issues. IMAGE: The

FMCG majors cut prices as firms pass on GST benefit to consumers

Several fast-moving consumer goods (FMCG) companies have said that they would pass on the full benefit of   goods and services tax (GST) rate cuts to consumers starting September 22. Photograph: Mansi Thapliyal/Reuters Dairy major Mother Dairy, on Tuesday, announced

Most Mother Dairy products to be cheaper from Sep 22

Mother Dairy on Tuesday said it will pass on 100 per cent GST reduction benefits to consumers and most of its products including value-added dairy products and processed foods (under Safal brand) will become cheaper with effect from September 22.

Ola Electric achieves 1 mn production milestone; rolls out RoadsterX+

Ola Electric on Tuesday said it has rolled out one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu. Photograph: Courtesy, Ola Electric Ola Electric commenced production in 2021 and has achieved this landmark in under four years, driven by strong

Sensex jumps 595 pts as India, US begin trade talks

Stock markets rebounded on Tuesday, with the benchmark Sensex climbing nearly 595 points, amid hopes of a positive outcome from the India-US trade talks. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex jumped 594.95 points or 0.73 per cent to settle

Will Mumbai’s Redevelopment Boom Last?

‘Developers have started offering 70% to 100% extra area and beyond.’‘If the market cycle shifts — as many are already predicting with signs of price saturation and reduction — most recent redevelopment projects will unravel.’ Kindly note the image has

Govt Targets 100 Products For Aatmanirbhar Push

‘Our endeavour will be that we identify these products, put them in the public domain so that the manufacturers can look at them and give a boost to Make in India.’ Illustration: Dominic Xavier/Rediff   To make India more self-reliant,

ITR filing deadline extended by a day to Sep 16

The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. Illustration: Dominic Xavier/Rediff A record over 7.3

India-US trade talks to resume with Lynch’s arrival

Trump administration’s chief negotiator Brendan Lynch is arriving in New Delhi tonight to hold a day-long talk on India-US bilateral trade deal, which were impacted after imposition of 50 per cent import tariffs by the US on Indian goods. Illustration: Dado