Ride-hailing platform BluSmart, has abruptly halted new bookings in key parts of Delhi-NCR, Mumbai, and Bengaluru, triggering fresh concerns over the company’s future. While the app is still available on the Play…
Category: BUSINESS
Centre may target asset monetisation of Rs 2L cr in FY26 – Infrastructure News
The Centre may set an asset monetisation target of `1.9-2 lakh crore in FY26 under the second phase of the National Monetisation Pipeline (NMP), with a focus on sectors such as roads,…
Paytm’s Vijay Shekhar Sharma foregoes 2.1 crore ESOPs amid SEBI scrutiny – Industry News
Paytm on Wednesday said that its founder and CEO Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore employee stock options (ESOPs) that were previously granted to him. The move comes just months…
Wipro signals weak start to FY26 – Industry News
The country’s fourth-largest IT services firm, Wipro on Wednesday, beat analyst expectations on the profit front in the January-March quarter, but failed to meet revenue estimates, highlighting continued demand weakness in the…
Medical devices makers demand 7.5% safeguard duty on imports – Industry News
Rising “indirect imports” from China coupled with falling exports have prompted domestic medical device manufacturers to seek intervention from the commerce minister Piyush Goyal. In a letter to Goyal, the association of…
Global goods trade to contract 0.2% in 2025: WTO – Industry News
The global merchandise trade volumes are expected to contract by 0.2% on year in 2025 as against the earlier projection of 2.7% expansion, due to the global tariff war triggered by the…
MFs pare holdings in IndusInd; FPIs, retail investors add – Banking & Finance News
Mutual funds have cut their exposure to IndusInd Bank to 27.55% in the January-March quarter, from 30.31% in the October-December quarter. Promoter shareholding, too, saw a marginal decline to 15.83% from 16.29%,…
Jaggi mantra: Take institutional loans, launder funds, fatten your wallet – Industry News
Till recently, Anmol Singh Jaggi was celebrated as a pioneer in India’s renewable energy sector. His stock went up when he co-founded BluSmart Mobility, India’s first all-electric ride-hailing platform in 2019. That…
JSW in talks with China, Korea for EV battery tech – Express Mobility News
In a strategic move to gain greater control over its electric vehicle (EV) supply chain, JSW Group is in discussions with Chinese and South Korean firms to acquire battery cell technology. This…