Business

The Vedanta Limited group’s four demerged businesses are expected to make their stock market debut on Monday, June 15, listing on both the Bombay Stock Exchange and the National Stock Exchange, according to sources. Alongside Vedanta Limited, which is already listed, the shares of four newly created independent entities—Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power, and Vedanta Iron & Steel (VISL)—will begin trading on Indian stock exchanges following the long-anticipated restructuring. The demerger, approved by the National Company Law Tribunal in December last year, follows a 1:1 share entitlement structure, under which shareholders of Vedanta Limited will receive one share in each of the newly formed companies for every share held in the parent e...

The Telecom Regulatory Authority of India (TRAI) has released the findings of an Independent Drive Test (IDT) conducted across East Jaintia Hills and West Jaintia Hills districts and along the Ratha Cherre Khasia Punjee – Jowai stretch of NH-6 in Meghalaya, providing consumers and industry stakeholders with a detailed assessment of mobile network quality in the region.The tests, conducted from March 11 to March 16, 2026 under the North East Licensed Service Area (LSA), covered 213 km of city routes, 98.9 km of highways, 10 hotspot locations and a walk test at District Civil Hospital, Ialong. The exercise evaluated key quality parameters including network coverage, call setup success rate, dropped call rate, speech quality, download and upload throughout, latency and packet loss.According ...

Bajaj Allianz General Insurance Company Limited, one of India's leading private general insurance companies, recently announced the launch of 'My Health Care Plan Edge+'. It is a health indemnity solution aimed at reducing the ever-increasing cost of healthcare, providing better flexibility, and offering customization options based on customer needs to reduce out-of-pocket expenses.Built on the strong foundation of the company's existing MHCP (My Health Care Plan) scheme, this plan integrates core hospitalization coverage with optional riders. It allows customers to customize their policy based on their growing healthcare needs, life stage, and affordability.In this scheme, coverage options starting from ₹5 Lakhs up to ₹5 Crores are made available. Along with this, there is also a facilit...

The Government of Uzbekistan will provide special opportunities for investment to pharmaceutical companies in India.According to a source, Uzbekistan wants to develop the country as a hub for production and supply in the pharmaceutical sector. As part of this plan, the country will offer special incentives/benefits for investment to Indian pharmaceutical companies.In this regard, Uzbekistan's Deputy Minister of Investment, Industry, and Trade, Shakhrukh Gulamov, stated—"Uzbekistan will take special steps with the aim of increasing domestic pharmaceutical production. There will be no complexities in policy-making, and special benefits will be provided in terms of investment. In this regard, the licensing process will be simplified, bureaucratic red tape will be eliminated, and timelines wi...

Malabar Group has spotlighted the growing impact of its flagship social responsibility initiative, Hunger Free World, with the release of a rehabilitation impact report that demonstrates how a daily meal can serve as a catalyst for broader social transformation. Released on World Hunger Day, the report, "Impact Stories: How a Daily Meal Opens the Door to a Transformed Life", outlines the outcomes of the Street Meal Distribution Programme, implemented by Thanal. What began as an effort to provide nutritious meals to individuals facing hunger has evolved into a structured outreach model that facilitates healthcare access, rehabilitation, shelter support, dignity restoration and family reunification. The programme currently operates across 20 states in India and nine countries, includi...

Vodafone Idea (Vi) and Meta have launched Silent Mobile Verification (SMV) capabilities for Vi subscribers across WhatsApp, Facebook and Instagram, underscoring the increasing economic importance of secure digital infrastructure in India's rapidly expanding online ecosystem. The network-based authentication technology enables users to verify their mobile numbers in the background without manually entering verification credentials, switching between applications or waiting for OTP messages. The service will be available across multiple user journeys, including new registrations, mobile number validation, login and re-login, account recovery and authentication during security checks. The partnership reflects a broader industry shift toward network-based verification systems as busines...

In a bid to boost sales, businesses associated with the fashion sector have been observed announcing discounts much ahead of their scheduled time this year. Generally, these establishments begin their discount processes from the month of July. However, due to rising inflation and international geopolitical complexities this time around, they have been seen offering discounts earlier than scheduled.According to sources in the industry sector, sales volume in the country's fashion segment has decreased by 30% over the past two months. Due to the price hike of petrol, diesel, CNG, LPG, and daily essential commodities, a large majority of consumers are currently shying away from extra expenditure.An impact has been observed on the sales of fashion brands under these circumstances. Therefore, ...

Gold prices experienced a notable recovery, with spot gold climbing back above the $4,500 per ounce threshold. This rebound comes as a welcome relief for bullion investors following a sharp selloff in the previous session, triggered directly by a sudden drop in global crude oil prices. The cooling of the energy market has successfully alleviated immediate fears of a massive, energy-fueled inflation wave. Because a surge in oil typically threatens to drive consumer prices higher, the recent pullback has effectively soothed market anxieties regarding an aggressive, near-term interest rate hike by major central banks like the Federal Reserve. The volatility in both commodities remains tightly linked to complex geopolitical dynamics in the Middle East, particularly surrounding the status o...

Mukesh Ambani-led Reliance Industries Limited (RIL) has set a new milestone by securing a massive loan from Japan. This success comes closely after the international credit rating agency, S&P Global Ratings, upgraded the company's credit rating to 'A-'. Reliance Industries has secured a loan of approximately 125 billion Yen (around 830 million US Dollars or over ₹7,000 crore) from Japanese banks.Discussions regarding this loan had been underway for the past several months. As soon as S&P upgraded Reliance's foreign currency rating from 'BBB+' to 'A-', the institution's credibility significantly increased in the global market. Due to this upgraded rating, Japanese investors and banks agreed to provide this massive loan amount to Reliance at a very low interest rate.Several leading ...