Business News

Mumbai. Tuesday, 26 May 2026 The Economic Offences Wing (EOW) of the Mumbai Police has tightened the legal loop around the Anil Dhirubhai Ambani Group (ADAG) by registering a fresh criminal case involving an alleged ₹150 crore bank fraud. The investigation, initiated at the Cuffe Parade Police Station, target former …

New Delhi. Tuesday, 26 May 2026 The Ministry of Petroleum and Natural Gas has confirmed that while recent fuel price revisions have cushioned the financial impact on public sector Oil Marketing Companies (OMCs), significant under-recoveries persist due to deep-seated geopolitical strains. Joint Secretary Sujata Sharma reported that daily losses dropped …

Mumbai. Tuesday, 26 May 2026 State-run energy giant Oil and Natural Gas Corporation (ONGC) has finalized a major agreement, selecting BP Exploration Services India Limited (BPXS)—a subsidiary of British energy giant BP Plc—as its Technical Services Provider (TSP). This high-profile partnership aims to check production declines and reverse output trends …

Mumbai. Tuesday, 26 May 2026 Rail Vikas Nigam Limited (RVNL), the prominent Navratna public sector undertaking operating under the Ministry of Railways, has officially declared its financial performance for the final quarter (Q4) of the fiscal year 2026. The earnings report presents a contrasting picture: ground-level project execution remains highly …

New Delhi. Tuesday, 26 May 2026 Imagine getting a call from an Indian number starting with +91. The voice on the other end claims to be a police officer, a telecom official, or a customs agent. They tell you your SIM card is about to be deactivated, or that a …

Mumbai. Monday, 25 May 2026 Optimism swept across Dalal Street on Monday as the Indian stock market witnessed a spectacular broad-based rally. Driven by easing global geopolitical tensions, a resurgence in Foreign Institutional Investor (FII) buying, and strong domestic macros, the benchmark indices posted their best session in recent weeks. …

Mumbai. Monday, 25 May 2026 In what defense analysts are calling the most consequential defense procurement decision of 2026, the Indian Ministry of Defence (MoD) is preparing to officially issue a Request for Proposal (RFP) and tenders to three private sector industrial heavyweights for the Advanced Medium Combat Aircraft (AMCA) …

Mumbai. Monday, 25 May 2026 The Multi Commodity Exchange of India (MCX), based in Mumbai, recorded an exceptionally high-volume trading session with total turnover hitting a massive ₹2,41,941.95 crore. Market data reveals that the session was primarily fueled by explosive growth in commodity options trading rather than traditional futures contracts. …

Mumbai. Monday, 25 May 2026 India’s leading automobile manufacturer, Tata Motors, is preparing to shake up the budget vehicle segment yet again. The company is all set to officially launch the refreshed, heavily updated version of its popular hatchback, the Tata Tiago, on May 28, 2026. True to its multi-powertrain …

Mumbai. Monday, 25 May 2026 A massive consolidation play is shaking up India’s fast-growing smart metering and digital power distribution landscape. Infrastructure giants Adani Group and GMR Group have emerged as the leading contenders in the final phase of the sale process for IntelliSmart Infrastructure Private Limited. The proposed transaction, …