Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
India is planning to raise the FDI limit in public sector banks to up to 49% amid a flurry of M&A deals in the private corner of India’s financial services industry, Reuters reported on Monday citing sources. The finance ministry has been for the past couple of months discussing with the RBI the matter of […]
Swedish home furnishings giant IKEA India Private Limited has leased 37,259 sq ft of retail space at Phoenix Marketcity Mall, Viman Nagar Road, Pune, for a total rent of ₹23.54 crore for 4 years and 11 months, according to property registration documents accessed by CRE Matrix. The ground-floor space will have a starting monthly rent […]
Cipla Ltd. has signed a deal with Eli Lilly & Co. India Pvt. Ltd. to market the blockbuster weight-loss drug Mounjaro under a new brand name—Yurpeak. Eli Lilly has partnered with Cipla to market its weight-loss drug Mounjaro as Yurpeak in India. (Representational Image/Adobe) As part of the agreement, the US-based drugmaker will manufacture and […]
Orkla India Ltd. has announced the price band for its ₹1,667.54-crore IPO for a valuation of up to ₹10,000 crore. Norway’s Orkla ASA entered India in 2007 with the acquisition of ready-to-eat foods maker MTR Foods. (Livemint) The Orkla India IPO will see the parent company of ready-to-eat brand MTR Foods sell 2.28 crore shares […]
India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing sources. That potentially removes a major hurdle to the India-US trade deal that’s been in the works for months. India imported 1.7 million barrels per day of Russian crude in […]
Gold prices in India have corrected for the third straight day, amid concerns that the bullion market was overheating after a blistering rally to record highs. Gold is behaving like an elastic band that’s been pulled too far and is now snapping back hard. (Unsplash) On 23 October 2025, MCX gold rate fell 0.73% to […]
India and the US are nearing a long-stalled trade deal that would reduce American tariffs on Indian imports to 15 per cent to 16 per cent from 50 per cent, Mint reported, citing three people aware of the matter. US President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday. (PTI file) […]
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries at US regional banks have rattled investors globally. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) Over the […]
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
Coca-Cola Co. is considering a listing for its bottler in India in an IPO that can fetch up to $1 billion, according to people familiar with the matter. A Coca-Cola India IPO would only happen in 2026, if the talks hold through. (AFP) The American company has met with bankers in recent weeks to discuss […]
