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Wanbury Board approves fundraising and stock options grant; stocks down by 1%
Business

Wanbury Board approves fundraising and stock options grant; stocks down by 1%

Wanbury Limited’s Board of Directors has approved key financial decisions, including raising ₹175 crore through non-convertible debentures (NCDs) and granting 2,00,000 stock options under its

Big Tech is moving on from the DeepSeek shock
Finances

Big Tech is moving on from the DeepSeek shock

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Remember when China’s DeepSeek sent

Mahindra Finance to raise ₹3,000 crore through rights issue 
Business

Mahindra Finance to raise ₹3,000 crore through rights issue 

Mahindra & Mahindra Financial Services Limited (MMFSL) announced today that its Board of Directors has approved a rights issue to raise up to ₹3,000 crore

New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman
Business

New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman

Finance Minister Nirmala Sitharaman on Thursday refuted the allegation that the new Income Tax Bill is just a mechanical change. She introduced the Bill in

US prosecutor in New York quits after Donald Trump’s order to drop mayoral case
Finances

US prosecutor in New York quits after Donald Trump’s order to drop mayoral case

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The top federal

Shriram Finance raises 0 million via SACE ECB loan
Business

Shriram Finance raises $500 million via SACE ECB loan

Non-banking finance company (NBFC) major Shriram Finance has raised $500 million via SACE External Commercial Borrowing Push loan facility, with a tenor of 10 years,

Addverb launches new warehouse robots Trakr 2.0, Brisk and HOCA at LogiMAT India 2025
Business

Addverb launches new warehouse robots Trakr 2.0, Brisk and HOCA at LogiMAT India 2025

Robotic and automation solutions company Addverb launched three new warehouse robots at LogiMAT India 2025, namely Trakr 2.0, a high-order carousel automation (HOCA) system and

Air India restructures overseas network, drops two routes 
Business

Air India restructures overseas network, drops two routes 

Air India is restructuring its international network as it begins retrofitting its legacy Boeing 787 fleet this summer. The airline said today that it will

Trump’s dangerous approach to peace in Ukraine
Finances

Trump’s dangerous approach to peace in Ukraine

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world New US defence

IRCTC to retain convenience fee revenue, unaffected by Railways’ super-app
Business

IRCTC to retain convenience fee revenue, unaffected by Railways’ super-app

India’s IRCTC – the ticketing and catering company of the Indian Railways – will retain its near monopoly control over reserved ticket booking services and