Business
Accor Expands North India Footprint with Novotel Lucknow Convention Centre
Global hospitality group Accor has announced the signing of Novotel Lucknow Convention Centre, located in Golf City. This development is set to bolster Accor's presence in North India and enhance its offerings for the MICE sector.
16 Jun 2026
Hitachi Energy to Invest ₹2,000 Cr in Gujarat Transformer Plant
Hitachi Energy India Limited is set to establish a new transformer manufacturing facility in Karjan, Vadodara, Gujarat, with an investment of approximately ₹2,000 crore. The plant aims to bolster India's power grid infrastructure.
16 Jun 2026
Care Economy Recognized as Essential Economic Infrastructure
An article by Suryaprabha Sadasivan, Senior Vice President at Chase Advisors, argues that the care economy is a fundamental component of economic infrastructure.
16 Jun 2026
India's Tax Structure Hinders Formal Job Market Growth
An 18% tax on formal employment is presented as a significant obstacle to India's ambition of building a $5 trillion formal economy. Experts suggest this 'formalisation tax' needs to be removed to foster job growth.
16 Jun 2026
Indian Rupee Hits Record Low of 96.5 Against USD, IT Sector Benefits
The Indian Rupee has reached an all-time low of 96.5 against the US Dollar. While this depreciation poses challenges for many sectors, it is reportedly boosting the performance of the Indian IT sector.
16 Jun 2026
Lemon Tree Hotels Stock Gains Attention Amid Nuvama's Buy Call
Lemon Tree Hotels' financial performance shows a significant rise in profit after tax, even as EBITDA margins experienced a slight dip year-on-year. The company's stock is currently under observation following a maintained 'buy' recommendation from Nuvama.
16 Jun 2026
Vedanta Group Demerges Four Businesses in Historic India Listing
Vedanta Group has launched four new corporate entities through a simultaneous demerger and listing on the BSE and NSE. This strategic move aims to foster focused growth and accelerate value creation across key industrial sectors.
16 Jun 2026
Iran Conflict Alters India's Trade, Oman Emerges as Key Energy Source
Geopolitical shifts due to the Iran conflict are reshaping India's import landscape, with Oman stepping up as a crucial energy supplier. Despite a notable increase in merchandise exports, India's trade deficit widened significantly.
16 Jun 2026
HDFC Bank Shares Rise on Global Optimism and Strong DII Investment
HDFC Bank's stock saw an early surge, opening at ₹780.50 and trading higher, influenced by positive global market sentiment and significant investments from domestic institutional investors in the banking sector.
16 Jun 2026
Vedanta Power Shares Dip Amidst Post-Demerger Price Discovery
Vedanta Power's stock experienced a minor decline in intraday trading, continuing its price discovery phase following a demerger. The shares were trading at ₹40.39.
16 Jun 2026
Chef Sanjeev Kapoor Unveils New USA Blueberries Recipe Book
Renowned Chef Sanjeev Kapoor has launched a new recipe book featuring USA blueberries. This publication expands on his previous work with USA blueberries, which primarily highlighted Indian traditional dishes.
16 Jun 2026
Indian CMOs Lead Global AI Revenue Expectations, Eyeing 5-9% Growth: BCG Report
A recent report by Boston Consulting Group (BCG) indicates that over half of Indian Chief Marketing Officers (CMOs) anticipate a 5-9% revenue boost from AI, positioning India as a global leader in marketing-led AI transformation.
16 Jun 2026