Business

The Department of Telecommunications (DoT) on Thursday withdrew a duplicate Gazette notification issued last month, clarifying that the amended Telecommunication Cyber Security (TCS) Rules, 2025 – notified on October 22 – remain fully in force.The clarification came after the same TCS amendment notification was inadvertently republished on October 29 in place of a different rule…

German chemical major Wacker Chemie on Thursday announced plans to cut 1,500 jobs, nearly a tenth of its global workforce, as the industry faces one of its toughest periods in decades. The company said most of the reductions will take place in Germany, with the process to be completed by the end of 2027, according…

The Income Tax department will begin sending SMS and email alerts from November 28 to about 25,000 individuals flagged as “high-risk” for not disclosing foreign assets in their income tax returns (ITRs) for Assessment Year 2025–26, PTI reported citing sources. The cases were shortlisted on the basis of data received from foreign jurisdictions under the…

Nifty & Sensex at record high! Experts are of the view that the stock market rally is driven by multiple factors. (AI image) Nifty50 and BSE Sensex, the Indian equity benchmarks, are finally rallying – and how! Both the 50-shares and 30-shares indices hit new lifetime highs on Thursday on the back of a strong…

Gold price structure now indicates that buyers are firmly in control, and dips are likely to attract fresh demand. (AI image) Gold and silver price prediction today: Gold prices and silver prices are showing strength again and are likely to maintain a bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…

Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…

NEW DELHI: Govt on Wed-nesday cleared an incentive scheme with an outlay of Rs 7,280 crore for establishing domestic capacity for manufacturing 6,000 tonne of integrated rare earth magnets annually with the aim of breaking China’s stranglehold over this vital input for a host of industries ranging from automobiles to aerospace and defence.Govt will allot…

Once the face of India’s digital education boom, Byju’s rose from a modest learning app to a global edtech powerhouse valued at $22 billion at its peak. Its branding dominated cricket jerseys, international billboards, backed by aggressive expansion and pandemic-fuelled demand.However, the company that once symbolised India’s growing edtech aspirations is now mired in lawsuits,…

MUMBAI: A strong closing in the US market on Tuesday night, slide in crude oil prices and expectations of a rate cut in the US and in India combined to lift investor sentiment on Dalal Street that in turn led to a 1,022-point rally in sensex, which closed at 85,610 points on Wednesday.At close, the…