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Adani Portfolio delivers highest annual capex by any Indian corporate at Rs 1,52,967 crore in FY26

Jun 2, 2026

Ahmedabad, June 2 (IANS) Adani Portfolio on Tuesday announced it has delivered the highest annual capex by any Indian corporate at Rs 1,52,967 crore ($16.1 billion) in FY26, with asset base now standing at Rs 7,85,098 crore ($82.2 billion), reflecting accelerated investment cycle.EBITDA for FY26 reached an all-time high of Rs 94,834 crore ($10…

India’s MSMEs resilient despite global tensions: Report

Jun 2, 2026

New Delhi, June 2 (IANS) India’s micro, small and medium enterprises “remains resilient despite global geopolitical uncertainties" and the sector’s credit exposure rose to about Rs 46 lakh crore in April 2026, a report said on Tuesday.The…

Business

Govt opens applications for two Sebi whole-time member posts

Jun 2, 2026

New Delhi, June 2 (IANS) The government has invited applications for two whole-time member (WTM) positions at market regulator Securities and Exchange Board of India (SEBI), with the Department of Economic Affairs (DEA) setting June 30 as…

Business

Kazakhstan headed for Chinese debt trap amid surge in borrowing

Jun 2, 2026

New Delhi, June 2 (IANS) Kazakhstan has been resorting to heavy borrowing from China over the last three years and has piled up a huge debt with the communist country that is expected to grow further, a report has said.The trend of…

Business

Force Motors’ shares drop nearly 6 pc after May sales fall 15 pc

Jun 2, 2026

Mumbai, June 2 (IANS) Shares of automotive manufacturer Force Motors Limited fell sharply on Tuesday after the company reported weak sales numbers for May 2026, with domestic sales slipping to their lowest level in 18 months.The stock…

Business

Nvidia chief bets big on AI memory chip cooperation

Jun 2, 2026

Seoul, June 2 (IANS) Jensen Huang, chief executive officer of US chip giant Nvidia, met with SK Group Chairman Chey Tae-won in Taipei to discuss the future of cooperation in artificial intelligence (AI) memory.The meeting took place in…

Business

Centre changes registration rules for foreigners staying beyond 180 days

Jun 2, 2026

New Delhi, June 2 (IANS) The government has revised rules governing foreign nationals seeking to stay in India beyond 180 days, now requiring them to register before the expiry of the 180-day period instead of after crossing the…

Business

Haryana to commence smart metering works from August 31

Jun 2, 2026

New Delhi, June 2 (IANS) Union Minister for Power and Housing & Urban Affairs, Manohar Lal on Tuesday reviewed power sector related matters of Haryana and the state committed to begin smart metering works on ground from August 31,…

Business

RBI likely to hold rates, outlook expected to turn more hawkish: HSBC

Jun 2, 2026

New Delhi, June 2 (IANS) The Reserve Bank of India is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee meeting, although its communication may turn more hawkish as rising oil prices and a weaker rupee…

Business

Nvidia CEO Jensen Huang backs higher pay amid AI boom

Jun 2, 2026

New Delhi, June 2 (IANS) As the artificial intelligence boom reshapes the global technology industry, compensation and profit-sharing are increasingly emerging as key issues, with Nvidia CEO Jensen Huang arguing that workers should be paid…

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