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By Kirti Srinivasan , 16 September 2025
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Hyderabad Grapples with Severe Flooding as Torrential Rains Submerge the City

Hyderabad is facing an unprecedented flooding crisis following torrential rains that began late Sunday, September 14, 2025. The heavy downpour has inundated streets, overwhelmed drainage systems, and stranded vehicles across the city. At least three people are reported missing, prompting urgent search and rescue operations. Major thoroughfares, residential areas, and public transport networks have been severely disrupted. Authorities have issued advisories urging residents to stay indoors and avoid travel.

Tags

  • Monsoon
  • Floods
By Gurleen Bajwa , 16 September 2025
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Skybridge Ventures Places Strategic Bet on India’s Housing Finance Market

Skybridge Ventures has announced a significant investment in India’s housing finance sector, underscoring its confidence in the country’s expanding middle class and surging demand for affordable homeownership. The move comes at a time when India’s real estate market is experiencing a structural shift, supported by government incentives, rising urbanization, and improved access to credit.

Tags

  • Finance
  • Real Estate
  • Business
By Vinod Pathak , 16 September 2025
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Uttar Pradesh Targets $50 Billion in Exports by 2030 Through Policy Reforms and Industrial Push

Uttar Pradesh has unveiled an ambitious plan to double its exports to $50 billion by 2030, positioning itself as a key driver of India’s trade growth. The state government is focusing on a mix of policy reforms, infrastructure upgrades, and sector-specific incentives to boost competitiveness across global markets. By leveraging its strengths in textiles, handicrafts, food processing, and electronics, UP aims to diversify its export basket while deepening linkages with international buyers.

Tags

  • Infrastructure
  • Logistics
  • Economy
  • Employment
By Nishant Verma , 16 September 2025
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Trump Pushes for Tariffs on China, Proposes Ban on Russian Oil Imports

Former U.S. President Donald Trump has called for sweeping tariffs on Chinese imports while proposing a complete ban on Russian oil shipments, signaling a hardline stance on trade and energy security. His remarks reflect growing geopolitical tensions and rising concerns about America’s economic vulnerability to foreign powers. Trump argued that tariffs would protect domestic industries from Chinese competition, while curbing Russian oil imports would weaken Moscow’s leverage over global energy markets.

Tags

  • Economy
  • Energy
  • Trade
By Vinod Pathak , 16 September 2025
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Myntra Posts Record Rs. 548.3 Crore Profit in FY25, Driven by Fashion and Beauty Growth

Myntra, India’s leading fashion and lifestyle e-commerce platform, reported a net profit of Rs. 548.3 crore for the financial year ending March 2025, marking a significant turnaround from previous years. The sharp rise in profitability was fueled by strong demand for fashion, footwear, and beauty products, coupled with operational efficiencies and an expanded customer base across urban and semi-urban markets.

Tags

  • E-Commerce
  • Company Results
  • Fashion & LIfestyle
By Kunal Shrivastav , 16 September 2025
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Flipkart India Reports Rs. 5,189 Crore Loss in FY25 Amid Rising Operating Costs

Flipkart India, one of the country’s largest e-commerce players, reported a net loss of Rs. 5,189 crore for the financial year ending March 2025, reflecting an increase from the previous year’s Rs. 4,899 crore loss. While the company recorded steady growth in gross merchandise value and expanded its customer base, higher operating expenses, heavy investments in infrastructure, and intensified competition in the online retail space contributed to the widening deficit.

Tags

  • E-Commerce
  • Company Results
  • Business
By Gurleen Bajwa , 16 September 2025
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Tata Technologies Acquires ES-Tec Group in Euro 75 Million Deal to Strengthen Global Engineering Capabilities

Tata Technologies, the engineering and product development arm of the Tata Group, has announced the acquisition of ES-Tec Group, a Germany-based engineering services firm, for Euro 75 million (approximately Rs. 670 crore). The acquisition underscores Tata Technologies’ intent to enhance its global footprint, expand its automotive engineering expertise, and deepen its presence in the European market.

Tags

  • Engineering
  • Company News
By Nimrat , 16 September 2025
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MSIL Sets Rs. 10,000 Crore Chit Fund Target by 2028

Maruti Suzuki India Ltd. (MSIL), the country’s largest carmaker, is venturing deeper into the financial services space with an ambitious plan to scale its chit fund business to Rs. 10,000 crore by 2028. This strategic expansion reflects the company’s intention to diversify beyond automobile manufacturing and strengthen its presence in financial solutions tailored to middle-class households and small businesses.

Tags

  • Automobiles
  • Financial Sector
  • Business
By Gurleen Bajwa , 16 September 2025
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Hyundai Sees Growth Momentum Fueled by GST Relief and Rising Exports

Hyundai Motor India is projecting stronger growth in the coming quarters, citing a combination of supportive tax policies and robust export performance. The automaker believes that a cut in Goods and Services Tax (GST) rates on vehicles would provide a substantial boost to domestic demand, particularly in price-sensitive segments. At the same time, Hyundai’s export operations continue to deliver momentum, positioning India as a key hub for the company’s global supply chain.

Tags

  • Automobiles
  • Company News
  • GST
By Manbir Sandhu , 16 September 2025
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UBL Anticipates Strong Volume Growth, Sees GST Driving Higher Consumption

United Breweries Ltd. (UBL), India’s largest beer manufacturer, is forecasting steady volume growth over the coming quarters, supported by favorable market trends and a gradual revival in discretionary spending. The company expects the Goods and Services Tax (GST) framework to further stimulate consumption by simplifying taxation and reducing inefficiencies in the distribution chain. UBL’s optimism reflects not only its confidence in India’s expanding consumer base but also its belief that structural reforms will strengthen long-term demand for alcoholic beverages in the country.

Tags

  • Business
  • Company News
  • GST

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