business
Senior citizens, women in focus: Sebi plans special perks for select investors; aims to boost retail bond participation
The Securities and Exchange Board of India is proposing new incentives to revive the country’s debt market. Issuers could offer higher coupon rates or discounts to senior citizens, women, armed forces personnel, and retail subscribers. This move aims to encourage more retail investors to participate in bond issuances. Public comments on the proposal are invited…
Adani Energy Solutions Q2 results: Profit jumps 43% in H1 FY26; firm commissions 3 projects, eyes Rs 1 crore smart meters target
Adani Energy Solutions reported robust H1 FY26 results, with total income up 16.4% to Rs 13,793 crore and EBITDA rising 13.4%. The company commissioned three new transmission lines and achieved a record 74 lakh smart meter installations, underscoring strong operational execution and a significant growth pipeline.
Relief for Vodafone: Supreme Court permits Centre to reassess telecom operator’s AGR dues; check details
The Supreme Court permitted the Centre to re-evaluate Vodafone’s adjusted gross revenue dues, citing the interests of its 20 crore consumers and the government’s 49% equity stake. This decision acknowledges the matter as within the Union government’s policy domain, allowing for reconsideration of the telecom operator’s financial obligations.
Madoff’s investment fraud: HSBC books $1.1 billion provision; shares dip
HSBC Bank has set aside $1.1 billion for a claim linked to Bernard Madoff’s massive investment fraud. This provision, impacting the bank’s third-quarter results, follows a partial loss in a Luxembourg court appeal. The case involves Herald Fund, which sued HSBC in 2009 after Madoff’s Ponzi scheme collapsed, leaving many investors devastated.
Tesla workers vs Musk: Why Swedish mechanics have been on strike for two years
Swedish Tesla mechanics are on strike for two years, demanding a collective bargaining agreement, a cornerstone of the nation’s labour system. Despite Elon Musk’s anti-union stance, the dispute has escalated, drawing support from other unions and becoming a test for Sweden’s renowned labour model. With no resolution in sight, workers are determined to defend a…
Billionaire Ray Dalio thinks American economy is dependent on the 1%; with only three states driving its GDP
Speaking at the Fortune Global Forum in Riyadh, the Bridgewater Associates founder said the US economy can no longer be viewed “as a whole.” “You have to look at everything in terms of the very, very big differences and how those differences are handled,” Dalio said. He explained that about 1% of Americans — roughly…
Corporate confidence dips in Q2 FY26: India’s business sentiment slows amid US tariffs, global uncertainty – NCAER report
Indian business confidence dipped in Q2 FY26, breaking a three-quarter improvement streak. Global trade tensions and US tariffs impacted sentiments, especially for larger firms. Despite this, overall confidence remains stronger than last year, with domestic policy reforms expected to boost growth in coming quarters. MSMEs, however, saw a slight uptick.
India’s FY26 growth forecast: Economy set to boom despite global trade challenges – Finance ministry outlook shows
India’s economy is poised for robust growth in FY26, defying global trade headwinds. Strong domestic demand, easing inflation, and impactful reforms like GST are key drivers. Favorable monsoon and steady supply-side improvements further bolster the positive outlook, with international bodies revising growth forecasts upwards.
‘Ready to talk’: Canadian PM says open to resuming US trade talks with Trump; Carney set to meet Xi
Canada’s Prime Minister is open to resuming trade talks with the US, despite recent tariff hikes. This comes after President Trump halted negotiations following a controversial advertisement. Canada plans to continue diplomatic efforts and will also discuss global trade with China’s President. The ongoing tariffs are significantly impacting Canadian industries.
