Business Economy

Sophos, Rubrik launch integrated Microsoft 365 backup and recovery solution

03 Jun 2026 | 2:22 PM

New Delhi, Jun 3 (UNI) Cybersecurity firm Sophos and data security company Rubrik on Wednesday announced the global availability of Sophos Backup and Recovery Powered by Rubrik Cyber Resilience, a new solution designed to help organizations rapidly....

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Govt dismisses Bloomberg report on RBI's gold monetisation as 'Fake'

03 Jun 2026 | 1:05 PM

New Delhi, June 3 (UNI) The government rejected Bloomberg report stating that Reserve Bank of India (RBI) may have sold gold amounting to USD 12 billion.
Dismissing the report as Fake, PIB fact check posted on X, "According to @RBI, the share....

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Services sector activity grows to six-month high, PMI at 59.8

03 Jun 2026 | 12:36 PM

New Delhi, Jun 3 (UNI) India’s services sector activity grew to a six-month high in May, with the HSBC India Services Purchasing Managers’ Index (PMI) rising to 59.8, up from 58.8 in April, as per the data compiled by S&P Global.
“Strengthening....

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03 Jun 2026 | 12:22 PM

New Delhi, June 3 (UNI) The United States Trade Representative (USTR) has proposed imposing additional duties on imports from 60 economies, including India, citing their failure to ban and adequately enforce restrictions on products made using....

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03 Jun 2026 | 1:16 AM

Hyderabad, June 2 (UNI) Avio Smart Market Stack Limited (ASMS) reported a sharp 240 per cent jump in Profit After Tax (PAT) to ₹5.94 crore in FY26, compared with ₹1.75 crore in the previous financial year, driven by strong growth across its business....

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Green Gold Animation Launches FAST Channel ‘Green Gold TV’ on Samsung TV Plus

03 Jun 2026 | 1:09 AM

Hyderabad, June 2 (UNI) Green Gold Animation, one of India’s leading creators of original animated entertainment, on Tuesday announced the launching of its dedicated Free Ad-Supported Streaming Television (FAST) channel, Green Gold TV, on Samsung TV....

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S&P upgrades Sammaan Capital long-term international credit rating to "BB(-)negative"

03 Jun 2026 | 12:11 AM

New Delhi, June 2 (UNI) The international credit rating agency S&P Global Ratings has upgraded Sammaan Capital Limited's long-term international credit rating to "BB(-)negative" with Stable Outlook, the company informed in stock filing on Tuesday.see more..

UP strengthens Pharma Sector push for $1 Trillion Economy; Lucknow’s Jedux emerges among India’s Top IV Fluid Manufacturers

02 Jun 2026 | 11:53 PM

Lucknow, June 2 (UNI) As Uttar Pradesh intensifies efforts to achieve its ambitious $1 trillion economy target, the Yogi Adityanath government is steadily expanding its focus beyond traditional manufacturing and services by aggressively promoting the....

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HCL revives Gujarat Copper project through PPP route

02 Jun 2026 | 10:31 PM

Kolkata, June 2 (UNI) Hindustan Copper Limited - a Mini-Ratna Central Public Sector Enterprise (CPSE) - has successfully revived its long-idle Gujarat Copper project through a Public-Private Partnership model, transforming a dormant asset into a....

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02 Jun 2026 | 9:00 PM

The company also recorded its highest ever monthly production of 17,029 tractors
Pune, June 2 ( UNI) India's No.1 tractor export brand Sonalika Tractors has accelerated its momentum for FY’27 by clocking its highest ever May overall sales of 17....

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Coca Cola exploring IPO of its largest bottler in India

02 Jun 2026 | 8:17 PM

Mumbai, Jun 2 (UNI) Multinational cola giant Coca-Cola officially announced on Tuesday that it is exploring a potential initial public offering (IPO) of Hindustan Coca-Cola Holdings Pvt Ltd (HCCH), which is the parent company of its largest bottler....

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ED searches Vedanta offices to probe suspected FEMA violation

02 Jun 2026 | 6:36 PM

Mumbai, Jun 2 (UNI) The Enforcement Directorate (ED) carried out searches at the Mumbai and Delhi offices of the Anil Agarwal-led Vedanta Group on Tuesday, supposedly to investigate suspected breaches of the Foreign Exchange Management Act (FEMA). ....

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Essar-backed Mesabi Metallics sells half of royalty interest in $265 mn deal to support expansion of Minnesota Iron Ore Project

02 Jun 2026 | 5:37 PM

Mumbai, Jun 2 (UNI) Mesabi Metallics Company LLC, backed by the Essar Group, has agreed to monetise 50 per cent of its royalty interest through a transaction with The Metals Royalty Company Inc (TMCR) valued at $265 million.
The deal implies a....

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Stock Markets end in green amid easing crude prices

02 Jun 2026 | 4:18 PM

New Delhi, Jun 2 (UNI) The Indian Stock Markets on Tuesday pared early losses and staged a sharp recovery. The markets were in green due to various reasons, including value buying and easing crude prices.
At close, Sensex was 382.50 points or 0....

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Fuel price hikes could add up to 48 bps to inflation, raise costs across economy: Report

02 Jun 2026 | 2:58 PM

New Delhi, Jun 2 (UNI) Rising petrol and diesel prices are likely to exert significant inflationary pressure on the Indian economy, with higher transportation and manufacturing costs expected to push up both food and core inflation in the coming....

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