Business Economy

Adani Ports expands tie up with Kaleris to drive AI transformation

16 Jun 2026 | 11:08 PM

Mumbai, Jun 16 (UNI) Adani Ports & Special Economic Zone Ltd (APSEZ), officially announced here on Tuesday that it has expanded a major multi-year expansion of its strategic alliance with US-based supply chain software provider Kaleris, in order to....

see more..

Vedanta Group lists four demerged companies on BSE, NSE

16 Jun 2026 | 6:50 PM

Bhubaneswar, June 16 (UNI): Vedanta Group has marked a major milestone in its corporate restructuring journey with the listing of four newly demerged companies on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
According to a....

see more..

Stock markets end high for third day led by IT, FMCG

16 Jun 2026 | 6:19 PM

New Delhi, Jun 16 (UNI) Indian stock markets on Tuesday ended higher for the third consecutive session. The indices were supported by easing geopolitical tensions following the US-Iran agreement. Buying interest was also seen in IT, FMCG, realty....

see more..

India highly exposed to digital fraud, faces twice global average risk: Report

16 Jun 2026 | 2:57 PM

New Delhi, June 16 (UNI) India remains highly exposed to digital fraud globally, with 7.1 per cent of digital transactions involving consumers in India in 2025 suspected to be fraudulent attempts—almost double the global average of 3.8 per cent,....

see more..

AI is replacing degrees with "proof of work" in hiring, says Aneesh Raman

16 Jun 2026 | 1:08 PM

Bengaluru, Jun 16 (UNI) LinkedIn Chief Economic Opportunity Officer Aneesh Raman on Tuesday said the global hiring ecosystem is undergoing a fundamental transformation as artificial intelligence reshapes how organisations evaluate talent, moving away....

see more..

Sarvam AI bags unicorn status, raises USD 234 million; HCLTech to acquire 10.46 pc stake

16 Jun 2026 | 1:00 PM

New Delhi, June 15 (UNI) India’s full-stack sovereign artificial intelligence (AI) company, Sarvam AI, has become a unicorn after raising $234 million (Rs 2,210 crore).
The funding came through a Series B round led by HCLTech and Bessemer....

see more..

FIEO hails strong export growth in April-May, expects momentum to strengthen in coming Months

15 Jun 2026 | 8:55 PM

Hyderabad, June 15 (UNI) Welcoming India's strong foreign trade performance during April-May 2026-27, the Federation of Indian Export Organisations (FIEO) on Monday expressed confidence that exports would record even stronger growth in the coming....

see more..

Hyderabad housing registrations jump 35 pc in May ahead of revised guidance values

15 Jun 2026 | 8:48 PM

Hyderabad, June 15 (UNI): Residential property registrations in Hyderabad rose sharply in May 2026, with 8,344 housing units registered during the month, marking a 35 per cent year-on-year (YoY) and 22 per cent month-on-month (MoM) increase,....

see more..

PULSUS Group to expand Telangana AI Healthcare Hub, Targets 6,000 Direct Jobs

15 Jun 2026 | 8:48 PM

Hyderabad, June 15 (UNI) PULSUS Group on Monday announced plans to expand its AI Healthcare and Digital Innovation Hub at Ameenpur in Telangana, targeting the creation of 6,000 direct and 30,000 indirect jobs as it scales up operations at its 35-acre....

see more..

ATGC Biotech Signs Global Commercialisation Agreements at Bharat Innovates 2026

15 Jun 2026 | 7:06 PM

Hyderabad, June 15 (UNI) ATGC Biotech Pvt. Ltd., a Hyderabad-based deep-tech agricultural biotechnology company, on Monday announced strategic international agreements aimed at supporting the global commercialisation of its sustainable agricultural....

see more..

India’s exports rise 18 pc in May; trade deficit widens to USD 28.21 bn

15 Jun 2026 | 5:57 PM

New Delhi, June 15 (UNI): India's merchandise exports rose 18 per cent to USD 45.2 billion, while imports grew 20.62 per cent to USD 73.41 billion in May, with the total trade deficit recorded at USD 28.21 billion, according to the commerce ministry....

see more..

Four demerged Vedanta Cos make debut on stock exchanges

15 Jun 2026 | 5:47 PM

Mumbai, Jun 15 (UNI) Equity shares of the Anil Agarwal-led Vedanta group's four newly demerged companies, namely Vedanta Oil & Gas Ltd, Vedanta Aluminium Metal Ltd, Vedanta Power Ltd as well as Vedanta Iron & Steel, made their debut by listing on the....

see more..

Stock Markets cheer US-Iran peace agreement, Sensex closes 700 points high

15 Jun 2026 | 5:43 PM

New Delhi, June 15 (UNI) Indian stock markets on Monday cheered the announcement of a peace agreement between the US and Iran, ending the session with strong gains in line with a rally across global markets.
At the close, the Sensex was up 736....

see more..

Adani Green Energy Limited to commission 14 GWh battery storage facility by FY27 end

15 Jun 2026 | 5:26 PM

Mumbai, June 15 (UNI): Adani Green Energy Limited (AGEL) officially announced here on Monday that it plans to commission its 14 GWh of battery energy storage (BESS) facility at its Khavda renewable energy park in Gujarat by the end of the fiscal year....

see more..

Markets surge, crude oil tumbles after Iran-US peace talks announcement

15 Jun 2026 | 3:40 PM

New Delhi, June 15 (UNI): The Indian Stock Markets witnessed a sharp uptick at the opening on Monday, reacting to the announcement of peace talks between Iran and the United States (US), which are likely to be held on June 19 in Switzerland. The....

see more..