MUMBAI: PhonePe has secured go ahead from markets regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), said people aware of the matter. The Walmart-owned company is seeking to raise around Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). An OFS allows existing company shareholders to offload…
NEW DELHI: Hospitality major ITC Hotels has reported its highest ever quarterly revenue and profit in October-December 2025 period. While consolidated revenue from operations rose 21% to Rs 1,231 core, profit rose 42% (from same period last fiscal) to Rs 307 crore. ITC Hotels share price closed 2.6% lower at Rs 180.3 on BSE Tuesday…
President of the European Commission Ursula von der Leyen talks during the Annual Meeting of the World Economic Forum in Davos (AP photo) India is close to signing a trade deal with the European Union, as stated by EU chief Ursula von der Leyen during the World Economic Forum in Davos on Tuesday.“There is still…
Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution. Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of…
BENGALURU: Salesforce is sharpening its AI strategy by rethinking how large language models (LLMs) are deployed within enterprise software, as organisations struggle to move generative AI from pilot projects to reliable, production-ready systems.Srini Tallapragada, president and chief engineering and customer success officer at Salesforce, told TOI that the past two years have revealed a widening…
US President Donald Trump on Monday (local time) said that he would “100%” proceed with his plans to impose tariffs on European countries unless a deal over Greenland is reached. In a telephonic interview by NBC news, the US president was asked if he will seize the land by “force,” to which he replied, “no…
Asian markets opened on a weak note on Tuesday, as most indices slipped into the red as investors reacted to trade tensions and political developments in Japan. In US, markets remained closed for the Martin Luther King Jr Day holiday.Hong Kong’s HSI was up 35 points to 26,599. Nikkei trimmed 519 points or 0.97% to…
Considering the risks involved, buyers are urged to exercise caution and to put suitable stoploss. (AI image) Gold price prediction today: Gold prices are touching new record highs due to heightened geopolitical tensions, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold Performance: In…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Tuesday on weak global cues. While Nifty50 was above 25,550, BSE Sensex was just above 83,200. At 9:16 AM, Nifty50 was trading at 25,573.05, down 12 points or 0.049%. BSE Sensex was at 83,204.62, down…
