Latest Reporting by The Hindu — Business
20 Stories Indexed
NCLT five-member Bench stays approval of Subhash Chandra’s ₹6.25-crore repayment plan
The National Company Law Tribunal has temporarily paused the approval of a repayment plan submitted by media executive Subhash Chandra. Additionally, the tribunal's special bench has prohibited Chandra from disposing of any assets, directly or indirectly, while the legal proceedings remain ongoing.
This decision directly impacts Subhash Chandra's financial restructuring efforts and restricts his ability to manage his assets while debt resolution proceedings are underway.
Rupee rises 26 paise to 94.96 against U.S. dollar in early trade
During early trading sessions, the Indian rupee strengthened against the United States dollar by 26 paise, reaching a level of 94.96. Currency fluctuations during this period reflect ongoing adjustments in foreign exchange markets. Financial analysts monitor these daily movements to assess currency stability.
PM Modi lauds 7.8% growth ‘despite wars, instability’; revives appeal for austerity measures
Prime Minister Narendra Modi has praised India's 7.8% GDP growth rate for the April-June quarter, achieving this figure amidst ongoing global conflicts and economic instability. Concurrently, he renewed his call for government officials and citizens to adopt austerity measures.
Markets drift lower in early trade amid higher oil prices, fresh U.S.-Iran tensions
The 30-share BSE Sensex declined 121.48 points to 76,835.79 in early trade; the 50-share NSE Nifty dipped 52.6 points to 24,027.80
Commercial LPG prices hiked by ₹10 per cylinder, ATF hiked by ₹6.28/litre
The latest hikes follows two recurrent tranches wherein price of the 19 kg cylinder declined by about ₹380 per cylinder
‘Wholewheat’ label on McVitie’s Marie biscuits misleading, rules CCPA
The consumer protection body said the McVities Whole Wheat Marie Biscuits contained only 19.5% whole wheat flour (atta), while 52% comprised refined wheat flour (maida); Pladis said it was willing to revise the packaging by removing “Wholewheat” from the trademark displayed on the pack
What goes on behind the screen when you pay through UPI? | Explained
UPI enables instant bank-to-bank payments by connecting users’ apps and banks through a system operated by the National Payments Corporation of India; launched in 2016, it has grown into a massive digital payments network and is now being adopted in several countries
The broken promise of the right to work
The replacement of MGNREGA with the VB-GRAM G Act has weakened the rural right-to-work framework; restoring a meaningful right to work through adequate funding, living wages and stronger local institutions would advance constitutional aims while also supporting rural demand and economic growth
Mahanagar Gas hikes CNG prices by ₹2/kg as LNG prices continue to soar
CNG in Mumbai would now cost ₹88/kg. Price of Domestic PNG would also be hiked by ₹1/SCM.
HDFC Bank CEO’s decision to retire causes leadership transition risk: Moody’s
DMD Kaizad M Bharucha, half a dozen external candidates in the race
Honda Motorcycle & Scooter India eyes sustainable growth as 2W market expands
HMSI is investing around ₹2,400 crore to expand manufacturing capacity to cater to rising domestic and export demand.
Maruti Suzuki to stay focused on small car segment; outlines ₹77,500 crore capex through FY31
For FY27, Maruti Suzuki plans to increase its capital expenditure by 40% to ₹14,000 crore, compared with ₹10,000 crore in FY26.
Branches continue to play key role despite rise of digital banking: KVB MD Ramesh Babu
FII inflows into Indian equities hit two-year high of ₹29,631 cr in August
Foreign investors have now bought Indian stocks for two consecutive months for the first time this calendar year.
Avantel bags ₹118 cr contract from DRDO
The contract is to be executed by February 2029.
Aurobindo arm Lannett launches generic of GSK’s drug in U.S.
The launch marks the first product from Aurobindo Pharma’s inhalation pipeline to be commercialised in the U.S.
Airbus awards Mahindra Aerostructures contract to make A320neo, A321XLR fuselage skins
The contract underscores India’s growing precision-engineering capabilities. Initial engineering, including tooling design, process-flow updates, qualification and inspection, already underway, with deliveries set to begin in 2028.
