Business & Finance
Nestlé Dismisses CEO Laurent Freixe Over Undisclosed Romantic Relationship
VEVEY, SWITZERLAND In a dramatic and abrupt move, Nestlé S.A. announced today the dismissal of its Chief Executive Officer, Laurent Freixe, just one year into his tenure. The company cited an “undisclosed romantic relationship with a direct subordinate” as the reason for his departure, a violation of the Swiss food giant’s strict Code of Business…
Trump Orders Ban on Mail-In Voting for 2026 Midterms to Ensure Election Integrity
Trump Bans Mail-In Ballots for 2026 Midterms, Pushes for Paper Voting Former U.S. President Donald J. Trump has announced his intention to eliminate mail-in voting ahead of the 2026 midterm elections, calling it a “disaster” and a “massive fraud risk.” Trump revealed that he plans to sign an executive order aimed at banning mail-in ballots,…
PM Modi I-Day speech: Made-in-India semiconductor chip
In his speech on the 79th Independence Day, Prime Minister Modi announced that four new semiconductor plants had received the green light and that six existing units were already operational. Prime Minister Narendra Modi declared on Friday, August 15, 2025, that the first semiconductor chip manufactured in India will be available for purchase before the…
Independence Day LIVE: Modi’s Warning to Pakistan, New GST & Semiconductor Plan
In a strong warning to Pakistan, Prime Minister Narendra Modi said on Friday (August 15, 2025) that India will no longer tolerate nuclear blackmail and will give a befitting reply to its enemies. He also stressed that a “new normal” has been established where no distinction will be made between terrorists and those who nurture…
NPCI’s New UPI P2P Regulations: What You Need to Know
New UPI Payment Regulations to Combat Fraud Do you frequently make payments online using Unified Payments Interface (UPI) apps like Paytm, GPay, and PhonePe? If so, you should monitor the National Payments Corporation of India’s (NPCI) new UPI payment regulations. Peer-to-peer (P2P) transactions, one of the most popular UPI features, will be eliminated by NPCI,…
Trump to Putin: Russia Faces “Severe Consequences” Over Ukraine
U.S. President Donald Trump issued a strong warning to Russian President Vladimir Putin, stating that Russia would face “severe consequences” should it hinder the ongoing peace process in Ukraine. In Short Trump hints at sanctions if Alaska talks fail, no specifics given Talks may pave the way for a second meeting with Zelenskyy Kremlin maintains…
Kalyan Jewellers Stock Dips: A Buying Opportunity Before a Rally to ₹700?
The BSE saw a 9.4% decline in Kalyan Jewellers India shares on Friday, bringing them down to a day’s low of ₹534.95. Although the company’s revenue increased by a healthy 31% year over year, its Indian business’s gross margin decreased by 60 basis points to 13.6% from the previous year. This outcome was driven principally…
Adani Power Declares First-Ever Stock Split & Q1 Results 2025
Adani Power Initiates Inaugural Stock Subdivision Adani Power announced its first-ever stock split on Friday, August 1. This corporate action is designed to make the company’s shares more financially accessible, with the goal of fostering wider engagement from the investment community. A one for five split has been agreed by the company’s board of directors….
Donald Trump Announces 25% Tariff on India, Citing Russian Ties
New Delhi: Beginning on August 1st, President Donald Trump plans to slap a tariff of more than 25 percent on India. The former US president called India a “friend,” but said that because of its high tariffs, the US has done “very little business” with the Asian country. Mr. Trump also said that India would…
NSDL IPO Review 2025: Price Band, Key Risks, and Top Analyst Ratings
Today is the opening of subscriptions for National Securities Depository Limited’s (NSDL) ₹4,011 crore IPO. A price corridor of ₹760 on the floor to ₹800 on the cap has been determined for this issuance. Because the whole issuance is an Offer for Sale (OFS), none of the revenues will go to NSDL. However, the current…