India Financial News
02.04 / 09:43
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Strategy
Hyundai
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Maruti, Hyundai split on electric car future; petrol, diesel cars may be phased out from Delhi roads
Maruti Suzuki, believes electric vehicles (EVs) will take time to gain mass adoption, as customers still see them as secondary cars and remain concerned about public charging infrastructure, battery range, and post-sales support. However, Hyundai, the country’s second-largest carmaker, takes a different view, expecting EV sales to nearly double to 5% of total car sales by FY27 from an estimated 2.7% in 2024-25. This comes at a time when the central government is actively discussing plans to phase out petrol and diesel vehicles in Delhi-NCR in a bid to tackle air pollution. However, the comments were not based on reports that government is discussing phasing out fuel vehicles. Maruti has been among the slowest large carmakers to launch EVs, and its doubts about their mainstream acceptance persist. “EVs sold today are not primary cars, but rather secondary. Till the time we don't solve customer concerns on range, charging infrastructure and post-sales, buyers will not have confidence. EVs will remain a secondary car, where numbers will not grow fast,” TOI quoted Partho Banerjee, senior executive officer (marketing & sales) at Maruti Suzuki, as saying.
02.04 / 09:03
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Strategy
Food
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Culture is the most important aspect of how you run a GCC: Tesco’s Sumit Mitra
Subscribe to enjoy similar stories. BENGALURU : Tesco Plc, one of the UK’s largest retailers, was rocked by an accounting scandal and reported its worst annual loss in 2015. Its cash coffers were nearly empty, and there was a need to transform the business to get more cash.
02.04 / 09:03
markets
COST
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Cycling
2020
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With interest rates expected to ease, these tax-efficient funds may be just right for you
Subscribe to enjoy similar stories. Recent monetary policy decisions in both the United States and India indicate a shift towards easing interest rates. The US Fed has been signaling that there is a need to keep the policy rate accommodative and is open to rate cuts if the data supports this.
02.04 / 09:03
markets
COST
Action
security
wellness
rights
M. Damodaran: Sebi’s regulatory approach should reassure the market
Subscribe to enjoy similar stories. Winds of change are blowing across Sebi Bhawan, the home of India’s securities market regulator. Expectation levels of market participants have run high, and the hope that there would be meaningful and pragmatic regulations, encouraging honest conduct of business, has been reinforced.
02.04 / 08:31
Target
BLOCK
Digital
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Nithin Kamath sounds alarm over digital arrest frauds in India
Zerodha cofounder Nithin Kamath on Wednesday flagged the rise of digital arrest frauds in India over the past year, and the vast amounts of money being lost to scamsters. In a post on X, Kamath said, «Indians have lost over Rs 2000 crores to digital arrest frauds this year. These scams work by creating fear in people. They take advantage of people's tendency to make mistakes when they are afraid.»
02.04 / 08:31
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Actor
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testing
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Sporting
Saif Ali Khan gets a shocking letter on BCCI's plans to end the Pataudi Trophy, named after his family? Sharmila Tagore reacts
BCCI and the England and Wales Cricket Board (ECB) are considering retiring the Pataudi Trophy, an esteemed prize awarded to the winner of the Test cricket series between India and England. The decision, yet to be finalized, has reportedly left veteran actor Sharmila Tagore deeply disappointed. The Pataudi Trophy was first introduced in 2007 to commemorate 75 years since the first Test match between India and England in 1932. Named in honor of legendary cricketer Mansoor Ali Khan Pataudi and his father, Iftikhar Ali Khan Pataudi, the trophy symbolizes the legacy of one of India's greatest cricketing families. Designed by renowned silver and goldsmith Jocelyn Burton, the trophy is a tribute to their immense contributions to the sport. Sharmila Tagore, wife of the late Mansoor Ali Khan Pataudi, expressed her sentiments after learning about the decision through her son, actor Saif Ali Khan. According to her, the ECB sent an official letter to Saif, informing him of the move. While she has not personally heard from the cricket boards, she believes it is up to the BCCI whether they choose to remember Tiger Pataudi’s legacy or not. In an interview to the Hindustan Times, she said, «If the BCCI wants to or does not want to remember Tiger’s (Mansoor Ali Khan) legacy, it is for them to decide.» Reports suggest she is ‘hurt’ by the development, as the trophy has been an enduring testament to her late husband’s impact on cricket.
02.04 / 08:31
markets
UPS
JPMorgan
economy
trends
Experts
FIIs yank Rs 10,000 crore from Indian stocks before Trump tariff bomb detonates. Are you prepared?
“The element of uncertainty regarding reciprocal tariffs is expected to decrease with the tariff declaration today. However, considering Trump’s flip-flops on tariffs in the past, the uncertainty is likely to persist beyond today,” says Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
02.04 / 08:31
Citi
IPO
Provident
Booking
Platform
security
reports
IndiQube secures Sebi approval for Rs 850 crore IPO: All you need to know
Securities and Exchange Board of India (Sebi) has given workspace solutions provider IndiQube the green light for its initial public offering (IPO). The company, which is backed by WestBridge Capital, had filed a draft red herring prospectus (DRHP) last December seeking to raise Rs 850 crore through the IPO. This comprises Rs 750 crore in fresh capital and Rs 100 crore in an offer for sale. Founders Rishi Das and Meghna Aggarwal plan to sell shares worth Rs 100 crore through the offer-for-sale segment. According to online news platform Entracker, IndiQube intends to use Rs 427 crore of the fresh funds on capital expenditure, Rs 100 crore to repay or prepay existing loans, and the rest on general corporate activities.
02.04 / 08:31
COST
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Updates
cricket
bowling
Will 'seriously injured' Jasprit Bumrah miss the rest of IPL 2025? Latest update on Mumbai Indians' pacer's return
IPL 2025 Mumbai Indians' camp may be longer than expected. The star pacer is yet to bowl at full intensity at the BCCI’s Centre of Excellence (CoE) as his workload is being increased gradually to prevent a potential stress fracture of the back, sources have told The Times of India (TOI). Bumrah, who suffered a lower back injury during the Sydney Test against Australia in January, was initially expected to join Mumbai Indians (MI) by April 1. However, given his fitness concerns and India's upcoming five-Test series in England immediately after the IPL, the Board of Control for Cricket in India (BCCI) is treading cautiously with his return.
02.04 / 08:31
Assurant
WhatsApp
Bill
Waqf Amendment Bill leads to stormy session in Lok Sabha with showdown between Centre, Oppn; Key highlights here
Waqf Amendment Bill by Union Minister Kiren Rijiju led to a showdown between the NDA and the Opposition in the Lok Sabha. The bill seeks to improve the administration of Waqf properties, introduce technology-driven management, address complexities and ensure transparency. Introducing the bill, Rijiju said the consultation process of the Joint Parliamentary Committee (JPC) was the largest ever exercise carried out by a parliamentary panel in India's democratic history.
02.04 / 08:31
markets
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wellness
trends
Trade
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NBFCs offer strong entry point after recent pullback: Rohit Srivastava
«Both the daily and weekly RMI momentum indicator that we use are giving bullish signals. So, there is no doubt right now that the markets are going to weaken further,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. With this new series, a lot of volatility already kicking in. There are big events lined up, Trump announcements as well as RBI monetary policy. But overall, how is the trend shaping up for you when it comes to benchmark indices? Rohit Srivastava: So, if you are just looking at the Indian indices and try to discount it without letting too much of the news flow affect you, then the trend is pretty much positive.
02.04 / 07:11
markets
Provident
FIVE
Trade
country
prevention
Erratic policy-making: Why it’s time to rethink onion export controls
The Problem with India’s Onion Export Policies India’s approach to controlling onion exports has been inconsistent, resulting in price volatility and disruptions in the supply chain. The government has imposed a ban on onion exports three times in the past five years, accompanied by MEP and high export duties (refer to table 1). This erratic policy-making benefits neither consumers nor farmers.
02.04 / 07:11
Bill
Updates
peace
Waqf Amendment Bill LIVE: Kiren Rijiju tables Waqf Bill in Lok Sabha, all eyes on NDA vs INDIA showdown in Parliament
Waqf Amendment Bill LIVE: All eyes are on Parliament showdown as Union Minority Affairs Minister Kiren Rijiju is set to table the Waqf Amendment Bill 2025 in the Lok Sabha on Wednesday. Deputy leader of Congress in Lok Sabha Gaurav Gogoi will open the argument on Waqf (Amendment) Bill, 2024, from the side of the opposition after Union Minority Affairs Minister Kiren Rijiju tables the bill in Lok Sabha on Wednesday.Kiren Rijiju moves two bills The Waqf (Amendment) Bill, 2025 & The Mussalman Wakf (Repeal) Bill, 2024 in Lok Sabha for consideration and passing.Waqf Amendment Bill LIVE: After presenting the bill in the Lok Sabha, Rijiju said this bill is not new.Waqf Amendment Bill LIVE: Union minister Kiren Rijiju has tabled the controversial Waqf Bill in Lok SabhaWaqf Amendment Bill LIVE: Union Home Minister Amit Shah is speaking in the Lok Sabha on controversial bill.Waqf Amendment Bill LIVE: The Waqf Amendment Bill aims to amend the Waqf Act, 1995, seeks to improve the administration and management of waqf properties in India.It aims to overcome the shortcomings of the previous act and enhance the efficiency of Waqf boards by introducing changes such as renaming the Act, updating the definitions of waqf, improving the registration process, and increasing the role of technology in managing waqf records .The Waqf Amendment Bill was earlier presented in the Lok Sabha in August 2024, following which a Joint Parliamentary Committee was formed under the leadership of Jagdambika Pal for further consideration.Waqf Amendment Bill LIVE: On Waqf Amendment Bill, AIMPLB spokesperson Dr.
02.04 / 07:11
COST
Progressive
Manufacturing
Research
country
innovations
India can leap from cost competitiveness to innovation-led manufacturing
Subscribe to enjoy similar stories. India is currently on a decisive path to establishing itself as a global manufacturing powerhouse. Moving beyond cost competitiveness, the country is evolving into an innovation-driven industrial hub.
02.04 / 07:11
markets
CEO
Strategy
Align
Trade
prevention
International
Could Vadilal’s big family truce be a gamechanger for shareholders?
Subscribe to enjoy similar stories. On 1 April, investors in Vadilal experienced a moment of sweet vindication as shares of the company surged more than 14% intraday, hitting a record high of ₹5,250. This was more than a mere spike in the small-cap stock—it was a resounding vote of confidence.
02.04 / 07:11
Citizens
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Universities
country
social
testing
Schools
India’s consensus on school education makes space for optimism
Subscribe to enjoy similar stories. When big changes happen slowly, we don’t notice them. Climate change is a glaring example.
02.04 / 07:11
markets
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Trade
Cycling
Bitcoin
cover
information
Quant Mutual Fund using cash to cherry pick smallcap stocks in falling market
Quant Mutual Fund informs that their overall portfolio remains tilted toward large and mega-large caps, and the overall liquidity of the portfolio is good. The high cash levels in most of the fund house's schemes will be used to selectively deploy small caps in falling markets. The fund believes that the market is currently waiting for clarity from Trump. The fund house is participating in both large and mega-large caps, while selectively increasing small-cap exposures in most of their equity schemes. The fund house's 'predictive analytics' endorsed that a trading bottom was around the corner by the end of February. Since then, the benchmark index—Nifty 50—has rallied around 8%.
02.04 / 07:11
Target
Remark
Charity
cover
stars
gatherings
Videos
World's most popular YouTuber MrBeast says he destroyed 20 million trees, blinded 1,000 kids in a viral post
YouTube star Jimmy "MrBeast" Donaldson joined the April Fool's Day festivities with a controversial post on X (formerly Twitter) on April 1, 2025. He claimed to have destroyed millions of trees in the name of content. «Proud to announce I’ve burned down 20,000,000 trees! Can’t wait to upload this video,» he wrote. The post quickly went viral, gathering over a million impressions within hours. While some fans played along, others took it a step further. One user sarcastically asked, «How many kids did you blind mr beast?» MrBeast, known for his charity work, responded with a tongue-in-cheek reply, «1,000 so then I have more to cure!»
02.04 / 07:11
markets
Provident
Target
Cooper
security
Strategy
President
Saviynt hires former CrowdStrike executive Nitin Varma to lead operations for India, SAARC
Saviynt, a provider of cloud-native identity governance solutions, on Wednesday announced that Nitin Varma has joined the company as senior vice-president and managing director for India and SAARC. The firm has nearly 600 employees in India serving all corporate functions. Varma’s appointment will strengthen its go-to-market effort, and he will be leading customer acquisition efforts, building and enhancing technical and consulting partnerships, and elevating its overall position as a provider of identity security solutions in India and SAARC, said a company statement. India is part of the eight-nation grouping of the South Asian Association for Regional Cooperation (SAARC).
02.04 / 07:11
Apple
film
President
show
Features
Videos
International
Prime Video launches Apple TV+ as add-on service in India
Prime Video has launched Apple TV+ as an add-on subscription in India, priced at ₹99 per month. Subscribers can enjoy a diverse range of content, including comedies such as Ted Lasso and Shrinking, dramas like Severance, The Morning Show, Slow Horses, and Disclaimer, as well as sci-fi titles such as Silo. Popular films, including Wolfs and The Gorge, are also available. This add-on subscription is now accessible via Prime Video in the US, Australia, New Zealand, Canada, and multiple regions across Europe and Latin America. “We're delighted to continue rolling out Apple TV+ on Prime Video with today’s launch in India, bringing Prime Video customers an even greater selection of TV shows and films, all within one app experience,” said Kelly Day, Vice President of International, Prime Video. Gaurav Bhasin, Head of Marketplace (Add-on Subscriptions and Movie Rentals), Prime Video India, added, “Over the years, we’ve established Prime Video India as a premier entertainment destination, offering a vast selection of premium programming, including Indian and international Originals, films, and series. Our service also features over 75,000 hours of additional content across genres from more than 25 Indian and international add-on subscription partners. We’re thrilled to welcome Apple TV+ to Prime Video’s extensive library. We’re confident Prime members in India will appreciate the easy access to Apple Originals with a simple add-on subscription, along with features such as streamlined content discovery, unified watchlists, and centralised billing.”
02.04 / 07:11
markets
Provident
security
Experts
Updates
NFO Update: Kotak Mutual Fund launches energy opportunities fund
Kotak Mutual Fund has announced the launch of Kotak Energy Opportunities Fund, an open-ended equity scheme following the energy theme. The new fund offer or NFO of the scheme will open for subscription on April 3 and will close on April 17. Also Read | Top 10 mutual funds to invest in April 2025
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