Market News
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BMW India to hike vehicle prices up to 2% from April amid rising costs
BMW Group India will raise vehicle prices by up to two percent starting April 1, 2026. This adjustment is due to rising logistics and material costs, along with a weaker rupee. The price hike will affect all BMW and MINI models. This move aims to maintain the company's high standards of performance and service for its customers.
TCS partners Amadeus to drive AI-led airline retailing transformation
TCS announced a global partnership with Amadeus to modernize airline retailing. TCS will develop the Service Center User Interface for the Amadeus Nevio platform.
Delhivery expands international parcel service to UK, Canada and Australia
Delhivery Ltd expands Economy Air Parcel Service to the UK, Canada, and Australia. Shares of Delhivery Ltd ended higher on Wednesday, March 18, by 5.03% at ₹422.55 on the NSE.
Amazon to slash USPS deliveries by two-thirds - what it means for your packages and delivery costs?
Amazon plans to cut USPS package volumes by up to two-thirds, threatening billions in revenue for the Postal Service and potentially impacting delivery speeds, costs and rural shipments.
Jio Payments Bank introduces UPI-based cash withdrawal service
Jio Payments Bank (JPBL), a wholly-owned subsidiary of Jio Financial Services has introduced UPI-based cash withdrawal through its Business Correspondent (BC) touchpoints, marking an important step towards strengthening India's digital payments ecosystem and advancing financial inclusion in the country.
Air India restores last grounded aircraft VT-ALL, completes fleet revival amid overhaul efforts
Air India has revived its final grounded aircraft, VT-ALL. This Boeing 777-300ER was restored after a six-year grounding. The airline completed a major fleet revival exercise. This marks a significant step in its post-privatisation turnaround strategy. All 30 previously non-operational aircraft are now back in service.
IndiGo, Adani Airports partner to offer BluChips on duty-free shopping
IndiGo's loyalty members can now earn reward points on duty-free purchases at Adani-managed airports. Travellers can pre-book duty-free items online and collect them at select airports. This collaboration enhances the value of IndiGo's BluChip program. The service is currently available at several Adani airports and plans are underway for further expansion. This initiative aims to simplify airport shopping for passengers.
QSR stocks slump up to 47% as weak investor appetite, rising fuel risks dent mood. Time to bottom fish?
Quick service restaurant stocks are facing significant declines. Investor interest has waned, and rising fuel costs, particularly LPG, are creating operational challenges. Several major QSR companies have seen their share prices fall considerably over the past year. Experts suggest avoiding immediate investment and waiting for signs of recovery.
Food delivery, QSR stocks slip on LPG shortage fears
Restaurant and delivery platform stocks saw a dip on Thursday. A shortage of commercial LPG cylinders is disrupting operations. This is impacting kitchen functions in some areas. Large quick service restaurant chains may face limited effects. They often use electric equipment. Technical indicators suggest a pullback for some companies. Investors are watching key support levels.
TVS Motor launches its most accessible entry point EV - TVS Orbiter V1 with BaaS
TVS Motor Company strengthened its electric vehicle portfolio with the launch of TVS Orbiter V1 with 1.8 kWh the most accessible electric scooter in the company's lineup. The company also introduced Battery-As-A-Service (BaaS) across its EV portfolio, offering customers a new and flexible ownership model.
Wipro Bags Multi-Year Deal From US-Based Retirement Service Firm TruStage To Transform Ops
Wipro file image.
India developing indigenous capability to detect unregistered virtual asset service providers: FATF report
India is launching a groundbreaking Virtual Asset Lab to identify unregistered offshore virtual asset service providers. This initiative targets firms that exploit international boundaries to evade Indian regulations and facilitate money laundering. With this proactive measure, India is reinforcing its financial security and enhancing regulatory monitoring in the burgeoning realm of virtual assets.