Business

New Delhi/Bhubaneswar: Odisha Friday announced an additional 25 per cent fiscal support on capital expenditure for semiconductor projects aligned with the Centre's newly-approved Semicon 2.0 programme, as Chief Minister Mohan Charan Majhi said the state has become the first in the country to extend policy...

Frankfurt: The Kremlin has ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, procedure that previously has led to the forced sale of Western businesses to Russian owners at knockdown prices. The local assets of...

Bhubaneswar: Odisha Housing and Urban Development (H&UD) Department Friday signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI), through its payment aggregator service SBIePay, to strengthen digital payment infrastructure and facilitate seamless, secure and citizen-centric payment services across Urban Local Bodies...

New Delhi: FMCG major Nestle India Friday said its infant nutrition products are "fully compliant" with all applicable regulations and that the labels of NAN Excella Pro and Lactogen Pro were approved by an expert committee of the food safety regulator FSSAI. "The said products...

New Delhi: India, Canada reaffirm commitment to expedite CEPA negotiations The issues that figured in the five-day talks included trade in goods, services, rules of origin, and technical trade barriers. The round followed the third round, which was held in Ottawa in July. Prime Minister...

Mumbai: Benchmark stock indices Sensex and Nifty ended mixed Friday as a drop in crude oil prices was overshadowed by weakness in IT stocks and Tata Group counters. Giving up intraday gains during the Closing Auction Session (CAS), the 30-share BSE Sensex dropped 19.63 points,...

Mumbai: Union Electronics and Information Technology Minister Ashwini Vaishnaw Friday said 68 Japanese companies participating in Semicon India 2026 are in the process of finalising their manufacturing, research and partnership plans in India. Speaking to IANS during his visit to the Japanese pavilion at the...

Bhubaneswar: Odisha Leader of the Opposition (LoP) in Lok Sabha and Biju Janata Dal (BJD) President Naveen Patnaik Friday raised concerns over the recently announced 0.4 per cent Merchant Discount Rate (MDR) on certain Unified Payments Interface (UPI) transactions above Rs 2,000, stating that the...

Omaha(US): Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years. The company said Friday that the 96-year-old Buffett will become chairman emeritus and will take on his new role immediately. His son, Howard, will...

New Delhi: A boardroom battle at India's largest conglomerate has escalated after Tata Sons' directors approved a fresh term for executive chairman N Chandrasekaran in a vote that the group's biggest shareholder called illegal. Noel Tata, who chairs the network of charitable trusts holding roughly...