Foreign exchange and currency risk management Lumon Corporate has agreed to acquire the business and assets of Fiscal FX, marking a major milestone for Lumon as it continues to expand its breadth and quality of service. Fiscal FX represents the seventh acquisition by Pollen Street Capital-backed Lumon since 2018. The…
Continue ReadingSip Into Summer: Refreshing Coolers & Beverages to Try at Sandwizzaa
As Mumbai gears up for peak summer, consumers are increasingly leaning towards beverages that are not just cooling, but also flavour-forward and indulgent. Known for its legacy of taste and consistency, Sandwizzaa is bringing a refreshing twist to the season with a lineup of coolers and beverages designed to…
Continue ReadingSamsung Chief Clicks Selfie with PM Modi, South Korean President at Noida Event
Apr 20 (BNP): In a symbolic moment highlighting growing India–South Korea business ties, Lee Jae-yong took a selfie with Prime Minister Narendra Modi and South Korean President Lee Jae Myung during a state luncheon at Samsung’s Noida facility on Monday. The interaction underscored the importance of India as a major global…
Continue ReadingIndia’s Economy Remains Resilient, Equities Near Correction Zone: HDFC Securities
New Delhi, Apr 20 (BNP): India’s macroeconomic outlook continues to show resilience despite ongoing global uncertainties, even as domestic equity markets appear to be entering a phase of near-term correction, according to a latest assessment by HDFC Securities. The report observed that India’s growth remains supported by strong domestic demand,…
Continue ReadingFTA Partners’ Share in India’s Trade Rises to 28.8 pc: NITI Aayog
New Delhi, Apr 20 (BNP): India’s trade engagement with its Free Trade Agreement (FTA) partners has strengthened, with their share in the country’s overall trade rising to 28.8%, according to an assessment by NITI Aayog. The report highlights that while trade diversification is gradually improving, India’s export basket remains heavily…
Continue ReadingUS-Iran Tensions Escalate After Naval Seizure; Peace Talks Remain in Doubt
Apr20(BNP): Tensions between the United States and Iran have further intensified after U.S. President Donald Trump stated that a U.S. Navy destroyer fired on and seized an Iran-flagged cargo vessel attempting to evade a naval blockade in the Strait of Hormuz. The vessel reportedly ignored repeated warnings before being disabled…
Continue ReadingOver 39,000 Users Voluntarily Surrender LPG Connections as PNG Adoption Rises
New Delhi, Apr 20 (BNP): A nationwide appeal to encourage a shift towards cleaner cooking fuel has gained strong response, with more than 39,000 piped natural gas (PNG) users voluntarily surrendering their LPG connections, according to official data. The initiative, aimed at promoting cleaner and more efficient energy usage, is…
Continue ReadingMeesho Allocates Over 94.79 Lakh Shares to Employees Under ESOP Scheme
New Delhi, Apr 20 (BNP): E-commerce platform Meesho has allotted 94,79,380 equity shares to eligible employees under its Employee Stock Ownership Plan (ESOP), reinforcing its focus on employee participation in long-term value creation. According to a regulatory filing, the allotment was approved by the company’s Nomination and Remuneration Committee through…
Continue ReadingMarkets End Flat as Global Uncertainty Over US Iran Talks Keeps Investors Cautious
Mumbai, Apr 20 (BNP): Indian equity markets ended on a subdued note on Monday, as investors adopted a cautious stance amid lingering uncertainty over US-Iran diplomatic developments and mixed global market signals. Benchmark indices remained volatile throughout the session, with intermittent swings in both directions. However, lack of strong domestic…
Continue ReadingTier 2 & 3 Cities Drove 66 percent of new D2C orders in FY 2026: Unicommerce Analysis
Mumbai, Apr 20: India’s smaller cities are driving the next phase of growth for direct-to-consumer (D2C) brands. According to Unicommerce’s latest D2C market insights, nearly 66% of the new D2C orders in FY 2026 came from buyers in Tier 2 & 3 cities in India. This shift is also reflected…
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