Business News: Economy & Markets

Bira 91 employees seek ouster of founder Ankur Jain amid delayed salaries, financial troubles

IANS | October 10, 2025 12:39 PM

New Delhi, Oct 10 (IANS) More than 250 employees of B9 Beverages, the company behind popular craft beer brand Bira 91, have reportedly approached the company’s Board and key investors -- including Japan’s Kirin Holdings and Peak XV Partners -- demanding a leadership change and the removal of founder Ankur Jain from the management.

Imported car sales in South Korea jump 32 pc in September

IANS | October 10, 2025 12:36 PM

Seoul, Oct 10 (IANS) Sales of imported vehicles in South Korea rose more than 30 per cent in September from a year ago, driven by strong demand for Tesla and steady sales of hybrid and electric vehicles (EVs), industry data showed on Friday.

Public capex momentum remains strong in FY26, core capex growth at 16 pc: Report

IANS | October 10, 2025 12:00 PM

New Delhi, Oct 10 (IANS) India's public capital expenditure maintained strong momentum in the first five months of FY26, with the Centre’s capital expenditure rising 43 per cent year-on-year (YoY), while States’ capital expenditure increased around 14 per cent, a report said on Friday.

India’s IPO market poised to raise $20 billion in next 12 months

IANS | October 10, 2025 11:32 AM

New Delhi, Oct 10 (IANS) India’s booming primary market continues to attract global attention, with Citigroup Inc. predicting that Indian initial public offerings (IPOs) could raise as much as $20 billion over the next 12 months.

Tata Trusts Board likely to meet today amid internal feuds

IANS | October 10, 2025 10:41 AM

Mumbai, Oct 10 (IANS) The directors of Tata Trusts likely to meet on Friday after the government intervened this week to ease tensions in an ongoing boardroom dispute at the powerful philanthropic body that indirectly controls the Tata Group, according to reports.