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Category: India

Latest India business, market, economy, technology and company news from trusted global and local sources.

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BuzzFeed flags going concern risk, shares down
Companies

BuzzFeed flags going concern risk, shares down

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) BuzzFeed flagged going concern doubts on Thursday. The company said it will not provide a forecast for 2026. BuzzFeed is evaluating strategic options. Shares of the digital media company fell 7.3%…

Stryker flags disruption to orders, manufacturing a day after cyberattack
Companies

Stryker flags disruption to orders, manufacturing a day after cyberattack

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Medical device maker Stryker reported that a cyberattack on its computer systems is causing widespread disruption. The company said the incident is affecting its ability to process orders, manufacture products, and…

Trading Day: The destructive power of $100 oil
Markets

Trading Day: The destructive power of $100 oil

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) A report titled "Trading Day: The destructive power of $100 oil" was published. The report included an image with the same phrase. No additional details or data were provided in the…

Adobe announces CEO transition, shares fall
Companies

Adobe announces CEO transition, shares fall

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Adobe said on Thursday that chief executive officer Shantanu Narayen will transition from his position once a successor has been appointed. The company did not provide further details in its announcement.…

Adobe announces CEO transition, shares fall
Companies

Adobe announces CEO transition, shares fall

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Adobe said on Thursday that its chief executive officer, Shantanu Narayen, will transition from his position once a successor has been appointed. The company is navigating a changing software landscape. Artificial…

Netanyahu threatens Iran’s new supreme leader, defends joint assault with US
Policy

Netanyahu threatens Iran’s new supreme leader, defends joint assault with US

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Israeli Prime Minister Benjamin Netanyahu on Thursday issued a veiled threat toward Iran's new supreme leader. He spoke during his first press conference since the start of the war. Netanyahu also…

Telus says it is investigating hack of its systems
Companies

Telus says it is investigating hack of its systems

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Canadian telecommunications and business services firm Telus said on Thursday it is investigating a cybersecurity incident. A company spokesperson confirmed unauthorized access to some of its systems. The investigation is currently…

Active shooter at Michigan synagogue, authorities say
Policy

Active shooter at Michigan synagogue, authorities say

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The Michigan State Police said on Thursday that they are aware of an active shooting incident. The location is the Temple Israel Synagogue in West Bloomfield, Michigan. No further information has…

TotalEnergies output down 15% due to US-Iran war; confirms UAE outages
Companies

TotalEnergies output down 15% due to US-Iran war; confirms UAE outages

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) TotalEnergies said it lost 15% of its oil and gas output. The company attributed this to the U.S.-Israeli war with Iran. The conflict has shut fields across the Middle East. These…

Iran war casts shadow over HSBC and StanChart Middle East ambitions
Companies

Iran war casts shadow over HSBC and StanChart Middle East ambitions

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) HSBC's CEO, Georges Elhedery, said the Asia-Middle East corridor was becoming "a defining axis of global growth." He made this statement days before the U.S. and Israel launched strikes on Iran.…

Hungary returns seized Ukrainian bank vehicles, withholds cash and gold
Policy

Hungary returns seized Ukrainian bank vehicles, withholds cash and gold

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Hungary returned two armoured bank vehicles seized from Ukraine on Thursday. The Hungarian authorities withheld cash and gold worth approximately $82 million. They cited an investigation into alleged money laundering as…

Indian financial crimes agency freezes Anil Ambani Group properties worth $63 million
Companies

Indian financial crimes agency freezes Anil Ambani Group properties worth $63 million

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's financial crimes agency has frozen properties worth 5.82 billion rupees, equivalent to $63.07 million. The Enforcement Directorate announced the freeze on Thursday. The properties are linked to Reliance Home Finance…

Private credit funds slide as investors sell out
Companies

Private credit funds slide as investors sell out

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Investment funds managed by large financial firms such as KKR and Blue Owl have experienced recent declines in their stock prices. The declines come as investors question the quality of the…

Induction stoves fly off shelves in India as gas shortage fears spark panic buying
Policy

Induction stoves fly off shelves in India as gas shortage fears spark panic buying

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Indian households are rushing to buy electric induction stoves. Stocks are being drained both online and in stores. This buying surge is linked to fears of a potential cooking gas shortage.…

Generali interested in replacing AXA as Monte dei Paschi partner, widening UniCredit deals, CEO says
Companies

Generali interested in replacing AXA as Monte dei Paschi partner, widening UniCredit deals, CEO says

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Top Italian insurer Assicurazioni Generali is interested in replacing French insurer AXA as a partner for Monte dei Paschi di Siena. This information was provided by Generali’s chief executive. Generali also…

India’s NSE selects 20 merchant bankers for proposed IPO
Companies

India’s NSE selects 20 merchant bankers for proposed IPO

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The National Stock Exchange of India announced on Thursday that it has appointed 20 merchant banks to manage its initial public offering. This is the largest number of merchant bankers selected…

India’s non-Hormuz crude sourcing has increased to 70% of imports, oil minister says
Policy

India’s non-Hormuz crude sourcing has increased to 70% of imports, oil minister says

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's sourcing of non-Hormuz crude has increased to 70% of its total crude imports, Oil Minister Hardeep Singh Puri said in parliament on Thursday. He added that India's current crude supply…

VIEW India’s February retail inflation quickens to 3.21% y/y
Policy

VIEW India’s February retail inflation quickens to 3.21% y/y

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India’s retail inflation rose 3.21% year-over-year in February, government data showed on Thursday. This figure increased from a revised 2.74% recorded in January. BizTrendWire Insight: The government released updated retail inflation…

Poland says foiled cyberattack on nuclear centre may have come from Iran
Policy

Poland says foiled cyberattack on nuclear centre may have come from Iran

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Poland said on Thursday it foiled a cyberattack on its nuclear research centre. The government is examining signs that Iran may be behind the attack. Officials cautioned that the indicators might…

Morning Bid: Triple digit crude
Markets

Morning Bid: Triple digit crude

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Markets in the U.S. and globally are under observation today. The report is based on the latest analysis from Reuters. Market trends and movements are noted for their relevance. The photo…

India’s February retail inflation quickens to 3.21% y/y
Policy

India’s February retail inflation quickens to 3.21% y/y

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India’s retail inflation rose to 3.21% year-over-year in February. This follows a revised rate of 2.74% in January, according to government data released on Thursday. The data provides the latest official…

Wall St whisperers help financial firms navigate Iran conflict risks
Companies

Wall St whisperers help financial firms navigate Iran conflict risks

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Many Wall Street firms expected military action before U.S.-Israeli air strikes on Iran's Supreme Leader. This anticipation came as a result of warnings from ex-military and national security advisors. These advisors…

India examining Bangladesh request for diesel supply
Policy

India examining Bangladesh request for diesel supply

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India has received a request from Bangladesh for diesel supplies. This information was provided by Randhir Jaiswal, a spokesperson for India’s foreign ministry. The statement was made on Thursday. No additional…

HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns
Companies

HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) HSBC and Standard Chartered are the most exposed European banks to the conflict in the Middle East, J.P. Morgan noted on Thursday. The investment bank issued a caution regarding this exposure…

Iran war unsettles India’s packaged water makers as bottles, caps get pricey
Companies

Iran war unsettles India’s packaged water makers as bottles, caps get pricey

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's $5 billion packaged water market faces uncertainty due to the ongoing Iran war. The conflict has unsettled the sector just before the peak summer season. The war is affecting the…

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