The Donald Trump administration has proposed to amend the regulations governing the process by which the US Citizenship and Immigration Services (USCIS) selects H-1B applications, days after his government imposed a fee of $100,000 on fresh applications from next year.

As part of the new process, a proposal would weight registrations (or petitions) for selection generally based on each beneficiary’s equivalent wage levels.

Gautam Adani, founder and chairman of the Adani Group, addressed the fallout from the Hindenburg report in a letter to shareholders, after earlier seeking a “national apology” from the US short-seller on social media.

In January 2023, US-based short seller Hindenburg Research published a report alleging stock manipulation and accounting fraud involving Adani and several group firms, including Adani Power and Adani Enterprises. The report precipitated a sharp fall in the shares of listed Adani companies, with some hitting lower circuit limits.

Ola Electric on Tuesday announced a festive campaign with prices of its S1 scooters and Roadster X motorcycles starting at ₹49,999 for nine days starting September 23.

Under Ola Muhurat Mahotsav, the customers now stand a chance to own Ola's scooters and motorcycles daily at never-before-seen prices, the Bengaluru-based electric two-wheeler maker said in a statement.

CarTrade Tech shares rose 4.2 per cent on BSE, logging an intraday high at ₹2,488.5 per share. At 12:35 PM, CarTrade Tech's share price was trading 3.21 per cent higher at ₹2,463.6 per share on BSE. In comparison, the BSE Sensex was down 0.09 per cent at 82,082.98.

The market capitalisation of the company stood at ₹11,728.2 crore. The 52-week high of the stock was at ₹2,754 per share, and the 52-week low was at ₹838.9.

India's markets regulator and its central bank are in advanced discussions to ease entry processes for new overseas investors, four sources said, at a time when foreign flows into the economy remain weak.

The changes would include fewer and standardised documentation and less scrutiny on investors that are already regulated in other countries.

ACME Solar Holdings on Tuesday said it has raised Rs 1,100 crore in domestic funding from the State Bank of India for its 300 MW renewable energy project in Rajasthan.

The funds will be utilised to refinance the existing debt and reduce financing cost by around 100 bps for the Rajasthan project.

US President Donald Trump’s plan to impose a $100,000 fee on Indians seeking a fresh visa can be an issue that comes back to the negotiating table once the trade talks between Washington and New Delhi are concluded, former US Ambassador to New Delhi Tim Roemer told NDTV on Monday, September 22.

Roemer admitted that the measure “causes a hiccup in the relationship” of the two countries.

Walmart-backed Flipkart India is planning to invest $300 million in its fintech arm, Super.money, as the e-commerce major pushes further into lending and stock broking, Bloomberg reported.

This investment comes after a $20 million infusion the company made last year when it spun off the fintech unit, the report added, citing people familiar with the matter.

Amid ongoing speculation about another former Indian cricketer potentially being elected as the next BCCI president, Rajeev Shukla has nearly confirmed who will lead the world's richest cricket organization. The position has remained unfilled since world cup champion Roger Binny resigned due to age restrictions. On Sunday, multiple candidates submitted their nominations for various BCCI roles, including president, vice-president, secretary, joint-secretary, treasurer, and IPL governing council chairman.

The Indian Pharmaceutical Alliance (IPA) has welcomed the launch of the Next Generation Goods and Services Tax (GST) reforms, calling it a "transformative move" that will make medicines more affordable and accessible.

With GST removed from 36 medicines and capped at 5 per cent on most others, IPA Secretary General Sudarshan Jain described the step as a boost for self-reliance and the healthcare ecosystem.

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