HUL to Acquire 49% Stake in Zywie for ₹824 Crore to Beef Up ‘Health and Wellbeing’ Business
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has announced its plan…
HUL to Acquire 49% Stake in Zywie for ₹824 Crore to Beef Up ‘Health and Wellbeing’ Business
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has announced its plan to acquire a 49% stake in Zywie, a leading player in the health and wellness segment, for ₹824 crore. This strategic move underscores HUL’s commitment to expanding its footprint in the rapidly growing health and wellbeing sector, which has seen…
Total Return Swap to Transform Market and Attract Global Investors
India’s financial markets are poised for a major transformation with the introduction of total return swaps (TRS), a derivative instrument that allows investors to gain exposure to assets without directly owning them. Market experts believe this innovation will attract global investors, deepen liquidity, and diversify risk management strategies. The move is seen as part of…
KPPL Gears Up for ₹741-Crore Expansion; Cabinet Clears Major Capacity Push
Kumaraguru Paper and Packaging Limited (KPPL) is preparing for a transformative leap in its operations as the Union Cabinet has cleared a ₹741-crore expansion plan. This ambitious project is expected to significantly enhance production capacity, strengthen India’s packaging industry, and create new employment opportunities. The expansion aligns with the government’s broader vision of boosting domestic…
Varun Beverages Shares Extend 2025 Losing Streak; Time to Sell?
Varun Beverages, one of India’s largest bottlers for PepsiCo products, has seen its shares continue their downward trajectory into 2026 after a difficult 2025. The stock, once considered a multibagger, closed 23% lower last year and has already slipped another 8% in the early months of 2026. Analysts attribute this weakness to intensifying competition, rising…
HCL-Foxconn Semiconductor Manufacturing Unit’s Foundation Event on Feb 21: Yeida
The semiconductor industry in India is set to witness a historic milestone as HCL Group and Foxconn prepare to lay the foundation stone for their joint semiconductor manufacturing unit on February 21, 2026. The Yamuna Expressway Industrial Development Authority (Yeida) confirmed the date, marking a significant step in India’s ambition to become a global hub…
Infosys, Wipro Shares Down 2-3% as Anthropic Shock Continues to Haunt Investors
India’s IT sector faced renewed pressure as shares of Infosys and Wipro fell between 2-3% in trading, with investors still reeling from the shockwaves created by developments surrounding Anthropic, the artificial intelligence startup that has disrupted global technology sentiment. The decline reflects broader concerns about how emerging AI players are reshaping the competitive landscape for…
Fed to Hold Rates Through May, But Warsh May Be Too Loose With Policy, Economists Say
The Federal Reserve has signaled that interest rates will remain unchanged through May 2026, a move that has reassured markets but also sparked debate among economists. While the Fed’s cautious stance reflects its commitment to balancing inflation control with economic growth, some analysts argue that former Fed Governor Kevin Warsh’s policy outlook may be too…
Binance Founder Changpeng Zhao Reveals He Sold Shanghai Home to Buy Bitcoin at $600 While Job Hunting
Binance founder Changpeng Zhao, popularly known as CZ, recently shared a remarkable story about his early journey into cryptocurrency. He revealed that during a period of job hunting, he made the bold decision to sell his Shanghai home and invest heavily in Bitcoin when the price was just $600. This revelation underscores the risk-taking mindset…
Happiest Minds’ Ashok Soota Shrugs Off Stake Sale Reports
Happiest Minds Technologies, one of India’s fastest-growing IT services companies, found itself in the spotlight after reports surfaced suggesting a possible stake sale by its Executive Chairman, Ashok Soota. However, Soota has firmly dismissed these speculations, reiterating his long-term commitment to the company and its vision. His response has reassured investors and employees alike, reinforcing…
Lenskart Shares Jump 12% After Q3 Profit Zooms 70x; Brokerage Raises Target Price
Lenskart, India’s leading eyewear retailer, witnessed a sharp surge in its stock price after announcing extraordinary third-quarter results for FY2026. The company reported that its net profit had skyrocketed by nearly 70 times compared to the same quarter last year, sparking investor enthusiasm and prompting brokerage firms to raise their target price for the stock….
