‘AI’ the Most Underappreciated Vertical in Reliance Industries: Morgan Stanley
Global investment firm Morgan Stanley has identified artificial intelligence (AI) as the most underappreciated vertical…
‘AI’ the Most Underappreciated Vertical in Reliance Industries: Morgan Stanley
Global investment firm Morgan Stanley has identified artificial intelligence (AI) as the most underappreciated vertical within Reliance Industries Ltd (RIL), calling it a potential game-changer for the conglomerate’s long-term growth. While Reliance is widely recognized for its dominance in energy, telecom, and retail, Morgan Stanley argues that its AI investments could reshape the company’s equity…
BSE Q3 Results: Cons PAT Skyrockets 174% YoY to Rs 602 Crore, Revenue Soars 62%
India’s oldest stock exchange, BSE Ltd, has reported stellar financial performance for the December quarter of FY26, with consolidated profit after tax (PAT) surging 174% year-on-year (YoY) to Rs 602 crore, compared to Rs 220 crore in the same period last year. Revenue from operations also jumped 62% YoY to Rs 1,244 crore, driven by…
Adani Group-Owned Ambuja Cements Gets NCLT Nod to Merge Sanghi Industries
The National Company Law Tribunal (NCLT) has approved the merger of Sanghi Industries Ltd. with Ambuja Cements Ltd., a company owned by the Adani Group, marking a significant consolidation in India’s cement sector. This merger is expected to strengthen Ambuja’s market presence, expand production capacity, and enhance its footprint in western India, particularly Gujarat, where…
Food Delivery Startup Swish in Talks to Raise $30–35 Million from Bain Capital Ventures, Accel: Sources
Indian food delivery startup Swish is reportedly in advanced discussions to raise $30–35 million in fresh funding from global investors Bain Capital Ventures and Accel Partners, according to sources familiar with the matter. The funding round, if finalized, would mark a significant milestone for the young company, which has quickly gained traction in India’s competitive…
Worst Is Over for Indian Markets, 2026 Set for Outperformance: Sandeep Tandon
Indian equity markets are poised for a strong comeback in 2026, according to Sandeep Tandon, Founder and CIO of Quant Mutual Fund. After enduring a period of extreme negativity, foreign investor selling pressure, and rupee volatility, Tandon believes the worst is behind Indian markets. He predicts that India will outperform global peers this year, driven…
ED Forms SIT to Probe Anil Ambani, Summons Wife
The Enforcement Directorate (ED) has intensified its investigation into alleged financial irregularities involving industrialist Anil Ambani, forming a Special Investigation Team (SIT) to probe the matter. In a significant development, the ED has also summoned Ambani’s wife, Tina Ambani, for questioning, signaling that the probe is widening to cover family members and associated entities. Key…
India, US to Sign Trade Deal by March, 18% Tariffs Likely to Kick in Next Week: Piyush Goyal
India and the United States are set to finalize a landmark interim trade agreement by March 2026, with tariffs on Indian exports to the US expected to drop from nearly 50% to 18% starting next week, according to Union Commerce Minister Piyush Goyal. The deal marks a significant reset in bilateral trade relations, aiming to…
India Extends Startup Benefits for Deep Tech Firms to 20 Years, Raises Revenue Cap to Rs. 3 Billion
India has announced a major policy boost for deep tech startups, extending the duration of benefits under the Startup India initiative from 10 years to 20 years and raising the revenue eligibility cap from Rs. 250 crore to Rs. 3 billion. This landmark decision is expected to accelerate innovation in artificial intelligence (AI), quantum computing,…
Why FIIs Infused Rs 8,100 Crore in February 2025 So Far
Foreign Institutional Investors (FIIs) have turned net buyers in Indian equities, infusing Rs 8,100 crore in February 2025 after months of heavy selling. This marks a significant reversal in sentiment, driven by improving global cues, easing domestic uncertainties, and renewed confidence in India’s growth story. Key Highlights Analysis of FII Activity Factor Traditional Challenge Current…
US Debt Crisis: Trillion-Dollar Tab Could Be Unsustainable
The United States is grappling with a mounting debt crisis, as its national debt continues to surge past the trillion-dollar mark in annual deficits, raising concerns about long-term sustainability. Economists, policymakers, and investors are increasingly worried that the current trajectory could undermine fiscal stability, weaken global confidence in US financial markets, and strain future generations….
