Vedanta Shares Rise 5% as BofA Upgrades Stock to Buy, Raises Target Price by 75%
Vedanta Limited, one of India’s largest natural resources companies, saw its shares surge 5% after…
Vedanta Shares Rise 5% as BofA Upgrades Stock to Buy, Raises Target Price by 75%
Vedanta Limited, one of India’s largest natural resources companies, saw its shares surge 5% after Bank of America (BofA) upgraded the stock to a “Buy” rating and raised its target price by 75%. The upgrade reflects renewed optimism about Vedanta’s diversified portfolio, improving commodity cycle, and strategic restructuring moves. Background of Vedanta Vedanta Limited operates…
Varun Beverages Shares at ₹500 Mark in a Year? Factors That Can Boost the PepsiCo Bottler’s Stock
Varun Beverages, one of India’s largest bottlers for PepsiCo, has been a consistent performer in the stock market, attracting investor interest with its strong growth trajectory, expanding distribution network, and rising demand for packaged beverages. The big question now is whether Varun Beverages shares can touch the ₹500 mark within a year, and what factors…
India Remains Second-Largest Buyer of Russian Fossil Fuels in January at $2.59 Billion
India’s energy trade continues to draw global attention as the country maintained its position as the second-largest buyer of Russian fossil fuels in January 2026, with imports valued at $2.59 billion. This development underscores India’s balancing act between securing affordable energy supplies and navigating complex geopolitical dynamics. Background of India-Russia Energy Trade India has significantly…
Despite the IPO Boom, India’s Large Companies Are Still Private
India’s capital markets have witnessed a remarkable IPO boom in recent years, with startups, mid-sized firms, and niche players rushing to list on stock exchanges. Yet, paradoxically, many of India’s largest companies remain private, choosing not to go public despite favorable market conditions. This trend raises important questions about corporate strategy, investor access, and the…
Suzlon Energy Forms New Executive Council; Ex-Ambuja Cements MD Ajay Kapur Appointed Group CEO
In a landmark move, Suzlon Energy, one of India’s leading renewable energy companies, has announced the formation of a new executive council to strengthen its leadership structure. The company also confirmed the appointment of Ajay Kapur, former Managing Director of Ambuja Cements, as the Group CEO, signaling a fresh phase of strategic growth and organizational…
Vivriti Group Consolidates Under New Holding Entity; Promoter Infuses ₹200 Crore
In a major corporate restructuring move, Vivriti Group has announced the consolidation of its businesses under a new holding entity, accompanied by a ₹200 crore infusion from its promoter. The decision marks a significant milestone in the group’s journey, aimed at strengthening its financial services ecosystem, enhancing governance, and positioning itself for long-term growth. Background…
Anthropic’s New AI Tool Jolts IBM – What Happened and Why It Matters
The global artificial intelligence race took a dramatic turn as Anthropic unveiled its new AI tool, sending shockwaves across the technology industry and particularly rattling IBM, a long-standing player in enterprise AI solutions. The announcement has triggered discussions about competitive positioning, innovation, and the future of AI-driven enterprise services. Background of Anthropic’s Rise Anthropic, founded…
Comm Bank Jobs Bloodbath as Hundreds of Roles Axed in Australia While Hiring Spree Begins in India
Australia’s largest bank, Commonwealth Bank (Comm Bank), has announced a sweeping restructuring plan that involves hundreds of job cuts in Australia even as it embarks on a major hiring spree in India. The move has sparked outrage among employees and unions, raising questions about outsourcing, cost-cutting, and the future of banking jobs in Australia. Background…
Air Taxi Startup ePlane Eyes $40–50 Million Funding Round, Speciale Invest Co-Leads
India’s urban mobility landscape is on the cusp of transformation as air taxi startup ePlane prepares to raise $40–50 million in its latest funding round. The round is being co-led by Speciale Invest, signaling strong investor confidence in the company’s vision to revolutionize short-distance travel through electric vertical take-off and landing (eVTOL) aircraft. India’s Air…
DEE Development Share Price Jumps 12% After Winning Order from BHEL
DEE Development Engineers Ltd has witnessed a sharp surge in its stock price, climbing 12% after securing a significant order from Bharat Heavy Electricals Limited (BHEL). This development has sparked investor interest, positioning DEE Development as a strong player in India’s engineering and fabrication sector. Market Reaction The announcement of the BHEL order triggered immediate…
