Bajaj Finserv Leads ₹80 Crore Funding in NowPurchase
India’s startup ecosystem continues to attract significant investor interest, with Bajaj Finserv leading a ₹80…
Bajaj Finserv Leads ₹80 Crore Funding in NowPurchase
India’s startup ecosystem continues to attract significant investor interest, with Bajaj Finserv leading a ₹80 crore funding round in NowPurchase, a fast-growing B2B platform focused on streamlining raw material procurement for manufacturing industries. The investment signals strong confidence in the company’s innovative model, which leverages technology to simplify supply chains and enhance transparency in procurement…
Rs 1.11 Lakh Crore Offloaded by FIIs: Why March 2026 Was the Worst Month for Indian Market
March 2026 will be remembered as one of the darkest months in the history of Indian equity markets. Foreign Institutional Investors (FIIs) offloaded a staggering ₹1.11 lakh crore worth of shares, triggering a sharp sell-off across sectors and wiping out trillions in market capitalization. The exodus of foreign capital not only rattled investor confidence but…
Anil Ambani Faces Fresh CBI Case Over Alleged LIC Fraud
The Central Bureau of Investigation (CBI) has registered a new case against Anil Ambani and Reliance Communications (RCOM) for allegedly defrauding the Life Insurance Corporation of India (LIC) of over ₹3,750–₹4,500 crore through non-convertible debentures (NCDs). The case involves charges of conspiracy, cheating, misappropriation, and breach of trust. Background of the Case Between 2009 and…
Dixon’s ₹1,100-Crore Display Plant to Begin Trials in June, Eyes 84 Million Unit Capacity
India’s electronics manufacturing sector is set for a major boost as Dixon Technologies prepares to launch trial production at its ₹1,100-crore display plant in June. The facility, which is expected to achieve an annual capacity of 84 million units, marks a significant milestone in India’s ambition to become a global hub for electronics and display…
Anil Agarwal Challenges Adani’s $4 Billion Winning Bid for Assets Including India’s F1 Track
India’s corporate landscape has once again been thrust into the spotlight as billionaire industrialist Anil Agarwal, founder of Vedanta Resources, has formally challenged Gautam Adani’s winning $4 billion bid for Jaiprakash Associates’ assets. The contested deal includes India’s only Formula One track, the Buddh International Circuit, along with a portfolio of infrastructure and real estate…
Oil Crosses $100 for First Time Since July 2022 as Trump Threats, Houthi Strikes Shake Markets
Global oil prices surged past the $100 per barrel mark for the first time since July 2022, driven by escalating geopolitical tensions and supply disruptions. Brent crude futures climbed above $112, while West Texas Intermediate (WTI) crossed $105, sparking concerns about inflationary pressures and energy market instability worldwide. Key Drivers Behind the Surge Trump’s Threats…
Despite Stock Market Crash, Why Nalco, Hindalco, Vedanta Are Rising
Even as the broader Indian stock market witnessed a sharp crash in March 2026, shares of Nalco, Hindalco, and Vedanta bucked the trend, posting strong gains. The rally in these metal stocks has drawn attention from investors and analysts, who are keen to understand why commodity-linked companies are outperforming when most sectors are under pressure….
RBI Imposes Monetary Penalty on Airtel Payments Bank
The Reserve Bank of India (RBI) has imposed a monetary penalty on Airtel Payments Bank, citing non-compliance with certain regulatory provisions. The move underscores the central bank’s commitment to ensuring strict adherence to guidelines in the payments and banking ecosystem, particularly as digital financial services continue to expand rapidly across India. Background: Airtel Payments Bank…
Insolvency Law Main Factor in Improving Health of Country’s Banking Sector: FM in Lok Sabha
India’s Finance Minister, speaking in the Lok Sabha, highlighted the Insolvency and Bankruptcy Code (IBC) as the single most important factor in strengthening the health of the country’s banking sector. The minister emphasized that the law has transformed the way banks deal with stressed assets, reduced non-performing assets (NPAs), and restored confidence in the financial…
Under Nehal Vora, CDSL is Charting a High-Growth Path
Central Depository Services (India) Limited (CDSL), one of the country’s leading securities depositories, is witnessing a remarkable transformation under the leadership of its Managing Director and CEO, Nehal Vora. With a focus on innovation, digital expansion, and investor-centric services, CDSL is charting a high-growth path that aligns with India’s rapidly evolving capital markets. Background: CDSL’s…
