IndiGo Shares Fall 2.5% as CCI Orders Detailed Probe for Unfair Business Practices
InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a decline of 2.5% in…
IndiGo Shares Fall 2.5% as CCI Orders Detailed Probe for Unfair Business Practices
InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a decline of 2.5% in its share price after the Competition Commission of India (CCI) ordered a detailed investigation into alleged unfair business practices. The probe comes at a time when IndiGo, India’s largest airline by market share, has been expanding aggressively in both domestic…
JSW Cement Share Rallies Over 9% as Company Turns Profitable in Q3
JSW Cement, one of India’s leading cement producers, witnessed a sharp rally in its stock price, surging over 9% in trading after the company reported profitability in the third quarter (Q3). This marks a significant turnaround for the company, which has been focusing on operational efficiency, cost management, and market expansion to strengthen its position…
ElevenLabs Bags $500M at $11B Valuation; Eyes Global Expansion Including Bengaluru
ElevenLabs, the fast-growing AI voice technology company, has secured $500 million in fresh funding, propelling its valuation to an impressive $11 billion. This milestone cements ElevenLabs’ position as one of the most valuable startups in the artificial intelligence sector. The company has announced ambitious plans for global expansion, with Bengaluru, India, identified as a key…
Rupee Has Room to Appreciate, RBI Unlikely to Intervene, Says Bank of America’s Vikas Jain
India’s currency markets began 2026 with renewed optimism as the rupee showed signs of appreciation, supported by strong macroeconomic fundamentals and resilient capital inflows. Bank of America’s strategist Vikas Jain stated that the rupee has room to strengthen further, while the Reserve Bank of India (RBI) is unlikely to intervene aggressively in the near term….
Services PMI Rebounds to 58.5 in January, Signalling Strong Start to 2026
India’s services sector began 2026 on a robust note, with the Services Purchasing Managers’ Index (PMI) rebounding to 58.5 in January, marking one of the strongest expansions in recent months. The figure, well above the neutral 50 threshold, indicates significant growth momentum in the services industry, which is a critical driver of India’s economy. Strong…
Carlsberg Shares Rise on Profit Beats Forecasts; Company Considers Indian IPO
Carlsberg, one of the world’s leading brewing companies, saw its shares rise significantly after reporting quarterly profits that exceeded market forecasts. The company’s strong financial performance has not only boosted investor confidence but also sparked discussions about its potential Indian Initial Public Offering (IPO). This move could mark a major milestone in Carlsberg’s global expansion…
Emami Shares Surge 9% After Q3 PAT Grows 15% YoY; Rs 6 Dividend Declared
Emami Limited, one of India’s leading FMCG companies, witnessed a sharp surge of 9% in its share price after announcing strong third-quarter results. The company reported a 15% year-on-year growth in Profit After Tax (PAT), reflecting robust operational performance and resilient demand across its product portfolio. Alongside the earnings announcement, Emami declared a dividend of…
Era of India: BlackRock CEO Larry Fink Praises Modi Government’s Digital Push
The phrase “Era of India” has gained global attention after BlackRock CEO Larry Fink praised Prime Minister Narendra Modi’s government for its ambitious digital transformation initiatives. His remarks highlight India’s growing stature in the global economy, particularly in the fields of digital infrastructure, financial inclusion, and technology-driven governance. India’s Digital Transformation Journey India’s digital revolution…
Union Minister Jitendra Singh Unveils Rs 1 Lakh Crore RDI Fund to Supercharge India’s Private R&D Landscape
In a landmark announcement that signals a paradigm shift in India’s scientific and industrial policy, Union Minister of State for Science and Technology Dr. Jitendra Singh has described the newly operationalized Rs 1 lakh crore Research, Development, and Innovation (RDI) Fund as a “major shift” in the government’s approach toward private-sector innovation. Speaking at a…
Market Pulse: Benchmarks Close Slightly Higher as Bank Stocks Counter IT Selloff
The Indian equity markets witnessed a session of high-octane drama on February 4, 2026, as benchmark indices managed to scrape through with marginal gains. In a classic “tug-of-war” scenario, the BSE Sensex and NSE Nifty 50 faced a massive onslaught from the information technology (IT) sector but were rescued by a robust recovery in banking…
