India’s energy economy is staring at a potential fiscal jolt, with estimates suggesting an additional $9 to $11 billion surge in oil import bills for FY26. The cause? A sharp drop in Russian crude oil supplies, driven by geopolitical tensions and reinforced by statements from former U.S. President Donald Trump suggesting “penalty tariffs or consequences”…
In a bold move to diversify its business portfolio and tap into India’s growing affordable footwear market, Kothari Industrial Corporation Limited (KICL) has officially announced the acquisition of Zodiz Footwear and Jeetlo Shoes, two established names in the Indian mass footwear segment. This strategic acquisition marks Kothari’s ambitious entry into the value-oriented fashion and consumer…
In a spectacular debut, Sri Lotus Developers has made waves in the Indian real estate sector with its Initial Public Offering (IPO) being oversubscribed by an astounding 74 times, setting a new benchmark in investor enthusiasm and market sentiment. The overwhelming response has not only positioned Sri Lotus Developers as a rising star in the…
In a remarkable display of executive earnings in India’s tech landscape, HCLTech CEO C Vijayakumar has emerged as the highest-paid top executive among India’s IT giants, earning a total compensation of $10.85 million (₹90 crore approx) in the fiscal year 2024–25 (FY25). This surpasses the earnings of the CEOs of India’s largest IT firms, TCS…
In a bold forecast about the future of work, Perplexity AI’s CEO Aravind Srinivas has stated that AI browsers like Perplexity will completely automate two major job roles across every office in the world. As artificial intelligence continues to reshape the digital landscape, Srinivas’ remarks underscore a rapidly shifting work environment where traditional roles are…
Amid renewed discussions over Indo-US trade ties, a nuanced view has emerged from Sunil Subramaniam, a prominent market strategist and managing director of Sundaram Mutual. He asserts that while India can consider a calibrated three-part trade deal with the United States, a complete elimination of tariffs on American exports is neither feasible nor strategically advisable…
In a recent economic evaluation, SBI Research has flagged former US President Donald Trump’s tariff strategy as potentially more damaging to the United States than to India. According to the research unit of India’s largest lender, the imposition of steep 25% tariffs on Indian imports to the US is poised to generate higher inflationary pressures…
Delhivery Limited, one of India’s leading logistics and supply chain services providers, has reported a robust financial performance for the first quarter of FY2025-26. The company posted a 67% year-on-year increase in consolidated net profit, reaching ₹54.4 crore in Q1 FY26, compared to ₹32.5 crore in the corresponding quarter last year. Revenue from operations also…
India’s growing emphasis on economic resilience and strategic autonomy has sparked a major policy shift aimed at rebalancing its trade equation with China. While Beijing continues to be New Delhi’s largest source of imports, the Indian government, industry stakeholders, and policy planners are increasingly focused on reducing this dependence by diversifying import sources, ramping up…
The M&B Engineering IPO closed its final day on a strong note, having been subscribed more than 3.5 times on Day 3, reflecting robust investor interest across retail and non-institutional categories. This impressive traction highlights growing optimism around the company’s fundamentals, future growth prospects, and its solid presence in the infrastructure and steel fabrication domain….
