India’s private sector economy continued its upward trajectory in July, fueled by a resurgent manufacturing sector that posted its strongest performance in over 17 years. According to the latest survey data, the Manufacturing Purchasing Managers’ Index (PMI) rose sharply, signaling the sector’s robust expansion amid sustained domestic demand, growing output, and new business inflows. The…
The Indian stock market may be heading towards a historic high as brokerage house Ventura Securities has projected the benchmark Sensex to touch 115,836 by FY28, driven by a robust corporate earnings cycle, strong GDP growth outlook, and the sustained thrust on infrastructure, manufacturing, and financial inclusion. This implies a compounded annual growth rate (CAGR)…
Shares of Cigniti Technologies Ltd, a prominent digital assurance and quality engineering services provider, surged into market focus on Friday following a significant institutional investment. Global investment firm Morgan Stanley acquired shares worth ₹26 crore through a block deal, fueling market enthusiasm and raising investor confidence in the company’s mid-to-long-term growth prospects. The transaction, executed…
In a remarkable display of investor enthusiasm, GNG Electronics’ Initial Public Offering (IPO) has witnessed an astonishing subscription of 146 times on the third and final day of bidding. The overwhelming demand signals strong market sentiment toward the electronics manufacturing sector and an aggressive appetite for small and medium enterprise (SME) offerings. The IPO, which…
In a significant stride towards indigenous defence and maritime capability, Bharat Earth Movers Limited (BEML) and Hindustan Shipyard Limited (HSL) have officially joined hands to co-develop and manufacture advanced marine systems. This strategic alliance aims to strengthen India’s self-reliance in maritime defence technologies and aligns with the broader goals of Atmanirbhar Bharat in the defence…
The global steel industry is witnessing an unprecedented paradox: while steel production is outpacing demand, countries across the world continue to expand capacity. This oversupply, driven by a mix of strategic policy decisions, economic stimulus packages, and geopolitical ambitions, has triggered price volatility, trade tensions, and environmental concerns. Yet, despite clear warning signs, no major…
In a significant move aimed at boosting domestic defense production and expanding manufacturing capacity, Bharat Electronics Limited (BEL) has awarded a ₹177 crore contract to RITES Limited for developing a major manufacturing facility in Andhra Pradesh. This contract is a key milestone in India’s self-reliance (Aatmanirbhar Bharat) mission in the defense electronics sector and further…
In a significant development in India’s deeptech ecosystem, Plenome Technologies, a promising startup focused on revolutionizing genomic research and precision diagnostics, has secured ₹6.5 crore in funding from a mix of Indian and international investors. The round marks a milestone for the Bengaluru-based firm as it aims to accelerate R&D and commercial deployment of its…
In a significant development within India’s growing food-tech and cloud kitchen space, EatClub Brands, the parent company behind popular food delivery brands such as BOX8 and Mojo Pizza, is reportedly set to raise ₹185 crore (approximately $22 million) in a fresh funding round. The infusion will come from marquee investors including Tiger Global, A91 Partners,…
In an extraordinary tale of grit, vision, and dairy innovation, T. Sathishkumar—a school dropout from Erode, Tamil Nadu—is set to make history. The man who once left school at 16 to salvage his family’s dairy business is now taking his brand, Milky Mist, to the public market with a ₹2,035 crore Initial Public Offering (IPO)….
