Business News Desk

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India’s Pharma Exports Have Shot Up By 92% In Last 6 Years: Minister Says Sector Now a Pillar of Global Health Supply Chain

In a significant testament to India’s growing strength in global healthcare, the country’s pharmaceutical exports have soared by a staggering 92% over the last six years. Union Minister of Chemicals and Fertilizers highlighted the milestone recently, calling it a defining moment for India’s pharma industry, which has emerged as a dependable global partner in supplying…

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Molded plastic products maker BD Industries IPO set to hit Dalal Street on July 30

BD Industries Ltd, a leading manufacturer of moulded plastic products catering to industrial, automotive, and consumer segments, is set to launch its initial public offering (IPO) on July 30, 2025. The IPO has garnered market interest given the strong growth in India’s plastics processing and packaging sector amid the manufacturing boom and rising infrastructure spending….

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Bombay Dyeing share price surges 16%. What’s behind the run-up in this small-cap stock?

Bombay Dyeing & Manufacturing Company Ltd witnessed a dramatic surge in its share price on July 22, 2025, rallying by over 16% intraday to hit ₹213.45, marking its highest level in nearly two years. This sharp run-up in the stock price has attracted strong attention from market participants and retail investors keen to decode the…

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GNG Electronics IPO sees strong demand on Day 1, subscribed 9.2 times on robust retail, NII interest

GNG Electronics Ltd, the electronics manufacturing services (EMS) player, witnessed a stellar response on Day 1 of its initial public offering (IPO), with the issue being subscribed 9.2 times overall, driven by overwhelming interest from retail and non-institutional investors (NIIs). The IPO, which opened for subscription on July 22, 2025, has garnered significant market attention,…

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Coforge Q1 Results: Profit rises 22%, misses estimates; dividend declared

Coforge Ltd, the mid-cap IT services major, reported its first quarter (Q1 FY26) results with net profit rising 22% year-on-year to ₹226 crore, slightly below street estimates of ₹234 crore. The company declared an interim dividend, demonstrating confidence in its future growth amid evolving global technology demand cycles. Q1 FY26 Financial Highlights The Noida-headquartered IT…

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IDBI Bank & NSE-backed NSDL plans $463-mn IPO launch next week at $1.85-bn valuation

In a major development for India’s capital markets, National Securities Depository Limited (NSDL), backed by IDBI Bank and the National Stock Exchange (NSE), is set to launch its highly anticipated initial public offering (IPO) next week, aiming to raise $463 million (approximately ₹3,860 crore) at a valuation of $1.85 billion (around ₹15,450 crore). The listing…

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Tilaknagar Industries to acquire Imperial Blue brand for Rs 4,150 crore on slump-sale basis

In a landmark deal reshaping India’s alcobev sector, Tilaknagar Industries Ltd (TI) has announced the acquisition of the popular whisky brand Imperial Blue from Pernod Ricard India for Rs 4,150 crore on a slump-sale basis. The acquisition, once completed, will catapult Tilaknagar Industries into India’s top three whisky makers, significantly expanding its market share, portfolio…

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This Indian origin CEO is a bank employee’s daughter from Tamil Nadu, now heads $18.8bn firm in New York

In yet another inspiring story from corporate America, Revathi Advaithi, an Indian-origin leader from Tamil Nadu, continues to make headlines as the CEO of Flex Ltd, a $18.8 billion global electronics manufacturing giant headquartered in New York. Her journey from a small town in India to leading one of the world’s largest supply chain solutions…

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Jubilant Bhartia Group acquires 40% stake in Hindustan Coca-Cola Holdings

In a significant strategic move, Jubilant Bhartia Group has acquired a 40% stake in Hindustan Coca-Cola Holdings (HCCH), marking its entry into India’s fast-growing beverage bottling and distribution sector. This acquisition is expected to strengthen HCCH’s business structure in India, enhance operational synergies, and support Coca-Cola’s long-term growth ambitions in one of its largest markets…

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