In a landmark move set to redefine the digital infrastructure landscape in Asia, tech giant Google is reportedly investing a staggering $6 billion in India to build what could become the largest data centre project in the continent. The investment signals Google’s growing confidence in India’s digital economy, cloud infrastructure potential, and long-term strategic value…
In a significant development that could shape the future of India’s most storied business conglomerate, Tata Trusts has reportedly urged Tata Sons to remain a privately held company while working on a solution to provide an exit route to the Shapoorji Pallonji (SP) Group, its largest minority shareholder. The move comes amid rising speculation over…
In a strategic move that underscores its aggressive focus on the Indian market, Schneider Electric has announced its plan to acquire Singapore-based Temasek Holdings’ 35% stake in its Indian joint venture for a staggering €5.5 billion. The deal, when completed, will give Schneider Electric complete ownership and control over its operations in one of its…
In a major boost to investor confidence, Allied Blenders and Distillers Ltd (ABD) reported an impressive financial performance for the first quarter of FY25, with a fourfold rise in net profit to ₹55 crore and a consolidated revenue of ₹1,776 crore. This stellar showing marks the company’s first earnings release post its much-anticipated IPO, and…
In an era where traditional career paths are often perceived as the safest bet, one visionary entrepreneur chose to walk away from two of the world’s most coveted institutions—Harvard University and McKinsey & Company—to pursue a startup dream. Today, that audacious leap of faith has culminated in a fintech app valued at a staggering $2.4…
In a bold and strategic move ahead of Lenskart’s much-anticipated Initial Public Offering (IPO), founder and CEO Peyush Bansal has reportedly repurchased a significant portion of company shares at a steep discount. The share buyback has garnered widespread attention not only due to its timing but also because of the potential implications it may have…
Piramal Pharma Ltd. (PPL), a key player in India’s pharmaceutical and healthcare industry, reported a consolidated net loss of Rs 82 crore in the quarter ended June 2025, a marked improvement from a net loss of Rs 131 crore in the corresponding quarter of the previous financial year. The narrowing of losses comes on the…
India’s finished steel imports for the April–June quarter of FY25 witnessed a significant contraction of nearly 30% year-on-year, primarily driven by a sharp fall in shipments from top suppliers including China and Japan. According to preliminary industry data, this decline marks one of the sharpest drops in quarterly steel imports in recent years, reflecting both…
In a strategic reshuffle that underscores its readiness for a much-anticipated IPO, India’s leading omnichannel eyewear brand Lenskart has announced significant changes to its board of directors. SoftBank India head Sumer Juneja has stepped down from the board, making way for two seasoned entrepreneurs — Ashish Kashyap, founder of IndWealth, and Prashanth Karanjkar, co-founder of…
In a significant move to expand its global footprint and deepen its presence in the automation and intelligent building solutions sector, Amber Enterprises India Ltd announced the acquisition of Israel-based Unitronics for ₹404 crore (approximately $48.3 million). The announcement sent Amber Enterprises’ shares up by 2% in early trade on the Bombay Stock Exchange, reflecting…
