SoftBank Group Corp. witnessed a sharp 10% decline in its stock price on November 12, 2025, following the announcement that it had sold its entire stake in U.S. chipmaker Nvidia for $5.8 billion. The Japanese tech investment giant’s decision to divest from one of the world’s most valuable semiconductor companies has triggered investor concerns, despite…
Groww, the Bengaluru-based fintech startup, has officially entered the public markets, marking a historic milestone in its 10-year journey from a mutual fund distributor to a full-fledged stock market leader. Founded in 2016 by former Flipkart executives Harsh Jain, Neeraj Singh, Lalit Keshre, and Ishan Bansal, Groww has become the first new-generation wealthtech company in…
Union Commerce and Industry Minister Piyush Goyal has strongly criticized the current credit rating framework in India, calling it “ridiculous” for evaluating micro, small, and medium enterprises (MSMEs) using the same parameters as billion-dollar corporations. Speaking at a business forum organized by CareEdge Global on November 11, 2025, Goyal emphasized the urgent need for a…
In a significant boost to India’s defence manufacturing capabilities, Bharat Electronics Limited (BEL), a Navratna public sector undertaking, has announced the acquisition of additional orders worth ₹792 crore. The orders, received since October 30, 2025, span a wide array of strategic defence technologies including network upgrades, communication systems, radars, drones, and combat management solutions. This…
Jindal Stainless Ltd (JSL), India’s largest stainless steel manufacturer, reported a stellar performance for the second quarter of FY26, posting a 32% year-on-year (YoY) jump in consolidated net profit to ₹808 crore. The robust earnings were driven by higher sales volumes, improved product mix, and sustained demand across key user industries including infrastructure, transportation, and…
Bajaj Finance has once again captured investor attention with a robust 22% year-on-year (YoY) surge in consolidated net profit for the second quarter of FY26, reaching ₹4,875 crore. Despite falling slightly short of market expectations pegged at ₹4,969 crore, the performance underscores the company’s resilience in a volatile lending environment. As shares remain in focus,…
As India prepares for the Union Budget 2026, a chorus of leading economists has urged the central government to focus on boosting private sector investment while maintaining a strict adherence to fiscal prudence. During a high-level pre-budget consultation chaired by Finance Minister Nirmala Sitharaman and Chief Economic Advisor Anantha Nageswaran, experts emphasized the need for…
As global markets ride the wave of artificial intelligence (AI) exuberance, concerns about a potential bubble have begun to surface. According to Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital, India may actually stand to benefit if the AI bubble bursts. In a recent market outlook, Bhatia likened the current AI…
India’s trade relationship with Russia has taken a sharply imbalanced turn, as imports surged nearly twelvefold from $5.48 billion in 2020–21 to $63.81 billion in 2024–25, according to data from the Ministry of Commerce. Despite this exponential growth in inbound trade—driven largely by discounted oil purchases—Indian exporters have failed to make significant inroads into the…
Fintech-led banking entity Slice Small Finance Bank has reported a net profit of ₹7 crore for the first half of FY26, marking a significant turnaround from its ₹217 crore loss in FY25. The Bengaluru-based firm, formed through the merger of digital lending startup Slice (Garagepreneurs Internet Pvt Ltd) and North East Small Finance Bank, has…
