March 3, 2026
Headlines

Business News Desk

FPI

FPI Inflows into Indian Government Bonds Surge to Seven-Month High in October Amid Rate Differential and Rupee Stability

Business News Desk03 mins mins

Foreign Portfolio Investors (FPIs) pumped ₹13,397 crore into Indian government securities under the Fully Accessible Route (FAR) in October 2025, marking the highest monthly inflow in seven months.The surge reflects renewed global confidence in India’s debt market, driven by favorable interest rate differentials, a stable rupee, and expectations of further monetary easing by the Reserve…

Read More
Berkshire Hathaway

Berkshire Hathaway’s 12th Straight Quarter of Stock Sell-Off Signals Buffett’s Defensive Strategy Amid Market Uncertainty

Business News Desk03 mins mins

Warren Buffett’s Berkshire Hathaway has continued its streak of net stock sales for the 12th consecutive quarter, offloading $12.5 billion worth of equities while purchasing only $6.4 billion in the third quarter of 2025. This sustained pattern of divestment, revealed in the company’s latest earnings report, reflects a cautious and defensive investment posture as the…

Read More
Satya Nadella

Microsoft CEO Satya Nadella Signals Strategic Hiring Surge Post-Layoffs, Emphasizes AI-Driven Workforce Transformation

Business News Desk03 mins mins

Microsoft is poised to expand its workforce again following a year of significant layoffs, but CEO Satya Nadella has made it clear that future hiring will be guided by a new paradigm—one shaped by artificial intelligence, productivity leverage, and role transformation. Speaking on the BG2 podcast with investor Brad Gerstner, Nadella said, “We will grow…

Read More
Shadowfax Technologies

Shadowfax Technologies Files Updated DRHP for ₹2,000 Crore IPO, Flipkart and IFC Among Key Stakeholders Offloading Shares

Business News Desk03 mins mins

Shadowfax Technologies, a leading tech-driven logistics platform backed by Flipkart, has filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a ₹2,000 crore initial public offering. The IPO comprises a fresh issue of shares worth ₹1,000 crore and an offer for sale (OFS) of ₹1,000 crore…

Read More
Urban Company

Urban Company Reports ₹59 Crore Net Loss in Q2 FY26 Despite 37% Revenue Surge, Insta Help Expansion Drives Strategic Shift

Business News Desk03 mins mins

Urban Company, India’s leading home services marketplace, reported its Q2 FY26 financial results with a mixed performance—highlighting aggressive growth in topline revenue but a widening net loss. The Gurugram-based firm posted a consolidated net loss of ₹59.3 crore, a sharp increase from ₹1.82 crore in the same quarter last year. The loss was primarily attributed…

Read More
JK Cement

JK Cement Delivers Strong Q2 FY26 Performance with 27.6% Profit Surge and 17.9% Revenue Growth

Business News Desk03 mins mins

JK Cement Ltd has reported a robust financial performance for the second quarter of FY26, with consolidated net profit rising by 27.6% year-on-year to ₹160.53 crore, driven by higher volumes, improved operational efficiencies, and strategic capacity expansion. The company’s revenue from operations increased by 17.9% YoY to ₹3,019.2 crore, reflecting strong demand across both grey…

Read More
Lenskart IPO

Persistence Capital Skips Lenskart IPO Amid ₹70,000 Crore Valuation Debate and Investor Scepticism

Business News Desk03 mins mins

In a move that has stirred debate across India’s capital markets, alternative investment fund Persistence Capital publicly announced its decision to skip participation in the high-profile initial public offering (IPO) of eyewear retailer Lenskart. The fund’s candid disclosure, made via a post on X (formerly Twitter), has added fuel to the ongoing conversation around inflated…

Read More
GDP

India Must Lift Investment Rate to 34–35% of GDP to Sustain 7% Growth, Says EAC-PM Chair S Mahendra Dev

Business News Desk03 mins mins

India’s long-term economic growth hinges on a decisive increase in its investment rate, according to S Mahendra Dev, Chairperson of the Economic Advisory Council to the Prime Minister (EAC-PM). Speaking at the First ISID@40 Distinguished Person Lecture in New Delhi, Dev emphasized that India must raise its investment rate from the current 31–32% to at…

Read More
Vedanta

Vedanta Posts Record Revenue and EBITDA in Q2 FY26 Despite 13% Profit Dip, Declares ₹16 Dividend

Business News Desk03 mins mins

Vedanta Limited, one of India’s leading diversified natural resources companies, reported its financial results for the second quarter of FY26, showcasing a mixed performance. While the company’s consolidated net profit before exceptional items declined by 13% year-on-year to ₹5,026 crore, it simultaneously achieved record revenue and EBITDA, driven by strong operational performance in its aluminium…

Read More
Bankim Brahmbhatt

Bankim Brahmbhatt: The Indian-Origin CEO at the Center of BlackRock’s $500 Million Fraud Scandal

Business News Desk03 mins mins

Bankim Brahmbhatt, an Indian-origin telecom entrepreneur, has become the focal point of one of the largest alleged loan frauds in the history of private credit markets. Accused of orchestrating a $500 million deception involving fabricated invoices, fake customer accounts, and non-existent receivables, Brahmbhatt’s case has sent shockwaves through global financial circles. The lawsuit, filed by…

Read More