As wealth-tech platform Groww made its public market debut, the moment triggered more than just investor enthusiasm—it ignited a spirited debate among India’s top startup voices on the sustainability of growth models, profitability, and the role of IPOs in the startup ecosystem. The conversation was led by Zerodha CEO Nithin Kamath, Ixigo chairman Aloke Bajpai,…
In a significant financial disclosure, State Bank of India (SBI) Chairman CS Setty confirmed that the bank has earned a pre-tax internal rate of return (IRR) of approximately 14% from its strategic investment in Yes Bank. The announcement comes as SBI completed a partial stake sale in the private sector lender, marking a successful culmination…
In a major policy push to strengthen India’s industrial base, the Union Ministry of Steel has launched the third round of the Production Linked Incentive (PLI) scheme for speciality steel, aiming to attract fresh investments worth ₹44,000 crore. The initiative, titled PLI 1.2, was unveiled by Union Steel Minister H D Kumaraswamy on November 4,…
In a sweeping enforcement move, the Enforcement Directorate (ED) has provisionally attached 132 acres of land at Dhirubhai Ambani Knowledge City (DAKC) in Navi Mumbai, valued at ₹4,462.81 crore, as part of its ongoing investigation into alleged bank frauds involving Anil Ambani’s Reliance Communications Ltd (RCom) and other group entities. The action, executed under the…
India’s leading stock exchange, National Stock Exchange (NSE), has reported a sharp decline in its consolidated financial performance for the second quarter of FY26. According to its latest earnings report released on November 4, 2025, NSE’s consolidated profit after tax (PAT) fell 33% year-on-year to ₹2,098 crore, compared to ₹3,137 crore in the same quarter…
In a landmark financial move, Adani Enterprises Ltd. (AEL), the flagship company of the Adani Group, has approved a ₹25,000 crore rights issue aimed at eligible equity shareholders. The decision was finalized during the board meeting held on November 4, 2025, and marks one of the largest capital-raising initiatives in India’s corporate history. The rights…
In a decisive move to restore investor confidence and strengthen market integrity, SEBI Chairman Tuhin Kanta Pandey has announced stringent action against the Multi Commodity Exchange (MCX) following its recent trading disruption, while also unveiling plans to revamp India’s decades-old brokerage regulations. Speaking at the Morningstar India Conference 2025 in Mumbai, Pandey emphasized that the…
India’s debt market is undergoing a structural transformation, and corporate bonds are emerging as the preferred asset class for investors seeking a balance of yield, liquidity, and credit quality. With the total bond market estimated at ₹226.3 trillion as of December 2024, corporate bonds now account for approximately ₹53.6 trillion—representing nearly 18% of India’s GDP….
Power Grid Corporation of India Ltd (PGCIL), the Maharatna PSU and India’s largest power transmission utility, reported a 6% year-on-year decline in consolidated net profit for the second quarter of FY26, settling at ₹3,612.26 crore compared to ₹3,706.10 crore in Q2 FY25. Despite the dip in profitability, the company declared a 45% interim dividend, amounting…
Titan Company Ltd, the Tata Group’s lifestyle and jewellery powerhouse, delivered a robust financial performance for the second quarter of FY26, reporting a 59% year-on-year (YoY) increase in consolidated net profit to ₹1,120 crore. The company’s revenue from operations grew 25% YoY to ₹18,725 crore, driven by strong festive demand and broad-based growth across its…
