April 22, 2026
Headlines

Business News Desk

Groww IPO

Groww IPO Attracts Over 100 Institutional Investors Including Top Domestic Mutual Funds and Global Sovereign Giants

Business News Desk03 mins mins

India’s fast-growing wealth-tech platform Groww has made a powerful debut in the public markets, drawing overwhelming interest from both domestic and international institutional investors. The ₹6,632 crore initial public offering (IPO) of Billionbrains Garage Ventures Ltd., Groww’s parent company, opened for public subscription on November 4, 2025, after raising ₹2,985 crore from over 100 anchor…

Read More
Pine Labs

Pine Labs Trims IPO Size, Sets Price Band at ₹210–₹221 Per Share, Targets $3 Billion Valuation

Business News Desk03 mins mins

Fintech unicorn Pine Labs has officially announced a reduction in the size of its much-anticipated initial public offering (IPO), setting a price band of ₹210 to ₹221 per share. The revised offering aims to raise up to ₹3,900 crore, valuing the company at approximately ₹25,300 crore (around $3 billion). This strategic recalibration comes ahead of…

Read More
GST

FY26 GST Revenue Set to Surpass Budget Estimates, SBI Report Predicts States Will Remain Net Gainers Despite Rate Rationalisation

Business News Desk03 mins mins

India’s Goods and Services Tax (GST) collections for the financial year 2025–26 (FY26) are projected to exceed the Union Budget’s revenue targets, according to a recent report by SBI Research. The report attributes this optimistic outlook to the robust performance of the Indian economy, improved compliance, and the successful implementation of GST 2.0, which introduced…

Read More
Jaya Jagdish

AMD India’s R&D Teams Now Fully Own Core IP, Says Country Head Jaya Jagdish, Marking a Milestone in Semiconductor Innovation

Business News Desk03 mins mins

In a landmark affirmation of India’s growing stature in global semiconductor innovation, Jaya Jagdish, Country Head and Senior Vice President of Design Engineering at AMD India, announced that the company’s R&D teams in India now fully own core intellectual property (IP) across multiple product lines. Speaking in an exclusive interview on November 2, 2025, Jagdish…

Read More
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