Business Insights
India’s ambitious Research and Development Innovation (RDI) Fund has been positioned as a game-changer for the country’s deep tech ecosystem. According to Department of Science and Technology (DST) Secretary Abhay Karandikar, the fund will be considered a true success if an initial investment of Rs 1 lakh crore can catalyse Rs 10 lakh crore in…
India’s leading investment platform Groww has achieved a major milestone by securing an online bond distribution licence from the Securities and Exchange Board of India (SEBI). This development marks a significant expansion of Groww’s offerings beyond equities, mutual funds, and ETFs, enabling retail investors to access bonds seamlessly through its digital platform. The licence positions…
Hazoor Multi Projects Ltd, a prominent infrastructure development company, has secured two major contracts worth Rs 277 crore from the National Highways Authority of India (NHAI). These projects, located in Tamil Nadu and Maharashtra, mark a significant milestone in the company’s expansion strategy and reinforce its reputation as a trusted player in India’s road construction…
India’s largest institutional investor, the Life Insurance Corporation of India (LIC), has come under the spotlight for its significant exposure to the Adani Group. The scrutiny follows heightened debates around corporate governance, risk management, and the role of public financial institutions in safeguarding policyholders’ money. LIC’s investments in Adani companies, which span across multiple sectors…
In a landmark deal that reshapes India’s alcoholic beverages industry, Tilaknagar Industries Limited (TI) has successfully completed the Rs 4,150 crore acquisition of Imperial Blue, one of the most popular whisky brands in the country, from French multinational Pernod Ricard. This acquisition marks a significant turning point for Tilaknagar, positioning it as a stronger player…
The future of work is once again under the spotlight after Elon Musk, the billionaire entrepreneur and CEO of Tesla, SpaceX, and xAI, made another bold prediction during his conversation on Nikhil Kamath’s podcast. Musk, known for his provocative insights into technology and society, declared that artificial intelligence (AI) will fundamentally reshape jobs, sparking intense…
Reliance Industries Limited (RIL), India’s largest conglomerate led by Mukesh Ambani, is entering what analysts are calling its fourth monetisation wave, raising questions about whether the company’s massive $80 billion post-Covid capital expenditure (capex) will finally deliver transformative returns by 2026. With investments spanning telecom, retail, green energy, and digital platforms, Reliance is positioning itself…
The long-running National Spot Exchange Limited (NSEL) fraud case, often described as one of India’s most significant financial scandals, has finally reached closure. The National Company Law Tribunal (NCLT) has approved a ₹1,950 crore settlement plan, bringing an end to years of litigation, investor anxiety, and regulatory scrutiny. This decision marks a historic moment in…
India’s leading electric two-wheeler manufacturer, Ola Electric, has received shareholder approval to raise Rs 1,500 crore in fresh capital, even as the company grapples with declining sales and mounting negative cash flow. The move underscores Ola Electric’s determination to strengthen its financial position, sustain operations, and invest in future growth despite near-term challenges in the…
In a significant move aimed at strengthening its capital base, ICICI Bank has approved a capital raise of Rs 3,945 crore through the issuance of Tier-2 bonds. This decision reflects the bank’s proactive approach to maintaining robust financial health, meeting regulatory requirements, and supporting its long-term growth strategy. The announcement has generated considerable interest among…
