Business Insights
AirTrunk, the hyperscale data center company backed by private equity giant Blackstone, has unveiled plans to build a state-of-the-art data center in India, marking a significant milestone in the country’s digital infrastructure expansion. The announcement comes at a time when artificial intelligence (AI), cloud computing, and digital transformation are driving unprecedented demand for data storage…
In a landmark development for India’s industrial and economic landscape, Andhra Pradesh has signed agreements with two Taiwanese companies involving investments worth ₹18,400 crore. The deals, finalized during a high-level business summit in Amaravati, are expected to significantly boost the state’s manufacturing capacity, generate employment, and strengthen India’s position in global supply chains. The agreements…
In a landmark move to revitalize India’s export ecosystem and shield vulnerable sectors from global tariff shocks, the Union Cabinet has approved the ambitious Export Promotion Mission (EPM) with a total outlay of ₹25,060 crore. This strategic initiative, spanning six years from FY 2025–26 to FY 2030–31, is designed to empower micro, small, and medium…
Biocon Ltd., India’s leading biopharmaceutical company, has reported a sharp turnaround in its financial performance for the second quarter of FY26, swinging to a consolidated net profit of ₹84.5 crore from a loss of ₹16 crore in the same period last year. The Bengaluru-based firm’s strong results were driven by robust growth in its biosimilars…
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,…
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…
In a bold and visionary statement, Ashish Chauhan, CEO of the National Stock Exchange of India (NSE), declared that India will emerge as the biggest winner in the global artificial intelligence (AI) race, challenging the long-standing dominance of the United States in the sector. Speaking through a detailed post on X (formerly Twitter) on November…
Grasim Industries Ltd., a flagship company of the Aditya Birla Group, continues to attract bullish sentiment from top brokerages even amid leadership changes in its paints division. Citi has raised its price target on Grasim from ₹3,400 to ₹3,450, maintaining a ‘buy’ rating despite the sudden resignation of Rakshit Hargave, CEO of Birla Opus, just…
