April 17, 2026
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HARMAN

HARMAN Announces ₹345 Crore Investment to Expand Pune Automotive Electronics Facility Over Three Years

Business News Desk05 mins mins

Global connected technologies leader HARMAN, a wholly owned subsidiary of Samsung Electronics, has unveiled a strategic investment plan worth ₹345 crore to expand its automotive electronics manufacturing facility in Chakan, Pune. The announcement, made on October 27, 2025, marks a significant milestone in HARMAN’s commitment to India’s growing automotive and mobility ecosystem. The investment includes…

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Reliance and Meta

Reliance and Meta Launch Rs 855-Crore AI Venture to Revolutionize Enterprise Solutions in India

Business News Desk15 mins mins

In a landmark move that signals a new era of digital transformation, Reliance Industries and Meta Platforms have joined forces to launch a Rs 855-crore artificial intelligence venture aimed at building and scaling enterprise-grade AI solutions across India. The newly formed entity, Reliance Enterprise Intelligence Limited (REIL), will focus on developing, marketing, and distributing AI-powered…

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Vedanta Group

Vedanta Group Commits Additional ₹1 Lakh Crore Investment in Odisha to Boost Industrial Growth and Employment

Business News Desk03 mins mins

In a transformative move for Odisha’s industrial landscape, Vedanta Group has announced an additional investment of ₹1 lakh crore in the state, aimed at developing downstream industries, aluminium parks, and a ferro-alloys plant. The announcement was made following a high-level meeting between Vedanta Chairman Anil Agarwal and Odisha Chief Minister Mohan Charan Majhi on October…

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Big Four

India Charts Path to Its Own Big Four: Government Pushes for Large Domestic Audit Firms and Global Alliances

Business News Desk03 mins mins

In a landmark move to reshape the professional services landscape, the Indian government has launched a strategic initiative to build its own version of the “Big Four” audit and consultancy firms. The plan aims to empower large domestic accounting firms to compete with global giants—Deloitte, PwC, EY, and KPMG—by encouraging mergers, easing regulatory constraints, and…

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Hyperlocal Delivery

JioMart’s Hyperlocal Delivery Surges 200% in Q2 FY26, Reinforces Reliance Retail’s Quick Commerce Dominance

Business News Desk523 mins mins

In a major boost to India’s quick commerce ecosystem, JioMart, the digital commerce arm of Reliance Retail Ventures Ltd., has recorded a staggering 200% year-on-year growth in its Quick Hyper-Local Delivery segment during Q2 FY26 (July–September 2025). The company added 5.8 million new customers in the quarter, marking a 120% sequential rise, and expanded its…

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Ultratech Cement

Ultratech Cement Unveils ₹10,255 Crore Capex Plan, India Cements to Benefit from Expansion Push

Business News Desk43 mins mins

India’s largest cement manufacturer Ultratech Cement, part of the Aditya Birla Group, has announced a massive ₹10,255 crore capital expenditure plan aimed at expanding its production capacity by 22.8 million tonnes per annum (mtpa). The investment, approved by the company’s board on October 18, 2025, will be executed through a mix of brownfield and greenfield…

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Samsung Electronics

Samsung Electronics Family to Offload $1.2 Billion Stake to Settle Inheritance Tax, Signals Strategic Realignment

Business News Desk03 mins mins

In a significant financial move, the family of Samsung Electronics Chairman Jay Y. Lee has announced plans to sell 17.7 million shares—valued at approximately 1.73 trillion won ($1.22 billion)—in the South Korean tech giant. The sale, disclosed in a regulatory filing on October 18, 2025, is aimed at covering a portion of the inheritance tax…

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IHCL

IHCL and Ambuja Neotia Group Eye Pan-India Hospitality Expansion with Joint Investments Beyond Bengal

Business News Desk03 mins mins

In a strategic move poised to reshape India’s hospitality landscape, Indian Hotels Company Limited (IHCL) and Ambuja Neotia Group are set to expand their partnership beyond West Bengal, transitioning from management contracts to joint investments in new hospitality projects. The development, confirmed by senior executives on October 17, 2025, marks a deepening of their alliance…

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Harsh Goenka

IPL’s Valuation Slips to ₹76,100 Crore in 2025: Harsh Goenka Attributes Dip to Gaming Ad Ban, Media Consolidation

Business News Desk03 mins mins

The Indian Premier League (IPL), once hailed as India’s most valuable sporting property, has seen its valuation decline for the second consecutive year, dropping from ₹92,500 crore in 2023 to ₹76,100 crore in 2025, according to D&P Advisory’s Beyond 22 Yards 2025 report. The 18% fall over two years has sparked widespread debate across the…

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Semiconductor

India’s Semiconductor Ambitions Face Manufacturing Bottleneck Despite Global Design Edge

Business News Desk03 mins mins

India’s semiconductor sector is at a critical inflection point. While the country has emerged as a global hub for chip design, a new report by Endiya Partners warns that the absence of large-scale manufacturing infrastructure threatens to derail its ambitions of building a self-reliant semiconductor ecosystem. Released on October 16, 2025, the report titled India’s…

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