Business Insights
In a bold and candid assessment of global trade dynamics, Gautam Singhania, Chairman and Managing Director of the Raymond Group, has described the recent imposition of tariffs by the United States as a “dangerous game” that could trigger hyperinflation in America. Speaking at the centennial celebration of Raymond, one of India’s most iconic textile and…
In a significant development that has sent ripples through India’s corporate and financial sectors, the Enforcement Directorate (ED) has filed a fresh money laundering case against industrialist Anil Ambani and his company Reliance Communications (RCom). The case, linked to an alleged ₹2,929 crore bank fraud, stems from a First Information Report (FIR) filed by the…
Embassy Group, one of India’s leading real estate developers, has announced the complete sell-out of its luxury plotted development ‘Paradiso’ within the Embassy Springs township in North Bengaluru. The project, which spans 6.4 acres and features large-format plots ranging from 4,300 to 4,800 sq ft, has clocked pre-sales worth ₹204 crore as of September 9,…
PCBL Chemical Ltd, India’s largest carbon black manufacturer and a key player in the RP-Sanjiv Goenka Group, has unveiled its Vision 2030 roadmap, aiming to double its revenue to ₹16,000 crore and achieve a five-fold increase in profit after tax (PAT) by FY30. The company plans to expand capacity by 50% across all product lines,…
Bharat Forge Ltd., the Pune-based engineering and defence major, has announced a landmark expansion into advanced defence manufacturing, triggering a sharp rally in its stock price. On September 8, 2025, shares of Bharat Forge jumped over 6% to ₹1,213.30 on the BSE, following news that its step-down subsidiary Agneyastra Energetics will acquire nearly 950 acres…
Craft Emerging Market Fund PCC has acquired a 3.87% equity stake in Prime Focus Limited, a leading global media and entertainment services company, through a block deal valued at ₹187.86 crore. The transaction, executed on September 8, 2025, involved the purchase of 1.20 crore equity shares at an average price of ₹156.55 per share, marking…
Bharat Petroleum Corporation Limited (BPCL) has received a crucial nod from the Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change to prepare the Terms of Reference (ToR) for its proposed ₹1.03 lakh crore Greenfield Refinery and Petrochemical Complex in Andhra Pradesh. The massive infrastructure project, set to be located at…
India’s $225 billion IT services industry is bracing for a potential disruption as the United States considers imposing a 25% outsourcing tax under the newly proposed Halting International Relocation of Employment (HIRE) Act. Introduced by Republican Senator Bernie Moreno, the bill aims to penalize US companies that outsource jobs overseas, particularly targeting service payments made…
In a landmark development for India’s infrastructure and cement sectors, Vedanta Group has emerged as the winning bidder to acquire Jaiprakash Associates Ltd (JAL) with a ₹17,000 crore offer, beating out rival Adani Group in a tightly contested race. The acquisition marks one of the largest distressed asset takeovers in recent years and signals Vedanta’s…
India’s solar industry is experiencing a pivotal moment in its clean energy journey, as rising US tariffs on Indian solar exports have unexpectedly strengthened the sector’s domestic focus and manufacturing resilience. With the United States imposing up to 50% tariffs on Indian solar products since August 2025, manufacturers are recalibrating their strategies—shifting from export dependency…
