Business Insights
National Aluminium Company Limited (NALCO), one of India’s largest public sector enterprises under the Ministry of Mines, has announced its highest-ever net profit of ₹5,325 crore for the financial year 2024-25, marking a significant milestone in its growth trajectory. This record-breaking performance reflects strong operational efficiency, favorable market conditions, and strategic expansion initiatives that have…
The liquor industry in Uttar Pradesh (UP) is gearing up for a historic milestone, with exports projected to cross 1,000 million litres by 2026, according to estimates from leading industry bodies. This achievement will not only cement UP’s position as one of the largest liquor-exporting states in India but also reflect the impact of progressive…
The Indian Beverage Association (IBA) has called on the government to reduce the Goods and Services Tax (GST) on aerated beverages from the current 28% to 18%, arguing that the existing high tax rate is stifling growth in the beverage sector, harming allied industries, and hurting farmer incomes. The request comes ahead of upcoming budget…
The JSW Group, one of India’s largest conglomerates with interests in steel, energy, cement, and infrastructure, is preparing to strengthen its electric vehicle (EV) business by venturing into auto parts manufacturing, according to industry reports. This move is seen as part of JSW’s larger strategy to establish itself as a strong player in India’s evolving…
India’s premium whisky market has witnessed a significant milestone as Indri-Trini, India’s triple cask single malt whisky, has emerged as the top-selling single malt in the country, crossing 20 lakh (2 million) sales. This achievement positions Indri as a dominant player in the rapidly expanding Indian luxury spirits segment, reflecting both the rising demand for…
In a landmark achievement, the Adani Group has announced that its consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has crossed ₹90,000 crore for the first time, marking a significant milestone in India’s corporate history. The achievement reflects the diversified conglomerate’s robust performance across sectors including energy, ports, airports, infrastructure, logistics, cement, and renewable…
Tata Steel Ltd., one of India’s largest and most diversified steel producers, has acquired equity shares worth ₹3,104.03 crore in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP), marking a significant step in its global capital deployment strategy. The transaction, completed on August 26, 2025, involved the subscription of 353.23 crore equity…
Micromax’s manufacturing arm, Bhagwati Products Ltd, is making a bold move to scale up its electronics manufacturing footprint in India with the announcement of two new mega factories in Greater Noida. Co-founder Rahul Sharma confirmed that the expansion is part of a sweeping strategy to deepen India’s role in the global electronics supply chain, including…
In a landmark achievement for India’s maritime sector, Adani Group’s Vizhinjam International Seaport has handled over 1 million twenty-foot equivalent units (TEUs) within just nine months of commencing commercial operations. Operated by Adani Ports and Special Economic Zone (APSEZ), the deep-water port located in Vizhinjam, Kerala, has exceeded expectations and set new benchmarks in container…
The Indian Renewable Energy Development Agency (IREDA) has set an ambitious revenue target of ₹8,200 crore for the financial year 2025–26 (FY26), marking a 22% increase over its FY25 topline. The announcement was made following the signing of a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on August…
