Business Insights
Adani Green Energy Limited (AGEL), one of India’s largest renewable energy companies, has once again captured investor attention after its subsidiary signed a captive hybrid power purchase agreement (PPA) with Asahi India Glass Ltd (AIS). The deal is being seen as a landmark in India’s renewable energy sector, combining solar and wind power to deliver…
India’s largest airline, InterGlobe Aviation Ltd (IndiGo), is facing a turbulent financial outlook as brokerage firm Nuvama has projected a sharp 65% plunge in its Q3 profit, turning what is traditionally considered the peak quarter for airlines into one of the worst. The report highlights a combination of rising costs, operational challenges, and weaker-than-expected demand…
German industrial giant Thyssenkrupp AG is reportedly considering a phased sale of its steel division, Thyssenkrupp Steel Europe (TKSE), to Jindal Steel International, according to sources familiar with the matter. The move, if finalized, would mark one of the most significant cross-border transactions in the global steel industry, reshaping the competitive landscape and strengthening India’s…
India’s real estate sector witnessed a landmark achievement in 2025 as institutional investments surged to an all-time high of $8.47 billion, according to a recent industry report. This record-breaking figure underscores the growing confidence of global and domestic investors in India’s property market, driven by strong demand, regulatory reforms, and the country’s robust economic outlook….
The Indian government is increasingly relying on dividends from public sector undertakings (PSUs) to bridge the gap created by a shortfall in its disinvestment targets. With ambitious plans to raise funds through stake sales in state-owned enterprises falling short, dividends have emerged as a crucial lifeline for fiscal management. Among the key expectations, IDBI Bank’s…
Adani Enterprises, the flagship company of the Adani Group, has once again demonstrated its strong market appeal by successfully raising Rs 1,000 crore through a bond issue, which was completely subscribed within just 45 minutes of opening. The overwhelming response from investors highlights the confidence in the company’s financial strength, growth trajectory, and diversified business…
The Karnataka government has ordered a probe into the controversial Infosys land sale in Bengaluru, with the Revenue Minister confirming that the Bengaluru Deputy Commissioner (DC) will lead the investigation. The matter has gained significant attention after allegations of irregularities in the registration process surfaced, prompting swift administrative action including the suspension of the concerned…
India’s richest man and Reliance Industries chairman Mukesh Ambani recently paid a spiritual visit to the historic Somnath Temple in Gujarat, accompanied by his family. The Ambani family’s presence at one of the most revered shrines of Lord Shiva drew significant attention, highlighting their deep-rooted faith and commitment to cultural traditions. The visit was not…
The Indian financial community is mourning the sudden demise of Siddhartha Bhaiya, a respected fund manager and market commentator, who passed away at the age of 47. Known for his sharp insights and contrarian views, Bhaiya had recently warned that Indian equities were in a “bubble of epic proportions”, a statement that sparked intense debate…
India’s packaged food giant Britannia Industries has received a Goods and Services Tax (GST) order worth Rs 108.5 crore over alleged irregularities in input tax credit (ITC). The development has sparked discussions across corporate and financial circles, raising questions about compliance, tax governance, and the broader implications for the FMCG sector. Background of the GST…
