India’s private defence manufacturing sector is poised for a historic leap, with Crisil projecting the cumulative order book to surge to ₹55,000 crore by FY26—driven by policy reforms, indigenous procurement mandates, and rising global interest in Indian-made platforms. The report marks a significant endorsement of the ‘Make In India’ initiative, which has increasingly shifted defence…
Ganesh Consumer Products Ltd’s initial public offering (IPO) has garnered a modest subscription of 18% by the end of Day 2, with retail investors leading the charge at 31% subscription in their allocated portion. The ₹240 crore issue opened on September 22 and will close on September 25, aiming to raise capital for expansion, brand…
Reliance Jio is reportedly preparing for one of India’s largest-ever public offerings, a move that could not only unlock significant value for investors but also solidify its leadership in the country’s fiercely competitive telecom sector. The IPO, expected to be launched in early 2026, is likely to raise upwards of ₹80,000 crore, according to market…
Shares of Eternal Ltd have surged 24% year-to-date (YTD), hitting fresh lifetime highs and outperforming benchmark indices and sector peers. The rally, driven by strong earnings momentum, aggressive expansion plans, and renewed investor interest in mid-cap growth stories, has sparked debate on whether the stock can sustain its breakneck pace or faces a near-term cooldown….
Swiss artificial intelligence startup Giotto.ai is reportedly in advanced talks to raise a new round of funding that could value the company at over $1 billion, according to sources familiar with the matter. The Lausanne-based firm, known for its proprietary generative AI models tailored for enterprise automation, is seeking to capitalize on surging investor interest…
India’s eight core industries posted a robust 6.3% year-on-year growth in August 2025, signaling continued momentum in the country’s industrial recovery. The latest data released by the Ministry of Commerce and Industry shows that coal, electricity, steel and natural gas were the key drivers of this expansion, offsetting slower growth in crude oil and fertilizers….
The Maldives has set an ambitious goal to source 33% of its total energy from renewable sources by 2028, and India is emerging as a key strategic partner in helping the island nation achieve this milestone. With limited landmass, high dependency on diesel imports, and rising climate vulnerability, the Maldives is turning to regional cooperation,…
Despite recent regulatory relaxations by the Securities and Exchange Board of India (Sebi), the number of new Registered Investment Adviser (RIA) applications continues to stagnate, raising questions about the effectiveness of reforms aimed at expanding India’s advisory ecosystem. While Sebi’s intent to simplify onboarding and reduce entry barriers is evident, industry experts argue that deeper…
India’s ambitious Production-Linked Incentive (PLI) scheme for telecom and networking equipment has received renewed support from the Department of Telecommunications (DoT), even as nearly half of the participating firms failed to meet the eligibility criteria for incentives in the latest review cycle. The DoT’s endorsement comes amid growing concerns over execution gaps, delayed investments, and…
Shares of a Life Insurance Corporation (LIC)-owned non-banking financial company (NBFC) rallied over 5% on Tuesday following the successful redemption of commercial papers (CPs) worth ₹30 crore. The move, seen as a strong signal of liquidity strength and financial discipline, triggered renewed investor confidence in the stock, which had been trading range-bound over the past…
