In a strategic push to enhance foreign investor participation, the Securities and Exchange Board of India (Sebi) has initiated consultations with key stakeholders to simplify the Know Your Customer (KYC) norms for Foreign Portfolio Investors (FPIs). The move comes amid rising global interest in Indian equities and a broader effort to align regulatory frameworks with…
In one of the most candid reflections on tech rivalry, Oracle co-founder Larry Ellison once described Microsoft’s Bill Gates as “not the smartest guy in the room, but definitely the most competitive.” The remark, made during a public interview in the early 2000s, has resurfaced in recent tech retrospectives, reigniting interest in the legendary battles…
India’s ambitious fifth-generation stealth fighter program has received a major boost as 28 domestic and international firms have expressed interest in partnering with Hindustan Aeronautics Limited (HAL) for the Advanced Medium Combat Aircraft (AMCA) project. The surge in interest marks a pivotal moment in India’s aerospace journey, as the country aims to join the elite…
In a key leadership development for India’s energy sector, the Public Enterprises Selection Board (PESB) has recommended B Sairam as the next Chairman and Managing Director (CMD) of Coal India Ltd (CIL), the world’s largest coal-producing company. The recommendation, made after a rigorous selection process, positions Sairam to take charge of the Maharatna PSU at…
In a high-stakes diplomatic engagement, India’s External Affairs Minister S Jaishankar is set to meet US Secretary of State Marco Rubio in New York today, marking their first face-to-face interaction since the United States imposed a steep 50% tariff on Indian goods over New Delhi’s continued purchase of Russian oil. The meeting, scheduled on the…
India’s equity markets are poised for a festive rally as corporate earnings enter an upgrade cycle, according to Sonam Srivastava, Founder and Fund Manager at Wright Research PMS. With the Nifty and Sensex showing signs of renewed momentum, Srivastava believes the stage is set for fresh highs around Diwali, driven by stabilizing macro indicators, easing…
OpenAI CEO Sam Altman has reignited the global debate on artificial intelligence and employment disruption with a bold prediction: several job categories are on the brink of extinction due to rapid AI advancement. Speaking on The Tucker Carlson Show, Altman said he is “confident” that customer service roles and routine programming jobs will be among…
The simmering ownership dispute within the Kalyani-Hiremath family has resurfaced as Amit Kalyani, son of Bharat Forge chairman Baba Kalyani, seeks re-election to the board of Hikal Ltd—a specialty chemicals and pharmaceuticals company co-founded by the family. The reappointment bid, which comes under an ordinary resolution, is expected to face stiff resistance from Amit’s aunt,…
India’s sugar mills are expected to miss their government-mandated export quota for the 2024–25 season, shipping only around 775,000 metric tons against the allocated 1 million tons. The shortfall is attributed to a surge in global sugar supplies from Brazil, which has driven international prices to a four-year low, making Indian shipments less competitive in…
In a landmark policy shift poised to reshape West Bengal’s industrial landscape, the state cabinet has officially granted industry status to the logistics sector, sparking optimism for accelerated growth, infrastructure development, and employment generation. The decision, approved during the cabinet meeting chaired by Chief Minister Mamata Banerjee on September 19, 2025, is being hailed as…
