In a major development that could have far-reaching implications for India’s financial sector, the Central Bureau of Investigation (CBI) has filed chargesheets against industrialist Anil Ambani, his group companies, and former Yes Bank CEO Rana Kapoor along with members of his family in connection with a ₹2,796 crore fraud case. The chargesheets, filed before a…
In a major development that could reshape investor sentiment and restore corporate credibility, the Securities and Exchange Board of India (SEBI) has given the Adani Group a clean chit in its investigation into allegations made by U.S.-based short-seller Hindenburg Research. The probe, which spanned over 18 months, examined claims of stock manipulation, opaque offshore entities,…
India and Taiwan are poised to deepen their strategic partnership in two critical sectors—rare earth minerals and semiconductors—marking a new chapter in Indo-Pacific industrial cooperation. The announcement came during the Taiwan Expo 2025 held in New Delhi, where Taiwanese officials emphasized their intent to source rare earths from India and invest heavily in semiconductor manufacturing….
India’s Chief Economic Advisor (CEA) V. Anantha Nageswaran has signaled a potential breakthrough in the ongoing trade dispute with the United States, suggesting that the additional 25% export duty imposed on Indian goods could be withdrawn within the next 8 to 10 weeks. Speaking at industry events in Kolkata, Nageswaran expressed cautious optimism, stating that…
India’s metallurgical coke industry is sounding the alarm over what it claims is rampant dumping of low-ash coke by Chinese-owned firms operating through Indonesia. The Indian Metallurgical Coke Manufacturers Association (IMCOM) has formally written to the Ministry of Commerce, alleging that import curbs introduced earlier this year are being misused to flood the domestic market…
The allotment status for Airfloa Rail Technology Ltd’s highly subscribed SME IPO is expected to be finalized today, September 16, 2025. Investors who participated in the ₹91.10 crore public issue are eagerly awaiting confirmation of their share allotment, especially as the grey market premium (GMP) has surged to ₹175 per share, indicating a potential listing…
Hero Motors, a leading auto component manufacturer, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its ₹1,200 crore initial public offering (IPO). The offering will comprise a fresh issue of ₹800 crore and an offer for sale (OFS) worth ₹400 crore, aimed at funding strategic growth initiatives, reducing…
Global brokerage firm JP Morgan has initiated coverage on India’s logistics sector with a bullish outlook, identifying two standout stocks—Aegis Logistics Ltd and Delhivery Ltd—as top investment picks. The firm sees strong upside potential of up to 21% in these stocks, driven by sectoral reforms, rising demand, and operational efficiencies. The recommendation comes amid a…
India’s listed Real Estate Investment Trusts (REITs) witnessed a sharp rally of up to 8% over the past two trading sessions following the Securities and Exchange Board of India’s (SEBI) decision to reclassify REITs as equity instruments. The move, announced on September 15, 2025, is being hailed as a landmark reform that could significantly boost…
India is intensifying its push for tariff reductions on key labour-intensive sectors—textiles, leather goods, and gems & jewellery—as part of the ongoing negotiations for a free trade agreement (FTA) with the European Union. The 13th round of talks, held from September 8–12 in New Delhi, saw significant convergence on multiple issues, with both sides aiming…
