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…
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…
Union Commerce and Industry Minister Piyush Goyal is expected to travel to Washington in the next few days to advance negotiations on the proposed India-US Bilateral Trade Agreement (BTA), according to senior government sources. The visit follows a seven-hour meeting held in New Delhi on September 16 between US Chief Negotiator Brendan Lynch and Indian…
In a dramatic turnaround that has electrified Dalal Street, the Securities and Exchange Board of India (SEBI) has officially dismissed all allegations made by US-based short-seller Hindenburg Research against the Adani Group. The verdict, delivered on September 18, 2025, has triggered a ₹46,000 crore rally in Adani Group stocks, restoring investor confidence and marking the…
Sampat Aluminium Ltd, a Gujarat-based manufacturer of aluminium long products, has closed its maiden public offering with a staggering 153.8 times subscription, reflecting robust investor appetite despite modest grey market premium (GMP) signals. The ₹30.53 crore IPO, which opened on September 17 and closed on September 19, 2025, received bids worth ₹3,386.4 crore against an…
In a major development that has sent shockwaves through India’s financial and corporate sectors, the Central Bureau of Investigation (CBI) has filed a chargesheet against industrialist Anil Ambani and former Yes Bank CEO Rana Kapoor in connection with a ₹2,796 crore corruption case. The chargesheet, submitted before a special court in Mumbai on September 18,…
Zerodha co-founder Nithin Kamath has called his investment in Akshayakalpa Organic “by far our best,” spotlighting a regenerative farming model that’s quietly transforming India’s dairy landscape and soil health. In a post shared on X (formerly Twitter) on September 18, 2025, Kamath praised the startup’s work in rebuilding soil organic content (SOC)—a metric he says…
Solar module manufacturer Saatvik Green Energy has successfully mobilized ₹269.4 crore from anchor investors, setting the stage for its ₹900-crore initial public offering (IPO) that opens for public subscription from September 19 to 23, 2025. The Gurugram-based company, which claims an operational capacity of 3.8 GW in solar photovoltaic (PV) modules, is among India’s fastest-growing…
India’s ambitious IndiaAI Mission is set to take a transformative leap with the establishment of over 500 data labs across the country, aimed at democratizing access to high-quality datasets and accelerating artificial intelligence (AI) innovation. Union Minister for Electronics and IT Ashwini Vaishnaw confirmed the development during the Global IndiaAI Summit 2025 held in New…
In a major relief to manufacturers, importers, and retailers, the Government of India has extended the deadline for declaring revised Maximum Retail Prices (MRPs) on packaged goods till March 31, 2026. The move comes in response to industry concerns over the implementation of GST 2.0, which introduces sweeping tax rate reductions across hundreds of consumer…
India and the United Arab Emirates (UAE) have announced an ambitious plan to double their bilateral trade in non-oil and non-precious metal sectors to $100 billion by 2028. The announcement was made during the 13th India–UAE High-Level Joint Task Force on Investments held in Abu Dhabi, co-chaired by Commerce and Industry Minister Piyush Goyal and…
In a dramatic twist of tech industry fate, Nvidia has announced a $5 billion investment in Intel, marking a historic partnership between two of Silicon Valley’s most iconic chipmakers. The move comes exactly two decades after Intel famously declined a $20 billion acquisition proposal for Nvidia—a decision that now stands as one of the most…
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…
In a strategic move ahead of its upcoming initial public offering (IPO), promoters of GK Energy Ltd have sold a 2.38% stake in the company for ₹64.3 crore through a secondary transaction. The equity transfer, executed on September 11, 2025, involved the sale of 42 lakh shares at ₹153 per share to a mix of…
Global investment management giant BlackRock Inc., through its Indian arm BlackRock Services India Pvt Ltd, has signed a landmark 10-year lease agreement for 1.43 lakh sq ft of premium office space in Bengaluru’s central business district (CBD). The deal, valued at ₹410 crore, marks one of the largest enterprise flexible workspace transactions in India this…
Aquapeya, the Sangli-based FMCG startup featured on Shark Tank India Season 4, has emerged as one of the most inspiring entrepreneurial stories of 2025. Despite facing a potentially devastating trademark lawsuit from beverage giant Bisleri, founders Ravi and Tushar Mundada have bounced back with grit and strategic clarity, closing this fiscal year with ₹12 crore…
Reliance Industries Ltd (RIL), led by Mukesh Ambani, has raised ₹20,000 crore ($2.4 billion) through a landmark issuance of asset-backed securities (ABS), marking one of India’s largest structured finance transactions to date. The deal, finalized in mid-September 2025, was executed through pass-through certificates (PTCs) backed by receivables from Digital Fibre Infrastructure Trust (DFIT), a subsidiary…
Adani Enterprises Ltd (AEL), the flagship incubator of the Adani Group, has formally sought shareholder approval to borrow an additional ₹16,500 crore from its infrastructure wing, Adani Infra (India) Ltd (AIIL), to support its aggressive capital expenditure cycle for FY 2025–26. The request, disclosed via a postal ballot notice, supplements the previously sanctioned ₹6,000 crore…
In a major breakthrough for India’s pharmaceutical infrastructure, the upcoming Bulk Drug Park at Una in Himachal Pradesh has received environmental clearance from the Union Ministry of Environment, Forest and Climate Change (MoEF&CC). This milestone marks a decisive step toward establishing one of the country’s largest integrated facilities for the production of Active Pharmaceutical Ingredients…
In a landmark development for India’s energy infrastructure, Adani Power Ltd. has announced a $3 billion investment to establish a 2,400 MW ultra-supercritical thermal power plant in Pirpainti, Bhagalpur district of Bihar. The project, which will be executed under the Design, Build, Finance, Own, and Operate (DBFOO) model, is set to become one of the…
In a major boost to Karnataka’s renewable energy ambitions, Japan’s Hosoda Holdings has announced an investment of ₹882 crore to establish a solar cell manufacturing unit in the state. The announcement was made by Karnataka’s Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, following a high-level meeting with Hosoda Chairman Nakamura San…
In a bold move to empower its small and medium enterprises (SMEs), India is preparing to overhaul its export policy framework, aiming to unlock global markets and streamline international trade for millions of domestic sellers. The initiative, led by the Directorate General of Foreign Trade (DGFT), comes at a time when global trade dynamics are…
India, the world’s second-largest sugar producer, is poised to resume sugar exports from October 2025, thanks to a robust surge in sugarcane output and an aggressive ethanol blending program. The Indian Sugar and Bio-energy Manufacturers Association (ISMA) has projected an 18% rise in sugar production for the 2025–26 season, creating a surplus that could allow…
Vikram Solar Ltd., one of India’s leading solar PV module manufacturers, has set an ambitious target of achieving 16–18% EBITDA margins for the financial year 2025–26 (FY26), driven by a record-breaking order book and aggressive capacity expansion. The company’s Q1 FY26 performance has already laid a strong foundation, with EBITDA margins touching 21.4%, signaling operational…
In a dramatic shift that has sent ripples across the artificial intelligence industry, Elon Musk’s AI venture xAI has laid off 500 employees from its Grok chatbot development team. The move, announced late Friday night via internal emails, marks a significant restructuring of the company’s data annotation division—previously the largest workforce segment within xAI. The…
