Nothing 60

SEBI Clears Groww’s IPO, Paving Way for One of India’s Biggest Fintech Listings

India’s financial technology sector is witnessing a historic milestone as the Securities and Exchange Board of India (SEBI) has cleared Groww’s Initial Public Offering (IPO), paving the way for what could become one of the country’s biggest fintech listings. The Bengaluru-based investment platform, which has transformed the way Indians invest in mutual funds and equities,…

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Nothing 59

JSW Group Seeks to Strengthen EV Biz with Foray into Auto Parts Manufacturing: Report

The JSW Group, one of India’s largest conglomerates with interests in steel, energy, cement, and infrastructure, is preparing to strengthen its electric vehicle (EV) business by venturing into auto parts manufacturing, according to industry reports. This move is seen as part of JSW’s larger strategy to establish itself as a strong player in India’s evolving…

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Nothing 58

Indri Becomes Top-Selling Single Malt Whisky In India With 20 Lakh Sales

India’s premium whisky market has witnessed a significant milestone as Indri-Trini, India’s triple cask single malt whisky, has emerged as the top-selling single malt in the country, crossing 20 lakh (2 million) sales. This achievement positions Indri as a dominant player in the rapidly expanding Indian luxury spirits segment, reflecting both the rising demand for…

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HDFC Bank shares dip 2% after 1.56 million shares change hands in block deal after bonus adjustment

India’s largest private sector lender, HDFC Bank, witnessed a sharp movement in trading on Wednesday as its shares dipped nearly 2% after around 1.56 million shares changed hands in a block deal. The market reaction followed the bonus share adjustment, which impacted investor sentiment and trading activity. This development comes at a time when the…

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Nothing 56

Adani Portfolio EBITDA Crosses Rs 90,000 Crore For 1st Time

In a landmark achievement, the Adani Group has announced that its consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has crossed ₹90,000 crore for the first time, marking a significant milestone in India’s corporate history. The achievement reflects the diversified conglomerate’s robust performance across sectors including energy, ports, airports, infrastructure, logistics, cement, and renewable…

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Nothing 10 1

IndiGo Co-Founder Rakesh Gangwal to Sell $801 Million Stake, Reduces Holding Below 5% in Strategic Exit

In a landmark divestment move, Rakesh Gangwal, co-founder of India’s largest airline IndiGo, is set to offload a 3.1% stake in InterGlobe Aviation Ltd. through block deals worth approximately ₹7,028 crore ($801 million). The sale will bring Gangwal’s holding down to 4.71%, marking a significant milestone in his phased exit from the airline he co-founded…

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IPO-Bound Tata Capital Expands Retail and SME Lending, Targets Wider Credit Inclusion Across India

Tata Capital Ltd., the financial services arm of the Tata Group, is ramping up its retail and SME lending operations ahead of its highly anticipated initial public offering (IPO), expected to be one of the largest in India’s financial services sector. With a proposed issue size of ₹17,200 crore, the company is positioning itself as…

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Nothing 8 2

Sunil Singhania’s Abakkus Asset Manager Picks Up ₹64 Crore Stake in Edelweiss Financial via Block Deal

In a strategic move that signals renewed investor confidence in India’s financial services sector, Sunil Singhania-led Abakkus Asset Manager Private Ltd. has acquired equity shares worth ₹64 crore in Edelweiss Financial Services Ltd. through a block deal executed on August 26, 2025. The transaction involved the purchase of 64.3 lakh shares at ₹100 apiece, representing…

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Nothing 7 2

Tata Steel Infuses ₹3,104 Crore Into Singapore Subsidiary T Steel Holdings, Strengthens Global Footprint

Tata Steel Ltd., one of India’s largest and most diversified steel producers, has acquired equity shares worth ₹3,104.03 crore in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP), marking a significant step in its global capital deployment strategy. The transaction, completed on August 26, 2025, involved the subscription of 353.23 crore equity…

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BNP Paribas Reshuffles India Portfolio With ₹3,416 Crore Stake Offload Across Zomato, Swiggy, Waaree Energies, Vishal Mega Mart and More

In a sweeping portfolio realignment, BNP Paribas Financial Markets has offloaded stakes worth ₹3,416 crore across a clutch of high-growth Indian companies including Zomato parent Eternal Ltd., Swiggy Ltd., Waaree Energies Ltd., Vishal Mega Mart Ltd., and Hitachi Energy India. The bulk deals, executed on August 26, 2025, reflect the French financial giant’s evolving investment…

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Nothing 5 2

Indian Leather Exporters Pivot to Russian and African Markets Amid 50% US Tariff Shock

India’s leather industry, valued at over $4.1 billion annually, is undergoing a strategic shift as exporters grapple with a steep 50% tariff imposed by the United States on leather and footwear imports. With nearly 20% of India’s leather exports previously destined for the US, the sudden escalation in duties has triggered urgent efforts to diversify…

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Nothing 4 1

Nomura Cuts India’s GDP Forecast to 6% as US Tariffs Threaten Textiles, Gems, and MSMEs

Global financial services firm Nomura has revised India’s GDP growth forecast for FY26 down to 6%, citing the adverse impact of the United States’ 50% tariff on Indian exports. The downgrade comes amid rising concerns over the vulnerability of key sectors such as textiles, gems and jewellery, and micro, small and medium enterprises (MSMEs), which…

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Commerce Ministry Engages Exporters on Diversification Strategy as 50% US Tariffs Take Effect

With the United States imposing a steep 50% tariff on Indian exports starting August 27, 2025, the Commerce Ministry has initiated a series of high-level consultations with industry stakeholders to explore shipment diversification and mitigate the impact on key sectors. The move comes amid mounting pressure on India’s export-driven industries, particularly textiles, gems and jewellery,…

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Micromax’s Bhagwati Products Expands Aggressively with Two Mega Factories in Greater Noida, Eyes Chinese Component JVs

Micromax’s manufacturing arm, Bhagwati Products Ltd, is making a bold move to scale up its electronics manufacturing footprint in India with the announcement of two new mega factories in Greater Noida. Co-founder Rahul Sharma confirmed that the expansion is part of a sweeping strategy to deepen India’s role in the global electronics supply chain, including…

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Adani Group’s Vizhinjam Port Handles 1 Million TEUs in Just 9 Months, Redefines India’s Maritime Landscape

In a landmark achievement for India’s maritime sector, Adani Group’s Vizhinjam International Seaport has handled over 1 million twenty-foot equivalent units (TEUs) within just nine months of commencing commercial operations. Operated by Adani Ports and Special Economic Zone (APSEZ), the deep-water port located in Vizhinjam, Kerala, has exceeded expectations and set new benchmarks in container…

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Nothing 11

IREDA Targets ₹8,200 Crore Revenue in FY26 After Exceeding Previous Year’s Performance

The Indian Renewable Energy Development Agency (IREDA) has set an ambitious revenue target of ₹8,200 crore for the financial year 2025–26 (FY26), marking a 22% increase over its FY25 topline. The announcement was made following the signing of a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on August…

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Nothing 22

Avadhut Sathe Denies Acting as Finfluencer or Giving Stock Tips After SEBI Raid, Says Academy Offers Training Only

Market educator and founder of Avadhut Sathe Trading Academy (ASTA), Avadhut Sathe, has issued a formal response following the Securities and Exchange Board of India’s (SEBI) recent search-and-seizure operation at his Karjat-based training facility. In a statement released on August 25, 2025, Sathe categorically denied allegations of offering stock tips or acting as a financial…

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Nothing 21

India’s Digital Infrastructure Boom: PE Giants to Invest $20–25 Billion by 2030 in Data Centres, AI Cloud, and Fibre Networks

India’s digital infrastructure is entering a transformative phase, with global private equity (PE) giants preparing to invest $20–25 billion by 2030 in next-generation assets including hyperscale data centres, AI-ready cloud campuses, and scalable fibre networks. This aggressive capital deployment follows more than $15 billion already committed since 2020, positioning India as one of the fastest-growing…

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Nothing 20

India’s GDP Growth Slows to 6.7% in April–June Quarter, Set to Ease Further: Reuters Poll Signals Economic Headwinds

India’s economic momentum appears to be cooling, with gross domestic product (GDP) growth likely slowing to 6.7% in the April–June quarter of FY26, according to a Reuters poll of 70 economists conducted between August 18–26. The moderation comes amid subdued private investment, weak industrial activity, and global trade uncertainties, despite a rebound in government capital…

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Nothing 19

US Tariff Shock Hits India Tomorrow: RBI Governor Vows Support, Says “Won’t Be Found Wanting”

India is bracing for a major economic jolt as the United States’ 50% tariff on Indian exports officially takes effect on August 27, 2025. The move, widely seen as a retaliatory measure against India’s continued purchase of Russian crude oil, has triggered concerns across sectors and prompted a strong response from Reserve Bank of India…

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Nothing 18

Suzuki Commits ₹70,000 Crore Investment to Scale Up India Operations Over 5–6 Years, Accelerates EV Push Post Gujarat Project Launch

Japanese auto giant Suzuki Motor Corporation has announced a massive ₹70,000 crore investment plan to expand its operations in India over the next five to six years. The announcement comes on the heels of the company’s electric vehicle (EV) project launch in Gujarat, signaling Suzuki’s intent to deepen its footprint in the world’s third-largest automobile…

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Nothing 17

Tata Motors Shares in Spotlight as NCLT Approves Strategic Restructuring of Commercial and Passenger Vehicle Subsidiaries

Tata Motors Ltd. has received a major regulatory green light for its long-awaited corporate restructuring, with the National Company Law Tribunal (NCLT), Mumbai Bench, officially sanctioning its Composite Scheme of Arrangement involving two key subsidiaries—TML Commercial Vehicles Ltd. (TMCLV) and Tata Motors Passenger Vehicles Ltd. (TMPV). The tribunal’s order, passed on August 25, 2025, marks…

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Nothing 16

‘Incompetent Management With Fat Salaries’: Vijay Kedia Reacts to Viral Investor Outburst at GKB Ophthalmics AGM

A fiery shareholder rant at the annual general meeting (AGM) of microcap firm GKB Ophthalmics Ltd has sparked widespread debate across India’s investor community, drawing a sharp response from ace investor Vijay Kedia. The incident, which unfolded during a virtual AGM, saw a retail investor launch a scathing attack on the company’s management, accusing them…

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Nothing 14

Real Money Gaming Ban Sparks Startup Boom: Snapdeal Cofounder Kunal Bahl Calls It a ‘Cambrian Explosion’ of Innovation

India’s sweeping ban on real-money gaming (RMG) has triggered an unexpected wave of entrepreneurial activity, according to Snapdeal cofounder and Titan Capital partner Kunal Bahl. In a post that quickly gained traction across social media, Bahl described the aftermath of the Online Gaming Bill 2025 as a “Cambrian explosion” of startup formation, with displaced talent…

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RIL AGM This Friday: Mukesh Ambani May Unveil Reliance Jio IPO Amid Regulatory Tailwinds and Investor Buzz

As Reliance Industries Limited (RIL) gears up for its 48th Annual General Meeting (AGM) on Friday, August 29, 2025, anticipation is mounting across Dalal Street and among its 44 lakh shareholders. The spotlight is firmly on Chairman Mukesh Ambani, with speculation swirling around a possible announcement of the long-awaited Initial Public Offering (IPO) of Reliance…

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India’s Petroleum Products Export Falls 16% to $12.3 Billion in Apr–Jul Amid EU Sanctions and Global Headwinds

India’s petroleum product exports declined 16% year-on-year to $12.3 billion in the first four months of FY26 (April–July), down from $14.7 billion in the same period last year, according to data released by the Petroleum Planning and Analysis Cell (PPAC). The drop comes despite stable export volumes, indicating a sharp fall in global prices and…

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Nothing 2025 08 25T104421.106

Amanta Healthcare to Launch IPO on September 1 with Trimmed Offer Size and Expansion-Focused Strategy

Ahmedabad-based parenteral products manufacturer Amanta Healthcare is set to make its debut on Dalal Street with a fresh-issue Initial Public Offering (IPO) on September 1, 2025. The company has revised its offer size downward, opting for a more calibrated capital raise while maintaining its original expansion objectives. The IPO will be open for subscription until…

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India’s Outbound Investments Jump 67% in FY25, Fueled by ESG Priorities, GIFT City Expansion, and Global Tax Realignments

India’s outbound investments surged by 67.74% in FY2024–25, reaching a record $41.6 billion, up from $24.8 billion in the previous fiscal year, according to EY’s latest report titled “India Abroad: Navigating the Global Landscape for Overseas Investment – 2025”. The sharp rise reflects a strategic pivot by Indian companies toward diversification, sustainability, and global competitiveness,…

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Shankar Sharma Calls Indian Derivatives Market a ‘Complete Scam’, Endorses Shift to US Options Trading

Veteran investor Shankar Sharma has ignited a fierce debate in India’s financial circles by calling the Indian derivatives market a “complete scam,” citing ultra-high trading costs and systemic inefficiencies that disproportionately hurt retail traders. In a post on X (formerly Twitter), Sharma backed options trader Ananda Sarkar’s decision to move capital to the US markets,…

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Centre’s ₹70,000-Crore Maritime Investment Plan Targets Shipbuilding and Port Infrastructure Revival

In a bold move to elevate India’s maritime capabilities, the Central government is preparing to launch a ₹70,000-crore financial package aimed at boosting shipbuilding, ship repair, and port infrastructure across the country. The initiative, which is expected to receive Union Cabinet approval by mid-September 2025, is part of a long-term strategy to position India among…

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Nothing 74

How Lord Swraj Paul’s Hostile Takeover Attempt Sparked the Birth of India’s ‘Bombay Club’

In the early 1980s, a seismic tremor shook India’s corporate corridors—not from within, but from thousands of miles away in London. UK-based industrialist Lord Swraj Paul, chairman of Caparo Group, launched one of India’s first hostile takeover attempts, targeting Escorts Ltd and DCM Ltd. His aggressive bid to gain control of these family-run firms exposed…

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Nothing 73 1

India’s Non-Smartphone Electronics Exports Hit $14 Billion in FY25, Marking Strategic Shift in Tech Manufacturing

India’s electronics export sector has reached a major milestone in FY25, with non-smartphone electronics shipments crossing $14 billion, according to the Electronics and Computer Software Export Promotion Council (ESC). This surge represents a 32.47% year-on-year growth in total electronics exports, which now stand at $38.57 billion. While smartphones continue to lead the charge, the real…

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Nothing 72 1

Bengaluru Founder Silences American Businessman Who Mocked India’s Talent: “Has a Single Indian Achieved Anything?” Sparks Global Backlash

A social media storm erupted this week after American businessman and far-right blogger Charles Haywood posted a controversial remark on X (formerly Twitter), questioning India’s contributions to global progress. His post, which read, “Has a single (subcontinent) Indian ever accomplished anything of truly major note in the modern period, in any field? I can’t think…

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Nothing 71 1

Sam Altman Confirms India Visit Next Month, Says “We Are Excited to Invest in India” as OpenAI Expands Local Presence

OpenAI CEO Sam Altman has officially announced plans to visit India next month, reinforcing the company’s commitment to deepen its footprint in one of the fastest-growing AI markets globally. The visit comes as OpenAI prepares to open its first India office in New Delhi later this year, marking a strategic milestone in its global expansion…

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Nothing 70

Holtec Plans to Build 200 SMR Nuclear Reactors in India, CEO Kris Singh Confirms Strategic Expansion

In a bold move that could redefine India’s energy landscape, Holtec International, a leading US-based nuclear technology firm, has announced plans to build 200 Small Modular Reactors (SMRs) across India. The announcement was made by Holtec’s founder and CEO Dr. Kris Singh, who emphasized that India’s energy needs and infrastructure challenges make it an ideal…

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Nothing 69

GST Reforms May Ease Inflation, But RBI Unlikely to Cut Rates Hastily, Says MPC Member Saugata Bhattacharya

The Reserve Bank of India (RBI) is unlikely to initiate an immediate rate-cutting cycle despite the inflation-cooling potential of the government’s proposed GST reforms, according to Saugata Bhattacharya, external member of the Monetary Policy Committee (MPC). Speaking in an interview following the August policy meeting, Bhattacharya emphasized that the central bank will adopt a cautious,…

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Nothing 67

Kokilaben Ambani, Mother of Mukesh and Anil Ambani, Admitted to HN Reliance Hospital in Mumbai Following Medical Emergency

Kokilaben Dhirubhai Ambani, the 91-year-old matriarch of India’s most influential business family, was admitted to HN Reliance Foundation Hospital in South Mumbai on Friday morning after being airlifted from her residence. The sudden hospitalization has sparked widespread concern, with members of the Ambani family—including Mukesh Ambani, Nita Ambani, Anil Ambani, and Tina Ambani—rushing to the…

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Nothing 66

Penny Stocks Scam: SEBI Raids Pune Finfluencer Avadhut Sathe’s Trading Academy Amid Market Misguidance Allegations

In a sweeping crackdown on unregistered market educators, the Securities and Exchange Board of India (SEBI) has raided the Karjat-based trading academy of Pune-based finfluencer Avadhut Sathe, who commands a massive following of over 9 lakh YouTube subscribers. The two-day search-and-seizure operation, conducted on August 20–21, marks one of SEBI’s most high-profile enforcement actions against…

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Nothing 65

OpenAI Sets Up India Unit, Begins Local Hiring as ChatGPT Adoption Surges

OpenAI, the creator of ChatGPT and a global leader in artificial intelligence, has officially established its India entity and is preparing to open its first office in New Delhi later this year. The move marks a significant milestone in OpenAI’s global expansion strategy and underscores India’s emergence as a key market for AI innovation, talent,…

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Nothing 64

Hindalco’s ₹18,000 Crore Capex in FY25 Marks Decade-High Investment, KM Birla Reaffirms $10 Billion Global Expansion Plan

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, has recorded its highest annual capital expenditure in nearly a decade, investing ₹18,000 crore in FY25. Chairman Kumar Mangalam Birla confirmed the milestone during the company’s 66th Annual General Meeting held on August 21, 2025, while reaffirming Hindalco’s ambitious $10 billion global investment roadmap…

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Nothing 63

Anondita Medicare IPO Opens August 22: Condom Maker’s Shares Command ₹58 Grey Market Premium, Eyes ₹69.5 Crore Raise

Anondita Medicare Ltd, a Noida-based manufacturer of male and female condoms under the flagship brand “COBRA,” has opened its Initial Public Offering (IPO) for public subscription on August 22, 2025. The IPO, which will close on August 26, is already generating strong buzz in the grey market, where its shares are commanding a premium of…

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Nothing 62

Raymond Shifts Gears: Auto and Defence Emerge as New Growth Engines, Says Nirmal Bang

Raymond Ltd, a name long synonymous with India’s textile and lifestyle legacy, is undergoing a strategic transformation that could redefine its future. According to brokerage firm Nirmal Bang Institutional Equities, the company has decisively pivoted away from its traditional businesses to focus on high-potential engineering verticals—specifically auto components and aerospace & defence. These sectors, now…

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Nothing 10

RBI Governor Says India’s Growth Is Resilient Amid Global Uncertainty, MPC Minutes Highlight Inflation Moderation and Rural Strength

India’s economic growth remains resilient despite a persistently uncertain global environment, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. In the latest Monetary Policy Committee (MPC) minutes released after the August 4–6 meeting, Malhotra emphasized that the domestic economy is broadly tracking the central bank’s projections, with a growth rate of 6.5% for…

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Economist Richard Rossow Says NDA 3.0 Has Been ‘Relatively Quiet’ on Reforms, Calls for Urgent Policy Acceleration

Richard Rossow, Senior Adviser and Chair on India and Emerging Asia Economics at the Center for Strategic and International Studies (CSIS), has raised concerns over the pace of economic reforms under the third term of the National Democratic Alliance (NDA) government. In a recent interview, Rossow remarked that “NDA 3.0 has been relatively quiet on…

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Nothing 8 1

Sovereign Upgrade, Index Flows, and GST Reform Create Bullish Backdrop for India’s Bond Market: Chirag Doshi, LGT Wealth India

India’s bond market is entering a new phase of optimism, buoyed by a rare confluence of macroeconomic tailwinds. According to Chirag Doshi, CIO–Fixed Income at LGT Wealth India, the recent sovereign credit rating upgrade by S&P Global, anticipated inclusion of Indian bonds in global indices, and the government’s push for GST reform are collectively creating…

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L&T Chairman ‘Fairly Positive’ on India’s Infrastructure Outlook, Calls for More Push on Freight Corridors and State-Led Projects

Larsen & Toubro (L&T) Chairman and Managing Director S N Subrahmanyan has expressed optimism about India’s infrastructure trajectory, citing central government-led capital projects as the primary growth driver. In a recent interview, Subrahmanyan said he feels “fairly positive” about the pace and scale of ongoing developments, while urging for “a little more push” on high-speed…

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Nothing 6 1

Equirus Eyes IPO in 12–18 Months, Focuses on Scaling Wealth Management and NBFC Operations

Equirus Capital, one of India’s fastest-growing financial services platforms, is gearing up for a public listing within the next 12 to 18 months. Founder and Managing Director Ajay Garg confirmed the company’s IPO roadmap while emphasizing that the immediate priority remains scaling its wealth management business and stabilizing its newly launched NBFC unit. In a…

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Buy Defence Stocks on Dips, Private Banks May Accelerate in FY27: Rajesh Bhatia’s Strategic Outlook

Amid a volatile equity landscape and cautious investor sentiment, Rajesh Bhatia, Chief Investment Officer of ITI Mutual Fund, has offered a nuanced view on sectoral opportunities for long-term investors. In a recent interview, Bhatia emphasized the structural strength of India’s defence sector and advised accumulating quality defence stocks during market corrections. He also expressed optimism…

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Nothing 4

Vijay Kedia-Backed SME Stock Surges 16% in 2 Days as Subsidiary Targets Nasdaq IPO

A Vijay Kedia-owned SME stock has taken the spotlight on Dalal Street, rallying 16% in just two trading sessions after reports confirmed that its US-based subsidiary is preparing for a Nasdaq listing. The stock, which trades on the BSE SME platform, saw a surge in volumes and investor interest following the announcement, with analysts citing…

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