In a major development that’s grabbing investor attention, JSW Cement is all set to open its highly anticipated initial public offering (IPO) on August 7, with a total issue size of ₹3,600 crore. The IPO will include a fresh issue of ₹2,000 crore and an offer for sale (OFS) of ₹1,600 crore by existing shareholders….
The eagerly awaited initial public offering (IPO) of the National Securities Depository Limited (NSDL) has become the talk of Dalal Street, with an oversubscription of 41 times, indicating overwhelming investor interest across all categories. With the grey market premium (GMP) floating around 15%, analysts and investors alike are watching closely for NSDL’s listing day fireworks….
In a compelling conversation between Silicon Valley venture capitalist Vinod Khosla and Zerodha co-founder Nikhil Kamath, the billionaire investor stated that the current AI bubble—despite showing signs of hype and overvaluation—will ultimately generate more economic value than it destroys. The remarks, made during an interview on Kamath’s platform, reflect Khosla’s enduring optimism about the long-term…
In a move seen as a strategic balancing act between domestic supply management and trade commitments, India has officially notified a sugar export quota of 5,841 tonnes to the European Union (EU) under the CXL concessions for the 2025-26 quota year. The announcement, made by the Directorate General of Foreign Trade (DGFT), allows selected exporters…
India’s energy economy is staring at a potential fiscal jolt, with estimates suggesting an additional $9 to $11 billion surge in oil import bills for FY26. The cause? A sharp drop in Russian crude oil supplies, driven by geopolitical tensions and reinforced by statements from former U.S. President Donald Trump suggesting “penalty tariffs or consequences”…
In a bold move to diversify its business portfolio and tap into India’s growing affordable footwear market, Kothari Industrial Corporation Limited (KICL) has officially announced the acquisition of Zodiz Footwear and Jeetlo Shoes, two established names in the Indian mass footwear segment. This strategic acquisition marks Kothari’s ambitious entry into the value-oriented fashion and consumer…
In a spectacular debut, Sri Lotus Developers has made waves in the Indian real estate sector with its Initial Public Offering (IPO) being oversubscribed by an astounding 74 times, setting a new benchmark in investor enthusiasm and market sentiment. The overwhelming response has not only positioned Sri Lotus Developers as a rising star in the…
In a remarkable display of executive earnings in India’s tech landscape, HCLTech CEO C Vijayakumar has emerged as the highest-paid top executive among India’s IT giants, earning a total compensation of $10.85 million (₹90 crore approx) in the fiscal year 2024–25 (FY25). This surpasses the earnings of the CEOs of India’s largest IT firms, TCS…
In a bold forecast about the future of work, Perplexity AI’s CEO Aravind Srinivas has stated that AI browsers like Perplexity will completely automate two major job roles across every office in the world. As artificial intelligence continues to reshape the digital landscape, Srinivas’ remarks underscore a rapidly shifting work environment where traditional roles are…
Amid renewed discussions over Indo-US trade ties, a nuanced view has emerged from Sunil Subramaniam, a prominent market strategist and managing director of Sundaram Mutual. He asserts that while India can consider a calibrated three-part trade deal with the United States, a complete elimination of tariffs on American exports is neither feasible nor strategically advisable…
In a recent economic evaluation, SBI Research has flagged former US President Donald Trump’s tariff strategy as potentially more damaging to the United States than to India. According to the research unit of India’s largest lender, the imposition of steep 25% tariffs on Indian imports to the US is poised to generate higher inflationary pressures…
Delhivery Limited, one of India’s leading logistics and supply chain services providers, has reported a robust financial performance for the first quarter of FY2025-26. The company posted a 67% year-on-year increase in consolidated net profit, reaching ₹54.4 crore in Q1 FY26, compared to ₹32.5 crore in the corresponding quarter last year. Revenue from operations also…
India’s growing emphasis on economic resilience and strategic autonomy has sparked a major policy shift aimed at rebalancing its trade equation with China. While Beijing continues to be New Delhi’s largest source of imports, the Indian government, industry stakeholders, and policy planners are increasingly focused on reducing this dependence by diversifying import sources, ramping up…
The M&B Engineering IPO closed its final day on a strong note, having been subscribed more than 3.5 times on Day 3, reflecting robust investor interest across retail and non-institutional categories. This impressive traction highlights growing optimism around the company’s fundamentals, future growth prospects, and its solid presence in the infrastructure and steel fabrication domain….
In a strong opening to its public market debut, Flysbs Aviation’s SME IPO garnered significant investor interest, with 50% of the issue subscribed by midday on Day 1, reflecting a robust appetite from retail participants. Meanwhile, the grey market premium (GMP) surged to ₹195, indicating a potential 87% listing gain over the IPO’s upper price…
Swiggy, one of India’s largest food delivery and quick commerce platforms, released its financial results for the first quarter of FY26, and the figures paint a picture of aggressive growth met with equally sharp financial challenges. The company recorded a robust 54% year-on-year jump in operating revenue, rising to ₹4,961 crore in Q1 FY26 from…
Digital payments major MobiKwik has reported a significant financial setback in the first quarter of FY26, with a 20% decline in revenue year-on-year and a more than six-fold spike in net losses. The Gurugram-based fintech firm disclosed that its total revenue fell to ₹271.4 crore in Q1FY26, compared to ₹345.8 crore in the same quarter…
Reliance Industries Ltd (RIL), India’s largest conglomerate, is reportedly in advanced-stage negotiations to lead a $50 million funding round in Digantara, a Bengaluru-based spacetech startup known for its innovative space situational awareness (SSA) technology. The proposed investment underscores Reliance’s expanding ambitions beyond traditional energy and telecom into the fast-growing new space economy, positioning itself as…
Zen Technologies Ltd, a Hyderabad-based defense technology firm specializing in combat training solutions and simulators, has seen its stock tumble nearly 20% over the last five trading sessions. The sharp correction has caught the attention of both retail and institutional investors, prompting concern about the future trajectory of the stock that had been on a…
Brigade Hotel Ventures Ltd, a subsidiary of the Bengaluru-based Brigade Group, is all set to open its initial public offering (IPO) on Thursday. The public issue has garnered significant attention in financial circles, not only due to the company’s background in the thriving Indian hospitality sector but also because of its association with the Brigade…
Shares of Varun Beverages Ltd (VBL), one of India’s largest beverage bottlers and a key PepsiCo franchisee, have lost momentum recently, raising concerns among investors. Despite a strong fundamental business model and a history of robust earnings, the stock has faced notable headwinds in recent trading sessions, shedding nearly 12% over the past month and…
In a landmark move set to redefine the digital infrastructure landscape in Asia, tech giant Google is reportedly investing a staggering $6 billion in India to build what could become the largest data centre project in the continent. The investment signals Google’s growing confidence in India’s digital economy, cloud infrastructure potential, and long-term strategic value…
In a significant development that could shape the future of India’s most storied business conglomerate, Tata Trusts has reportedly urged Tata Sons to remain a privately held company while working on a solution to provide an exit route to the Shapoorji Pallonji (SP) Group, its largest minority shareholder. The move comes amid rising speculation over…
In a strategic move that underscores its aggressive focus on the Indian market, Schneider Electric has announced its plan to acquire Singapore-based Temasek Holdings’ 35% stake in its Indian joint venture for a staggering €5.5 billion. The deal, when completed, will give Schneider Electric complete ownership and control over its operations in one of its…
In a major boost to investor confidence, Allied Blenders and Distillers Ltd (ABD) reported an impressive financial performance for the first quarter of FY25, with a fourfold rise in net profit to ₹55 crore and a consolidated revenue of ₹1,776 crore. This stellar showing marks the company’s first earnings release post its much-anticipated IPO, and…
In an era where traditional career paths are often perceived as the safest bet, one visionary entrepreneur chose to walk away from two of the world’s most coveted institutions—Harvard University and McKinsey & Company—to pursue a startup dream. Today, that audacious leap of faith has culminated in a fintech app valued at a staggering $2.4…
In a bold and strategic move ahead of Lenskart’s much-anticipated Initial Public Offering (IPO), founder and CEO Peyush Bansal has reportedly repurchased a significant portion of company shares at a steep discount. The share buyback has garnered widespread attention not only due to its timing but also because of the potential implications it may have…
Piramal Pharma Ltd. (PPL), a key player in India’s pharmaceutical and healthcare industry, reported a consolidated net loss of Rs 82 crore in the quarter ended June 2025, a marked improvement from a net loss of Rs 131 crore in the corresponding quarter of the previous financial year. The narrowing of losses comes on the…
India’s finished steel imports for the April–June quarter of FY25 witnessed a significant contraction of nearly 30% year-on-year, primarily driven by a sharp fall in shipments from top suppliers including China and Japan. According to preliminary industry data, this decline marks one of the sharpest drops in quarterly steel imports in recent years, reflecting both…
In a strategic reshuffle that underscores its readiness for a much-anticipated IPO, India’s leading omnichannel eyewear brand Lenskart has announced significant changes to its board of directors. SoftBank India head Sumer Juneja has stepped down from the board, making way for two seasoned entrepreneurs — Ashish Kashyap, founder of IndWealth, and Prashanth Karanjkar, co-founder of…
In a significant move to expand its global footprint and deepen its presence in the automation and intelligent building solutions sector, Amber Enterprises India Ltd announced the acquisition of Israel-based Unitronics for ₹404 crore (approximately $48.3 million). The announcement sent Amber Enterprises’ shares up by 2% in early trade on the Bombay Stock Exchange, reflecting…
In a move that has electrified global semiconductor markets, Samsung Electronics has reportedly signed a highly confidential chip-supply agreement worth $16.5 billion. The undisclosed deal — believed to be one of the largest in recent history — triggered a significant rally in Samsung shares, pushing the stock to its highest level in over four weeks….
Laurus Labs Ltd witnessed a sharp 7% rise in its share price on the stock exchanges after the pharmaceutical major posted strong Q1 FY26 earnings and confirmed that the Andhra Pradesh government has allotted over 500 acres of land to the company for expansion. This twin announcement has invigorated investor sentiment and positioned the Hyderabad-based…
In a significant career move that underscores the growing intersections between technology, retail, and finance, Flipkart’s Vice President Smrithi Ravichandran is reportedly set to join the prominent private equity firm Multiples. This development marks a pivotal transition for one of India’s most accomplished e-commerce leaders and reflects the broader talent migration from tech-driven consumer companies…
In a significant advisory amid ongoing global trade negotiations, the Global Trade Research Initiative (GTRI) has urged India to exercise greater caution while dealing with potential trade agreements with the United States. According to the think tank, India must take a strategic cue from countries like Vietnam and Japan, which seek explicit written assurances from…
In what is shaping up to be one of the most anticipated initial public offerings of 2025, National Securities Depository Limited (NSDL) is set to open its IPO on July 30, and grey market premium (GMP) trends indicate heightened investor enthusiasm. As India’s largest depository by active demat accounts, NSDL’s IPO launch comes at a…
CarTrade Tech, India’s prominent online auto classifieds and mobility services platform, has announced its consolidated financial results for the first quarter of fiscal year 2025-26 (Q1 FY26), revealing a notable surge in net profit and a stable operational performance driven by strong digital adoption, increased vehicle transactions, and a diversified revenue model. The company posted…
In a significant development in the long-running Adjusted Gross Revenue (AGR) case, the Department of Telecommunications (DoT) has issued a fresh demand notice of ₹7,827 crore to Tata Communications, seeking payment of dues under the expanded definition of AGR as upheld by the Supreme Court in 2019. The demand has sparked a fresh legal and…
In a remarkable feat for the Indian real estate sector, County Group has successfully sold 500 luxury flats in its Ghaziabad residential project, raking in a staggering ₹1,600 crore. The announcement has sent ripples across NCR’s property market, highlighting a renewed demand for premium housing in Tier-I suburban cities like Ghaziabad. The sale, seen as…
In a significant advancement in the practical application of artificial intelligence, Perplexity AI has launched a new capability within its cutting-edge AI agent, Comet, allowing users to order food through conversational prompts. CEO Aravind Srinivas unveiled the development in an exclusive statement, asserting that the move will redefine how people interact with commerce platforms using…
In a bold strategic shift signaling a new era for one of the world’s largest semiconductor companies, Intel Corporation has announced the separation of its networking unit as part of a broader overhaul led by its newly appointed Chief Executive Officer, Frank Tan. The move comes amid intensifying global competition in chipmaking and growing investor…
India’s economic engine is expected to continue powering ahead in FY26, with Swiss financial services major UBS projecting a real GDP growth rate of 6.0% to 6.5%, driven primarily by robust domestic demand, ongoing infrastructure push, and a resilient services sector. Despite global headwinds, India’s economic fundamentals remain solid, making it one of the most…
In a significant development that signals a robust shift towards deep-tech manufacturing in India, Thiruvananthapuram-based semiconductor startup Netrasemi has successfully raised ₹107 crore in funding from marquee investors including Zoho Corporation and Unicorn India Ventures. This funding round, among the largest for a fabless semiconductor startup from Kerala, positions Netrasemi at the forefront of India’s…
Bengaluru-based real estate developer Sobha Ltd has posted a stellar performance for the first quarter of FY25, registering a significant growth in its consolidated net profit and revenue. The company reported a net profit of ₹13.61 crore for the April–June quarter, more than double the ₹6.14 crore it earned in the same quarter last year….
India’s private sector economy continued its upward trajectory in July, fueled by a resurgent manufacturing sector that posted its strongest performance in over 17 years. According to the latest survey data, the Manufacturing Purchasing Managers’ Index (PMI) rose sharply, signaling the sector’s robust expansion amid sustained domestic demand, growing output, and new business inflows. The…
The Indian stock market may be heading towards a historic high as brokerage house Ventura Securities has projected the benchmark Sensex to touch 115,836 by FY28, driven by a robust corporate earnings cycle, strong GDP growth outlook, and the sustained thrust on infrastructure, manufacturing, and financial inclusion. This implies a compounded annual growth rate (CAGR)…
Shares of Cigniti Technologies Ltd, a prominent digital assurance and quality engineering services provider, surged into market focus on Friday following a significant institutional investment. Global investment firm Morgan Stanley acquired shares worth ₹26 crore through a block deal, fueling market enthusiasm and raising investor confidence in the company’s mid-to-long-term growth prospects. The transaction, executed…
In a remarkable display of investor enthusiasm, GNG Electronics’ Initial Public Offering (IPO) has witnessed an astonishing subscription of 146 times on the third and final day of bidding. The overwhelming demand signals strong market sentiment toward the electronics manufacturing sector and an aggressive appetite for small and medium enterprise (SME) offerings. The IPO, which…
In a significant stride towards indigenous defence and maritime capability, Bharat Earth Movers Limited (BEML) and Hindustan Shipyard Limited (HSL) have officially joined hands to co-develop and manufacture advanced marine systems. This strategic alliance aims to strengthen India’s self-reliance in maritime defence technologies and aligns with the broader goals of Atmanirbhar Bharat in the defence…
The global steel industry is witnessing an unprecedented paradox: while steel production is outpacing demand, countries across the world continue to expand capacity. This oversupply, driven by a mix of strategic policy decisions, economic stimulus packages, and geopolitical ambitions, has triggered price volatility, trade tensions, and environmental concerns. Yet, despite clear warning signs, no major…
