The Government of India has announced a major disinvestment move in Bharat Heavy Electricals Limited (BHEL), with plans to offload up to 5% stake through an Offer for Sale (OFS). The sale, conducted by the Ministry of Heavy Industries, is expected to raise approximately ₹4,422 crore if fully subscribed. The OFS opened on February 11,…
Titan Company Ltd, part of the Tata Group, has reported a 61% year-on-year (YoY) surge in consolidated net profit to ₹1,684 crore for the October–December quarter of FY26. The company’s revenue from operations also rose 43% YoY to ₹25,416 crore, driven by strong festive demand, elevated gold prices, and robust performance across jewellery and consumer…
Global investment firm Morgan Stanley has identified artificial intelligence (AI) as the most underappreciated vertical within Reliance Industries Ltd (RIL), calling it a potential game-changer for the conglomerate’s long-term growth. While Reliance is widely recognized for its dominance in energy, telecom, and retail, Morgan Stanley argues that its AI investments could reshape the company’s equity…
India’s oldest stock exchange, BSE Ltd, has reported stellar financial performance for the December quarter of FY26, with consolidated profit after tax (PAT) surging 174% year-on-year (YoY) to Rs 602 crore, compared to Rs 220 crore in the same period last year. Revenue from operations also jumped 62% YoY to Rs 1,244 crore, driven by…
The National Company Law Tribunal (NCLT) has approved the merger of Sanghi Industries Ltd. with Ambuja Cements Ltd., a company owned by the Adani Group, marking a significant consolidation in India’s cement sector. This merger is expected to strengthen Ambuja’s market presence, expand production capacity, and enhance its footprint in western India, particularly Gujarat, where…
Indian food delivery startup Swish is reportedly in advanced discussions to raise $30–35 million in fresh funding from global investors Bain Capital Ventures and Accel Partners, according to sources familiar with the matter. The funding round, if finalized, would mark a significant milestone for the young company, which has quickly gained traction in India’s competitive…
Indian equity markets are poised for a strong comeback in 2026, according to Sandeep Tandon, Founder and CIO of Quant Mutual Fund. After enduring a period of extreme negativity, foreign investor selling pressure, and rupee volatility, Tandon believes the worst is behind Indian markets. He predicts that India will outperform global peers this year, driven…
The Enforcement Directorate (ED) has intensified its investigation into alleged financial irregularities involving industrialist Anil Ambani, forming a Special Investigation Team (SIT) to probe the matter. In a significant development, the ED has also summoned Ambani’s wife, Tina Ambani, for questioning, signaling that the probe is widening to cover family members and associated entities. Key…
India and the United States are set to finalize a landmark interim trade agreement by March 2026, with tariffs on Indian exports to the US expected to drop from nearly 50% to 18% starting next week, according to Union Commerce Minister Piyush Goyal. The deal marks a significant reset in bilateral trade relations, aiming to…
India has announced a major policy boost for deep tech startups, extending the duration of benefits under the Startup India initiative from 10 years to 20 years and raising the revenue eligibility cap from Rs. 250 crore to Rs. 3 billion. This landmark decision is expected to accelerate innovation in artificial intelligence (AI), quantum computing,…
