German Green Steel and Power Ltd., a Gujarat-based manufacturer with a strong footprint in sustainable steel production and green power generation, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) worth ₹450 crore. The upcoming IPO marks a pivotal moment…
As India surges ahead in the global data economy, Anant Raj Ltd, a prominent Delhi-based real estate and infrastructure developer, has announced a $2 billion (₹18 000 crore) investment to scale its data centre operations in Haryana. With one facility already live, the company now aims to build three cutting-edge centres totalling 300 MW capacity by 2032, positioning…
The Adani Group has emerged as India’s fastest-growing brand in 2025, driven by its aggressive focus on renewable energy, infrastructure expansion, and global acquisitions, according to the latest Brand Finance India 100 report released on June 30. The conglomerate, led by billionaire Gautam Adani, recorded a brand value growth of 52% year-on-year, surpassing other major…
Godrej Properties Ltd (GPL), India’s leading listed real estate developer, announced on Monday, June 30, that it has acquired a land parcel in Haryana’s Sonipat district to develop a township project with an estimated revenue potential of ₹1,250 crore. This marks the company’s strategic push to expand its presence in the National Capital Region (NCR)…
In a development that has sparked global curiosity and debates around sovereignty, innovation, and utopia-building, Indian-American investor and entrepreneur Nithin Reddy has reportedly purchased an island in the South Pacific with an ambitious vision to build a “new country” exclusively for founders, engineers, scientists, and tech professionals. The announcement came via a social media post…
Mumbai’s property market recorded 11,521 property registrations in June 2025, marking a 1% year-on-year dip from the same month last year, according to data released by the Maharashtra Inspector General of Registration (IGR) on Monday. Despite the slight decline in registrations, state revenue collections rose by 5% to ₹956 crore in June, driven by higher…
Shares of Raymond Ltd, the diversified Indian conglomerate, surged by 12.01% to hit ₹699.10 on the NSE on Monday, June 30, 2025, marking their biggest single-day gain in over five months. The rally comes just a day ahead of the scheduled listing of Raymond Realty, the demerged real estate arm of the group, on July…
As India marks the eighth anniversary of the Goods and Services Tax (GST) rollout on July 1, 2025, the country’s most ambitious tax reform has crossed a monumental milestone — over ₹20 lakh crore in cumulative collections. Introduced on July 1, 2017, GST aimed to unify India’s fragmented indirect tax structure into a single, streamlined…
Shares of Black Box Ltd, a leading IT solutions and infrastructure services company, hit the 5% upper circuit at ₹581.80 on NSE on Monday, June 30, 2025, after brokerage firm JM Financial initiated coverage with a ‘buy’ rating and a target price of ₹670, implying a further 15% upside from current levels. The stock has…
India’s primary market is buzzing with activity as seven Initial Public Offerings (IPOs) open for subscription and 19 IPO listings are scheduled to hit the stock exchanges during the first week of July 2025. Market analysts believe this is one of the busiest IPO weeks of the year, reflecting high investor appetite and optimism in…
Shares of ITI Ltd surged and locked in a 5% upper circuit at ₹323.80 on the NSE on Monday, June 30, 2025, after the company announced that it has received a work order worth ₹1,901 crore from Bharat Sanchar Nigam Ltd (BSNL) under the ambitious BharatNet Phase-II project. The announcement marks a significant development in…
The Initial Public Offering (IPO) of Kalpataru Projects International Ltd (formerly Kalpataru Power Transmission Ltd), one of India’s leading EPC (Engineering, Procurement and Construction) companies, has generated significant investor interest, with the spotlight now shifting to the listing day. The stock is scheduled to list on the NSE and BSE on July 2, 2025, and…
RattanIndia Power Ltd (RPL) shares continued their stellar run, rising 11% in Monday’s trade to close at ₹9.95 on the NSE, taking total gains to 35% for June 2025. The rally has been fuelled by expectations of debt restructuring resolution, operational turnaround, and strategic investor interest in India’s stressed thermal power sector. Key Highlights ✅…
Hindustan Zinc Limited (HZL), India’s largest integrated zinc producer, has contributed a whopping ₹87,000 crore to the national exchequer over the past five years, including ₹18,963 crore in FY25 alone, according to its latest corporate social responsibility and financial disclosures released on Monday. The company, a subsidiary of Vedanta Ltd, plays a pivotal role in…
The lenders of Jaiprakash Associates Ltd (JAL) are scheduled to meet on July 1, 2025, to evaluate the bids received from major conglomerates including Adani Group, Vedanta Group, and Jindal Group for its stressed cement and infrastructure assets. The meeting comes amid the company’s ongoing efforts to resolve its large debt burden under the Reserve…
Reliance Power (RPower) shares have been on a strong upward trajectory over the past week, rising 13% in just 5 trading sessions, driven by a combination of debt restructuring optimism, group-level capital infusion expectations, and technical buying momentum. The stock closed at ₹31.20 on Monday, gaining nearly 3% intraday on the NSE. Key Highlights ✅…
Foreign Portfolio Investors (FPIs) continued their selling streak in Indian government securities (G-Secs) in June, offloading ₹4,994 crore worth of bonds during the month, according to data released by NSDL and Clearing Corporation of India Ltd (CCIL). This marks the third consecutive month of net outflows from Indian debt markets, raising concerns over bond market…
In a major boost to India’s banking and infrastructure sectors, global rating agency Moody’s Investors Service has stated that the Reserve Bank of India’s (RBI) recent relaxation of infrastructure lending norms will support higher loan growth, reduce funding constraints for large projects, and strengthen economic growth momentum. Key Highlights ✅ RBI amends infrastructure lending norms…
In a major strategic move to expand its agricultural export base, India is targeting Southeast Asian nations including Vietnam, Indonesia, and the Philippines to increase basmati rice exports. This initiative comes amid efforts by the Commerce Ministry and Agricultural & Processed Food Products Export Development Authority (APEDA) to diversify export markets, ensuring higher farmer incomes…
India’s industrial sector showed signs of slowing momentum as the Index of Industrial Production (IIP) growth fell sharply to just 1.2% in May 2025, marking its weakest performance since August 2024. The latest data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday reflects broad-based deceleration in manufacturing and electricity output, raising…
In a positive development reflecting improved government finances, India’s fiscal deficit for the first two months of FY26 (April-May 2025) stood at Rs 13,163 crore, amounting to only 0.8% of the full-year budget estimate. This marks a significant narrowing compared to the same period last year, driven by higher revenue collections and disciplined expenditure management….
NLC India Ltd. (NLCIL) has secured a crucial Letter of Award (LoA) from NTPC Ltd. to develop a 450 MW Inter‑State Transmission System (ISTS)‑connected wind‑solar hybrid power project—set to redefine renewable energy generation frameworks in India . The project, featuring 300 MW in Bikaner, Rajasthan, and 150 MW in Bhuj, Gujarat, will supply clean energy to NTPC for…
Reliance Industries Ltd (RIL) has officially announced the appointment of Anant Ambani, youngest son of Mukesh Ambani, as Executive Director, marking a historic milestone in the company’s succession plan. Under this role, Anant will draw an annual salary ranging from ₹10 crore to ₹20 crore, along with a profit-linked commission and other executive perks, highlighting…
Legendary investor Warren Buffett, chairman and CEO of Berkshire Hathaway, has once again made headlines worldwide by unveiling key details of his will while continuing his monumental commitment to philanthropy. At the age of 94, Buffett has donated another $6 billion worth of Berkshire Hathaway shares this week, pushing his total lifetime giving to over…
In a major push to Odisha’s industrial and maritime infrastructure, Adani Group Chairman Gautam Adani met with Chief Minister Mohan Charan Majhi in Bhubaneswar on June 29, 2025, to discuss a ₹16,554 crore investment package. The high-level meeting focused on the expansion of Gopalpur Port, development of green and renewable energy projects, and the establishment…
Pavan Industries Ltd, a prominent player in India’s automotive components sector, has announced that its Board of Directors will meet on July 2, 2025, to deliberate a stock split proposal and potential changes in the company’s authorized share capital. The move is aimed at enhancing stock liquidity, improving affordability for retail investors, and aligning the…
Anil Ambani-led Reliance Power Ltd has entered the global energy arena with competitive bids for a 1,500-megawatt (MW) gas-based power project across multiple international markets. The company is actively participating in tenders floated by governments and utilities in Kuwait, the United Arab Emirates (UAE), and Malaysia, marking a strategic shift in its overseas ambitions. According…
Tata Steel has received a show cause-cum-demand notice from the Office of the Commissioner (Audit), Central Tax, Ranchi, over alleged irregularities in availing input tax credit (ITC) of ₹1,007.54 crore across FY2018–19 to FY2022–23. The notice, dated June 27 and received by the company on June 28, calls on the steel major to explain why…
In a potential shake-up of India’s energy landscape, Russian oil major Rosneft PJSC has entered early-stage discussions with Reliance Industries Ltd (RIL) to divest its 49.13% stake in Nayara Energy, a key player in India’s refining and fuel retailing sector. The move, if finalized, could significantly bolster Reliance’s refining capacity and retail footprint, positioning it…
