Prominent economist and commentator Swaminathan S Anklesaria Aiyar has cautioned India against yielding to US President Donald Trump’s pressure tactics to extract a trade deal that projects victory ahead of America’s upcoming political milestones. In his latest analysis, Aiyar argues that while a limited trade package with the US remains feasible, India should not sacrifice…
In a landmark development for Chhattisgarh’s industrial landscape, Jindal Steel Chhattisgarh Ltd (JSCL) has signed a Memorandum of Understanding (MoU) with the state government for projects totalling ₹75,000 crore. The MoU, signed in Raipur in the presence of Chief Minister Vishnu Deo Sai and JSCL Chairman Naveen Jindal, is expected to transform the state’s steel,…
In a landmark development reflecting India’s rapid retail financialisation, Gujarat has emerged as the third state in the country to cross the 1 crore active stock market investors milestone. This major achievement underlines the growing equity culture in the western state, historically known for its entrepreneurial spirit, trading tradition, and financial prudence. Gujarat Joins Maharashtra…
Hindustan Zinc Limited (HZL), India’s largest and the world’s second-largest integrated zinc-lead producer, reported a 1% year-on-year increase in mined metal production for the first quarter (Q1) of the financial year 2025-26, demonstrating operational stability amid fluctuating global metal prices. Key Highlights Of Q1 FY26 Operational Update In its quarterly update released on July 3,…
In a significant move to strengthen its presence in India’s aviation sector, Adani Group has acquired an 85.1% stake in Air Works for ₹400 crore, marking its foray into the critical Maintenance, Repair, and Overhaul (MRO) segment. This acquisition aligns with Adani’s broader strategy to diversify and consolidate its infrastructure and transport portfolio while tapping…
Samsung is witnessing a rapid surge in the demand for its AI-enabled appliances across India. The company has announced a strategic ambition to derive 70% of its home appliance revenue from smart AI appliances by the end of 2025, compared to approximately 12% last year. This aggressive target reflects Samsung’s confidence in the Indian market’s…
Elon Musk’s artificial intelligence startup xAI has successfully raised $5 billion in its latest funding round, with Morgan Stanley, the lead banker on the transaction, describing the deal as “massively oversubscribed.” This fundraising marks a crucial step for xAI as it accelerates its plans to compete with global AI leaders like OpenAI, Google DeepMind, Anthropic,…
Sambhav Steel Pipes Limited, a prominent manufacturer of steel pipes in India, is reportedly planning a substantial capacity expansion in the upcoming quarters, backed by its strengthened balance sheet post-listing. The company, which recently debuted on the NSE SME platform with an impressive listing premium, now aims to invest strategically to augment its production capabilities…
In a significant development in India’s mining and steel sector consolidation, Lloyds Metals and Energy Ltd (LMEL) has acquired nearly 80% stake in Thriveni Earthmovers Private Limited (TEPL), one of India’s largest mining services companies. The acquisition marks a major strategic step to expand Lloyds’ integrated mining-to-steel operations and strengthen raw material security amid rising…
India’s leading car manufacturer Maruti Suzuki India Limited (MSIL) reported a robust performance in June 2025, recording total sales of 1,68,000 units, including domestic and export markets. The highlight of the month was the highest-ever exports in its history, reflecting strong international demand despite global market volatility. June 2025 Sales Highlights Detailed Segment-Wise Sales Performance…
In a powerful statement reflecting the current tech transformation era, NxtGen Infinite Datacenter’s CEO and Founder A.S. Rajgopal has revealed that the company’s AI business is expected to generate more revenue in 2025 alone than its cumulative cloud business revenues over the last 13 years. The Bengaluru-based digital infrastructure and AI solutions provider is witnessing…
In a major boost to its growth trajectory, TVS Motor Company reported its highest-ever quarterly sales of 12.77 lakh units in Q1 FY26, signalling strong demand recovery across segments. The company’s June 2025 sales rose 20% year-on-year, driven by robust performance in both domestic and export markets. Key Highlights Of TVS Q1 FY26 Performance Detailed…
Shares of Kalpataru Projects International Ltd (KPIL) surged over 4% intraday on Monday after the company announced that it had secured new orders worth Rs 989 crore across its Transmission & Distribution (T&D) and Buildings & Factories (B&F) business segments. The announcement boosted investor sentiment as analysts see this as a clear indication of strong…
In a landmark administrative reform, the Uttar Pradesh Tax Department has announced the merger of 436 sections into 364, aimed at streamlining operations, rationalising workload, and improving taxpayer services across the state. The move is part of a broader governance restructuring initiative under Chief Minister Yogi Adityanath’s administration to enhance efficiency, transparency, and departmental accountability….
India is on a decisive path to surpass Germany and emerge as the world’s third-largest economy by 2030, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday, reaffirming the government’s commitment towards economic reforms, digital transformation, and clean energy transition that have accelerated growth in recent years. Speaking at an industry conference…
Two of ace investor Radhakishan Damani’s marquee portfolio stocks – Trent Ltd and VST Industries – have plunged nearly 55% from their all-time highs, triggering concerns among retail investors about their future prospects. Both companies have been among his top long-term bets, with consistent value unlocking stories over the past decade. This correction comes amid…
In a significant development for small-cap investors, [Company Name – Insert Actual Penny Stock When Officially Declared], a penny stock listed on NSE and BSE, is set to be in focus on Wednesday after it announced a strategic capital expenditure (capex) expansion plan along with cost-saving initiatives to enhance operational efficiency and margins. The company’s…
Global brokerage Citi has issued a cautionary note on a prominent public sector undertaking (PSU) stock, highlighting risks of up to 12% downside amid stretched valuations and potential price reductions in its key product segments. This comes even as Indian equities remain buoyant at record highs in June-July 2025, raising valuation concerns for select sectors….
HDB Financial Services Ltd, the non-banking financial subsidiary of HDFC Bank, made a robust debut on Indian stock exchanges today, listing at a 13% premium to its issue price, reflecting strong investor demand for quality NBFCs with a diversified retail lending portfolio. The stock opened at Rs 1,243 on NSE against the issue price of…
Agritech innovation in India continues to gain momentum as Eeki, a leading climate-controlled farming startup, announced raising $7 million (approximately Rs 58 crore) in its latest funding round led by Sixth Sense Ventures, a consumer-focused domestic venture capital firm. The funding comes at a critical growth stage for Eeki as it seeks to scale its…
Paytm’s dramatic journey in 2025 continues to test investors’ nerves. After delivering a stunning 164% rally in 2024, shares of One97 Communications Ltd (Paytm) have slipped ~9% in the first half of calendar year 2025 (H1CY25) amid regulatory clampdowns, merchant base disruptions, and muted revenue guidance. As H2 approaches, investors are asking – will it…
India’s equity markets witnessed sharp profit booking in newly listed shares on Tuesday, with Kalpataru Projects International, Globe Civil Projects, and Ellenbarrie Industrial Gases falling up to 5% intraday. The correction comes after a strong debut rally driven by robust subscription demand, reflecting the common pattern of early listing volatility as investors book gains. Market…
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated ports and logistics player, reported robust operational performance for June and Q1 FY26, handling 41.3 million metric tonnes (MMT) of cargo in June 2025 alone, marking its continued dominance in the Indian ports sector. Key Highlights Month-Wise Cargo Performance Month Cargo Volume (MMT) YoY…
India’s iron ore sector recorded a marginal increase in production to 53 million metric tonnes (MMT) during April-May 2025, according to the Ministry of Mines provisional data released this week. This marks a 2.1% year-on-year (YoY) rise compared to 51.9 MMT produced in the same period last year, indicating resilient operational performance despite challenges of…
India’s economic engine continues to display resilient momentum, with GDP growth for FY26 projected at 6.3%, driven significantly by robust informal sector expansion and steady consumption demand, according to recent official estimates and market economists’ analyses. Key Highlights Detailed Quarterly Performance Quarter Estimated Growth Rate (%) Key Contributors Q1 (Apr-Jun) 7.0 Informal sector, services, domestic…
India’s pharmaceutical sector has showcased remarkable resilience and growth, clocking exports worth $5 billion in April and May 2025, according to data released by the Pharmaceuticals Export Promotion Council of India (Pharmexcil). This performance highlights sustained global demand for Indian generic drugs, vaccines, and Active Pharmaceutical Ingredients (APIs) amid economic headwinds and geopolitical disruptions. Key…
Curefoods, the cloud kitchen operator founded by Cure.fit co-founder Ankit Nagori, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹800 crore through an Initial Public Offering (IPO). The IPO comprises a fresh issue worth ₹300 crore and an offer for sale (OFS) of shares…
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…
