Trent Ltd, the retail arm of the Tata Group, witnessed a sharp sell-off on Thursday with shares plunging over 11% intraday, wiping out nearly Rs 310 crore from ace investor Radhakishan Damani’s portfolio in a single session. The decline comes amid concerns over rich valuations, profit-booking after a steep rally, and broader market weakness. Key…
India’s benchmark long-term government bond yields rose sharply in early trade on Thursday, extending losses from the previous session, as concerns over upcoming debt supply and global yield movements weighed on sentiment. The benchmark 10-year bond yield climbed to a two-week high of 7.24%, up from 7.19% on Wednesday, as traders braced for a fresh…
Crude oil prices could fall below $60 per barrel by December 2025, driven by sluggish global demand growth, ample non-OPEC supply, and potential easing of geopolitical tensions, according to the latest outlook released by S&P Global Commodity Insights. However, India is expected to remain a bright spot with continued robust oil consumption as its economic…
India is set to transform its chemicals sector into a $1 trillion global powerhouse by 2040, according to a detailed vision blueprint released by NITI Aayog this week. The strategic plan seeks to capitalise on the country’s natural advantages, robust domestic demand, and global supply chain realignment to position India among the top three chemical…
India is poised to emerge as a major beneficiary of ongoing global tariff-led trade realignments, according to a recent assessment by Moody’s Investors Service. The global credit rating agency highlighted that India’s competitive manufacturing landscape, proactive trade diplomacy, and reforms in ease of doing business place it favourably amid shifting supply chains and trade diversion…
India’s services sector witnessed a sharp acceleration in growth during June, with the Purchasing Managers’ Index (PMI) climbing to its highest level since August 2024, driven by strong domestic orders and sustained export demand, reinforcing optimism about the country’s economic resilience amid global headwinds. Services PMI Overview The HSBC India Services PMI, compiled by S&P…
Yes Bank shares recovered sharply from intraday lows after the private lender released its Q1FY26 business update, which highlighted robust growth in deposits and advances, alleviating market concerns over its credit growth trajectory and asset quality trends. Market Reaction Yes Bank opened weak on Thursday, falling nearly 3.8% to an intraday low of ₹17.85 per…
Vedanta Limited, the diversified natural resources conglomerate, continues to remain a hot topic among Indian investors due to its attractive dividend yields juxtaposed against stagnant capital returns. While the company has consistently rewarded shareholders through hefty payouts, many are left wondering whether it remains a wealth creator or a classic dividend trap. Vedanta: A Quick…
In a major philanthropic initiative reaffirming its commitment to social development, Infosys Foundation has pledged a grant of over ₹48 crore to significantly improve maternal and child healthcare infrastructure in rural Karnataka. The Foundation, led by Chairperson Sudha Murty until her recent retirement and currently under new leadership, continues to focus on critical grassroots health…
As the clock ticks down to former US President Donald Trump’s threatened tariff reimposition deadline, Indian policymakers are urgently examining proposals to finalise a workable India-US trade deal that protects India’s food safety standards while addressing American exporters’ concerns. Sources indicate that India is considering a “GM-free self-certification mechanism” for food imports from the United…
In a significant boost to India’s clean energy and grid stability infrastructure, International Finance Corporation (IFC), the private sector arm of the World Bank Group, has committed an investment of Rs 460 crore ($55 million) to IndiGrid for developing the country’s largest battery energy storage system (BESS). The investment marks IFC’s growing focus on energy…
German home appliance and refrigeration giant Liebherr has commenced production of its fully integrated refrigerator models at its manufacturing facility in Aurangabad, Maharashtra, marking a significant milestone in its India operations. This strategic move aligns with the company’s commitment to expand its localised portfolio and tap into India’s rapidly growing premium home appliances market. Significance…
All Time Plastics, one of India’s leading plastic household product manufacturers, has secured a significant investment of Rs 100 crore from Sunil Singhania-led Abakkus Asset Manager in its pre-IPO funding round, reflecting strong market confidence in its growth story ahead of the planned public listing. Investment Details and Strategic Purpose The Rs 100 crore investment…
Shares of Eternal, the parent company of Zomato, have surged by over 30% since March this year, reflecting renewed investor confidence in the foodtech giant’s growth plans, operational turnaround, and strategic diversification. This sharp rally has raised crucial questions among market watchers and long-term investors: Is the rally fundamentally justified, or is it merely speculative…
The much-awaited initial public offering (IPO) of Cryogenic OGS Limited opened for subscription today, marking a significant milestone for the company as it seeks to raise funds to fuel its growth plans, expand manufacturing capabilities, and strengthen its balance sheet. Investors and market watchers are keenly observing this IPO, given the company’s strong niche positioning…
India’s fast-growing social commerce giant Meesho has filed confidential draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth approximately ₹4,250 crore, setting the stage for one of the most anticipated tech listings this fiscal year. The move comes as Meesho aims to bolster its financial standing,…
Bharat Electronics Limited (BEL), one of India’s leading defence public sector undertakings, has become a headline grabber as its stock trades at a 263% premium to its historical valuations, raising critical questions about whether investors should continue buying the counter despite its remarkable rally. BEL: A Consistent Wealth Creator In Defence PSU Space Established in…
Catamaran Ventures, the family office and investment arm of Infosys co-founder Narayana Murthy, is exploring ambitious opportunities in India’s emerging precision manufacturing sector by planning Amazon-like joint ventures with global partners. This strategic pivot reflects a larger vision to leverage India’s manufacturing policy tailwinds, integrate technology with production, and build scalable ventures aligned with Make…
Nikesh Arora, an alumnus of IIT-BHU, Harvard Business School, and Boston College, is among the most celebrated Indian-origin corporate leaders globally. Currently the Chairman and CEO of Palo Alto Networks, Arora’s career trajectory from an engineer to one of the world’s highest-paid CEOs is a powerful testament to ambition, adaptability, and strategic clarity. Early Life…
Mukesh Ambani-led Reliance Industries Limited (RIL) is set to reshape India’s fast-moving consumer goods (FMCG) landscape by consolidating all its FMCG brands under a newly formed entity, Reliance Consumer Products Ltd (RCPL). This move is part of its broader strategy to unlock value in the rapidly growing consumer segment and prepare for a potential initial…
Nestle India has announced the commissioning of a new production line for its flagship Maggi noodles at the company’s Sanand factory in Gujarat with an investment of ₹105 crore. The expansion marks another milestone in Nestle’s strategy to strengthen its instant foods portfolio and boost manufacturing capacity to meet rising consumer demand across India. Key…
Indian gaming and esports markets witnessed a major development as a stock backed by Zerodha co-founder Nikhil Kamath surged sharply following the announcement of its 92.3% stake acquisition in AFK Gaming, a leading esports media platform. The deal reflects Kamath’s increasing interest in India’s rapidly expanding gaming ecosystem and the strategic growth of esports investments…
RITES Limited, India’s leading transport infrastructure consultancy and engineering firm, has secured multiple orders valued at over Rs 64 crore from various domestic and international entities. This development underlines the company’s growing stature in consultancy, engineering, and project management solutions within and beyond India. Breakdown Of Recent Orders Bagged By RITES According to company updates,…
Godrej Industries Limited (GIL) has announced a significant investment plan of Rs 750 crore to expand its chemicals business capacity over the next three years. This strategic move aligns with the company’s vision to strengthen its position in the specialty chemicals market and achieve higher growth in domestic and export segments. Investment Plan And Expansion…
India’s office market continues its strong recovery and growth trajectory, led by the Global Capability Centres (GCCs) sector, as leasing activity surged 24% year-on-year in FY25, according to a recent market analysis by Vestian. The report reveals that Bengaluru remains the undisputed leader, accounting for a massive 65% of total office absorption by GCCs, reaffirming…
Walmart’s Vriddhi Supplier Development Program, launched in India to empower micro, small, and medium enterprises (MSMEs), has now evolved into a global standard, according to Jason Fremstad, Senior Vice President, Supplier Development, Walmart. Speaking about Vriddhi’s international expansion, Fremstad said that what began as a focused initiative to accelerate Indian MSMEs into modern retail supply…
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…