In a major retail sector development, the promoter entity of Vishal Mega Mart has sold a 14% stake for ₹7,635 crore, marking one of the largest secondary transactions in India’s consumer retail space. The deal underscores the growing investor appetite for organized retail chains, driven by rising consumer demand, expanding middle-class purchasing power, and the…
Union Commerce and Industry Minister Piyush Goyal has finally addressed speculation surrounding his surprise meeting with Howard Lutnick, US Secretary of Commerce, and Sergio Gor, US Ambassador to India. The meeting, which took place in New Delhi on February 26, 2026, sparked widespread debate after a photograph of the trio circulated online, with observers calling…
Real estate mogul and entrepreneur Grant Cardone has announced plans to tokenize $5 billion worth of real estate assets, marking one of the largest moves toward blockchain integration in the property sector. The initiative aims to democratize access to real estate investments by leveraging blockchain technology, but notably, XRP is not among the shortlisted partners…
Edtech unicorn Unacademy has announced a ₹50 crore Employee Stock Ownership Plan (ESOP) buyback, reinforcing its commitment to reward employees and strengthen long-term retention. This move comes at a time when the edtech industry is undergoing consolidation, with companies focusing on profitability, sustainability, and employee morale. What the ESOP Buyback Means An ESOP buyback allows…
India’s equity markets are experiencing a phase of consolidation, described by A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, as the “calm before a big move.” According to him, the next major rally is likely to be driven by IT, auto, and banking sectors, which are poised for growth amid evolving macroeconomic…
Infosys, one of India’s largest IT services companies, has faced a sharp decline of over 20% in February, marking its worst monthly performance in 13 years. The sell-off has been triggered by growing concerns around the impact of artificial intelligence (AI) adoption on traditional outsourcing models, investor sentiment, and global demand trends. Background of the…
In a significant market development, BNP Paribas executed a block deal involving 5.28 lakh shares of State Bank of India (SBI), amounting to a transaction value of approximately ₹64 crore. This deal highlights the growing interest of global institutional investors in India’s banking sector, particularly in SBI, which remains the country’s largest public sector bank….
India’s financial landscape has undergone a seismic transformation since the Covid-19 pandemic, reshaping how households save, invest, and manage wealth. For decades, fixed deposits (FDs), gold, and real estate were the dominant choices for Indian investors, offering safety and certainty. However, the post-pandemic era has seen a dramatic shift toward equities, mutual funds, and market-linked…
India has taken a decisive step toward industrial self-reliance and energy efficiency with the establishment of its first amorphous electrical steel manufacturing facility. Situated in Sri City, Tirupati, Andhra Pradesh, this facility is being developed by Proterial India, a subsidiary of Japan-based Proterial, in collaboration with Shirdi Sai Electricals. With an investment of ₹1,350 crore…
Industrialist Sajjan Jindal, chairman of JSW Group, has raised concerns about India Inc’s limited research and development (R&D) capabilities, urging corporate leaders to take inspiration from China’s aggressive investments in innovation. His remarks highlight a critical gap in India’s industrial and technological ecosystem, where companies often prioritize short-term profitability over long-term innovation. Jindal’s Key Concerns…
