Nomura has downgraded Indian equities to neutral from overweight, citing elevated energy prices due to the Iran conflict, weaker domestic inflows, and India’s limited participation in the global AI boom. The brokerage has cut its Nifty 50 target for December 2026 to 24,500 from 29,300, recommending investors shift focus toward Korea and China. Why Nomura…
Varun Beverages Ltd (VBL), PepsiCo’s largest bottling partner in India, has announced the record date for its final dividend, giving investors clarity on eligibility. The company, currently trading at ₹403.70 per share, has a market capitalization of over ₹1.69 trillion and a dividend yield of 0.37%. Key Highlights Why the Dividend Matters Varun Beverages has…
India’s electronics industry is undergoing a remarkable transformation, moving beyond simple assembly lines to building a robust backbone for innovation, manufacturing, and global competitiveness. Once seen primarily as a hub for low-cost labor and assembly operations, India is now positioning itself as a key player in the global electronics supply chain. With government initiatives, private…
In a significant policy move, the Government of India has announced zero duty on petrochemical imports to safeguard domestic industries from an ongoing supply crunch. The decision comes at a time when global petrochemical markets are facing disruptions due to geopolitical tensions, shipping bottlenecks, and rising demand across Asia. By removing import duties, India aims…
Motilal Oswal Financial Services believes FY27 will be significantly better than the turbulent FY26, which was marked by global headwinds, FII outflows, and India’s limited participation in the AI boom. The brokerage expects delayed fiscal and monetary stimulus, attractive valuations, and a favorable base effect to drive recovery. What Went Wrong in FY26? FY26 was…
India’s startup ecosystem continues to attract significant investor interest, with Bajaj Finserv leading a ₹80 crore funding round in NowPurchase, a fast-growing B2B platform focused on streamlining raw material procurement for manufacturing industries. The investment signals strong confidence in the company’s innovative model, which leverages technology to simplify supply chains and enhance transparency in procurement…
March 2026 will be remembered as one of the darkest months in the history of Indian equity markets. Foreign Institutional Investors (FIIs) offloaded a staggering ₹1.11 lakh crore worth of shares, triggering a sharp sell-off across sectors and wiping out trillions in market capitalization. The exodus of foreign capital not only rattled investor confidence but…
The Central Bureau of Investigation (CBI) has registered a new case against Anil Ambani and Reliance Communications (RCOM) for allegedly defrauding the Life Insurance Corporation of India (LIC) of over ₹3,750–₹4,500 crore through non-convertible debentures (NCDs). The case involves charges of conspiracy, cheating, misappropriation, and breach of trust. Background of the Case Between 2009 and…
India’s electronics manufacturing sector is set for a major boost as Dixon Technologies prepares to launch trial production at its ₹1,100-crore display plant in June. The facility, which is expected to achieve an annual capacity of 84 million units, marks a significant milestone in India’s ambition to become a global hub for electronics and display…
India’s corporate landscape has once again been thrust into the spotlight as billionaire industrialist Anil Agarwal, founder of Vedanta Resources, has formally challenged Gautam Adani’s winning $4 billion bid for Jaiprakash Associates’ assets. The contested deal includes India’s only Formula One track, the Buddh International Circuit, along with a portfolio of infrastructure and real estate…
