In a significant move aimed at strengthening its capital base, ICICI Bank has approved a capital raise of Rs 3,945 crore through the issuance of Tier-2 bonds. This decision reflects the bank’s proactive approach to maintaining robust financial health, meeting regulatory requirements, and supporting its long-term growth strategy. The announcement has generated considerable interest among…
In a surprising turn of events that has stirred conversations across India’s startup ecosystem, Zoho founder and CEO Sridhar Vembu shared details of a bizarre acquisition pitch he received from a startup. What made the pitch unusual was that it accidentally leaked a rival’s confidential offer, raising serious questions about ethics, due diligence, and the…
In a landmark achievement, Infrastructure Leasing & Financial Services (IL&FS) has announced that it has successfully repaid ₹48,463 crore, marking nearly 80% of its overall debt resolution target. This milestone represents one of the largest debt restructuring efforts in India’s corporate history and signals significant progress in restoring confidence in the financial system after the…
In a candid and thought-provoking statement, Rajeev Thakkar, Chief Investment Officer (CIO) of PPFAS Mutual Fund, reminded investors that while Systematic Investment Plans (SIPs) are a powerful tool for wealth creation, they are not a magic wand that can transform ordinary investors into billionaires like Mukesh Ambani. His remarks have sparked widespread discussions in financial…
India’s luxury housing market has witnessed an unprecedented boom in recent years, with Delhi-NCR emerging as the fastest-growing city in terms of luxury home prices. According to fresh data, luxury housing prices in the region have surged by a staggering 72% between 2022 and 2025, far outpacing Mumbai, Bengaluru, and other major metros. This marks…
In a landmark development, Apple has formally challenged India’s new antitrust law, which could potentially impose fines of up to $38 billion on the tech giant. The case has drawn global attention, as India’s regulatory stance is being seen as a test of how emerging markets will deal with the growing influence of multinational technology…
The global technology sector was rocked this week as Nvidia, the $4 trillion chipmaker that has dominated the AI boom, broke from its usual playbook by issuing a rare public statement defending its market position. The move came after reports surfaced that Meta Platforms is in advanced talks to spend billions on Google’s Tensor Processing…
In a significant move aimed at enhancing transparency and improving the timeliness of economic data, the Reserve Bank of India (RBI) is planning to release Balance of Payments (BoP) data on a monthly basis, according to Deputy Governor Poonam Gupta. This initiative marks a major shift from the current quarterly reporting system and is expected…
Market strategist Sridhar Sivaram has projected that India’s corporate earnings are likely to witness a strong revival in 2026, driven by domestic demand, government reforms, and sectoral growth. He emphasized that this is the right time for investors to build domestic-focused portfolios, as India’s internal consumption and infrastructure push are expected to outperform global headwinds….
Global technology giant HP Inc. has announced a major workforce reduction, confirming that it will cut 10% of its staff—amounting to nearly 6,000 employees worldwide. The decision comes as part of a broader restructuring plan aimed at streamlining operations, reducing costs, and adapting to changing market dynamics. The move has sparked widespread discussions about the…
