In a major push to accelerate India’s green hydrogen ecosystem, the Union Government has launched a ₹100-crore dedicated scheme to support startups working on innovative technologies in hydrogen production, storage, transport, and utilization. The announcement was made by Union Minister Pralhad Joshi at the inaugural Green Hydrogen R&D Conference held in New Delhi on September…
Airfloa Rail Technology Ltd’s ₹91 crore SME IPO opened to a roaring start on September 11, 2025, with grey market premium (GMP) trends indicating a potential listing gain of nearly 118%. The IPO, which is entirely a fresh issue of 65 lakh equity shares, is priced between ₹133 and ₹140 per share and will remain…
Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Ltd, has signed a landmark memorandum of understanding (MoU) with the Maharashtra government to invest ₹1,513 crore in a state-of-the-art food and beverage manufacturing facility in Katol, Nagpur. The announcement was made on September 11, 2025, during a high-profile investment summit…
India’s ambitious push to become a global electronics manufacturing hub has received a major boost, with the Centre confirming over 150 investment proposals worth ₹19,000 crore under the Electronics Component Manufacturing Scheme (ECMS). The scheme, launched by the Ministry of Electronics and Information Technology (MeitY), aims to strengthen domestic production of critical components such as…
India’s startup and manufacturing sectors are making global headlines this week, with two major developments signaling the country’s growing economic clout. Urban Company, the leading home services platform, has successfully launched its ₹1,900 crore initial public offering (IPO), while Apple has confirmed that its upcoming iPhone 17 series will be manufactured in India, marking a…
In a landmark move that positions India’s industrial sector on the global stage, Kolkata-headquartered Tega Industries has announced its intent to acquire Molycop, a 107-year-old U.S.-based mining consumables giant, in a $1.5 billion transaction. The acquisition, executed in partnership with Apollo Funds, marks the largest overseas industrial acquisition by a Bengal-based company and is expected…
India’s equity markets may appear range-bound, but beneath the surface, a constructive setup is quietly taking shape. Sandeep Tandon, Chief Investment Officer of Quant Mutual Fund, believes that the next 6–12 months could see a significant turnaround in key sectors—particularly information technology (IT), pharmaceuticals, and fast-moving consumer goods (FMCG). In a recent interview, Tandon shared…
In a strategic move aimed at reshaping the global rare earth supply chain, India is reportedly exploring a rare earth mineral partnership with Myanmar to counter China’s near-total dominance in the sector. According to recent reports, the Indian government has initiated efforts to secure rare earth samples from mines in northeastern Myanmar, particularly those under…
In a bold and candid assessment of global trade dynamics, Gautam Singhania, Chairman and Managing Director of the Raymond Group, has described the recent imposition of tariffs by the United States as a “dangerous game” that could trigger hyperinflation in America. Speaking at the centennial celebration of Raymond, one of India’s most iconic textile and…
In a significant development that has sent ripples through India’s corporate and financial sectors, the Enforcement Directorate (ED) has filed a fresh money laundering case against industrialist Anil Ambani and his company Reliance Communications (RCom). The case, linked to an alleged ₹2,929 crore bank fraud, stems from a First Information Report (FIR) filed by the…
