India’s largest cement manufacturer Ultratech Cement, part of the Aditya Birla Group, has announced a massive ₹10,255 crore capital expenditure plan aimed at expanding its production capacity by 22.8 million tonnes per annum (mtpa). The investment, approved by the company’s board on October 18, 2025, will be executed through a mix of brownfield and greenfield…
In a significant financial move, the family of Samsung Electronics Chairman Jay Y. Lee has announced plans to sell 17.7 million shares—valued at approximately 1.73 trillion won ($1.22 billion)—in the South Korean tech giant. The sale, disclosed in a regulatory filing on October 18, 2025, is aimed at covering a portion of the inheritance tax…
In a confident forecast for India’s equity markets, Vipul Bhowar, Director at Waterfield Advisors, has projected strong double-digit returns by Diwali 2026, citing robust earnings visibility, sectoral rotation, and resilient domestic demand. Speaking to investors and analysts on October 18, 2025, Bhowar emphasized that despite global headwinds, India’s macroeconomic fundamentals remain intact, and selective sectoral…
In a strategic move poised to reshape India’s hospitality landscape, Indian Hotels Company Limited (IHCL) and Ambuja Neotia Group are set to expand their partnership beyond West Bengal, transitioning from management contracts to joint investments in new hospitality projects. The development, confirmed by senior executives on October 17, 2025, marks a deepening of their alliance…
As gold and silver prices surge to historic highs in October 2025, ace investor Vijay Kedia has issued a cautionary note to Indian investors, urging them to look beyond bullion and focus on value creation through equities. In a widely discussed statement, Kedia referred to gold and silver as “lifeless money,” arguing that while they…
The Indian Premier League (IPL), once hailed as India’s most valuable sporting property, has seen its valuation decline for the second consecutive year, dropping from ₹92,500 crore in 2023 to ₹76,100 crore in 2025, according to D&P Advisory’s Beyond 22 Yards 2025 report. The 18% fall over two years has sparked widespread debate across the…
India’s high-net-worth individuals (HNIs) are increasingly turning to Alternative Investment Funds (AIFs) to diversify portfolios, enhance returns, and navigate market volatility with precision. According to Puneet Sharma, CEO and Fund Manager at WhiteSpace Alpha, this shift reflects a growing appetite for non-traditional strategies, risk-adjusted performance, and customized wealth solutions. Speaking to Business Today on October…
India’s equity markets are poised for a robust revival in Samvat 2082, led by strong momentum in automobiles, financials, and power utilities, according to Mahesh Patil, Chief Investment Officer at Aditya Birla Sun Life AMC. After a year of muted returns and macroeconomic headwinds, Patil believes the worst is behind and expects Nifty earnings growth…
India’s quick commerce unicorn Zepto has closed a massive $450 million funding round, catapulting its valuation to $7 billion and positioning it among the most valuable startups in the country. The round, announced on October 16, 2025, was led by the California Public Employees’ Retirement System (CalPERS), with participation from existing investors including Avenir, Avra,…
Union Commerce and Industry Minister Piyush Goyal has sharply criticized the Congress-era Free Trade Agreements (FTAs) with Japan and South Korea, stating that they have failed to deliver export growth for India while leading to a surge in imports. Speaking at the 105th Annual General Meeting of ASSOCHAM in New Delhi on October 17, 2025,…
