SEBI may partly reverse its closing auction rules, with derivatives expected to return to the old settlement method for at least a year.
Indian IT stocks gained after Accenture’s strong results eased AI concerns and signalled resilient technology spending.
India-US trade talks have reached a “plateau”, Finance Minister Nirmala Sitharaman said, with further concessions difficult for both sides. Changing tariffs add uncertainty as the two countries struggle to close a deal.
Gland Pharma is investing $21 million through its US subsidiary to acquire 60% of Novelstar Pharma. The move comes as its US revenue grew 32% to ₹981 crore in the June quarter, helping drive overall growth.
Tesla delivered 486,532 vehicles in Q3, beating analyst forecasts despite a 2% annual decline. Higher fuel prices may be supporting demand as the company plans over $25 billion in spending on factories and robotaxis.
Modi and Trump discussed trade and energy as India navigates US tariffs, Russian oil sanctions and ongoing trade negotiations.
A Canadian pension giant is investing ₹3,000 crore in Prestige’s hotel business for a 27% stake. After shelving its IPO, the company has found a new source of funding to expand across India.
KPI Green Energy will acquire 507.9 MW of wind assets for ₹2,410 crore, boosting its renewable power portfolio.
Inox Clean Energy plans a ₹10,000 crore IPO, with ₹6,000 crore earmarked for debt repayment as it expands its renewable energy business.
Pidilite partners with South Korea’s Hwaseung Chemical to bring advanced footwear adhesives to India’s growing manufacturing market.
HCLTech is buying Robotiq.ai for €9 million to help its agentic AI move beyond answering questions and actually complete business tasks.
India’s Essar Group plans to invest $18 billion in the US, including a $15 billion Iowa steel plant set to produce 10 million tonnes yearly.
Anthropic’s revenue is soaring, but its IPO prospectus reveals massive future computing obligations and warnings that advanced AI could pose existential risks. What will investors make of a potential $2 trillion valuation?
Fortis Healthcare faces a forensic audit linked to its former promoters and Daiichi Sankyo’s long-running ₹2,562 crore dispute.
Zee has taken JioStar back to court over alleged music copyright violations, adding another chapter to their growing legal battle.
Sun Pharma has secured rights to make and sell a monthly cholesterol injection outside the US and China. The deal expands its newer medicines business in a fast-growing market.
Skyroot is eyeing a $300 million raise as the Indian Navy invites the space startup to help develop defence space capabilities.
ACs, TVs and other appliances are getting pricier from October as rising copper, metal and freight costs squeeze manufacturers.
A three-day bank strike begins September 28 over demands for a five-day work week. Here’s what could be disrupted.
Blue Cloud Softech’s US arm has received a $15.5 million order from IBM Cloud Inc. to build systems for developing and running AI models. The stock rallied over 10% on the news.
Welspun Corp’s US subsidiary has won its largest order yet. The $412.5 million pipe deal will be fulfilled across FY28 and FY29, taking the company’s global order book to a record $4.7 billion.
Insurance stocks fell after IRDAI proposed tighter commission and expense limits that could reshape how insurance is sold in India.
London’s IPO market has been struggling for years. Now, Airtel Money is preparing an $800 million listing that could become the UK’s biggest IPO since 2021.
Bharat Dynamics has secured an ₹810.7 crore Ministry of Defence contract to supply 160 SAT-SAAW weapons to the Indian Air Force, adding to its growing order pipeline as India scales up defence production.
Brahma AI has raised $150 million at a $2 billion valuation, giving the Prime Focus-backed company fresh firepower to expand its enterprise AI platform and global presence.
ONGC has struck natural gas in the Mahanadi Basin, marking a key find in India’s push to explore its deepwater energy reserves.
Spinny has confidentially filed for an IPO to raise up to ₹3,000 crore. Behind the listing is a used-car market that could touch $78 billion by FY31, with nearly 79% of transactions still unorganised.
Indian Oil is investing ₹2,448.7 crore in a 425-km gas pipeline linking Kerala and Tamil Nadu, as India races to expand its gas infrastructure and lift natural gas to 15% of its energy mix by 2030.
Motherson will pay ₹500 crore for a 50.1% stake in Rotary Connectors, expanding its aerospace and defence business.
The Tata Sons boardroom battle is escalating. Tata Trusts has challenged N Chandrasekaran’s reappointment, arguing it violates the company’s Articles of Association, as senior advocate Abhishek Singhvi joins the legal fight.
Mazagon Dock is investing around ₹15,000 crore in a new Andhra Pradesh shipyard, marking a major push beyond warships and submarines into large commercial vessels as India looks to strengthen domestic shipbuilding.
India’s hospital sector has another big-ticket investor. Advent is putting ₹3,150 crore into Yatharth, the fourth major private equity hospital deal, as the chain targets nearly 5,000 beds within three years.
Tata Sons reportedly approved another five-year term for N Chandrasekaran, reversing course weeks after he decided not to seek reappointment.
Applied Materials is investing $5 billion in India over the next decade, including a 140-acre R&D park and a tenfold supply-chain expansion, as India looks to build a semiconductor ecosystem beyond chip fabrication.
India Pesticides secured approvals for products in the UK and Argentina, potentially opening new markets and supporting export growth.
Vikram Solar has signed a ₹1,250 crore deal with Avaada Electro for domestically made solar cells. The deal highlights India’s solar manufacturing boom, and the supply-chain gaps that still keep it dependent on China.
RBI rejected Tata Sons’ request to surrender its CIC registration, pushing the Tata Group holding company closer to a stock-market listing.
Indian IT stocks rallied as AI leaders called for slower AI development, easing fears that automation could disrupt traditional tech services.
An Indian explosives and rocket maker is spending nearly ₹13,000 crore to buy a South African company, expanding into global mining and agriculture. But the deal has sent its shares down 10%.
BRICS leaders adopted the New Delhi Declaration, reaching consensus on trade, terrorism, West Asia, AI and cross-border payments.
India’s retail inflation rose to 4.82% in August as food and oil costs increased, raising concerns over a possible RBI rate hike.
ndia and France announce three space deals spanning satellite technology, launches and manufacturing, taking their five-decade partnership into the private sector.
SIP contributions hit a record ₹32,297 crore in August, while small-cap funds attracted nearly ₹8,000 crore. More than ₹1 in every ₹4 flowing into equity mutual funds went to small-caps.
Nexus Select Trust will acquire Guwahati’s Galaxy Complex for ₹1,600 crore, marking the retail REIT’s entry into Northeast India.
India has approved five railway projects worth ₹10,021 crore, adding 540 km of tracks and boosting freight capacity as it pushes to move more goods by rail and lower logistics costs.
Adani Airport Holdings is raising ₹9,825 crore from global investors at a $18 billion valuation. The money will help nearly double passenger capacity and expand its Airport City business.
The company behind USDC is buying Singapore-based Tazapay, a cross-border payments firm handling over $25 billion annually across 100+ markets, as it looks to expand stablecoin-powered payments globally.
Odisha is giving its government workflow system an AI upgrade, and TCS is leading the job. The project covers 4,600+ offices and nearly 50,000 users, adding to TCS’ growing AI push.
Biocon has landed a 10-year Pertuzumab partnership in Brazil, giving it a foothold in a healthcare market worth around $135 billion. Here’s what makes the deal significant.
India has cleared ₹1.10 lakh crore worth of military purchases for the Army, Navy and Air Force. From helicopters to radars and jammers, nearly 98% of the equipment will be sourced from Indian companies.
Novartis India will pay ₹1,250 crore for Pfizer’s Minipress and Minipres brands as it takes greater control and targets smaller-city growth.
Pixxel has raised $100 million to scale its satellites, software and manufacturing. As India chases a $44 billion space economy, the funding signals how some spacetech startups are moving beyond early-stage bets.
TCS’ HyperVault is planning a ₹70,000 crore, 1 GW AI data centre campus in Hyderabad. Behind the massive bet is India’s rapidly growing appetite for AI computing, data centres and the power needed to run them.
Ultrahuman raises $70 million as it expands beyond smart rings into AI, health data, diagnostics and human-computer interfaces.
Bite-sized insights for the everyday investor
no spam, no bs ☝️
Newsletter