In a significant legal development, the court has denied interim relief to industrialist Anil Ambani in his ongoing suit against a consortium of banks that had classified him as a “fraudulent borrower.” The decision marks a crucial moment in the long-standing dispute between Ambani and several financial institutions, highlighting the complexities of corporate debt, regulatory…
In a landmark move aimed at simplifying foreign investment in India, the Securities and Exchange Board of India (SEBI) has announced the introduction of a single window gateway for low-risk foreign investors. This reform is designed to streamline processes, reduce compliance burdens, and enhance transparency, thereby making India a more attractive destination for global capital….
Engineering India Limited (EIL), one of the country’s leading engineering consultancy and project management firms, has set its sights on doubling its overseas business revenue to 20% by the next fiscal year, according to its Chairman and Managing Director (CMD). The announcement underscores EIL’s ambition to expand its global footprint, diversify revenue streams, and strengthen…
India’s edtech giant Byju’s has once again found itself at the center of a high-stakes corporate battle, with founder and CEO Byju Raveendran announcing plans to file for $2.5 billion in damages. The move comes in response to allegations by GLAS Trust, which claimed that the company diverted funds in violation of agreements with lenders….
India’s economy continues to show resilience, with estimates suggesting that the Gross Domestic Product (GDP) grew by 7.3% in the July-September quarter of 2025. This growth rate, if confirmed, would place India among the fastest-growing major economies in the world, driven by strong domestic demand, government spending, and robust performance in key sectors such as…
Fugitive businessman Vijay Mallya, accused of defaulting on loans worth over ₹9,000 crore linked to Kingfisher Airlines, has reacted sharply to the Supreme Court’s decision to allow the Sandesara family a $570 million one-time settlement (OTS) in their $1.6 billion bank fraud case. Mallya questioned why other economic offenders are treated differently, raising concerns about…
India and Canada are set to revive stalled trade negotiations, with both nations ambitiously targeting $50 billion in bilateral trade by 2030. Union Commerce and Industry Minister Piyush Goyal confirmed that discussions will resume, signaling renewed momentum in strengthening economic ties between the two countries. The announcement comes at a time when global trade dynamics…
Uttar Pradesh, India’s most populous state, is witnessing a remarkable transformation in its entrepreneurial landscape. Once known primarily for agriculture and traditional industries, the state is now emerging as a hub for start-ups, innovation, and digital enterprises. From mushroom farmers in rural districts to young AI innovators in urban centers, the UP Start-Up Policy is…
India’s edtech unicorn PhysicsWallah (PW), which recently made its stock market debut, witnessed a sharp correction in its share price, erasing nearly ₹8,600 crore in market capitalization from its day-one peak. The company, founded by Alakh Pandey, had entered the public markets with much fanfare, but investor sentiment quickly turned cautious as valuations, profitability concerns,…
The Indian stock market witnessed a significant rally in JP Power Ventures shares, which surged by 17% after lenders approved the Adani Group’s bid for Jaypee Group’s assets. This development marks a crucial turning point in the restructuring of Jaypee Group’s debt-laden portfolio and signals growing investor confidence in Adani’s ability to revive and manage…
India’s edtech unicorn PhysicsWallah (PW) has made headlines with its Initial Public Offering (IPO), which opened to retail investors earlier this week. The IPO, valued at ₹3,600 crore, has generated significant buzz among market participants, especially retail investors who are keen to grab a slice of one of India’s fastest-growing education technology companies. What has…
India’s fintech landscape has witnessed a landmark moment with the successful stock market debut of Groww, the investment platform founded by Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh. Co-founder and CFO Ishan Bansal has shared insights into the company’s future growth strategy, IPO fund utilisation, and valuation outlook, highlighting Groww’s ambition to build…
The Adani Group, one of India’s largest conglomerates, has unveiled an ambitious plan to invest ₹1 lakh crore in Andhra Pradesh over the next 10 years, signaling a major boost to the state’s industrial and economic growth. The announcement was made by Karan Adani, CEO of Adani Ports and SEZ, during a high-level business summit…
In a significant step toward deepening economic ties, India’s Finance Minister Nirmala Sitharaman met with Khalid Al-Falih, Saudi Arabia’s Minister of Investment, in New Delhi on November 12, 2025, to discuss the long-anticipated Bilateral Investment Treaty (BIT). The meeting underscored the mutual commitment to finalize the treaty at the earliest, aiming to unlock robust two-way…
In a sweeping enforcement action that has sent ripples through India’s corporate and financial sectors, the Enforcement Directorate (ED) has conducted multiple raids on premises linked to Delhi-based industrialist Vikas Garg and his associates in connection with a ₹190 crore customs duty fraud. The raids, carried out on November 12, 2025, stem from a Central…
India is poised to become a global hub for medical and wellness tourism, with Union Commerce and Industry Minister Piyush Goyal projecting a $1 trillion opportunity in the sector. Speaking at the 22nd CII Annual Health Summit in New Delhi, Goyal emphasized the need to unlock India’s full potential in medical travel by easing visa…
In a moment that blended nostalgia with entrepreneurial triumph, Lenskart’s co-founder and CEO Peyush Bansal was presented with a framed copy of the company’s first-ever term sheet by early investor TCM Sundaram, co-founder of Chiratae Ventures. The gesture came during the eyewear unicorn’s stock market debut, marking a full-circle moment for a startup that began…
India is poised to become the world’s largest market for Scotch whisky, both in terms of volume and value, according to the Scotch Whisky Association (SWA). The announcement was made by SWA Chief Executive Mark Kent, who emphasized India’s rapid economic growth, rising middle-class affluence, and evolving consumer preferences as key drivers behind this transformation….
In a decisive statement that has stirred debate across India’s financial ecosystem, Finance Minister Nirmala Sitharaman declared that the government will not restrict retail investors from participating in Futures and Options (F&O) trading. Speaking at the SBI Banking and Economics Conclave in Mumbai on November 6, 2025, Sitharaman emphasized that while retail participation in derivatives…
Union Finance Minister Nirmala Sitharaman has reaffirmed India’s economic ascent, stating that the country is poised to become the world’s third-largest economy in the near future. Addressing students at the Delhi School of Economics on November 4, 2025, she highlighted the government’s achievements in fiscal discipline, infrastructure investment, and poverty alleviation. A key milestone cited…
India’s automobile industry witnessed a historic milestone in October 2025, as passenger vehicle (PV) sales soared to a record-breaking 4,70,227 units, marking a 17.23% year-on-year growth compared to 4,01,105 units in October 2024. This surge was fueled by the dual impact of the recently implemented GST 2.0 reforms and robust festive season demand, which significantly…
In a significant corporate development, Dr. Urjit Patel, former Governor of the Reserve Bank of India (RBI), has officially resigned from his position as Non-Executive Independent Director of Britannia Industries Limited. The resignation, effective October 30, 2025, was confirmed through an exchange filing by the company. Patel’s departure comes as he prepares to take on…
Union Electronics and IT Minister Ashwini Vaishnaw has reaffirmed India’s commitment to building a comprehensive electronics manufacturing ecosystem, stating that the country is now moving beyond finished products to designing and producing core components, equipment, and materials. Speaking after the government approved seven new projects worth ₹5,532 crore under the Electronics Components Manufacturing Scheme (ECMS),…
India’s largest stockbroker by revenue, Zerodha, is set to roll out a long-awaited feature that will allow Indian investors to trade in US stocks through the GIFT City route starting next quarter. The announcement was made by Zerodha founder and CEO Nithin Kamath during a recent Ask Me Anything session, where he confirmed that the…
In a significant shift in funding dynamics, recent investments into Adani Group companies have been led not by India’s state-run Life Insurance Corporation (LIC), but by major US life insurers and global financial institutions. This development marks a turning point in the conglomerate’s capital sourcing strategy, as international insurers like Athene Insurance and Apollo Global…
India’s economy is projected to grow between 6.7% and 6.9% in the current fiscal year (FY26), according to Deloitte India’s latest India Economic Outlook report. The forecast, released on October 23, 2025, reflects a 0.3 percentage point upgrade from Deloitte’s previous estimate, citing buoyant domestic demand, accommodative monetary policy, and structural reforms as key growth…
Bondholders of Tata International Limited (TIL) have raised urgent concerns over the redemption timeline and terms of ₹800 crore worth of non-convertible debentures (NCDs) issued in December 2022. With the first optional call date approaching in December 2025, investors are seeking clarity from the company on whether it intends to redeem the bonds or allow…
In a bold expansion of the Trump family’s business footprint, Colombier Acquisition Corp. III, a blank-check company backed by Donald Trump Jr. and financier Omeed Malik, has filed for a $260 million initial public offering (IPO) in the United States. The filing, submitted on October 17, 2025, marks a significant milestone in the Trump family’s…
Fugitive diamond tycoon Nirav Modi, wanted in India for his alleged role in the ₹6,498 crore Punjab National Bank (PNB) fraud, has stirred fresh controversy by claiming “sensational developments” are imminent ahead of his UK extradition hearing scheduled for November 2025. The 54-year-old businessman, who has been imprisoned in London since 2019, made the statement…
Reliance Industries Limited (RIL) has reported a robust performance for the second quarter of FY26, with strong contributions from its Oil-to-Chemicals (O2C) segment, Reliance Jio, and Reliance Retail. Despite macroeconomic headwinds and volatile energy markets, the conglomerate posted a 13% year-on-year rise in consolidated EBITDA, showcasing its diversified business strength and operational agility. The results…
