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Mumbai-based luxury real estate firm Arkade Developers Ltd saw its shares climb 4.17% on June 16, 2025, following the announcement of a ₹2,000 crore residential project in Thane, Maharashtra. The stock touched a high of ₹199.45, up from its previous close of ₹192.10, reflecting strong investor confidence in the company’s strategic expansion. Strategic Land Acquisition…

In a major milestone for India’s high-speed rail ambitions, a Siemens-led consortium has bagged a ₹4,100 crore contract from the National High-Speed Rail Corporation Limited (NHSRCL) to deliver advanced signalling and telecommunication systems for the Mumbai-Ahmedabad Bullet Train corridor. Consortium Partners and Scope of Work The winning consortium includes Siemens Limited, Siemens Mobility GmbH, and…

In a major boost to India’s industrial landscape, Uganda-based conglomerate Madhvani Group has announced plans to invest up to ₹10,000 crore in India over the next five years. The announcement follows a high-level meeting between Group Promoter Shrai Madhvani, his wife Aparna Madhvani, and Group Director Nitin Gadhia with Prime Minister Narendra Modi in New…

Sterlite Technologies Ltd (STL) is making a bold play in the global data centre market, unveiling a new suite of AI-optimized connectivity solutions as it targets a $1 billion opportunity worldwide. The move comes as demand for high-performance, scalable, and sustainable data centre infrastructure surges, driven by the exponential growth of AI workloads. AI Workloads…

The Central Bureau of Investigation (CBI) has registered a case against Supertech Limited, its top directors, and unidentified bank officials for allegedly defrauding IDBI Bank of ₹126.07 crore. The case stems from a 2014 term loan of ₹200 crore extended under a consortium arrangement with Union Bank of India, which Supertech allegedly defaulted on, leaving…

A US-based Non-Resident Indian (NRI) faced a harrowing tax ordeal after selling a property in Pune for ₹2 crore, all due to a technical error by the buyer—who used the wrong TDS form while deducting tax at source. The mistake triggered a ₹46 lakh tax demand from the Income Tax Department, despite the NRI having…

In a major crackdown on tax evasion, the Delhi Government’s Department of Trade and Taxes has uncovered a ₹14 crore Goods and Services Tax (GST) refund fraud, retrieving ₹1.16 crore and arresting one key accused. The operation marks a first-of-its-kind data-driven investigation, leveraging big data analytics and banking chain analysis to trace illicit fund flows…

Zerodha co-founder and CEO Nithin Kamath has raised alarm over a sharp rise in broker impersonation scams, urging investors to stay vigilant as the Securities and Exchange Board of India (SEBI) introduces a new UPI security framework to curb fraud in the capital markets. “Scammers Are Impersonating Brokers” – Kamath Warns Taking to X (formerly…

Global biopharmaceutical major Biocon Ltd, led by Kiran Mazumdar-Shaw, is set to launch a Qualified Institutional Placement (QIP) worth up to ₹4,500 crore, possibly as early as this week, according to multiple reports. The capital raise is aimed at reducing the company’s ₹1.2 billion net debt and bolstering its financial health. Top Investment Banks Advising…

India’s equity markets have defied global trends in 2025, with the Nifty 50 index surging over 5% year-to-date, even as foreign portfolio investors (FPIs) pulled out $10.6 billion—the highest outflow among Asian economies. This paradox has sparked widespread curiosity: what’s keeping Indian markets buoyant amid such heavy foreign selling? Domestic Institutional Investors (DIIs) Take the…

India is poised to become a global electronics manufacturing powerhouse, with domestic production projected to reach $500 billion by 2030, according to a new report by PwC. The forecast highlights India’s growing appeal amid global supply chain realignments, robust domestic demand, and policy-driven incentives. Three Growth Scenarios: Conservative to Ambitious The report outlines three potential…

Tata Motors Ltd. has flagged a near-zero free cash flow outlook for FY26, citing mounting macroeconomic and operational challenges at its UK-based luxury arm, Jaguar Land Rover (JLR). The announcement triggered a sharp 5% drop in Tata Motors’ stock, which closed at ₹673 on June 16, 2025. JLR’s Revised Guidance Sparks Investor Concerns In its…