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India’s Mixed 4x400m Relay Team Wins Gold at Asian Athletics Championships 2025

India’s mixed 4x400m relay team delivered a spectacular performance, clinching gold at the Asian Athletics Championships 2025 with a dominant finish. The Indian quartet—Santhosh Kumar, Rupal Chaudhary, Vishal TK, and Subha Venkatesan—clocked an impressive 3:18.12 seconds, securing the top spot ahead of China (3:20.52s) and Sri Lanka (3:21.95s). However, in a surprising turn of events,…

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India to Launch Its First Indigenous Semiconductor Chip in 2025, Confirms IT Minister Ashwini Vaishnaw

In a major milestone for India’s tech industry, Union IT Minister Ashwini Vaishnaw has announced that the country’s first homegrown semiconductor chip will be rolled out in 2025. Speaking at the Confederation of Indian Industry’s (CII) Annual Business Summit, Vaishnaw revealed that six fabrication units are currently under construction, marking a significant step in India’s…

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Rahul Gandhi Urges PM Modi for Immediate Relief Package for Poonch Amid Devastation from Pakistani Shelling

Congress leader Rahul Gandhi has written to Prime Minister Narendra Modi, demanding a concrete and generous relief package for the residents of Poonch and other areas affected by Pakistani shelling earlier this month. During his recent visit to Poonch, Gandhi witnessed firsthand the widespread destruction, where 14 people, including four children, lost their lives, and…

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Mumbai’s ₹639 Crore Property Deal: Pharma Tycoons Drive Luxury Real Estate Boom

India’s luxury real estate market has hit a new milestone, with Leena Gandhi Tewari, Chairperson of USV Pvt Ltd, purchasing two ultra-luxurious sea-facing duplex apartments in Mumbai’s Worli for a staggering ₹639 crore. The transaction, including stamp duty and GST, brings the total deal value to ₹703 crore, making it India’s most expensive residential property…

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Saarathi Finance Secures ₹475 Crore Equity Capital to Boost Credit Access for Micro & Nano Businesses

Saarathi Finance, a newly licensed non-banking financial company (NBFC) focused on empowering micro, small, and medium enterprises (MSMEs), has successfully raised ₹475 crore in its Series A funding round. The capital infusion aims to bridge the credit gap for underserved businesses, particularly in semi-urban and rural regions across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Rajasthan,…

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IEPFA & SEBI Launch ‘Niveshak Shivir’ to Help Investors Reclaim Unclaimed Dividends & Shares

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, in collaboration with the Securities and Exchange Board of India (SEBI), has launched ‘Niveshak Shivir’, a pilot initiative aimed at helping investors reclaim unclaimed dividends and shares. The first camp is scheduled to take place on June 1, 2025, in Pune….

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Adar Poonawalla Plans $1 Billion Capital Raise to Expand NBFC Operations

Adar Poonawalla, Chairman of Poonawalla Fincorp, has announced plans to raise $1 billion by the end of 2025 to expand the company’s non-banking financial operations. The capital infusion is expected to support aggressive growth in digital lending, personal loans, and SME finance, reinforcing Poonawalla Fincorp’s position in India’s evolving credit market. Strategic Expansion & Capital…

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Welspun Corp Q4 Results: Net Profit Soars 143% to ₹699.19 Crore, Order Book Crosses ₹19,500 Crore

Welspun Corp Ltd (WCL) has reported a remarkable 143% year-on-year surge in consolidated net profit, reaching ₹699.19 crore in the fourth quarter of FY25. The sharp increase was driven by cost optimization measures and operational efficiencies, despite a slight decline in revenue. Financial Performance & Key Highlights Robust Order Book & Expansion Plans Welspun Corp’s…

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Engineers India Secures ₹8,214 Crore Order Inflow in FY25, Expands into Non-Core Sectors

Engineers India Limited (EIL) has reported a record-breaking order inflow of ₹8,214 crore in FY25, marking a significant leap from the ₹3,405 crore secured in the previous fiscal. The company is now actively diversifying beyond its core oil & gas business, with a strong focus on power, renewables, nuclear, and mining. Sectoral Growth & Strategic…

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Ex-PwC Chief Shyamal Mukherjee Moves Supreme Court Over Retirement Settlement Dispute

Shyamal Mukherjee, former chairman of PricewaterhouseCoopers (PwC) India, has approached the Supreme Court in a legal battle against the firm over retirement settlement benefits. Mukherjee, who retired in 2021 after a 37-year tenure, alleges that PwC failed to honor the agreed financial terms of his exit package. Legal Dispute & Arbitration Battle Mukherjee initially sought…

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Ex-SEBI Chief Madhabi Puri Buch Cleared in Hindenburg Case by Lokpal

In a significant development, former Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch has been exonerated by the Lokpal of India in the high-profile Hindenburg case. The anti-corruption ombudsman dismissed all allegations against Buch, citing a lack of verifiable evidence and calling the complaints “untenable, unsubstantiated, and bordering on frivolity”. Background of…

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Zerodha to Infuse ₹125 Crore into NBFC Arm as Loan Book Crosses ₹400 Crore

Leading stock brokerage firm Zerodha is set to invest up to ₹125 crore in its non-banking financial company (NBFC) arm, Zerodha Capital, as part of its expansion strategy. The move comes as the company’s loan book surpasses ₹400 crore, reflecting strong growth in its secured lending business. Strategic Investment & Growth Plans Zerodha Capital, which…

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Engineers India Ltd (EIL) Reports Strong Q4 Results, Stock Surges on Robust Growth

Engineers India Ltd (EIL), a leading public sector undertaking (PSU) in engineering consultancy and EPC services, has reported impressive financial results for the fourth quarter of FY25. The company witnessed a 25% year-on-year revenue growth, coupled with a significant expansion in profit margins, driving a surge in its stock price. Financial Performance Highlights EIL’s revenue…

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Brainbees Solutions Q4 Results: FirstCry Parent’s Net Loss Widens to ₹111 Crore, Revenue Jumps 16%

Brainbees Solutions, the parent company of FirstCry, reported a consolidated net loss of ₹111 crore in Q4 FY25, widening from ₹43 crore in Q4 FY24, despite a 16% increase in revenue to ₹1,930 crore. Key Financial Highlights: Growth Drivers & Market Challenges Despite strong revenue growth, Brainbees Solutions faced higher operational expenses, contributing to the…

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Reliance General Insurance Net Profit Rises 12.5% to ₹315 Crore in FY25, Eyes Growth Under New Promoter IIHL

Reliance General Insurance, now under IndusInd International Holdings Ltd (IIHL), has reported a 12.5% increase in net profit, reaching ₹315 crore for FY25, marking a strong recovery after nearly three years under insolvency proceedings. Key Financial Highlights: Strategic Growth Under IIHL IIHL, backed by the Hinduja Group, acquired Reliance Capital via the insolvency process in…

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GMR Airports Shares May Re-Test ₹100 After Strong Q4, FY26 Outlook, Says Jefferies

GMR Airports Ltd. is poised for a potential price surge to ₹100, following a strong Q4 performance and an optimistic FY26 outlook, according to Jefferies. Key Financial Highlights & Growth Drivers Jefferies’ Revised Price Target & Market Sentiment Jefferies has raised its price target for GMR Airports from ₹92 to ₹100, implying a 15% upside…

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SEBI Imposes ₹25 Lakh Penalty on MCX for Incomplete, Delayed Disclosures

The Securities and Exchange Board of India (SEBI) has levied a ₹25 lakh penalty on Multi Commodity Exchange (MCX) for non-compliance with disclosure norms, citing incomplete and delayed regulatory filings. Key Regulatory Findings: Market Reaction & Compliance Measures MCX has assured stakeholders that it is strengthening its compliance framework to prevent future lapses. Analysts believe…

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JSW Steel Q4 Review: Morgan Stanley Says Results In Line, BPSL Overhang Remains

JSW Steel Ltd. reported Q4 FY25 earnings that were broadly in line with expectations, according to Morgan Stanley, but concerns over its Bhushan Power & Steel Ltd (BPSL) acquisition continue to weigh on investor sentiment. Key Financial Highlights: Morgan Stanley’s Analysis & BPSL Overhang Morgan Stanley maintained its ‘equal-weight’ rating on JSW Steel, noting that…

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NHAI Cuts Debt by 27% in FY25, Achieves ₹90,634 Crore Reduction Through Asset Monetization

The National Highways Authority of India (NHAI) has successfully reduced its debt burden by 27%, bringing total liabilities down to ₹2.44 trillion in FY25, compared to ₹3.35 trillion in FY24. This significant reduction was achieved through aggressive asset monetization, a freeze on fresh borrowings, and substantial loan prepayments. Key Debt Reduction Strategies: Infrastructure Growth &…

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Reliance Industries Faces ₹40,800 Crore Market Cap Loss as Bharti Airtel Gains Momentum

Reliance Industries Ltd (RIL) witnessed a ₹40,800 crore decline in market capitalization, emerging as the biggest loser among India’s top 10 most valued companies amid broader stock market weakness. Key Market Movements: Market Sentiment & Investor Outlook The decline in Reliance Industries’ valuation aligns with global uncertainties and profit-booking trends. Meanwhile, Bharti Airtel’s strong performance…

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From Balloons to Billionaire: The Inspiring Journey of MRF Tyres Founder K.M. Mammen Mappillai

K.M. Mammen Mappillai, the visionary behind MRF Tyres, transformed a humble balloon-selling business into India’s largest tyre manufacturer, now valued at ₹59,334 crore. His entrepreneurial journey, marked by resilience and ambition, continues to inspire business leaders across India. The Rise of MRF: From Balloons to Tyres Mappillai’s story began in Madras (now Chennai), where he…

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