The announcement came after delegates representing 74 Commonwealth member nations and territories voted in favour of India’s bid during the Commonwealth Sport General Assembly in Glasgow. India has officially been ratified as the host city for the Centenary Commonwealth Games in 2030, marking a major milestone both for India and the global Commonwealth Sport Movement. The announcement came after delegates representing 74 Commonwealth member…
Asian Paints will invest ₹340 crore to set up a 55,800 KL annual-capacity manufacturing plant in Abu Dhabi’s KEZAD, strengthening its fast-growing international business. Asian Paints is planning to invest Rs 340 crore to set up a manufacturing facility in the United Arab Emirates. In an exchange filing, the company said Berger Paints Emirates, its step-down wholly owned subsidiary, is proposing to set up a paint manuf…
myTVS recently signed an MoU with the UAE-based Transguard Group to provide a complete end-to-end logistics solution that will target fleet, enterprise and consumers across all industries in the UAE Chennai-based myTVS, a digital automotive aftermarket platform, is taking the Indian model overseas with its operations in Dubai set to commence in the next 30-60 days, said G Srinivasa Raghavan, Managing Director, myTVS. “From Dubai, …
· Data centre space heats up as Reliance JV announces $11 bn investment in Vizag https://bit.ly/3XELQb3 · Engineers India gets major order for petrochem plant from Dangote Group https://bit.ly/484edVV · SEBI weighs overhaul of promoter definition for IPO disclosures https://bit.ly/4pyANMk ·  …
With the completion of construction of the Shri Ram temple, the tourism economy will get a booster. PM Narendra Modi hoisted a sacred flag to mark completion of the Ram Mandir in Ayodhya today. With Ayodhya becoming a centre of spiritualism, religious tourism has emerged as the main source of revenue for the government. In a conversation with Business Today, market expert Tapan Doshi says Ayodhya is going to be a major hub for tourism.... Mo…
Industry representatives argue that global acceptance of Indian Pharmacopoeia could significantly reduce export costs and make Indian drugs more affordable to developing nations India is intensifying efforts to secure broader global acceptance of the Indian Pharmacopoeia, aiming to push its recognition to 50 countries...... More https://bit.ly/43Qglyb Via business-standard.com
The company will set up 250 electric vehicle charging stations, each with 180 kW, as a part of the company’s vision to unlimit electric mobility through its Charge_IN ultrafast charging network The company will set up 250 electric vehicle charging stations, each with 180 kW, as a part of the company’s vision to unlimit electric mobility through its Charge_IN ultrafast charging network, aligning with the government’s priority of …
· Trade pact imbalance: India to discuss non-tariff measures with Japan https://bit.ly/4p3TNm5 · Power Ministry convenes energy stack task force meet to review digital infra https://bit.ly/4pDaqoF · India mulls extending safeguard duty on steel imports https://bit.ly/482fSeD · …
The transaction is to be executed through a primary infusion of roughly $3 billion, or ₹26,850 crore, and the proposed investment is to be made via a preferential issue of up to 60% in RBL Bank The brass of RBL Bank and Emirates NBD (ENBD) met in Mumbai on Monday to discuss the broad contours of the future business plan for the Indian private lender. The full-day meeting, held at Trident Nariman Point (following a dinner on Sunday), was…
Under the agreement, the new entity will localise manufacturing, supply and maintenance of HAMMER munitions for the Indian Air Force (IAF) and the Indian Navy. India has moved to deepen its defence-manufacturing capabilities with a major joint venture between Bharat Electronics Limited (BEL) and France’s Safran Electronics & Defence (SED). The Ministry of Defence on Monday announced the signing of an agreement to produce …
The reason for the proposed move is that recovering funds from borrowers with criminal backgrounds comes with its own challenges, as they can pose significant difficulties for the banks’ recovery apparatus Banks’ may no longer restrict themselves to only checking credit scores, assessing cash flows, taking collateral, etc, when extending loans. They are likely to go a step further by specifically running a check on the criminal record…
· Banks’ weigh legality of accessing borrowers’ criminal records for loan decisions https://bit.ly/4of2zfO · Could this shift India’s air power? India-France JV to build HAMMER precision weapons locally https://bit.ly/4pnDhgu · ChatGPT Go's free year turns Indian markets into its biggest test bed https…
· India's message clear, trade should be trusted: PM Narendra Modi at G20 https://bit.ly/4pyLPRT · GST 2.0 to push up passenger car industry growth to 5%: Stellantis India CEO https://bit.ly/4riZ1M2 · Adani acquires Trade Castle Tech Park for ₹231 cr https://bit.ly/4a8nGwK ·  …
India's platform economy, including giants like Flipkart, Zomato (Eternal), and Swiggy, has welcomed the operationalization of the Code on Social Security (CoSS), 2020. India’s platform economy spanning e-commerce, quick-commerce, and ride-hailing, has largely welcomed the Centre’s move to operationalise the Code on Social Security (CoSS), 2020, terming it a necessary step toward formalising the country’s gig work…
It’s time to convert theachievement into a launchpad for a self-reliant energy future India’s early feat in reaching 20 per cent ethanol blending (E-20) in petrol, five years ahead of its 2030 target, marks an accomplishment in the nation’s energy transition journey. This is an outcome of strong policy governance and the dedicated efforts of the sugar, bio-energy and automotive sectors....
Seven Indian companies secured new orders worth nearly ₹5,000 crore this week across defence, clean energy and infrastructure. Here’s the full list of the latest order wins and project awards. The order book for India Inc has been buzzing, and this week several large cap companies added new orders to their kitty. From multi-crore defence exports and clean energy mandates to international transmission line projects, firms across sect…
Two additional Chinese carriers have applied to begin India-China flights, adding momentum to the gradual reopening of air links as bilateral ties improve Two more Chinese carriers — Suparna Airlines and Jiangsu Jingdong Cargo Airlines — have approached the Indian government to start flights between the two countries, sources privy to the development told Business Standard on Friday..... Source https://bit.ly/4odJ6MC Via b…
PMS assets have jumped sevenfold to ₹8.37 lakh crore, alongside a rise in SEBI-registered managers to 495 The assets under management of Portfolio Management Services and Alternative Investment Funds have increased at a CAGR of 31 per cent over the last 10 years, to ₹23.43 lakh crore as of September-end, from ₹1.54 lakh crore.....
To become a global aviation powerhouse, India must strengthen its airport infrastructure further, enable transit hubs, enhance Maintenance, Repair, and Overhaul capabilities and enhance skilling India stands on the threshold of an extraordinary transformation of its aviation sector, as it takes wing to become the world’s third-largest aviation market. This remarkable journey is much more than a story of numbers. It is about the vision, stra…
· Sudeep Pharma IPO opens today: Check GMP, subscription, and 5 critical details https://bit.ly/4o6jsJi · Indian aviation can soar to greater heights bl-premium-article-image https://bit.ly/43JaGKa · Marriott debuts Series by Marriott brand in India with 26 hotels https://bit.ly/4oRJAZR · &…
Vedanta Ltd on Wednesday said it has incorporated a wholly-owned subsidiary ‘Vedanta Finance IFSC Ltd’ in the International Financial Services Centre (IFSC) at Gift City, Gujarat, to meet the company’s objectives of optimising treasury operations, cost of funding, and liquidity management.....
The need for a unified and platform-based solution for business is the major growth driver in India, says Hariharan Muralimanohar, Global Head of Marketing, Zoho One Zoho One, the all-in-one business software platform from SaaS major Zoho, has registered 39 per cent year-on-year customer growth in FY25 and expects to grow at a similar pace over the coming years.....
Rising indices, strong liquidity, and renewed FOMO drove more retail investors towards direct equity investments The growing FOMO (fear of missing out) syndrome and buoyant primary and secondary markets have pushed the number of new demat accounts opened last month to a 10-month high....
· Demat accounts climb to record 21 crore amid IPO boom https://bit.ly/49tCzJP · Banks to up scrutiny on loans to export-driven cos post RBI’s relief measures https://bit.ly/47QZQnW · Zoho One’s India business clocks 39% customer growth in FY25 https://bit.ly/4pEY6Er · &nb…
With the current share of 17 per cent, the railways is expected to earn ₹12,800 crore in the current financial year Indian Railways today announced it has reduced and streamlined freight rates for cement and launched a new bulk terminal policy for setting up dedicated facilities at railway land, aiming to triple cement freight volumes.... More https://bit.ly/3JVbHIq Via business-standard.com
India's GCC sector expects 3.46 million jobs by 2030, driven by AI adoption and a major shift to Tier 2/3 cities. The Global Capability Centres (GCCs) sector is expected to see an 11 per cent increase in jobs, taking the total workforce count to 2.4 million by 2026 and 3.46 million by 2030, said a NLB Services report....
According to industry sources, the Expenditure Finance Committee has reviewed the proposal, which earmarks ₹18,000 crore for new airport development and ₹12,000 crore for viability gap funding The outlay for the modified UDAN (Ude Desh Ka Aam Nagrik) regional air connectivity scheme has been proposed at ₹30,000 crore, industry sources told businessline.....
· India’s IGL enters Saudi gas market with Masah https://bit.ly/4rkKgIW · Govt plans big ₹30,000 crore push for next phase of UDAN https://bit.ly/4oPr1Wd · Nuvoco VIstas Corp acquires Vadraj Energy for ₹200 crore https://bit.ly/485NmaX · Zydus partners with SIG t…
In FY25, for instance, more than 300 companies turned debt-free. Moreover, the cash on their books had doubled by the end of the year. India Inc continues to remain flush with funds. With their businesses doing well, companies are sitting on a cash pile estimated at Rs 14.19 lakh crore at the end of September 2025. While cash and bank balances are more or less similar to those at the end of the March 2025 quarter, they are nearly 11.2% …
4.5-6 million weddings in 45 days, adding nearly 2% to India’s GDP. As Dalal Street winds down from a blockbuster year of equity offerings, another kind of IPO is just beginning, one not listed on any exchange, yet commanding premium valuations. Welcome to family IPO, India’s wedding season is in full swing, projected to raise a staggering $74 billion (Rs 6.5 lakh crore) over just 45 days, nearly 2% of the nation’s&nbs…
India’s Indraprastha Gas Ltd. has partnered with Saudi Arabia’s Masah Construction Co. to explore opportunities to develop and operate natural gas distribution networks in the Kingdom. The agreement marks IGL’s first overseas venture and supports Saudi Arabia’s plans to expand cleaner and more efficient natural gas infrastructure across industrial zones. The partnership also strengthens energy and economic ties betwe…
· First tranche of US-India bilateral trade agreement 'near closure' https://bit.ly/444e4PS · India Inc sitting on cash pile https://bit.ly/4pehnMm · India imposes curbs on select platinum jewellery imports; licence now required https://bit.ly/3K05D16 · After equity IPO, it&rsq…
NTPC is targeting a 30% share (30 GW) of India's proposed 100 GW nuclear capacity by 2047. State-owned electricity producer NTPC plans to set up nuclear power projects with 700 MW, 1,000 MW and 1,600 MW capacity across various locations in the country, a senior company official said.....
Retailers believe that larger stores not only enhance discovery and storytelling but also drive better throughput Retailers are rewriting their expansion playbook as large-format stores emerge as the next big lever for growth. After years of prioritising compact, high-efficiency outlets, brands like Tanishq, Lifestyle and Zudio are now expanding their store sizes to improve product discovery, boost basket value and deepen category penetration....…
At the 30th CII Partnership Summit, the Andhra Pradesh government secured investment MoUs worth over ₹11 lakh crore—including major deals with companies like Reliance Industries—expected to generate 1.3 million jobs. In two days of the 30th CII Partnership Summit, the Andhra Pradesh government has signed hundreds of MoUs with corporates attracting investments of over Rs 11 lakh crore and counting. The signed deals are like…
· Should you subscribe to Capillary Technologies IPO? https://bit.ly/4oUViTi · ‘India is expected to outperform its GDP projections this year, ‘ says Rajiv Memani, President, CII https://bit.ly/47HNWww · Eight of India’s top 10 companies add over Rs 2 lakh crore in market value last week https://b…
The company has also begun efforts on the raw material front and is exploring the acquisition of overseas uranium assets State-owned electricity producer NTPC plans to set up nuclear power projects with 700 MW, 1,000 MW and 1,600 MW capacity across various locations in the country, a senior company official said. NTPC is targeting a 30 per cent share (30 GW) of India's proposed 100 GW nuclear capacity by 2047..... More https://bit.ly/3XxQjvQ…
Andhra Pradesh CM N Chandrababu Naidu is positive that Google will increase its $15 billion investment in Visakhapatnam AI data centre after 5 years. Amid the Confederation of Indian Industry’s (CII) ongoing 30th edition of the Partnership Summit 2025 in Visakhapatnam, Andhra Pradesh is already experience boost in its stance as the country’s new futuristic city. At a time like this, Alphabet Inc’s Google’s potent…
Knowing what IRDAI regulations say about coverage, exclusions, claims and premiums, and the escape clauses available to insurers, can help you avoid heartburn Of all the financial products out there, it is health insurance that causes the most heartburn. Write anything on health insurance, and you instantly get scores of reactions from angry folk who are unhappy with their health insurance experience or have had their claims stonewalled by the in…
Total capital commitment for 50:50 JV pegged at Rs 7,200 crore. Auto major Mahindra & Mahindra (M&M) has forayed into the life insurance business with the signing of an agreement with Canada’s Manulife to set up a 50:50 joint venture (JV). The total capital commitment for the venture, which is subject to regulatory approvals, is pegged at Rs 7,200 crore ($800 million) with each partner contributing Rs 3,600 cror…
The planned investment is in line with the group’s 2030 strategy focusing on high-growth regions Global logistics company DHL group will invest €1 billion in India by 2030 deepening its commitment to the market. The investment covers previously announced projects and fresh investment in supply chains and warehouses to support e-commerce, clean energy and pharmaceutical sectors in India.....
Ministry of Defence has inked a contract with Bharat Dynamics Limited (BDL) for the procurement of INVAR Anti-tank Missiles at a total cost of Rs 2,095.70 crore, under the 'Buy (Indian)' category. The contract was signed by senior officials of the Ministry of Defence and representatives of BDL in the presence of Defence Secretary Shri Rajesh Kumar Singh at South Block, New Delhi on November 13, 2025. The procurement of the INVAR Anti-tank Missile…
The Ministry of External Affairs (MEA) has announced the successful rollout of the upgraded version of its flagship Passport Seva Programme(PSP). The rollout includes the Passport Seva Programme(PSP V2.0), the Global Passport Seva Programme (GPSP V2.0), and the e-Passport, for citizens in India and those who are residing abroad.In keeping with the Ministry’s commitment to continually enhance the quality of passport-related services and to i…
· India's Q2 economic growth may have surpassed RBI's 7% projection https://bit.ly/3XpFZWK · Should you subscribe to Fujiyama Power Systems IPO? https://bit.ly/49iAOiH · DHL group to invest €1 billion in India https://bit.ly/4hYvR0B · Tata Steel eyes 7-7.5 MT capacity expa…
‘India, known as the pharmacy of the world, is a powerhouse in pharmaceuticals and medical technologies, and there is a huge scope of cooperation and collaboration between the two countries amid the Royal Government moving forward with the noble mission of universal healthcare.’ A senior official in the Ministry of Health has urged Indian pharma companies to explore opportunities in Cambodia, alongside supporting the country’s h…
Congratulating the new direct flight, Prime Minister Hun Manet on his social media writes that the launch reflects the close cooperation between the governments of the two countries. InterGlobe Aviation Limited (IndiGo), an Indian low-cost airline, today launches its first direct flights to Cambodia, connecting Kolkata city to Siem Reap province with three weekly services using Airbus A320neo aircraft.... More https://bit.ly/3Xslx7y Via khme…
· IndiGo launches direct Kolkata-Siem Reap (Cambodia) flights today https://bit.ly/3Xslx7y · Indian pharma firms urged to explore opportunities in Cambodia https://bit.ly/3JRpSxW · Welspun Corp eye biz from interlinking of rivers in Madhya Pradesh, Maharashtra & Rajasthan https://bit.ly/48aGqdI · &…
MapmyIndia Mappls has secured significant agreements with Survey of India and Indian Oil Corporation Ltd. The company will power Survey of India's National Geo-Platform and provide IoT-based location tech solutions to IOCL. These partnerships are set to expand MapmyIndia's presence in government and related sectors. Homegrown digital maps and platforms company MapmyIndia Mappls on Tuesday announced that it has entered into key agre…