The second phase will support chip design through grants and equity investment, while semiconductor equipment, chemicals, gases and materials will receive a 30 per cent incentive The Union Cabinet on Wednesday approved the second phase of the India Semiconductor Mission (ISM) with an outlay of Rs 1.27 trillion.  The Cabinet also cleared the second phase of the Mobile Phone Manufacturing Scheme with an outlay of Rs 62,500 crore..... More …

As GCCs fuel demand for premium workspaces and malls continue to attract footfalls, REITs are turning commercial real estate into a rewarding investment proposition. Think of the most iconic or prominent office parks and commercial hubs across Mumbai, Bengaluru, the National Capital Region (NCR), Hyderabad, Chennai, Ahmedabad, or Kolkata, and chances are that these are run by one of the many real estate investment trusts (REITs)..... More ht…

  Route intended for companies that do not require fresh fundraising but still want the benefits of being publicly listed Companies looking to go public without raising fresh capital could soon have a formal route to list in GIFT City, with the International Financial Services Centres Authority (IFSCA) proposing a regulatory framework for the direct listing of equity shares and convertible securities without an initial public offering (IPO).…

·       New Services Index out; 14 sub-sectors grow strongly https://bit.ly/3RF7aO1 ·       Direct tax collection jumps 16% to ₹6.5 lakh crore https://bit.ly/4w5h7Dy ·       Zero tariffs, bigger opportunity: Indian exporters upbeat about competitive edge in UK market https://bit.ly/4fBkXOJ ·       I…

The proposed data center investment shall be made through the company’s new subsidiary and step-down subsidiaries that will be set-up for this business. HCL Technologies posted a 20 percent year-on-year  (YoY)  rise in net profit for the June quarter at INR 4,624 crore. As part of its AI-led transformation, the company will invest up to INR 3,500 crore to establish AI data centers, with the potential to scale to 50MW of capacity..…

The IT major will deploy AI-led digital systems to improve airport operations, passenger experience and airline efficiency at the revamped terminal Tata Consultancy Services (TCS) has secured the technology and innovation mandate for New Terminal One at New York’s John F Kennedy (JFK) International Airport, the company said in an exchange filing..... More https://bit.ly/4wF0D4P Via business-standard.com

  The move simplifies payments for Indian users while reinforcing Anthropic’s expansion in one of its fastest-growing markets AI major Anthropic has started rolling out pricing in Indian currency for users in one of its key markets. Users of Claude are now seeing Indian pricing for Anthropic’s AI chatbot across its Pro and Max variants......

·       Indian kharif sowing deficit narrows, as 48% of normal area complete; paddy acreage dips 9% https://bit.ly/4yjd5sH ·       Supreme Court refuses to stay SAT relief for Bombay Dyeing, Wadias https://bit.ly/3SOZ3yR ·       Hydrogen-powered trucks, buses get 7-year permit exemption given to EVs, ethanol-powered vehicles https://bit.…

- The initiative will begin with a pilot facility to produce formic acid using captured CO₂ and renewable electricity, followed by a phased scale-up to commercial manufacturing. - The partnership marks Adani Group's strategic expansion into low-carbon chemicals, building on its renewable energy and infrastructure strengths. - The partners will also explore other critical chemicals used across industries seeking to reduce emissions. - The collab…

  He said this during the official commissioning ceremony of the indigenously-built advanced stealth frigate INS Mahendragiri at the Naval Dockyard in Visakhapatnam Defence Minister Rajnath Singh on Saturday said the Navy successfully evolved as a robust guardian of the nation’s financial stability during the West Asia crisis, safely safeguarding 19 cargo vessels carrying goods worth over ₹9,000 crore. Singh made the remarks in his a…

Prime Minister Christopher Luxon and Indian Prime Minister Shri Narendra Modi have signalled their two countries’ ambition to do more together by elevating their relationship to a Strategic Partnership. “This is a major step in the relationship between New Zealand and India, and signals our shared ambition to do more together,” Mr Luxon says. “On this historic visit, Prime Minister Modi and I have backed that ambition with…

With an annual revenue run rate of roughly $200 million, the company is now EBITDA profitable and generating cash—a milestone many digital-first consumer startups struggle to reach. In the past decade, India has produced global IT services giants, pharmaceutical champions and a new generation of SaaS startups. Now, a new category is emerging: global consumer brands built from India. At the center of that shift is Ananth Narayanan, founder a…

The meeting yielded 18 concrete outcomes, including 10 agreements. Among the key announcements were a roadmap to expand bilateral ties over the next four years, a framework to enhance Indo-Pacific maritime cooperation, and a reciprocal logistics support pact between the Indian Navy and the New Zealand Defence Force. India and New Zealand on Saturday took a major step towards deepening their partnership, signalling a shared vision for stronger eco…

The proposed investments are expected to create over 11,000 direct jobs while boosting Jharkhand’s manufacturing ecosystem and clean energy capacity Industrialist Naveen Jindal on Friday announced plans to invest over Rs 70,000 crore to set up steel, nuclear energy and renewable energy projects in Jharkhand. The group has also signed an agreement in this regard with the government of Jharkhand, Jindal said in a video message..... More …

Apollo Micro Systems will buy a 41.33% stake in Premier Explosives for Rs 1,550 crore to boost defence and space capabilities; see details. Apollo Micro Systems has signed a definitive share purchase agreement to acquire a 41.33% promoter stake in Premier Explosives for around Rs 1,550 crore in an all-cash deal. The acquisition is expected to be completed by the third quarter ending December , subject to regulatory approvals, shareholder approva…

Speaking after the company's earnings announcement, Krithivasan said TCS does not expect AI to reduce its overall workforce Artificial intelligence (AI) will not lead to an overall reduction in jobs at Tata Consultancy Services (TCS), CEO and Managing Director K Krithivasan said, even as the company accelerates its AI-led transformation strategy following its Q1 FY27 results. His remarks come at a time when concerns over AI replacing white-collar…

  Thierry Sabbagh of Nissan Group AMIEO on India’s role in Nissan’s global plans, premium SUVs, future technologies and the company’s growth strategy Nissan will launch its new seven-seat C-SUV by the first quarter of 2027 as part of a four-product offensive aimed at rebuilding its presence in India. The Japanese automaker is targeting a doubling of domestic sales as its product portfolio expands, while also growing exports…

·       AustralianSuper invests another AU$500 million in India’s NIIF https://bit.ly/4ycL5a7 ·       Australia to send senior business delegation to India in December, announces fresh investment push https://bit.ly/4wA2NCK ·       Indian industry pushes back against USTR’s Section 301 tariff plan https://bit.ly/4f2EA0I &midd…

Emirates, the world's largest international airline, will introduce its flagship A380 to Delhi from 25 October, making the Indian capital the third gateway in the country to be served by the iconic double-decker. The A380 will operate on flights EK512/513 in a four-class configuration, complementing the deployment of Emirates' retrofitted B777 aircraft, also in a four-class layout featuring Premium Economy, across its three other daily flights. W…

India widens customs duty relief for lithium-ion cell and electronics machinery, putting Dixon, Exide and peers in focus; track key stocks. Good news for stocks like Dixon and Exide and other manufacturers using lithium-ion cell. India has expanded customs duty exemptions on a wide range of machinery used in the manufacturing of lithium-ion cells and inductor coil module. The move is aimed at supporting domestic production of electronic devices l…

Gadkari said 75-80 per cent of the ₹1.10 lakh crore project had been completed. Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said the Delhi-Mumbai Expressway will be fully completed within two years, a move that could cut car travel time from Delhi to Mumbai's Nariman Point and Jawaharlal Nehru Port to about 12 hours. Speaking at a public gathering in Mandana after inspecting the expressway and the Mukundra Hills Tiger …

  The policy offers fiscal incentives, including capital subsidy, interest subsidy, power tariff subsidy, SGST reimbursement, electricity duty reimbursement, support for desalination plants and stamp duty exemptions. Betting big on India’s rapidly expanding digital infrastructure opportunity, the Gujarat government on Thursday unveiled its maiden Data Centre Policy 2026-29, targeting ₹6 lakh crore of investments and the creation of 7…

·       Indonesia Has Enough Money for BrahMos Missiles, Finmin Purbaya Says https://bit.ly/4go36vF ·       ASEAN-India joint panel sets strict timelines to speed up trade pact review https://bit.ly/4y9jDtE ·       India may allow agentic AI-led UPI transactions under new NPCI protocol https://bit.ly/4vgAWX5 ·   &nb…

Located near the Strait of Malacca, Sabang Port could reshape India's maritime strategy while boosting regional connectivity, trade, and security cooperation During Prime Minister Narendra Modi's visit to Indonesia this week, India and Indonesia agreed to jointly develop the strategically located Sabang Port while also signing defence agreements, including the export of BrahMos and Astra missile systems..... More https://bit.ly/4wr7sa0 Via b…

AIG is widely recognised as Nigeria's largest steel producer and one of West Africa's biggest manufacturers. Raj Gupta, the Indian billionaire & businessman who built African Industries Group into Nigeria's largest steel producer, has secured 500 hectares of land in Niger State to build what could become sub-Saharan Africa's largest solar-powered steel plant, according to a report by Business Insider Africa. The project marks another milest…

  SEPC will make a preferential allotment of 153 crore equity shares to the shareholders of Avenir at an issue price of ₹10 per share SEPC Ltd, the Chennai-based EPC company, will acquire up to 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi. This will be through a share swap transaction, says a company announcement to the stock exchanges. The acquisition will be undertaken by way of a preferential allotme…

·       Modi, Prabowo push deeper cooperation on critical minerals and rare earths https://bit.ly/4ybLV6V ·       Missile diplomacy: Indonesia signs pact to buy India’s BrahMos and Astra missiles https://bit.ly/4eQRe43 ·       IIM Bangalore to set up first overseas campus in Indonesia: PM Modi https://bit.ly/4vRh5yX · &…

An offer for sale by existing shareholders could take the fitness company's IPO size to as much as ₹4,000 crore Fitness and wellness company Cult.fit has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) that could raise as much as ₹950 crore in fresh capital as the company looks to capitalize on growing demand for health and wellness services in India. The offering will include a f…

He further said the request stood out because such large plots are rarely sought by individual buyers. Bollywood megastar Amitabh Bachchan sealed a ₹15 crore land deal in Ayodhya after a late-night call that caught a real estate entrepreneur, Abhinandan Lodha, by surprise, at a real estate event. Speaking about the deal, Lodha said Bachchan personally reached out at night to inquire about a large piece of land in Ayodhya, eventually leading to …

  Talks to cover cooperation defence, ports and critical minerals Prime Minister Narendra Modi’s visit to Indonesia is expected to result in new orders for Brahmos and Astra missiles, sources said. As a part of three nation official visit, Modi reached Jakarta last evening.....

·       India's largest retail chain to join Vietnam International Sourcing 2026 https://bit.ly/4wntI4t ·       IndianOil LNG gets green nod for ₹3,400-crore Ennore LNG terminal expansion https://bit.ly/3SDNVom ·       EV startups chase software revenues as margins tighten on vehicle sales https://bit.ly/4gk0dvP ·  &nb…

Industry and policy experts say the original framework helped exports but struggled to deliver the manufacturing transformation once envisioned India is preparing the most extensive overhaul of its Special Economic Zone (SEZ) framework since the SEZ Act came into force in 2005, as policymakers seek to revive a model that was once at the centre of the country's export strategy. The proposed reforms, often referred to as SEZ 2.0, come at a time whe…

Stock market: Morgan Stanley's Equity Strategists Ridham Desai and Nayant Parekh assigned 50 per cent probability -- the base case, on Sensex kissing 89,000 by June 2027. Morgan Stanley on Monday assigned a 25 per cent probability to the BSE Sensex hitting 1,00,000 by June 2027. It said this bull case scenario was based on assumptions including oil prices staying below $80 a barrel, reflation policies beginning to deliver results, and earnings gr…

  NSE plans to hold investor meetings across the US as well as in London, Singapore, Hong Kong, the Middle East and India National Stock Exchange of India Ltd., the operator of the world’s largest derivatives exchange by trading volume, is set to begin formal marketing as early as next week, according to people familiar with the matter, moving ahead with what could be one of the largest-ever initial public offerings in the country.....

·       India begins work on strategic natural gas storage after West Asia crisis https://bit.ly/4vMVK9I ·       Army offers ₹75,000 crore, five-year order pipeline to defence industry to spur long-term growth https://bit.ly/4f27w9c ·       Adani Defence breaks ground for ₹2,500 cr complex for medium- & long-range missile systems…

Prime Minister Modi described the inauguration of the CG Semi OSAT facility as another step towards making India a global hub for semiconductors and futuristic technologies Union Electronics and IT Minister Ashwini Vaishnaw on Saturday said chips manufactured at the newly inaugurated CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility in Gujarat's Sanand will be used in automobiles and industrial applications, while also being ex…

- Adani Enterprises Limited (AEL) and International Resources Holding (IRH), an IHC Group company through 2PointZero, will form a 50:50 joint venture to develop a USD 11.5 billion integrated greenfield aluminium project in Odisha. - The project comprises a 4 million metric tonnes per annum (MMTPA) alumina refinery, 2 MMTPA aluminium smelter and 1 MMTPA downstream manufacturing park, making it India's largest integrated aluminium investment. - The…

"Legendry Traders, operating through a Telegram channel, is allegedly providing securities market tips and offering account handling services to investors," the country's largest exchange stated. National Stock Exchange of India Ltd (NSE) has recently issued investor caution advisories against two entities, namely Legendry Traders and Let's Trade India, for allegedly engaging in prohibited activities through various digital platforms..... More&nb…

- Maersk places order for 1,000 additional Made-in-India containers, reaffirming confidence in India’s growing maritime manufacturing ecosystem - We are building more than shipping containers, we are building a globally competitive maritime manufacturing ecosystem for a Viksit Bharat: Sarbananda Sonowal - CMPS Policy Targets Tenfold Jump in Annual Container Manufacturing Capacity upto 7.9 Lakh TEUs In a major milestone for India's maritime …

  India’s ship recycling volumes rose to 2.99 million gross tonnes (GT) in 2025, up 60% from 1.86 million GT in 2024, according to UNCTAD data India’s ship recycling industry is seeing growth one year since the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) came into force. The Indian recycling yards are making significant investments to comply with the Hong Kong Convention (KHC…

Evey Trans Pvt Ltd, an electric bus operator, will be the first of MEIL’s subsidiaries to come out with an IPO Megha Engineering & Infrastructures Ltd (MEIL) Group will be investing up to ₹40,000 crore in the next two to three years towards capital expenditure, aiming to achieve a topline of ₹2 lakh crore in five years, a top executive of the infra major has said....  

·       Modi, Takaichi initiate deeper cooperation in AI, economic security, energy, defence https://bit.ly/4woUnhr ·       SC scraps NCLT, NCLAT rulings over AI-generated fake precedents https://bit.ly/4v6ntB5 ·       Sensex crosses 77,400 level, Nifty gains 150 points as softer crude prices and IT buying lift sentiment https://bit.ly/4…

·       Break silos, focus on results: PM Modi's message at key meeting with secretaries https://bit.ly/3SRapCb ·       Finance Ministry clears ₹1.25-lakh crore for India Semiconductor Mission 2.0 https://bit.ly/4wEqJoL ·       Full import duty waiver on critical petrochemical products extended till July 15 https://bit.ly/4vFc4cv &midd…

Sarvam's success shows that India can build foundational AI infrastructure. The bigger opportunity may lie in domain-specific AI built for Indian realities and emerging markets As India accelerates its artificial intelligence (AI) ambitions, much of the spotlight has fallen on homegrown large language models (LLMs). Sarvam has emerged as a standout example, raising $234 million in its Series B funding round and pushing its post-money valuation to…

- Revised framework will accelerate delivery of critical systems and foster stronger collaboration with industry & academia, says Raksha Mantri- DFP-2026 will reinforce Aatmanirbhar Bharat vision & strengthen defence preparedness: RM Raksha Mantri Shri Rajnath Singh, on June 29, 2026, released the Delegation of Financial Powers to DRDO (DFP-2026), a major reform to enhance efficiency, accountability, and timely execution of strategic R&am…

VAHAN data shows PVs lead growth as EV and CNG adoption gains momentum.. India’s automobile registrations rose 19.4 per cent during January 1-June 25, 2026, with early VAHAN data showing the market steadily evolving into a multi-powertrain landscape as electric vehicles gained share across passenger vehicles, two-wheelers and organised L5 three-wheelers, while CNG strengthened its presence in passenger vehicles.....  

·       No political will to seal India-US trade pact under current terms https://bit.ly/3SSWCLo ·       India’s industrial production for May jumped 5.1% https://bit.ly/4gdZ8pf ·       Delhi Cabinet approves EV Policy 2.0 amidst concerns from ICE vehicle makers https://bit.ly/4vOAujO ·       Go…

India exports pharmaceuticals worth $30.5 billion annually but remains heavily dependent on China for raw materials. This is emerging as one of the biggest challenges facing the country's healthcare and manufacturing ambitions. In a Jan Aushadhi store in Patna, Bihar, a strip of paracetamol costs Rs 3. An antibiotic course that might cost several hundred rupees at a private pharmacy is available for a fraction of that amount..... More https:…