For Rs 353 crore, Orkla acquired MTR Foods in February 2007. At that time, the latter was a regional brand with about Rs 135 crore in annual revenue built on the foundation of South Indian culinary traditions. Long before the traffic begins its daily argument, the air around the Lalbagh Fort Road in Bengaluru hums with something older, the clink of stainless steel tumblers, the hiss of the filter coffee being juggled and poured from a height, and…

As US startups stay private longer, India's open, vibrant capital markets are letting younger companies list sooner - and inviting retail investors to join the compounding early In 1980, Apple went public at a $1.8 billion market cap, just five years after its founding. Microsoft followed in 1986 at $800 million, 11 years after founding, and Nvidia in 1999 at $600 million, six years after founding. Today, these companies are the world’s mo…

Long-term partnership will strengthen Sanmar’s PVC production in Egypt and India, and support growth ambitions across MENA The Sanmar Group, a Chennai-based diversified company with a presence in chemicals, shipping, engineering and foundry businesses, has signed two product sale agreement term sheets with TA’ZIZ, the UAE’s chemicals and transition fuels ecosystem, for the supply of key petrochemical feedstocks....

The proposed range of $130–170 billion would place Jio among the country’s top three listed companies by market capitalisation, ahead of Bharti Airtel. Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier......

Currently, only two Indian banks — SBI (ranked 43) and HDFC Bank (73) — figure among the S&P Global Market Intelligence ranking of the world’s 100 largest banks by assets India needs many big and world-class banks. The Government will engage with the RBI and banks towards this end, said Union Finance Minister Nirmala Sitharaman......

·       ‘Developed India’ needs more big, world-class banks: FM https://bit.ly/47vstGY ·       SBI to list mutual fund arm through IPO https://bit.ly/3XhUbAY ·       Jio Platforms may seek $170 billion valuation ahead of record IPO https://bit.ly/3XeA2f4 ·       Shapoorji Pallonji’s …

The Central Bank of Bahrain (CBB) has overseen the signing of a pivotal partnership agreement between Bahrain’s payment network operator, Benefit, and NPCI International Payments (NIPL), the international arm of the National Payments Corporation of India (NPCI). The landmark collaboration will link Bahrain’s existing Electronic Fund Transfer System (EFTS), specifically the popular Fawri+ service, with India’s highly successful U…

The S1 Pro+ (5.2 kWh) is the first scooter to use the company’s indigenously developed 4680 Bharat Cell battery pack, produced at its state-of-the-art Gigafactory EV-player Ola Electric has commenced the deliveries of its 4680 Bharat Cell Powered Vehicles. The company’s exchange filing said the S1 Pro+ (5.2kWh) is the first product powered by the company’s indigenously manufactured cell battery pack.....

Proposes amendments in the existing statutes with emerging challenges India on Wednesday unveiled its AI Governance Guidelines, which do not propose a new law to regulate artificial intelligence but underscore the urgent need for a comprehensive review of existing statutes to identify regulatory gaps in relation to AI systems....

·       India unveils first AI governance framework, opts for adaptive regulation over new law https://bit.ly/3Lnwx3v ·       USL begins strategic review of RCB business, calls it ‘non-core’ to liquor operations https://bit.ly/47H9f02 ·       Ola Electric begins deliveries of 4680 Bharat Cell-powered S1 Pro+ scooters https://…

Earning growth will revive from next quarter with the benefit of cut in GST start stoking up consumption across sectors, says Franklin Templeton Asset Management (India) President Franklin Templeton India believes that the stock market will sustain growth and deliver better returns in the long run even as foreign investors continue to sell.....

More relevant and streamlined Stockbroker Regulations,1992 likely by December The Securities and Exchange Board of India (SEBI) is reviewing the recent trading glitch at the Multi-Commodity Exchange (MCX) that delayed the market opening by over 4 hours last Tuesday.....

Draft norms cap cancellation fees, mandate faster refunds, and introduce 48-hour “look-in” period India’s aviation regulator has proposed an overhaul of airline ticket refund and cancellation norms. The Directorate General of Civil Aviation (DGCA) has outlined a framework aimed at addressing long-standing passenger grievances over high cancellation charges, opaque fare structures, and delayed refunds.....

·       IPO rush: Lenskart’s ₹7,278-cr IPO ends 28x subscribed; Groww’s ₹6,632-cr issue off to brisk start https://bit.ly/3WEerN6 ·       Govt launches 3rd round of PLI scheme for speciality steel to attract investment https://bit.ly/4hJfi8U ·       L&T-BEL inducts Dynamatic Technologies for AMCA project https://bit.l…

Global major open to investing in more travel cos in India Dutch technology investor Prosus has identified India’s travel and hospitality sector as a fast-growing space and is open to investing in more travel firms in the country. This follows Prosus’ recent investment in traveltech platform and online travel aggregator (OTA) ixigo.... More https://bit.ly/48V8HG2 Via business-standard.com

Adani Power says it will continue to supply to Bangladesh in accordance with the Power Purchase Agreement Adani Power said on Monday that the company, along with the Bangladesh Power Development Board (BPDB), will pursue an international arbitration process to resolve disagreements related to issues surrounding payments for electricity supplied to Bangladesh.....

Institutional investors dominated the demand — QIBs subscribed 159.98 times, NIIs 76.62 times, and retail investors 20.41 times The initial public offering of Studds Accessories Ltd attracted robust demand with an overall subscription of 73.25 times on November 3, 2025. Among categories, qualified institutional buyers (QIBs) led the demand with a bid of 159.99 times, non-institutional investors (NIIs) followed with a subscription of 76.99 t…

·       Studds Accessories IPO roars with 73x subscription; institutions drive frenzy https://bit.ly/3WEtNBb ·       Govt can reassess all AGR dues of Vi, says SC https://bit.ly/47yW5C4 ·       Hinduja Group to invest ₹20,000 cr in AP in energy projects https://bit.ly/4nI5A85 ·       Bharti Airtel t…

October GST collections hit Rs 1.96 lakh crore, proving fears of massive revenue loss post-rate rationalisation unfounded, according to an SBI Research report. The strong momentum of goods and services tax (GST) collections in October belies not only the near-absurd fears of massive revenue losses post-rate rationalisation, but it also refutes the apprehension expressed by states about a perceived decline in GST revenue post-rationalisa…

Already, luxury hotels and lifestyle brands have made their mark in this space in India, including Four Seasons, The Ritz-Carlton, Marriott, Armani Casa, and Versace Home, among others In what could mark a new era in India’s branded residences landscape, an Italian touch may soon grace the country’s skylines, with the iconic Lamborghini family set to announce its first project.... More https://bit.ly/47wzOow Via business-standa…

India aims to double cruise passenger traffic to one million by 2029 India may offer group e-visas to cruise ship passengers from mid-2026 to smoothen the entry process at sea ports. This is among the various initiatives under consideration as India aims to double cruise passenger traffic to one million by 2029.....

·       Air India gets clearance for China flight ops https://bit.ly/4owcDSk ·       IndusInd, Invesco launch asset management joint venture in India https://bit.ly/4qARWGF ·       Adani Solar ships 15,000 MW of solar modules, strengthening India's clean energy drive https://bit.ly/48UJXxF ·       3M …

From Saturday, small and low-risk businesses will be able to obtain GST registration within three working days under a new simplified scheme introduced by the GST department. Small and low-risk businesses applicants whom the Goods and Services Tax (GST) system identifies based on data analysis, or those applicants who self-assess that their output tax liability will not exceed Rs 2.5 lakh per month (inclusive of CGST, SGST/UTGST and IGST) will be…

Volume was up by 5 per cent and value by 10 per cent in October versus September this year The Unified Payments Interface (UPI) system clocked its highest-ever numbers in volume and value in October, with 20.7 billion transactions worth Rs 27.28 trillion being made during the period, driven by increased business activities due to the festival season, coupled with GST 2.0 reliefs...... More https://bit.ly/47lpnFx Via business-standard.com

Over 20,000 firms, including 2,000 tier-1 and tier-2 suppliers, now power India’s indigenous defence ecosystem alongside private-sector players G Satheesh Reddy, Member of the National Security Advisory Board (Government of India), has stated that domestic sourcing of Defence components and equipment has increased significantly over the last few years.....

Elon Musk's Starlink is accelerating its India entry, having secured its GMPCS license and IN-SPACe authorisation. Elon Musk’s Starlink is moving closer to starting its satellite Internet operations in India. The company has started the hiring process and operational planning following regulatory clearances earlier this year.....

  Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26 The country’s largest carmaker Maruti Suzuki India Ltd (MSIL) is open to adjusting its product launch strategy if the sharp surge in small car sales seen since the reduction in goods and services tax (GST) continues, its Chairman R C…

Construction will start on Monday, and production is set to commence in 2029, a senior company official told businessline after the company signed an MoU with the TN government US auto major Ford will revive its Maraimalainagar factory near Chennai by setting up its first powertrain facility outside the US at a cost of ₹3,250 crore, Martin Everitt, Global Director, Powertrain Manufacturing Engineering, Ford Motor Company, US, told&nbs…

Augments the $3 billion investment made over the past three decades DP World has pledged to invest an additional $5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade. This is in addition to the $3 billion that DP World has already invested in India over the past three decades. These investments are focused on strengthening India’s infrastructure backbone, advancing multimodal …

Marking Ekta Diwas with the unveiling of Vivanta & Ginger Hotels Indian Hotels Company (IHCL), India’s largest hospitality company, marked its entry into Ekta Nagar today with the launch of two hotels under Vivanta and Ginger brands. Commemorating the 150th birth anniversary of Sardar Vallabhbhai Patel, IHCL inaugurated the two hotels as part of the Rashtriya Ekta Diwas 2025&nb…

RBI Deputy Governor T Rabi Sankar says rupee internationalisation aims to cut risk, not replace the dollar, as he flags stablecoin-linked currency substitution as a key threat Internationalisation of Indian rupee is not to replace the dollar but to reduce risk for Indian businesses by enabling more transactions in rupees, Reserve Bank of India Deputy Governor T Rabi Sankar said in a fireside chat with Tamal Bandopadhyay during…

Designed and built to POWERGRID’s specifications, the system allows rapid deployment in emergencies and improves grid flexibility, resilience, and disaster-readiness. Power Grid Corporation of India (POWERGRID) and Toshiba have launched the country’s first indigenously manufactured 220kV Mobile GIS (m-GIS) system. Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has delivered the system to POWERGRID....

Benefits include higher access to Gemini 2.5 Pro model, higher limits to generate images and videos with Nano Banana and Veo 3.1 models, expanded access to Notebook LM for study and research, 2 TB of cloud storage and more Reliance Industries Limited (RIL), through Reliance Intelligence Limited, and Google partnered on Thursday to roll out Google’s AI Pro plan that allows access to the latest version of Google Gemini to …

·       China opens rare earth exports in big relief to Indian firms https://bit.ly/4onBMim ·       Reliance and Google to offer 18-month free Google AI Pro access to Jio users; worth ₹35,100 per user https://bit.ly/433rKKG ·       POWERGRID, Toshiba unveil India’s first 220kV Mobile GIS system https://bit.ly/3X4UAXq ·&nbs…

·       Varun Beverages forays in alcoholic drinks segment https://bit.ly/3Wr04eZ ·       Akasa Air plans to launch IPO within 2-5 years, says CEO Vinay Dube https://bit.ly/3Lckm9G ·       Amway to invest Rs 100 crore in India https://bit.ly/3Lydnrw ·       Reliance Brands brings Italian fashion brand…

The share of gold in total forex reserves climbed to 13.92 per cent The Reserve Bank's gold reserve has increased 25.45 metric tonnes to 880 metric tonnes in the last 12 months till September 2025. The gold reserves rose from 854.73 metric tonnes at the end of September 2024 to 880.18 metric tonnes at the end of first half of the current fiscal year -- an increase of 25.45 metric tonnes.....

·       India’s IPO frenzy hits $200 million an hour as retail investors take charge https://bit.ly/4oeBpGP ·       IHCL to tie up with MGM healthcare for new Taj Hotel in Pondicherry https://bit.ly/4hynqJi ·       KPI Green Energy gets commissioning approval for 41 MW renewable energy projects https://bit.ly/47I4Smt · …

Hindustan Aeronautics Ltd (HAL) has signed an MoU with Russia’s United Aircraft Corporation (UAC) to produce SJ-100 civil aircraft in India — marking the country’s first domestic passenger aircraft manufacturing project in nearly four decades. HAL will manufacture the aircraft for domestic customers under the UDAN regional connectivity scheme. Hindustan Aeronautics has signed a memorandum of understanding with Russia’…

Electronics and IT Secretary S Krishnan these projects are likely to generate employment for 5,195 people The government has approved seven projects out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday.....

·       GST 2.0, festive boom keep India’s growth engine running among global headwinds https://bit.ly/49m62Fo ·       VI wins relief in SC as govt agrees to reconsider demand for additional AGR dues https://bit.ly/4noZIAw ·       Govt clears 7 projects worth ₹5,532 crore under electronics manufacturing scheme https://bit.ly/4oeQ…

The recent acquisition of Vadraj Cement Ltd gives the cement-arm of Nirma Group a crucial entry into Gujarat in the form of limestone reserves, captive jetty and clinker and grinding units Nuvoco Vistas, the cement arm of Nirma Group, is gearing up for a significant uptick in cement demand as Ahmedabad prepares to potentially host the Commonwealth Games in 2030. The company sees the event as a major driver for large-scale infrastructure developme…

Under the proposed scheme, the types of incentives are being planned - Turnover Linked Incentive (TLI), Localisation Linked Incentive (LLI) and Employment Linked Incentives (ELI) are being planned The government is developing a mega scheme to support toy manufacturers with financial assistance for new employees they hire, aiming to boost job creation in the sector.... More https://bit.ly/47pjtlv Via business-standard.com

India is investing in deep-water transshipment ports such as Vizhinjam (Kerala) and Colachel (Tamil Nadu), reducing dependence on foreign hubs like Colombo. India’s maritime sector has achieved significant progress in infrastructure expansion, trade facilitation, and human capital development over last one decade. Yet, there is a vast maritime potential to be harnessed as India can emerge as a global maritime powerhouse …

·       Swadeshi goods purchase increased during festive season with enthusiasm for ‘GST Bachat Utsav’: PM https://bit.ly/431R8Aq ·       India’s maritime sector set for a big leap with $200 billion by 2035: Mumbai Port’s M Angamuthu https://bit.ly/47aNy9F ·       ₹13,000 crore mega plan taking shape to make Ind…

Union Minister Ashwini Vaishnaw announces India's major push for 'trusted, self-reliant' electronics, confirming the development of indigenous chipsets for CCTV cameras under the DLI scheme. India is developing indigenous chipsets for close-circuit (CCTV) cameras amongst other integral applications as part of its broader push towards trusted, self-reliant electronics manufacturing, said Union Minister for Electronics and Information Technolo…

Reliance Intelligence will own 70 per cent and Facebook 30 per cent in the new AI venture, with both firms together investing about ₹855 crore to develop and expand enterprise AI services in India Reliance Industries Limited (RIL) has announced the incorporation of a new joint venture company, Reliance Enterprise Intelligence Limited (REIL), in partnership with Facebook Overseas Inc., a wholly-owned subsidiary of Meta Platforms, Inc., to develo…

Nesco has reasonably attractive valuations and robust traction in its key segments of operations In the past three-four years post-Covid, as return-to-office, business meetings and outdoor activities (exhibitions, events/concerts, hospitality) saw strong traction, many businesses focused on these segments have been strong beneficiaries.....

The Institute of Chartered Accountants of India (ICAI) is set to amend its Code of Ethics to give chartered accountants more freedom to advertise and maintain their own websites, including for network firms. Pushing ahead with efforts to create homegrown big audit firms, ICAI plans to amend its Code of Ethics to provide more leeway for chartered accountants in terms of issuing advertisements and maintaining their own websites, among oth…