Orkla India (formerly MTR Foods) has filed for an IPO with SEBI through a full Offer For Sale. No fresh capital will be raised. With rural demand rising, the packaged food maker is chasing India’s next growth wave through deeper distribution and brand push.
Adani Group plans to list its airport business by March 2027. The unit runs 8 airports and is building a new Mumbai terminal. It’s also speeding up its $100B investment rollout—what was once a decade-long plan will now be wrapped up in just 5–6 years.
India has greenlit two railway doubling projects worth ₹6,405 crore to speed up freight across eastern and southern corridors. With 318 km of new capacity, these upgrades aim to decongest routes and cut logistics costs, freeing up 49 million tonnes in freight load.
The Defence Ministry is set to sign ₹2 trillion worth of contracts in FY25, 90% of which will go to Indian companies. This push for domestic procurement strengthens India’s case for a larger defence budget while nudging global OEMs to ‘Make in India’.
Meme agency WLDD has acquired Imagined Studio to level up its AI, design, and tech game. The move adds 3D, motion, and video firepower to its stack—fueling work for its growing US client base. This marks WLDD’s third acquisition in recent months.
Lenskart is set to acquire a majority stake in GeoIQ to supercharge its offline expansion. With AI-powered geospatial data, the move sharpens store rollout strategy as Lenskart preps for its $1B IPO and flaunts its tech chops.
GEF Capital offloaded a 5.55% stake in Premier Energies for ₹2,629 crore via open market deals. Quant MF and Premji Invest entered the chat, scooping up shares worth ₹808 crore in total. Premier is a top name in India's solar PV space.
Talbros Automotive and its JVs have secured ₹580 crore worth of new orders across all major product lines. With export demand rising and revenue visibility for 5 years, the company is revving up across EV and traditional segments.
Byju’s has sold Epic and Tynker—once acquired for $700M combined—for just $97M in bankruptcy court-approved distress sales. The move aims to recover part of its $1.2B loan as the edtech giant grapples with default, legal woes, and a collapsing valuation.
Karamtara Engineering is set to launch a ₹1,750 crore IPO, with ₹1,350 crore fresh issue and ₹400 crore OFS. India’s top solar structure maker aims to repay debt and fuel growth, tapping into the surging demand for green energy infrastructure.
Reliance Infrastructure’s defence arm joins hands with Germany’s Diehl Defence to locally produce Vulcano 155 mm precision-guided munitions, eyeing ₹10,000 crore in revenue. A ₹5,000 crore plant in Ratnagiri will power this next-gen arsenal push.
Zee Entertainment rose 3% after teaming up with startup Bullet to launch India’s first micro-drama app. Hosted on Zee5, the app will deliver short, multilingual video stories aimed at mobile-first Gen Z users, boosting Zee’s tech-driven content play.
ITD Cementation jumped 6% after winning a ₹893 crore contract in Odisha for a greenfield port project. The scope includes berths and breakwater structures, reinforcing its position in marine infrastructure amid India’s port and logistics expansion push.
BEML has signed three deals with DRDO to produce maintenance vehicles and a 70-tonne trailer for Arjun tanks. Fully designed in India, these projects aim to reduce import reliance and unlock a steady stream of defence orders for BEML in the heavy mobility segment.
NIBE shares surged over 8% after securing a DRDO tech transfer license for its modular bridging system—a mobile, combat-ready solution for military vehicle mobility. The deal boosts NIBE's defence portfolio and aligns with India's indigenisation push.
Defence-tech startup Sanlayan Technologies raised ₹186 crore in Series A to scale up radar, electronic warfare, and aerospace systems. With its recent Dexcel Electronics acquisition, the company is pushing deep indigenisation in strategic defence programs.
Jindal Saw is investing $118M to expand in the Middle East with three new iron and steel projects in the UAE and Saudi Arabia, targeting demand from oil, gas, and water sectors. The plan includes a 100% owned pipe plant in Abu Dhabi and two Saudi JVs.
Amazon is investing $20B in two new data centre complexes in Pennsylvania—one powered directly by a nuclear plant. This marks the state’s largest private investment ever, driven by soaring AI and cloud computing energy demands and a need for 24/7 power.
ICICI Prudential AMC has launched its IPO process, aiming to raise around ₹10,000 crore via an OFS by Prudential Plc. With mutual fund AUMs and SIPs at record highs, the AMC is timing its market debut to tap into rising retail participation.
CDSL’s stock is up 50% in 3 months despite softer earnings. As India’s largest depository, it’s making a quiet digital pivot—cementing its role as the core infrastructure behind 15 crore+ demat accounts and growing retail investor participation.
Kalpataru Projects stock rose nearly 3% after securing ₹3,789 crore in new orders, including its largest-ever Buildings & Factories deal—12 million sq ft of residential space. International power T&D wins further boost KPIL’s EPC and global growth story.
Afcons shares rose nearly 3% after bagging a ₹700 crore construction contract from Reliance for its Vinyl Projects in Dahej, Gujarat. The deal boosts Reliance’s PVC capacity and reinforces Afcons’ standing as a key EPC partner in India's petrochem sector.
L&T has bagged a ₹1,000–2,500 crore order from JSW Energy to build the 1,500 MW Bhavali Pumped Storage Project in Maharashtra. Acting like a giant battery, the PSP will help stabilise India’s renewable-powered grid by storing and releasing energy on demand.
Lalithaa Jewellery Mart has filed for a ₹1,700 crore IPO to fuel store expansion. With ₹1,200 crore as fresh issue, the firm plans to open new outlets across South India. Posting ₹262.3 crore profit in 9 months, it eyes growth in India’s booming gold market.
Meta is in talks to invest over $10B in Scale AI, marking its biggest external AI deal yet. Scale, a key data-labeling firm, powers models like Defense Llama. The move aligns with Meta’s $65B AI push across infrastructure, talent, and strategic tie-ups.
Advent International is investing $175M for a minority stake in Felix Pharmaceuticals, a key player in generic animal meds. The deal boosts Felix’s global growth plans. Advent continues to expand its healthcare bets after recent moves in Apollo Healthco and Svatantra.
Tata Steel will begin building a low-carbon electric arc furnace (EAF) in the UK this July. The Port Talbot plant aims to cut emissions by 90% and produce 3.2 MTPA green steel. This move aligns with Tata’s global decarbonisation push, including efforts in India.
Ashoka Buildcon has won ₹1,387 crore contracts to deploy Intelligent Traffic Management Systems across Maharashtra. Through its tech arm, it will modernize traffic in key cities like Mumbai, Pune, and Nagpur—boosting road safety and easing congestion.
BEL has secured ₹2,323 crore in orders from Mazagon Dock and Garden Reach to supply missile system spares for Indian Navy ships. This ensures zero downtime for key naval assets. It’s BEL’s second big move this week, following a shipbuilding MoU with Germany.
Nazara Technologies has acquired bankrupt Smaaash Entertainment for ₹126 crore, marking its entry into offline gaming. The deal includes equity infusion and loan support to clear dues. With this move, Nazara blends physical VR, sports zones with digital gaming.
Starlink has secured a key licence from India’s telecom ministry, clearing a path to launch satellite internet. It joins OneWeb and Jio in the race. While it still awaits GMPCS and spectrum approvals, Starlink could boost connectivity in remote parts of India.
Apple has chosen Tata Group to handle advanced iPhone and MacBook repairs in India, replacing Wistron. The shift supports Apple’s growing India focus, as Tata already assembles iPhones locally. Complex repairs will now be managed from Tata’s Karnataka plant.
RBI has cut the repo rate to 5.5% and CRR by 1%, making loans cheaper and freeing ₹2.5T for banks to lend. With inflation down to 3.2%, EMIs may drop by ₹800–1,200 per lakh. Good news for borrowers, but depositors may earn even less on savings.
GRSE rose nearly 2% after signing MoUs with Germany’s Carsten Rehder and Dubai’s Aries Marine to build hybrid cargo and offshore vessels. The move signals GRSE’s push beyond defence, tapping global demand for energy-efficient marine tech.
Dr. Reddy’s stock rose 3% after partnering with Alvotech to co-develop a Keytruda biosimilar. The immune-based cancer therapy targets tough cancers like lung and melanoma, and the tie-up aims to speed up global access through affordable alternatives.
Capillary Technologies is eyeing a $265M IPO with a $59M fresh issue and $205M OFS. Known for powering loyalty programs for 250+ global brands, it’s betting big on SaaS growth as retail goes digital and customer retention becomes mission-critical.
Aditya Birla Group has acquired a 17-acre specialty chemicals plant from Cargill in Georgia, USA—marking its first chemicals venture in the US. The move boosts Birla’s global footprint and secures resin supply as it scales its paints and coatings business.
Waaree Energies is offloading 4.76 lakh shares of Indosolar via OFS to meet SEBI’s 25% public shareholding rule. This regulatory move trims Waaree’s stake from 96.2% and boosts Indosolar’s stock liquidity, as Waaree scales up in India’s solar boom.
Dassault and Tata will manufacture full Rafale fuselages in India for the first time. A new Hyderabad plant will produce key body sections, making India a major player in the global Rafale supply chain and boosting local defence manufacturing capability.
KEC International has secured ₹2,211 crore in new orders across power, oil & gas, and infra. Key wins include a 380 kV transmission project in Saudi Arabia, T&D orders in the Americas, and its second oil & gas contract in Africa—boosting global presence.
Garden Reach Shipbuilders signed an MoU with Norway’s Kongsberg to build India’s first Polar Research Vessel. Set to be built in Kolkata, the ship will aid Arctic and Antarctic missions—boosting India’s polar science and self-reliance in ice exploration.
Hyundai has exited Ola Electric, offloading its full 2.47% stake, while Kia trimmed its holding—cashing out ~$80M. The move signals growing caution as Ola’s stock plunges 46% post-IPO. Hyundai is now refocusing on its $21B EV expansion in the US.
Zynext Ventures, the VC arm of Zydus, is acquiring 5.9% in US-based Agenus for $16 million. Agenus is advancing cancer immunotherapy with BOT & BAL. The deal strengthens Zydus’ global biotech push beyond generics, targeting innovative oncology therapies.
Waaree Renewable Technologies won a ₹346 Cr EPC order from CESC to build a 300 MW AC solar project, powering 2 lakh homes yearly. The deal strengthens Waaree’s integrated solar play as India eyes 500 GW of non-fossil energy capacity by 2030.
Larsen & Toubro bags ₹1,000–2,500 Cr EPC orders in Rajasthan to enhance rural water access. Projects include 5,251 km of pipelines in Jhunjhunu and network expansion in Kekri-Sarwar. The move targets clean water delivery and tackles health issues like fluorosis.
Flipkart is selling its full 6% stake in Aditya Birla Fashion via a ₹600 Cr block deal, ending a partnership formed in 2020. As Flipkart shifts to in-house fashion labels, ABFRL may realign amid rising competition from Reliance, Tata, and other retail giants.
HDB Financial gets SEBI nod for a ₹12,500 Cr IPO, likely India’s biggest NBFC listing. The Lalit eyes a post-2026 IPO amid a hospitality revival. Aequs quietly files for a $200M IPO, riding on India's growing contract manufacturing clout. IPO wave builds in 2025.
Meta inks a 20-year deal with Constellation Energy to buy 1.1 GW from an Illinois nuclear plant starting 2027, securing clean energy for its AI-driven data centers. As AI demand soars, nuclear is emerging as big tech’s reliable, carbon-free power source.
IRCON secures a ₹1,068 crore EPC contract from Indian Railways to build a new Ganga rail bridge in Bhagalpur, Bihar. The project will enhance freight and passenger connectivity across the region, aligning with Indian Railways' ₹2.5 lakh crore FY25 outlay.
Mahindra & Mahindra saw a 17% YoY jump in May 2025 vehicle sales, driven by strong SUV and tractor demand. SUV sales rose 21% in India, while tractors gained 10%, backed by early monsoons and strong rural sentiment. Commercial vehicles showed mixed trends.
KKR has invested $600M in Manipal Group via private credit, backing its hospital and education empire. The deal signals rising global interest in India’s booming healthcare sector and the growing appeal of private credit for large-scale growth funding.
India launches the SPMEPCI scheme to attract global EV makers like Tesla and Mercedes. With ₹4,150 crore investment and local production mandates, the policy offers 15% import duty on high-end EVs. Only serious players with strong global presence can apply.
Marksans Pharma got UK approval for its liquid diabetes drug, tapping a high-margin niche. Meanwhile, Reliance Power soared 11% after landing a 350 MW solar + storage project, pushing its green energy pipeline to a sector-leading 2.4 GW.
Coal India’s unit BCCL has filed for an IPO, a pure offer for sale. The coking coal miner saw FY25 profit drop 20.7% to ₹1,240 crore, with flat revenue. This move follows CMPDIL’s IPO filing and is part of Coal India’s broader capital unlocking strategy.
Kiri Industries is selling its DyStar stake to Zhejiang Longsheng for $676.2M—more than Kiri’s entire market cap. The deal ends a years-long dispute and signals strong momentum in India’s specialty chemicals sector, projected to hit $1T by 2040.
Nykaa’s Q4 net profit surged 193% YoY to ₹20 crore, driven by strong beauty sales. Revenue rose 24% to ₹2,062 crore. While fashion lagged, premium beauty brands boosted retention. Quick commerce is scaling fast, but fashion may need a reset.
India’s economy grew 6.5% in FY25, down from 9.2% last year. Q4 saw strong gains in agriculture, construction, and investment. Manufacturing slowed, but services held firm. FY26 outlook remains steady at 6.3% with easing inflation.
Coal India Ltd has kicked off the listing process for two of its subsidiaries - Bharat Coking Coal Ltd (BCCL) and Central Mine Planning and Design Institute (CMPDI)
Waaree Energies’ US unit secured a $176M solar module order for 586 MW capacity, powering 4 lakh+ homes. Shares rose 8% on the news. A major global win.
Schaeffler AG will invest ₹4,800 crore in India over 5 years, boosting EV, rail, and clean energy production. The move supports local growth and demand.
BP may sell its Castrol unit for $8–10B, attracting bidders like Reliance, Aramco, and Apollo. Castrol offers deep India reach and AI tech potential.
Nvidia posted $44B in revenue, with data center sales up 73% YoY, driven by surging AI chip demand. Despite China export woes, profit hit $18.8B.
Jupiter Wagons rose nearly 2% after its EV arm partnered with Pickkup to deploy 300 eLCVs by year-end. The move boosts green logistics with zero-emission, cost-efficient electric vehicles for intra-city and intercity delivery, replacing diesel fleets.
NLC India gains 2% after securing a limestone-phosphorite block in Chhattisgarh, signaling a shift beyond lignite and power. Coupled with solar and mineral MoUs, this marks NLC’s entry into India’s critical materials space and long-term supply chain play.
Solar module maker Emmvee aims to raise ₹2,500–3,000 crore via IPO. With 6.6 GW module and 2.5 GW cell capacity, it joins a wave of solar listings as India eyes 500 GW of non-fossil energy by 2030. Rising exports and demand boost its growth ambitions.
LIC posted a 38% YoY profit jump to ₹19,013 crore, but new business premiums and VNB declined. Investment gains boosted profits, but growing digital competition and sluggish policy sales highlight challenges ahead for India’s insurance giant.
Hiranandani Group commits ₹28,440 crore for a semiconductor fab in Noida, boosting India’s chip ambitions. With other major industrial pledges in UP, the country is fast-tracking its goal to become a global semiconductor hub under the ₹76,000 crore Semicon India plan.
Defence stocks rose up to 4% after India cleared the AMCA stealth fighter programme. The Nifty Defence index hit a new high, rising 21% in May alone.
JioBlackRock has received SEBI approval to launch mutual funds in India. With Jio’s scale and BlackRock’s investment expertise, the JV aims to shake up a ₹55L Cr industry.
Engineering services firm Neilsoft has refiled IPO papers with SEBI, cutting the fresh issue to ₹90 crore and including an OFS of 80 lakh shares. The move positions it to compete with industry giants in a booming global engineering market.
The Defence Ministry is set to order 500 Invar missiles from Bharat Dynamics, worth ₹2,000–3,000 crore, to arm T-90 tanks. The move follows emergency procurement powers and strengthens India’s precision strike capabilities under Operation Sindoor.
Lupin partners with SteinCares to supply biosimilar Ranibizumab for retinal diseases in Latin America. Lupin handles manufacturing; SteinCares leads approvals and sales. This deal aims to improve affordable eye care access in a region with high vision loss risk.
RateGain’s Q4 revenue rose 1.9% YoY to ₹260.6 crore, with profit up 9.6% to ₹54.8 crore. Despite uneven global travel recovery, the travel-tech firm improved margins to 23.2%, showing smart scaling and readiness for global expansion.
Groww, India’s top online broker, has confidentially filed for an IPO targeting a $7–8B valuation. Despite fintech caution, Groww doubled revenue to ₹3,145 crore in FY24. The IPO will test if retail brokers can shift focus from growth to profitability amid tighter regulations.
Adani Group is set to acquire a stake in Diamond Power Infrastructure, a key power infra player with ₹343 crore revenue in FY25. The move aligns with Adani’s ₹1.4T FY26 capex plan and aims to consolidate its supply chain and scale DPIL significantly.
Motherson Group is buying Japan’s Marelli debt at 20 cents on the dollar, boosting its portfolio in high-tech auto parts. This strategic move strengthens Motherson’s foothold in advanced automotive segments and global supply chains.
Bondada Engineering surged 10% after securing a ₹9,000 crore solar project from Andhra Pradesh’s energy department. The 2,000 MW AC deal lifts its order book to ₹14,000+ crore and marks a major comeback after recent stock declines.
Kanodia Cement has filed for an IPO via OFS of 1.49 crore shares. With 3.54 MTPA capacity across UP and Bihar, it posted ₹98 crore profit on ₹732 crore revenue (9M FY24). The B2B+B2C model and rising cement demand make it a sector name to watch.
Honasa Consumer beat revenue estimates in Q4, with sales up 13% YoY to ₹533.5 crore. Profit dipped 18%, but the stock jumped 14% as the company guided for 7% margins by FY26—signalling tighter cost control and better brand execution.
Paras Defence is teaming up with Israel’s Heven Drones to build cargo drones in India. With a 51% stake, Paras gains Israeli tech access, while Heven enters India’s booming drone market—expected to cross ₹3 lakh crore by 2030.
Foxconn is investing $1.5B in a display module plant near Chennai, boosting Apple’s India push despite U.S. political pressure. It’s a major win for local manufacturing and Apple’s global supply chain shift, with India now making 1 in 7 iPhones.
Garden Reach surged 11% after winning a ₹25,000 Cr Navy bid, while NTPC Green gained 5% for securing a 320 MWh battery project. Both stocks ride strong sectoral momentum—defence and green energy—as India eyes self-reliance and grid stability.
IndusInd Bank reported a record ₹2,329 crore loss in Q4, hit by suspected internal fraud and board-level churn. It’s the bank’s worst-ever quarter, raising red flags on governance just as RBI oversight tightens. Investors now await steps to rebuild trust.
Bajaj Auto will invest ₹7,765 crore to become KTM’s majority owner, stabilizing the Austrian brand amid financial stress and boosting Bajaj’s global reach in premium motorcycles. KTM’s 2.7 lakh unit sales will now power Bajaj’s topline and exports.
Reliance Defence and Germany’s Rheinmetall AG have partnered to locally manufacture ammunition in Ratnagiri, Maharashtra. The new Dhirubhai Ambani Defence City will produce artillery shells, explosives, and propellants—boosting India's defence manufacturing drive.
IPOs surge, ITC's decent Q4, and Garden Reach cruises ahead. 🗓 Morning, folks! Markets ran out of steam on Thursday. Both the Sensex and Nifty slipped nearly 1%, dragged down by FMCG and IT stocks. Out of the Nifty 50, 41 names ended in the red. 💡 Spotlight: DRHPs are heating up, even if the markets aren’t. India’s IPO pipeline is buzzing. Between January and May 2025, 85 companies filed draft red herring prospectuses (DRHPs), the highest in over a decade for this period. Names like Tata
TCS wins a ₹2,903 Cr BSNL deal to expand 4G. Biocon bags Japan’s nod for its arthritis biosimilar, Ustekinumab BS. Patel Engineering secures a ₹711 Cr hydropower project in Arunachal. Three major moves shaping India Inc. on May 21, 2025.
OpenAI is acquiring io, the AI device startup co-founded by Apple design icon Jony Ive, in a $6.5B all-stock deal. The move signals OpenAI’s hardware ambitions, merging cutting-edge AI with world-class design. io’s full 55-person team will join OpenAI.
NTPC Green Energy reported a stellar Q4 with profit surging 188% YoY to ₹233.2 crore and revenue up 22.4%. Backed by strong execution and clean power demand, the company’s growth aligns with India’s 2030 green energy goals. Shares rose 4% post-results.
India-based healthtech startup Qure.AI, known for its AI-driven disease detection tools, plans a public listing after turning profitable next year. With 60–70% annual growth and 15M patients served, it’s riding the AI-healthcare boom.
IPO season is heating up as Coal India preps listings for BCCL and CMPDI, ARCIL eyes a ₹1,500 Cr raise, and Sri Lotus gets SEBI nod for a ₹792 Cr debut. From coal to bad loans to luxury real estate, big names are lining up to tap India’s booming capital markets.
BEL reported a strong Q4 with an 18.4% YoY profit rise to ₹2,127 crore and revenue up 6.8%. Backed by a ₹71,650 crore order book, BEL remains a key force in India’s defence push amid rising capex and growing demand for indigenous military tech.
India and the US are eyeing a phased trade deal, with the first stage likely signed before July to sidestep Trump’s tariff threats. The pact covers market access, farm goods, and more, as both nations aim to balance diplomacy with domestic pressure.
Waaree Energies is acquiring Kamath Transformers for ₹293 crore, boosting its solar infrastructure capabilities. The move enhances supply chain control and positions Waaree as a fully integrated solar power player amid India’s 500 GW clean energy push by 2030.
Makeup brand Colorbar plans to go public by 2027, eyeing ₹1,000 crore in FY26 revenue. Backed by Modi Enterprises, it’s betting on premiumisation to stand out in India’s competitive beauty space, even as IPO peers like Nykaa and Mamaearth face headwinds.
Delhivery posts ₹73 crore profit in Q4FY25, reversing a ₹69 crore loss YoY. With strong cost controls and efficient PTL operations, FY25 net profit hit ₹162 crore. As the eCom Express deal nears, Delhivery eyes long-term growth in India’s logistics space.
India’s DAC clears ₹40,000 crore in emergency defence purchases, fast-tracking critical gear like drones, missiles, and radars amid Operation Sindoor. Armed forces aim to close capability gaps swiftly with domestic repeat orders now gaining traction.
Groww is acquiring Fisdom for $150M in an all-cash deal, expanding into full-stack wealth management. With 1M+ users and strong bank ties, Fisdom boosts Groww’s reach in Tier 2 and 3 cities and adds advisory, tax, and PMS services to its offerings.
President Trump announced $200B+ in U.S.–UAE commercial deals, led by a $14.5B Boeing-Etihad aircraft order. The deal boosts U.S. exports, strengthens aerospace ties, and fuels Etihad’s fleet expansion as both nations deepen economic and strategic cooperation.
Cochin Shipyard posted a strong Q4 with a 10% profit rise and 36.6% jump in revenue, driven by its booming ship repair business. Despite shipbuilding pressure, key deals and defence momentum have boosted the stock 40% in a month and 1,500% in five years.
Adani Defence teams up with US-based Sparton to develop and manufacture indigenous sonobuoys for the Indian Navy, marking a milestone in India's push for localized undersea warfare tech and boosting Adani's role in the private defence sector.
ITC Hotels posted a 19% YoY profit rise to ₹207 crore in Q4, with revenue up 5.9%. Despite seasonal softness, the company signals strength. It also greenlit a ₹328 crore investment for a 200-room hotel in Visakhapatnam, set to open by 2029.
Tata AutoComp and Katcon Global have launched a joint venture to produce lightweight composite vehicle parts in North America, targeting cars, trucks, and off-road vehicles. This move taps into the booming $80B advanced composites market by 2030.
Tata Power ended FY25 with a 25% YoY profit jump to ₹1,306 crore and record revenue of ₹64,502 crore. Its green energy push is gaining speed, adding 1 GW renewable capacity, scaling rooftop solar, and driving profit growth in Odisha’s power distribution.
JSW Group is nearing a ₹12,000 crore deal to acquire 75% of AkzoNobel India, maker of Dulux paints. This bold consumer push will deepen its footprint in India’s competitive paints market, where JSW aims to challenge sector leaders like Asian Paints.
Jubilant FoodWorks posted a surprise ₹49 crore profit in Q4, with revenue up 34% to ₹2,100 crore. Domino’s scale offset costs, while Popeyes and Dunkin’ saw solid growth across metros and Tier-2 cities, fueling optimism in the foodservice rebound.
Airtel’s net profit soared 432% YoY to ₹11,022 crore, driven by tariff hikes, premium users, and broadband gains. While Airtel Business saw a 2.7% dip, the shift to high-value deals signals a long-term play, especially with rural users now dominating.
KPI Green’s Q4 profit more than doubled, with revenue nearing ₹570 crore. A growing 3.9 GW project pipeline and strategic expansion across key states drove momentum. Despite margin dips, investors rallied—pushing the stock up 28% in just three days.
More Retail plans a ₹2,000 crore IPO, aiming to scale from 775 to 3,000 stores and cut debt. With FY26 set to cross 1,000 outlets, the hypermart sees strong tailwinds—though quick commerce could test investor confidence in its long-term growth story.
Samsung will acquire FläktGroup for $1.68B, diving deeper into the booming data center cooling market. With AI driving GPU heat loads sky-high, this move aligns with Samsung’s broader push into industrial HVAC and AI infrastructure support.
Tata Motors posted ₹8,470 crore in Q4 profit, beating estimates, driven by strong JLR sales in the West. While global demand powers growth, domestic passenger vehicle sales show signs of slowing, raising questions about momentum at home.
India is set to impose retaliatory duties on select U.S. imports after years of steel and aluminium tariffs. With $7.6B in Indian exports hit, Delhi plans to recover $1.91B, just as trade talks with Washington intensify. It's trade pressure with purpose.
Trump clinches a massive $600B U.S.-Saudi deal spanning defense, AI, energy, and tech. With $142B in defense alone, it’s one of the largest bilateral packages ever boosting trade, jobs, and foreign ties across critical U.S. sectors.
India’s retail inflation dropped to 3.16% in April, the lowest in six years. Falling food prices drove the decline, giving RBI room to cut rates. With CPI below the 4% mark for six months straight, it’s a bullish setup for borrowers, markets, and growth.
ReNew Power is building India’s largest single-location green power project in Anantapur, Andhra Pradesh. With 2.5 GW of capacity and 1 GWh storage, it’ll power 20 lakh homes. The ₹22,000 crore project cements AP’s role in India’s renewable energy future.
India is fast-tracking its $3B SBS-3 satellite surveillance mission amid rising geopolitical tensions. ISRO and private firms aim for a 2026 launch, with timelines slashed to 12–18 months. It’s a bold move to build India’s own strategic eyes in the sky.
PVR Inox posted a ₹125 crore Q4 FY25 loss despite new releases and 77 more screens. Revenue dipped 0.5% YoY as OTT and high operating costs continue to weigh. The cinema industry remains volatile, with box office footfalls still below pre-COVID highs.
Once an unloved stock, ITC has surged 245% since 2020, powered by FMCG growth, a hotel demerger, and strong tobacco profits. With rising margins, new capex, and a bulletproof balance sheet, ITC is no longer just a cigarette giant, it's a restructured growth machine.
Adani Power has bagged a $2 billion project to supply 1,500 MW electricity to Uttar Pradesh via a next-gen thermal plant. The 25-year deal boosts power security as demand surges. Shares jumped 7% post-win, signaling investor confidence in India’s energy future.
Porter raised $200 million in Series F funding, becoming India’s third unicorn of 2025 with a valuation of $1.1–1.2 billion. The on-demand logistics startup grew FY24 revenue by 56% to ₹2,700 crore and slashed losses by 45%, expanding across 20+ cities.
Ravi Infrabuild Projects has filed for a ₹1,100 crore IPO to fund equipment purchases, reduce debt, and cover corporate expenses. The civil construction firm works on highways, tunnels, and flyovers for public sector clients with a ₹3,092 crore order book.
Coal India is investing ₹25,000 crore to build 4.5 GW of clean energy, enough to power 30 lakh homes. It will supply green power to AM Green’s plants, helping produce clean ammonia. This marks a major step in Coal India’s shift toward net-zero operations.
Swiggy’s Q4 FY25 saw revenue jump 45% YoY to ₹4,410 crore, but losses nearly doubled to ₹1,081 crore. Instamart led growth with ₹4,670 crore in orders. Aggressive expansion and fierce quick-commerce competition continue to burn cash at a high rate.
PSIT has filed for a ₹472 crore IPO to fund its second SM Reit scheme—PropShare Titania, a fully leased premium office space in Mumbai. Offering approx. 9% annual returns, the REIT targets investors seeking stable rental income from top-grade properties
Kalyan Jewellers posted a 36.6% revenue jump to ₹6,181 crore in Q4 FY24, despite gold price volatility. Strong festive and wedding demand drove growth, proving the emotional bond with gold still outweighs market fears in India.
PB Fintech, the parent of Policybazaar, launched PB Health with a $218M seed round. Backed by General Catalyst, the venture aims to build 25–30 hospitals across India. It marks PB’s move from just selling insurance to owning healthcare infrastructure.
India’s first homegrown wireless EV charger, developed by C-DAC and VNIT can charge up to 90% in 3 hours using a regular power connection. With 45 lakh EVs on the road, this innovation aims to make charging simpler, faster, and more accessible for Indian users.
Novopor Advanced Science is acquiring U.S.-based Pressure Chemical Company to expand its specialty chemicals portfolio and U.S. footprint. The deal strengthens Novopor’s end-to-end CDMO capabilities, connecting early R&D with scalable production.
Mouri Tech has refiled for a ₹1,500 crore IPO, aiming to raise ₹250 crore via fresh shares. The “AI-first” IT firm plans to use proceeds to pare debt through its U.S. arm. This marks a renewed attempt after it pulled its initial filing in late 2024.
MRF reported a 33% YoY jump in Q4 profit to ₹492.7 crore, with revenue up 11.4%. The board announced a record ₹235/share dividend for FY25, boosting investor sentiment. Strong demand and stable margins continue to steer growth in India’s auto sector.
Tata Motors will demerge its passenger and commercial vehicle units into two listed firms. Shareholders will get one CV share for every Tata Motors share. The split aims to unlock value, sharpen strategy, and give each business room to grow.
Paytm's FY25 numbers show resilience despite regulatory heat. Quarterly revenue fell 16%, but annual losses more than halved due to deep cost cuts and restructuring. Growth, however, remains the big unknown amid stiff competition.
India has issued strict new rules for satellite internet players, requiring in-country infrastructure, data controls, and compliance with national security norms, potentially slowing Starlink and boosting local players like Jio and Airtel.
Japan’s SMBC is in talks to buy a 51% stake in YES Bank from SBI and others, possibly triggering India’s biggest bank M&A. If approved, this could reshape foreign control rules in Indian banking and mark a major shift for the once-troubled lender.
3G Capital is acquiring Skechers in a $9.4 billion deal, taking the footwear giant private. Known for bold turnarounds, 3G aims to revamp Skechers away from Wall Street pressure as the global footwear market shifts toward direct-to-consumer growth.
EV cab startup Evera is acquiring over 1,000 cabs from shuttered rival BluSmart and hiring its drivers. With 220 cars already onboarded, Evera aims to scale airport and city rides fast, filling the EV mobility gap BluSmart left behind.
India’s defence stocks are booming with the Nifty India Defence index hitting record highs. FY25 saw ₹2.1 trillion in defence contracts 92% awarded to Indian firms. Rising tensions and massive government buys have turned defence into a market hotspot.
Clean energy firm Avaada Group is planning a ₹4,000–5,000 crore IPO to fund its 5 GW solar module and cell plant in Uttar Pradesh. The move marks its public market debut and supports a larger push into solar, hydrogen, and renewable energy projects.
Apollo Micro Systems has acquired IDL Explosives for ₹107 crore in cash to expand into defense-grade explosives and boost its missile and weapons systems portfolio. The move aims to secure bigger defense contracts and tap into a growing global market.
Mahindra & Mahindra reported a 19.6% YoY profit rise to ₹2,437 crore in Q4, driven by strong SUV and tractor demand. Revenue grew 24.5% to ₹31,353 crore. Solid execution, cost control, and rural-urban momentum helped the auto giant beat expectations.
Mumbai-based Priority Jewels has filed for an IPO with plans to raise funds through a fresh issue of 54 lakh shares. The diamond jewellery maker will use ₹75 crore to repay debt and support operations as it expands in India and 13 global markets.
Infosys has acquired Australian cybersecurity firm The Missing Link for ₹532 crore in an all-cash deal. The move boosts Infosys’ global cyber capabilities and expands its Australian presence as it targets growth in the $500B cybersecurity market.
Reliance NU Suntech is setting up Asia’s largest solar-plus-battery energy project with 930 MW solar and 465 MW storage, backed by a ₹10,000 crore investment and a 25-year power deal with SECI, bringing clean, reliable power to 1.5 million homes.
TCS and IBM are setting up India’s most powerful quantum computer in Andhra Pradesh’s Quantum Valley Tech Park, powered by a 156-qubit processor. This major step aligns with India’s National Quantum Mission to become a global leader in quantum tech.
Indian Oil inked a $1.4B LNG deal with Trafigura for 2.5M tonnes over five years, boosting energy security as Russian crude supply tightens. With India importing 45% of its LNG, the deal adds stability amid global volatility and shifting fuel strategies.
India topped global IPO activity in Q1 2025 with 62 listings raising $2.8B. Backed by blockbuster debuts like Hyundai and Hexaware, the boom reflects strong retail participation, simplified rules, and solid investor confidence despite global market jitters.
Eternal (formerly Zomato) posted mixed Q4 results, food delivery profits dropped 78% YoY, while Blinkit’s revenue more than doubled. With 300 new stores and a 2,000-store target, Blinkit is now Eternal’s growth engine, even as legacy bets are shut down.
Inox Green lands its first solar O&M contract, managing 675 MWp across India—enough to power 1M homes. Known for wind services, the firm now expands into solar maintenance, unlocking steady cash flows and a broader clean energy footprint.
India will export 4.12 lakh tonnes of green hydrogen derivatives to Japan and Singapore, targeting hard-to-decarbonise sectors. As global demand for clean fuels rises, India’s renewable energy push is opening doors to lucrative export markets.
Travel Food Services, a top airport F&B operator in India and Malaysia, has SEBI’s nod for a ₹2,000 crore IPO via OFS. Operating across 17 airports, the firm taps into booming air traffic and an F&B market expected to grow 18–20% over the next five years.
Trent’s stock jumped 5% after strong earnings. Revenue rose 28.8% YoY, driven by rapid Zudio expansion and high-margin private labels. With 765 stores and fast fashion execution, Trent is riding India’s retail boom into Tier-2 and Tier-3 cities.
Nykaa, Adani Energy, and Coromandel may enter the MSCI India Standard Index this June, potentially triggering ~$680M in passive inflows. Final list will be announced on May 13, with changes effective from June 3. Thermax could be dropped from the index.
Urban Company is gearing up for a ₹2,000 crore IPO, with a ₹500 crore primary issue and ₹1,500 crore secondary sale. With losses narrowing and revenue rising 30% YoY, the home services giant is also expanding into smart products and quick-help services.
Mahindra & Mahindra is set to acquire a 58.9% stake in SML Isuzu for ₹555 crore to strengthen its truck and bus market position. The deal doubles Mahindra’s CV market share and triggers an open offer for public shareholders under SEBI rules.
Reliance Industries smashed records in FY25, crossing ₹10 lakh crore in revenue and ₹81,309 crore in profit. From Jio and retail to green energy and media, every segment delivered. A ₹5.5 dividend sweetened the deal as the stock surged over 5%.
India has sealed a ₹64,000 crore deal to buy 26 Rafale-M jets from France’s Dassault Aviation. With deployment on INS Vikrant and local production in play, this boosts naval air power and strengthens Indo-French defence ties amid rising Indo-Pacific tensions.
From toy balloons to tyres for fighter jets, MRF’s journey shows how focus, resilience, and long-term thinking built one of India's most trusted brands. Here’s how this quiet giant outperformed global rivals and became a case study in disciplined growth.
Canara Robeco Mutual Fund is headed for an IPO, with Canara Bank and Orix Corporation set to offload shares. Managing ₹1 trillion in assets, the AMC joins a rare club of listed asset managers in India, tapping into a fast-growing investor base.
Apple plans to produce every US-bound iPhone in India by 2026, shifting over 60 million units annually. Tata and Foxconn lead the move, driven by tariff hikes and strained US-China ties. India’s role in global smartphone manufacturing is rapidly expanding.
Alphabet kicked off earnings season with a bang: revenue jumped 12% to $90.2B, and net income surged 46%. Despite AI challenges, Google’s search, YouTube ads, and cloud services all soared. A $70B buyback and AI investments fueled Wall Street excitement.
ITC is evolving beyond cigarettes with growing bets in FMCG, hotels, and tech. But while profits are rising, revenue is still flat. The market wants more than strategy, it wants scale.
Databricks is pumping $250 million into India over three years, scaling its Bengaluru R&D centre and hiring 200+ engineers to build core AI and data products.
GIC is investing ₹752 crore for a 31% stake in three Samhi Hotels properties, including top Marriott and Hyatt assets. Samhi retains control, while using funds to cut debt and expand.
HUL reported a steady Q4 with 2% volume growth and ₹2,493 crore in net profit. But it trimmed margin guidance to 22–23%, spooking investors. The stock closed down over 4%.
Waaree Energies’ Q4 FY25 profit jumped 34% YoY, with revenue up 36% and margins hitting 23%. Backed by a 25 GW order book and global expansion, India’s top solar module maker is scaling up as a serious global clean energy contender.
Wadhwa Group is planning a ₹2,000–2,500 crore IPO to fund new projects and cut debt. Known for marquee Mumbai properties, the company joins a growing wave of realty firms tapping public markets as demand and stock sentiment remain strong.
Accenture has acquired TalentSprint, a deep-tech education firm known for AI, fintech, and cybersecurity programmes. The move boosts Accenture’s LearnVantage unit as it bridges skill gaps in India’s fast-evolving tech landscape.
Renault is scaling up in India, opening its biggest design hub outside Europe in Chennai and eyeing premium SUVs. With plans to double production and go solo after exiting its Nissan JV, Renault’s gearing up for a bigger slice of the Indian auto pie.
The US has slapped up to 3,521% tariffs on Southeast Asian solar gear, pushing buyers to seek new suppliers. With 100 GW solar capacity, India could shine as the next big solar exporter—boosting firms like Waaree, Vikram Solar, and Premier Energies.
KFC operator Devyani International is set to acquire Sky Gate Hospitality, parent of Biryani By Kilo. With over 100 outlets and ₹300 crore in revenue, BBK’s scale and Devyani’s reach could make this a powerful QSR combo across India.
Coal India and DVC will build a 1,600 MW thermal power plant in Jharkhand, investing ₹16,500 crore. The project aims to boost coal demand and energy output, while modern tech ensures efficiency. It’s a big play in India’s evolving energy mix.
Eversource Capital is in talks to acquire troubled EV ride-hailing startup BluSmart for ₹800–1,000 crore — a 60% markdown from its last valuation. The deal includes merging operations with Lithium Urban and removing the Jaggi brothers from the board.
Adani Ports has acquired Australia’s North Queensland Export Terminal in a $2.4B non-cash deal. This gives Adani full control of a key 50 MTPA coal export hub, boosting its global cargo ambitions and setting the stage for future green hydrogen exports.
ITC is acquiring 24 Mantra Organic maker Sresta Natural Bioproducts for ₹472.5 crore, gaining a solid foothold in India’s ₹10,000 crore organic food market. It’s also upping its stake in Mother Sparsh, strengthening its personal care portfolio.
Prestige Group plans a ₹4,000 crore IPO for its hotel business, which includes premium brands like JW Marriott and Conrad. Funds will go toward new developments and debt reduction, as India’s hospitality sector sees rising investor interest amid a travel boom.
Waaree Renewable Technologies posted an 83% YoY jump in Q4 profit to ₹93.8 crore, fueled by India’s clean energy push. Revenue rose 75% as EPC projects drove growth. After a tough year, the stock rebounded 27% in April following March’s 10% gain.
Rio Tinto partners with AMG Metals & Materials to explore a $5–7B low-carbon aluminium project in India, powered by solar, wind, and hydro storage. The initiative marks Rio Tinto’s return to India and targets up to 1M tonnes of aluminium production annually.
KFin Technologies acquires 51% of Ascent Fund Services for $34.7M, expanding into offshore fund management and strengthening its position in global AIFs.
China has halted exports of rare earth metals, escalating the U.S.–China trade war. The move threatens global supply chains for EVs, AI chips, and defense tech, as China controls over 90% of rare earth magnet production. The U.S. faces a critical supply gap.
Netflix has set its sights on a $1 trillion market cap by 2030—nearly 3x its current value. With a bold plan to double revenue and grow to 410M subscribers, the streaming giant is leaning on ads, live content, and global scale to stream its way into Big Tech ranks.
Figma has confidentially filed for a US IPO, over a year after its $20B Adobe deal was scrapped by regulators. The design platform now joins Stripe, Reddit, and Shein in eyeing public markets amid a cautious but recovering IPO landscape.
India’s inflation cooled to 3.34% in March—its lowest since 2019—driven by plunging food prices. Vegetable and pulse inflation went deep into negative territory, giving RBI breathing room to consider rate cuts and support growth amid easing consumer demand.
Intel is offloading 50% of Altera to Silver Lake for $4.46B, valuing the chip unit at $8.75B. It's part of Intel’s strategy to cut losses, simplify operations, and double down on AI and high-performance computing as competition with Nvidia and AMD intensifies.
Facing tariff threats and rising political pressure, Nvidia is bringing AI chip production stateside. With plants in Arizona and Texas, the company plans to build $500B worth of U.S.-made AI infrastructure—tapping into subsidies and easing security concerns.
Amazon-backed More Retail is prepping for an IPO in 2026, after clocking ₹5,000 crore in FY25 sales. With 775 stores and a strong Amazon Fresh link, it’s set to open 500+ more in 160 cities as India’s $6–7B e-grocery market sees rapid growth.
Good Glamm offloads MissMalini to Creativefuel for ₹4 crore in a distress deal. The sale is part of a wider restructuring as GGG cuts losses, exits non-core assets, and tries to stabilize after ballooning FY23 losses and executive exits.
Trump’s tariff plan spares over $390B in electronics imports—temporarily. Semiconductors, iPhones, and laptops are safe for now, but looming tech tariffs, especially on chips, still pose a major threat. Tech breathes a bit easier—but not for long.
Paras Defence is scaling up its defence systems business with new licences, facilities, and partnerships. But high valuations, poor cash flow, and low return ratios raise questions about execution and investor value.
Apollo Micro Systems has delivered a 1,700% return in 5 years, backed by defence orders and expansion plans. But with rising valuations, cash flow issues, and pledged shares, can the rally sustain?
Accor and InterGlobe are merging their India hotel assets to form a new hospitality platform with 300 hotels and 30,000 rooms by 2030. The deal also includes investment in Treebo and integration of loyalty programs with IndiGo’s BluChip.
India has approved a ₹63,000 crore deal to acquire 26 Rafale-Marine jets from France for deployment on INS Vikrant. The deal includes mid-air refuelling, logistics, and upgrades for existing IAF Rafales, boosting joint air-naval capabilities in the Indo-Pacific.
Ola Electric is under scrutiny for overstating February 2025 sales by counting bookings for undelivered and unlaunched vehicles. With only 8,600 registered units vs. 25,207 claimed, MoRTH has issued a notice demanding revised figures within 7 days.
NTPC is exploring Small Modular Reactors (SMRs) to replace ageing coal plants, aiming for cleaner, compact energy solutions. With 63 GW in coal power, NTPC is running feasibility checks and eyeing foreign partnerships to support India’s nuclear push.
Cyient is investing $100M to expand its custom semiconductor business, targeting high-demand areas like EVs and smart grids. With 40 chips already delivered, the firm plans to scale via a dedicated subsidiary and hints at a future chip unit IPO.
boAt has confidentially filed for an IPO despite a weak market and declining revenues. FY24 revenue fell 5% to ₹3,122 crore, but losses halved. With the wearables market shrinking 20.7% in Q3 2024, boAt’s timing raises big questions about investor appetite.
Inox Wind’s stock has soared over 2600% in five years, transforming from a debt-laden firm to a fully integrated clean energy leader. With a ₹18,448 crore market cap, it’s betting big on hybrid power, larger turbines, and solar EPC to lead India’s green shift.
Tata Motors stock has plunged nearly 50% in 2025 after U.S. tariffs halted JLR exports—its top revenue driver. Despite FY24’s strong EV growth, JLR’s lack of U.S. manufacturing and cooling domestic demand raise serious risks for the auto giant’s strategy.
India is building a stealth naval base near Rambilli, Andhra Pradesh, under Project Varsha. Designed for nuclear subs and warships, it will enable undetectable deployment, boosting India’s two-coast nuclear deterrent alongside Project Seabird in the west.
Juspay, a leading payments tech company processing over 200 million transactions daily, raised $60M led by Kedaara Capital. Despite client concerns, FY24 revenue surged 50% to ₹319.3 crore and losses narrowed.
ITC is acquiring a 43.8% stake in Ample Foods, owner of Prasuma and Meatigo, for ₹131 crore. The move strengthens ITC’s play in the frozen and ready-to-eat food segment. Ample will operate independently with ITC’s strategic and distribution support.
Intel and TSMC are teaming up to boost advanced chip production in the US. TSMC brings expertise and training, while Intel provides factories and infrastructure—marking a major shift as global chip demand surges, driven by AI and smart tech.
India is witnessing a major shift in financial participation. Female demat accounts have jumped 4x since 2021, with women now owning 1 in 5. Bank account ownership, entrepreneurship, and workforce participation among women are also hitting record highs.
Tata Capital has confidentially filed for an IPO, with Tata Sons and IFC set to dilute stakes. As Tata Group’s financial backbone, the listing could be a landmark event for India’s NBFC sector amid the group’s aggressive lending expansion.
Delhivery is acquiring Ecom Express for ₹1,407 crore in cash, marking a major consolidation in India’s logistics sector. This move strengthens Delhivery’s last-mile network, boosts operational control, and signals a shift from growth to profitability.
BHEL-Hitachi Energy India will supply key tech for a 950 km green energy corridor from Bhadla to Fatehpur, awarded by Adani Energy Solutions. A big push for India’s 2030 renewables goal.
Scapia, a travel-focused fintech startup, raised $40M in Series B led by Peak XV. With no-forex-fee cards and travel perks, it's targeting India’s young explorers.
Lupin is acquiring UK-based Renascience Pharma for ₹135 crore, gaining fast access to the UK’s specialty drug market and boosting global growth and margins.
Trump’s steep tariff plan rattled markets, with the S&P 500 down 4% and Apple dropping 6%. Vietnam took a heavy hit, while Indian pharma stocks soared as exemptions fueled a relief rally. Amid global uncertainty, India may gain from shifting trade dynamics.
Qualcomm acquires VinAI’s generative AI division to advance on-device AI for phones, cars, and wearables. VinAI’s compact AI models eliminate cloud dependence, enabling smarter, faster offline experiences. This move strengthens Qualcomm’s Snapdragon chips with next-gen AI capabilities.
Bengaluru-based IndiQube gets SEBI approval for its ₹850 crore IPO, aiming to scale its flexible office space business. With demand for hybrid work rising, the company saw FY24 revenue jump 43% to ₹830 crore, though losses widened. The IPO proceeds will fund expansion across new cities.
Reliance’s RISE Worldwide teams up with BLAST Esports to launch a top-tier gaming venture in India via JioGames. With 600M+ gamers and a booming market, Reliance is betting big on esports, blending BLAST’s expertise with Jio’s scale to bring global-grade gaming to India.
NTPC is set to enter India's nuclear sector with a 15 GW expansion, partnering with global players for advanced reactor tech and fuel supply. With policy reforms on the horizon, this move could reshape India’s energy future, making nuclear a key player alongside renewables and coal.
The US approved nuclear tech transfer to India for Small Modular Reactors (SMRs), marking a breakthrough in the stalled 2007 civil nuclear deal. Holtec International will co-develop reactors with Indian firms, boosting clean energy and AI data center power solutions.
Mumbai-based Runwal Enterprises filed for a ₹1,000 crore IPO, with a ₹200 crore pre-IPO option. Funds will reduce debt and fuel new projects. Runwal posted ₹662 crore revenue in FY24, up 189%, with ₹107 crore in profit. It ranks second in Mumbai’s new project launches.
OpenAI raised a historic $40B, valuing the ChatGPT-maker at $300B. SoftBank leads with $30B, joined by Microsoft and others. $18B will fund OpenAI’s Stargate project for next-gen AI infrastructure. With 500M weekly users, OpenAI aims to triple revenue to $12.7B this year.
ITC is acquiring Century Pulp and Paper for ₹3,498 crore, boosting its paper manufacturing capacity by 60%. The deal expands ITC’s footprint into North India and strengthens its pulp-to-packaging strategy. With India’s paper demand rising, ITC is betting big on packaging and hygiene.
Isomorphic Labs, an AI-first drug discovery startup backed by Alphabet, secured $600M in funding led by Thrive Capital. Using AI-driven protein simulation, the company aims to revolutionise drug design, making it faster and more cost-effective. The AI-led pharma shift is now fully underway.
Telecom infra firm Pace Digitek has filed for a ₹900 crore IPO to fund expansion. With 5G rollouts and digital connectivity on the rise, the Bengaluru-based company saw FY24 revenue surge 5x to ₹2,434 crore, attracting strong investor interest.
Foxconn is set to manufacture 25–30 million iPhones in India in 2025, more than doubling last year’s output. With a new 300-acre Bengaluru plant, Apple aims to shift 25% of iPhone production to India, strengthening its global supply chain.
Chinese EV giant BYD is set to establish its first Indian factory near Hyderabad, marking a major step in its India expansion. The plant aims to boost local EV production, scale up battery manufacturing, and tap into India’s booming electric vehicle market.
Krafton acquires a controlling stake in Nautilus Mobile for $14M, strengthening its cricket gaming portfolio. With hits like Real Cricket 24, Krafton aims to scale Nautilus’ titles globally and tap into India’s massive mobile gaming market.
Nvidia is acquiring Lepton AI, a startup that rents out high-performance servers powered by Nvidia’s own chips. The move signals Nvidia’s push into the cloud, giving it direct access to AI developers and a new recurring revenue stream.
Saudi Aramco is looking to invest in two state-run Indian refineries, aiming to secure long-term crude supply to one of the world’s fastest-growing oil markets. With India pushing to become Asia’s refining hub, the stakes are high for both sides.
Foreign investors are back in Indian markets, injecting $2.4 billion in fresh equity flows since March 20. As FIIs turn bullish and DIIs continue strong inflows, India could be entering a new leg of its market rally.
Cognizant teams up with Nvidia to help businesses integrate AI across industries like healthcare, manufacturing, and customer service. Using Nvidia’s NIM microservices, they’re building low-code frameworks for AI-powered sales bots, digital twins, and smarter automation.
Larsen & Toubro (L&T) lands its biggest offshore hydrocarbon contract, a ₹15,000+ crore order from QatarEnergy LNG. The deal strengthens India’s engineering capabilities in global energy projects, reinforcing its strategic presence in the region.
Indian D2C dairy brand Country Delight raises $25 million in its Series E round from Temasek. With a 50% revenue growth in FY24 and expansion into quick commerce, the company is poised for further growth in the premium dairy and essentials space.
Lab-grown diamond startup Aukera is raising $15 million in a Series B round led by Peak XV Partners. As India’s LGD market grows, major brands like Tata and GIVA are entering the space, but no clear leader has emerged yet.
Manipal Hospitals, backed by Temasek, is preparing for a $1 billion IPO, targeting an $8–10 billion valuation. The funds will support expansion into Tier-2 cities as India’s healthcare sector sees rising demand.
South Korean AI chip startup FuriosaAI has declined Meta’s $800 million acquisition offer. Instead, the company is raising $48 million to develop its next-gen AI chips, positioning itself as a strong competitor to Nvidia and AMD.
Chinese EV giant BYD has overtaken Tesla in revenue, hitting $107 billion in 2024. With strong sales growth, cost advantages, and global expansion, BYD is challenging Tesla’s dominance in the EV market.
JSW Steel is now the most valuable steelmaker in the world by market cap, beating ArcelorMittal and Nippon. A record quarter and India’s infra boom are fueling the surge.
Mahindra & Mahindra is looking to acquire the entire promoter stake in SML Isuzu, a move that will expand its presence in the commercial vehicle sector. The acquisition could bolster M&M’s competitiveness against major players like Tata Motors and Ashok Leyland.
India’s startup ecosystem saw a record $2.5 billion in funding during Q1 FY25, marking its best quarter in a year. Late-stage startups led the surge, with sectors like auto tech and enterprise software driving significant growth.
Vodafone Idea is in talks with Starlink and Amazon Kuiper to explore satellite-based internet. As competition heats up, Vi is looking for new ways to stay in the game.
Google is making its biggest move in cloud security, acquiring Wiz for $32 billion in cash. The deal, which includes $1 billion in retention bonuses, bolsters Google Cloud’s enterprise security against AWS and Microsoft.
PhysicsWallah confidentially filed for an IPO, looking to raise up to $500 million. If successful, it would be India’s first pure-play edtech listing on the stock market. This makes PW the latest company to take the confidential route, following Tata Play, OYO, Swiggy, and Credila Financial Services. Confidential filings allow companies to keep financials and business data under wraps until they finalize the public offering. The deets: the IPO will include both a fresh issue of shares and a s
INOX Clean Energy is set for a massive IPO by 2026, leveraging India’s booming renewable energy market. Backed by the $12B INOX Group, it’s primed for growth.
Niantic, the company behind Pokémon GO, is selling its gaming division to Scopely for $3.5 billion—one of the biggest gaming acquisitions in recent years.
Temasek has acquired a 10% stake in Haldiram’s snacks business for $1 billion, valuing the company at $10 billion.
Meta is testing its first in-house AI training chip, developed in collaboration with TSMC, as it looks to reduce reliance on Nvidia and cut infrastructure costs.
India’s retail inflation cooled to 3.61% in February, dipping below the RBI’s 4% target for the first time. The decline was largely driven by falling vegetable prices and easing food inflation.
OpenAI has signed a 5-year, $11.9 billion deal with CoreWeave to secure more compute power, signaling a shift in AI infrastructure strategy.
Waaree Renewable has secured a ₹740 crore solar power project as part of a 125 MWAC plant, strengthening its position in India’s fast-growing renewable energy sector.
Zydus Life is acquiring an 85.6% stake in France’s Amplitude Surgical for $274 million, expanding its footprint in the global MedTech space.
IndusInd Bank shares plunged 25% after an internal review uncovered errors in derivative accounts, wiping out ₹18,000 crore in investor wealth.
Bharti Airtel has teamed up with SpaceX to bring Starlink’s high-speed satellite internet to India, pending regulatory approval. The partnership aims to enhance rural and remote connectivity, integrate Starlink with Airtel’s telecom network, and expand its B2B offerings.
Digital payments are thriving, but so are the scammers. India lost ₹107.2 crore to cyber fraud in the first three quarters of FY25, with 13,384 cases reported The deets: fraud in card, internet, and digital transactions is increasing rapidly. High-value fraud (₹1 lakh+) reached ₹177 crore in FY24, a steep jump from ₹18.4 crore in FY15. Why it matters: as digital payments become the norm, cyber fraud is rising just as fast. The government isn’t sitting idle. CERT-In, India’s cybersecurity wat
Sun Pharma is acquiring Nasdaq-listed Checkpoint Therapeutics for $355 million.
Foxconn, a key Apple supplier and global electronics manufacturer, is making a ₹21,911 crore bet on Bengaluru, setting up a mobile phone manufacturing plant in the Devanahalli Industrial Area.
In February, Indian startups raised $669 million across 100 deals, down 25% from last year and 6% lower than January’s $712 million.
Bharat Forge’s Kalyani Powertrain is teaming up with Taiwan’s Compal Electronics to manufacture X86 servers in India.
Ola’s AI unicorn Krutrim is teaming up with Lenovo to build India’s largest supercomputer.
India now has 85,698 High Net-Worth Individuals (HNWIs), making it the 4th largest wealth hub globally, right behind the US, China, and Japan.
India’s private consumption reached a record high in 2024, surpassing $2.1 trillion—nearly doubling over the past decade.
India’s digital payments boom continues unabated. UPI hit its highest-ever monthly record in January.
Marketing agency Wubba Lubba Dub Dub (WLDD) is looking to acquire digital media platform ScoopWhoop from GGG per Entrackr.
Delta Corp is exiting the online gaming business. The casino giant is selling Deltatech Gaming, including Adda52, to Head Digital Works (HDW) for ₹491 crore in a cash-and-stock deal.
Qatar is making a big move in India, committing $10 billion in fresh investments following a high-level meeting between PM Modi and Qatar’s Emir.
Microsoft to release a new Quantum chip called Majorana.
India inked an MoU with Argentina for lithium mining, another strategic move in securing critical minerals.
Mahindra Group is teaming up with U.S.-based defense-tech giant Anduril to develop autonomous surveillance and maritime defense systems. With India ramping up its military spending to ₹2.99 lakh crore for FY26, this partnership taps into a booming sector.
The British government is pushing Apple to break its own encryption, demanding access to private iCloud data worldwide. The deets: Apple’s Advanced Data Protection, launched in 2022, locks down iCloud with end-to-end encryption, meaning even Apple can’t access user files. UK officials want that changed, arguing it hinders criminal investigations. The problem: Encryption is what keeps user data safe. Apple built this system so only users can access their files—not governments, not hackers, not
India crossed 100 GW of installed solar power capacity this week, marking a significant milestone in its renewable energy push.
Donald Trump is imposing a fresh 25% levy on all steel and aluminum imports.
Asian Paints disappointed investors with a weak December quarter. Revenue fell 6% YoY to ₹8,549 crore, missing estimates by ₹300 crore, while net profit dropped 23.5%.
Bhavish Aggarwal is making a bold move in AI, pouring ₹2,000 crore into Krutrim, Ola’s AI venture, with plans to scale up to ₹10,000 crore next year.
WeWork India, a premium flexible workspace operator, has filed preliminary papers with SEBI for an IPO.
Earnings season is here, and Maruti Suzuki’s numbers were solid—but not enough to impress investors. Major stats: the automaker posted a 13% rise in net profit to ₹3,525 crore this quarter, with revenue climbing 16% to ₹38,492 crore. Both the numbers met investor expectations. The snag: margins slipped slightly to 11.6% from 11.7%. Rising discounts, intensified competition from Tata Motors and Hyundai, and shifting consumer preferences are putting pressure on Maruti’s positioning. The bigger
JSW Group is diving into the copper mining business with a ₹2,600 crore bet, renting mines for operation and development from Hindustan Copper. The company has snagged a 20-year MDO (Mine Developer and Operator) contract for two mining blocks in Jharkhand, marking its entry into India’s non-ferrous metal sector. Backing up: Copper is the universal metal of electrification and a clean future. EV’s, Data Centers, Renewables, Real Estate, Factories, everything needs copper and tons of it. * Con
Private equity and its insatiable appetite for India consumer. ET reported that global PE giant, Advent International, will buyout up to 75% stake in Orra Jewellery, valuing the business at up to ₹1,750 crore. The deets: founded by the Rosy Blue Group in 2004, Orra specializes in diamond, gold, and platinum jewellery, mostly appealing to the mid to high wallet urban young audience. Last year, the business made somewhere in the range of ₹1,100 crores in revenue. Advent plan is to scale Orra an
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