At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).
'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'
Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
Digital payments firm PhonePe has launched PulsePro, an enterprise intelligence platform providing businesses with aggregated and anonymised transaction data. This platform offers near real-time market insights at granular levels, helping companies track consumer spending, identify growth opportunities, and make informed expansion decisions across India.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
Golf superstar Rory McIlroy has announced a multi-year partnership with global logistics company DP World. The collaboration will see DP World transport McIlroy's personalised fitness and recovery facilities across his PGA Tour and DP World Tour schedules, ensuring consistent training environments worldwide. This initiative highlights DP World's expertise in complex logistics and makes McIlroy a global ambassador for the company.
India's manufacturing sector activity surged to a seven-month high in September, driven by a significant acceleration in new orders and output, leading to solid expansion in factory hiring and a four-month peak in business optimism.
Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
India's food regulator, FSSAI, has initiated penal action against major e-commerce platforms including Amazon, Swiggy Instamart, BigBasket, Flipkart India, and Zepto for various non-compliances, such as misbranding, misleading claims, and the sale of prohibited food articles.
Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.
Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
Punjab Chief Minister Bhagwant Mann has issued directives to various departments to ensure top-tier arrangements for the Asian Champions Trophy hockey tournament, set to take place in Jalandhar and Mohali from October 27 to November 5. Mann emphasised the need for world-class facilities, robust security, and comprehensive crowd management, while also calling for a statewide trophy tour and student participation to foster public enthusiasm and showcase Punjab's rich sporting heritage. He personally inspected venues and stressed the importance of cleanliness, beautification, and hospitality for international delegations.
Citron, a brand under Stellantis, anticipates that three-fourths of its sales in India will originate from Tier-II, Tier-III, and smaller cities within the next five years, a significant increase from its current 55 per cent, as it expands its retail network beyond major urban centres.
How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.
India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.
Mahindra has launched the Thar OG, an upgraded version of its popular SUV, built on a new M Glyde 4G platform with advanced features like Frequency Dependent Damping and Electric Power Steering, while retaining an accessible starting price of 10.32 Lakh.
Priyanka Chahar Choudhary -- who has already won hearts in Naagin and Udaariyaan, besides being one of the most talked-about contestants of Bigg Boss 16 -- enters the power-packed world of Rise & Fall 2, she's bringing plenty of glamour along for the ride.
'The most effective investment approach is one that aligns with an investor's temperament, risk tolerance, and decision-making style.'
Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.
'UPI has been free since Covid, so why is the government charging us now?'
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
Suzuki Motor Corporation is set to revolutionise its operations by halving vehicle development times and significantly boosting efficiency by 2030, while committing to a diverse multi-powertrain strategy that includes BEVs, hybrids, and carbon-neutral fuels.
Nasscom President Rajesh Nambiar stated that artificial intelligence is not making India's Business Process Management (BPM) industry obsolete but is instead driving its significant reinvention. He highlighted that the sector has an opportunity to become the world's "intelligent operations and transformation hub" by leveraging AI, analytics, and cloud-based operations, moving beyond traditional call centres. Nambiar outlined three key priorities for the industry, including reimagining processes, building hybrid human-AI operating models, and redefining India's global BPM representation.
Punjab & Sind Bank MD and CEO Swarup Kumar Saha clarified that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers for UPI payments, ensuring consumers only pay the displayed price. The new MDR structure, effective October 15, applies a 0.4% charge on P2M transactions above Rs 2,000, with specific flat rates for certain sectors, but small-value transactions remain free.
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
The Delhi High Court has mandated a six-month forensic audit into the alleged dissipation of assets by former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh, stemming from enforcement proceedings by Japanese drug major Daiichi Sankyo.
'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.
Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.
