India’s stock markets are witnessing a wave of blockbuster IPOs, showing that domestic investors remain confident in the country’s growth story, even as the Nifty and Sensex have delivered no returns over the past 13 months.Experts say this year’s record inflow of funds into IPOs reflects strong trust in India’s economic potential.Ajay Bagga, Banking and…
India is expected to contribute about 20% of global GDP growth, underpinned by strong domestic demand and prudent macroeconomic and financial sector policies that have helped it withstand external shocks, Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi, said on Saturday.Addressing the 85th Kale Memorial Lecture on “Indian Economy in a changing global order”…
Avenue Supermarts Ltd, the company behind retail chain D-Mart, reported a 3.85 per cent rise in consolidated net profit at Rs 684.85 crore for the second quarter ended September 2025, up from Rs 659.44 crore a year ago, according to a regulatory filing, PTI reported.Revenue from operations climbed 15.45 per cent to Rs 16,676.30 crore…
Government-backed Bharat 6G Alliance, along with nine international organisations, has signed the Delhi Declaration, endorsing principles for the 6G ecosystem that include making it secure, open, resilient, inclusive, and sustainable by design. The announcement was made at the International Bharat 6G Symposium 2025, held during India Mobile Congress 2025.“As 6G research accelerates worldwide, this declaration…
Easing investment procedures for non-resident Indians (NRIs) is an “urgent goal” for Sebi, Chairman Tuhin Kanta Pandey said on Saturday, highlighting plans to simplify compliance and expand participation in Indian capital markets. Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum, Pandey emphasised the need for NRIs to complete know-your-customer (KYC) formalities…
Maruti Suzuki India is intensifying efforts to boost sales of its entry-level cars, aiming to achieve record volumes for the Alto and S-Presso in the ongoing fiscal 2026. The company is relying on aggressive price reductions, festive finance schemes, and a focused push to attract two-wheeler riders into the four-wheeler segment.According to sources familiar with…
Commerce and Industry Minister Piyush Goyal on Saturday held discussions with his Canadian counterpart Maninder Sidhu on strengthening economic cooperation, signalling a possible thaw in bilateral trade relations that had soured in recent years.“We discussed ways to find mutually beneficial opportunities for our businesses to capitalise on the complementarities offered by our two economies. I…
Apollo Hospitals’ share is projected to gain 13.2%, with a target price of Rs 8,675, according to SBI Securities, making it an attractive choice for investors. The stock was trading at Rs 7,662 on October 6. A top healthcare platform with over 10,000 beds across 73 hospitals, Apollo Hospitals is on an expansion drive, planning…
India’s Natco Pharma will acquire significant stakes in South African pharmaceutical giant Adcock Ingram in a deal valued at R4.2 billion, paving the way for the 135-year-old firm to become a privately held entity jointly owned by Natco and Bidvest, which will remain the majority shareholder.The decision followed a meeting of Adcock Ingram shareholders that…
NEW DELHI: Indo-China direct aerial connectivity is going to ramp up fast after an over five-year lull. IndiGo Saturday announced it will have a daily direct between Delhi and Guangzhou from November 10, shortly after the airline links Kolkata and Guangzhou from October 26. Air India will fly to the country before the end of…
