A busy week in India’s primary market sees five major IPOs, including Dhoot Transmission and Molbio Diagnostics, reflecting a resurgence in domestic public offerings and investor confidence. India’s primary market is set for a busy week from August 10 to…
A recent review highlights how wage stagnation, rising debt, and job insecurity are reshaping India’s middle class, with potential long-term implications for growth and social mobility. India’s middle class, long celebrated as the chief beneficiary of the country’s post-1991 liberalisation,…
India’s refurbished smartphone sector is expanding rapidly, driven by higher prices of new devices, increased consumer trust, and flexible financing options, with Apple’s iPhones leading the demand in the premium segment amidst a shift towards organised resale platforms. India’s refurbished…
India has introduced a new export-centric framework allowing foreign investment in inventory-based e-commerce dedicated to overseas shipments, aiming to enhance global market access for domestic producers without altering domestic consumption restrictions. India has moved to open a new export channel…
IndusInd Bank has cleared a significant regulatory hurdle by securing RBI approval to establish a wholly owned subsidiary for stock broking, signalling a strategic move to expand into capital market services and diversify revenue streams. IndusInd Bank has cleared a…
A recent RTI disclosure reveals that Pune’s public bus operator, PMPML, lost nearly ₹3,000 crore over four years, raising concerns over financial stability, management practices, and transparency in the city’s critical infrastructure. An RTI disclosure has raised fresh questions over…
Life Insurance Corporation of India reports a 22.81% rise in profit after tax for Q1 FY27, driven by improved business mix and margins, despite a dip in market share and some weakening operating indicators. Life Insurance Corporation of India said…
Mindspace Business Parks REIT reported a robust first quarter for FY27, with a 15.2% rise in distribution per unit and renewed leasing activity, as it progresses with its strategic expansion plans and capitalises on market opportunities. Mindspace Business Parks REIT…
Standard Engineering Technology reports a 41% rise in revenue for Q1 FY2027, as it advances into AI data centre infrastructure and deepens collaborations with Japanese firms, signalling a bold new phase of growth and innovation. Standard Engineering Technology said its…
Le Travenues Technology reports its strongest first quarter yet, driven by bus division growth and increased market share, while balancing investments in AI and expansion amid cautious near-term outlooks. Le Travenues Technology, which operates the ixigo travel platform, said its…
