The gap between India’s benchmark indices expanded again on Thursday, reflecting market quirks and ongoing regulatory reforms amid evolving expiry day practices and increased liquidity measures. The gap between the Sensex and the Nifty widened again on Thursday as India’s…
Major stake disposals by promoters and aggressive institutional buying marked a dynamic trading day in Indian markets, with UltraTech Cement leading large transactions amid a surge in initial public offerings like Milky Mist Dairy Food and Gaja Capital’s upcoming listing.…
Jubilant FoodWorks reports a 6% rise in quarterly net profit, driven by strong performances at Domino’s India and Popeyes, alongside rapid overseas expansion despite rising costs. Jubilant FoodWorks Ltd reported a modest rise in quarterly profit as stronger sales at…
Finance Minister Nirmala Sitharaman urges Indian startups to expand AI-driven technologies into districts, focusing on healthcare and banking, as part of a broader government strategy to enhance public service access and innovation in rural areas. Finance Minister Nirmala Sitharaman has…
BRICS nations are transitioning from conceptual discussions to practical steps in establishing a cross-border payments system, with a focus on faster payment links over the more complex and politically sensitive central bank digital currency bridges, signalling a shift towards more…
Since 2021, India’s Unified Payments Interface has attracted over $5.8 billion in private equity, with funding increasingly focusing on a handful of dominant firms as the sector recovers and expands internationally. India’s Unified Payments Interface has become one of the…
A column in Business Standard argues that improving bank governance in India relies more on transforming board processes than on regulatory rules, highlighting the need for greater strategic oversight and effective decision-making. The Reserve Bank of India has spent years…
Tablespace Technologies secures a substantial lease of 500,000 square feet in Hyderabad, signalling aggressive expansion as it prepares for an IPO and amid rising office demand in India’s top cities. Tablespace Technologies, the coworking space provider preparing for a stock…
Mirae Asset Venture Investments India has secured approximately $118 million in its first close for a new India-focused fund, reflecting a more cautious approach in India’s evolving startup landscape amid rising investor expectations for sustainable growth. Mirae Asset Venture Investments…
UltraTech Cement’s latest quarterly results highlight its growing lead in India’s cement sector amid fierce competition and rapid capacity expansion by industry giants, reshaping the market landscape. UltraTech Cement’s latest quarterly numbers reinforce just how far India’s biggest cement maker…
