Adani Defence & Aerospace Partners with Sparton to Indigenise Anti-Submarine Warfare Solutions

Adani Defence & Aerospace has entered into a strategic partnership with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems, to indigenise anti-submarine warfare (ASW) solutions for the Indian Navy. This collaboration marks a significant milestone in India’s efforts to reduce dependence on foreign imports and strengthen its maritime defence capabilities. Advancing India’s Undersea Warfare…

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Tata Tech CEO Warren Harris Expects Return to Healthy Growth by Q2 FY26

Tata Technologies Ltd, a global product engineering and digital services firm, anticipates a return to healthy growth by the second quarter of FY26, driven by pent-up demand and anticipated trade agreements. CEO and Managing Director Warren Harris expressed optimism despite US tariff uncertainties, stating that the company expects clarity in trade negotiations to fuel recovery….

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Tata Power’s Nellai Plant Sets Rare Benchmark in Solar Manufacturing

Tata Power’s Nellai plant, operated by its solar manufacturing arm TP Solar, has set a rare benchmark in India’s renewable energy sector by achieving record-breaking production and fostering workforce diversity. Record-Breaking Production The Tirunelveli-based facility produced 3.3 gigawatts (GW) of solar modules and 846 megawatts (MW) of solar cells in FY25, marking one of the…

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Large Cement Makers Report Volume Growth in Q4, Expect Continued Momentum in FY26

India’s leading cement manufacturers have reported strong volume growth in the fourth quarter of FY25, driven by infrastructure projects, rural recovery, and real estate expansion. Industry leaders, including UltraTech, Ambuja Cements, ACC, Shree Cements, and Dalmia Bharat, anticipate sustained momentum in FY26, projecting 6.5–7.5% demand growth. Q4 Performance and Industry Trends Cement makers recorded volume…

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SEBI Mandates E-Book Mechanism for Private Debt Securities Above ₹20 Crore

The Securities and Exchange Board of India (SEBI) has made the electronic book mechanism (EBM) mandatory for all private placement debt issues of ₹20 crore or more, expanding its scope to include Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Previously, the EBM was required only for private placements of debt securities with…

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Indian Markets Surge as FPIs Inject ₹18,620 Crore in May Amid Global Uncertainty

Foreign Portfolio Investors (FPIs) have infused ₹18,620 crore into Indian equities so far in May, marking a strong rebound in investor confidence despite global economic uncertainties. This follows a net investment of ₹4,223 crore in April, reversing a three-month trend of heavy selling. The renewed interest in Indian markets comes amid improving global trade conditions…

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Gautam Adani Delivers Major Setback to Turkey Amid ‘Boycott Turkey’ Trends

Gautam Adani, chairman of Adani Group, has taken decisive action against Turkish businesses following Turkey’s support for Pakistan during the recent India-Pakistan conflict. In a significant move, Adani Airport Holdings has terminated its agreement with DragonPass, a Turkish company that provided airport lounge access to travelers at Adani-managed airports. Adani Group Cuts Ties with Turkish…

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IndiGo Airlines Faces Major Setback Amid Turkiye and Azerbaijan Boycott

As Indian traders and businesses enforce a nationwide boycott of Turkiye and Azerbaijan over their pro-Pakistan stance, one of the worst-hit companies could be IndiGo Airlines. The airline, which has heavily relied on Turkiye’s Istanbul as its international transit hub, now faces uncertain demand for its codeshare agreement with Turkish Airlines. IndiGo’s Strategic Partnership with…

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Reliance Secures Landmark $2.9 Billion Loan, Asia’s Largest Syndicated Deal of 2025

Reliance Industries, led by billionaire Mukesh Ambani, has secured a record-breaking $2.9 billion offshore loan, marking the largest syndicated deal in Asia this year. The financing, finalized on May 9, 2025, underscores Reliance’s strong credit profile and the global banking sector’s confidence in its financial strength. A Dual-Currency Loan with Global Participation The dual-currency loan…

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Indo-PAK: This Indian Defence PSU Is Bigger Than Dassault, The Maker Of Rafale Fighter Jets—Do You Own One?

As tensions between India and Pakistan escalate following Operation Sindoor, Indian defense stocks have surged, with one Public Sector Undertaking (PSU) emerging as a global powerhouse—Hindustan Aeronautics Limited (HAL). The aerospace giant has now surpassed Dassault Aviation, the French manufacturer of Rafale fighter jets, in market valuation, solidifying its position as India’s leading defense player….

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Anil Ambani’s Reliance Power Secures Largest Allocation in SJVN’s Solar & Battery Storage Project

In a major boost for Anil Ambani’s Reliance Power, its subsidiary Reliance NU Energies has won the largest allocation in SJVN’s tariff-based competitive bidding process, securing a 350 MW solar power project integrated with a 175 MW/700 MWh battery energy storage system (BESS). Key Highlights of the Project Reliance Power’s Strategic Pivot Toward Renewables Future…

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India Breaks Into Top Six Nations Globally in 6G Patent Filings

India has secured a spot among the top six nations globally in 6G patent filings, marking a significant milestone in its telecom innovation journey. Union Minister of State for Telecom Chandra Sekhar Pemmasani announced the achievement at the BHARAT 6G 2025 conference, highlighting India’s rapid advancements in next-generation wireless technology. India’s 6G Research & Development…

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Cabinet Approves ₹3,700 Crore Semiconductor Plant in Uttar Pradesh

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a ₹3,700 crore semiconductor manufacturing unit in Jewar, Uttar Pradesh, under the India Semiconductor Mission (ISM). The project is a joint venture between HCL and Foxconn, marking a significant step in India’s semiconductor industry expansion. Key Highlights of the Semiconductor Plant…

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Govt-Owned IIFCL Achieves Record Profit After Tax of ₹2,165 Crore in FY25

India Infrastructure Finance Company Limited (IIFCL), a government-owned financial institution, has reported its highest-ever profit after tax (PAT) of ₹2,165 crore for the financial year 2024–25 (FY25), marking a 39% increase from ₹1,552 crore in the previous fiscal year. This milestone continues IIFCL’s impressive financial trajectory, with PAT rising 42 times compared to its performance…

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Gensol Engineering Challenges SEBI Ban in SAT, Hearing Held Today

Gensol Engineering Ltd has approached the Securities Appellate Tribunal (SAT) to challenge the April 15 interim order issued by the Securities and Exchange Board of India (SEBI), which barred the company’s promoters from accessing the securities market. SEBI’s Allegations Against Gensol Engineering SAT Hearing & Gensol’s Defense SAT’s Decision Regulatory & Legal Implications With SEBI…

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MRF Q4 Results: Profit Surges 31%, Announces Highest-Ever Dividend of ₹229 Per Share

India’s leading tyre manufacturer, MRF Ltd, has reported a 31% year-on-year (YoY) increase in net profit for the fourth quarter of FY25, reaching ₹498 crore, driven by strong revenue growth and improved operating margins. Financial Highlights Dividend Announcement & Market Reaction Future Outlook MRF continues to focus on expanding its tyre portfolio, with analysts expecting…

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APL Apollo Q4 Results: Profit Surges 72%, Board Approves ₹1,500 Crore Capex

APL Apollo Tubes Ltd has reported a 72% year-on-year (YoY) increase in net profit for the fourth quarter of FY25, reaching ₹293 crore, driven by strong revenue growth and improved operating margins. Financial Highlights Strategic Expansion & Capex Plan Dividend Announcement & Market Reaction Future Outlook APL Apollo continues to focus on innovation, operational efficiency,…

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Info Edge Sees Nearly 10X Gains on Investments in Zomato, PolicyBazaar, and Naukri

Info Edge, the parent company of Naukri.com, has reported massive returns on its investments in Indian startups, with its portfolio now valued at ₹36,855 crore, nearly 9.3 times its initial investment of ₹3,959 crore. Investment Success & Growth Phases of Investment Strategy Info Edge’s journey as a financial investor has evolved through four distinct phases:…

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India’s First Offshore Decommissioning Project Successfully Completed by Shell, Reliance, and ONGC

In a landmark achievement for India’s energy sector, Shell, Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation (ONGC) have successfully completed the country’s first offshore facilities decommissioning project. Project Overview The Panna-Mukta and Tapti (PMT) joint venture, operating under a production sharing contract with the Government of India, undertook the safe removal of…

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Bhavish Aggarwal’s Ola Brand IP Shift Sparks Investor Concerns Amid Restructuring

Ola founder Bhavish Aggarwal is reportedly planning to transfer the intellectual property (IP) rights of the Ola brand from ANI Technologies to a holding company controlled by his family office, raising concerns among investors about the potential impact on future earnings and strategic control. Restructuring and Investor Concerns ANI Technologies, the parent company of Ola…

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Indian Banks Face Major Setback as Supreme Court Orders Bhushan Power Liquidation

Indian banks are bracing for significant financial losses after the Supreme Court struck down JSW Steel’s ₹19,700-crore resolution plan for Bhushan Power and Steel Ltd (BPSL), ordering its liquidation due to payment structure violations and implementation delays. Impact on Banking Sector The ruling has thrown one of India’s largest insolvency cases into turmoil, with banks…

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Coforge Q4 Results: Profit Rises 16.76% but Falls Short of Estimates, TCV Hits $1.56 Billion

IT services firm Coforge Ltd has reported a 16.76% increase in net profit for the fourth quarter of FY25, reaching ₹261.20 crore, but missing market expectations. The company’s total contract value (TCV) for the quarter stood at $1.56 billion, reflecting strong deal momentum despite revenue projections falling short. Financial Performance Overview Coforge’s Q4 revenue from…

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India Set to Become 4th Largest Economy in 2025, Poised to Overtake Germany by 2028

India is on track to surpass Japan and become the world’s fourth-largest economy in 2025, according to the latest World Economic Outlook report by the International Monetary Fund (IMF). The country’s nominal GDP for 2025 is projected to reach $4.187 trillion, slightly ahead of Japan’s estimated $4.186 trillion. India’s Economic Growth Trajectory India, which was…

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Reliance Industries Q4 Results 2025: Should Investors Buy RIL Shares?

Reliance Industries Limited (RIL) has reported strong Q4 FY25 results, beating market expectations with a 6% year-on-year (YoY) rise in consolidated profit, reaching ₹22,434 crore. The company’s revenue from operations surged 17.7% YoY to ₹33,986 crore, driven by robust performances in its Jio and Retail segments. Key Financial Highlights Market Reaction and Expert Opinions Analysts…

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Hindustan Zinc Reports 47% Surge in Q4 Profit to ₹3,003 Crore, Revenue Up 20%

Vedanta Group firm Hindustan Zinc Ltd (HZL) has posted a 47% year-on-year (YoY) increase in its Q4 FY25 consolidated net profit, reaching ₹3,003 crore. The company attributes this growth to record metal production, lower production costs, and improved market premiums. Key Financial Highlights Strategic Developments Market Performance Despite strong financial results, Hindustan Zinc’s stock slipped…

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Zomato Food Delivery CEO Rakesh Ranjan Steps Down Amid Leadership Reshuffle; Deepinder Goyal to Oversee Operations

Zomato’s food delivery division is undergoing a significant leadership transition as Rakesh Ranjan, the Chief Executive Officer of the segment, has stepped down from his role. The move comes as part of an internal restructuring within Eternal, Zomato’s parent company. Founder and Group CEO Deepinder Goyal will temporarily oversee the food delivery vertical until a…

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Pakistan Stock Exchange Plunges as India Suspends Indus Water Treaty Amid Rising Tensions

The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Thursday, with the benchmark Karachi-100 index dropping over 2% following India’s decision to suspend the Indus Water Treaty. The move, announced in response to the Pahalgam terror attack, has intensified geopolitical tensions between the two nations, triggering panic among investors. The Karachi-100 index fell by…

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Gold Prices Near ₹1 Lakh: Will the Rally Continue or Is a Correction Coming?

Gold prices in India have surged past the ₹1 lakh per 10 grams mark, driven by global economic uncertainty, a weakening US dollar, and strong investor demand. However, experts are now debating whether the rally will continue or if a correction is imminent. Gold’s Record-Breaking Surge Expert Predictions: More Gains or a Pullback? Investment Strategy…

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Air India Eyes Boeing Jets Rejected by China Amid US-China Trade War

Air India is reportedly exploring the opportunity to acquire Boeing aircraft originally intended for Chinese airlines, following escalating trade tensions between Washington and Beijing. The move comes as China halts further deliveries of US-manufactured Boeing jets, creating a window for India’s national carrier to expand its fleet. Strategic Shift in Aircraft Acquisition Impact of US-China…

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Namita Thapar Addresses ‘Nepo-Kid’ Label, Says Success Requires Determination and Skill

Shark Tank India judge and Emcure Pharmaceuticals Executive Director Namita Thapar has responded to being labeled a ‘nepo-kid’ and ‘papa ki pari’, emphasizing that success in business requires determination and skill. In an exclusive interview, Thapar shared her perspective on second-generation entrepreneurs, highlighting their role in India’s economic growth. Thapar’s Response to Nepotism Claims Thapar…

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Assam Electricity Regulatory Commission Approves APDCL’s Purchase of 500 MW Power

The Assam Electricity Regulatory Commission (AERC) has granted in-principle approval to the Assam Power Distribution Company Ltd. (APDCL) for the purchase of 500 MW of power from four different power-generating companies. The move aims to address Assam’s growing electricity demand, driven by rapid industrialization, urbanization, and rural electrification efforts. Details of the Power Procurement Plan…

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Ashneer Grover’s Ambitious Note to Anmol Jaggi: Challenging Ola and Uber with BluSmart

Former BharatPe co-founder and Shark Tank India judge Ashneer Grover once expressed his desire to disrupt the ride-hailing market dominated by Ola and Uber, in collaboration with BluSmart co-founder Anmol Jaggi. A handwritten note from Grover, dating back two years, revealed his ambitious vision for the partnership. The Note That Sparked Conversations In 2023, Grover…

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India’s Shipbuilding Push: Can It Reduce the $75 Billion Import Bill?

India is exploring ways to strengthen its domestic shipbuilding industry to reduce its $75 billion annual import bill on foreign vessels. With 95% of India’s trade dependent on foreign-owned ships, experts argue that investing in local shipbuilding could enhance economic security and reduce forex outflows. Current Challenges in India’s Shipbuilding Sector Despite being the 16th…

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