Business

Bengaluru-based contract manufacturing unicorn Zetwerk is set to invest between Rs 500–800 crore in expanding its component manufacturing capabilities. The ambitious investment will drive production of critical items such as printed circuit boards (PCBs), enclosures, and electromechanical components—including heat sinks and sensors—leveraging the government’s Production Linked Incentive (PLI) scheme. Zetwerk’s co-founder, Rahul Sharma, stated, “We…

Amid a backdrop of geopolitical tensions and economic headwinds, veteran investor and Motilal Oswal Group co-founder Raamdeo Agrawal has urged new investors to embrace patience and discipline as essential tools for navigating today’s volatile markets. Speaking to ET Now, Agrawal acknowledged that many retail investors are feeling disillusioned by the current “dull phase” in the…

The Securities and Exchange Board of India (SEBI) has taken decisive action against two market operators—Shivprasad Pattiya and Alkesh Narware—for orchestrating a fraudulent scheme that misled investors and manipulated illiquid stock options. The regulator has barred both individuals from accessing the securities market for three years and ordered them to return ₹4.83 crore along with…

In a major push toward sustainable energy, Hindustan Petroleum Corporation Ltd (HPCL) has announced a ₹2,000 crore investment to establish 24 compressed biogas (CBG) plants across India over the next three years. The initiative, led by its subsidiary HPCL Renewable and Green Energy Ltd, aims to accelerate India’s transition to cleaner, domestically produced fuels and…

As India and the European Union accelerate negotiations on a comprehensive Free Trade Agreement (FTA), a key focus area has emerged: the export of green hydrogen and its derivatives through the strategic European ports of Rotterdam (Netherlands) and Antwerp (Belgium). This development aligns with both India’s National Green Hydrogen Mission and the EU’s Hydrogen Strategy,…

Shares of India Pesticides Ltd surged over 11% in Friday’s trading session after the Ministry of Finance imposed a five-year anti-dumping duty on Pretilachlor imports from China. The move aims to protect domestic agrochemical manufacturers from unfair pricing and boost indigenous production of this critical herbicide used in rice cultivation. 🌾 What Is Pretilachlor and…

Electronics and semiconductor solutions provider Kaynes Technology India Ltd. has launched a Qualified Institutional Placement (QIP) to raise up to ₹1,600 crore, setting the floor price at ₹5,625.75 per share, according to regulatory filings. The fundraising initiative, approved by the board and shareholders earlier this year, is aimed at accelerating overseas expansion, reducing debt, and…

The Reserve Bank of India (RBI) has released its final guidelines on project finance provisioning, significantly easing earlier proposals and offering relief to banks and NBFCs. Effective October 1, 2025, lenders must maintain a general provision of 1.25% for under-construction commercial real estate (CRE) projects and 1% for CRE-residential housing (CRE-RH) and other project loans…

In a significant boost to India’s engineering prowess, Tata Technologies has been selected as a strategic supplier by Volvo Cars to deliver advanced product and component engineering services. The collaboration marks a major expansion of their long-standing partnership and reinforces Tata Technologies’ role in shaping the future of software-defined and sustainable mobility. 🔧 Partnership Scope…

In a light-hearted twist that’s taken the fintech world by storm, Zerodha co-founder and billionaire Nithin Kamath revealed that his credit score of 747 falls just short of the 750-point threshold required to join CRED, the elite credit rewards platform founded by Kunal Shah. Kamath shared a screenshot of his score on X (formerly Twitter),…