In a major corporate development, Britannia Industries Ltd. has announced the immediate resignation of Varun Berry from his role as Managing Director and Chief Executive Officer, ending a decade-long tenure that saw the company expand aggressively into dairy, snacking, and global markets. The board accepted Berry’s resignation on November 10, 2025, waiving the standard notice…
India is set to drive the global economy in the coming years, according to Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company, who described the country as the “engine of the global growth train” during his keynote address at the Kotak International India Insight Summit held at The Metropolitan Club in New York….
In a major move aimed at deepening India’s cash equities market and aligning regulatory frameworks with global standards, the Securities and Exchange Board of India (SEBI) will form a working group to review short-selling norms and the Securities Lending and Borrowing Mechanism (SLBM). SEBI Chairman Tuhin Kanta Pandey announced the initiative during the Global Leadership…
In a landmark moment for India’s edtech sector, PhysicsWallah founders Alakh Pandey and Prateek Boob have officially entered the billionaire club, ahead of the company’s highly anticipated ₹3,480 crore initial public offering (IPO). The Noida-based startup, which began as a YouTube channel in 2016, has grown into one of India’s most successful education platforms, offering…
In a significant boost to investor confidence, Fitch Ratings has upgraded the credit outlook for Adani Ports and Special Economic Zone Ltd (APSEZ) and Adani Energy Solutions Ltd (AESL) from ‘Negative’ to ‘Stable’, while affirming their long-term issuer ratings at ‘BBB-’. The revision reflects the global rating agency’s assessment of reduced contagion risk across the…
Astrotalk founder and CEO Puneet Gupta recently shared a light-hearted anecdote that went viral across social media, offering a humorous glimpse into how perceptions shift when money enters the conversation. In a post on X (formerly Twitter), Gupta recounted how his newly hired driver’s demeanor changed dramatically after overhearing a phone call involving a ₹100-crore…
As Lenskart’s ₹7,278 crore IPO opened for subscription on October 31, 2025, investor sentiment remains divided over whether the eyewear giant can replicate the surprise rally seen in Honasa Consumer’s (Mamaearth) listing. While Honasa defied expectations with a sharp post-IPO surge, Deepak Shenoy, founder and CEO of Capitalmind Asset Management, cautioned that Lenskart’s debut could…
India’s ambitious ₹7,300 crore initiative to build a domestic rare earth magnet manufacturing ecosystem has hit a major roadblock following China’s decision to tighten export controls on key processing equipment. The move, announced by China’s Bureau of Security and Control, includes restrictions on centrifugal extraction machinery and intelligent impurity-removal systems—both critical for rare earth element…
Kotak Mahindra Bank CEO and Managing Director Ashok Vaswani has stated that it is “premature” to comment on the potential acquisition of IDBI Bank or any other strategic deals currently circulating in the market. Speaking during the bank’s post-earnings media call on October 25, 2025, Vaswani emphasized that the bank is evaluating multiple opportunities but…
India’s equity markets are poised for a transformative decade, driven by the disciplined rise of Systematic Investment Plan (SIP) investors, robust domestic flows, and a maturing financial ecosystem, according to Navneet Munot, Managing Director and CEO of HDFC Asset Management Company. Speaking ahead of Samvat 2082, Munot emphasized that patience, active management, and financial inclusion…
