April 11, 2026
Headlines

Business

Fitch Ratings

Fitch Ratings Upgrades Outlook on Adani Ports and Adani Energy to ‘Stable’ Amid Improved Financial Flexibility and Reduced Contagion Risk

Prasenjit Bhowmik13 mins

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…

Read More
Astrotalk CEO

Astrotalk CEO Puneet Gupta Shares Hilarious ₹100-Crore Phone Call Incident That Left His Driver Starstruck

News Desk03 mins

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…

Read More
Deepak Shenoy

Deepak Shenoy Warns Lenskart IPO Could Swing Either Way Despite Honasa’s Post-Listing Surge

News Desk03 mins

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…

Read More
Rare Earth

China’s Export Curbs Threaten India’s ₹7,300 Crore Rare Earth Magnet Manufacturing Plan

News Desk03 mins

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…

Read More
Ashok Vaswani

Kotak Mahindra Bank CEO Ashok Vaswani Says It’s Premature to Comment on IDBI Bank Acquisition and Other Strategic Deals

News Desk05 mins

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…

Read More
Navneet Munot

Navneet Munot Sees SIP Investors and Domestic Flows Powering India’s Market Growth Over the Next Decade

News Desk03 mins

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…

Read More
Trade Talks

India-US Trade Talks Progress in Cordial Atmosphere, But No Agreement Without Safeguards for Farmers, Fishermen, MSMEs: Piyush Goyal

News Desk03 mins

Union Commerce and Industry Minister Piyush Goyal has reaffirmed India’s firm stance on protecting domestic interests in the ongoing India-US bilateral trade negotiations, stating that “no agreement will be signed unless the concerns of farmers, fishermen, and MSMEs are fully addressed.” Speaking to reporters on October 18, 2025, Goyal emphasized that while discussions are progressing…

Read More
Ashwini Vaishnaw

Ashwini Vaishnaw Invites Rishi Sunak to AI Impact Summit 2026: India to Host Global South’s First AI Forum

News Desk03 mins

Union Minister for Electronics and Information Technology Ashwini Vaishnaw has formally invited former UK Prime Minister Rishi Sunak to attend the AI Impact Summit 2026, a landmark global event scheduled to be held in New Delhi on February 19–20, 2026. The invitation was extended during a recent conversation between the two leaders, where Sunak reportedly…

Read More
Venugopal Garre

India’s IPO Boom Reflects Market Maturity, Not Speculative Mania: Bernstein’s Venugopal Garre

News Desk03 mins

India’s surging IPO activity in 2025 is a reflection of market maturity, structural depth, and investor confidence—not speculative excess, according to Venugopal Garre, Managing Director at Bernstein India. Speaking to ETMarkets on October 16, 2025, Garre emphasized that the country’s IPO pipeline, which has already seen 78 mainboard listings and raised over $14.2 billion this…

Read More
Torrent Group

Torrent Group’s Billionaire Brothers Eye ₹18,000 Crore Pharma Takeover to Reshape India’s Healthcare Landscape

News Desk03 mins

India’s pharmaceutical sector is on the cusp of a historic consolidation as Sudhir and Samir Mehta, the billionaire brothers behind Torrent Group, prepare to execute one of the country’s largest pharma takeovers. With a combined net worth of $14.1 billion, the Ahmedabad-based siblings are set to acquire a controlling stake in JB Chemicals & Pharmaceuticals…

Read More