In a significant development in the long-running Sahara refund case, Sahara India Commercial Corporation Ltd has informed the Supreme Court of India of its intent to sell 88 real estate properties to Adani Properties Ltd in a deal reportedly valued at over ₹1 lakh crore. The proposal, presented before a special bench led by Chief…
India has emerged as a global leader in digital payment adoption, with 87% adaptability across urban and rural segments, according to Union Finance Minister Nirmala Sitharaman. Speaking at the inauguration of the dhaRti BioNEST Incubation Centre at IIT Dharwad on October 14, 2025, Sitharaman emphasized that the country’s fintech ecosystem is now poised to develop…
In a remarkable ascent that underscores India’s pharmaceutical prowess, Pankaj Ramanbhai Patel, chairman of Zydus Lifesciences, has emerged as Gujarat’s second richest billionaire, trailing only Gautam Adani. According to the M3M Hurun India Rich List 2025, Patel’s net worth has surged to a staggering Rs 84,510 crore, placing him among the top five pharma entrepreneurs…
Veteran fund manager Samir Arora, founder of Helios Capital, has sparked a fresh debate in India’s capital markets by stating that Foreign Institutional Investors (FIIs) rarely make serious money in IPOs, despite their aggressive bidding and high-profile participation. Speaking to ETMarkets on October 10, 2025, Arora highlighted structural inefficiencies, allocation bottlenecks, and macroeconomic headwinds that…
Union Minister for Communications Jyotiraditya Scindia has categorically ruled out any additional government bailout for Vodafone Idea (Vi), signaling a shift in the Centre’s approach to telecom sector revival. Speaking at the India Digital Summit 2025 in New Delhi, Scindia emphasized that while the government has provided significant support to ensure sectoral stability, it is…
Prime Minister Narendra Modi has declared that India is currently experiencing its most opportune moment for investment, innovation, and manufacturing, as he inaugurated the 9th edition of the India Mobile Congress (IMC) 2025 at Yashobhoomi, New Delhi. Addressing a packed audience of global tech leaders, policymakers, and entrepreneurs, Modi emphasized that India’s digital transformation, policy…
India’s digital public infrastructure (DPI) is set to enter a transformative new phase with the launch of Finternet, a universal financial ecosystem platform that will go live by 2026. Announced by Infosys co-founder and DPI visionary Nandan Nilekani at the Global Fintech Fest 2025 in Mumbai, Finternet aims to unify tokenised assets such as land,…
Shares of JSW Steel are in sharp focus after the Supreme Court refused to quash ongoing money laundering proceedings against the company and its officials in connection with the Obulapuram Mining Company (OMC) case. The apex court, in its October 7, 2025 ruling, stated that the statutory process under the Prevention of Money Laundering Act…
India’s satellite communication (Satcom) market is poised for exponential growth, with projections indicating a doubling in size over the next couple of years, according to Union Minister for Communications Jyotiraditya Scindia. Speaking at the India Space Congress 2025 held in New Delhi, Scindia emphasized that the country’s Satcom sector is entering a transformative phase driven…
India may witness another wave of transformative policy reforms ahead of Diwali 2025, according to NITI Aayog CEO BVR Subrahmanyam. Speaking at a high-level economic conclave in New Delhi on October 6, Subrahmanyam said the government is preparing to unveil a fresh set of “next-generation reforms” aimed at boosting productivity, attracting investments, and enhancing ease…
