India’s total installed power capacity witnessed robust growth during April-May 2025, driven by significant additions in renewable and nuclear segments. According to official data released by the Central Electricity Authority (CEA), India’s installed capacity reached 434.92 GW by end of May 2025, registering a net addition of over 4.5 GW in the first two months…
Reliance Industries Ltd (RIL), India’s largest company by market capitalisation, has staged a remarkable turnaround on the stock market, shifting from being the biggest drag on the Nifty 50 index earlier this year to emerging as its top driver in recent weeks. This reversal reflects a combination of strong operational performance, strategic announcements, and improving…
In a major move to enhance national energy security, India has announced plans to construct three new strategic petroleum reserves (SPRs) to strengthen its emergency crude storage capacity and meet the International Energy Agency’s (IEA) recommended standards. This decision comes amid rising global oil market volatility and geopolitical uncertainties that have exposed vulnerabilities of major…
India’s discount broking pioneer and Zerodha CEO Nithin Kamath has weighed in on the latest development of JioBlackRock securing a stockbroking license, stating that while the entry of deep-pocketed players will grow the market, success in broking requires far more than just capital. In a candid social media post on Monday, Kamath commented on Reliance…
In a major development with far-reaching implications for corporate accountability and India’s banking sector, State Bank of India (SBI) has decided to classify loan accounts of Reliance Communications (RCom) as fraud and report its former promoter Anil Ambani’s name to the Reserve Bank of India (RBI) under the central bank’s master directions on wilful defaulters…
India’s paint industry, once a beacon of post-pandemic recovery, is now navigating a turbulent phase marked by overcapacity, intense competition, and slowing demand growth. According to industry insiders, the sector is witnessing a mismatch between production expansion and actual market consumption, raising concerns over profitability, pricing discipline, and long-term sustainability. 📌 Key Highlights Indicator Status…
In a significant development for retail and institutional investors seeking low-risk avenues for parking short-term funds, JioBlackRock Mutual Fund is set to launch its maiden liquid fund scheme. The JioBlackRock Liquid Fund New Fund Offer (NFO) opens for subscription on June 30, 2025, marking the entry of this Reliance-BlackRock joint venture into India’s competitive money…
Prestige Group has announced a strategic joint venture with Chennai-based Arihant Foundations and Housing Ltd to develop a ₹1,600 crore premium residential project in Velachery, one of Chennai’s most sought-after neighborhoods. The project will be executed through their JV entity, Canopy Living LLP, and marks a significant expansion of Prestige’s footprint in South India. 🏗️…
Titagarh Rail Systems Ltd. (TRSL) has clinched a significant ₹430.53 crore contract from the Maharashtra Metro Rail Corporation Limited (MMRCL) for the supply of 12 additional trainsets for the Pune Metro Rail Project. The order marks a strategic expansion of TRSL’s footprint in India’s urban transit sector and reinforces its position as a leading rolling…
India’s largest listed real estate developer DLF Ltd has made a high-profile return to Mumbai after over a decade, announcing a ₹2,500 crore premium residential project named ‘The Westpark’ in Andheri West. The project, developed in partnership with Trident Realty, marks DLF’s formal re-entry into one of India’s most competitive real estate markets. 🏗️ Project…
