Walmart-owned Flipkart’s Sriram Venkatraman to quit as group CFO ahead of planned IPO

Venkatraman, who joined the e-commerce major in 2015, he has been reducing operational involvement over the past six months or so, sources told . Sriram Venkatraman is stepping down from his position as group chief financial officer (CFO) at Flipkart ahead of the company’s planned initial public offering (IPO), the e-commerce major announced on March…

NSE IPO: Sebi issues no-objection certificate

Sebi’s NoC puts an end to nine years of waiting for NSE’s initial public offering (IPO). The Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the public listing of National Stock Exchange of India Ltd (NSE), according to two people familiar with the matter. The development puts an end…

Maruti Suzuki plans phased localisation of EV components in next few years

  The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment   Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…

Technical View: Nifty 50’s path to 25,800 hinges on crossing Monday’s high; Bank Nifty stays firm above all moving averages

The weekly options data indicated that the Nifty 50 is expected to trade in the 25,400–26,000 range in the short term.   Nifty outlook for November 11 The Nifty 50 snapped a three-day losing streak and negated the lower high–lower low structure of the previous six consecutive sessions, closing one-third of a percent higher on…

More reform announcements likely by Diwali, says NITI Aayog CEO BVR Subrahmanyam

  NITI Aayog CEO also revealed that several committees led by Cabinet Secretary Rajiv Gauba have submitted their first set of reports on proposed reform measures, signalling that the government’s structural reform push is gaining momentum. India could see another round of major reform announcements by Diwali as the government steps up efforts to boost…

Domestic auto wholesales up 7.8% in July 2025; passenger vehicle dispatches dip marginally

Passenger vehicles was the only segment that reported a minor de-growth   The total domestic wholesales of passenger vehicles (PV), three wheelers (3W), two wheelers (2W) and quadricycle in July 2025 grew 7.8% to 19,37,921 units as compared with 17,97,571 units in the same month last year.  PV was the only segment that reported a…

India-UK trade deal: Tariff on imported whisky halved, automotive duty cut to 10 percent under quota

The FTA has taken place in the backdrop of growing economic relations between India and the UK, and the bilateral trade of about $60 billion between both nations is projected to double by 2030, a government statement has said. PM Narendra Modi made the FTA announcement after a telephonic conversation with his British counterpart Keir…

Technical View: Nifty may consolidate further until it decisively closes above 20-day EMA, India VIX at 2.5-month low

As per the weekly options data, the Nifty may face hurdles at the 22,500-22,700 zone, with support placed at the 22,000 levels. Nifty Trend The Nifty 50 extended its downward move for another session amid rangebound trading, falling by a third of a percent on March 13, tracking the nervousness in Asian peers. The index…

March has saved Nifty before: Will it be enough to end India’s brutal market slump?

Foreign investors have sold $25 billion worth of Indian equities since the end of September, with $4.1 billion exiting in February alone. While domestic institutional investors have provided some support, inflows are slowing.   India’s NSE Nifty 50 saw its fifth consecutive monthly decline, marking its longest losing streak since 1996. The index is now…