L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure Larsen & Toubro (L&T) on Wednesday said that it plans to set up a joint venture with chipmaking major Nvidia to build sovereign, gigawatt-scale AI factory infrastructure in India. The…
Underscoring the growing importance of small and medium enterprises (SME) platforms as “powerful engines” for capital formation, the Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Wednesday flagged “egregious instances” of SMEs misusing regulatory relaxations, including diversion of funds and market manipulation. “These instances adversely affected investor confidence,” Pandey said,…
RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure The RBI has bought 3 trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record high of 5.7 trillion rupees The…
Zomato’s Deepinder Goyal on Wednesday announced that he is stepping down from the role of Eternal Group Chief Executive Officer, effective February 1, according to a company filing. In a letter to shareholders, Goyal said, “Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration…
Ahead of its IPO, Bharat Coking raised ₹273.13 crore from 15 institutional investors through an anchor book on January 8 Bharat Coking Coal IPO:The initial public offering (IPO) of Bharat Coking Coal, a subsidiary of Coal India, opens for public subscription on Friday, January 9, 2026. The ₹1,071.11 crore mainline offering comprises an offer for…
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff New Delhi: India’s services sector growth declined to an 11-month low in December amid slow expansion in new businesses, according to a private survey on Tuesday. The seasonally adjusted HSBC…
Zomato clarified that the higher incentive move for delivery workers on December 31 was a regular process and did not relate to the ongoing strike by gig workers. Food delivery platform Zomato has hiked the incentive for its delivery partners during peak hours and year-end days as the company expects demand to go up during…
Between April and December 2025, real estate companies completed 11 capital market transactions, including IPOs, qualified institutional placements (QIPs), REIT issuances and rights issues. Notably, the number of deals completed so far in FY26 already matches the total recorded in the entire FY25. Indian real estate is witnessing one of its strongest fundraising phases…
RBI data released on 26 December shows that India’s forex reserves recorded a $4.37 billion jump to a near record high of $693.32 billion as of 19 December 2025. Here’s how much gold the central bank holds in its reserves. The Reserve Bank of India (RBI) data for the country’s foreign exchange (forex) reserves show…
In 2025, equity performance varied significantly with silver funds leading at 128% returns. Large and midcap funds excelled due to quality stock selection, while smallcap funds struggled. Flexi cap mutual funds are the ones which offer the flexibility of investing across market capitalisation i.e., large cap, mid cap and small cap.Calendar year 2025 has been…