The Indian banking sector marked a historic milestone on January 2, 2026, as the Nifty Bank index surged past the 60,000 level for the first time, touching a fresh all-time intraday high of 60,203.75 before closing slightly lower at 60,176.0. The index ended the session with a 0.78% gain, reinforcing its leadership role in the […]
Devyani International Limited (DIL) and Sapphire Foods India Limited (SFIL) on January 1 announced a definitive merger agreement to create India’s largest franchisee of Yum! Brands, consolidating operations of KFC-Pizza Hut across India and Sri Lanka. The all-stock transaction values the deal at approximately $934 million (around ₹7,800 crore). KFC-Pizza Hut Merger Structure and Valuation
Shares of tobacco companies fell sharply on January 1 after the government notified a new excise duty structure on cigarettes and tobacco products, marking a significant overhaul of the sector’s tax framework. ITC shares declined nearly 10%, touching levels close to a three-year low and recording their steepest single-day fall in almost four years. The
Indian steel stocks rallied sharply after the government announced a three-year safeguard duty of up to 12% on select steel imports, a decisive policy move aimed at protecting the domestic industry from a surge in low-priced overseas supplies. The announcement triggered renewed buying interest across this sector, reinforcing investor confidence that pricing discipline and margin
Reliance Ltd has laid out its most ambitious technology vision yet, as Chairman Mukesh Ambani unveiled a draft Reliance AI Manifesto, positioning artificial intelligence as the central force shaping the company’s next phase of growth and India’s broader technological transformation. Calling AI “the most consequential technological development in human history,” Ambani said the world has
India is set to conclude 2025 on one of its strongest macroeconomic footings in recent history, marked by robust economic growth, sharply easing inflation, improving employment conditions, and rising global confidence. Government data, supported by projections from leading global institutions, point to a rare alignment of growth and stability often described as a “Goldilocks phase”
India’s 2025 Goldilocks Phase: High Growth, Low Inflation and strong Economic Strength Read More »
India’s upcoming IPO landscape is entering a decisive phase as the primary market moves into 2026 with one of the densest pipelines in its history. After a record-setting 2025, investors are now closely tracking what are the upcoming IPOs in India, as both established market leaders and new-age unicorns line up to tap public markets.
10 Upcoming IPOs in India: 2026 Could fulfill the Largest IPO Cycle in History Read More »
India’s largest jewellery retailer, Titan Company Limited, has formally entered the lab-grown diamond (LGD) jewellery segment with the launch of its new brand beYon, marking a significant strategic move aimed at addressing shifting consumer preferences and emerging disruption within the jewellery market. The company will open its first exclusive beYon store in Mumbai on December
Titan marks Lab-Grown Diamond Market With ‘beYon’, Strategic shift in Jewellery Retail Read More »
US President Donald Trump said on Sunday that negotiations between Russia and Ukraine have reached their most advanced stage so far, following discussions with Ukrainian President Volodymyr Zelenskyy at his Florida residence. While expressing optimism about the progress, Trump cautioned that the talks remain fragile, noting that unresolved issues could still derail the process and
Russia and Ukraine Peace Talks: A Matter for Global Markets Read More »
Indian Market / Leave a Comment Quick commerce startup Zepto has initiated preparations for its stock market debut, becoming the latest new-age company to line up for a public listing as India’s IPO pipeline builds momentum into 2026. Zepto has begun confidentially pre-filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board
Zepto Begins IPO Process, Targets 2026 Listing Amid Intense Quick Commerce Battle Read More »
