Global private equity giant TPG Capital is in advanced negotiations to acquire a 30–40% minority stake in IIFL Capital Services, the flagship listed financial services company led by billionaire entrepreneur Nirmal Jain. If consummated, the transaction could position TPG as the single largest shareholder in IIFL Capital and trigger a mandatory open offer for an […]
Bharat Coking Coal IPO Price: ₹21 to ₹23 per share IPO Dates: 9th January 2026 – 13th January 2026 Company Overview Bharat Coking Coal Limited (BCCL) was incorporated in 1972 and is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India Limited. Operations
Details of Bharat Coking Coal Limited IPO : Lot Size, Check Issue Date, Price Read More »
Overview : A Sudden Escalation With Global Implications Global markets were jolted on January 3, 2026, after US-Venezuela conflict surfaced abruptly. US President Donald Trump claimed that American forces had carried out a “large-scale strike” in Venezuela and captured President Nicolás Maduro, along with his wife, flying them out of the country. The announcement, made
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India has approved a ₹41,863 crore electronics manufacturing investment under the Electronics Components Manufacturing Scheme (ECMS), clearing 22 new projects aimed at strengthening domestic supply chains, reducing import dependence, and accelerating high-value manufacturing. The approvals are expected to generate 33,791 direct jobs and production output worth over ₹2.58 lakh crore, marking one of the largest
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 »
