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JSW Motors to launch first car before Diwali, eyes mainstream EV market by 2027
Synopsis: JSW Motors Ltd, the automotive unit of the JSW Group, will launch its first passenger vehicle — a plug-in hybrid SUV — in India before Diwali 2026, with production starting in August at its…
Jio Financial sets up AIF management arm; incorporates wholly owned subsidiary
Synopsis: Jio Financial Services has incorporated a wholly owned subsidiary, Jio Alternative Investment Manager Ltd, to act as investment manager for a proposed alternative investment fund, marking a step-up in its asset management ambitions. …
UltraTech Cement Q3 profit jumps 32% as volumes surge, costs ease
Synopsis: UltraTech Cement reported a 32% year-on-year rise in adjusted profit in Q3 FY26, driven by strong volume growth, better operating leverage and lower power and logistics costs, even as realisations remained under pressure. …
Hitachi Energy India faces ₹26 crore tax demand for FY23; to challenge order
Synopsis: Hitachi Energy India has received an income-tax demand of about ₹26 crore for assessment year 2022–23, stemming from disallowances related to interest on delayed receivables and group management fees, and plans to appeal the…
Kotak Mahindra Bank board clears plan to raise up to ₹15,000 crore via NCDs in FY27
Synopsis: Kotak Mahindra Bank’s board has approved a proposal to raise up to ₹15,000 crore through unsecured, redeemable non-convertible debentures in FY 2026-27, giving the lender flexibility to bolster its funding base. Mumbai: Kotak…
India Accelerator launched to tackle equitable skilling barriers under WEF’s Reskilling Revolution
Synopsis: At the World Economic Forum’s annual meeting in Davos, India unveiled a national Skills Accelerator as part of the WEF’s Reskilling Revolution network, aiming to address barriers to equitable skilling and improve industry-aligned workforce…
Bank unions call one-day strike on January 27; PSU banks warn of service disruption
Synopsis: Public sector banks including PNB, Bank of Baroda, Indian Bank and Bank of Maharashtra have cautioned customers about possible service disruptions on January 27 after bank unions announced a nationwide strike over pending demands.…
HCLTech to acquire Singapore-based Finergic for $19 million to deepen wealth management play
Synopsis: HCLTech will acquire Singapore-based wealth consulting firm Finergic for $19 million in an all-cash deal to strengthen its digital transformation and core banking capabilities in the fast-growing wealth management segment. New Delhi: HCL…
Infosys opens new Zurich office to deepen enterprise AI push in Switzerland
Synopsis: Infosys has inaugurated a new Zurich office, relocating its Swiss headquarters to The Circle at Zurich Airport, as it steps up focus on enterprise AI, cloud and digital transformation across key European industries. …
NCLT approves JSW Infrastructure’s resolution plan for NCR Rail Infrastructure
Synopsis: The NCLT’s Mumbai bench has approved JSW Infrastructure’s resolution plan for NCR Rail Infrastructure, clearing the way for the JSW Group firm to take control of the stressed rail logistics company. New Delhi:…
Latest News
Adani Power says no allegations against company; US summons report doesn’t trigger disclosure norms
Synopsis: Adani Power clarified that it is not a party to any US legal proceedings mentioned…
United Breweries rolls out productivity drive, targets 3–6% annualised cost savings
Synopsis: United Breweries’ board has approved a productivity and cost-effectiveness programme aimed at streamlining operations, optimising…
RBI flags rising state deficits, warns demographic shift will reshape public finances
Synopsis: States’ fiscal deficit has climbed back to 3.3% of GDP, while ageing populations in…
IPO pipeline stays busy but value moderates; FPIs pull out ₹38,500 crore in December: SEBI bulletin
Synopsis: December saw a surge in IPO volumes but relatively lower fund mobilisation, while foreign…
PhonePe files updated DRHP for IPO; Walmart, Tiger Global and Microsoft arm to pare stakes
Synopsis: PhonePe has filed an updated draft red herring prospectus with SEBI for a 100%…
PLI white goods scheme gains momentum; five firms picked in latest round, ₹8,300 crore output expected
Synopsis: Five companies have been provisionally selected under the fourth round of the PLI scheme…
India lays out techno-legal framework for AI governance; pushes pro-innovation safeguards
Synopsis: The Office of the Principal Scientific Adviser has released a white paper proposing a…
World Bank approves first regional electricity market plan for Central Asia
Synopsis: The World Bank’s Board has approved a $1.018 billion Regional Electricity Market Interconnectivity and…
MSME News
CCI clears JSW Steel–JFE deal for Bhushan Power assets
Synopsis: The Competition Commission of India has approved JSW Steel’s proposed strategic joint venture with Japan’s JFE Steel for the steel business of Bhushan Power…
Nestlé India gets relief as Supreme Court dismisses tax department appeals
Synopsis: Nestlé India said the Supreme Court has dismissed income tax department appeals related to the disallowance of general licensing fees for multiple assessment years,…
NDTV drops plans for three HD news channels, surrenders MIB approval
Synopsis: NDTV has voluntarily surrendered the government approval for launching three proposed high-definition news channels after an internal strategic review, saying the move will not…
SEBI Investor Survey 2025: Awareness rises, but India’s investing leap remains unfinished
Synopsis: SEBI’s Investor Survey 2025 shows 63% of Indian households are aware of securities products, yet a large gap persists between awareness and actual participation, especially in rural India. Digital reforms have expanded access, but risk aversion, low literacy and trust deficits continue to slow deeper market penetration. New Delhi: India’s long march from…
HCLTech deepens Australia push with AI-led logistics deal
Synopsis: HCLTech has expanded its partnership with Australia–New Zealand logistics major Team Global Express, consolidating its IT operations under a single AI-driven, end-to-end managed services model to boost efficiency, compliance and customer experience. New Delhi: HCL Technologies has strengthened its presence in the Australia and New Zealand market by expanding its partnership with Team…
Birla Opus Spotting Early Signs of Digital Buying in India’s Paints Market
Synopsis: Birla Opus Paints reports early signs of digital engagement in the Indian decorative paints market, traditionally dominated by offline sales. The company’s marketing head cites evolving consumer behaviour, with digital discovery and assisted buying gaining traction alongside core offline purchase activities. New Delhi: Birla Opus Paints, the fast-growing decorative paints arm of Grasim…