National Stock Exchange of India Limited (NSE) on Friday announced that it has completed the process of selecting merchant bankers, legal advisors and other intermediaries for its proposed Initial Public Offering (IPO), marking a significant step toward taking the exchange public.According to an official statement, the selection process was conducted through a structured and transparent…
Global brokerage UBS has downgraded shares of India’s major oil marketing companies (OMCs) after global crude oil prices surged past $100 per barrel amid escalating tensions in West Asia.The brokerage downgraded Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL) to a “neutral” rating, while Hindustan Petroleum Corporation Limited (HPCL) was downgraded to “sell.”According…
The international energy market has been thrown into a state of high volatility as U.S. crude oil futures skyrocketed by 12% per barrel following a sharp escalation in the conflict involving Iran. This sudden spike, one of the most significant single-day jumps in recent years, reflects the growing fear among traders that a full-scale regional…
The top leadership at Tata Sons is witnessing a significant shift in dynamics as Chairman N. Chandrasekaran approaches the end of his current tenure in February 2026. While a five-year extension for Chandrasekaran was widely expected given the group’s massive expansion into digital and electronics sectors, Noel Tata, the Chairman of Tata Trusts, has reportedly…
E-commerce major Amazon has inaugurated a new 12-story corporate office in Bengaluru, marking its second-largest campus in Asia after its facility in Nanakramguda, Hyderabad.Spread across 1.1 million square feet, the new campus can accommodate over 7,000 employees working across key verticals such as e-commerce, operations, payments, technology, and seller services. The company said the building…
India is currently undergoing one of the most ambitious digital infrastructure expansions in history, with the data center sector poised to attract over $200 billion in investment by 2030. According to recent reports from the India AI Impact Summit 2026, the nation’s total data center capacity is projected to skyrocket from 1.5 gigawatts (GW) in…
Shares of Adani Enterprises rose nearly 3 per cent on the BSE on Tuesday, hitting an intra-day high of ₹2,252.6 after the company announced a massive $100 billion investment plan to build renewable-energy-powered, AI-ready data centers by 2035. The stock was trading 2.17 per cent higher at ₹2,232 in afternoon trade, outperforming the broader BSE…
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has acquired a majority stake in Australia-based health beverage company Goodness Group Global Pty. Ltd., marking its entry into the Australian consumer goods market.The acquisition brings popular health-focused brands such as Nexba and PACE into RCPL’s portfolio. PACE is a hydration drink co-created with…
Bharti Airtel reported a sharp 55% year-on-year decline in consolidated net profit to ₹6,630 crore for the October–December 2025 quarter, largely due to the impact of new Laboure codes and a high base effect from last year. The company absorbed a ₹257 crore hit from higher provisions for gratuity and compensated absences. In the year-ago…
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has launched Jio-bp’s petrol with revolutionary ACTIVE Technology at India Energy Week 2026 in Goa, setting a new benchmark in fuel performance for Indian motorists. The newly introduced petrol, marketed by Jio-bp, is designed to actively clean critical engine parts by removing existing deposits, thereby…
