Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
FedEx held the groundbreaking ceremony for a $150 million integrated cargo hub at Delhi's Indira Gandhi International Airport on Tuesday. The facility will span 230,000 sq ft and increase processing capacity from…
Varun Beverages, the PepsiCo bottler, has approved a wholly owned subsidiary called KIVA Spirits and Company to enter the ready-to-drink alcoholic beverages business in India, subject to regulatory approvals. The subsidiary has…
Federal Bank on Tuesday denied reports it was in advanced talks to acquire a majority stake in Jana Small Finance Bank, saying in a regulatory filing that it routinely evaluates opportunities but…
Karan Aggarwal, co-founder and CIO at Ametra PMS, has said the Nifty 50 could reach 27,000 by March 2027 under a best-case scenario, assuming no global shocks and EPS growth of 10-11%.…
Biju Balendran, Deputy Managing Director of JSW MG Motor India, said the electric vehicle industry's next challenge is achieving competitiveness, scale and profitability. Speaking at the ETAuto Retail Forum 2026, he emphasised…
Elara Capital has reiterated a buy rating on Nykaa (FSN E-Commerce Ventures) and raised its target price to Rs 475 from Rs 400, implying a 43 per cent upside from the current…
Brokerage firms have issued buy ratings on Cummins India and Hyundai Motor India, setting target prices of Rs 6,400 and Rs 2,600 respectively. For Cummins India, the positive outlook is driven by…
HEG Ltd has set September 7 as the record date for its demerger, under which its graphite electrodes business will be transferred to HEG Graphite, a new listed entity. Shareholders will receive…
India's crude steel output rose 1.9% year-on-year to 14.4 million tonnes in July, even as global output fell 0.3%, data from the World Steel Association shows. India remained the world's second-largest producer,…
Indian refiners are reducing purchases of Russian crude in August, as Ukrainian attacks on Russian ports and refineries disrupt export flows. Imports from Russia are expected to drop to about 2 million…
