SEBI’s Mutual Fund License Queue Grows to Nine
India’s mutual fund sector sees three new license applications in Q1 FY27, expanding SEBI’s approval queue to nine entities by June 30, 2026, signaling strong market confidence.
Amazon AGI Job Cuts: AI Strategy Realignment
Amazon’s AGI division undergoes job cuts and strategic realignment, focusing on high-value AI projects under new leadership.
EU Investigates JD.com’s Ceconomy Bid Over State Aid Concerns
The European Commission is probing JD.com’s $2.5B Ceconomy acquisition under the Foreign Subsidies Regulation, examining potential Chinese state aid. Decision by Oct 2, 2026.
HP India Fined INR1.38 Billion by CCI for Cartelisation
The Competition Commission of India penalizes HP India INR1.38 billion for cartelisation and bid rigging in government tenders. Learn more about the investigation and its implications.
SEBI Approves Mutual Fund License for Carnelian Asset Management
SEBI grants mutual fund license to Vikas Khemani-led Carnelian Asset Management, enabling expansion into India’s growing mutual fund industry with diverse investment strategies.
JioBlackRock Appoints Rajiv Chhabria as Chief Business Officer
JioBlackRock Mutual Fund appoints Rajiv Chhabria as Chief Business Officer, leveraging his 22 years of experience to drive commercial growth and digital innovation in India.
Temasek Expands India Investments to Industrials & AI
Singapore’s Temasek boosts India investments in industrials and AI, targeting significant growth despite global uncertainties. India remains a top-performing market.
GreenLine & Dabur India Partner for Greener Logistics
GreenLine Mobility Solutions partners with Dabur India to deploy LNG trucks, significantly reducing long-haul freight emissions and advancing sustainable supply chains in India.
Invesco India Appoints Fatema Pacha as Equity Fund Manager
Invesco Asset Management (India) appoints Fatema Pacha as Fund Manager – Equity, effective July 22, 2026. Updates to scheme documents expected.
HFCL Invests ₹215 Cr in Data Center Tech Amid AI Boom
HFCL commits ₹215 crore to a new data center connectivity products facility, targeting September 2027 completion, driven by surging AI and cloud demand. Oriental Rail secures a ₹3.36 crore order.
Q1 Earnings: BPCL Loss vs. Trishakti Profit Surge
India’s Q1 FY27 earnings reveal a stark contrast: BPCL reports a significant net loss, while Trishakti Industries, Vardhman Special Steel, and JSW Energy show robust profit growth.
Indo-MIM IPO: ₹3,811 Cr Mainboard Launch July 23
Engineering firm Indo-MIM’s mainboard IPO opens July 23-27, 2026, aiming to raise ₹3,811 Cr. Share price ₹461-₹485. Get details.
Bharat Forge Airship Deal & Prithvi Forex Card Launch
Bharat Forge partners with Flying Whales for India-made heavy-lift airships, boosting defence under Make in India. Prithvi Exchange launches premium forex card.
InMobi Eyes $1 Billion IPO, Appoints Four Investment Banks
Adtech giant InMobi is preparing for a potential $1 billion IPO in India, appointing JPMorgan Chase, Jefferies, Kotak Mahindra Capital, and Axis Capital to manage the offering.
SEBI Approves Carnelian Asset Management for Mutual Funds
Carnelian Asset Management receives SEBI approval to launch mutual fund schemes in India, expanding its services beyond portfolio management and entering the retail investment market.
China’s New Rules Stall India-China Joint Ventures
New Chinese outbound investment rules classify India as ‘sensitive,’ requiring Beijing’s approval for joint ventures, causing significant delays.
Sunil Khanduja Appointed New Chairman of Ingersoll-Rand India
Ingersoll-Rand India appoints Sunil Khanduja as its new Chairman, succeeding Sekhar Natarajan who retires on July 26, 2026. Leadership transition effective July 27, 2026.
Anant Raj Demerges Data Centre Arm into Ashok Cloud
Anant Raj Ltd to demerge its data centre and cloud operations into a new entity, Ashok Cloud Pvt Limited. Plans include significant expansion and capital investment in digital infrastructure.
Indian Firms’ Q1 Results: CSB Bank Soars, Tata Comms Dips
Explore mixed Q1 results for Indian firms: CSB Bank posts 26.51% profit surge, while Tata Communications sees a 23.36% net profit decline. Market insights.
Cube Highways Trust InvIT IPO: Rs 5,000 Crore Issue Opens
Cube Highways Trust InvIT launches its Rs 5,000 crore IPO with units priced at Rs 151-152. Subscription open July 22-24, listing on BSE & NSE July 29.
Carnelian Asset Management Gets SEBI Approval for Mutual Funds
Carnelian Asset Management & Advisors receives SEBI approval to launch its mutual fund business, expanding investment access in India with diverse active and passive products.
India May Let Airport Operators Launch Airlines
India considers allowing airport giants like Adani Group and GMR Airports to launch airlines, aiming to boost competition in its dominated aviation market.
Nestlé India Q1 FY27 Profit Jumps 47.9% Amidst Cost Pressures
Nestlé India’s Q1 FY27 net profit surged 47.9% to ₹975 crore, defying commodity cost pressures with broad-based growth across all product categories and channels.
Xtranet Technologies IPO: Rs 166.80 Cr Issue Opens July 23
Xtranet Technologies launches its Rs 166.80 crore IPO on July 23, 2026. The book-building issue offers 1.31 crore shares at Rs 120-127 per equity share.
Jubilant Ingrevia Profit Soars 113%, Lords Ishwar Hotels Turns Profitable
Jubilant Ingrevia reports a 113.90% profit jump to ₹126.22 crore in Q1 FY27. Lords Ishwar Hotels also turns profitable, while Tata Teleservices narrows its net loss.
IHCL Q1 FY27 Revenue Surges 15% to INR 2,419 Cr
IHCL reports a strong Q1 FY27 with consolidated revenue up 15% YoY to INR 2,419 Cr, driven by operational excellence and strategic expansion. Learn more.
IIT Delhi Launches 4th Tech Product Management Program
IIT Delhi’s CEP opens admissions for its 4th Executive Programme in Tech Product Management, empowering early-career professionals with essential digital product skills.
Tata India Consumer Fund Tops Category with 9.1% Six-Month Return
Tata India Consumer Fund leads its category with a 9.1% return in six months, outperforming competitors and benchmarks across various durations.
Nestle India Q1 Profit Soars 48%; Anant Raj Demerges Data Centre Business
Nestle India’s Q1 profit surged 48.27% to Rs 958.68 crore, driven by strong income growth. Anant Raj also approved demerger of its data centre business.
Caliber Mining IPO Oversubscribed 154x, Allotment Nears
Caliber Mining IPO sees massive 154.66x subscription. Allotment expected soon with GMP at ₹73. Strong investor confidence in the logistics and mining venture.