DOWNLOAD IPFS Kaynes Technology India’s subsidiary, Kaynes Circuits India, has signed a memorandum of understanding with the Tamil Nadu government to invest ₹4,995 crore in a new manufacturing facility in Thoothukudi. The project will focus on producing high-end electronic components, marking the state’s first large-scale venture into printed circuit board[Read More…]

DOWNLOAD IPFS India Post Payments Bank (IPPB) has introduced Aadhaar-based face authentication for digital transactions across the country, allowing customers to make payments without the need for one-time passwords (OTPs) or fingerprint scans. The new system enables users to verify their identity through facial recognition linked to their Aadhaar profile,[Read More…]

Download IPFS Timex Group, the global watchmaker, is charting an ambitious course for the Indian market, with executives stating a plan to “double down” on their development and significantly increase market share. The company’s goal is to become one of the leading global watch players in India, a market they[Read More…]

Download IPFS SBI Cards and Payment Services is facing an ongoing challenge to reclaim its market position, with recent financial results and competitive dynamics highlighting the difficult road ahead. The company, a major player in India’s credit card industry, is contending with elevated credit costs and increased competition from rivals.[Read More…]

 Download IPFS The Fast-Moving Consumer Goods (FMCG) sector in India appears to be turning a corner as urban demand shows encouraging signs of recovery. After a period of sluggishness, top companies are reporting an uptick in sales and volume growth, suggesting a potential shift in consumer sentiment. This revival is[Read More…]

Download IPFS Deposits in India’s flagship financial inclusion program, the Pradhan Mantri Jan Dhan Yojana (PMJDY), have seen a marginal moderation, even as the total number of accounts continues to rise. The latest official data reveals that the total balance in these no-frills accounts stood at ₹2.62 lakh crore as[Read More…]

Download IPFS The Indian government is advancing an ambitious ₹5,000 crore (approximately $600 million) initiative to boost the domestic rare earth sector, aiming to secure a stable supply of these critical minerals for key industries. The revised plan focuses on increasing the manufacturing of rare earth permanent magnets, a vital[Read More…]

Download IPFS Nykaa, India’s leading beauty and fashion retailer, has announced ambitious plans to more than double its physical retail footprint, targeting over 500 stores across 100 cities by fiscal year 2030. The company, which ended FY2025 with 237 outlets in 79 cities, is focusing on an omnichannel strategy to[Read More…]

DOWNLOAD IPFS Foreign portfolio investors (FPIs) pulled out ₹17,741 crore from Indian equities in July, marking the first monthly outflow after three consecutive months of net inflows, according to data from the National Securities Depository Limited (NSDL). The reversal was driven largely by heavy selling in the final week of[Read More…]

DOWNLOAD IPFS Mahindra & Mahindra (M&M) has completed the acquisition of a 58.96 percent controlling stake in commercial vehicle manufacturer SML Isuzu Ltd for ₹555 crore. Following the takeover, the company will be rebranded as SML Mahindra Limited. The deal involved M&M purchasing 43.96 percent of shares from Sumitomo Corporation[Read More…]