Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Why 1 in 3 Indian women have never made a solo financial decision, and why that's challenging
Despite rising incomes and careers, many Indian women still don't make independent financial decisions. Financial literacy, confidence and structured learning are helping more women take control of their wealth and future.
Swiggy's Foreign Holding Falls Below 50%: Can Instamart Follow Blinkit's Playbook? Brokerages Weigh In
Swiggy's foreign ownership has dropped to 49.76%, but brokerages say IOCC status could take time. Here's what it means for Instamart and profitability.
TPG acquires Aseem Infrastructure from NIIF with GIC, ICICI backing
Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore's GIC and ICICI Bank, TPG's climate investing platform will take over the company, which has funded significant renewable energy and power transmission projects. Aseem Infrastructure, founded by NIIF, has disbursed over Rs 40,000 crore in loans, contributing to substantial greenhouse gas emission reductions.
Bhutani Group gets NCLT approval to take over Noida's Entertainment City
NCLT has cleared the Bhutani Group's acquisition of Entertainment City, which includes The Great India Place and Worlds of Wonder. The group plans a Rs 10,000 crore investment to transform the Noida site into a major entertainment hub. This NCLT order resolves a long-standing dispute, allowing Bhutani Infra to proceed with developing the 147-acre project, which also features vacant land for future expansion.
Maya Tata set to take charge of Westside's digital growth, speed up global expansion
Maya Tata is set to spearhead Westside's e-commerce marketing as the fashion retailer gears up for aggressive global expansion. Leveraging her digital expertise, she will drive online growth for the brand, which is also rapidly increasing its store count domestically. This strategic move aligns with Trent's ambition to build Indian brands with international appeal, as evidenced by Westside's recent foray into the UAE.
Accel, Nikhil Kamath-backed Sarla Aviation completes flight test campaign of demo e-aircraft
Bengaluru-based Sarla Aviation, backed by Nikhil Kamath, has successfully completed flight tests for its electric aircraft technology demonstrator, Sylla. This milestone precedes the planned 2028 launch of their full air taxi, Shunya. Sylla 1.0 validated key engineering objectives, including vertical take-off and hover capabilities, marking a significant step for India's urban air mobility sector.
IndiGo's Chief Human Resources Officer Pasricha resigns
IndiGo's Chief Human Resources Officer, Sukhjit Singh Pasricha, has resigned after an eight-year tenure, with Kanwal Jeet Singh Bakshi set to take over from July 20. This marks another significant senior departure from the airline, following recent exits of its CEO and Head of Global Sales. Pasricha cited discussions about his professional journey and personal aspirations for his decision to move on.
Slumdogs no more: Can tycoons take the Mumbai Model to other cities?
India's top business tycoons like Adani and Ambani are shifting focus from city outskirts to redeveloping Mumbai's older housing and slum areas. This strategic move, driven by scarce and expensive greenfield land, aims to transform decaying urban pockets. Major projects are underway, signaling a new era of large-scale urban regeneration that could serve as a model for cities nationwide.
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
'India's Growth Story Is Intact': Seth Freeman Is Backing These Sectors Despite War And AI Uncertainty
Beyond geopolitics, he believes artificial intelligence remains another major theme shaping global capital flows. Massive investments are currently being made in AI infrastructure, data centres and semiconductor manufacturing, but Freeman cautioned that returns on those investments could take several years to materialise.
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.
Bata India appoints Sanjay Rao as MD & CEO
Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.