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Bajaj Auto to push premium motorcycles, turbocharge Chetak in FY27: Chairman
Bajaj Auto is set to bolster its 125cc+ motorcycle range and accelerate the electric Chetak's growth in FY27. The company plans to boost exports amid global market recovery, while also addressing logistics challenges. Strategic investments will focus on product innovation, brand building, and enhancing customer experience, alongside expanding capacity for electric and premium bikes to mitigate supply risks.
Advit Jewels IPO Day 1 LIVE: Issue opens today. GMP hints 46% listing pop. Should you buy or not?
Advit Jewels IPO Day 1 LIVE: The strong Advit Jewels IPO GMP reflects positive sentiment in the grey market, while the company's focus on craftsmanship, brand positioning, and growing demand for premium jewellery continues to attract investor interest.
Bajaj Auto shares gain 2% ahead of record date for its biggest buyback worth Rs 5,633 crore
Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the company’s largest to date. The buyback will be conducted at a premium through the tender route. Analysts suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the buyback alone.
LG Electronics remains Chola Securities' top pick in the consumer durables space
Dharmesh Kant, Head of Research at Chola Securities, believes Reliance Jio's upcoming IPO is fairly valued and could deliver 20-25% listing gains as investors assign a premium to emerging businesses such as AI, data centres and satellite services. He expects these segments to contribute more than half of Jio's revenue over the next decade. Kant is positive on consumer durables and LG Electronics, remains cautious on IT stocks beyond short-term trading opportunities, and sees limited structural upside in paint companies despite improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Ashoka Buildcon gets LoA for development of gems & jewellery park in Raipur
The infra company is expected to complete the project in 5 years. The company said that the lease period is 30 years, extendable up to 90 years. The amount of premium to be paid is ₹112.40 crore, and the lease rent is 2% of ₹112.40 Crore at an escalation of 10% every 4th year.
SpaceX makes Nasdaq debut at $150, lists at 11% premium to IPO price; Musk becomes world's first trillionaire
SpaceX made a historic Nasdaq debut on June 12, listing at $150, an 11% premium to its issue price. It became the sixth-largest public company in the US and is set to lead in AI technology, shifting focus from rocket launches to infrastructure deals.
From Dhobi Ghat to luxury towers: How redevelopment is unlocking Mumbai's next real estate boom
Mumbai's property landscape is shifting towards redevelopment as developable land becomes scarce. Historic Mahalaxmi is transforming into a premium residential hub, driven by infrastructure upgrades and developer focus on established neighbourhoods. This trend signals a future growth model for the city, prioritizing reinvention over outward expansion.
Kiwi targets Rs 5,000 crore premium book with AI-led insurance model
A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans to use AI to transform the industry. The company will focus on reducing transaction times and costs. It aims to achieve this by redesigning processes from scratch. Kiwi General Insurance will initially focus on motor insurance.
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitions
IndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on international expansion, long-haul operations with new aircraft, premium travel offerings, and growing cargo and ancillary revenues to become a global aviation player.
Beyond the room: Why India Inc's luxury hospitality bet is becoming an experience business
India's luxury hotels are evolving beyond just rooms. Companies are now creating immersive experiences that blend wellness, food, and culture. Affluent Indians are seeking authentic, personalized stays. This trend encourages a focus on destination-led experiences. Businesses are expanding into a wider luxury ecosystem. This shift aims to offer more than just accommodation. From whisky tastings and wellness retreats to vineyard stays and culture-led escapes, India's premium hospitality players are chasing a new luxury traveller who wants far more than a hotel room
Titan's big wager on the premiumisation boom now rests on watches priced above ₹25,000
Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon account for nearly a quarter of its total revenue. This strategic shift is supported by the rapid growth of its premium retail formats, Helios and Helios Luxe.
Asian Paints net profit jumps nearly 70%, weighs 'calibrated' price hikes
This fiscal year, Asian Paints is targeting an ambitious volume growth of 8-10%. To safeguard its profit margins at 18-20%, the company is adopting calculated price adjustments and embracing cost-efficient strategies. Moreover, there’s a strong emphasis on expanding their premium product line.