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PepsiCo to invest Rs 5,700 crore in India by 2030
positive
ET Markets - Industry 52d ago

PepsiCo to invest Rs 5,700 crore in India by 2030

PepsiCo plans a significant Rs 5,700 crore investment in India by 2030. This expansion will boost manufacturing capacity through new and existing projects. The focus will be on the snacks business, with new facilities in Madhya Pradesh, Assam, and Tamil Nadu. This investment highlights India's strong growth potential for packaged foods and beverages.

BFINVESTFOCUSLTFOODSMPTODAYRPPINFRATNPLConstructionConsumer Durables
PepsiCo India to invest Rs 5,700 crore by 2030 on capacity expansion
positive
ET Markets - Industry 53d ago

PepsiCo India to invest Rs 5,700 crore by 2030 on capacity expansion

PepsiCo plans a significant investment of up to Rs 5,700 crore in India by 2030. This funding will primarily enhance the manufacturing capabilities of its food business. New facilities are planned in Madhya Pradesh, Assam, and Tamil Nadu. The company sees strong growth potential in India due to rising incomes and a stable economic environment.

BFINVESTMPTODAYTNPLFinancial ServicesForest Materials
Neolite ZKW Lightings, SS Retail, Aspri Spirits get Sebi nod to float IPOs
positive
Business Standard - Markets 56d ago

Neolite ZKW Lightings, SS Retail, Aspri Spirits get Sebi nod to float IPOs

Neolite ZKW Lightings, SS Retail and Aspri Spirits have secured Sebi's approval to raise over Rs 1,200 crore collectively through initial public offerings (IPOs), an update with the regulator showed on Friday. The three companies, which filed their preliminary IPO papers in December, obtained Sebi's observations during May 6-14. In Sebi's parlance, obtaining observations is equivalent to securing approval to float public offering. Automotive lighting products maker Neolite is aiming to raise Rs 600 crore through its maiden public offering, comprising a fresh issue of shares aggregating up to Rs 400 crore along with an offer for sale (OFS) of shares valued Rs 200 crore by promoters and a shareholder, according to the draft red herring prospectus (DRHP). The company will use proceeds from the fresh issue for setting up a new manufacturing facility at Kancheepuram, Tamil Nadu; purchasing plant and machinery, electronic expansion at existing manufacturing facilities; payment of debt an

EVIETFEVINDIAGROWWEVRETAILSDREAMSTNPLV2RETAILConsumer ServicesFinancial Services
Vikram Solar shares slip 4% as margin pressure offsets revenue beat
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CNBC TV18 - Markets 64d ago

Vikram Solar shares slip 4% as margin pressure offsets revenue beat

Vikram Solar has approved a capital expenditure plan worth ₹3,726 crore to set up a 6 GW backward-integrated wafer and ingot manufacturing facility in Tamil Nadu by FY29.

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Rs 600 crore fortune! How Vijay parked his wealth in few stocks and bank deposits before Tamil Nadu's breakout
positive
ET Markets - Stocks 67d ago

Rs 600 crore fortune! How Vijay parked his wealth in few stocks and bank deposits before Tamil Nadu's breakout

Actor-politician Vijay drew attention after TVK’s strong election performance, revealing over Rs 600 crore in assets. His conservative portfolio favours bank deposits and fixed income, with minimal equity exposure, highlighting a liquidity-focused financial strategy amid rising political influence.

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NEWS
positive
Business Standard - Markets 67d ago

BJP scripts history in Bengal, NDA retains Assam; TVK surges in Tamil Nadu

In West Bengal, the BJP has crossed the majority mark in the 294-member Assembly, ending the 15-year rule of the All India Trinamool Congress. The party has emerged as the clear winner with over 200 seats, marking its first-ever government in the state since Independence. The outcome signals a major political shift in one of Indias most closely watched battlegrounds.

ALLETECBENGALASMTNPLFinancial ServicesForest Materials
Election Results Snapshot: BJP Landslide In Bengal, Assam;  TVK Shock In Tamil Nadu | Key Stats
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NDTV Profit 67d ago

Election Results Snapshot: BJP Landslide In Bengal, Assam; TVK Shock In Tamil Nadu | Key Stats

The most keenly watched contest in West Bengal saw the BJP cross the majority mark, ending the 15-year 'shashan' of Mamata Banerjee's Trinamool Congress.

BENGALASMMAMATATNPLCapital GoodsFinancial Services
Sun TV slides 5.4% to Rs 572 after DMK loss
negative
ET Markets - Stocks 67d ago

Sun TV slides 5.4% to Rs 572 after DMK loss

Sun TV is part of the Sun Group, controlled by Kalanithi Maran, a relative of Tamil Nadu Chief Minister MK Stalin, who also heads the DMK. The stock had dropped as much as 9.5% earlier in the session, hitting an intraday low of ₹547.55 on BSE.

BSEBSLSENETFGHEADSUPMOLOWVOLTNPLFinancial ServicesForest Materials
Assembly Election Results 2026: What Exit Polls Predicted For Bengal, Tamil Nadu, Kerala And Assam
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NDTV Profit 68d ago

Assembly Election Results 2026: What Exit Polls Predicted For Bengal, Tamil Nadu, Kerala And Assam

Exit polls predicted a BJP victory in Assam.

BENGALASMTNPLFinancial ServicesForest Materials
NEWS
neutral
Google News - India Markets 68d ago

ECI Results 2026 Live: Election Commission results for West Bengal, Tamil Nadu, Kerala, Assam & Puducherry — early trend suggests BJP leading in West Bengal - Moneycontrol.com

ECI Results 2026 Live: Election Commission results for West Bengal, Tamil Nadu, Kerala, Assam & Puducherry — early trend suggests BJP leading in West BengalMoneycontrol.com

BENGALASMTNPLFinancial ServicesForest Materials
Bank Holiday Today: Are Banks Open Or Closed On May 4 In West Bengal, Tamil Nadu, Kerala, Assam For Vote Counting?
positive
NDTV Profit 68d ago

Bank Holiday Today: Are Banks Open Or Closed On May 4 In West Bengal, Tamil Nadu, Kerala, Assam For Vote Counting?

Check whether banks will remain on closed in West Bengal, Tamil Nadu, Assam, Kerala and Puducherry on counting day.

BANKINDIABENGALASMTNPLFinancial ServicesForest Materials
West Bengal, Tamil Nadu, Kerala, Assam Poll Results: How Assembly Elections Results Will Impact Indian Stocks? - Goodreturns
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Google News - India Markets 68d ago

West Bengal, Tamil Nadu, Kerala, Assam Poll Results: How Assembly Elections Results Will Impact Indian Stocks? - Goodreturns

West Bengal, Tamil Nadu, Kerala, Assam Poll Results: How Assembly Elections Results Will Impact Indian Stocks?Goodreturns

BENGALASMTNPLFinancial ServicesForest Materials