Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologies
Tata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment will bolster expansions in tinplate, wires, and new facilities, alongside ongoing projects in mining and sustainability. The company aims to boost its long-term steelmaking capacity to over 50 million tonnes, primarily driven by growth in India.
From being a trust to gaining trust: AIFs call for switch to LLP model
India's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The industry advocates for converting Alternative Investment Funds (AIFs) from trusts to Limited Liability Partnerships (LLPs), a globally recognized and preferred structure. This move aims to provide greater clarity on liability for foreign managers and investors, aligning India with international fund hubs.
Mehli Mistry Resigns As Director From RNT Associates
Late Ratan Tata had set up RNT Associates as a principal investment vehicle for investments made in his personal capacity and funded many startups.
Tata Technologies shares jump 9% after expanding strategic partnership with Tenneco
Tata Technologies shares rose 9% to ₹729.20 after announcing an expanded partnership with Tenneco LLC. The agreement involves over $100 million investment to enhance engineering innovation and digital transformation, leveraging India's engineering talent for global automotive needs.
RBI closes the window on Tata Sons to avoid a potential listing
A potential Tata Sons listing now depends on the Reserve Bank of India's decision on its application to surrender its core investment company licence.
Indian REITs Association appoints Shirish Godbole as chairperson
Shirish Godbole, CEO of Knowledge Realty Trust, has been appointed the new chairperson of the Indian REITs Association. This leadership change occurs as India's listed REIT market experiences significant growth and increased investor interest. Godbole, with extensive global real estate experience, aims to further establish REITs as a credible investment avenue for both domestic and international investors as the commercial real estate sector matures.
Zee Entertainment Shares Jump 5% In Trade — What's Driving The Rally?
The investment is seen as a notable development given Invesco's history with Zee. The fund was once the company's largest shareholder, holding an 18% stake, before a high-profile corporate governance dispute led to its gradual exit.
Tata Comm to invest $152 million to boost India-Singapore digital corridor
Tata Communications is injecting $152 million into its subsea cable network, boosting India-Singapore connectivity by nearly 98 Tbps. This significant investment, funded internally, aims to fuel the growing demand for bandwidth and AI-driven data. The upgrades will enhance reliability and scalability for businesses, solidifying India's role as a digital hub.
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chips
DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment opportunities while reshaping portfolio allocation amid persistent inflation and geopolitical risks.
The AI boom won't burst all at once. It will pop in 'rolling bubbles': Macquarie
Macquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments of the AI ecosystem heat up and cool down over time. Global AI investment has surged to about $850 billion in 2026, far exceeding historical technology booms.
India opens listed equities to all overseas investors, doubles PIS investment limit to 10% - Business Today
India opens listed equities to all overseas investors, doubles PIS investment limit to 10%Business Today
Govt mobilises nearly ₹2,100 cr via share sale of state-owned IRFC
The government on Thursday said it has raised around Rs 2,100 crore from the share sale of state-owned Indian Railway Finance Corporation (IRFC). The OFS for IRFC closed with an enthusiastic response from the retail investors, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. "Combined with the institutional investors, 22.88 crore shares were sold to the minority shareholders over the two trading days for an estimated amount of Rs 2,084 crore. We thank all investors for their participation and for reposing their faith in us," he said. The government decided to exercise the green shoe option on Wednesday, allowing 2 per cent stake dilution in the public sector undertaking (PSU) of the Railway Ministry. The Department had fixed a floor price of Rs 91 per share, at a discount of 7.8 per cent over Tuesday's closing price of IRFC shares on the BSE. Shares of IRFC closed 0.8 per cent lower at Rs 91.78 on the BSE on Thursday. Prio