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50% Crash On Cards? Why Morningstar Believes SpaceX Is Worth Only $63 Post IPO
The firm also believes SpaceX's IPO valuation includes a large "option premium" of $72; meaning that investors are willing to pay more than justifiable to a possibility of future breakthroughs.
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.
CNG momentum to stay robust through FY27, Morbi PNG demand set for all-time high
CNG vehicle registrations and industrial gas utilization are poised for remarkable growth. With CNG vehicles presenting significant cost benefits over electric and petrol options, the future looks bright. Gujarat Gas is gearing up for heightened LNG blending to satisfy the soaring demand in Morbi, where industries favor PNG(I) for dependable supply.
Stocks to Buy: This auto parts maker is already up 137% from its IPO price and HSBC sees further upside
Belrise's proposed ₹2,000 crore qualified institutional placement (QIP), if approved, would provide sufficient financial flexibility for future capacity expansion and potential inorganic growth opportunities, HSBC's note said.
Hyundai invites startup applications for Innovation Challenge 2026
Hyundai Motor India is seeking innovative startups for its Hyundai Innovation Challenge 2026. This six-month program focuses on advanced solutions in electrification, new mobility, and AI. Startups can apply until June 2026. The challenge encourages groundbreaking ideas beyond the listed focus areas. This initiative aims to foster future vehicle technologies.
Electric mobility key to long-term fight against air pollution: UNEP chief
A top UN official stresses electric mobility and mandatory vehicle emissions testing for long-term air pollution solutions. India's plan to phase out older commercial vehicles with cleaner alternatives is highlighted. Investment in clean public transport and cleaner cooking solutions is crucial. Addressing local pollution sources like construction dust and waste burning is also vital for a healthier future.
Varroc Engineering forms strategic partnership with Suzhou Tolyy Optronics
The collaboration combines Tolyy's display engineering and technology expertise with Varroc's manufacturing capabilities and OEM relationships, enabling localization of advanced display solutions, strengthening the Company's digital cockpit product portfolio, enhancing competitiveness in domestic and global markets and supporting future growth opportunities across passenger and commercial vehicle segments.
Premiumisation, digital push, and India’s consumption story: Inside HUL’s growth blueprint
Hindustan Unilever Ltd remains optimistic about India's future growth. The company is focusing on increasing consumption, premium products, and digital advancements. Despite current economic hurdles, HUL is investing in its business to serve consumers better. India's young population, growing per capita consumption, and digital transformation are key drivers for this positive outlook.
Unilever says co won't miss India's premium boom like it did in China
Unilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He emphasized accelerating the introduction of global prestige home and personal care brands, identifying India as a key priority market for future growth and acquisitions in the beauty and personal care segment.
ONGC bets on gas-led growth as premium pricing boosts profitability
ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.
Saregama doubles down on premium music IP even as it eyes AI monetisation
Saregama is embracing an AI-driven future. The music label is exploring licensing deals with generative AI platforms. Simultaneously, it is boosting investments in premium music intellectual property. Saregama believes artist-driven content will become more valuable. The company is also optimistic about the growth of paid music streaming in India. Strategic investments are strengthening access to film music.
JK Tyres lines up Rs 4,900 crore capex plan till FY30
JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence in future demand across vehicle segments. The company is already undertaking a 1,130 crore expansion. This strategic move aims to increase capacity by nearly a fourth, with a focus on passenger car radial tyres.