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Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthens
Aditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's financial standing. This capital infusion follows Kumar Mangalam Birla's return as chairman and aims to support Vi's efforts to compete with rivals Reliance Jio and Bharti Airtel.
Modi in Netherlands: One firm holds the key to India's chip ambition
Prime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography machines, for its ambitious semiconductor manufacturing goals. This Dutch company's technology is indispensable for India's multi-billion-dollar chip project, underscoring ASML's pivotal role in India's pursuit of silicon sovereignty amidst global tech rivalries.
Iran war energy shock drives India's interest in ethanol and other biofuels
India and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil and manage rising costs. However, challenges remain in developing supply chains and ensuring vehicle compatibility. Experts also highlight environmental concerns related to crop-based biofuel production. The shift towards biofuels is a significant development for energy security.
Coal gasification key to build long-term resilience against global energy shocks: Experts
India needs to boost its domestic coal gasification capabilities. This will build resilience against global energy shocks and achieve economic self-reliance. Coal gasification converts dry fuel into syngas, an alternative fuel that reduces carbon emissions. Experts highlight its strategic importance for energy security and import substitution. This initiative aims to strengthen India's position in critical sectors like energy and fertilizers.
Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?
Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future mega listings. The market will watch this development closely.
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in India
India’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as beverage giants aggressively install coolers across small retail stores to expand market share.
Crude oil prices likely to stay higher for longer: ADB Chief Economist
Crude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Inflation is also expected to rise significantly. Weather disruptions and fertilizer costs could further impact food prices. India's reliance on imported oil makes it particularly vulnerable to these global events.
Retail chains like Reliance Retail, DMart go on store expansion spree as demand recovers
India's top retailers added 2,182 stores in FY26, the highest in three years, driven by rising demand, tax cuts, and growing consumer preference for organised retail in smaller towns.
NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLAT
The National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the petition. Prime Focus is disputing the claim. The company has approached the National Company Law Appellate Tribunal for relief. Prime Focus's business operations continue as usual. The company is involved in global VFX and post-production services.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
Reliance eyes billions in LEO satellites to build India's answer to Starlink
Reliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment in the low earth orbit segment. This move positions Reliance against global players like Starlink and Amazon Leo. Six teams are working on various project aspects. The initiative aligns with India's goal for a domestic satcom presence.
Bharti Airtel explores 5G network slicing for premium plans
Bharti Airtel is exploring network slicing. This technology will allow for premium voice and data plans. It aims to monetize its 5G infrastructure. This move follows rival Reliance Jio's enterprise use-case plans. Network slicing creates virtual networks for specific needs. This could boost retail and enterprise offerings.