Startup News
Boosting Bihar: PM Modi Launches Comprehensive Development Drive with ₹5,735 Crore Investment
PM Modi has launched ₹5,735 crore worth of development projects in Bihar! This massive investment spans water, rail, and power, including new Vande Bharat services & a 'Make in India' locomotive export. Witness how these initiatives are set to transform Bihar's infrastructure and quality of life.
Ixigo Sees Major Stake Shift: Elevation Capital Exits with Stellar Returns, Schroder Steps In
Elevation Capital has made a profitable exit from Ixigo, selling shares worth ₹97.4 crore with a massive 25x return! Global investor Schroder International Selection Fund has simultaneously acquired a significant stake. This major transaction highlights strong investor confidence in the travel tech firm.
Middle East Tensions Brew Trouble for Tea Trade: Orthodox Prices Dip Amidst Geopolitical Uncertainty
Red Sea ripples hit Indian tea! Geopolitical tensions between Iran and Israel are pushing down orthodox tea prices. Exporters face rising freight costs and uncertain shipments, threatening India's lucrative Middle East tea trade. A waiting game begins for a vital industry.
E-commerce Giant's India Bet: Amazon Infuses ₹2,000 Cr into Nationwide Network
Amazon India is infusing over ₹2,000 crore ($233M) to supercharge its nationwide operations! This massive investment aims to boost logistics, enhance tech, and prioritize workforce well-being. Get ready for faster, more reliable deliveries as Amazon deepens its commitment to India's booming e-commerce market. Read the full story on their strategic plans!
Vedanta's Aluminium Ambition: Targeting a $4 Billion EBITDA Leap by FY26
Vedanta's aluminium business is set for a massive surge! The company aims to double its EBITDA to $4 billion in FY26. Driven by new capacities, raw material self-sufficiency, and value-added products, this strategic push is set to redefine its profitability. Get the full story on how they plan to achieve this ambitious goal!
Indian Startups Pivot Away from Chinese Investors: A Strategic Rebalancing
Indian startups like Paytm and MakeMyTrip are actively reducing or divesting stakes held by Chinese investors amidst geopolitical tensions and increased regulatory scrutiny. This strategic rebalancing aims for greater autonomy, national identity, and a diversified investor base, signaling a maturing Indian startup ecosystem focused on self-reliance.
MakeMyTrip's $3 Billion Buyback Aims to Cut Trip.com Stake Below 20%
MakeMyTrip is reportedly planning a colossal $3 billion share buyback! This unprecedented move is poised to drastically cut down Trip.com's stake in India's leading online travel major to less than 20%. Such a massive capital return signals strong financial health and a strategic re-evaluation of ownership, fundamentally reshaping MMT's future in the booming travel sector.
Big Players Arrive: Adani & Birla Join India's Cables Market
India's cables sector is about to see big changes! Adani & Birla Groups are making a strategic entry, poised to ignite consolidation and intensify competition. Get ready for a major shake-up in the market as these giants expand their infrastructure footprint.
Urban Company Achieves Landmark ₹240 Crore Profit in FY25 Amidst Robust 38% Revenue Growth
Urban Company hits profitability! The at-home services giant posted a landmark ₹240 crore profit in FY25, with revenue surging 38%. This major financial turnaround signals strong momentum for the IPO-bound company, showcasing the power of organized service delivery. #UrbanCompany #Profitability #IPO #Fintech #GrowthStory
Hindustan Zinc's ₹12,000 Crore Expansion Plan Met with Over 4% Stock Drop
Hindustan Zinc's shares plummeted over 4% today after its board approved a massive ₹12,000 crore investment to double zinc, lead, and silver capacity. Despite the ambitious growth plan, investors reacted cautiously to the significant capital outlay, signalling short-term concerns.
From Safety to Sizzle: Indians Increasingly Opt for Stocks, Mutual Funds Over FDs
Indians are ditching safe FDs for riskier, higher-growth investments! Low returns are pushing savers towards stocks and mutual funds, signaling a bold new era in personal finance. Discover why the nation's investment landscape is undergoing a significant transformation.
India Solidifies Position as Premier Destination in Evolving Global Electronic Supply Chain
India is becoming a global electronics powerhouse! Amidst shifting supply chains, a new report highlights India's ascent as a key manufacturing hub, driven by strong policies & investments from global giants. Discover how this shift is fueling jobs, growth, and innovation in India's booming tech sector. #MakeInIndia #ElectronicsManufacturing