JSW Steel: Approves formation of a joint venture for a land development project in Mumbai. Group entities Peddar Realty and JSW Realty will together hold a 51% stake in the JV. Adani Enterprises: Completes acquisition of an additional stake in Flight Simulation Technique Centre (FSTC), raising its effective…
Swedish home furnishings giant IKEA is set to accelerate its expansion in India, planning to increase its investment to more than Rs. 20,000 crore (over US$2.20 billion) over the next five years. This move comes as part of the company’s strategy to strengthen both its offline and online…
Participation and Platform for Trade The conclave brought together over 30 exporters, 9 importers, and around 50 Farmer Producer Companies (FPCs), providing a platform for business-to-business interactions. The event enabled stakeholders to explore trade opportunities, develop long-term partnerships, and expand both domestic and international market reach. Assam’s diverse…
India is poised to mark a major milestone in its foreign trade journey as it prepares to announce the conclusion of nearly two decades of negotiations on a Free Trade Agreement (FTA) with the European Union (EU) during the 77th Republic Day celebrations in New Delhi. Commerce and…
Maharashtra marked a strong start at the World Economic Forum (WEF) Davos 2026 by signing 19 Memorandums of Understanding (MoUs) worth Rs. 14.50 lakh crore (approximately US$163 billion), reinforcing the state’s position as a top investment destination in India. Investment Highlights and Sectors The MoU signings were witnessed…
At the World Economic Forum (WEF) Davos 2026, Andhra Pradesh Chief Minister N. Chandrababu Naidu secured a major investment commitment from the United Arab Emirates (UAE) to develop a food processing cluster in the state, highlighting India’s growing appeal as a global investment destination. Food Processing Cluster and…
India’s manufacturing sector maintained strong momentum in the third quarter of FY26, with the FICCI Manufacturing Index reaching its highest level on record, reflecting sustained business confidence and steady operational performance across industries. According to the latest FICCI survey, 91% of participating manufacturers reported either higher production or…
AkademikerPension, a Denmark-based pension fund overseeing assets of around $25 billion, is preparing to fully divest its holdings in US Treasury securities by the end of the month, according to a Bloomberg report. The move underscores growing caution among European institutional investors regarding US sovereign debt and broader…
HDFC Bank Limited has received approval from the Reserve Bank of India (RBI) for the reappointment of Kaizad Bharucha as Whole-time Director and Deputy Managing Director, ensuring continuity in the bank’s senior leadership team. Reappointment and Leadership Continuity Kaizad Bharucha has been reappointed for a further term of…
The Competition Commission of India (CCI) has granted approval for a proposed corporate restructuring involving Bhushan Power and Steel Limited (BPSL), JSW Sambalpur Steel Limited, JFE Steel Corporation, and JSW Kalinga Steel Limited. The clearance allows the JSW Group and Japan’s JFE Steel to move ahead with their…