The Reserve Bank of India (RBI) has steadily increased its gold reserves, with holdings reaching 880.18 metric tonnes at the end of September 2025. This marks a slight rise from 879.58 tonnes recorded at the close of the previous financial year, reflecting the central bank’s ongoing strategy to…
Volkswagen AG has cautioned employees that production stoppages cannot be ruled out due to emerging supply chain pressures in Europe, highlighting the growing challenges faced by the auto sector amid a dispute involving Dutch chipmaker Nexperia. Current Situation VW has not yet experienced production losses but warned that…
Infosys Ltd. announced on October 22 that its promoters, including Nandan Nilekani, Sudha Murty, and others, will not participate in the company’s ₹18,000 crore share buyback program. Key Details of the Buyback Buyback Size: ₹18,000 crore Shares to be Repurchased: 10 crore shares Buyback Price: ₹1,800 per share…
E-commerce platform Meesho is currently involved in a high-stakes legal dispute with Amazon Web Services (AWS) India over alleged unpaid cloud service charges, just as the company prepares for its Initial Public Offering (IPO). AWS is seeking ₹127.45 crore through arbitration, while Meesho has lodged a counterclaim of…
The Indian capital markets are set for a busy November, with six major companies across diverse sectors planning Initial Public Offerings (IPOs) collectively valued at approximately ₹42,800 crore. These listings are expected to offer investors broad exposure across asset management, fintech, retail, lifestyle electronics, and food processing. Key…
The Securities and Exchange Board of India (SEBI) has granted approval for initial public offerings (IPOs) to seven companies that filed draft papers between June and August 2025. The approvals cover a wide array of sectors, including logistics, solar energy, asset reconstruction, chemicals, equipment, jewelry, and pharmaceuticals, signaling…
India’s smartphone market recorded a 3% year-on-year (YoY) growth in the third quarter of 2025, with 48.4 million units shipped, according to research firm Omdia. However, experts caution that this momentum may not translate into strong year-end sales. Drivers of Q3 Growth The modest growth was fueled by:…
Tesla has announced that Samsung Electronics will join TSMC in manufacturing its AI5 chip, a key component powering Tesla’s self-driving vehicles and robot line. This marks a strategic diversification in Tesla’s chip supply chain, enhancing resilience, pricing flexibility, and access to varied technologies. Key Details of the AI5…
The Midwest Limited IPO is all set to list on Friday, October 24, 2025, marking its much-awaited debut on both the BSE and NSE. The IPO, which opened for subscription between October 15 and October 17, 2025, saw overwhelming investor participation. The basis of allotment was finalised on…
Indian Railway Finance Corporation (IRFC) has declared an interim dividend of ₹1.05 per equity share (face value ₹10 each) for the financial year 2025–26. The record date to identify eligible shareholders has been set for Friday, October 24, 2025. As per the company’s statement, the dividend will be…