Sun Pharmaceutical Industries Limited has announced a major global acquisition, entering into a definitive agreement to purchase Organon & Co. in an all-cash transaction valued at approximately $11.75 billion. Under the terms of the agreement, Sun Pharma will acquire all outstanding shares of Organon at a price of…
Oil and Natural Gas Corporation (ONGC) has announced a series of strategic developments following its Board meeting held on April 25, 2026. The decisions span leadership restructuring, expansion into petrochemical marketing through a joint venture, and fresh investments in gas infrastructure. Together, these moves underline the company’s ongoing…
Historic Profit Milestone for Reliance Industries Reliance Industries Limited has set a new benchmark in India’s corporate history by becoming the first company to cross the $10 billion annual profit mark. The company reported a net profit of ₹95,610 crore for the financial year 2025–26, equivalent to approximately…
A New Milestone in Solar Module Innovation Premier Energies Limited has taken a significant step forward in solar technology with the introduction of its NeoBlack Series, positioned as India’s first all-black G12R DCR solar module. The unveiling took place at RenewX in Chennai, a platform known for showcasing…
Major Capital Infusion Signals Strategic Expansion Axis Finance Limited is preparing to secure fresh capital amounting to ₹2,250 crore in a transaction that underscores its growth ambitions and evolving capital structure. This fundraising exercise is notable not only for its scale but also for introducing external investment into…
Financial Index Faces Mild Pressure Amid Mixed Market Trends The Nifty Financial Services Index experienced a slight pullback during the trading session on April 27, 2026, reflecting subdued momentum within the financial segment. The index declined by 68.50 points, equivalent to a drop of 0.26%, settling at 26,073.25.…
Strong Quarterly Performance Reflects Expanding Media Footprint The media and entertainment arm of Reliance Industries Limited demonstrated steady growth during the fourth quarter, reflecting the company’s continued push into digital-first content delivery and large-scale audience engagement. JioStar reported quarterly revenue of ₹9,784 crore, supported by increasing traction across…
The Government of India has introduced a structured incentive programme aimed at driving reforms and improving efficiency in the mining sector. The initiative, rolled out under the Scheme for Special Assistance to States for Capital Investment (SASCI) for the financial year 2026–27, carries a total allocation of ₹5,000…
The mutual fund industry is witnessing fresh activity with multiple New Fund Offers (NFOs) scheduled to open between April 27 and May 8, 2026. These new launches reflect the continued evolution of investment strategies, with fund houses introducing products that go beyond traditional equity and debt allocations. Among…
Policybazaar has accelerated its expansion within GIFT City, positioning the international financial hub as a key centre for its cross-border operations. The move reflects a broader strategy to tap into rising global demand from non-resident Indians (NRIs) while simultaneously building a more integrated insurance and reinsurance ecosystem. This…
