The Production Linked Incentive (PLI) scheme has become a pivotal policy measure in enhancing India’s manufacturing capabilities and strengthening the country’s position in global trade. Launched by the Government of India, the scheme is designed to promote large-scale manufacturing, improve economies of scale, and attract both domestic and…
Inox Wind Limited (IWL) has received a 102.3 MW wind power order from ABREL EPC Ltd., a subsidiary of Aditya Birla Renewables Limited (ABReL). This marks the first collaboration between Inox Wind and the Aditya Birla Renewables Group, representing a strategic milestone for the company. Project Details and…
Swiggy Limited has successfully closed its Qualified Institutions Placement (QIP), raising ₹10,000 crore through the issuance of equity shares. The transaction marks one of the largest fundraises in India’s consumer technology sector, attracting a diverse set of global and domestic institutional investors. Issue Details and Pricing The QIP…
The third week of December 2025 is expected to witness active primary market participation, with one mainboard IPO and four SME IPOs scheduled for subscription. Investors will have opportunities to participate in both large-scale and small-scale offerings during this period. Mainboard IPO KSH International KSH International is launching…
The Ministry of External Affairs (MEA) has confirmed that more than 1.7 million Indians have given up their citizenship since 2014, as per data presented in Parliament. While the annual numbers were relatively stable in the years preceding the Covid-19 pandemic, a notable shift occurred post-pandemic, with a…
The Government of India continues to bolster the country’s startup ecosystem through three flagship initiatives under the Startup India programme, focusing on enhancing access to finance and promoting innovation-driven enterprises. These schemes, administered by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and…
India’s automobile sector recorded robust wholesale performance in November 2025, with all major segments—including passenger vehicles, two-wheelers, and three-wheelers—registering strong double-digit growth, according to the Society of Indian Automobile Manufacturers (SIAM). Segment-Wise Performance Passenger Vehicles: Sales reached 4,12,405 units, up nearly 19 percent year-on-year, marking the highest November…
The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme has significantly impacted grassroots entrepreneurship in India, according to Union Minister Mr. Ravneet Singh. Speaking in the Rajya Sabha, he highlighted that the initiative has enabled small entrepreneurs, farmers, and women-led units to increase their turnover by…
India’s gems and jewellery exports recorded strong growth in November, rising nearly 20 percent year-on-year to US$ 2.50 billion, according to data released by the Gem and Jewellery Export Promotion Council (GJEPC). The increase was supported by improved performance across key product categories, particularly cut and polished diamonds.…
India’s rice production is projected to reach a record high of 152 million tonnes during the 2025–26 crop and marketing season, according to the latest outlook from the United States Department of Agriculture (USDA). The forecast reflects favourable growing conditions and expanded cultivation across major rice-producing regions. The…