The business landscape in Kerala is undergoing a radical transformation. Moving away from its historical roots in traditional trade, the state is now birthing a new generation of high-tech, innovation-led global enterprises. Analysts are calling it a “generational shift,” as seven major homegrown brands prepare to tap the public markets with IPOs totaling roughly â‚ą12,000…
KFC and Pizza Hut franchise operations to merge as Sapphire Foods and Devyani International join forces In a landmark move for India’s quick-service restaurant (QSR) industry, Sapphire Foods India Limited (SFIL) and Devyani International Limited (DIL) have announced their merger. The deal will unite two of Yum! Brands’ largest Indian franchise partners—operators of global fast-food giants KFC and Pizza Hut—under one powerful…
India’s middle class is urging Budget 2026 to deliver inflation-adjusted tax slabs and fairer policies amid the shift to the new Income Tax Act, 2025. Key Taxpayer Demands Taxpayers seek smoother onboarding to the new tax regime through simplified processes and fewer disruptions. Experts highlight the need for clearer TDS rules, straightforward capital gains norms,…
Bharti Telecom, the parent company of India’s second-largest telecom operator Bharti Airtel, has achieved a significant milestone by completing the country’s largest domestic bond issuance of FY26. The company successfully raised â‚ą10,500 crore through a two-tranche bond offering, marking a record-breaking achievement in India’s corporate debt market. The offering comprised two equal tranches of â‚ą5,250…
Tata Motors’ shares witnessed a sharp correction on Tuesday, opening at â‚ą400 apiece in a special pre-open session—about 39.5% lower (â‚ą260.75 per share) than the previous day’s closing price. The decline isn’t a sell-off panic but a technical adjustment due to the company’s ongoing demerger process, which separates its commercial vehicle business into a new…
Waaree Renewable Technologies Limited (WRTL) has reported its highest ever quarterly revenue and profit after tax (PAT) for the quarter ended September 30, 2025 (Q2 FY26). The company’s revenue from operations reached Rs 774.78 crore in Q2 FY26, a growth of 47.73% year-on-year, while PAT surged by 117.40% to Rs 116.34 crore. For the half…
The Government of India has kept interest rates on various small savings schemes unchanged for the second quarter of FY 2025-26, which covers the period from July 1 to September 30, 2025. This is the sixth consecutive quarter without any rate revision, according to a notification issued by the Ministry of Finance on Monday, June…
Despite a weak broader market on Monday, shares of RattanIndia Power Limited surged 7.80%, closing at â‚ą15.52 per share compared to the previous â‚ą14.40. The stock witnessed a trading volume spike of over three times the average, signaling renewed investor interest. This rally occurred even as benchmark indices ended in the red—Sensex fell 0.54% to…
Ajay Shah, EY’s partner and head of Technology, Media, and Telecom (TMT) investment banking, has stepped down and is set to join a financial services platform promoted by veteran stock market investor Madhu Kela, according to multiple industry sources. “The move has been in the works for several months. Shah is expected to take on…
Adani Airports Holdings Limited (AAHL) has successfully closed a $1 billion funding round with participation from global investors, including funds managed by Apollo and BlackRock, as well as Standard Chartered. The proceeds from this investment are designated for the comprehensive development of Mumbai International Airport, encompassing modernization initiatives, capacity expansion projects, and the adoption of…
