Market News Today
Short, clear stories on what's moving Indian markets: IPOs, stocks, commodities, crypto and more.
Rapido CEO Targets 100 Million Food Delivery Users, Says Current Model Is Broken
Rapido CEO Aravind Sanka believes India's food delivery industry needs a complete rethink. According to him, if online food delivery fails to reach 100 million users within the next three years, there would be "no reason" for Rapido to remain in the business. He argues that the current model followe...
German Auto Parts Giant Webasto Plans India IPO, Eyes $500 Million Fundraising
German automotive components manufacturer Webasto is planning to take its Indian subsidiary public through an IPO by 2027. The company aims to raise $400–500 million as it looks to capitalize on India's rapidly growing demand for premium car features, especially sunroofs.
India-Australia Set to Sign Uranium Supply Pact During PM Modi's Visit
ndia and Australia are expected to strengthen their strategic partnership as both countries prepare to sign a long-term uranium supply agreement during Prime Minister Narendra Modi's upcoming visit. The proposed pact is aimed at ensuring a stable supply of uranium for India's growing nuclear power p...
SEBI Gives Vadilal Promoters Relief: Family Trust Exempted from Mandatory Open Offer
India's market regulator SEBI has exempted Vadilal Industries' promoter family trust (IVG Trust) from making a mandatory open offer, allowing the promoter family to restructure its shareholding as part of succession planning. The exemption applies because the restructuring is an internal family arra...
India-Israel Investment Pact Takes Effect: Cross-Border Investments Set to Rise
India and Israel have officially brought their Bilateral Investment Agreement (BIA) into force, marking a major milestone in strengthening economic ties between the two nations. The agreement aims to provide a secure and transparent investment environment, improve investor confidence, and encourage...
India's UDAN Scheme in Trouble: Nearly Half of Regional Flight Routes Have Been Discontinued
India's flagship UDAN (Ude Desh Ka Aam Nagrik) scheme is facing a major setback. According to recent reports, nearly 50% of the regional flight routes launched under the scheme have now been discontinued due to low passenger demand, operational challenges, and poor commercial viability.
₹2 Billion State Stake Sales Defy Market Slowdown, Boost Government Fundraising
India’s state-led divestment activity worth around $2 billion has managed to outperform broader equity market weakness, signaling continued investor interest in public sector offerings despite volatile market conditions.
₹19 Lakh Crore Wealth Eroded! TCS, Infosys Among IT Giants Down Up to 50% From Peak—Is the Worst Yet to Come?
India’s IT sector has seen a sharp and prolonged correction, wiping out nearly ₹19 lakh crore in investor wealth. Major technology stocks continue to trade well below their peak levels, raising concerns about the sector’s outlook.
RBI’s New Funding Curbs Set to Squeeze India’s Prop Trading Industry From July 1
India’s proprietary trading and brokerage industry is likely to face higher funding pressure as RBI’s tighter capital market exposure norms come into effect from July 1. The new framework requires bank guarantees used by capital market firms to be fully backed by collateral, with a minimum 50% cash...
IMF Recognises UPI as the World’s Largest Real-Time Payments System
The International Monetary Fund has recognised India’s Unified Payments Interface as the world’s largest real-time payments system. This marks a major global milestone for India’s digital payments ecosystem.
Stablecoin Premium In India Crosses 8.5% As USDT Supply Crunch Hits Crypto Market
The stablecoin premium in India has sharply increased to above 8.5%, with USDT trading at a much higher price than the regular dollar-rupee exchange rate in the local market.
Mazagon Dock In Focus As India-Germany Submarine Deal Nears CCS Approval
Mazagon Dock Shipbuilders is back in focus after reports suggested that the India-Germany submarine deal is moving closer to Cabinet Committee on Security approval.
India Re-enters Global Top 5 Stock Markets As Taiwan, South Korea Slip Below $5 Trillion
India has once again entered the list of the world’s top five stock markets after its total market capitalisation reached around $5.05 trillion.
Kotak Mahindra Bank Shares Slip Over 3% After CEO Ashok Vaswani’s Exit Plan
Kotak Mahindra Bank shares fell over 3% after MD & CEO Ashok Vaswani decided not to seek reappointment after his current term, citing personal reasons.
Aastha Spintex IPO Opens for Subscription: ₹170 Crore Issue, GMP Signals Mild Listing Gains
The initial public offering (IPO) of Aastha Spintex opened for subscription today, marking the company’s entry into the primary market with a ₹170 crore fresh issue.
HDFC Bank Governance Row Deepens: Ex-Chairman Atanu Chakraborty Questions External Legal Review
The governance debate at HDFC Bank has intensified after former Chairman Atanu Chakraborty criticized the bank's external legal review into the circumstances surrounding his resignation. He described the exercise as "superfluous", saying he chose not to participate because the bank did not disclose...
Vadilal Family Feud Returns to Court, Three-Decade-Old Ice Cream Dispute Heats Up Again
One of India's oldest corporate family disputes is back in the spotlight. The long-running conflict within the Vadilal promoter family has returned to the Bombay High Court, with the Mumbai branch seeking legal protection against alleged interference by the Ahmedabad branch in its ice cream and juic...
Amazon Eyes Acquisitions in India, Doubles Down on AI and Cloud Expansion
Amazon is planning to expand its presence in India through strategic acquisitions while continuing to invest heavily in Artificial Intelligence (AI) and cloud infrastructure. CEO Andy Jassy said India remains one of Amazon's most important long-term markets, and the company will work closely with th...