Author: Abizar Attari
News Editor

Amravati: Andhra Pradesh’s CM N Chandrababu Naidu has credited his goverment’s reforms and the ‘Speed of Doing Business’ to capture a remarkable 25.3% of all proposed investments in the first nine months of the financial year 2025-26. The state, along with Odisha’s 13.1% and Maharashtra’s 12.8%, account for more than half of the total capital investments in India, according to data released by Bank of Baroda.  The total investment announcements to date in FY 2025-26 are at ₹26.6 lakh crore, an increase of 11.5% from the same period last year. Other states who received significant investment proposals include Telangana (9.5%),…

New Delhi: Information & Broadcasting Minister Ashwini Vaishnaw has approved the creation of the Live Events Development Cell (LEDC), a single window mechanism to facilitate the organization of large-scale live cultural events in India. This development comes at a time when the live events industry is worth ₹ 20,861 crore in 2024, and is expected to grow by 15% every year. India’s live events industry has been seeing a rapid growth, with leading global artistes like Coldplay, Ed Sheeran, Shawn Mendes, Martin Garrix and Wiz Khalifa performing tours in India.  A report by FICCI and EY said that there were…

Mumbai: Emerging pharma major Corona Remedies has reported a strong financial performance for the second quarter of Financial Year 2025-26, with its profit reaching ₹52.32 crore growing 21.8% from the same period last year. The company’s revenues have also increased to ₹361.13 crore, a 15.1% growth from last year.  The company has witnessed healthy growth on the back of its robust branded generics portfolio and its disciplined cost management strategies. The company maintains a strong presence in cardiology, diabetes management, pain management and women’s healthcare therapies. For investors, these results cement their trust in the company, whose listing in last…

New Delhi: In a boost to the government’s Make In India initiative, the Ministry of Electronics and Information Technology (MeitY) has approved 22 proposals worth ₹ 41,863 crore for manufacturing components. The development, under the Electronics Components Manufacturing Scheme (ECMS), is expected to generate almost 33,791 jobs, according to a press note shared to the media. The ECMS had been notified in April 2025, with a budget outlay of ₹ 22,919 crore for 6 years. To date, it has received 249 applications worth ₹1.15 lakh crore, potentially creating employment for almost 1.41 lakh people, almost twice the target set by…

New Delhi: India’s leading coal miner Coal India Limited (CIL) has permitted coal buyers from Bangladesh, Nepal and Bhutan to participate in e-auctions, a significant step in boosting international trade of Indian coal. Following the announcement, Coal India’s shares jumped almost 6%, hitting a 52-week high as investors welcomed the move. According to a press note by CIL, consumers from these three countries can directly participate in the Single Window Mode Agnostic (SWMA) auctions conducted by the company effectively from January 1, 2026. Foreign buyers can directly participate with domestic buyers in the SWMA Auctions. Earlier, customers could access these…

The Indian stock exchanges (BSE and NSE) have more than 5,200 listed companies. However, many of them see very little trading activity, and even fewer have the potential to offer meaningful, consistent returns.  Though the bourses make it easier for you to choose the stocks based on specific indices- based on the stock’s price, financial performance and other criteria, choosing companies that can actually help you get returns in the long term requires you to understand more than just their share prices. A common metric used to understand a company’s investment potential is the price-to-earnings (P/E) ratio, which compares the…

New Delhi: Listed SME Jonjua Overseas Limited has filed a patent to transform spent coffee grounds into organic fertilizer, boosting yields for vegetable crops like tomatoes, carrots and various other vegetables, the company said in a press release to the bourses. The company’s directors Major Harjinder Singh Jonjua and Mr Harmanpreet Singh Jonjua, had filed the patent with the Controller General of Patents, Designs & Trade Marks on January 2, 2026. Through this patented process, a nutrient-rich fertiliser can be substituted against harmful chemical-driven ones that eventually degrade soil quality and affect the survival of several plants that aren’t harmful…

Mumbai: Two of India’s largest quick-service restaurant (QSR) franchise operators are set to merge, bringing together the franchise rights for more than 3,000 KFC and Pizza Hut restaurants under one entity. Sapphire Foods India Limited (SFIL) will be absorbed into Devyani International Limited (DIL), creating a merged entity that will also oversee KFC and Pizza Hut’s long-term presence in India and in select overseas markets. According to the deal, for every 100 shares of SFIL, 177 shares of DIL will be issued. A group company of DIL, Arctic International, will also acquire 18.5% of SFIL’s paid up equity share capital.…

New Delhi: In a late-night notification before the new year, the Ministry of Finance has announced a significant increase in taxes on tobacco products, making them dearer by 28%. This new duty is expected to be implemented by February 1, in addition to the existing 40% GST already levied. The move forms another push by the government to discourage tobacco consumption, with cigarettes longer than 75mm seeing the most impact. Currently, taxes on cigarettes amount for about 53% of retail prices, well below the World Health Organization’s benchmark of 75% aimed at discouraging consumption. Public health activists have welcomed the…

Chennai: Caplin Point Laboratories Limited has announced the acquisition of 10 approved ANDAs from an unnamed multinational generic manufacturer as the company looks to boost its portfolio in the injectable and ophthalmic product range. For Caplin Point, this acquisition means it has the approval from the US FDA to launch 10 generic drugs boosting its portfolio through its subsidiaries Caplin Steriles Limited (CSL) and CAplin One Labs Limited (COL). These ANDAs offer Caplin Point access to a niche addressable market worth approximately $473.2 million, especially in the ophthalmic segment. These products are expected to boost Caplin Point’s market share and…