Bengaluru: Domestic engineering solutions major Cyient aims to strengthen its semiconductor ambitions by acquiring a majority 65% stake of Kinetic Technologies, a US based analogue chip designer known for its power management integrated circuits used for industrial equipment, consumer electronics, automotive systems and data-centric applications. “Cyient Semiconductors has signed a definitive agreement to acquire a majority stake in Kinetic Technologies, a global leader in power management, high-performance analog and mixed-signal ICs for a total consideration of up to USD 93 million,” Cyient said in a press release. The acquisition, done through its semiconductor arm Cyient semiconductor, aims to help the…
Author: Abizar Attari
2025 will remain etched in history as the year of the IPOs. Across the calendar year, more than 290 companies raised almost ₹1.53 lakh crore, despite the challenges in demand, tough geopolitical environment and the general tendency amongst promoters to raise money to profit on the trends rather than the promise of growth. Despite the many IPOs that haven’t lived up to expectations, there are a few, under the radar companies that have quietly offered promising returns to investors, both for the short and long term. Here’s a list of the top 10 companies that actually offer hope, rather than…
New Delhi: Charging infrastructure major Exicom launched Exicom One, an integrated, end to end EV charging solution aimed to simplify deployment and accelerate electric vehicle adoption across India. Exicom One brings together software, hardware and other services into a single turnkey platform, aimed to assist fleet owners, real estate developers, and enterprise clients adopt the technology. Exicom One offers an all in one solution, combining EV chargers, cloud based charging management software and energy management systems under one umbrella. It is aimed at addressing key bottlenecks in India’s emerging EV ecosystem, with fragmented infrastructure and high integration costs being primary…
New Delhi: Mutual Fund investors can now expect better transparency after market regulator Securities Exchange Board of India (SEBI) announced a major overhaul in Mutual fund expenses, the first in two decades. The standout feature here has been the unbundling of the Total Expense Ratio (TER) and a reduction of brokerage charges by 6 basis points (bps) from the current 12. For investors, this means better transparency, as you now know how much of the expenses go to fund managers, to brokers and the how much tax you pay on your investments. The TER is now split into 4 components…
Surat: A massive fire has been reported at the Shree Balaji Chemical Factory at Palsana GIDC in Surat. The fire broke out on Wednesday (December 17) morning and took a severe form quickly due to the flammable chemicals at the factory. More than 10 fire department vehicles reached the spot from nearby fire stations at Bardoli, Kadodara, Kamrej and Sachin. #WATCH | Surat, Gujarat | A fire broke out at a chemical factory in Makhinga village of Palsana. Fire tenders are on the spot and efforts to control the fire are underway. pic.twitter.com/x5A6KyzB2o — ANI (@ANI) December 17, 2025 Since…
Mumbai: Silver prices have surged to record highs, driven mostly by increased industrial demand and a supply that cannot keep up to it. The metal has rallied sharply in the international market, with spot prices reaching almost $65 per ounce, even as production struggles to keep up with demand from manufacturers of solar panels, electric vehicles, electronics and advanced manufacturing. This increased demand has seen investors making a beeline for the poorer cousin to gold, where prices have risen almost 124% on a year-to-date basis. In India, the demand up to Diwali saw investors buying into silver ETFs in record…
New Delhi: Viral Sudhir Desai, a renowned environmentalist and industrialist from Gujarat, has been honored with the prestigious National Energy Conservation Award (NECA) at a grand ceremony held in New Delhi. Mr. Desai received the award from the President of India, Smt. Droupadi Murmu. This marks his third consecutive Golden Trophy and his sixth National Award in total, recognizing his extraordinary contribution to energy conservation and environmental protection. Known as the “Greenman,” Viral Desai’s company has gained national recognition for adopting cutting-edge methods for energy efficiency and conservation. It is noteworthy that he successfully competed with the leading textile companies…
New Delhi: E-waste recycling company Attero is looking to invest ₹150 crores to scale up its rare earth recycling capabilities from the current 300 tonnes to 30,000 tonnes over the next two years. This development comes at a time when China is increasingly weaponising its dominance in rare earth extraction and processing, with rare earths being crucial for the manufacture of electronics and emerging technologies. Attero aims to set up e-waste recycling plants in Pune, Bengaluru, and Faridabad, with the aim of cornering 30% of India’s formal rare earth recycling market. Each of the three e-waste plants will have a…
Mumbai: Corporates are increasingly seeing managed office spaces (MOS) as the ideal solution to expand their operations, a report by flexible workspace provider Awfis reveals. Growing companies, especially in the finance, technology and manufacturing domains, are increasingly choosing the convenience of managed spaces, with almost 86% of executives preferring them for their expansion plans. Companies choose managed office spaces as an ideal solution to meet their operational requirements, especially with highly customised, ready-to-use infrastructure that helps them set up their operations as soon as possible. According to the survey conducted in collaboration with ANAROCK Research & Advisory, almost 71% of…
New Delhi: India’s Insurance sector could witness enhanced competition if Parliament passes the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, tabled on Tuesday, December 16 by Finance Minister Nirmala Sitharaman. This bill aims to ease regulations and boost competition in the insurance industry, which collected approximately $82.49 billion in premiums in FY25, a 5.6% increase from FY24. #WinterSession2025 FM @nsitharaman moves The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in LokSabha. The Bill further to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the Insurance Regulatory and Development Authority Act,……

