Author: Ansh Singh

New Delhi: State-run oil company Hindustan Petroleum Corporation Ltd reported a massive increase in its July-September quarter net profit for Q2 FY 2025-26. The net profit of the company jumped over six times when compared to the same period last year. This came for the reason that its refining margins, or the amount of money it makes per barrel of crude that it processes, improved a lot. HPCL said its gross refining margin was $8.80 a barrel for this quarter, much higher than what it had last year. This is a big deal, because when refining margins rise, oil companies…

Delhi: Gallant Sports & Infra Pvt. Ltd. proudly announces the renewal of its Master Distributor Agreement with ENLIO, a global leader in sports flooring innovation. This continued collaboration reinforces Gallant Sports’ leadership in delivering world-class, safe, and sustainable sports infrastructure solutions across India. The renewed partnership aims to strengthen the distribution and installation of ENLIO’s high-performance flooring systems nationwide, including TPE/PP modular tiles, FIBA-approved 3×3 basketball tiles, and advanced PVC vinyl flooring. Trusted at global sporting events such as the Olympic Games, these products continue to set benchmarks for durability, safety, and performance in India’s evolving sports ecosystem. A key…

Bengaluru: Bajaj Financial Securities has acquired stakes in Bengaluru-based customer data platform Lemnisk through a secondary transaction, giving partial exits to early backers including growX Ventures. Lemnisk said the investors continue to remain invested in the company, reaffirming their long-term conviction in Lemnisk’s growth and category-leadership potential. The deal, whose value was not disclosed, comes as Indian enterprises ramp up spending on real-time customer data infrastructure and AI-driven personalisation. A secondary sale allows existing investors to offload shares to a new investor, rather than fresh capital entering the company. Lemnisk, founded by Praveen DS, Rinku Ghosh and Subra Krishnan, operates…

New Delhi: The much-anticipated STN Conclave 2025 in Jaipur is set to bring together over 200 purpose-driven leaders from across South Asia, uniting visionaries who are shaping the future through learning, collaboration, and impactful action. This year’s Conclave proudly acknowledges Ideal Insurance Brokers Pvt. Ltd. as the Principal Sponsor. Led by Mr. Rahul Agarwal, STN Member and Founder, Ideal Insurance stands out as a trusted insurance distribution company with a consultative, risk-focused approach that redefines the insurance landscape. Their commitment to client-centric risk management perfectly aligns with the Conclave’s spirit of sustainable growth and innovation. The Platinum Sponsor, People Link…

New Delhi: The Indian stock market began the new week on a strong note, supported by positive global trends. The Sensex jumped more than 250 points, while the Nifty crossed the 25,550 mark in early trade. The rise came after signs that the U.S. government shutdown may soon end, which lifted confidence in markets across Asia. In India, strong results from major companies also added to the positive mood. Sectors like IT, pharma, and energy led the gains, while PSU banks and real estate stocks stayed slightly weak. Experts say investors are now preferring safer sectors as global uncertainty continues.…

New Delhi: KKR, one of the world’s largest investment firms, announced that it plans to increase investments in India. It said it will focus on fast-growing areas such as healthcare, technology, and finance. This is reflective of increasing confidence by global investors in India’s long-term growth story. Over the last couple of years, India has emerged as a darling for international investors due to its stable government, growing middle class, and an improved business environment. Billions of dollars of foreign capital have flowed into the country. For many large companies, India is among the best places for business growth. A…

New Delhi: The RBI has decided to ease its rules to allow banks to finance more mergers and acquisitions. Banks earlier had strict limits on how much money they could lend for such deals. Companies that buy or merge with others will find it easier to get loans from banks now. This is a major development in India’s corporate world. A merger or acquisition usually makes companies stronger, less competitive, and faster-expanding. These deals also create new jobs and attract foreign investment. RBI believes that if banks are allowed to lend more liberally on such business deals, it will be…

New Delhi: Karnataka has announced a new Startup Policy, running up to 2030, and aims at the emergence of Karnataka as a global startup hub. With an outlay of ₹518 crore, the government aims to support 25,000 new startups over the next five years. While Bengaluru is already famous for its technology companies, this new plan will focus on spreading startup growth to other cities like Mysuru, Hubballi, and Mangaluru. The policy will offer young entrepreneurs funding, mentorship, and training. It will also usher in startups dealing with businesses in futuristic arenas such as clean energy, agriculture technology, and digital…

New Delhi: The Securities and Exchange Board of India is going to make a huge change in the certification of financial professionals. This means brokers, advisors, and analysts who assist people in the stock market will henceforth be required to undergo better and more detailed training. In simple terms, SEBI wants to ensure that whoever handles people’s money in the stock market knows their job. The financial market in India has grown big and complex, especially with online trading, new investment products, and the entry of millions of young investors. So, the regulator feels that it’s time to raise the…

New Delhi: India continues to take giant strides on its journey to become an industrial powerhouse. Adani Enterprises signed a major deal for the supply of copper from Australia to its new smelter at Kutch in Gujarat. This billion-dollar smelter will convert raw copper into finished materials that go into electric wires, vehicles, and renewable energy systems. Copper is one of the most important metals in today’s world. It is needed for electricity, construction, and electronics. The country currently imports a lot of copper from other countries, but now it wants to make more of it within. The smelter will…