Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024’s tally of 13. Illustration: Dominic Xavier/Rediff India’s long-stalled technology initial public offering
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI’s) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.
Maharashtra has pipped Tamil Nadu in NITI Aayog’s latest Export Preparedness Index (EPI) for 2024. Photograph: Tatiana Meel/Reuters While Gujarat, Uttar Pradesh and Andhra Pradesh gained ground, Karnataka and Haryana slipped out of the top five, the central government think
The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance. IMAGE: Tamil Nadu Chief Minister
Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation. Illustration: Dominic Xavier/Rediff This came following investments of Rs
The famed Darjeeling tea may have slipped to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region’s gardens. IMAGE: A worker gathers tea leaves at the Happy
The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax
2025 marked a shift in investor preference when it comes to MF schemes. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Net inflows into equity mutual fund schemes declined 6 per cent
All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship. IMAGE: Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises. Photograph: Kind courtesy Bharti Enterprises/X The Bharti group, which owns and operates
The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. Photograph: Hemanshi Kamani/Reuters However, the action on regulated entities like penalties and
