The government has opened the space sector to 100% foreign direct investment, drawing significant interest from global satellite and launch companies.
Month: May 2026
Byju’s Insolvency Proceedings Near Conclusion as NCLT Reviews Final Settlement Proposal
The National Company Law Tribunal is reviewing a final settlement proposal in the prolonged Byju’s insolvency case.
UPI Transactions Cross 20 Billion Mark in April 2026 Setting New Monthly Record
India’s Unified Payments Interface processed more than 20 billion transactions in April 2026, a new all-time monthly high.
SEBI Tightens Regulations on Algorithmic Trading After Market Volatility Spike
India’s SEBI has issued new regulations capping the speed of high-frequency algorithmic trading following extreme intraday volatility in recent weeks.
Adani Green Energy Commissions 3 GW Solar Plant in Rajasthan
Adani Green Energy has commissioned one of India’s largest single-site solar installations in Rajasthan, boosting the country’s renewable capacity.
India-US Trade Deal Framework Text to Be Released by June 30 Says Commerce Ministry
India’s Commerce Ministry confirmed that the agreed framework for the India-US bilateral trade agreement will be published by end of June.
Zomato Reports 40 Percent Revenue Growth in Q4 FY26 on Quick Commerce Boom
Zomato’s quarterly earnings show strong growth driven by its Blinkit quick commerce division, which now accounts for 38% of revenue.
Ola Electric Launches Affordable S1 Nano Scooter Targeting First-Time EV Buyers
Ola Electric has unveiled its most affordable scooter yet at ₹75,000, aiming to capture the mass market entry-level two-wheeler segment.
HDFC Bank Reports Strong Q4 FY26 Net Profit of ₹18,500 Crore
HDFC Bank has posted a robust quarterly profit, beating analyst estimates, on the back of strong retail loan growth and improved margins.
India’s Pharmaceutical Exports Reach Record $27 Billion in FY26
India’s drug exports crossed a record $27 billion in the fiscal year ending March 2026, driven by generic demand from the US and African markets.