Business

Jackie and Ayesha Shroff’s strategic investment in Sony Entertainment Television’s Indian launch proved to be a game-changing financial move. This early bet, made two decades ago, yielded substantial returns, becoming their most profitable venture. The couple’s 15-year stake in Sony provided not only financial success but also invaluable insights into corporate dealmaking, shaping their future…

India’s private sector soared to record levels in August, with the Composite PMI reaching 65.2, fueled by surging order volumes. The services sector led the charge, hitting an all-time high, while manufacturing also showed strong growth. Increased international orders and robust employment growth contributed to the positive outlook, despite rising inflation pressures and businesses remain…

An SBI analysis projects a decrease in private capital expenditure for FY26 compared to FY25, potentially worsened by US tariffs. While government spending has driven growth, the report emphasizes the urgent need for private sector investment to sustain economic momentum. Subdued private investment poses challenges for achieving higher growth levels, limiting the impact of government…

China’s relaxation of rare earth metal export restrictions is poised to benefit India’s electronics sector, a key Make-in-India initiative. This move addresses supply chain challenges, potentially boosting advanced manufacturing and research while stabilizing costs for vital components in electronics and EVs. Experts emphasize the need for India to enhance self-sufficiency in rare earth resources despite…

Stock market recommendations: Bajaj Broking Research suggests a positive outlook for the Nifty and Bank Nifty, recommending Sagility India and Aditya Birla Capital as top stock picks. Nifty is expected to consolidate between 25,250 and 24,600, while Bank Nifty may oscillate between 54,800 and 56,300.

The government has sanctioned Rs 6,982 crore in additional capital expenditure for BSNL in 2025 to bolster its 4G network rollout nationwide. This allocation supplements previous support totaling Rs 3.22 lakh crore. BSNL has shown financial improvement, reporting operating profits since FY 2020-21 and net profits in the third and fourth quarters of FY 2024-25.