India Financial News
24.02 / 18:19
SUN
Sustainability
Research
innovations
Equality
Updates
Indian pharma leaders call for collaboration, partnerships to spur innovation
Sun Pharma, said that the industry has been taking tentative steps towards innovation. “People are making investments to create capacity within their organization to manage innovation, so that at a certain point of time, we can become an equally important player globally in terms of innovative products,” he said.“But I still don't see innovation at scale…We are very tentative in terms of that investment,” he said.
24.02 / 11:11
Parke
wellness
Diversity
stage
country
social
International
The significance of India's role in AI diffusion took centre stage at the New Delhi summit
In November 2023, a few governments and technologists gathered at Bletchley Park to discuss artificial intelligence (AI), seeking to come to terms with the technology they were developing. The mood was sombre and fear was the dominant register.
24.02 / 09:15
markets
UPS
IPO
Provident
Trade
rights
Updates
Mint Explainer: Is this the right time for Carlsberg to list in India?
Carlsberg AG, the Danish brewer, recently said it plans to list its India business on the domestic bourses. The move comes at a time when India’s beer market is benefiting from favourable regulatory shifts, growing retail access, and a potential cyclical recovery after a weak season. Yet, the market remains structurally spirits-dominated, intensely competitive, and heavily dependent on state-level excise policies.What explains the timing of the IPO, and how big are the opportunity and the risk? Mint explains.Chief executive Jacob Aarup-Andersen said in a February earnings call that the company is assessing an initial public offering (IPO) in India to “create shareholder value”.
24.02 / 08:39
markets
Software
Research
wellness
Features
Updates
International
AI’s impact on human employment will vary in line with what tasks are open to automation
The AI Impact Summit held last week brought many members of the global technology royalty to New Delhi. It also featured the launch of India’s first multi-billion parameter large language model, saw announcements of big investments in artificial intelligence (AI) infrastructure and ended with an international declaration on the need for democratic diffusion of AI. Venture capitalist Vinod Khosla set the cat among the pigeons by saying that AI may destroy the software services and business processing outsourcing businesses that are so important to the Indian economy.
24.02 / 07:51
COST
UPS
show
reports
gatherings
CIE Automotive banks on India for growth; Europe recovery crucial
Subscribe to enjoy similar stories. CIE Automotive India Ltd’s shares are up about 7% since its December quarter (Q4CY25) results last week, as growth momentum continued to gather pace. Consolidated revenue increased by 13% year-on-year, clocking the best growth in many quarters, to ₹2,393 crore on the back of a good show from the India business and a favourable exchange rate in Europe.
24.02 / 07:51
markets
UPS
Digital
Cooper
Courts
Updates
Where there’s a will, there’s a way: We need urgent reforms to speed up justice
India’s justice system is groaning under a crushing backlog. Nearly 48 million cases are pending in lower courts, while the Supreme Court alone has close to 90,000 unresolved matters. This does not include matters before tribunals and administrative bodies.
24.02 / 07:51
Platform
Entertainment
Experts
Diversity
show
audience
OTT enters mass era: Why family-friendly TV shows now rule India's streaming charts
Subscribe to enjoy similar stories. Mass-market television shows that cater to families and universal audiences are topping OTT viewership charts, proving that streaming has now entered what experts refer to as a period of ‘massification’ with the medium no longer restricted to urban, upmarket audiences. According to media consulting firm Ormax, the list of top 10 most-watched OTT properties in India for the week ended 8 February included titles originally made for TV such as Naagin season seven on JioHotstar (4.5 million views), Taarak Mehta Ka Ooltah Chashmah on YouTube and SonyLIV (3.8 million views) and Pati Brahmachari on the YouTube channel of Dangal TV (3.1 million views).
24.02 / 06:57
markets
Action
awards
information
reports
recommendations
Updates
Why delinking the Finance Commission’s devolution from state FC reports is a flawed idea
In his book Increasing Returns and Path Dependence in the Economy, economist W. Brian Arthur explains how institutional outcomes often persist not because they are efficient, but because early deviations alter the payoff structure of future choices. Once a sub-optimal equilibrium is reached, coordination effects and adaptive expectations lock it in.
24.02 / 06:57
UPS
FIVE
Progressive
Waters
prevention
guidelines
RBI's push to curb mis-selling by banks may put life insurers in the cross hairs
Subscribe to enjoy similar stories. On 11 February, the Reserve Bank of India released draft guidelines that seek to make banks more accountable for the financial products they sell to individuals. The guidelines aim to prevent banks from mis-selling various financial products, especially life insurance plans that double up as investments.
24.02 / 06:57
markets
Target
Trade
stage
Updates
Relationships
International
JSW to put ₹65 crore Dulux royalty savings back into India's competitive paints business to widen market share
The JSW Group, which acquired Akzo Nobel India Ltd last year, plans to plough the money that used to be paid as royalty for the Dulux brand back into its paints business and widen its market share.JSW Paints acquired the decorative paints business of Akzo Nobel India, which includes the popular Dulux brand, for ₹9,000 crore in June 2025. Earlier, 3% of the value of decorative paints sales was paid as royalty to its global parent for use of the brand, but that has now stopped.“In the month of June 2025, we acquired the decorative IP and the Dulux brand is now owned by Akzo Nobel India… So, the royalty ceased to exist, which translates to roughly around 60 crore to 65 crore rupees, depending on the revenue trajectory,” Krishna R, chief financial officer of Akzo Nobel India, said during a post-earnings interaction with analysts.
24.02 / 06:07
markets
Align
show
recommendations
rights
Updates
Headlines
Why Indian investors know what to do—but still don’t do it
₹17,000 crore a month in 2024. At the same time, stoppage ratios remain high, often exceeding 50% during volatile periods. This suggests that while more investors are entering the system, many struggle to stay the course.
24.02 / 05:35
markets
UPS
Target
Metro
wellness
Healthcare
Cipla Health targets 3x growth in 5 years, bets big on beauty and wellness
Mint.The growth ambition comes as India’s premium personal care and wellness market intensifies, drawing aggressive FMCG majors, venture-backed startups and global brands. Cipla Health is betting that its pharmaceutical lineage and scientific credibility can help it scale brands into large consumer franchises.“We don't have as many large consumer health brands in India at the moment,” Puri said.
24.02 / 04:53
markets
UPS
Manufacturing
reports
Vaccines
Pharmaceuticals
Global PE firms line up for IndiaRF’s Synthimed Labs in $150-200 million deal
Mint first reported that IndiaRF has mandated Rothschild to help scout for buyers for the portfolio company that is seeking a valuation of about $1 billion.The stake sale underscores rising investor appetite for scaled API platforms with export-heavy books, especially as India’s pharma supply chain strengthens its position in regulated markets and private equity firms seek pre-IPO opportunities in defensible healthcare assets.“The exact amount of the ongoing fundraise is contingent to an acquisition that Synthimed is evaluating,” a third person said. “If the acquisition goes as planned, the round may potentially become larger with a primary capital infusion.
24.02 / 02:13
markets
COST
Election
Justice
voice
Courts
Why the Supreme Court's caution on freebies demands the attention of India’s political class
At one level, the Supreme Court’s (SC) chastisement last week of political parties and elected governments announcing freebies and direct cash transfers to woo voters ahead of elections might smack of judicial over-reach.Under India’s Constitution, all three arms of the state—the legislature, executive and judiciary—are required and expected to maintain a delicate balance without stepping on each other’s turf. However, a closer look at the object lesson delivered by the apex court to our political class on the long-term cost of such fiscal irresponsibility offers no reason to level that charge.
24.02 / 00:39
markets
Provident
Target
Sustainability
performer
classical
recommendations
Stocks to buy: Raja Venkatraman recommends two high-yield dividend stocks for 24 February
Subscribe to enjoy similar stories. Indian stocks with high dividend yields such as Vedanta and Coal India have acted as defensive anchors during the market volatility of 2025-2026. Despite global uncertainty and shifting domestic policies, these companies provided 4-6% yields, using their strong cash flows to protect investor capital from broader market declines.
24.02 / 00:39
markets
COST
UPS
Platform
Strategy
Research
Features
Ambani's Jio set to take on Ray-Ban Meta with affordable AI smart glasses
Mukesh Ambani's Reliance Industries Ltd (RIL) is looking to replicate its mobile data tariff strategy in smart eyewear — betting on aggressive pricing and scale to bring artificial intelligence (AI)-powered glasses to a wider audience, analysts and industry executives in the know said.JioFrames AI smart glasses, unveiled last year at RIL's annual general meeting, are expected to hit the market in the next 2-3 months, an industry executive said, adding that prices are likely to be significantly lower than the Ray-Ban Meta smart glasses that are available in the market. Analysts expect Jio Platforms to price its smart glasses below ₹10,000, roughly a third of the starting price of the Gen 1 variant offered by market leader Ray-Ban Meta, which sells at around ₹30,000.Smart glasses combine traditional eyewear with built-in speakers, microphones and AI features, allowing users to listen to music, take calls, capture photos and access digital assistance without pulling out a phone.The market for smart glasses has started heating up, with companies such as Lenskart and AI platform Sarvam also looking to launch these products.
24.02 / 00:39
markets
COST
UPS
BLOCK
Manufacturing
Hyundai
Updates
India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500 million JV
India’s long-held ambition to become a serious shipbuilding nation on par with giants such as China, South Korea, and Japan may finally get off the starting blocks in the second half of 2026, at a time when the Asian shipyards are packed with orders, with waiting periods stretching into several years.In the first instance of a global shipbuilding giant investing directly in core shipbuilding infrastructure in India, state-run Cochin Shipyard Limited (CSL) and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE)—part of the HD Hyundai Group—are in final stages of forming a joint venture to set up a $500-million manufacturing facility in Kochi, with both partners contributing equally.CSL’s chairman and managing director, Jose V.J. said a CSL team would visit South Korea this month to finalise the deal.
24.02 / 00:39
markets
UPS
Provident
Aware
Food
Experts
Updates
FSSAI's big coffee shake-up: Chicory content must be prominently displayed on front of pack from 1 July
New Delhi: How much chicory is in your coffee? If you’re not sure or don’t care, you will get to know starting in July, when the percentage of chicory will be displayed quite prominently on coffee powder packs.India’s apex food regulator wants to ensure that customers are aware of the volume of chicory in their preferred brew, according to two government officials and a document reviewed by Mint.In a major overhaul for beverage labelling, the Food Safety and Standards Authority of India (FSSAI) has finalized a new mandate requiring ‘prominent declarations’ on the front of the pack so that blended coffee is not mistaken for 100% pure coffee. Also, the font sizes of these declarations must be proportionate to the logo dimensions, with a 1 July enforcement date.Chicory is a popular additive that provides a darker colour and an earthy taste to the beverage.
24.02 / 00:39
markets
UPS
Digital
Platform
BlackRock
performer
Updates
Jio BlackRock changes tack, reaches out to mutual fund distributors
fintechs to market its mutual fund products.The company's move comes after a muted debut of its first equity scheme, the Jio BlackRock Flexicap Fund.Launched in October 2025, the Jio BlackRock Flexicap Fund's assets under management (AUM) stood at ₹2,613 crore at the end of January, compared with ₹2,808 crore of the Abakkus Flexicap Fund, launched in December 2025."For a name like Jio BlackRock, it should have seen a higher uptick in its flexicap fund. Trying to go purely direct in India, especially for a new AMC, might be difficult," said Srikanth Meenakshi, co-founder of mutual fund research platform Primeinevstor.In a 6 Septemberinterview with Mint, its chief executive, Sid Swaminathan, said people were becoming increasingly comfortable managing their finances digitally on their phones, and its partnership with Jio, which has access to that ecosystem, gave it a clear understanding that this is the direction it wants to pursue.
24.02 / 00:39
markets
UPS
Sustainability
Food
PepsiCo
President
International
India’s ₹10,000 crore recycled plastic bet hits policy roadblock
India’s plastic bottles industry faces a ₹10,000 crore quandary: investments in a costlier, recyclable, food-grade material risk turning dud as regulatory uncertainty has slowed adoption by beverage makers.India drafted rules in February 2022to make it mandatory for beverage-grade bottles to contain at least 30% recycled polyethylene terephthalate (r-PET). It’s a kind of material that can be fully recycled.
24.02 / 00:39
markets
Action
Sustainability
trends
Trade
recommendations
Courts
Stock recommendations for 24 February from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: The Indian equity benchmarks extended their winning streak on Monday, buoyed by a landmark US Supreme Court ruling that invalidated broad-based emergency tariffs. Nifty 50 advanced 0.55% to settle at 25,713, while Sensex climbed 0.58% to end at 83,294.66.
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