Enterprise Financial News

Subscribe to enjoy similar stories.Creating a successful and resilient stock portfolio requires a series of thoughtful steps.It begins with setting well-defined investment objectives, selecting a strategy that aligns with your preferences, and maintaining active involvement with both the market and your investments.Gaining insights from seasoned investors and implementing their time-tested approaches can provide meaningful direction.For instance, Vijay Kedia, a celebrated investor, is a notable example, with his market strategies frequently garnering attention and respect.Vijay Kedia is a stalwart in the Indian equity markets. Regarded as a market maestro, he has built a reputation for selecting winning mid-cap stocks, making his portfolio a guidepost for retail investors.Having begun his stock market journey at 19, Kedia's fascination with the financial world stems from his family's roots in the stockbroking business.

Subscribe to enjoy similar stories.Most of us grew up seeing conservation at home—saving water, switching off what we did not need, repairing rather than discarding things and treating resources with quiet respect. We never called it ‘sustainability.’ It was common sense, passed down by elders, absorbed without effort and practised without announcement.In today’s global environment, that common sense is not just a virtue but a practical national strength. That is why I read the Prime Minister’s recent seven-point appeal as a timely reminder and not as a signal of panic.

Subscribe to enjoy similar stories.A judge tossed Elon Musk’s $150 billion lawsuit against OpenAI’s Sam Altman this week after the jury determined that the Tesla CEO waited too long to file his claim. Mr. Musk said the verdict was decided on a “calendar technicality” and vowed to appeal, so perhaps this courtroom battle over artificial-intelligence supremacy isn’t over.Essentially, Mr.

Subscribe to enjoy similar stories.NEW DELHI: Standardized valuation, identification of surplus land and norms for the transfer, exchange, lease and commercial sale of land are among the key features of a new framework that the Centre has put in place to unlock public land assets under the second phase of the ₹16.7 trillion National Monetisation Pipeline (NMP 2.0), two government officials said.The Department of Expenditure has issued consolidated guidelines governing the transfer and alienation of Central government land to speed up the monetization, redevelopment and transfer of such assets, replacing the fragmented and decades-old rules followed separately by ministries and departments to support infrastructure creation and mobilize non-tax revenue, they said.Government entities, including the railways, defence establishments, ports and state-run companies hold vast tracts of land across the country, including 2.35 lakh acres of surplus land with loss-making central public sector enterprises.

Subscribe to enjoy similar stories.Policy planners expect some repayment stress to affect small-ticket loans disbursed under two flagship government schemes—PM SVANidhi Scheme and Pradhan Mantri Mudra Yojana—in the next few quarters as a fallout of the war in West Asia, according to three people aware of the issue.The PM SVANidhi Scheme provides working capital term loans to urban street vendors, while the Pradhan Mantri Mudra Yojana funds micro enterprises and small businesses. Many of the loan beneficiaries of these schemes are vulnerable to economic disruption and rising living costs.“We are expecting some stress in the PM SVANidhi Scheme portfolio as it directly caters to street vendors, who form an important part of the informal urban economy.

Subscribe to enjoy similar stories.Amber Enterprises India Ltd exited FY26 with a healthy 22% year-on-year revenue growth at ₹12,186 crore, driven by its consumer durables and electronics segments.However, management has flagged margin pressure building in its core consumer durables business amid soaring input and labour costs.The consumer durables division — which contributes nearly 72% of total revenue and includes room air-conditioners (RAC) and related products — remains the backbone of the company.Despite Q4 being seasonally strong for AC companies, segment margins dropped to 7.5% in Q4FY26 from 8.4% in Q4FY25.For the full year, margins slid to 7.1% in FY26 from 7.7% last year.Copper-clad laminate and gold prices have risen over 60% in the past year, while minimum wages have increased sharply in key states such as Haryana and Uttar Pradesh.Amber has implemented a cumulative RAC price hike of around 14%. However, in consumer durables, price pass-through typically takes one quarter, while in PCB manufacturing it can take nearly two quarters.As a result, management has guided for a temporary margin decline of 50–100 basis points over the next few quarters.Amber already operates at sub-10% Ebitda margins.

Subscribe to enjoy similar stories.For decades, India’s unorganized sector has remained a mainstay of employment in the economy, even as its share of economic output has declined.Large companies and factories have failed to generate jobs at the pace required to absorb a growing labour force. In that vacuum, the unorganized sector—small shops, workshops, grocery stores, tiny manufacturing units and street vendors—remains the fallback.Yet compiling reliable data on these enterprises has long been a challenge.

Subscribe to enjoy similar stories.In India, we treat leadership the way we treat wedding guests: the more people hanging around to feed your ego, the more important you must be.The Ego Equation is simple: Power + Applause – Answerability = Inflated Human Balloon.In theory, leadership is about service. In practice, it often resembles a group project where one person signs the report and everyone else does the work. The moment someone acquires a title, their WhatsApp typing speed slows by 40%.

Subscribe to enjoy similar stories.The fiscal year 2026-27 has just begun, but several small-cap stocks are already attracting market attention for their momentum.Despite volatility in the broader market, a few fundamentally strong smallcaps are witnessing sharp investors interest backed by strong earnings growth, robust order book, improving margins, and expanding business opportunities.Historically, some of the biggest wealth creators in the Indian stock market have emerged from the smallcap space, especially during the early phase of a new financial cycle.And interestingly, a fresh set of small-cap companies is now rapidly moving into the spotlight as investors hunt for the next phase of high-growth opportunities.Here are some of the top-performing smallcap stocks of FY27 till 11 May 2026 that have caught strong market attention with impressive performance and business growth potential.We focus on companies with consistent positive sales and net profit growth over the last 3 years, debt-to-equity below 1, ROE above 15%, and market capitalisation below ₹100 billion (bn).A leading manufacturer of winding and conductivity products used across transformers, renewable energy, power transmission, EVs, railways, and industrial infrastructure.The company has a diversified portfolio of more than 8,500 SKUs across copper and aluminium-based electricals products.The stock has emerged as one of the top-performing small-cap stocks of FY27 so far, surging nearly 83% since April 2026.The sharp rally was primarily driven by the commencement of commercial production at its wholly owned subsidiary, ALCU industries, which significantly boosts the company’s manufacturing capacity and growth visibility.Vidya Wires is currently the

Subscribe to enjoy similar stories.India stands at a unique economic crossroads. It possesses massive household wealth that remains largely disconnected from its industrial engine. While the nation’s micro, small and medium enterprises (MSMEs) grapple with a staggering credit gap estimated at about $310 billion, Indian households are sitting on an estimated 34,600 tonnes of gold valued at roughly $3.8 trillion as of June 2025 as per a Morgan Stanley report.

Subscribe to enjoy similar stories.The Centre's move to lower royalty rates on oil and gas produced in the country is a sharp contrast to its decision to impose a windfall tax during the earlier bout of oil price surge in 2022, when the Russia-Ukraine war began. The West Asia war is causing sharp volatility in oil prices, besides exposing supply-chain vulnerabilities, and seems to have prompted the government to provide greater incentives to encourage domestic production.The share prices of state-owned producers Oil India Ltd (OIL) and Oil & Natural Gas Corp.

Subscribe to enjoy similar stories.General Atlantic-owned infrastructure investor Actis LLPis looking to cash out, fully or partly, from its listed Indian roads platform Nxt-Infra Trust, two people aware of the matter told Mint.“Actis is prepared to remain a co-investor or exit entirely depending on the valuation and the profile of the incoming investor,” one of the persons said on condition of anonymity.The mandate had been languishing for about six months, the second person said, on the condition of anonymity. “A Big Four adviser was originally onboarded to take the company through the mandate, but Ambit was later hired following a period of inactivity and execution hurdles.”The earlier outreach was focused largely on a small set of large private equity firms, this person added.

Subscribe to enjoy similar stories.New Delhi: Syrma SGS Technology Ltd. expects revenue to grow 30% in the ongoing fiscal, driven by strong demand in automotive and healthcare electronics, even as weakness in consumer electronics and geopolitical uncertainty weigh on the wider electronics manufacturing sector,“We’re expecting our automotive and med-tech verticals to do very well this fiscal, just like what we saw last fiscal,” Managing Director Jasbir Singh Gujral told Mint in an interview on Tuesday.

Subscribe to enjoy similar stories.BENGALURU: Small Indian IT services firms are increasingly diverging in performance, as weak deal momentum and sharper competition reshape growth patterns across the sub-$1 billion revenue cohort.Within the segment, revenue growth slowed in fiscal year 2026 (FY26) compared with the previous year, underscoring a widening gap between outperformers and laggards even as one company entered the $100 million revenue club.Save for Sasken Technologies Ltd, which doubled its revenue last fiscal year on the back of its largest acquisition, Birlasoft Ltd and Cyient DET reported their second straight year of revenue decline. Mastek Ltd and Zensar Technologies Ltd grew at 3.1% each in FY26, slower than the 10.9% and 5.4% growth, respectively, in the previous year.The divergence reflects intensifying competition among smaller IT firms as they defend market share against larger peers, while also adjusting to rapid artificial intelligence (AI)-driven shifts in demand and client priorities.At the same time, the ranking within the segment is shifting.

Subscribe to enjoy similar stories.NEW DELHI: India’s electronics companies are getting more time, but not price revisions, to execute government procurement contracts as geopolitical conflicts and supply-chain disruptions raise costs for suppliers of smartphones, tablets and laptops.In a 29 April notice, the department of expenditure in the finance ministry said global economic and supply-chain disruptions triggered by the Iran conflict and preceding geopolitical tensions qualify as force majeure, allowing companies executing government contracts to seek delivery extensions of up to four months without penalty.The move offers some relief to companies such as Acer, Lava and Samsung India, which had sought price revisions for ongoing contracts amid rising component and logistics costs but have so far failed to secure them. Instead, the Centre has allowed extensions of “not less than two months and not more than four months.”The order said the Centre “recognizes delays in delivery in completion of contractual obligations on account of force majeure event for which the supplier, consultant, service provider and contractor is not at fault.

Subscribe to enjoy similar stories.NTPC Ltd, Indian Oil Corporation Ltd, and Coal India Ltd are planing to list their joint venture Hindustan Urvarak & Rasayan Ltd (HURL) to raise up to ₹6,000 crore in fiscal year 2027 (FY27) as part of Centre's asset monetization plan, said two people aware of the matter.NTPC also plans to list its subsidiaries North Eastern Electric Power Corp. Ltd (NEEPCO) and THDC India Ltd (THDC), which is a joint venture (JV) of NTPC and Uttar Pradesh government."The plan is to bring the public offering of HURL within the ongoing fiscal as part of the asset monetization roadmap by offloading 10-11% stake in total to raise ₹5,000-6,000 crore," said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.The listing of the three companies would require approval from the Department of Investment and Public Asset Management, the second person said.

Subscribe to enjoy similar stories.Shares of Polycab India jumped over 7% on Thursday, also hitting a 52-week high of ₹8,991.50 despite 160 basis points year-on-year drop in its March quarter (Q4FY26) Ebitda margin to 13.1%.While a sharp increase in input prices and higher logistics costs hurt margin, price hikes taken last quarter helped Polycab beat analysts’ estimates. Plus, the company’s market share improved by four percentage points in FY26 to about 30-31%, which should benefit Polycab as demand stabilizes.Despite the near-term disruption, the domestic demand outlook remains strong, primarily led by the power sector.

Subscribe to enjoy similar stories.The central government’s procurement from micro and small enterprises (MSEs) rose 21% to ₹1.14 trillion in FY26, according to the MSME Sambandh portal. This surge meant smaller firms bagged nearly half (48.91%) of all central government orders, a significant increase from the 43.28% ( ₹93,971 crore) recorded in FY25.This performance far exceeds the statutory requirement for the government to source at least 25% of its orders from MSEs.Industry stakeholders and experts suggested the rising volumes reflected growing MSME inclusion within the national economy.

Subscribe to enjoy similar stories.Bank loans under the Prime Minister’s Employment Generation Programme (PMEGP) fell by half to ₹6,148 crore in 2025-26 from ₹12,315 crore a year earlier, marking the third consecutive decline, according to data from the micro, small and medium enterprises (MSME) ministry and its PMEGP portal.The lower disbursements coincide with FY26 recording the lowest number of loan applications in a decade, signalling weakening momentum in credit support for small enterprises and job creation under the scheme.The trend raises questions about the creditworthiness of MSMEs and banks’ risk perception of small business loans amid external uncertainties, even as the Centre has increased the budgetary allocation for subsidized loans to start small non-farm business ventures to ₹4,500 crore (BE) for FY27 from ₹2,548 crore (RE) in FY26.The fall in bank loan sanctions is likely due to FY26 being the last year of the fifteenth finance commission cycle that began in FY21, with banks facing uncertainty about whether the scheme will continue, said an official directly aware of the development.The sixteenth finance commission, in its report submitted to the central government in November 2025, noted certain inconsistencies in the reporting of the PMEGP as a subsidy scheme.“Now that the budget for the PMEGP has been allocated for FY27, we expect bank loan sanctions as well as job creation under the scheme to rebound,” the official said on condition of anonymity.A senior bank official said the fall also needs to be seen in the context of tighter credit filters and a shift towards improving asset quality.

Subscribe to enjoy similar stories.Crude oil, the undistilled kind right out of the ground, was known to the Mesopotamians, Persians and Babylonians. The Chinese were the first to dig shallow wells and transport flammable oil through bamboo pipelines. Canadian geologist Abraham Gesner was the pioneer who began to distil oil and coined the term ‘kerosene’ in the mid-1850s.

Subscribe to enjoy similar stories.Anthropic is finalizing a deal to create a new joint venture with Blackstone, Goldman Sachs and a handful of other Wall Street firms that aims to sell artificial-intelligence tools to private-equity backed companies, according to people familiar with the matter.An announcement is expected as soon as Monday, the people said.Anthropic, Blackstone and Hellman & Friedman are anchoring the deal and are each expected to invest roughly $300 million, the people added.Goldman Sachs is also set to be a founding investor, putting in around $150 million, the people said. General Atlantic and other firms are also involved in the deal.