Amazon in most 'aggressive' phase of India expansion: Country head
INDIA BUSINESS | Sun, 14 Jun 2026, 2:43PM IST
Amazon is in the midst of its "most aggressive phase of expansion" in India yet, country head Samir Kumar has said, adding that the ecommerce giant is firmly focused on playing the long game for market and customer wins.
The comment from Amazon India's top honcho comes against the backdrop of the company's recently announced USD 35 billion investment by 2030 - building on USD 40 billion already invested - to support business expansion, AI-driven digitisation, exports and job creation.
"If you look at our investments, we are one of the largest investments in India...USD 35 billion over the next five years, USD 80 billion of exports enablement, continuing to invest in Amazon Now and speed with 100 cities and 1,000 micro fulfillment centres, so we are in the most aggressive phase of expansion in India yet, we are here to play a long-term and win in India," Kumar told PTI.
Brushing aside concerns over market complexities and rising competitive intensity, Kumar emphasised the company's .
Continue reading at Business Standard
31m
Where Indian seafarers safety is at stake
INDIA BUSINESS | Sun, 14 Jun 2026, 2:41PM IST
Seafarers operating in regions where commercial shipping is entangled in geopolitical conflict are at a greater risk; diplomatic engagement alone may not suffice, they should not be compelled to sail through war-risk zones without full disclosure of risks and their informed consent
Continue reading at The Hindu
33m
Merger Cleared, David Ellison to Join Trump at U.F.C. Bout
GLOBAL NEWS | Sun, 14 Jun 2026, 2:31PM IST
A U.F.C. fight on President Trumps birthday will now double as a capstone for Paramounts successful effort to secure Justice Department approval for a mega media merger.
Continue reading at The New York Times
43m
The G7 Summit Is Dogged by Chaos and Divided by Trump
GLOBAL NEWS | Sun, 14 Jun 2026, 2:30PM IST
Group of 7 meetings once embodied the effort to sustain the global diplomatic order. This years gathering, starting on Monday, symbolizes its fragmentation.
Continue reading at The New York Times
44m
How to Run a News Company in the Age of Polarization and A.I. Slop
GLOBAL NEWS | Sun, 14 Jun 2026, 2:30PM IST
Cesar Conde of NBCUniversal News thinks that the pendulum will eventually swing back to mainstream media brands.
Continue reading at The New York Times
44m
Kash Patel Keeps Suing the Press
GLOBAL NEWS | Sun, 14 Jun 2026, 2:30PM IST
The F.B.I. director, following a strategy from President Trump, has filed six defamation lawsuits against news media companies and commentators in nearly seven years.
Continue reading at The New York Times
44m
Medicare Enrollment 101: What You Need to Know
GLOBAL NEWS | Sun, 14 Jun 2026, 2:30PM IST
The federal health insurance program can be complicated. Heres how to start, and where to find help.
Continue reading at The New York Times
44m
Southern Railway highlights 2025-26 achievements; rollout includes Amrit Bharat and MEMU services
INDIA BUSINESS | Sun, 14 Jun 2026, 2:27PM IST
In a move to transform regional travel, Southern Railway has unveiled an extensive expansion of services throughout Tamil Nadu, Kerala, and Karnataka. This includes the launch of new train lines and the extension of current routes, with increased service frequencies and hundreds of fresh stops added to the schedule.
Continue reading at Economic Times
48m
Qatari team arrives in Iran for peace talks
INDIA NEWS | Sun, 14 Jun 2026, 2:27PM IST
Tehran [Iran]: A Qatari delegation travelled to Tehran on Sunday to examine the recent developments in diplomatic efforts involving Iran and the United States after last week's talks, according to local Iranian media.Iranian news agency Tasnim reported that the delegation is in the Iranian capital to examine the latest developments related to the diplomatic process and has held consultations with officials of Iran.According to ISNA, the delegation is headed by an adviser to Qatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani. The visit is aimed at continuing the exchange of messages between Tehran and Washington regarding a memorandum of understanding (MoU) intended to end the war.In Iran, dozens of people staged a demonstration outside a foreign ministry office in the north-eastern city of Mashhad, shouting slogans against top diplomat Abbas Araghchi following a televised interview concerning a potential peace agreement with the United StatesThis domestic outrage directly followed a broadcast on state television, where Araghchi stated that the proposed agreement includes provisions for dismantling the US naval blockade on Iranian ports, which Washington had instituted following Iran's own blockade in the Strait of Hormuz.Protesters were seen demanding political exits, chanting "Araghchi, resign" and "Ghalibaf, resign," directed at the foreign minister and parliament speaker Mohammad Bagher Ghalibaf, who is also serving as the chief negotiator.While Trump and Pakistofficials stated that the deal aimed at concluding the conflict could be finalised as early as Sunday, authorities in Tehran remained highly cautious about the official timeline.Trump asserted that a framework agreement is anticipated to be signed on Sunday, with Islamabad stating that an electronic signing ceremony is being organised.Trump, in a post on Truth Social, said that if the deal doesn't work out, the US has an ultimate alternative."Barack Hussein Obama's Deal with Iran, the JCPOA, was an easy, beautiful, smooth road to a Nuclear Weapon, which Iran would have had six years ago, and would have used long before now. My Agreement with Iran is the exact opposite, A WALL TO NO NUCLEAR WEAPON! In fact, they no longer want a Nuclear Weapon, nor will they have one, either through purchase, development, or any other form of procurement. The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL," he said.Conversely, Iranian Foreign Ministry spokesperson Esmaeil Baghaei explicitly downplayed an immediate conclusion, stating, "It will not be tomorrow," though he acknowledged that an agreement might still be formalised in the subsequent days.
Continue reading at Economic Times
48m
Embassy Developments to spend 2k cr in FY27 on construction activities: MD
INDIA BUSINESS | Sun, 14 Jun 2026, 2:26PM IST
Realty firm Embassy Developments Ltd will invest around Rs 2,000 crore this fiscal in construction activities across various projects to ensure timely completion, a top company official said.
Embassy Developments, part of Bengaluru-based Embassy Group, had invested nearly Rs 1,200 crore during the 2025-26 financial year.
In an interview with PTI, Embassy Developments Ltd Managing Director Aditya Virwani said, "We will be stepping up investment on construction activities this fiscal to Rs 1800-2000 crore.
He said the construction work is progressing well across all ongoing residential projects in Bengaluru, Mumbai Metropolitan Region (MMR) and Delhi-NCR.
Virwani said the construction cost has gone up by around 5-6 per cent due to a rise in prices of raw materials because of the West Asia conflict. Labour wages too have increased.
On the operational front, he noted that sales bookings last fiscal more than doubled to Rs 4631 crore on strong consumer demand, which continues to shift
Continue reading at Business Standard
48m
In most aggressive phase of India expansion; here for long-term market wins: Amazon India head
INDIA BUSINESS | Sun, 14 Jun 2026, 2:24PM IST
Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already committed, India head Samir Kumar said. The company is ramping up investments in e-commerce, AI, exports and quick commerce through Amazon Now, while targeting 100 cities and 1,000 micro-fulfilment centres.
Continue reading at Economic Times
50m
Two-Wheeler Sales On Amazon Jumps Two-Fold Led By Tier Two, Three Cities
INDIA MARKET | Sun, 14 Jun 2026, 2:02PM IST
Amazon currently lists a selection from over 20 brands across electric, premium and commuter segments, including Triumph, KTM, Royal Enfield, Bajaj Auto, Ather Energy and Hero MotoCorp, supported by more than 3,000 OEM-authorized dealers.
Continue reading at NDTV
1h
Explained: why RBIs FCNR(B) and ECB swap window could be a game changer for banks
INDIA MARKET | Sun, 14 Jun 2026, 1:57PM IST
RBIs FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRIs and lower hedging costs for lenders create a win-win. Strong inflows could support credit growth, margins and offset persistent FPI outflows from Indian banking stocks.
Continue reading at Economic Times
1h
Vaishnaw expects more firms to start production of memory chips in India
INDIA MARKET | Sun, 14 Jun 2026, 1:54PM IST
The minister said there is a global phenomenon of supply-demand imbalance, which is now getting filled up by setting many more units
Continue reading at Business Standard
1h
Qatari Negotiators Arrive In Tehran In Push For US Peace Deal Amid Iran's Pending Final Decision
INDIA MARKET | Sun, 14 Jun 2026, 1:52PM IST
The diplomatic push comes amid growing domestic opposition within Iran, where hardliners have staged protests against Foreign Minister Abbas Araghchi.
Continue reading at NDTV
1h
INDIA MARKET | Sun, 14 Jun 2026, 1:48PM IST
Trump said that the Strait of Hormuz will reopen immediately after US-Iran peace deal is signed. Get all Live Updates on US-Iran War here.
Continue reading at NDTV
1h
INDIA MARKET | Sun, 14 Jun 2026, 1:38PM IST
FSSAI has issued notices to Emami Healthy & Tasty, Health Aid, Troovy, The Healthy Factory, Healthy Master, Healthy Choice, Plan B and Neuherbs.
Continue reading at NDTV
1h
Sabarimala entry issue resurfaces
INDIA NEWS | Sun, 14 Jun 2026, 1:18PM IST
Thiruvananthapuram: The politically sensitive Sabarimala women's entry issue resurfaced in Kerala on Sunday following media reports of alleged disclosures by former TDB president A Padmakumar regarding the events surrounding the entry of women of menstruating age into the hill shrine in 2019.The CPI(M), however, appeared reluctant to respond to the reported claims, with state secretary M V Govindan saying any clarification should come from Padmakumar himself.Media reports claimed that Padmakumar, then president of the Travancore Devaswom Board (TDB), had told close associates that he and senior police officer S Sreejith were deliberately kept away from Sannidhanam on the day two women entered the Sabarimala temple following the Supreme Court verdict.Also Read: Kerala HC orders independent re-evaluation of Sabarimala ghee saleThe reports further claimed that Padmakumar had alleged that the move was orchestrated by a "highly influential person" with considerable sway in both the party and the then Left government.He is also reported to have claimed that he had been asked to avoid travelling to Sabarimala on that day and instead proceed to Thiruvananthapuram.Padmakumar, a former CPI(M) MLA who has distanced himself from the party after being named an accused in the Sabarimala gold loss case and subsequently jailed, is yet to publicly address the media following his release on bail.The reported revelations surfaced at a time when the CPI(M) leadership indicated that organisational action could be initiated against Padmakumar in connection with the Sabarimala gold loss case.Also Read: Sabarimala gold loss case: SIT to collect more samples from temple artefactsWhen the media sought the party's response to the reports, Govindan said the matter should be clarified by Padmakumar himself."It is not our responsibility to respond to all these allegations. Those questions should be directed to Padmakumar. After he came out of jail in connection with the Sabarimala gold loss case, he was removed from all party responsibilities," Govindan told reporters.He further said that any organisational action against Padmakumar would be decided by the CPI(M)'s Pathanamthitta district committee."The district committee is the competent authority to take organisational action. They will surely take an appropriate decision," he said.The Sabarimala women's entry issue remains one of the most contentious political and social controversies in Kerala in recent years.In September 2018, the Supreme Court, in a landmark judgment, struck down the centuries-old practice that barred women between the ages of 10 and 50 from entering the hill shrine, holding that the restriction violated constitutional guarantees of equality and freedom of worship.The verdict triggered widespread protests across Kerala, with a section of Ayyappa devotees and Sangh Parivar organisations opposing the implementation of the judgment and accusing the then CPI(M)-led LDF government of "attempting to interfere" with temple traditions.The controversy intensified in January 2019 when two women of menstruating age entered the Sabarimala temple under police protection, becoming the first to do so after the SC verdict.The development led to massive protests, political confrontations and legal challenges. The Left government headed by then Chief Minister Pinarayi Vijayan had defended its actions, maintaining that it was duty-bound to implement the Supreme Court's order.The apex court later referred a batch of petitions raising broader questions on religious practices and gender justice to a larger bench. The issue remains pending before the court.
Continue reading at Economic Times
1h
Labour ministry eyes universal, flexible pension scheme under EPFO
INDIA BUSINESS | Sun, 14 Jun 2026, 1:16PM IST
Labour Ministry is considering a universal pension scheme under EPFO that would let workers contribute flexibly at any time, aiming to widen retirement coverage across formal and informal sectors
Continue reading at Business Standard
1h
US-Iran War News Live Updates: Qatari Delegation Arrives In Tehran In Push To Finalise Deal
INDIA MARKET | Sun, 14 Jun 2026, 1:15PM IST
Trump said that the Strait of Hormuz will reopen immediately after US-Iran peace deal is signed. Get all Live Updates on US-Iran War here.
Continue reading at NDTV
2h
Are High Valuations Behind FIIs Exit In India? Samir Arora Explains
INDIA MARKET | Sun, 14 Jun 2026, 1:11PM IST
Arora noted that the FPI ownership in Eternal rose from 10.4% in 2022 to 30.8% in 2026. In HDFC AMC, foreign shareholding increased from 10.4% to 24.5% during the same period, while GE Vernova saw foreign ownership climb from 0.3% to 20.4%.
Continue reading at NDTV
2h
Mcap Of Eight Of Top-10 Most Valued Firms Surges By Rs 1.90 Lakh Crore; ICICI Bank Shines
INDIA MARKET | Sun, 14 Jun 2026, 1:09PM IST
Market valuation of State Bank of India surged Rs 36,137.87 crore to Rs 9,38,661.50 crore.
Continue reading at NDTV
2h
Inflation data, US Fed rate decision likely to drive markets this week
INDIA MARKET | Sun, 14 Jun 2026, 12:51PM IST
Besides, the status of the US-Iran deal signing on Sunday, trading activity of foreign investors and movement in global markets would also drive sentiments in domestic equities
Continue reading at Business Standard
2h
10 Nifty500 stocks with up to 60% upside potential; do you own any?
INDIA MARKET | Sun, 14 Jun 2026, 12:51PM IST
Several Nifty500 stocks may deliver strong returns over the next year, with analyst estimates indicating upside potential of up to 60%. Based on Trendlyne data, these companies show consistent revenue growth, strong analyst coverage and favourable ratings, making them key candidates for investors tracking high-growth opportunities in Indian equities.
Continue reading at Economic Times
2h
IIT Madras develops indigenous pilot plant to process 100 tonnes of eWaste per year
INDIA BUSINESS | Sun, 14 Jun 2026, 12:46PM IST
IIT Madras researchers have created a pilot plant in Tiruchirapalli. This facility can process 100 tonnes of electronic waste annually. It focuses on bare printed circuit boards, recovering valuable metals like copper, lead, and tin. The innovative process uses a single acid, ensuring zero discharge. This technology aligns with 'Make in India' and circular economy goals.
Continue reading at Economic Times
2h
IIT Madras builds e-waste pilot plant
INDIA NEWS | Sun, 14 Jun 2026, 12:46PM IST
Chennai: Researchers at the IIT Madras here have developed an indigenous pilot plant capable of processing 100 tonnes of electronic waste per year.The pilot plant facility is designed to treat 100 tonnes per annum of PCB and is located at Bharat Heavy Electricals Limited (BHEL) in Tiruchirapalli, an IIT Madras release here on Sunday said.It processes bare-printed circuit boards (PCBs), one of the most hazardous and metal-rich components of electronic waste. PCBs contain significant quantities of copper, lead and tin, metals that otherwise leach into soil and groundwater if e-waste is not handled properly, posing long-term environmental and public health risks.Also Read: Tata's Apple iPhone factory in Tamil Nadu faces shutdown threat over farmland water contamination; pollution body seeks explanationFrom lab-scale chemistry to a functional unit, this innovation demonstrates a zero-discharge, single-acid process to recover metals from electronic waste, offering a scalable blueprint.At a time when India is generating nearly five million metric tonnes of electronic waste annually, IIT Madras researchers have built and demonstrated a scalable, zero-discharge pilot plant that can recover valuable metals from discarded electronics-without polluting soil, water, or air.The technology behind this pilot project was the outcome of an exploratory research project funded internally by IIT Madras.Also Read: Asus to scale up production in India to 20-30 pc, start making gaming laptopsin IndiaElaborating, Professor S Pushpavanam, YBG Varma Chair Professor, Department of Chemical Engineering, IIT Madras, said, "With India's e-waste challenge accelerating, this pilot plant offers a ready-to-scale model for clean metal recovery. The work aligns with Make in India, the circular economy, and critical minerals security. It also provides a rare example of academic research translating into technology development."He said the unique aspects of this pilot plant, in comparison to existing technologies, include use of a single acid, enabling a zero discharge process, made completely by Indian firms based on research in IIT Madras and automated operations with high levels of safety integrated in the design.
Continue reading at Economic Times
2h
Silver prices crash nearly 50% in 5 months. Is it still worth investing?
INDIA COMMODITIES | Sun, 14 Jun 2026, 12:45PM IST
A similar trend has been reflected in Indias MCX futures market, where silver prices tumbled from a record 4.28 lakh per kg to around 2.39 lakh. This steep fall has unsettled investors, raising concerns about whether the rally was driven by speculative excesses and whether further downside risks remain.
Continue reading at Economic Times
2h
Weekly economy wrap: Inflation, current account surplus set policy tone
INDIA NEWS | Sun, 14 Jun 2026, 12:36PM IST
India's macro picture stayed broadly resilient this week, but higher fuel and food prices, global uncertainty, and policy adjustments kept pressure on households and companies
Continue reading at Business Standard
2h
Who Was Gurbhej Singh? Indian-Origin Man Killed In London Knife Attack
INDIA MARKET | Sun, 14 Jun 2026, 12:30PM IST
As the inquiry progresses, police have asked witnesses and individuals with CCTV evidence to come forward.
Continue reading at NDTV
2h
AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correction
INDIA MARKET | Sun, 14 Jun 2026, 12:29PM IST
Jefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, crowded positioning and upcoming mega IPOs. While AI spending remains strong, concerns over valuations, liquidity shifts and uncertain returns suggest increased volatility in global technology stocks.
Continue reading at Economic Times
2h
FSSAI issues notices to 8 food companies for misleading 'healthy' claims on packaging, labels
INDIA BUSINESS | Sun, 14 Jun 2026, 12:23PM IST
FSSAI has issued notices to eight food companies, including Emami Healthy & Tasty, Neuherbs, Troovy and Plan B, for allegedly using misleading brand names, trade names and product claims that may violate food safety regulations.
Continue reading at Economic Times
2h
Historic Feat: In A First, Nine Women Cadets Get Commissioned As Army officers From IMA
INDIA MARKET | Sun, 14 Jun 2026, 12:08PM IST
Murmu praised the OCs for finishing their training, paying particular attention to the foreign OCs.
Continue reading at NDTV
3h
FPI exodus continues, 62,800 crore pulled out from equities in first fortnight of June
INDIA BUSINESS | Sun, 14 Jun 2026, 12:07PM IST
According to NSDL data, FPIs have remained net sellers in every month of 2026 except February
Continue reading at The Hindu
3h
12 penny stocks plunge up to 70% in 3 months - Are you affected?
INDIA MARKET | Sun, 14 Jun 2026, 12:07PM IST
Twelve penny stocks have plunged between 25% and 70% over the past three months, highlighting the risks in low-priced equities. Screened based on market cap, price and liquidity, these stocks faced heavy selling pressure, reinforcing concerns around volatility, weak transparency and susceptibility to sharp corrections in the segment.
Continue reading at Economic Times
3h
India known as nation with world's largest healthcare programme: PM Modi
INDIA BUSINESS | Sun, 14 Jun 2026, 12:04PM IST
Prime Minister Narendra Modi said India has made healthcare more affordable and accessible over the past 12 years through initiatives such as Ayushman Bharat and the PM Bharatiya Jan Aushadhi Pariyojana. He highlighted lower-cost medicines and medical devices, expanded medical education, and progress in tackling diseases like tuberculosis.
Continue reading at Economic Times
3h
INDIA MARKET | Sun, 14 Jun 2026, 11:53AM IST
In an interaction with Kshitij Anand of ETMarkets, Dhawal Dalal, President & CIO Fixed Income at Edelweiss Mutual Fund, said the combination of regulatory easing and potential inclusion in widely tracked global bond indices could bring up to $2025 billion in incremental debt inflows over the next 1224 months.
Continue reading at Economic Times
3h
Why Hospitals, IT Parks And Industrial Facilities Are Worried About New Diesel Curbs?
INDIA MARKET | Sun, 14 Jun 2026, 11:51AM IST
Among the industries, hospitals remain the most vulnerable. Large healthcare facilities usually maintain several diesel generator sets capable of powering entire campuses during grid disruptions and often run them proactively during surgeries, intensive-care operations and other critical procedures where voltage fluctuations can pose risks to patients.
Continue reading at NDTV
3h
Mcap of eight of top-10 most valued firms surges by Rs 1.90 lakh cr; ICICI Bank shines
INDIA MARKET | Sun, 14 Jun 2026, 11:49AM IST
Indian equity markets ended a volatile week on a strong note. Eight of the top-10 most valued firms saw their market valuation surge by Rs 1.90 lakh crore. ICICI Bank led the gains, adding Rs 56,223 crore. This rally was supported by improving global sentiment and RBI measures. Investor confidence grew on optimism surrounding a potential US-Iran peace deal.
Continue reading at Economic Times
3h
Mcap of 8 most valued firms surges by 1.90 trn, ICICI Bank shines
INDIA MARKET | Sun, 14 Jun 2026, 11:42AM IST
Last week, the BSE benchmark Sensex jumped 1,284.61 points, or 1.73 per cent, and the NSE Nifty surged 256.2 points, or 1 per cent
Continue reading at Business Standard
3h
SpaceX IPO And The Sci-Fi Vision Of Elon Musk's Multiplanetary Future
INDIA MARKET | Sun, 14 Jun 2026, 11:41AM IST
Most companies measure success in profits and market share. SpaceX's prospectus introduces a much larger benchmark.
Continue reading at NDTV
3h
Bio-energy emerging as key pillar of green growth strategy: TPCI
INDIA BUSINESS | Sun, 14 Jun 2026, 11:40AM IST
India's really getting into bio-energy as a key player in its green growth and energy shift. The Trade Promotion Council of India (TPCI) is gathering top minds to give the sector a real push. Bio-energy is a big deal for cutting down on fossil fuels, tackling waste issues, and creating jobs, especially in rural areas.
Continue reading at Economic Times
3h
Bio-energy to drive green growth: TPCI
INDIA NEWS | Sun, 14 Jun 2026, 11:40AM IST
New Delhi: Bio-energy is emerging as a key pillar of India's green growth strategy and is set to play a crucial role in the country's energy transition, Trade Promotion Council of India (TPCI) said on Sunday.The council, on June 12, gathered policymakers, diplomats, industry leaders, energy experts, innovators, and stakeholders from across the bio-energy ecosystem to deliberate on strategies for accelerating India's transition towards sustainable and energy-secure growth.It said that the council has constituted a Bio-Energy Committee to bring together stakeholders across the sector, facilitate dialogue on policy and regulatory reforms, and recommend frameworks to accelerate adoption and unlock investment potential.Also Read: India's tougher grid rules unsettle investors, test clean energy ambitions"Our goal is to strengthen India's bio-energy ecosystem and align industry priorities with our national climate commitments, including the pledge to achieve net-zero emissions. Now is the time. Collaboration will be the key. Government, industry, and academia must work together to ensure innovation, affordability, and scalability," TPCI Chairman Mohit Singla said.He said that huge opportunities are there in the bio-energy sector, and it will help reduce dependence on fossil fuels while addressing waste management challenges.From bio-CNG and ethanol blending to biomass power generation, this sector can significantly strengthen India's clean energy mix, create rural employment and empower farmers, Singla said.Also Read: Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCR"Bio-energy is not merely an alternative fuel source; it is a strategic pillar of India's green growth story, poised to become a cornerstone of our energy transition. Energy security, sustainability, climate resilience, and economic growth are no longer separate conversations. They are deeply interconnected," he added.Bio-energy is renewable energy derived from biological sources such as agricultural residues, crop waste, animal manure, forestry by-products, municipal organic waste and dedicated energy crops.It can be converted into various forms of energy, including biofuels like ethanol and compressed biogas (CBG), electricity, heat and sustainable aviation fuel.
Continue reading at Economic Times
3h
MakaDi and Borecha maker LB Brewers eyes 500 cr sales, IPO plans on cards
INDIA BUSINESS | Sun, 14 Jun 2026, 11:36AM IST
Goa-based Latambarcem Brewers (LB Brewers), which owns craft beer MakaDi and functional beverage drink 'Borecha', plans to cross the Rs 500 crore revenue mark in the next 4-5 years and also has listing plans in the mid-term to fund its expansion plans, said a company official.
The company, which started its journey from a home-brewing experiment at a US apartment, has evolved into a fast-growing beverage business in India, and has plans to cross Rs 60 crore this fiscal from nearly Rs 24 crore in the previous year, driven by rapid expansion across Indian states and overseas markets, said its Chief Growth Officer Sarika Varshnei.
LB Brewers has a pan-India presence of Borecha, while its beer brand 'MakaDi', which has presence in 10 states, is expected to become profitable this fiscal.
"In the next five years, we expect to cross the Rs 500-crore revenue mark, and potentially exceed it. I am probably being conservative in that estimate. I am not a finance person; my focus has always bee
Continue reading at Business Standard
3h
Disclosure Day Review: Great Craft, Familiar Melody
INDIA MARKET | Sun, 14 Jun 2026, 11:35AM IST
Steven Spielberg's new sci-fi movie Disclosure Day stars Emily Blunt in a well crafted but deeply familiar alien conspiracy thriller.
Continue reading at NDTV
3h
Free trade pacts to boost furniture exports, domestic manufacturing: Industry
INDIA BUSINESS | Sun, 14 Jun 2026, 11:29AM IST
India's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic manufacturers are ready to meet global demand and replace imports. Companies are already seeing increased enquiries and expanding their product lines. This presents immense export opportunities for the Indian furniture industry.
Continue reading at Economic Times
3h
INDIA MARKET | Sun, 14 Jun 2026, 11:29AM IST
The demonstrators warned that the reported provisions involved greater compromises than officials had acknowledged.
Continue reading at NDTV
3h
more