Britannia bets on Many Indias strategy amid inflation, shifting consumer demand
INDIA BUSINESS | Sat, 9 May 2026, 12:57AM IST
Britannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move aims to boost agility and product customisation for regional markets. The company is also investing in premium products and new food categories. These changes are expected to yield results in the coming quarters.
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Hyundai India plans 7,500-cr capex for FY27 as Q4 net falls
INDIA BUSINESS | Sat, 9 May 2026, 12:57AM IST
Hyundai India is investing 7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to expand its Pune facility, boosting annual capacity to 1.14 million units by 2030. Despite a profit dip in Q4 FY26, domestic sales and exports showed strong growth, with record rural penetration and CNG contributions.
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Beyond the Boundary: AI, influencers rewrite the cricket playbook
INDIA BUSINESS | Sat, 9 May 2026, 12:53AM IST
Cricket in India is becoming more than just a sport. Broadcasters and streaming services are creating new shows and content around cricketers. This aims to keep fans engaged throughout the year. Platforms are partnering with teams and players for original programming. This shift creates new opportunities for brands to connect with audiences.
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US stocks today: Anthropic signs $1.8 billion AI cloud deal with Akamai
INDIA MARKET | Sat, 9 May 2026, 12:33AM IST
Artificial intelligence startup Anthropic has secured a significant computing deal worth $1.8 billion with Akamai Technologies. This agreement addresses the growing demand for Anthropic's AI software. Akamai's stock saw a substantial rise following the announcement of a long-term cloud deal with a major AI partner. The company is well-positioned to access necessary components for AI development.
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Oil PSUs suffer 30,000 cr under-recoveries a month
INDIA BUSINESS | Sat, 9 May 2026, 12:24AM IST
Indian oil companies face significant monthly losses on petrol, diesel, and LPG. This is due to selling fuels below international rates, which have risen sharply. While some fuel prices have increased, regular petrol and diesel prices remain unchanged. This situation is impacting the earnings of Indian Oil, HPCL, and BPCL, with their shares seeing a decline.
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India between empires: A reality check
INDIA NEWS | Sat, 9 May 2026, 12:21AM IST
Just ten years ago, social media in India was flooded with insults like Macaulay-putra and Presstitutes. There was open contempt for intellectuals. There was a movement to say how Max Mueller and Macaulay had destroyed India, but a new Bharat was emerging - one that would decolonise itself, become the world's Vishwaguru, control global discourse, stop wars and teach humanity the secrets of dharma. NRIs cheered loudly, celebrating what they called India's true freedom and triumphant return to greatness.Yet today, the picture looks very different. India seems to be bowing before both China and the United States, countries that eat beef and pork, food held in contempt by Satvik folks, the purest of the pure in India. China claims Indian land, and our own laser-eyed foreign minister admits we cannot push back because our economy depends on Chinese imports. In the conflicts unfolding in West Asia and around the Strait of Hormuz, we are being told whom to buy petrol from and whom not to. Not one Indian leader challenges a tweet that refers to India as 'hellhole'. Is this discretion or submission? Have we been reduced to Trump-dasis, minions of Trump?On public forums, journalists argue that India need not play a mediating role; it is perfectly fine, they say, if Pakistan does it instead. Rather than competing with great nations like America and China, India finds satisfaction in measuring itself against a failed state like Pakistan. While China pulls people out of poverty, our government pulls people out of voter lists.At this moment, it is worth reminding ourselves of a deeper historical truth: India has always been sandwiched between East Asia and West Asia. From the West, came horses. From the East came gold. India itself was the land of cotton - it had neither metal nor horses.Many Indians proudly claim that we never invaded foreign lands. This is not entirely true. The Chola kings, backed by South India's powerful merchant lobby, sailed across the seas a thousand years ago and tried to control the Malacca Straits. They also invaded Sri Lanka for its copper mines - and it was during this period, around 10th century AD, that Sri Lanka came to be associated with Ravana's Lanka. Whether we call these expeditions "invasions" is a matter of perspective, but they certainly were not the conquests of peace-loving sages. Significantly, during this time period, what Hindus referred to as 'Ram-Setu' came to be known in the Arab world as 'Adam's Bridge'.Indian ideas did travel - but mostly eastward. The Ramayana spread to Cambodia and Java, where Hindu temples still stand. Westward, however, religious ideas could not penetrate easily, because the West was already shaped by strong monotheistic traditions. What did travel West was India's secular literature: Panchatantra and the Shukasaptati journeyed across, eventually giving rise to works like Tutinama and Arabian Nights. Arabs saw India as the land of idolatry. They still refer to idols as 'buth', a word derived from Buddha.The exchange ran both ways. Chinese ideas of immortality, of yin and yang, deeply influenced Indian tantric thought - including alchemical ideas and concepts like ida and pingala. From China came paper, pen and gunpowder. India was never an isolated civilisation discovering everything on its own; it was a great crossroads, constantly absorbing and adapting.Mosques appeared on Indian coasts from 700 AD and influenced ideas of devotion and ideas such as all-powerful and all-merciful god who is formless. Under Islamic influence, many Hindus chose the formless or nirguna form of the divine over the saguna form, enshrined in temples. The Nath-Yogis said, 'Alakh Niranjan' arguing that their god had no form and was invisible and had no blemish. They rejected temples. Was this under Islamic influence? North India chose to see divinity through song and theatre, but in South India kings established grand temples with gopurams, defiantly showing idols of gods and goddesses.This historical reality matters today because the Vishwaguru fantasy ignores it. India's strength has never come from imagined civilisational supremacy or from screaming insults at "Macaulay's children". It came from being open, curious and skilled at trade while remaining honest about our limits. A nation that cannot stand up to China, that flatters Trump despite his contempt, and that competes only with Pakistan is not a Vishwaguru. It is a country in denial.Decolonisation is not achieved by referring to intellectuals as Urban-Naxals or rewriting textbooks. It is achieved by building genuine economic, intellectual and military strength - and by accepting the truth that India has always been part of a connected, interdependent world. Pretending otherwise is not pride. It is not decolonisation. It is self-deception.
Continue reading at Economic Times
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India orders antitrust probe into liquor giant Pernod's dealing with retailers
INDIA BUSINESS | Sat, 9 May 2026, 12:20AM IST
India's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailers in New Delhi aimed to boost its brands. The Competition Commission of India found merit in claims of financial support to retailers in exchange for stocking Pernod products. This action could distort demand and limit consumer choice.
Continue reading at Economic Times
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Manchester United's Bruno Fernandes Wins FWA Footballer Of The Year Award Check Past 10 Winners
INDIA MARKET | Sat, 9 May 2026, 12:11AM IST
Manchester United captain Bruno Fernandes is one assist away from equalling the Premier League's single-season assist record.
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INDIA MARKET | Sat, 9 May 2026, 12:02AM IST
Odyssey Therapeutics debuted on Nasdaq with an 11.1% surge, reaching a $899.9 million valuation. The autoimmune disease specialist successfully raised $279 million in its IPO, exceeding its target. This strong performance signals a revitalized biotech IPO market, with investors showing renewed confidence. Founder Dr. Gary D. Glick's prior success further bolsters investor appeal.
Continue reading at Economic Times
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US market today: Strong US jobs data complicates any Kevin Warsh push for lower rates
INDIA MARKET | Fri, 8 May 2026, 11:58PM IST
Strong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of officials concerned about rising inflation. The robust job market, coupled with surging energy prices, suggests the Fed may need to maintain current rates for an extended period, impacting prospective Fed Chair Kevin Warsh's policy goals.
Continue reading at Economic Times
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Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources say
INDIA MARKET | Fri, 8 May 2026, 11:55PM IST
Jane Street achieved a record $16.1 billion in trading revenue for the first quarter, driven by market volatility and gains in AI company stakes. The firm more than doubled profits to $10.3 billion, solidifying its lead in high-frequency trading. Medium-frequency strategies and investments in AI firms like Anthropic and CoreWeave significantly boosted performance.
Continue reading at Economic Times
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Drug regulator cracks down on delayed safety reporting by pharma companies
INDIA BUSINESS | Fri, 8 May 2026, 11:47PM IST
India's drug regulator CDSCO has issued new rules for drug safety reporting. Companies must now submit safety reports from the actual launch date of new drugs, not from when they were approved. This change aims to capture real-world safety data more effectively. Additionally, all forms and uses of a new drug will be covered under one safety report.
Continue reading at Economic Times
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Fuel price hike on the cards as India struggles to absorb soaring crude costs
INDIA BUSINESS | Fri, 8 May 2026, 11:44PM IST
India is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily losses to shield consumers. However, the ongoing West Asia crisis and disruptions to energy supply routes are making this unsustainable. Tough decisions loom regarding fuel price adjustments to manage the financial burden and ensure energy security for the nation.
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EQT emerges sole bidder for OmniActive Health Technologies
INDIA BUSINESS | Fri, 8 May 2026, 11:39PM IST
Swedish investment powerhouse EQT is now leading the charge as the exclusive bidder for OmniActive Health Technologies, following the rejection of a competing offer from Temasek and Novo Holdings. Known for its robust presence in the nutraceutical industry, OmniActive is under the umbrella of TA Associates and has a strong export footprint in the United States.
Continue reading at Economic Times
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INDIA MARKET | Fri, 8 May 2026, 11:38PM IST
8th Pay Commission is expected to come into effect retrospectively from January 2026.
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Oil Spill Likely Near Iran's Export Hub Kharg, Satellite Images Suggests
INDIA MARKET | Fri, 8 May 2026, 11:36PM IST
Satellite imagery indicates a suspected oil spill near Iran's vital Kharg Island export terminal in the Persian Gulf.
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INDIA MARKET | Fri, 8 May 2026, 11:36PM IST
Finn Allen smashed an unbeaten 47-ball century as KKR cruised past Delhi Capitals to keep their IPL 2026 playoff hopes alive.
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Railway Ministry Gives In-Principle Nod To New Station Between Thane And Mulund
INDIA MARKET | Fri, 8 May 2026, 11:26PM IST
Representative local train image.
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Remittance Crisis? Thousands Of Pakistanis Sent Home From UAE Amid Legal Crackdown
INDIA MARKET | Fri, 8 May 2026, 11:22PM IST
File image of UAE President Sheikh Mohamed bin Zayed Al Nahyan with Pakistan Prime Minister Shehbaz Sharif
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SEBI Mulls Overhaul Of Buyback Framework; Seeks Comments
INDIA MARKET | Fri, 8 May 2026, 11:21PM IST
In a consultation paper, the regulator proposed that open market buybacks through stock exchanges should be completed within 66 working days from the date of opening of the offer.
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Poor returns drive Indian investors to foreign markets as rupee weakens
INDIA MARKET | Fri, 8 May 2026, 11:16PM IST
Indian investors are increasingly turning to overseas markets for diversification, stronger returns and exposure to global technology themes
Continue reading at Business Standard
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Investor Alert: UAE Authorities Warn Against Dealing With Unlicensed Entities; Check Details
INDIA MARKET | Fri, 8 May 2026, 11:15PM IST
The UAE CMA has advised investors to avoid unregistered firms offering financial and investment-related services.
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Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPO
INDIA MARKET | Fri, 8 May 2026, 11:13PM IST
As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's approval to raise funds through initial public offerings (IPOs).
Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers, an update with the markets regulator showed on Friday.
These companies, which filed their preliminary IPO papers between October and February, obtained Sebi's observations during May 4-8.
InSebi's parlance, obtaining observations is equivalent to securing approval to float a public offering.
Zepto and Dhoot Transmission filed preliminary papers with Sebi in December and February, respectively, using a confidential route.
According to people familiar with the development, Zepto is aiming to raise Rs 11,000 crore through its maiden public offering.
If the listing goes through, Zepto will join its rivals Zomato and Swiggy, both of which are already listed on
Continue reading at Business Standard
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450% Higher: How Bengal CM-Designate Suvendu Adhikari's Net Worth Compares With Mamata Banerjee
INDIA MARKET | Fri, 8 May 2026, 11:07PM IST
File image of BJP leader Suvendu Adhikari
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INDIA MARKET | Fri, 8 May 2026, 11:05PM IST
Novak Djokovic, Aryna Sabalenka and Jannik Sinner have voiced their frustration with the share of the prize money tennis players receive from Grand Slams.
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Borivali At South Mumbai Prices? Why Luxury Is Moving North In 'The Habitat' | Watch
INDIA MARKET | Fri, 8 May 2026, 11:03PM IST
This South Borivali high-rise has flats matching the rates of SoBo.
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US Releases 'Never-Seen-Before' UFO Files After Decades Of Wait | Check Pics
INDIA MARKET | Fri, 8 May 2026, 10:44PM IST
The US Department of War announced the initial release of new UAPs and UFOs in "historic" transparency effort.
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PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LIC
INDIA BUSINESS | Fri, 8 May 2026, 10:38PM IST
The Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers life cover of Rs 2 lakh for an annual premium of Rs 436. The scheme has enrolled over 27 crore individuals and disbursed Rs 17,600 crore in claims.
Continue reading at Economic Times
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Left support takes Vijay's TVK closer to majority in Tamil Nadu
INDIA MARKET | Fri, 8 May 2026, 10:29PM IST
Actor-turned-politician Vijay is set to become Tamil Nadu chief minister after TVK claimed support of 120 MLAs amid intense political negotiations
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Hormuz Loopholes: US Blockade Breached, Three Iranian Tankers Return To Shore Via Pakistan's EEZ
INDIA MARKET | Fri, 8 May 2026, 10:26PM IST
Iranian-linked oil tankers carrying nearly 5 million barrels reportedly bypassed the US blockade via Pakistan's EEZ.
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I-T Dept Eyes Wider Crypto Reporting Net In FY27 | Profit Exclusive
INDIA MARKET | Fri, 8 May 2026, 10:25PM IST
CBDT is working on a broader tax reporting framework aimed at bringing more crypto-linked transactions under closer scrutiny, sources said.
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Sell Or Pledge? How Vi Can Unlock Rs 23,000 Crore From Part Of Vodafone Plc's Stake
INDIA MARKET | Fri, 8 May 2026, 10:22PM IST
At current market valuations, Vodafone Plc's 19% stake in Vodafone Idea is estimated to be worth around Rs 23,160 crore.
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Biocon shifts focus to margins, capacity utilisation after expansion phase
INDIA BUSINESS | Fri, 8 May 2026, 10:19PM IST
Biocon is shifting its strategy to focus on capacity utilization, margin expansion, and improved returns after significant investments in global capabilities. The company reported a 13% revenue increase for FY26, though net profit saw a substantial decline. Biocon is also prioritizing sustainable, profitable growth and exploring in-licensing opportunities for its biosimilars portfolio.
Continue reading at Economic Times
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INDIA BUSINESS | Fri, 8 May 2026, 10:18PM IST
CBI report estimates loss to public sector banks and LIC at over 27,000 crore in seven cases involving Anil Ambanis ADAG and its firms. Top court says arrest must be last resort, and not first option.
Continue reading at The Hindu
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Q4 Results Highlights: MCX Profit Surges 32%; Shipping Corp Profit More Than Doubles
INDIA MARKET | Fri, 8 May 2026, 10:16PM IST
State Bank of India, Titan Company, Hyundai Motor India, Bank of Baroda among companies to report earnings today.
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