India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report
India’s manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger innovation ecosystems. This transition to innovation-driven manufacturing is crucial for long-term global competitiveness.
Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%
Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year. This is attributable to the owners of the company.
Lenskart Q4 Results: Profit falls 9% YoY to Rs 200 crore, but revenue jumps 46%
Lenskart Q4 Results: Revenue from operations increased 46% YoY to Rs 2,516 crore.
Stock market rebounds: Sensex recovers 790 points from day’s low, Nifty closes above 23,650
Indian stock markets staged a strong recovery, erasing morning losses. The Sensex and Nifty closed higher as oil prices dropped below $110 per barrel. Bond yields also eased from record highs. Investor sentiment improved broadly across market segments. The Indian Rupee, however, hit a fresh record low against the US dollar. Foreign investors resumed selling […]
Vi shares double investments in 1 year. What lies ahead?
Vodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. While some see potential catalysts like government support and promoter infusion, many highlight significant challenges. Key concerns include securing crucial bank funding for capex and regaining market share. Investors await further developments on debt […]
Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’
India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic Advisor V. Anantha Nageswaran describes this as a “live balance of payments stress test,” highlighting pressure on imports, currency stability, and foreign exchange flows. The situation is exacerbated by heavy oil import dependence and regional […]
Execution and balance sheet strength will decide EMS sector winners: Praveen Sahay
Investors are now prioritizing financial discipline in the electronics manufacturing services sector. Companies are expanding and investing heavily, leading to increased focus on cash flows and working capital. Companies like Amber Enterprises India and Dixon Technologies India are navigating these changes. Kaynes Technology India faces execution challenges. The sector is entering a phase of selective […]
IPO investors brace for 73 lock-in expiries worth $34 billion
India’s stock market is set for a wave of IPO lock-in expiries over the next three months, with shares worth $34 billion from 73 recently listed companies becoming eligible for trading, according to Nuvama Alternative & Quantitative Research. The expiry only makes these shares tradable and does not necessarily mean shareholders will sell them.
Urban Company among 8 smallcaps with promoter stake cuts in March qtr
JM Financial in its latest ‘strategy’ report listed out companies which saw a fall in promoter shareholding in the January-March quarter of the financial year 2026. Hindustan Zinc and IRFC were the two large-cap companies, while BHEL, Lloyds Metals, Coromandel International and Vishal Mega Mart were the four midcap companies which were part of the […]
FIIs cut allocation in the top 10 bluechip stocks. Time to worry?
Foreign institutional investors have significantly reduced their allocation to India’s top blue-chip stocks, nearly halving their exposure in the last four years. This shift is part of a global capital reallocation, with India losing ground to markets like Taiwan and South Korea, driven by AI-led investment narratives.