20 result(s) for “Investment”
Hyundai Motor Group announced a seven year, $15.5 billion investment plan on October 13, 2026, committing capital to manufacturing, research and development, supplier localization and future mobility businesses as it seeks to make India a core export and innovation hub.
Bengaluru-based Tonbo Imaging sold secondary shares worth about ₹413 crore to domestic institutional investors ahead of a planned October IPO, signalling strong local appetite for homegrown defence suppliers and testing pricing expectations for a full offer for sale.
Provisional government data show headline consumer price inflation rose to 5.54 percent in September 2026, driven by a sharp jump in food costs led by onions and other vegetables. The rise complicates the Reserve Bank of India’s path on rates and will squeeze household budgets ahead of winter.
L&T Finance has launched the second edition of Pitch Point, an AI startup competition that will select five finalists to pitch at RAISE 26 in Mumbai, offering prize money, proof of concept opportunities with L&T Group companies, and access to its innovation fund.
DailyObjects closed a mixed primary and secondary Series C on October 10, 2026, at about a Rs 1,050 crore valuation. The raise, led by Xponentia, Anicut and Axiom Asia, funds an aggressive offline expansion and deeper product R and D as India’s lifestyle accessories market matures.
Persistent Systems announced on October 9, 2026 that its subsidiary secured an overwhelming stake in Nagarro after the offer period ended, taking control of roughly 94 percent of the European digital engineering firm. The deal marks one of the largest overseas acquisitions by an Indian IT company and reshapes market footprints in Europe and North America.
The Indian rupee gained modestly on October 9, 2026 after early intervention by the Reserve Bank of India and a drop in oil prices. Traders said the central bank sold dollars to cap depreciation, a move that should limit imported inflation risks but leaves longer term pressure from global risks and capital outflows unresolved.
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50 percent on October 8, 2026 and changed its policy stance to calibrated tightening. Markets reacted with higher bond yields, a weaker rupee and immediate pass through to retail and corporate lending rates.
On October 7, 2026 the Reserve Bank of India raised its policy repo rate by 25 basis points to 5.50 percent, its first increase since 2023, and shifted policy stance toward calibrated tightening amid rising inflationary pressures and strong growth.
Jupiter Wagons said its JEM Energy unit has won a 41 MW, 102.5 MWh battery energy storage system contract from Uttarakhand Power Corporation and received a Letter of Award for a 50 MW, 200 MWh project in West Bengal, underlining the companys fast pivot into grid-scale storage and a target of a Rs 1,000 crore BESS order book by FY27.
Reliance Industries is advancing plans to take its digital arm public this month. Company roadshows abroad are complete and bankers expect final papers to be filed with the regulator in mid October, setting up what could be India’s biggest-ever listing.
Apple Pay has launched in India via Axis Bank credit cards, prompting new merchant tie ups and fresh debate over how the service will interact with the country’s dominant UPI system. The development could shift consumer card usage and merchant acceptance but will not replace the ubiquity of UPI in the near term.
The Reserve Bank of India intensified market operations on September 28 as the rupee edged higher amid oil price relief and the central bank moved to manage liquidity and bond yields ahead of a key policy week.
A heavy calendar of initial public offerings opened in India on September 28, 2026, with roughly 20 mainboard and SME issues accepting bids. Market participants say the cluster of supply will test investor appetite and influence near-term listing performance for smaller issuers.
Indian equities slipped for a seventh consecutive week on September 27, 2026, as rising global bond yields, a sharp rebound in crude oil and renewed Middle East tensions amplified foreign portfolio selling and weighed on the rupee. Domestic investors are propping up markets but policy and external risks keep volatility elevated.