2025 will see a significant push towards electric vehicles (EVs) in India, with major carmakers such as Maruti Suzuki, Hyundai, Mahindra, Tata Motors, and others planning launches. Despite concerns over infrastructure, EVs will span various price points, with SUVs being the primary focus.
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PC Jeweller Ltd has significantly reduced its bank loans to approximately Rs 1,800 crore in the current fiscal year, aiming to become debt-free by March next year. The company saw a strong sales rebound and is planning to raise over Rs 1,500 crore through a preferential issue of warrants in the next fiscal year.
Indian companies shattered fundraising records in 2024, raising over ₹1.2 lakh crore through Qualified Institutional Placements (QIPs) by November. This surge, driven by a robust stock market and high valuations, doubled the previous year's figures. Giants like Vedanta and Zomato led the charge, each raising ₹8,500 crore.
Canon sees a promising opportunity in India's burgeoning semiconductor market. The company is negotiating with chip manufacturers setting up facilities in India to supply its lithography equipment. Canon is optimistic about achieving double-digit growth in the coming years, driven by India's strong economic outlook and expanding industries.
Pi Network launched its Open Mainnet on February 20, 2025, leading to considerable price fluctuations for Pi Coin. Analysts see significant growth potential if adoption increases, with predictions stating it could reach $100 or even $500 by 2030, contingent upon widespread adoption and practical utility.
Private equity firm Everstone has acquired a majority stake in Wingify, an Indian SaaS company, for about $200 million. Wingify, founded by Paras Chopra and Sparsh Gupta, is known for its VWO product that enhances website performance. Sparsh will continue as CEO while Paras will remain on the board as a minority shareholder.
Vishal Mega Mart is launching an Rs 8,000 crore IPO via offer for sale from December 11-13. Priced at Rs 74-78 per share, the IPO values the company at Rs 35,168 crore. A strong grey market premium of Rs 24 suggests a positive listing.
Chinese stocks experienced their worst start to the year in nearly a decade due to weaker-than-expected manufacturing data and impending tariff hikes. The CSI 300 Index fell 2.9%, with the Hang Seng China Enterprises Index dropping 3.1%. Concerns over the economic recovery and lack of significant stimulus measures contributed to the market's fragile sentiment.
The Indian government has lifted the export ban on broken rice, imposed in September 2022, to boost shipments and due to rising inventories. This follows the removal of the minimum export price and previous bans on non-basmati white rice amid sufficient domestic stocks and stable retail prices.
India's electronics industry aims to achieve USD 500 billion in manufacturing output by 2030, requiring substantial growth and overcoming a USD 400 billion production gap. This expansion is projected to create 12 million jobs by 2027 but faces a significant talent gap. Targeted skilling programs and industry-academia collaborations are essential to meet these goals.
The Nasdaq tumbled 2.7 percent early Monday due to the emergence of DeepSeek, a low-cost Chinese generative AI venture, challenging US tech companies. Major AI players like Nvidia, Meta, and Microsoft saw significant stock drops as investors reevaluate the competitive landscape and investment outlook.