Pepsico's CEO and board of directors met with Indian PM Narendra Modi, emphasizing the country's strategic importance despite trade tensions with the US. This is the first time the entire board has traveled to India, highlighting its significance as a key market for the company's future growth. Pepsico's international beverage business reported a 1% volume gain in the June quarter
SEBI is taking steps to boost institutional involvement in commodity markets by permitting FPIs, banks, insurance companies, and pension funds to trade in non-agricultural contracts. The announcement led to a rise in MCX's share price. A committee has been formed by SEBI to enhance agricultural commodities and develop the non-agricultural sector.
Tesla has reached confidential settlements in two lawsuits over fatal crashes involving its Autopilot software in California. The company rejected a $60 million settlement proposal for a Florida case and has hired new lawyers to request a new trial or dismiss the verdict. These settlements are important for Tesla's self-driving technology and its valuation.
Ather Energy's shares have seen a steady increase, with a 3% rise today and 37% in the last month. The company has set ambitious goals of achieving EBITDA break-even and a 35% gross margin. Emkay Global is positive about the festive season and the company's new EL platform and shift to LFP batteries. Ather Energy is also focusing on expanding distribution and vertical integration for growth.
Nissan Motor is studying Chinese suppliers' practices to cut variable costs by 250 billion yen. They plan to reduce costs by 500 billion yen by 2027 and strengthen collaboration with suppliers. The company has reduced production of the new Leaf electric vehicle due to battery procurement delays. Nissan is betting on the new Leaf model to revive its fortunes.
India's export growth in August was driven by a rise in merchandise exports and a decrease in imports, resulting in a lower trade deficit. However, the US's 50% tariff on Indian goods has affected exports, while other markets provided some relief. Textile and gems & jewellery exports were hit. The services trade surplus and manageable current account deficit offer some support.
Unni Mukundan to portray PM Modi in biopic 'Maa Vande: The Anthem of a Mother', showcasing his rise to power and his bond with his mother. Mukundan reveals the impact of two words spoken by Modi and expresses his excitement for the release of the film in multiple languages.
SBI's share price rose by 3% as it completed the sale of 13.19% stake in Yes Bank to SMBC for Rs 8,888.97 crore. The transaction received regulatory approvals and contributed Rs 512.12 crore to SBI's profits in the last financial year. SMFG emerged as the largest foreign shareholder with a 20% stake, while SBI still holds a 24% stake. Other prominent entities also hold a stake in Yes Bank.
The new GST reforms by Finance Minister Nirmala Sitharaman will inject Rs 2 lakh crore into the economy, benefiting the middle class, farmers, and MSMEs. The changes include a reduction in tax rates for goods, with 99% of items under the 12% slab moving to 5% and 90% of items under the 28% slab slipping into 18%.
DoT rejects TRAI's proposals on satellite spectrum and pricing, citing concerns about differentiation and misuse. DoT pushing for higher prices, including an additional Rs 500 per year from urban subscribers. TRAI suggested 4% of gross revenue and Rs 3,500 annual charge per customer, with extra Rs 500 for urban users.
Defence sector stocks have seen a strong increase in 2025, with the Nifty Defence Index rising 27% this year and 46% in the last six months. The Defence Ministry's 15-year roadmap has sparked even more confidence in the sector. In Tuesday's trading, all 18 companies in the Nifty Defence Index saw gains, with the index rising by almost 2%.
The pro-Khalistan group Sikhs for Justice has threatened to "siege" the Indian Consulate in Vancouver and released a poster targeting India's new High Commissioner, raising concerns about the safety of Indian officials. Tensions between India and Canada are heightened as SFJ accuses Indian consulates of espionage and Canada acknowledges the presence of extremists.
SEBI has leased a luxury apartment for its chairman, Tuhin Kanta Pandey, at a monthly rent of Rs 7 lakh. The 5-bedroom apartment in Prabhadevi has a carpet area of 3,000 sq ft and overlooks the Arabian Sea. This is in accordance with SEBI's Board-approved accommodation policy. The rent will see a 5% annual escalation and comes with four car parks and a security deposit of Rs 42 lakh.
The US FDA has approved the first-ever nasal spray diuretic for heart, liver, and kidney disease patients. The spray, called Enbumyst, was developed by Corstasis Therapeutics and is aimed at treating edema associated with congestive heart failure, kidney disease, and liver disease.
TAC Infosec, a NSE-listed cybersecurity company, announced a 1:1 bonus issue for shareholders, aiming to enhance liquidity and reward investors. The Board also approved an increase in the Company's authorized share capital and finalized the date for the Annual General Meeting. TAC Security specializes in vulnerability management and holds prestigious certifications.
The DPIIT has requested the Retailers Association of India to promote the recent GST rate cuts on products through their networks. They have also advised displaying the reduced rates on receipts and bills, and monitoring sales during the festive season. The new tax rates will be implemented on September 22 and are expected to increase sales.
The government has clarified that only reinsurance services will be exempt from GST, while input tax credit will not be available for health and life insurance. MRP revisions for existing medicine stock and reduced tax rates will impact FMCG, retail, and pharma industries. The uniform 5% levy on drones and reduced tax on sand lime bricks will have positive effects on agriculture and logistics.
Honda Cars India has launched a new exterior color, Crystal Black Pearl, for its popular compact sedan, the 3rd Generation Honda Amaze. The new shade adds a bold and modern touch to the car's design, appealing to the younger generation. The Amaze also offers advanced safety features and a reliable engine, making it a top choice for first-time car buyers and young professionals.
DreamFolks Services, a top airport lounge service provider, is struggling as banks and major airport operators in India are cutting them out and causing a decline in usage and strained relationships. DreamFolks is developing a new customer value proposition to combat these challenges.
Indian Prime Minister Narendra Modi's birthday is celebrated in India. His declared assets show that he has invested the most in Bank Fixed Deposits and National Savings Certificates, with a total wealth of ₹34.3 million. He also has cash in hand, gold rings, and a bank balance, but has not invested in mutual funds, bonds, debentures, or shares.
India's exports to the US have been severely impacted by high tariffs imposed by the Trump administration, resulting in a steep decline in August to USD 6.7 billion. Labour-intensive sectors like apparel, gems, and jewellery are the most affected. If the tariffs persist, India could suffer a loss of USD 30-35 billion in exports
Bengaluru's poor infrastructure, specifically in the ORR area, has led to BlackBuck, a logistics startup, relocating their office after 9 years. Employees' commute time has increased to 1.5 hours due to road conditions, highlighting the frustration among businesses in the IT corridor.
Amfi is expected to increase the threshold for large-cap stocks to Rs 1 lakh crore and for mid-cap stocks to Rs 33,400 crore in January, to be implemented from February 2026. Potential large-cap entrants include HDFC Asset Management Company, Bosch, Muthoot Finance, and Cummins India, while borderline candidates include Polycab India, Dixon Technologies, Swiggy, and Canara Bank.
The Suzuki Katana's discontinuation leaves the Honda Hornet 1000 SP as the sole option in the litre-class naked segment. However, the upcoming 2025 BMW S 1000 R provides customers with a choice between a Japanese street naked and a German performance machine. While the S 1000 R boasts a sharper design and advanced technology, the Hornet offers fully adjustable suspension and electronic features.
Ather Energy, a leading Indian electric scooter brand, is facing tough competition from established players in the rapidly growing EV market. The company's focus is now on scaling up, turning profitable, and proving its staying power amidst policy changes and increasing competition.
PM Modi's 75th birthday was celebrated with tributes and personal anecdotes from political leaders, industrialists, and celebrities. His compassion, visionary leadership, and personal care were highlighted. Industrialists praised his tireless work to transform India, while celebrities shared memorable encounters.
Indian PM Narendra Modi turns 75 today and is known for his disciplined lifestyle, innovative ideas, and quick decision-making. In a podcast, he shared how fasting brings harmony between his inner and outer selves, accelerates thinking, and sharpens senses. Inspired by Mahatma Gandhi, Modi's fasting habit is well-known among world leaders and he prepares for it with Ayurveda.
A cloudburst situation in Maharashtra's Jalgaon has affected 10 villages, with 452 houses inundated and 2500 hectares of land damaged. One death has been reported and relief efforts, including food distribution, are underway. Water Resources & Disaster Management Minister Girish Mahajan has assessed the damage and plans to compensate farmers for their losses.
NSDL will be turning ex-dividend this week, marking its first dividend since its IPO in August 2025. The board has recommended a final dividend of 100% or Rs 2 per share, subject to shareholder approval. The record date for the dividend is September 19, with an expected credit date of October 28. NSDL's IPO received 41 times subscription and the stock has gained 39.8%.
Ola Electric defies criticism and dominates the electric two-wheeler market with an 18% share. They reach a remarkable milestone of one million vehicles in just four years and introduce a special edition Roadster X+ with eco-friendly features. The company plans to release new models using the 4680 Bharat Cell during Navratri.
The Indian rupee rose by 28 paise against the US dollar due to a weakening dollar and anticipation of a Fed rate cut. Investors are monitoring the Fed Reserve's meeting and Chair's speech for guidance. The rupee may face resistance at 88.20, but positive developments in US-India trade talks are providing support. Sensex and Nifty also saw gains.
India, led by Prime Minister Narendra Modi, has made remarkable advancements in digitalisation, science and technology, space, and AI. The UPI platform has propelled India to the forefront of real-time payments, with monthly volumes exceeding 20 billion and values of rS 25 lakh crore. The digital infrastructure, particularly India Stack, has accelerated processes and promoted transparency.
Railways sector has seen a significant boost in recent days with several key companies winning large orders. Larsen & Turbo, RVNL, Temaco Rails, RailTel, Texmaco Rail, and BHEL have all secured major contracts for projects ranging from high-speed rail to electrification and smart classrooms. These orders will not only strengthen the Indian Railways network but also enhance safety and efficiency.
Dev Accelerator, Urban Company, and Shringar House of Mangalsutra made their D-Street debut at Listing Lane. The Dev Accelerator IPO was subscribed 64 times, with the retail category seeing the highest subscription at 164.89x. The IPO was a Rs 143.35 crore book-built issue and saw strong responses from investors.
Ex-MUDA commissioner Dinesh Kumar has been arrested by the ED for his involvement in the illegal allotment of MUDA sites. The agency is seeking his custody and has found evidence of his active participation in money laundering activities. The probe is based on a Karnataka Lokayukta FIR that names Karnataka Chief Minister Siddaramaiah and his family.
US President Trump and Chinese President Xi will have their first direct conversation since June on September 19. The call will cover TikTok, Boeing, rare earth magnets, and Taiwan. This could lead to an in-person summit in South Korea in October. Both sides seek gains in trade, technology, and security while managing domestic pressures.
Nomura, a top brokerage firm, recommends buying Infosys and M&M stocks, while also highlighting their top picks in the banking sector. They predict strong revenue growth for Infosys and outperformance for M&M in the auto sector. Nomura expects improved asset quality and credit expansion for banks like ICICI Bank, SBI, and Axis Bank.
The 2025 Child Nutrition Global Report by Unicef shows that obesity has become the main form of malnutrition in children globally, with India facing a "triple burden of malnutrition". This is caused by the consumption of unhealthy processed foods, weak food safety regulations, and inadequate labeling rules.
The PRIP scheme, with a budget of Rs 5,000 crore, aims to boost research and innovation in pharmaceutical and medical devices sectors. It has a five-year horizon and will fund six priority areas to increase India's global market share. However, there is room for improvement, such as reduced royalties and a stronger focus on commercialization.
London-based consumer technology company Nothing has secured $200 million in Series C funding, led by Tiger Global and including existing investors GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry. New investors include Nikhil Kamath and Qualcomm Ventures. The company plans to use the funds to accelerate its innovation roadmap and launch AI-native devices.
India and the US have taken steps towards reconciliation as Modi and Trump had their first direct interaction since a trade dispute. The call on Modi's birthday was seen as a signal for a reset. They discussed the Russia-Ukraine war and trade talks, showing a willingness to re-engage without conceding ground. This highlights the importance of India.
Billionbrains Garage Ventures, the parent company of Groww, has filed updated draft papers with Sebi for an IPO seeking to raise Rs 7,000 crore. The company has received Sebi approval and plans to raise Rs 1,050 crore in fresh capital. Investment banks have been brought in to manage the IPO.
Indian equities set to open higher today, with GIFT Nifty up 0.25% in early trade. Autos, metals, infra, and IT sectors in focus, while global factors like crude prices and currency movement may impact intraday sentiment. On September 16, Sensex and Nifty closed higher, with the Sensex gaining 594.95 points and Nifty adding 169.90 points.
Four people were arrested for projecting images of Donald Trump and Jeffrey Epstein onto Windsor Castle, where Trump is being hosted by King Charles on his state visit to Britain. Protesters also unfurled a banner and projected images of Epstein's victims and a letter allegedly written by Trump to him.
Stocks to watch on September 17, 2025: Akzo Nobel India, Jindal Steel, Amber Enterprises, Bharat Electronics, Coal India, Mahindra Lifespace, RailTel, Blue Dart. Markets ended positively on September 16, with Sensex rising 594.95 points and Nifty 50 gaining 169.90 points.
President Donald Trump has announced a deal between the U.S. and China to keep TikTok operating in the country. The agreement involves transferring TikTok's American assets to U.S. owners, creating a new American-dominated board, and maintaining a cloud deal with Oracle. The deal must be approved by Congress and involves both existing and new investors, potentially ending a year-long saga.
Government urges states to prevent misuse of subsidized fertilizers by setting up monitoring committees and using advanced technology. Concerned about supply and subsidy issues due to expected increase in demand. Low retail prices leading to overuse and decline in soil health. Significant amount allocated for fertiliser subsidies in upcoming budget.
Jindal Steel International, part of the Naveen Jindal Group, has submitted a non-binding offer to acquire Germany's largest steelmaker, thyssenkrupp Steel Europe (TKSE). The proposal includes a focus on green steel production, preserving thyssenkrupp's legacy, and creating new business opportunities.
KPI Green Energy raises Rs 670 crore through India's first externally credit-enhanced green bonds, with a 65% guarantee from GuarantCo. The five-year bond has a coupon rate of 8.50% and a rating of AA+ by CRISIL and ICRA. Proceeds will fund clean energy expansion, providing electricity to 210,000 people and avoiding 344,000 tCO2e annually.
Bharti Airtel has significantly decreased financial losses and cybercrime cases for its customers with its anti-fraud measures. The Indian Cyber Crime Coordination Centre reported a 68.7% decrease in losses and a 14.3% drop in cybercrime on the Airtel network.