- Libas looks beyond ethnic wear, gears up for FY28 IPO May 5, 2026Libas's intent to expand into a multi-brand player comes against a challenging backdrop for apparel retailers, as macro slowdown in the mid-premium category has driven some industry consolidation
- US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India May 5, 2026Recognize, a private equity firm founded by former Cognizant CEO, emphasizes operational involvement and believes smaller IT firms will adapt to AI advancements more quickly than larger competitors.
- Anthropic partners with Blackstone, Goldman Sachs in $1.5 billion push to bring Claude AI to enterprises May 5, 2026Anthropic has launched a new AI services company in collaboration with Blackstone, Hellman & Friedman, and Goldman Sachs.
- Kiran Mazumdar-Shaw names niece as successor, but she is ‘not hanging up boots yet’; who is Claire Mazumdar? May 5, 2026Kiran Mazumdar of Biocon names her niece, Claire Mazumdar, as her successor, with a gradual transition over five years. She remains focused on advancing biotechnology and AI integration within the company while preparing for growth.
- Instant help services face scalability test amid worker shortages in peak summer period May 5, 2026Seasonal migration and slow workforce formalisation are straining on-demand maid services, leaving platforms struggling to match surging urban demand during peak periods.
- India among most resilient emerging markets to global shocks: Moody’s Ratings May 5, 2026Amid global uncertainties, India emerges as a beacon of resilience, ready to tackle potential economic upheavals. Its commitment to early reforms and ample safety nets fortify its economic landscape. With a clear approach to monetary policy and ample foreign currency reserves, India skillfully manages inflationary pressures and fluctuating exchange rates. […]
- India’s state election results are out. Is cash inflow next? Here’s a warning May 5, 2026India’s state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fiscal deficits as states commit to cash handouts and welfare benefits. This trend may impact spending on infrastructure and jobs. The fiscal deficit ceiling of 3% is now seen as a floor. This spending race is expected to c […]
- India’s warchest has better ammo than its peers. Moody’s approves May 5, 2026Since the onset of global economic challenges in 2020, India has emerged as a powerhouse among developing markets. According to a Moody's analysis, India's growth trajectory outshines countries like Mexico and Brazil. This success is largely due to proactive policy reforms and a resilient financial safety net. India has adeptly weathered external s […]
- Indo-Pacific trade pact losing relevance under Trump’s aggressive strategy: GTRI May 5, 2026The Indo-Pacific Economic Framework for Prosperity, widely known as IPEF, faces significant hurdles. Recent analyses indicate that the foundation of the framework may be weakening, largely attributed to the trade policies introduced during Donald Trump’s presidency.
- Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation May 5, 2026The Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of more than 610 billion rupees in merely 15 days of April signals a transformative phase. Experts warn that this continuous cash demand surge may impact the liquidity framework of the banking system.
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