Japan Is Stepping Up as Asia’s New Powerbroker
Japan is positioning itself as the Indo‑Pacific’s new powerbroker, with Defense Minister Shinjiro Koizumi using the Shangri‑La Dialogue to call out China and announce a $10 billion aid package for Southeast Asia. The country plans to double its defense budget to 2 % of GDP by FY2027‑28, marking a historic shift from its post‑war pacifist stance. Tokyo is deepening military cooperation with the Philippines, Australia and other allies, while the U.S. defense chief took a softer tone, avoiding direct criticism of China and Taiwan. Beijing responded by sending a lower‑level delegation, highlighting growing diplomatic tension.
Inox Clean Energy Plans ₹1 Trillion Investment by 2030 in Renewables, Solar Equipment and Battery Storage
Inox Clean Energy, the green‑power arm of InoxGFL Group, announced a $12 billion (₹1 trillion) investment plan through 2030. The strategy allocates $3 billion (₹25,000 crore) annually to expand solar‑module production, independent power projects (IPP) and battery‑energy‑storage systems (BESS). Current solar capacity of roughly...
German Chipmaker Infineon to Expand India Ops with New R&D and Supply Chain Investments
Infineon Technologies, a German chipmaker among the world’s top ten, will nearly double its Indian workforce from 2,600 to about 5,000 by 2030. The expansion includes new R&D facilities and a strengthened supply‑chain network aimed at supporting India’s green‑energy transition....
Mint Explainer: Why Are Quick Commerce Giants Betting Big on Digital Wallets?
Swiggy Instamart has rolled out a feature that lets shoppers top up their Swiggy Money wallet to cover any shortfall in the minimum order value required for free delivery. The change eliminates the need to add extra items merely to...
Amazon May Be Bigger, but Zomato's Deepinder Goyal Says Blinkit Has the Edge in Quick Commerce- Here's Why
Deepinder Goyal, Zomato’s co‑founder, argues that Blinkit is better positioned than Amazon to dominate India’s fast‑growing quick‑commerce market. Blinkit now commands roughly half of the sector and remains profitable while rivals chase market share with heavy discounting. The company has...
Airbnb Leases 46,000 Sq Ft for GCC in DLF Cyber City Gurugram
Airbnb Global Capability Center has signed a five‑year lease for 46,437 sq ft on the 21st floor of DLF Cyber City in Gurugram. The company paid a deposit of roughly US$670,000 and will pay about US$74,000 per month in rent, with a...
NBFC UGRO Dismisses Concerns Raised by Proxy Advisory Firm over Its MD Salary
UGRO, an MSME‑focused NBFC, rejected a proxy advisory firm’s call to vote against the re‑appointment and compensation of MD Shachindra Nath. The company says the proposed pay, validated by Aon, is at or below the market median, and that the variable‑pay...
CCI Dismisses Complaint Against Rapido over Alleged Predatory Pricing, Says No Abuse of Dominance
The Competition Commission of India dismissed a complaint against Rapido’s parent, Roppen Transportation Services, finding no prima facie abuse of dominance or predatory pricing. The regulator noted that most grievances related to transport licensing and the Motor Vehicles Act, not...
Ashok Leyland Bets on Overseas Growth as West Asia Risks Weigh on Supply Chains
Ashok Leyland posted a 10% rise in FY26 net profit to ₹3,721 crore (about $448 million) and a 16% jump in revenue to ₹56,362 crore (≈$6.8 billion), driven by double‑digit volume growth in trucks, buses and light commercial vehicles. The company is tightening costs...
TCI Plans to Buy Ships to Expand High-Margin Coastal Seaway Business
Transport Corporation of India (TCI) is set to boost its coastal shipping unit with a FY27 capital spend of roughly ₹550‑600 crore ($67‑$73 million), nearly 50% of which targets new vessels. The company will make final payments of ₹200‑250 crore ($24‑$31 million) to acquire...
IndiGo Q4 Preview: Can India’s Biggest Airline Weather Fresh Turbulence?
India's largest carrier IndiGo is set to release its March‑quarter results amid rising jet‑fuel costs, disrupted West Asia air routes, and a weakening rupee. The airline has regained a 63% domestic market share after a December operational crisis, but margins...
SBI Funds Starts Roadshows for a ₹13,000-Crore IPO, Aims Launch by July
SBI Funds Management, India’s largest asset manager, has launched roadshows to raise about ₹13,000 crore (approximately $1.6 billion) through an IPO slated for late June to July 2026. The offering will represent a 10% stake, with SBI and French partner Amundi selling...
Supreme Court Sets Aside CCI’s ₹202 Crore Penalty on Amazon in Future Coupons Case
The Supreme Court of India has set aside the Competition Commission of India's ₹202 crore (≈ $24 million) penalty imposed on Amazon over its 2019 acquisition of a 49% stake in Future Coupons Pvt. Ltd. The court ordered Amazon to receive a refund...
After a Milestone Year, Realty's Big Four Aim for ₹1.2 Tn Home Sales in FY27
India’s four listed real‑estate giants – Godrej Properties, Prestige Estates, Lodha Developers and DLF – posted a combined ₹1.05 trillion (~$12.6 bn) in housing sales in FY26, setting a new benchmark. For FY27 they have lifted the target to ₹1.19 trillion (~$14.3 bn), roughly...
Roseate Hotels Targets Asset-Light Luxury Model with Managed Expansion Push
Roseate Hotels & Resorts is shifting to an asset‑light model, planning to open three to four new hospitality projects each year starting FY2026‑27. The chain will balance owned and managed properties at a 50:50 split while expanding into pilgrimage destinations...