🗞️ Brookfield targets ₹100K crore India AUM
Brookfield has set its sights on growing its assets under management in India to $100 billion (₹8.3 lakh crore) over the next five years. The firm will focus on infrastructure, renewables, and real estate to meet this ambitious goal.
💬 Expert Take: “Brookfield’s bullish stance underscores India’s infrastructure-led investment story,” said Shobhit Agarwal, MD, Anarock Capital.
🗞️ ITC profit rises 28.5% to ₹19,727 crore
ITC reported a 28.5% YoY rise in its net profit for FY25, largely driven by a one-time gain from restructuring. FMCG and hotels segments also showed steady growth, strengthening its non-cigarette portfolio.
🗞️ Reliance eyes ₹600M consumer FMCG market
Reliance Consumer Products is betting big on low-cost FMCG offerings to capture India’s 600-million-strong mass market. The strategy aims to challenge legacy players like HUL and ITC.
🗞️ Adani to invest ₹20,000 crore in North East
Adani Group is set to announce investments worth ₹20,000 crore in the North East across power, logistics, and infra. This aligns with India’s push to develop the region as a key economic hub.
🗞️ Bajaj Auto to take full control of KTM
Bajaj Auto will acquire full control of Austrian motorcycle brand KTM, strengthening its position in the premium motorcycle segment globally. The move is seen as a key step in Bajaj's international growth strategy.
💬 Expert Take: “This acquisition cements Bajaj’s global leadership in performance biking,” said Abhishek Jain, Auto Analyst, Dolat Capital.
🗞️ Banks may soon get one national helpline
Indian banks could be assigned a single national number to streamline customer services and improve accessibility. The RBI and telecom authorities are working together to implement this reform.
🗞️ Credit growth may slow in FY26
Credit growth could see a moderation in FY26 as banks become more cautious and shift toward secured lending amid rising risk aversion in unsecured retail segments.
🗞️ Net FDI inflows hit record low
India’s net FDI inflows fell 96% to a record low of $0.5 billion in FY24. Analysts point to global macro headwinds and delayed investment cycles as primary reasons for the sharp drop.
📊 Market Updates
📉 Sensex: 80,951.99 ▼ -645.00 (-0.79%)
📉 Nifty 50: 24,609.70 ▼ -203.75 (-0.82%)
💵 USD/INR: ₹85.60 ▼ -0.05 (-0.06%)
🛢️ Brent Crude: $64.28 ▼ -0.63 (-0.97%)
🪙 Bitcoin: $112,030 ▲ +3.0%
🪙 Gold (24K): ₹9,791 per gram ▲ +₹49