Business

Reliance Industries Ltd. (RIL), India’s diversified conglomerate, witnessed a 5% decline in its share price as broader market indices retreated. The dip reflects a combination of sector-wide volatility, profit-booking by investors, and global macroeconomic concerns affecting energy and technology stocks. Despite strong fundamentals across RIL’s petrochemicals, telecom, and retail businesses, short-term sentiment pressures triggered the sell-off.

Insurance-focused fintech firm Turtlemint is preparing to enter the public markets with an initial public offering estimated at around Rs 2,000 crore, signaling growing confidence in India’s digital financial services ecosystem. The proposed listing reflects the company’s rapid scale-up, expanding distribution network, and increasing adoption of technology-led insurance solutions. Market participants view the move as part of a broader trend of fintech companies seeking capital to strengthen balance sheets, invest in technology, and accelerate growth.

India’s automobile retail sector delivered a solid performance in 2025, recording a 7.71% year-on-year growth, according to industry data from dealer bodies. The expansion reflects resilient consumer demand, improved supply chains, and sustained interest across passenger vehicles, two-wheelers, and commercial segments. Easing inflation, better financing availability, and steady economic activity supported vehicle purchases throughout the year. While urban demand remained stable, rural markets showed renewed momentum, aided by improving incomes and infrastructure spending.

Waaree Energy Storage has raised Rs. 1,003 crore in fresh capital, marking a significant milestone for India’s rapidly evolving renewable energy ecosystem. The fundraise underscores growing investor confidence in energy storage as a critical pillar of the country’s clean energy ambitions. The capital is expected to strengthen Waaree’s balance sheet, expand manufacturing capacity, and support technology upgrades amid rising demand for grid-scale and commercial storage solutions.

The rapid expansion of 10-minute food delivery services has reignited tensions between platform companies and gig workers, with labor unions openly criticizing the model’s sustainability. A prominent gig workers’ union has accused the leadership of a leading food delivery firm of prioritizing corporate optics over rider welfare, arguing that ultra-fast delivery targets intensify pressure on workers. The remarks highlight broader concerns around safety, income stability, and accountability within the gig economy.

State-owned hydropower major NHPC is preparing to raise Rs. 2,000 crore through a bond issuance as part of its broader capital-raising strategy. The move is aimed at strengthening the company’s balance sheet, refinancing existing liabilities, and supporting ongoing and upcoming infrastructure projects. The proposed bond issue reflects NHPC’s prudent financial planning amid rising capital requirements in the power sector.

Marico has projected strong revenue growth for the third quarter, reflecting resilient consumer demand across its core product categories. The fast-moving consumer goods company expects momentum to be driven by steady volume expansion, premiumization, and improved distribution reach. Management confidence is underpinned by sustained demand in health, wellness, and personal care segments, alongside disciplined pricing strategies. Analysts view the outlook as a sign of operational stability in a competitive FMCG environment marked by input cost pressures and shifting consumption patterns.

Maruti Suzuki recorded its highest-ever annual production in 2025, underlining the automaker’s manufacturing strength and continued dominance in India’s passenger vehicle market. The milestone reflects robust domestic demand, improved supply-chain resilience, and sustained investments in capacity expansion and operational efficiency. Strong performance across entry-level, compact, and utility vehicle segments supported the record output, even as the industry navigated cost pressures and evolving regulatory norms.

Adani Total Gas has announced a reduction in prices of compressed natural gas (CNG) and piped natural gas (PNG) after a reset in tariff structures, offering relief to consumers and businesses alike. The move follows changes in gas allocation and pricing mechanisms, which have improved cost dynamics for city gas distributors. Lower fuel prices are expected to ease transportation expenses, reduce household energy bills, and support small businesses dependent on gas-based operations.

Coal India Limited (CIL), the nation’s largest coal producer, reported an increase in production during December 2025, even as offtake by power and industrial consumers declined. Total output rose as mining operations stabilized and logistic bottlenecks eased, yet demand from power plants and private sectors softened amid seasonal fluctuations and fuel mix adjustments. The divergence between production and consumption highlights a temporary mismatch in supply-demand dynamics, influencing inventory levels across plants and depots.