FPIs Withdraw Rs 22,530 Crore from Indian Equities in Jan

Foreign portfolio investors continue heavy selling in Indian markets, withdrawing over Rs 22,530 crore this month. Analysts cite US bond yields, dollar strength, and trade uncertainties as key factors driving capital outflows.

Neville Tata's SRTT Trustee Appointment Delayed Again

A key board meeting of Sir Ratan Tata Trust to appoint Neville Tata as trustee got cancelled due to lack of quorum. This marks the second delay in his induction to the trust holding 23.6% in Tata Sons.

Medsource Ozone Hires EY for Funding Exploration

Medsource Ozone Biomedicals has engaged Ernst & Young to explore raising ₹300-400 crore. This move aims to fund expansion and could mark the company's second external funding round in over four years.

India's Forex Reserves Rise to $687.2 Billion

India's foreign exchange reserves increased by $392 million in the week ending January 9, reaching a total of $687.2 billion, as reported by the Reserve Bank of India.

Netweb Tech Posts Record Profit, Driven by AI Demand

Netweb Technologies announces its highest-ever quarterly profit of Rs 73.31 crore, more than doubling from last year, fueled by strong demand in AI, private cloud, and high-performance computing solutions.

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