Cupid Limited, India’s premier manufacturer and exporter of healthcare and wellness products, has been recognized at the Maharashtra State Export Awards 2025 for its remarkable contribution to international trade.
India is rapidly emerging as a global force, inspiring both admiration and apprehension among nations worldwide. In a recent address, global commentator Fareed Zakaria highlights how India’s unprecedented momentum across technology, economy, democracy, and international influence is reshaping the global landscape.
Amid rising global trade tensions and China’s tightening grip on rare earth exports, India is strategically positioning itself as a major player in the critical minerals sector.
Walmart-backed PhonePe is set to redefine India’s fintech landscape with its upcoming $15 billion IPO, driven by robust financials and strategic infrastructure investments.
Tata Consultancy Services (TCS) is making a decisive push into AI and data infrastructure, aiming to become India’s leading AI-driven technology services firm. In its Q2 results, TCS announced a $6-7 billion plan to build out a 1-GW AI data-centre network across India, marking a landmark shift for the Indian IT model.
The company has announced an ambitious capital expenditure plan of Rs. 50,000 crore over the next five years to support this strategy. Once operational, TCS’s data centre network could position it among the largest operators in India, surpassing several established players. This move underscores TCS’s commitment to building a robust AI and digital backbone for businesses nationwide.
Eco Recycling Ltd. (Ecoreco), one of India’s foremost formal e-waste recycling companies, continues to strengthen its position in sustainable electronic waste management. Headquartered in Mumbai, the company provides end-to-end recycling, recovery, and safe disposal solutions to leading domestic and global brands, ensuring environmental compliance and sustainability across its operations.
Setting the Stage
At the Gaza peace summit held in Sharm el-Sheikh, Egypt, US President Donald Trump took a moment during his address to praise India and Prime Minister Narendra Modi while gesturing toward Pakistan’s Prime Minister Shehbaz Sharif, who was standing behind him.
HSBC has announced the launch of HSBC Digital Merchant Services (DMS) in India — a comprehensive digital payment management solution aimed at simplifying payment processes for eCommerce merchants. The platform enables merchants to accept multiple payment methods through a single contract and interface, eliminating the complexity of managing multiple payment providers.
MS on Muthoot Finance – Maintain Overweight on the company, raise target price to Rs.3660/share (Positive)
MS on Manappuram – Maintain Equal Weight on the company, raise target price to Rs.285/share (Positive)
MS on TCS – Maintain Overweight on the company, target price at Rs.3690/share (Positive)
Nuvama on TCS – Maintain Buy on the company, target price at Rs.3650/share (Positive)
Avendus on TCS – Upgrade to Buy, raise target price to Rs.3700/share versus Rs.3690/share (Positive)
Top Corporate Updates
FlySBS Aviation expands its business jet fleet with the induction of a 13-seater Embraer Legacy 650 under dry lease. The jet offers a 3,900-nautical-mile range, enabling non-stop 6-hour flights to the Middle East and Southeast Asia. Target clientele includes ultra-HNIs and corporate leaders in the premium charter segment.
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