India's mobile phone manufacturing sector has generated Rs 25,000 crore in direct tax collections and Rs 3,000 crore in GST. Union minister Ashwini Vaishnaw announced new schemes to further enhance production and strengthen global supply chains. The Mobile Phone Manufacturing Scheme will operate from FY 2026-27 to FY 2030-31, with Rs 62,500 crore allocated. It aims to increase domestic sourcing and support Indian mobile brands through incentives.
Jio makes strong debut at 21% premium to become India's second-most valuable firm
https://timesofindia.indiatimes.com/business/india-business/jio-share-price-jpl-makes-strong-debut-at-21-premium-becomes-indias-second-most-valuable-firm-all-you-need-to-know/articleshow/135253566.cms
https://timesofindia.indiatimes.com/business/india-business/jio-share-price-jpl-makes-strong-debut-at-21-premium-becomes-indias-second-most-valuable-firm-all-you-need-to-know/articleshow/135253566.cms
Jio Platforms celebrated a remarkable stock market entry, debuting at Rs 1,358 per share. The IPO attracted an impressive 22.19 times oversubscription, with bids surpassing Rs 7.4 lakh crore. Following this, the firm's market capitalisation soared to around Rs 12.5 lakh crore, securing its position as India's second most valuable company.
Mukesh Ambani gets teary-eyed as children talk about Reliance's journey at Jio listing
https://timesofindia.indiatimes.com/business/india-business/mukesh-ambani-gets-teary-eyed-as-anant-ambani-talks-about-reliances-journey-at-jio-listing/articleshow/135255155.cms
https://timesofindia.indiatimes.com/business/india-business/mukesh-ambani-gets-teary-eyed-as-anant-ambani-talks-about-reliances-journey-at-jio-listing/articleshow/135255155.cms
Jio Platforms Limited made a notable debut on the stock market, listing at a premium of 21.36%. The public issue was highly successful, being subscribed 22.19 times and valued at over Rs 10 lakh crore. Isha, Akash, and Anant Ambani commemorated their father's legacy while outlining future ambitions for the company. Akash Ambani expressed a commitment to democratizing technology over the next decade.
Nifty 50 heads for worst year in a decade: Should you buy stocks now or wait?
https://timesofindia.indiatimes.com/business/india-business/nifty-50-heads-for-worst-year-in-a-decade-should-you-buy-stocks-now-or-wait/articleshow/135258487.cms
https://timesofindia.indiatimes.com/business/india-business/nifty-50-heads-for-worst-year-in-a-decade-should-you-buy-stocks-now-or-wait/articleshow/135258487.cms
In 2026, Dalal Street faces a challenging landscape as the Nifty50 sinks by 13%, prompting investors to weigh the merits of buying stocks at discounted rates. The path to market recovery hinges on several factors: the resurgence of earnings, influx of foreign investments, and fluctuations in crude oil prices. While potential for better earnings exists, overall performance remains tempered by sluggish growth and high valuations.
Advent raises $30bn, starts mid-market fund
https://timesofindia.indiatimes.com/business/india-business/advent-raises-30bn-starts-mid-market-fund/articleshow/135260492.cms
https://timesofindia.indiatimes.com/business/india-business/advent-raises-30bn-starts-mid-market-fund/articleshow/135260492.cms
India-Mexico PTA Negotiations: talks begin with Terms of Reference; automotive, pharma, electronics in focus
https://timesofindia.indiatimes.com/business/india-business/india-mexico-pta-talks-aim-to-deepen-trade-and-investment-ties/articleshow/135260463.cms
https://timesofindia.indiatimes.com/business/india-business/india-mexico-pta-talks-aim-to-deepen-trade-and-investment-ties/articleshow/135260463.cms
India and Mexico have embarked on talks for a Preferential Trade Agreement that aims to enhance bilateral trade relations. This initiative is intended to unlock new opportunities in key sectors such as automotive, pharmaceuticals, and electronics. Key topics during the discussions will include negotiating market access and establishing dispute resolution mechanisms.
Festive season sales are not always bargains: Avoid these 10 money mistakes
https://timesofindia.indiatimes.com/business/india-business/festive-season-sales-are-not-always-bargains-avoid-these-10-money-mistakes/articleshow/135134137.cms
https://timesofindia.indiatimes.com/business/india-business/festive-season-sales-are-not-always-bargains-avoid-these-10-money-mistakes/articleshow/135134137.cms
Festive sales are designed to make every purchase feel like a bargain, and the fear of missing out can lead to buying far more than planned. Set a spending limit before the sales begin and list what is genuinely needed. A budget does not take the joy out of the season, but it ensures that the spending is decided by you rather than by the sale.
First time health buyers increased 2.8X since FY22: Policybazaar
https://timesofindia.indiatimes.com/business/india-business/first-time-health-buyers-increased-3-8x-since-fy22-policybazaar/articleshow/135270980.cms
https://timesofindia.indiatimes.com/business/india-business/first-time-health-buyers-increased-3-8x-since-fy22-policybazaar/articleshow/135270980.cms