In a pointed message to global corporations, Russian President Vladimir Putin has made it clear that Western companies, including McDonald’s, will not be welcomed back unconditionally if they seek to re-enter the Russian market. Speaking at a Kremlin business forum, Putin criticized the manner in which some firms exited Russia in response to Western sanctions and emphasized that any return must prioritize domestic interests.

India has taken a significant step toward revolutionizing its freight transportation landscape with the introduction of a 9000-horsepower electric locomotive, a landmark development inaugurated by Prime Minister Narendra Modi. Manufactured through a strategic partnership with Siemens Ltd, the locomotive is part of a larger initiative aimed at increasing the share of railways in national freight movement from the current 27% to 45%. With an investment exceeding Rs.

Agri-value chain integrator Samunnati has announced a fresh capital infusion of Rs. 42.5 crore in Series E equity from Agri-Biz Capital Delaware LLC, marking the first equity funding of the 2025–26 fiscal year. This investment brings the company's total pre-Series E equity raised to over Rs. 381 crore. Positioned at the nexus of financial services, market access, and advisory solutions, Samunnati aims to leverage this new capital to scale its inclusive agribusiness model.

Sugs Lloyd, a specialized provider of outage management solutions for electricity distribution companies, has filed its draft papers with the BSE SME platform, signaling its intent to launch an initial public offering. The company plans to utilise the proceeds primarily for working capital, business expansion, and general corporate purposes. Demonstrating solid financial performance, Sugs Lloyd posted Rs 25.49 crore in revenue and Rs 3.53 crore in profit after tax (PAT) in Q1 FY25, following Rs 65.12 crore in revenue and Rs 10.48 crore PAT in FY24.

Prostarm Info Systems Ltd, an integrated power solutions provider, witnessed strong investor interest as its initial public offering (IPO) was oversubscribed by 3.54 times on the first day of bidding. The Rs 168-crore share sale attracted bids for nearly 3.97 crore shares against the 1.12 crore shares on offer, with significant participation from non-institutional and retail investors. The IPO, priced between Rs 95 and Rs 105 per share, aims to fund capital expenditure, debt repayment, and strategic growth initiatives.

Balrampur Chini Mills Ltd has inked a landmark agreement with the Uttar Pradesh government to establish a 250-tonne-per-day (TPD) polylactic acid (PLA) plant at its Kumbhi Chini Mills facility in Lakhimpur Kheri. The Rs 2,850 crore investment project aims to pioneer sustainable bioplastics manufacturing, generating 225 direct jobs and advancing Uttar Pradesh’s green industrial ambitions. Scheduled to begin operations this month, the venture exemplifies the state’s commitment to environmentally conscious growth and aligns with its goal of becoming India’s leading investment hub.

Life Insurance Corporation of India (LIC) reported a significant 38% increase in net profit to Rs. 19,013 crore for the quarter ending March 2025, despite a slight decline in total income during the period. While first-year premium collections softened, renewal premium income showed steady growth, underscoring the strength of LIC’s recurring revenue streams. For the full fiscal year 2024-25, the insurer posted an 18% rise in profit to Rs. 48,151 crore, with total income also increasing. The board has proposed a final dividend of Rs.

In a landmark collaboration, JioStar and Sony Pictures Networks India (SPNI) have jointly secured streaming and television broadcast rights for the Indian cricket team’s tours of England in 2025 and 2026. JioStar will exclusively stream all matches, including Tests, ODIs, and T20 Internationals, on its OTT platform JioHotstar, while SPNI retains linear television rights.

Borana Weaves Ltd, a manufacturer of high-grade microfilament woven fabrics, made a strong debut on Indian stock exchanges on Tuesday, listing at a 12.5% premium over its issue price of Rs 216 per share. The stock opened at Rs 243 and surged as high as Rs 255.10 intraday, reflecting robust investor confidence. The company's Rs 144.89-crore initial public offering (IPO) witnessed overwhelming demand, being subscribed 148.77 times.

Indian equity markets opened in the red on Tuesday, snapping a two-day rally as investors booked profits in information technology stocks and tracked weak cues from major Asian bourses. Both the Sensex and Nifty declined sharply in early trade, reflecting caution ahead of key domestic macroeconomic data releases, including industrial production and GDP figures. The selloff was exacerbated by a muted global backdrop, with several Asian indices slipping and U.S. markets closed for Memorial Day.