PhonePe plans to engage more than 20,000 frontline staff and deploy over 5 million smart speakers and point-of-sale devices across India within a year, with about half of the devices headed for rural areas and Tier 6 towns.
Gautam Adani announced plans to invest more than ₹1 lakh crore in West Bengal across ports, logistics, power, highways, green cement and data centres, after laying the foundation for a 2,000-bed hospital in New Town, Kolkata.
AceVector, which owns Snapdeal, a majority stake in Unicommerce and consumer brands under Stellaro, has opened its IPO at ₹30–32 per share. Its FY26 loss fell 64% to ₹45.5 crore as revenue rose 29%.
The Bengaluru-based digital lender's IPO was subscribed 1.49 times by the end of its first day, led by non-institutional and retail investors, while qualified institutional buyers bid for just 5% of their quota.
The Sensex fell 1.67% to 73,580.54 and the Nifty closed at 23,063.10 on September 24 as the US 10-year Treasury yield hit its highest level since 2007. Investors lost about ₹3.54 lakh crore in a single session.
The National Stock Exchange listed at ₹1,800 on BSE, a premium of just 0.84% to its issue price, before closing at ₹1,817. The debut undershot grey-market hopes but still placed India's dominant bourse among the country's most valuable companies.
Policybazaar parent PB Fintech fell as much as 36% and Turtlemint hit its lower circuit after India's insurance regulator proposed hard caps on distributor commissions, wiping out more than ₹25,000 crore in market value in a single session.
Navaris, the newly launched brand of Qualitas Energy, secured 11 onshore wind projects totalling 304.5 MW — more than 12% of capacity awarded in Germany’s latest auction — with a 100% bid success rate.
Fundraising for climate-specialist VCs fell nearly 40% in 2025, PitchBook data show, but investors at Climate Week NYC say AI-driven power demand is steering record capital into energy, critical minerals and supply chains.
Ares has acquired an 80% stake in a 384 MW California solar and battery-storage portfolio from EDP Renewables, valuing the assets at about $0.8 billion at the start of operations.