Friday, November 21, 2025 News Archive

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India’s Pharma Exports Near $30 Billion as CRDMO Sector Gains Traction

India’s Pharma Exports Near $30 Billion as CRDMO Sector Gains Traction
A report by EY Parthenon and Organisation of Pharmaceutical Producers of India (OPPI) reveals that India’s pharmaceutical exports are approaching USD 30 billion, driven by growth in CRDMO (Contract Research, Development & Manufacturing Organisations) and Global Capability Centres (GCCs). 
The transition from generic manufacturing to higher-value innovation is underway, supported by digital-first strategies and policy reforms. The report highlights that regulatory agility and talent development will be crucial as India aspires to become a global life-sciences innovation hub.
Tags:
  • india
  • pharma
positive-cautious

India’s Nifty Support Zone Moves Up as Benchmarks Near Lifetimes Highs

India’s Nifty Support Zone Moves Up as Benchmarks Near Lifetimes Highs
Analysts at Bajaj Broking Research say the Nifty 50 index has shifted its key support to the 25,900-26,000 range after recently closing above the 26,000 mark, edging closer towards its all-time high of 26,277. 
The report cautions that any decisive break above this peak could trigger a run toward 26,500. They recommend a “buy on dips” strategy but emphasise selective stock picking amid elevated valuations. (NDTV Profit)
Tags:
  • markets
  • india
cautious-positive

Asia Chip Stocks Rally After Nvidia’s Strong Results, Marking AI “Moment of Truth”

Asia Chip Stocks Rally After Nvidia’s Strong Results, Marking AI “Moment of Truth”
Investors in Asia are showing renewed appetite for chip-makers after Nvidia delivered strong earnings and raised guidance, but analysts warn this may mark the start of a deeper reckoning for the AI ecosystem. 
Stocks of SK Hynix, Samsung Electronics and TSMC climbed, yet many companies reliant on speculative AI spending remain under scrutiny. The report suggests markets are beginning to differentiate firms with real earnings power from those riding hype. 
Companies:
  • Nvidia
  • SK Hynix
  • Samsung Electronics
  • TSMC
Tags:
  • ai
  • semi
neutral

TCS Outlines 18-Month Plan to Rapidly Scale AI-Centric Data Centre Operations

TCS Outlines 18-Month Plan to Rapidly Scale AI-Centric Data Centre Operations
Tata Consultancy Services announced a focused strategy to expand its AI data centre capabilities over the next 18 months as demand for high-performance compute accelerates. CEO K. Krithivasan stated that increased adoption of AI-driven applications across industries is pushing the firm to strengthen infrastructure for training and deployment workloads. 
TCS expects the buildout to enhance its cloud, enterprise modernization and digital transformation services by enabling more scalable and compute-intensive operations for clients.
Companies:
  • TCS
Tags:
  • TCS
  • AI infrastructure
neutral

Sony and TPG Commit Rs 18,000 Crore to Expand HyperVault AI Data Center Unit

Sony and TPG Commit Rs 18,000 Crore to Expand HyperVault AI Data Center Unit
Sony has formed a strategic partnership with private equity firm TPG to invest Rs 18,000 crore into HyperVault, its AI-focused data center division. The infusion aims to accelerate expansion in cloud infrastructure, advanced data storage and high-performance computing systems as enterprise demand for AI capabilities grows. HyperVault is expected to scale capacity in multiple regions to support AI workloads across manufacturing, media, financial services and research. 
Companies:
  • Sony
  • TPG
Tags:
  • Sony
  • TPG
neutral

Trade Outlook for November 21 Highlights Key Index Levels and Market Signals

Trade Outlook for November 21 Highlights Key Index Levels and Market Signals
Nifty 50 advanced 0.5 percent to close near 26,192, crossing the 26,100 resistance level and inching closer to its all-time highs around 26,277. Important resistance levels for Thursday include 26,237, 26,281 and 26,351, while support lies near 26,097 and 26,054. Bank Nifty also hit a record 59,440 before closing with 0.22 percent gains. Options positioning shows maximum call interest at 26,500 for Nifty and 60,000 for Bank Nifty, marking short-term hurdles. The Nifty PCR rose to 1.44, indicating strengthening bullish sentiment, while India VIX stayed steady at 12.14, reflecting controlled volatility.
Tags:
  • Nifty 50
  • Bank Nifty
neutral

Incoming NYC Mayor Zohran Mamdani Prepares for First Meeting with President Trump

Incoming NYC Mayor Zohran Mamdani Prepares for First Meeting with President Trump
New York’s incoming mayor Zohran Mamdani stated that he is prepared for his first meeting with US President Donald Trump, framing the discussion around the growing cost-of-living challenges faced by urban residents. Mamdani emphasized that affordability, housing strain, and inflation remain central concerns for New Yorkers and require federal-city coordination. 
His remarks signal a pragmatic approach as the incoming administration anticipates negotiations on economic pressures, rental markets, and rising household expenses across major US cities.
Tags:
  • US politics
  • New York
neutral

Walmart Flags Intensifying Affordability Pressures in U.S. Consumers

Walmart Flags Intensifying Affordability Pressures in U.S. Consumers
Walmart CEO Mike Todeschini said the affordability crisis in the U.S. is worsening, with inflation and tighter household budgets pushing more consumers toward low-cost retail options. Walmart continued to widen its market share lead over Target in Q3 as value-driven shoppers increased spending on groceries and essential categories. The company has been reinforcing supply chain efficiency and price competitiveness to maintain momentum amid persistent economic stress signals.
Companies:
  • Walmart
  • Target
Tags:
  • Walmart
  • retail
neutral

Pajson Agro India Gains BSE Nod for IPO as Sammaan Capital Shares Rebound

Pajson Agro India Gains BSE Nod for IPO as Sammaan Capital Shares Rebound
Pajson Agro India received in-principle approval from BSE to move ahead with its planned IPO, marking a key milestone for the agricultural products company as it prepares for fundraising and regulatory documentation. The development comes alongside market activity in Sammaan Capital, whose shares rose 9% after investor sentiment improved following clarification around the recent CBI probe matter. 
Companies:
  • Pajson Agro India
  • Sammaan Capital
Tags:
  • IPO
  • BSE
neutral

OpenAI Rolls Out Group Chats Feature for Collaborative ChatGPT Sessions

OpenAI Rolls Out Group Chats Feature for Collaborative ChatGPT Sessions
OpenAI has introduced a new group chats feature within ChatGPT, allowing multiple users to participate in shared conversations for coordinated brainstorming, planning tasks and structured information exchange. The update enables teams, students and workgroups to create shared chat spaces that support simultaneous prompts, content reviews and workflow discussions. The rollout emphasizes improved collaboration functionality as generative AI becomes more embedded in multi-user productivity environments. 
Companies:
  • OpenAI
Tags:
  • OpenAI
  • ChatGPT
neutral

European Markets Recover as STOXX 600 Rises on Tech-Led Strength

European Markets Recover as STOXX 600 Rises on Tech-Led Strength
European markets posted a broad rebound with the STOXX 600 index rising as renewed strength in major technology stocks helped ease near-term recession concerns. Gains were supported by momentum in semiconductor, cloud infrastructure and enterprise software names, which benefitted from improved global risk sentiment following strong US tech earnings. 
Analysts noted that the rebound reflects stabilizing investor expectations and a rotation back into cyclical sectors as macro indicators across Europe show early signs of moderating economic pressures.
Tags:
  • Europe markets
  • STOXX 600
neutral

Agraga Raises ₹100 Crore Pre-Series B Round to Scale Precision Agriculture Tech

Agraga Raises ₹100 Crore Pre-Series B Round to Scale Precision Agriculture Tech
Agraga secured ₹100 crore in a pre-Series B funding round led by Bajaj Finserv, with participation from existing strategic investors. The company develops precision agriculture platforms supporting crop diagnostics, soil intelligence and farm-level decision automation. The latest capital infusion will help accelerate deployment across high-acreage zones, enhance satellite-linked analytics and expand partnerships with agribusiness distributors. 
Analysts highlight growing momentum in agri-tech modernization as rising input costs push farmers toward data-driven optimisation tools.
Companies:
  • Agraga
  • Bajaj Finserv
Tags:
  • agritech
  • Agraga
neutral

Fintech Startup Kaaj Raises $3.8 Million to Expand Financial Access Solutions

Fintech Startup Kaaj Raises $3.8 Million to Expand Financial Access Solutions
Kaaj secured $3.8 million in funding led by Kindred Ventures, with contributions from multiple early-stage fintech investors. The company aims to scale financial inclusion tools designed for underserved segments by enhancing credit assessment technology and expanding digital lending partnerships. The investment will help Kaaj strengthen compliance systems, expand its technical workforce and grow its distribution network. 

Companies:
  • Kaaj
Tags:
  • fintech
  • Kaaj
neutral

CtrlB Secures $2.5 Million Seed Funding to Build Unified Data Platform Stack

CtrlB Secures $2.5 Million Seed Funding to Build Unified Data Platform Stack
CtrlB raised $2.5 million in a seed funding round led by Chiratae Ventures, with participation from existing angel investors. The company focuses on building unified data infrastructure that enables enterprises to consolidate analytics, warehousing and workflow orchestration in a single environment. The new capital will support product expansion, hiring in engineering roles and widening early enterprise adoption.
Companies:
  • CtrlB
Tags:
  • startups
  • CtrlB