Abu Dhabi’s International Holding Company (IHC) will acquire a 41.2% stake in Sammaan Capital (formerly Indiabulls Housing) for Rs 8,850 crore, marking India’s largest foreign investment in the NBFC sector. This $1 billion deal triggers an open offer, potentially increasing IHC’s holding to 63.4% and classifying it as a promoter with board control.

A senior ASML executive stated European policymakers are difficult to reach. He found Indian government officials more accessible. ASML CEO Christophe Fouquet held a two-hour meeting with Prime Minister Modi. Modi listened intently and asked for improvement areas. This interaction shows India’s engagement with global industry leaders. Such direct dialogue is valued by companies.

India’s capital markets are demonstrating remarkable resilience, driven by robust domestic investor support, which is enabling a surge of startups to go public. This trend provides crucial liquidity for venture capitalists like Peak XV Partners, allowing them to exit investments. Peak XV, post-Sequoia split, is expanding globally while continuing to bet on Indian consumer, fintech,

Government efforts to boost India’s electronics component ecosystem attracted over Rs 1.1 lakh crore in investment proposals. This amount is almost double the initial target. The applications could generate Rs 10.3 lakh crore in new production. Many global and domestic firms submitted proposals. This initiative aims to establish India as a global electronics component supplier.

EFTA Bloc nations pledged $100 billion investments in India under a new trade deal, with Switzerland seeking a bilateral investment treaty and Liechtenstein a double taxation avoidance agreement. Pharma giant Roche committed $1.8 billion, alongside other companies, as India offers duty concessions on most EFTA imports, balancing interests with firm investment commitments.

The Reserve Bank of India introduced major reforms, allowing banks to finance mergers, acquisitions, and IPOs more freely. It raised limits on loans against shares and debt securities, easing borrowing rules for large companies. These changes, effective October 2025, aim to expand credit access, improve liquidity, and deepen capital market participation, complementing government reforms.

Elon Musk has set a new record, becoming the first person ever to build a fortune of $500.1 billion. This unprecedented wealth surge is attributed to a rebound in Tesla’s stock, where he holds a significant stake, and soaring valuations of his other ventures, including SpaceX and xAI, with a massive pay package also proposed