Shabeeh Azeem

India’s smartphone exports have soared to a staggering ₹1,82,448 crore ($21 billion) in the first 11 months of FY25, marking a 54% rise compared to the same period in FY24, according to data released by the India Cellular & Electronics Association (ICEA). With one month still to go, the figure has already exceeded the ₹1,73,760 crore ($20 billion) estimate projected by Union Minister Ashwini Vaishnaw. Independent estimates place Apple Inc.

Tata Motors, the country’s largest commercial vehicle maker, has announced a price hike of up to 2% on its commercial vehicle range, effective April 1, 2025, the auto giant announced in a BSE release. Driven by soaring input costs shaking up the global auto industry, the price revamp isn’t a one-size-fits-all deal. Instead, the hike will roll out selectively, varying across models and variants.

In a bold move, global private equity giant Blackstone is gearing up to secure a 14.3% stake in Kolte Patil Developers through a preferential allotment route. The deal, orchestrated via BREP Asia III Holding Co, marks Blackstone’s footprint expansion in India’s real estate market. The company has also made an announcement of an open offer to acquire 26% stake in the Pune-based developer.