10September
Indian Markets Surge: Sensex Rises 324 Points, Nifty Closes Above 24,950 Led by IT and Financials
On September 10, 2025, Indian equity markets extended their bullish momentum for the sixth consecutive session, buoyed by strong performances in the IT and financial sectors. The benchmark indices posted solid gains, with the Sensex climbing 324 points to close at 81,425.15 and the Nifty settling at 24,973.10, up 104.5 points. This rally was underpinned by optimism surrounding potential Goods and Services Tax (GST) reforms and renewed trade negotiations between India and the United States.
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09September
Indian IT Faces Uncertainty as Trump Administration’s HIRE Act Proposes 25% Outsourcing Tax
India’s information technology sector, a pillar of the country’s export economy, is facing renewed pressure following the introduction of the HIRE Act (Halting International Relocation of Employment) by Republican Senator Bernie Moreno in the United States Senate. The proposed legislation seeks to impose a 25% tax on outsourcing payments made by U.S. companies to foreign workers whose services benefit American consumers. If passed, the Act could significantly disrupt India’s IT services industry, which derives over
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In a significant policy shift, the GST Council has announced a complete exemption of Goods and Services Tax (GST) on individual health and life insurance premiums, effective from September 22, 2025. The move, aimed at enhancing affordability and boosting insurance penetration, has sparked debate over its impact on insurers’ profitability—particularly due to the removal of input tax credit (ITC) benefits. However, leading life insurance companies have downplayed these concerns, citing strategic adjustments and minimal impact
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09September
Market Wrap: Nifty Closes Above 24,850, Sensex Gains 314 Points as IT Stocks Lead the Rally
On September 9, 2025, Indian equity markets ended the session on a strong note, buoyed by robust buying in IT, pharma, and FMCG stocks. The benchmark indices posted their fifth consecutive day of gains, with the Sensex rising 314.02 points to close at 81,101.32 and the Nifty 50 advancing 95.45 points to settle at 24,868.60. The rally was supported by positive global cues, expectations of a US Federal Reserve rate cut, and renewed investor interest
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08September
ChrysCapital Invests ₹1,100 Crore in ILJIN Electronics Amid Rapid Growth in India’s EMS Market
India’s electronics manufacturing services (EMS) sector is witnessing a transformative phase, and ChrysCapital’s latest investment underscores the momentum. The private equity giant has committed ₹1,100 crore to ILJIN Electronics India Pvt Ltd, a subsidiary of Amber Enterprises, as part of a ₹1,200 crore strategic funding round. The remaining ₹100 crore will be contributed by InCred Growth Partners Fund I and its associates. This marks ILJIN’s first institutional capital raise and positions the company to scale
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