Indian Metals & Ferro Alloys (IMFA) has acquired a ferro-chrome plant in Odisha from Tata Steel, marking a significant consolidation move in India’s alloy metals sector. The acquisition is expected to strengthen IMFA’s production footprint, enhance operational efficiencies and deepen its access to raw material linkages in a mineral-rich region. Odisha remains a strategic hub for ferro-alloy manufacturing due to its proximity to chromite reserves and port infrastructure.

GAIL has approved an investment of Rs. 1,736 crore for the development of a wind power project in Maharashtra, marking a strategic push into renewable energy and portfolio diversification. The initiative aligns with India’s broader clean energy transition and corporate decarbonization goals. By strengthening its renewable asset base, GAIL aims to enhance long-term sustainability while mitigating exposure to fossil fuel volatility. The project is expected to contribute significantly to regional green power capacity and support India’s national renewable energy targets.

Zydus Lifesciences has received approval from the US Food and Drug Administration to market additional generic formulations in the United States, reinforcing its strategic focus on regulated markets. The authorization enables the company to expand its portfolio in high-value therapeutic segments and enhance revenue visibility from exports. Regulatory clearance from the USFDA is widely regarded as a quality benchmark in the global pharmaceutical industry.

India’s domestic aviation market recorded a 4.36 percent year-on-year increase in passenger traffic in January, reflecting sustained travel demand and improved route capacity management. The growth underscores the resilience of the sector amid fluctuating fuel prices and evolving fare dynamics. Airlines collectively carried millions of passengers during the month, supported by higher load factors and network expansion across tier-II and tier-III cities. 

Air India has cancelled 28 international flights scheduled to operate between India and major destinations in the United States and Europe, citing operational adjustments and network optimization measures. The affected services span key long-haul routes, prompting passenger rescheduling and logistical recalibration. 

Global equity markets experienced a sharp downturn as technology stocks led a broad sell-off, compounded by renewed concerns over potential U.S. tariffs under the Trump administration. Investors reacted to disappointing corporate earnings from key IT firms, alongside geopolitical uncertainty affecting international trade. Benchmark indices, including India’s Sensex and Nifty, mirrored global trends, reflecting investor caution and profit-booking.

A SpiceJet flight was forced to return to Delhi shortly after takeoff due to an engine malfunction, raising concerns over operational safety and maintenance protocols in India’s domestic aviation sector. The aircraft, carrying passengers on a scheduled domestic route, reported technical anomalies prompting the captain to execute a precautionary diversion. All passengers and crew were safely disembarked, and authorities are investigating the incident.

Zomato co-founder Deepinder Goyal has acquired a defence robotics startup, marking a significant move into advanced technology and defence solutions. The acquisition, details of which remain largely undisclosed, reflects a trend among Indian entrepreneurs diversifying beyond core sectors into high-growth, strategic industries. Analysts suggest that the investment could leverage robotics and AI capabilities for defence applications, while positioning Goyal’s portfolio at the intersection of innovation and national strategic priorities.

Voltas, a leading player in India’s home appliances sector, has announced a planned 5–15% price increase on its air conditioner (AC) models, citing rising input costs, supply chain pressures, and inflationary trends. The adjustment is expected to affect both retail and online sales, as the company balances profitability with consumer affordability. Analysts note that while the price hike may impact short-term demand, Voltas’ strong brand positioning and market share in the AC segment could sustain sales momentum.

Clean Max Renewable Energy’s initial public offering (IPO) has achieved 45% subscription on its second day, reflecting strong investor appetite for sustainable energy investments. The IPO, aimed at raising capital to expand solar and renewable energy projects, has attracted both institutional and retail participation. Analysts note that the growing emphasis on green energy, government incentives, and the company’s robust project portfolio have driven investor confidence.