India 30 April 2026 - 11 May 2026

ASML-Tata Deal Gives India’s Chip Ambitions Their Biggest Test Yet
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ASML-Tata Deal Gives India’s Chip Ambitions Their Biggest Test Yet

ASML and Tata Electronics signed an agreement in The Hague to support Tata’s planned $11 billion semiconductor fab in Dholera, Gujarat. Indian Prime Minister Narendra Modi and Dutch Prime Minister Rob Jetten attended the signing. ASML will provide lithography tools and expertise for the project. The deal marks a key step in India’s push to build its first front-end chip manufacturing plant.
May 17, 2026
Adani Power Overtakes NTPC After 50% Rally, Rewriting India’s Power Stock Race
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Adani Power Overtakes NTPC After 50% Rally, Rewriting India’s Power Stock Race

Adani Power’s market value rose to about ₹4.3 lakh crore, overtaking NTPC as India’s most valuable listed power company despite NTPC’s much larger installed capacity. Shares of Adani Power have surged nearly 50% this year, driven by strong earnings and higher contracted capacity. NTPC’s market cap stood at around ₹3.9 lakh crore. Adani Power reported a 64% jump in quarterly profit to ₹4,271 crore.
May 11, 2026
HSBC’s New India Wealth Boss Shows Where the Bank Wants Growth Next
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HSBC’s New India Wealth Boss Shows Where the Bank Wants Growth Next

HSBC appointed Gautam Anand to lead its Global India private banking division, overseeing wealthy clients in India and major hubs abroad. The announcement comes days before HSBC’s first-quarter earnings on May 5. Anand joined HSBC Private Bank in December 2023 and previously managed South Asian client coverage. HSBC relaunched its India private banking business last year, targeting high-net-worth clients.
April 30, 2026