4855: Raymond’s Andhra push, gold ETF sets record, Anthropic prepares for India debut | MC Editor's Picks

Raymond Group is betting big on Andhra Pradesh with plans to establish aerospace and auto parts manufacturing facilities in the state. Tata Capital’s IPO was fully subscribed on the final day and most analysts remain confident about the company’s long term prospects. PM Modi pitched for India’s telecom sector, pushing for domestic innovations and manufacturing. In other news: gold ETFs set a record, Mizuho is nearing Avendus deal and Asus wants the top spot in the Indian laptop market.