*News Headlines from Business News Agencies:*
*Business Standard*
π India's data centre capacity to cross 12 GW by 2030: Wood Mackenzie
π Wipro, Databricks expand partnership to help firms scale enterprise AI
π Mega infra projects worth βΉ47,600 crore to take wings in Uttar Pradesh
π CEAT sees Camso, overseas mkts driving FY27 growth despite cost pressures
π Haldia Petrochemicals says June fire was not caused by naphtha pipeline
π Gujarat unveils shipbuilding policy, eyes more than βΉ27,000 cr investment
π Hudco Q1 profit zooms 35% to βΉ851 crore; declares interim dividend
π Eureka Forbes targets βΉ5,400-5,600 crore revenue, triple Ebitda by FY30
π Infosys fined β¬175,000 by French authority over work-hour tracking system
π PFC Consulting incorporates SPV to develop Kushtagi Transmission project
π Retail leasing continues to outpace Grade A mall supply in H1 2026: Report
π Canara Bank Q1FY27: Net profit at βΉ4,856 crore as NII grows 13.4%
*Economic Times*
π India needs 86 GW additional thermal power by FY36, 64 GW under works: Govt
π India orders Pepsi, Red Bull, Monster and others to drop βenergy drinkβ label despite industry protests
π HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub
π MRPL seeks crude via tender avoiding Red Sea and Hormuz, document shows
π Ice Make Refrigeration partners with Japan's Galilei Holdings for strategic investment, JV
π Parliamentary panel asks govt to consider reviving urea plants at Durgapur, Haldia, Korba to boost output
π India's engineering exports climb 21% to $11.48 bn as China demand surges 74%
π BNP Paribas Cardif to bring bancassurance expertise to IndiaFirst Life after stake buy
π Audi must work with Volkswagen to realign business, says CFO
π French auto parts maker Forvia to invest β¬70 m more in India
π China export curbs put $6.5 trillion global supply chains at risk: IEA
*Mint*
π RBI's special forex window could draw up to $85 billion, says SBI Research
π Centre nudges RRBs to ramp up digital banking to spur growth
π Lodha Developers plans to raise βΉ9,000 by selling Palava land to hyperscalers
π India's FCNR(B) scheme attracts $32 billion, surpasses 2013 deposit mobilisation
π Nvidia to invest $1 billion in Naverβs AI project
π Bank of Baroda confirms 1000 GB data leak, says customer data exposed via employee email
π Monolithisch India Delivers Record Quarterly Performance; Greenfield Expansion
π HCLTech becomes first Indian IT services firm to form small-business unit
π Quadria Capital steps up exits, eyes 1.5x payout from Fund III by early 2027
*Business Standard*
π India's data centre capacity to cross 12 GW by 2030: Wood Mackenzie
π Wipro, Databricks expand partnership to help firms scale enterprise AI
π Mega infra projects worth βΉ47,600 crore to take wings in Uttar Pradesh
π CEAT sees Camso, overseas mkts driving FY27 growth despite cost pressures
π Haldia Petrochemicals says June fire was not caused by naphtha pipeline
π Gujarat unveils shipbuilding policy, eyes more than βΉ27,000 cr investment
π Hudco Q1 profit zooms 35% to βΉ851 crore; declares interim dividend
π Eureka Forbes targets βΉ5,400-5,600 crore revenue, triple Ebitda by FY30
π Infosys fined β¬175,000 by French authority over work-hour tracking system
π PFC Consulting incorporates SPV to develop Kushtagi Transmission project
π Retail leasing continues to outpace Grade A mall supply in H1 2026: Report
π Canara Bank Q1FY27: Net profit at βΉ4,856 crore as NII grows 13.4%
*Economic Times*
π India needs 86 GW additional thermal power by FY36, 64 GW under works: Govt
π India orders Pepsi, Red Bull, Monster and others to drop βenergy drinkβ label despite industry protests
π HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub
π MRPL seeks crude via tender avoiding Red Sea and Hormuz, document shows
π Ice Make Refrigeration partners with Japan's Galilei Holdings for strategic investment, JV
π Parliamentary panel asks govt to consider reviving urea plants at Durgapur, Haldia, Korba to boost output
π India's engineering exports climb 21% to $11.48 bn as China demand surges 74%
π BNP Paribas Cardif to bring bancassurance expertise to IndiaFirst Life after stake buy
π Audi must work with Volkswagen to realign business, says CFO
π French auto parts maker Forvia to invest β¬70 m more in India
π China export curbs put $6.5 trillion global supply chains at risk: IEA
*Mint*
π RBI's special forex window could draw up to $85 billion, says SBI Research
π Centre nudges RRBs to ramp up digital banking to spur growth
π Lodha Developers plans to raise βΉ9,000 by selling Palava land to hyperscalers
π India's FCNR(B) scheme attracts $32 billion, surpasses 2013 deposit mobilisation
π Nvidia to invest $1 billion in Naverβs AI project
π Bank of Baroda confirms 1000 GB data leak, says customer data exposed via employee email
π Monolithisch India Delivers Record Quarterly Performance; Greenfield Expansion
π HCLTech becomes first Indian IT services firm to form small-business unit
π Quadria Capital steps up exits, eyes 1.5x payout from Fund III by early 2027
*News Headlines from Business News Agencies:*
*Business Standard*
π Industrial output growth at 7.3% in June under the new series: Govt data
π HyFun Foods to invest βΉ1,500 cr in Gujarat, MP; eyes IPO in 2-3 years
π Happiest Minds confident of maintaining guidance this fiscal: CEO
π India's spacetech startups raise $871 million as private sector takes off
π Flipkart's Ekart opens nationwide logistics network to third-party biz
π WazirX launches free crypto tax reporting tool ahead of tax filing deadline
π Crisil upgrades Vedanta Power's long-term bank facility rating to AA+
π US, Japan urge India to address export restrictions in farm sector
π Unilever India signals more price hikes as commodity inflation persists
π Solar power curtailment of 8133 GWh in April-June this year: Govt
π PMS industry AUM rises 1.8% to βΉ43 trn in June, client base surpasses 220k
π Oil markets under-pricing geopolitical supply shock, warns Mirae Asset
*Economic Times*
π Macroeconomic fundamentals of Indian economy remain strong amid global challenges
π Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concerns
π Brookfield sees 6.5 GW of AI data-centre capacity coming online in India
π Urea imports jump 83 pc to 103.5 lakh tonnes in FY26, DAP imports up 36 pc at 61.94 lakh tons: Government
π Govt cracks down on sugar hoarding, imposes 30-day stock limit from Aug 1 till Nov 30
π Alembic Pharma gets USFDA approval for generic chronic constipation treatment tablets
π ONGC board clears $500 million guarantee for MRPL's Saudi Aramco crude imports
π India plans up to quarter of 2027 LPG imports from US, sources say
π Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellation
π Odisha tightens iron ore grade checks after alleged royalty underreporting: Report
*Mint*
π Indiaβs Bitchat takedown might be its biggest own-goal yet in tech regulation
π Inflexor Ventures raises βΉ400 crore in first close of βΉ1,250 crore Fund III
π India launches first direct commercial freight train to Nepal from Kolkata
π Rapido takes Ownly food delivery into its main app in Bengaluru
πTrump turns up heat on RFK Jr. over vaccines, warms to Zelensky
π Welspun One to wind down its maiden βΉ500 crore logistics parks fund
π Redmi Note 17 India launch date confirmed, 8,000 mAh battery revealed
π SK Finance's early backers eye $50-60 million stake sale to Kenro Capital
π Bank of Baroda says employee email hack exposed customer data after alleged 1TB leak
*Business Standard*
π Industrial output growth at 7.3% in June under the new series: Govt data
π HyFun Foods to invest βΉ1,500 cr in Gujarat, MP; eyes IPO in 2-3 years
π Happiest Minds confident of maintaining guidance this fiscal: CEO
π India's spacetech startups raise $871 million as private sector takes off
π Flipkart's Ekart opens nationwide logistics network to third-party biz
π WazirX launches free crypto tax reporting tool ahead of tax filing deadline
π Crisil upgrades Vedanta Power's long-term bank facility rating to AA+
π US, Japan urge India to address export restrictions in farm sector
π Unilever India signals more price hikes as commodity inflation persists
π Solar power curtailment of 8133 GWh in April-June this year: Govt
π PMS industry AUM rises 1.8% to βΉ43 trn in June, client base surpasses 220k
π Oil markets under-pricing geopolitical supply shock, warns Mirae Asset
*Economic Times*
π Macroeconomic fundamentals of Indian economy remain strong amid global challenges
π Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concerns
π Brookfield sees 6.5 GW of AI data-centre capacity coming online in India
π Urea imports jump 83 pc to 103.5 lakh tonnes in FY26, DAP imports up 36 pc at 61.94 lakh tons: Government
π Govt cracks down on sugar hoarding, imposes 30-day stock limit from Aug 1 till Nov 30
π Alembic Pharma gets USFDA approval for generic chronic constipation treatment tablets
π ONGC board clears $500 million guarantee for MRPL's Saudi Aramco crude imports
π India plans up to quarter of 2027 LPG imports from US, sources say
π Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellation
π Odisha tightens iron ore grade checks after alleged royalty underreporting: Report
*Mint*
π Indiaβs Bitchat takedown might be its biggest own-goal yet in tech regulation
π Inflexor Ventures raises βΉ400 crore in first close of βΉ1,250 crore Fund III
π India launches first direct commercial freight train to Nepal from Kolkata
π Rapido takes Ownly food delivery into its main app in Bengaluru
πTrump turns up heat on RFK Jr. over vaccines, warms to Zelensky
π Welspun One to wind down its maiden βΉ500 crore logistics parks fund
π Redmi Note 17 India launch date confirmed, 8,000 mAh battery revealed
π SK Finance's early backers eye $50-60 million stake sale to Kenro Capital
π Bank of Baroda says employee email hack exposed customer data after alleged 1TB leak
*News Headlines from Business News Agencies:*
*Business Standard*
π SML Mahindra eyes new heavy trucks after M&M transfers CV business
π ACME Solar secures βΉ3,404 crore PFC funding for 250 MW FDRE project
π Inox Wind secures βΉ1,600 crore order from NLC India for 200 MW project
π Biocon gets Canadian health regulator's nod for Yesintek autoinjector pen
π BHEL bags order from Nigerian firm to supply 8 gas turbine generators
π L&T secures major EPC order for crude export infra from Kuwait Oil Company
π FCI sold rice to ethanol makers 40% below acquisition cost, govt tells RS
π Led by iPhones, India sees highest Q1 smartphone exports by value
π China completes world's largest 582-tonne superconducting magnet for 'Artificial Sun'
π India needs $2.4 trillion to build future-ready cities by 2050: Report
π OfBusiness reports net profit of βΉ724 crore in FY26 ahead of planned IPO
*Economic Times*
π India's mobile phone exports jump 165-fold in a decade to Rs 2.59 lakh crore: Govt
π NTPC eyes Rs 17 trillion capex to nearly triple capacity by FY37
π Cognizant forecasts weak quarterly revenue amid cautious client spending
π BlueStone, SafeGold launch platform to convert household gold into digital gold, earn annual returns
π SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon
π Rapidoβs Ownly eyes multi-city expansion starting next quarter
π Import restriction on low-priced PVC resin may push domestic prices: GTRI
π Consumer court junks plea against airline, 'enforcing baggage limit, check-in deadline no deficiency in service'
π India's top refiner IOCL scouts stakes in gas carriers as it plans higher US imports
π Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the wave
π AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, Nexus
π Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growth
*Mint*
π Japan's quake shakes Kumamoto, the city anchoring TSMC's βΉ1.91 lakh crore expansion
π Bajaj Housing Finance Q1 profit jumps 23% YoY to βΉ715 crore
πKenya Govt Orders Tata Chem Arm To Suspend Mining Operations
π State-run HUDCO eyes zero NPA by FY27-end
π L Catterton hires Chetan Naik to deepen India consumer bets
π JSW One Platforms appoints bankers for $350-400 million IPO next year
π Tata Communications sees $1 bn opportunity in connecting data centres
π Warner Bros. Deal Collapse Would Cost the Ellisons $9.8 Billion
π DMart bets on tech, execution for next growth phase
*Business Standard*
π SML Mahindra eyes new heavy trucks after M&M transfers CV business
π ACME Solar secures βΉ3,404 crore PFC funding for 250 MW FDRE project
π Inox Wind secures βΉ1,600 crore order from NLC India for 200 MW project
π Biocon gets Canadian health regulator's nod for Yesintek autoinjector pen
π BHEL bags order from Nigerian firm to supply 8 gas turbine generators
π L&T secures major EPC order for crude export infra from Kuwait Oil Company
π FCI sold rice to ethanol makers 40% below acquisition cost, govt tells RS
π Led by iPhones, India sees highest Q1 smartphone exports by value
π China completes world's largest 582-tonne superconducting magnet for 'Artificial Sun'
π India needs $2.4 trillion to build future-ready cities by 2050: Report
π OfBusiness reports net profit of βΉ724 crore in FY26 ahead of planned IPO
*Economic Times*
π India's mobile phone exports jump 165-fold in a decade to Rs 2.59 lakh crore: Govt
π NTPC eyes Rs 17 trillion capex to nearly triple capacity by FY37
π Cognizant forecasts weak quarterly revenue amid cautious client spending
π BlueStone, SafeGold launch platform to convert household gold into digital gold, earn annual returns
π SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon
π Rapidoβs Ownly eyes multi-city expansion starting next quarter
π Import restriction on low-priced PVC resin may push domestic prices: GTRI
π Consumer court junks plea against airline, 'enforcing baggage limit, check-in deadline no deficiency in service'
π India's top refiner IOCL scouts stakes in gas carriers as it plans higher US imports
π Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the wave
π AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, Nexus
π Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growth
*Mint*
π Japan's quake shakes Kumamoto, the city anchoring TSMC's βΉ1.91 lakh crore expansion
π Bajaj Housing Finance Q1 profit jumps 23% YoY to βΉ715 crore
πKenya Govt Orders Tata Chem Arm To Suspend Mining Operations
π State-run HUDCO eyes zero NPA by FY27-end
π L Catterton hires Chetan Naik to deepen India consumer bets
π JSW One Platforms appoints bankers for $350-400 million IPO next year
π Tata Communications sees $1 bn opportunity in connecting data centres
π Warner Bros. Deal Collapse Would Cost the Ellisons $9.8 Billion
π DMart bets on tech, execution for next growth phase
*News Headlines from Business News Agencies:*
*Business Standard*
π UP lines up βΉ6 trn investment projects, targets βΉ8 trn for GBC 5.0
π RIICO gets 449 applications for 240 industrial plots in Rajasthan
πIndustry concerns prompt GSTN to defer proposed e-way bill enhancements
π SpaceX tightens supply chain rules, excludes Chinese nationals, components
πM3M India to invest βΉ600 crore to build commercial project in Gurugram
πKudankulam nuclear project costs jump 55% after delays due to Ukraine war
π FSSAI suspends licence of Dior Pharmaceuticals for violations at factory
π India's critical minerals demand set to surge 10 times by 2047: Report
πGold rises βΉ176 on MCX amid short covering; silver drops βΉ1,479
πTakeMe2Space's PowerBank-50 becomes first India-made satellite battery
π HFCL bags fresh order for optical fibre cable exports worth βΉ441 crore
*Economic Times*
π India takes action against 90% of inspected high-risk pharmaceutical facilities, regulator says
πIndiaβs merchandise exports to new FTA partners are expected to reach $1 trillion by 2035: ASSOCHAM
π European Union aims for seven AI gigafactories with β¬10 billion plan in race with US, China
π Google, RAI partner to drive digital adoption across over 600,000 retail storefronts
π Comprehensive work plan in India-EU FTA to address carbon tax concerns: official
π Instamart operating-level breakeven hinges on order volumes expanding 2.5x
π Reliance ramps up diesel exports to Europe, Brazil in July, sources say
π ChrysCapital acquires controlling 70.68% stake in Novartis India in first majority pharma investment
π Vedanta announces demerger of real estate business into new listed company
πCupid increases investment by $5 million in GIIβs Healthcare-focused platform
πRhetan TMT sets up solar project to cut energy costs
π NLC India arm NIRL to set up 900 MW solar power project
*Mint*
πIndia to include E2Ws, E3Ws in cybersecurity rules for EVs
πADA acquires Algonomy, strengthening its intelligent growth platform
π SpaceX secures $1.6 billion order for 18 Falcon 9 missions carrying Pentagon satellites by 2027
πBrookfield announces $600 million renewable energy platform for India
π NCLAT rejects DoT plea in Rolta insolvency, upholds βΉ900-crore resolution plan
π Aditya Birla Fashion to open Galeries Lafayette store every two years
π Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate
πAirbus Boosting Capabilities to Help Fight Fires Ravaging Europe
π Zee drags Blinkit to Delhi HC over alleged Instagram copyright infringement
*Business Standard*
π UP lines up βΉ6 trn investment projects, targets βΉ8 trn for GBC 5.0
π RIICO gets 449 applications for 240 industrial plots in Rajasthan
πIndustry concerns prompt GSTN to defer proposed e-way bill enhancements
π SpaceX tightens supply chain rules, excludes Chinese nationals, components
πM3M India to invest βΉ600 crore to build commercial project in Gurugram
πKudankulam nuclear project costs jump 55% after delays due to Ukraine war
π FSSAI suspends licence of Dior Pharmaceuticals for violations at factory
π India's critical minerals demand set to surge 10 times by 2047: Report
πGold rises βΉ176 on MCX amid short covering; silver drops βΉ1,479
πTakeMe2Space's PowerBank-50 becomes first India-made satellite battery
π HFCL bags fresh order for optical fibre cable exports worth βΉ441 crore
*Economic Times*
π India takes action against 90% of inspected high-risk pharmaceutical facilities, regulator says
πIndiaβs merchandise exports to new FTA partners are expected to reach $1 trillion by 2035: ASSOCHAM
π European Union aims for seven AI gigafactories with β¬10 billion plan in race with US, China
π Google, RAI partner to drive digital adoption across over 600,000 retail storefronts
π Comprehensive work plan in India-EU FTA to address carbon tax concerns: official
π Instamart operating-level breakeven hinges on order volumes expanding 2.5x
π Reliance ramps up diesel exports to Europe, Brazil in July, sources say
π ChrysCapital acquires controlling 70.68% stake in Novartis India in first majority pharma investment
π Vedanta announces demerger of real estate business into new listed company
πCupid increases investment by $5 million in GIIβs Healthcare-focused platform
πRhetan TMT sets up solar project to cut energy costs
π NLC India arm NIRL to set up 900 MW solar power project
*Mint*
πIndia to include E2Ws, E3Ws in cybersecurity rules for EVs
πADA acquires Algonomy, strengthening its intelligent growth platform
π SpaceX secures $1.6 billion order for 18 Falcon 9 missions carrying Pentagon satellites by 2027
πBrookfield announces $600 million renewable energy platform for India
π NCLAT rejects DoT plea in Rolta insolvency, upholds βΉ900-crore resolution plan
π Aditya Birla Fashion to open Galeries Lafayette store every two years
π Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate
πAirbus Boosting Capabilities to Help Fight Fires Ravaging Europe
π Zee drags Blinkit to Delhi HC over alleged Instagram copyright infringement
β€1
*News Headlines from Business News Agencies:*
*Business Standard*
π West Asia, project delays dent highway building in April-May FY27
π Indian drugmakers in no rush to shift to US despite tariff threat
π Govt raises semiconductor demand forecast 50% to $150 billion by 2030
π Vedanta sees 67% rise in FY27 Ebitda to $10 billion, says CFO Ajay Goel
π Ramkrishna Forgings expects exports to recover on stronger global orders
π M&M eSUV biz shifts gear from βΉ101 cr loss to βΉ288 cr profit in a year
π Insurers expect claims worth βΉ5K cr amid floods, waterlogging in Gujarat
π Bokaro Steel posts best Q1 among SAIL plants, Ebitda at βΉ1,154 crore
*Economic Times*
π India may restore transmission fee waivers for delayed clean energy projects
π Government aims to complete Mumbai's Coastal Road project by Dec 2028: Union Minister Piyush Goyal
π FSSAI names United Spirits, INBREW in crackdown over added flavours voilation in alco-bev products
π Corporate, personal loans drive 63% of bank credit growth
π Shivalik Small Finance Bank completes merger with ManiBhavnam Home Finance
π PV sales grow 33% in July at 4.7 lakh, Maruti, Hyundai log record sales
π IndiGo's Next Flight Plan: Airline targets bigger global push, diaspora traffic through India
π Universal Music adopts China playbook to drive paid music streaming in India
*Mint*
π Piped gas demand rises as India's LPG sales fall; petrol, diesel consumption jumps in July
π Sebi order against Zee likely to delay planned βΉ3,143-crore fundraise
π OPEC+ approves 188,000 bpd oil output hike for September
π Small-cap funds outperform all major equity categories in FY27 so far
π Brewer Lion returns to India after 60 years, enters Delhi with premium beer
π Fuel security key to energy transition: Indian Oilβs Saumitra Srivastava
π Skoda drives Volkswagen Indiaβs profit revival, backed by parent support
π Mahindra Lifespace doubles down on premium homes to chase record FY27
*Business Standard*
π West Asia, project delays dent highway building in April-May FY27
π Indian drugmakers in no rush to shift to US despite tariff threat
π Govt raises semiconductor demand forecast 50% to $150 billion by 2030
π Vedanta sees 67% rise in FY27 Ebitda to $10 billion, says CFO Ajay Goel
π Ramkrishna Forgings expects exports to recover on stronger global orders
π M&M eSUV biz shifts gear from βΉ101 cr loss to βΉ288 cr profit in a year
π Insurers expect claims worth βΉ5K cr amid floods, waterlogging in Gujarat
π Bokaro Steel posts best Q1 among SAIL plants, Ebitda at βΉ1,154 crore
*Economic Times*
π India may restore transmission fee waivers for delayed clean energy projects
π Government aims to complete Mumbai's Coastal Road project by Dec 2028: Union Minister Piyush Goyal
π FSSAI names United Spirits, INBREW in crackdown over added flavours voilation in alco-bev products
π Corporate, personal loans drive 63% of bank credit growth
π Shivalik Small Finance Bank completes merger with ManiBhavnam Home Finance
π PV sales grow 33% in July at 4.7 lakh, Maruti, Hyundai log record sales
π IndiGo's Next Flight Plan: Airline targets bigger global push, diaspora traffic through India
π Universal Music adopts China playbook to drive paid music streaming in India
*Mint*
π Piped gas demand rises as India's LPG sales fall; petrol, diesel consumption jumps in July
π Sebi order against Zee likely to delay planned βΉ3,143-crore fundraise
π OPEC+ approves 188,000 bpd oil output hike for September
π Small-cap funds outperform all major equity categories in FY27 so far
π Brewer Lion returns to India after 60 years, enters Delhi with premium beer
π Fuel security key to energy transition: Indian Oilβs Saumitra Srivastava
π Skoda drives Volkswagen Indiaβs profit revival, backed by parent support
π Mahindra Lifespace doubles down on premium homes to chase record FY27
*News Headlines from Business News Agencies:*
*Business Standard*
π Rise in wholesale inflation driven by global commodity, energy costs: Govt
π India's airport passenger handling capacity crosses 580 million: Govt
π Govt issues draft notification for phased V2V communication systems
π Jindal Stainless Q1FY27: Profit rises 7.6% to βΉ769 crore, revenue up 11%
π Ather Energy Q1FY27 result: Net loss narrows to βΉ51 crore, sales jump 81%
π Trai launches revamped version of MyCall app to improve call quality
π MV Electrosystems IPO booked 101x so far, GMP at 26%
π Essar Group plans $5.8 billion energy transition investment in UK by 2035
π Disputed tax demand drops βΉ16,690 cr after hike in tax appeal limits: Govt
π RBI MPC meet begins amid expectations of status quo on interest rates
π Corrosion costs India βΉ14.1 trn annually; infra, energy worst-hit: Report
π EU in talks with OpenAI, Anthropic after rogue AI agent hacking incidents
*Economic Times*
π India's retail real estate leasing hits four-year high amid supply constraints
π Total annual passenger handling capacity at Indian airports rose to over 580 mn: Govt
π RoadGrid gets government backing to expand EV charger manufacturing
π SBI, HSBC and ICICI lead India's overseas deposit drive, data shows
π Battery Smart may file IPO papers in September-October; eyes 70-80% annual growth
π Govt cites global commodity, energy costs for rise in wholesale price inflation
π GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vessels
π UFlex commissions first overseas WPP bags plant in Mexico
π India's EV sales hit record high as e-2W cross 2 lakh mark
π FSSAI bars Diageo, Inbrew's select Antiquity Blue, Bagpiper liquor over flavouring
π Government eyes co-investment with venture capitalists to make larger funds available under ISM 2.0
*Mint*
π Power grid, digital connectivity key hurdles in India's AI push, say experts
π Govt moots vehicle-to-vehicle communication in new vehicles from Oct 2028
π Flexi-cap funds favour large caps with 61% allocation, says report
π Govt invites applications for DCGI as expanded eligibility triggers opposition
π Blackstone-backed Aadhar Housing sees no need to raise capital for four years
π AstraZeneca sinks 7% on report of historic Bristol Myers Squibb merger talks
π Indiaβs IPO Boom Cools as Weak Markets Force Issuers to Cut Back
π FPIs turn net buyers in cash market for first time since war began
π Swiggy, Eternal take different routes to food delivery growth
*Business Standard*
π Rise in wholesale inflation driven by global commodity, energy costs: Govt
π India's airport passenger handling capacity crosses 580 million: Govt
π Govt issues draft notification for phased V2V communication systems
π Jindal Stainless Q1FY27: Profit rises 7.6% to βΉ769 crore, revenue up 11%
π Ather Energy Q1FY27 result: Net loss narrows to βΉ51 crore, sales jump 81%
π Trai launches revamped version of MyCall app to improve call quality
π MV Electrosystems IPO booked 101x so far, GMP at 26%
π Essar Group plans $5.8 billion energy transition investment in UK by 2035
π Disputed tax demand drops βΉ16,690 cr after hike in tax appeal limits: Govt
π RBI MPC meet begins amid expectations of status quo on interest rates
π Corrosion costs India βΉ14.1 trn annually; infra, energy worst-hit: Report
π EU in talks with OpenAI, Anthropic after rogue AI agent hacking incidents
*Economic Times*
π India's retail real estate leasing hits four-year high amid supply constraints
π Total annual passenger handling capacity at Indian airports rose to over 580 mn: Govt
π RoadGrid gets government backing to expand EV charger manufacturing
π SBI, HSBC and ICICI lead India's overseas deposit drive, data shows
π Battery Smart may file IPO papers in September-October; eyes 70-80% annual growth
π Govt cites global commodity, energy costs for rise in wholesale price inflation
π GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vessels
π UFlex commissions first overseas WPP bags plant in Mexico
π India's EV sales hit record high as e-2W cross 2 lakh mark
π FSSAI bars Diageo, Inbrew's select Antiquity Blue, Bagpiper liquor over flavouring
π Government eyes co-investment with venture capitalists to make larger funds available under ISM 2.0
*Mint*
π Power grid, digital connectivity key hurdles in India's AI push, say experts
π Govt moots vehicle-to-vehicle communication in new vehicles from Oct 2028
π Flexi-cap funds favour large caps with 61% allocation, says report
π Govt invites applications for DCGI as expanded eligibility triggers opposition
π Blackstone-backed Aadhar Housing sees no need to raise capital for four years
π AstraZeneca sinks 7% on report of historic Bristol Myers Squibb merger talks
π Indiaβs IPO Boom Cools as Weak Markets Force Issuers to Cut Back
π FPIs turn net buyers in cash market for first time since war began
π Swiggy, Eternal take different routes to food delivery growth
Ipo update
Too many issues back to back in next three days
Leap Indian good unique monopoly business with no listed comparable however believe valuations stretched and can be avoided and looked at lower levels post listing.
Technocraft is a diversified epc company in water and waste infrastructure. While Good financials and execution in a very competitive space and highly dependendant on government contracts and high competition. One can apply for minor listing gain.
Also need to consider tomorrow Dhoot and Molbio closing which on paper look better bets. Please evaluate basis availability of funds.
#TradeAdda #IPO #IPOWATCH
Too many issues back to back in next three days
Leap Indian good unique monopoly business with no listed comparable however believe valuations stretched and can be avoided and looked at lower levels post listing.
Technocraft is a diversified epc company in water and waste infrastructure. While Good financials and execution in a very competitive space and highly dependendant on government contracts and high competition. One can apply for minor listing gain.
Also need to consider tomorrow Dhoot and Molbio closing which on paper look better bets. Please evaluate basis availability of funds.
#TradeAdda #IPO #IPOWATCH
π1
Ipo update
Dhoot transmission is one of India largest electrical and electronics company with strong R&D product portfolio and experiences management team. It primarily supply's wiring harness and electrical distribution systems for automotive and non automotive applications. As such one can apply for listing as well as Long Term.
Molbio Diagnostic is a global point of care molecular diagnostic company engaged in research and commercialization of rapid diagnostic solutions for infectious and non communicable diseases. Having a strong patent base global certifications it has established as a leading innovator. One can apply for listing gain.
#TradeAdda #IPO #IPOWATCH
Dhoot transmission is one of India largest electrical and electronics company with strong R&D product portfolio and experiences management team. It primarily supply's wiring harness and electrical distribution systems for automotive and non automotive applications. As such one can apply for listing as well as Long Term.
Molbio Diagnostic is a global point of care molecular diagnostic company engaged in research and commercialization of rapid diagnostic solutions for infectious and non communicable diseases. Having a strong patent base global certifications it has established as a leading innovator. One can apply for listing gain.
#TradeAdda #IPO #IPOWATCH
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*Economic Times*
π Cabinet greenlights βΉ13,041 crore for new rail and road projects
π Pharma giant Cipla completes merger with wholly-owned subsidiary Inzpera Health Sciences
π No takers: Public sector banks put βΉ39,000 cr of bad loans up for sale again
π India may see family wealth worth $1.5 trillion change hands in 10 years
π Mumbai records 16 luxury property deals per day in Q1, transactions cross Rs 14,900 crore
π Escorts Kubota announces Rs 2,000 cr investment on new plant in UP
π India's July crude oil imports rise over 9% month-on-month
π Prosus invests $100 million in Navi at $1.3 billion valuation
π AlgoFET secures Rs 15 crore from Piper Serica to scale autonomous drone infrastructure
π RIL plans βΉ2.73 lakh cr coal gasification project
π RBI flags inflation risks, says rate recalibration needs greater clarity
*Business Standard*
π Shiprocket shares make a solid debut, list at 35% premium over IPO price
π NCLT lets SpiceJet lessor withdraw IBC plea, imposes βΉ15 lakh costs
π KKR signs definitive agreement to acquire minority stake in BookMyShow
π China youth unemployment up to 17.9% as graduate numbers grow, growth slows
π Siguler Guff raises $500 mn fund to invest in India's mid-market firms
π Vedanta's net-zero investments cross $1 billion; renewable use up 52%
π Hyundai Motor India to hike vehicle prices by up to 1% from September
π CtrlS raises βΉ250 cr from entrepenuers Nikhil Kamath, Sreeram Reddy Vanga
π Equal access for women can lift India's farm output by βΉ2 trillion: Report
π IDFC First Bank raises $500 million via maiden international bond issuance
π Tiger Global-backed Upstox begins talks for potential $400 million IPO
π CCI revises commitment rules as Google, IndiGo proposals await decision
π Bagmane Prime Office Reit aims to nearly double portfolio in 7-8 years
π CBI books Gensol, BluSmart founders over alleged βΉ672 crore loss
π Indian startup Murf AI aims to compete with OpenAI in crowded voice arena
π CV loans see stress, used-car finance races ahead: CRIF report
π Marvell Tech gives Google right to buy up to $12.2 billion in shares
π Amazon India expands operations on Western Dedicated Freight Corridor
π RE bidding activity declines to 14.7 GW in FY26 from 40.6 GW: ICRA
*Financial Express*
π Flipkart in talks with 300 eateries for food biz pilot
π Vehicle finance enters new phase of premium-led, diversified growth: CRIF
π Uber, Ola, Rapido bypass govt call to cancel pre-ride tip
π Parijat Industries and HELM announce strategic collaboration to expand crop protection and agri-input offerings
π Govt to extend infra viability schemes till FY31 with tweaks
πSEBI impounds Rs 3.7-crore gains over manipulative CAS trades
π Crude import bill soars 57% to $63 billion in April-July
π Nelcoβs direct-to-device satcom set for 2028 launch
*Mint*
π Anthropic may raise credit line above $10 billion ahead of IPO
π Sebi asks brokers to accept orders in first five minutes of CAS
π UAE halts trade, financial ties with Iran after alleged missile attack
π Masayoshi Son bets $12 bn on Intel, puts 67% of SoftBank's US portfolio in it
π US Set to Cut Tariffs on Canada Metals, Autos in Trade Deal
π HEG receives NCLT approval for demerger scheme.
π Cabinet greenlights βΉ13,041 crore for new rail and road projects
π Pharma giant Cipla completes merger with wholly-owned subsidiary Inzpera Health Sciences
π No takers: Public sector banks put βΉ39,000 cr of bad loans up for sale again
π India may see family wealth worth $1.5 trillion change hands in 10 years
π Mumbai records 16 luxury property deals per day in Q1, transactions cross Rs 14,900 crore
π Escorts Kubota announces Rs 2,000 cr investment on new plant in UP
π India's July crude oil imports rise over 9% month-on-month
π Prosus invests $100 million in Navi at $1.3 billion valuation
π AlgoFET secures Rs 15 crore from Piper Serica to scale autonomous drone infrastructure
π RIL plans βΉ2.73 lakh cr coal gasification project
π RBI flags inflation risks, says rate recalibration needs greater clarity
*Business Standard*
π Shiprocket shares make a solid debut, list at 35% premium over IPO price
π NCLT lets SpiceJet lessor withdraw IBC plea, imposes βΉ15 lakh costs
π KKR signs definitive agreement to acquire minority stake in BookMyShow
π China youth unemployment up to 17.9% as graduate numbers grow, growth slows
π Siguler Guff raises $500 mn fund to invest in India's mid-market firms
π Vedanta's net-zero investments cross $1 billion; renewable use up 52%
π Hyundai Motor India to hike vehicle prices by up to 1% from September
π CtrlS raises βΉ250 cr from entrepenuers Nikhil Kamath, Sreeram Reddy Vanga
π Equal access for women can lift India's farm output by βΉ2 trillion: Report
π IDFC First Bank raises $500 million via maiden international bond issuance
π Tiger Global-backed Upstox begins talks for potential $400 million IPO
π CCI revises commitment rules as Google, IndiGo proposals await decision
π Bagmane Prime Office Reit aims to nearly double portfolio in 7-8 years
π CBI books Gensol, BluSmart founders over alleged βΉ672 crore loss
π Indian startup Murf AI aims to compete with OpenAI in crowded voice arena
π CV loans see stress, used-car finance races ahead: CRIF report
π Marvell Tech gives Google right to buy up to $12.2 billion in shares
π Amazon India expands operations on Western Dedicated Freight Corridor
π RE bidding activity declines to 14.7 GW in FY26 from 40.6 GW: ICRA
*Financial Express*
π Flipkart in talks with 300 eateries for food biz pilot
π Vehicle finance enters new phase of premium-led, diversified growth: CRIF
π Uber, Ola, Rapido bypass govt call to cancel pre-ride tip
π Parijat Industries and HELM announce strategic collaboration to expand crop protection and agri-input offerings
π Govt to extend infra viability schemes till FY31 with tweaks
πSEBI impounds Rs 3.7-crore gains over manipulative CAS trades
π Crude import bill soars 57% to $63 billion in April-July
π Nelcoβs direct-to-device satcom set for 2028 launch
*Mint*
π Anthropic may raise credit line above $10 billion ahead of IPO
π Sebi asks brokers to accept orders in first five minutes of CAS
π UAE halts trade, financial ties with Iran after alleged missile attack
π Masayoshi Son bets $12 bn on Intel, puts 67% of SoftBank's US portfolio in it
π US Set to Cut Tariffs on Canada Metals, Autos in Trade Deal
π HEG receives NCLT approval for demerger scheme.
*News Headlines from Business News Agencies :*
*Business Standard :*
π RBI Guv expects $80 bn foreign-currency inflows from rupee support measures
π Alstom in talks with Indian Railways for 200 more e-locomotives order
π Mankind Pharma signs China pact to market insulin analogues in India
π Sebi to test bond tokenisation, eyes deeper corporate bond repo market
π PhonePe, MeitY sign MoU to integrate PulsePro data in PM GatiShakti portal
π Prudential Health India commences operations with tech-led health cover
π Aditya Birla Capital enters gold loan business, plans 1K branches in 3 yrs
π Urban Company taps Unicommerce to expand operations in UAE, Saudi Arabia
π Industry seeks input tax credit relief for data centres, GCCs, other biz
π Uttar Pradesh nets investment worth βΉ35,000 crore in renewable energy
π Glenmark receives US FDA approval for Fluticasone Propionate Nasal Spray
π HDFC Bank taps dollar bond market again, eyes $1 bn overseas debt raise
*Economic Times :*ββ
π Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: Sources
π India's REIT sector has substantial room to grow: CareEdge Ratings
π IRDAI bars Niva Bupa from opening new offices for six months
π Tata Consumer likely to take 'calibrated' price hikes if cost woes persist; eyes double-digit FY27 growth
π Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility
π Hindustan Power announces Rs 1,135-crore financial closure for solar project in UP
π Coal India plans Singapore trading hub in hunt for critical mineral assets: Sources
π Adaniβs Kutch Copper sees Rs 750-800 crore quarterly EBITDA this fiscal
π Smartphone prices rise as memory costs surge: Realme, Oppo, Vivo, Samsung, OnePlus hike rates
π India reworks oil map With Venezuela as Hormuz battlefield keeps Gulf flows in doubt
π Mumbaiβs prime residential marketβs capital values increased 1.4%
π HealthEdge leases 1.62 lakh sq ft in Thiruvananthapuram for new campus
π Kalyan Jewellers bets on regional jewellery brands to take on local players
*Mint :*
π India Ratings maintains neutral outlook for transportation infra in FY27
π Indiaβs infrastructure output grows 5.4% in July, down from revised 6% in June
π Centre asks PSBs, IBA to standardise contract-farming loans in 6-12 months
π Apple responds to OpenAIβs trade secrets theft lawsuit dismissal request
π NSE said to plan allowing trading its shares on own platform
π Ola launches βintroductory offerβ for home inverter Shakti Gen2
π Mutual funds turn to large-caps as FPIs retreat, retail shifts bets
π Govt orders large dealers to limit holding sugar inventories to 15 days
π LG Energy, once fixed on EV batteries, jumps to Plan B
*Business Standard :*
π RBI Guv expects $80 bn foreign-currency inflows from rupee support measures
π Alstom in talks with Indian Railways for 200 more e-locomotives order
π Mankind Pharma signs China pact to market insulin analogues in India
π Sebi to test bond tokenisation, eyes deeper corporate bond repo market
π PhonePe, MeitY sign MoU to integrate PulsePro data in PM GatiShakti portal
π Prudential Health India commences operations with tech-led health cover
π Aditya Birla Capital enters gold loan business, plans 1K branches in 3 yrs
π Urban Company taps Unicommerce to expand operations in UAE, Saudi Arabia
π Industry seeks input tax credit relief for data centres, GCCs, other biz
π Uttar Pradesh nets investment worth βΉ35,000 crore in renewable energy
π Glenmark receives US FDA approval for Fluticasone Propionate Nasal Spray
π HDFC Bank taps dollar bond market again, eyes $1 bn overseas debt raise
*Economic Times :*ββ
π Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: Sources
π India's REIT sector has substantial room to grow: CareEdge Ratings
π IRDAI bars Niva Bupa from opening new offices for six months
π Tata Consumer likely to take 'calibrated' price hikes if cost woes persist; eyes double-digit FY27 growth
π Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility
π Hindustan Power announces Rs 1,135-crore financial closure for solar project in UP
π Coal India plans Singapore trading hub in hunt for critical mineral assets: Sources
π Adaniβs Kutch Copper sees Rs 750-800 crore quarterly EBITDA this fiscal
π Smartphone prices rise as memory costs surge: Realme, Oppo, Vivo, Samsung, OnePlus hike rates
π India reworks oil map With Venezuela as Hormuz battlefield keeps Gulf flows in doubt
π Mumbaiβs prime residential marketβs capital values increased 1.4%
π HealthEdge leases 1.62 lakh sq ft in Thiruvananthapuram for new campus
π Kalyan Jewellers bets on regional jewellery brands to take on local players
*Mint :*
π India Ratings maintains neutral outlook for transportation infra in FY27
π Indiaβs infrastructure output grows 5.4% in July, down from revised 6% in June
π Centre asks PSBs, IBA to standardise contract-farming loans in 6-12 months
π Apple responds to OpenAIβs trade secrets theft lawsuit dismissal request
π NSE said to plan allowing trading its shares on own platform
π Ola launches βintroductory offerβ for home inverter Shakti Gen2
π Mutual funds turn to large-caps as FPIs retreat, retail shifts bets
π Govt orders large dealers to limit holding sugar inventories to 15 days
π LG Energy, once fixed on EV batteries, jumps to Plan B