GRAVITA INDIA:
CO COMMISSIONS 6,000 MTPA LI-ION RECYCLING AT MUNDRA; PLANS ₹1,780CR CAPEX FOR 8 LAKH MTPA GOAL
CO COMMISSIONS 6,000 MTPA LI-ION RECYCLING AT MUNDRA; PLANS ₹1,780CR CAPEX FOR 8 LAKH MTPA GOAL
SUBHASH GARG ON INDIA GDP 📊
Former Finance Secretary Subhash Chandra Garg has questioned the latest GDP numbers, arguing that India’s Q1 FY27 growth may be closer to 2.6% rather than the reported 7.8%.
• He pointed to the downward revision in the previous year’s GDP figures.
• His 2.6% calculation compares figures from the old and new GDP series.
• Government sources have rejected the calculation, saying it is statistically invalid because the two series are not directly comparable.
Former Finance Secretary Subhash Chandra Garg has questioned the latest GDP numbers, arguing that India’s Q1 FY27 growth may be closer to 2.6% rather than the reported 7.8%.
• He pointed to the downward revision in the previous year’s GDP figures.
• His 2.6% calculation compares figures from the old and new GDP series.
• Government sources have rejected the calculation, saying it is statistically invalid because the two series are not directly comparable.
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GOCL CORP:
CO ADVANCES SCHEME OF MERGER WITH 1,040MW HNPCL, TARGETS 600MW THERMAL EXPANSION
CO ADVANCES SCHEME OF MERGER WITH 1,040MW HNPCL, TARGETS 600MW THERMAL EXPANSION
Sergio Gor says Commerce Minister will be travelling for the G20 meetings, just in a few weeks, in the United States.
FED’S WILLIAMS:
YIELDS ARE RISING ON STRONG ECONOMY AND STRONG OUTLOOK – CNBC
YIELDS DON'T SEEM TO BE DRIVEN BY INFLATION OUTLOOK
YIELDS ARE RISING ON STRONG ECONOMY AND STRONG OUTLOOK – CNBC
YIELDS DON'T SEEM TO BE DRIVEN BY INFLATION OUTLOOK
ICICIBank Acquires Additional Stake Of Up to 2% Worth ₹1,470 Cr In ICICIPrudentialLife Insurance Company
Alert: After Acquisition Bank Holds Approximately 52.8% Stake In ICICI Pru Life
Alert: After Acquisition Bank Holds Approximately 52.8% Stake In ICICI Pru Life
FED’S WILLIAMS:
STRONG INVESTMENT DEMAND IS PRESSURING YIELDS UP
AT END OF DAY, IT'S FED'S JOB TO GET PRICE STABILITY, 2% INFLATION IS JOB NUMBER ONE
TARIFFS AND MIDDLE EAST WAR ARE BIG DRIVERS OF INFLATION OVER TARGET
NOT SEEING SECOND ROUND INFLATION IMPACT FROM TARIFFS
INFLATION EXPECTATIONS ARE CONTAINED
SEEING TREND TOWARD LOWER INFLATION
THE LABOR MARKET IS STABLE AND SOLID
STRONG INVESTMENT DEMAND IS PRESSURING YIELDS UP
AT END OF DAY, IT'S FED'S JOB TO GET PRICE STABILITY, 2% INFLATION IS JOB NUMBER ONE
TARIFFS AND MIDDLE EAST WAR ARE BIG DRIVERS OF INFLATION OVER TARGET
NOT SEEING SECOND ROUND INFLATION IMPACT FROM TARIFFS
INFLATION EXPECTATIONS ARE CONTAINED
SEEING TREND TOWARD LOWER INFLATION
THE LABOR MARKET IS STABLE AND SOLID
KD GREEN INDUSTRIES: ₹7.79 CR ORDER WIN 🚀
📌 Subsidiary Shivam Pipe Industries secured a ₹7.79 Cr order from Star Infratech.
⚡ Order is for supply of GI Steel Tubular Poles under the RDSS scheme in Meghalaya.
📅 Delivery expected in September 2026.
🟢 Positive: Strengthens order book and presence in the power distribution segment.
📌 Subsidiary Shivam Pipe Industries secured a ₹7.79 Cr order from Star Infratech.
⚡ Order is for supply of GI Steel Tubular Poles under the RDSS scheme in Meghalaya.
📅 Delivery expected in September 2026.
🟢 Positive: Strengthens order book and presence in the power distribution segment.
Anand Rathi Wealth to invest ₹5.49 cr in arm Anand Rathi FME via rights issue of equity share
PAGE INDUSTRIES:
CO RECEIVES DUBAI COURT NOTICE FROM YELLOW FLOWER TRADING FOR AED 113.55 CRORE CLAIM
CO RECEIVES DUBAI COURT NOTICE FROM YELLOW FLOWER TRADING FOR AED 113.55 CRORE CLAIM
SWIGGY
Co & Hero MotoCorp announce strategic partnership to empower delivery
Delivery partners to get exclusive pricing on Hero MotoCorp 2-wheelers
Up to 90% loan-to-value financing available for co delivery partners
Co & Hero MotoCorp announce strategic partnership to empower delivery
Delivery partners to get exclusive pricing on Hero MotoCorp 2-wheelers
Up to 90% loan-to-value financing available for co delivery partners
FLIPKART VENTURES INTO MICRODRAMAS
Flipkart explores microdramas to extend its content play into commerce
Company sees potential for short-form fiction in Tier 3, 4 cities
Microdramas could become a new engagement channel for Flipkart
Group co Pinkvilla, Pratilipi among players creating microdrama content for Flipkart
Flipkart looking at content as a gateway to deeper commerce engagement
Flipkart explores microdramas to extend its content play into commerce
Company sees potential for short-form fiction in Tier 3, 4 cities
Microdramas could become a new engagement channel for Flipkart
Group co Pinkvilla, Pratilipi among players creating microdrama content for Flipkart
Flipkart looking at content as a gateway to deeper commerce engagement
ENGINEERING EXPORTERS ON RUSSIA SANCTIONS BILL
Engineering exporters flag concern over Russia sanctions bill seeking 100% tariff on India
EEPC flags concern over Lindsey Graham sanctions bill and its impact on Indian exports
EEPC flagged concern at Commerce Ministry meet on US trade yesterday
Bill could give US President power to impose up to 100% tariffs on India over Russian oil purchases
India's engineering exports could face fresh tariff headwinds, EEPC Chairman Pankaj Chadha says
Graham Bill has cleared the US Senate and now faces the House test
Engineering exporters flag concern over Russia sanctions bill seeking 100% tariff on India
EEPC flags concern over Lindsey Graham sanctions bill and its impact on Indian exports
EEPC flagged concern at Commerce Ministry meet on US trade yesterday
Bill could give US President power to impose up to 100% tariffs on India over Russian oil purchases
India's engineering exports could face fresh tariff headwinds, EEPC Chairman Pankaj Chadha says
Graham Bill has cleared the US Senate and now faces the House test
KABRA EXTRUSIONTECHNIK: GEON GETS LOI FROM TOP-3 2-WHEELER MAKER FOR EV BATTERY PACKS
• GEON receives LOI from one of India’s top three 2-wheeler manufacturers.
• GEON will collaborate with the OEM to develop and supply battery packs for two battery programmes.
• Partnership strengthens Kabra’s presence in EV mobility and advanced battery solutions.
• Management sees the development as a key step in expanding its EV battery business.
• Order value, volumes and supply timeline are yet to be disclosed.
• GEON receives LOI from one of India’s top three 2-wheeler manufacturers.
• GEON will collaborate with the OEM to develop and supply battery packs for two battery programmes.
• Partnership strengthens Kabra’s presence in EV mobility and advanced battery solutions.
• Management sees the development as a key step in expanding its EV battery business.
• Order value, volumes and supply timeline are yet to be disclosed.
AMANTA HEALTHCARE: COMMENCES PRODUCTION AT NEW STERIPORT FACILITY
• Production commenced at the new SteriPort facility in Kheda, Gujarat.
• SteriPort is a two-port, leak-proof IV administration system designed for potent drugs used in Oncology and Intensive Care.
• Facility features higher automation to reduce human intervention and improve quality assurance and patient safety.
• Brownfield expansion expected to improve operational and financial efficiency.
• Management expects the expansion to support improvement in EBITDA margins.
• Production commenced at the new SteriPort facility in Kheda, Gujarat.
• SteriPort is a two-port, leak-proof IV administration system designed for potent drugs used in Oncology and Intensive Care.
• Facility features higher automation to reduce human intervention and improve quality assurance and patient safety.
• Brownfield expansion expected to improve operational and financial efficiency.
• Management expects the expansion to support improvement in EBITDA margins.
INDIA CEMENTS:
CO SIGNS AGREEMENTS TO ACQUIRE 26% STAKE IN AMPLUS TN ONE ENERGY FOR ₹14.06 CRORE
CO SIGNS AGREEMENTS TO ACQUIRE 26% STAKE IN AMPLUS TN ONE ENERGY FOR ₹14.06 CRORE
RBI
Total FCNR-B Deposit Inflows At $127 Bn
Total Forex Swap Windows Inflows At $136.4 Bn
OFCBs Inflows At $5.26 Bn, ECBs Inflows At $3.89 Bn
Banks Raised $136.38 Bn Under Fx Inflows Drive
Total FCNR-B Deposit Inflows At $127 Bn
Total Forex Swap Windows Inflows At $136.4 Bn
OFCBs Inflows At $5.26 Bn, ECBs Inflows At $3.89 Bn
Banks Raised $136.38 Bn Under Fx Inflows Drive
AMERICAN SOURCE OUR STRIKES WERE PREEMPTIVE AGAINST AN IRANIAN PLOT TO TARGET THE SUBMARINE CABLES IN HORMUZ
AXISCADES Technologies to consider fund raise of up to ₹200 crore via NCDs on September 5, 2026.
Muthoot Finance appoints Alexander George as Managing Director, effective October 1, 2026,