ICICI Bank, Prudential sign undertaking to defuse conflict-of-interest concerns ahead of Bharti Life deal
Sun, 05 Jul 2026 15:04:06 ISTThe undertaking, signed between the two promoters of ICICI Prudential Life on Saturday, seeks to address potential conflicts of interest arising from Prudential's proposed acquisition of Bharti Life.
India's outbound travel defies West Asia turmoil as Thailand, Australia, Singapore and US woo tourists
Sun, 05 Jul 2026 14:01:18 ISTIndian outbound tourism is showing no signs of slowing. Thailand has recorded 1.19 million Indian arrivals in 2026, while Singapore has received nearly half a million visitors.
Community apps find new ways to cash in on gated communities
Sun, 05 Jul 2026 12:42:07 ISTFirms like MyGate, Nobrokerhood and Park+ are using their access to affluent gated communities using divergent strategies to build sustainable businesses beyond subscription models.
Is Greaves Cotton's diversification strategy starting to pay off?
Sun, 05 Jul 2026 07:01:00 ISTThe engineering company says businesses spanning energy, industrial solutions and exports are reducing its reliance on diesel three-wheeler engines, while acquisitions remain on the agenda.
Akasa Air expands fleet to 40 aircraft with delivery of ninth Boeing 737 MAX in 2026
Sat, 04 Jul 2026 23:10:26 ISTThe aircraft was ferried to India via a multi-stop route that began in Seattle, United States, continued through Reykjavik, Iceland, and Cairo, Egypt, before completing its final journey to Bengaluru
OpenAI mulls 5% US government stake to share AI wealth with Americans: Report
Sat, 04 Jul 2026 20:04:10 ISTSuch a move, if eventually accepted by the Trump administration, could create an unusual relationship between the government and one of the world's leading AI companies
Why is Bank of Baroda paying $600 million to settle a case?
Sat, 04 Jul 2026 06:00:58 ISTWhile the bank has asserted that the settlement was reached without any admission of liability, it has revived allegations by NMC founder B.R. Shetty, who has long accused senior Bank of Baroda officials of colluding with former NMC executives in a fraud that caused the healthcare group’s collapse.
Victorinox bets bigger on India with exclusive stores, e-commerce push
Fri, 03 Jul 2026 20:11:58 ISTThe Swiss brand unveiled its India Vision 2030 roadmap, targeting five exclusive stores by 2028, a dedicated e-commerce platform and wider retail expansion as it seeks to tap rising demand for premium watches and lifestyle products.
JSW Steel kicks off ₹16,350 crore low-carbon steel project in Andhra Pradesh
Fri, 03 Jul 2026 16:30:55 ISTThe electric arc furnace plant is part of the steelmaker's ₹16,350 crore investment to expand capacity and produce lower-carbon steel.
Bank of Baroda's ₹5,700 crore NMC settlement to weigh on FY27 profitability
Fri, 03 Jul 2026 16:28:12 ISTA one-time legal payout equivalent to nearly 28% of the lender's FY26 net profit is expected to dent earnings, though analysts say its capital position and long-term growth remain intact.
Food inflation reshaped household consumption in FY26, says Nestle India CMD
Fri, 03 Jul 2026 15:53:14 ISTNestle India declared a special dividend of ₹2 per equity share with a face value of ₹1. Following the news, its shares rose over 1% on Friday
HCLTech said to have won $1.14 billion contract from Mercedes-Benz, ending three-year mega-deal drought
Fri, 03 Jul 2026 11:06:22 ISTThe deal assures HCLTech $228 million in annual revenue, translating to about 1.6% growth in FY27.
Tata Agratas increases loan to more than £1 billion, pushes back repayment deadline as battery project accelerates
Fri, 03 Jul 2026 06:00:31 ISTTata Group's UK battery unit Agratas will draw £1.15 billion in loans, a 53% increase, with lenders extending the repayment deadline to September 2027 as the Somerset gigafactory nears completion. The expanded funding follows a £350 million UK government grant.
Ferrari's former design house is hanging by a thread—extended by Tech Mahindra
Fri, 03 Jul 2026 05:55:51 ISTPininfarina was meant to diversify Tech Mahindra into high-end engineering and design, but a decade after the acquisition, it has become a financial burden.
Air India slashes fuel surcharges on long-haul international flights as oil prices fall: How airfares will change
Thu, 02 Jul 2026 23:00:05 ISTThe fuel surcharge for flights to North America and Australia has been lowered to $200 per ticket from $280. For services to Europe and the UK, the surcharge has been reduced to $125 from $205.
US ‘meritocratic’ made rise possible: Indra Nooyi says, ‘would never be Pepsi CEO in any other country, including India’
Thu, 02 Jul 2026 22:47:34 ISTIndra Nooyi, former PepsiCo CEO believes that the US meritocratic system, enabled her rise. Speaking to former US Secretary of State Condoleezza Rice, Nooyi said she never would have been “a chief executive of a global company in any other country, including India”.             
Trump administration and Anthropic did not have talks about government taking stakes in the AI firm: Report
Thu, 02 Jul 2026 22:42:13 ISTThe Trump administration and Anthropic have not discussed government stakes in the AI firm, The comments came after a media report suggested that OpenAI might offer a 5% stake to the US government.
Adani Enterprises launches $1.05 billion share sale, begins second phase of ₹16,600 crore fundraising
Thu, 02 Jul 2026 21:52:31 ISTGautam Adani-led Adani Enterprises  is returning to the equity market with a qualified institutional placement to raise at least ₹10,000 crore ($1.05 billion) from institutional investors, with an option to increase the issue size
Adani flagship seeks $1 billion via placement, terms show
Thu, 02 Jul 2026 21:14:19 ISTAdani Enterprises Ltd. is seeking to raise as much as 100 billion rupees ($1 billion) through a sale of shares to institutional investors as the ports-to-power conglomerate led by billionaire Gautam Adani overcomes legal challenges in the US.
Reliance Jio, Amazon Leo spar over proposed satellite network framework
Thu, 02 Jul 2026 20:28:25 ISTThe framework creates a new category of companies that would operate satellite communication networks. Licensed telecom, satellite internet providers would then use this infrastructure to deliver satellite internet services. Jio has opposed granting spectrum rights to these infrastructure providers.
Tesla Q2 auto sales jump 25%, beating expectations as higher fuel prices boost EV demand
Thu, 02 Jul 2026 20:21:17 ISTThe electric vehicle maker delivered 480,126 vehicles globally in the April-June quarter, a 25% increase from the same period last year.
Marico expects strong operating profit growth in Q1 as copra prices fall 45% from peak
Thu, 02 Jul 2026 18:43:18 ISTThe company expects consolidated revenue to grow in the early 20s, driven by robust broad-based performance across its core, digital and international businesses.
Tata Steel pushes UK profitability target to FY29
Thu, 02 Jul 2026 18:02:05 ISTTata Steel chairman N. Chandrasekaran says the UK business is expected to become Ebitda- and PAT-positive by FY29.
Bank of Baroda pays $600 million to settle NMC Health litigation
Thu, 02 Jul 2026 17:42:34 ISTThe settlement resolves all claims between the parties without any admission of liability or wrongdoing by the bank, according to the filing. Apart from the settlement amount, the terms of the agreement remain confidential.
Palantir’s Alex Karp says AI industry has ‘gone completely wrong’ with tokens; slams OpenAI, Anthropic
Thu, 02 Jul 2026 14:35:26 ISTAlex Karp, CEO of Palantir, criticized AI firms for relying on costly token models. He emphasized the need for companies to focus on return-on-investment approaches and raised concerns about data ownership and the rapid advancement of Chinese AI capabilities.
Adani takes on Birla, Vedanta with $11.5 billion aluminium bet
Thu, 02 Jul 2026 14:20:48 ISTThe proposed 2 mtpa plant in Odisha would also help India reduce its reliance on imported aluminium, a light-weight metal that is increasingly used in electric vehicles
Quick commerce, alcohol moderation fuel India's zero-proof drinks market as liquor giants, startups widen bets
Thu, 02 Jul 2026 13:46:32 ISTGrowing consumer interest in alcohol moderation is driving India's zero-proof beverage market. Brands such as Sober and Catwalk are expanding product portfolios and distribution, though profitability remains challenged by rising costs and competition.
Kunal Shah may have expected WhatsApp Pay's challenges. He didn't see the username battle coming
Thu, 02 Jul 2026 13:27:06 ISTWhatsApp's introduction of usernames in India has sparked controversy, leading the government to request a halt for review. Kunal Shah, the new global head, faces challenges in enhancing the platform's payment services amid scrutiny of user data safety and cybercrime prevention.
Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cable
Thu, 02 Jul 2026 13:16:09 ISTA consortium including Microsoft and Lightstorm plans to build the I-2SEA undersea cable connecting India, Malaysia, and Singapore, aimed at supporting AI and cloud infrastructure. The 3,600 km cable will be operational by late 2029, enhancing India's data capacity significantly.
Bhavin Turakhia's next act: A $30 million AI-native workplace platform to challenge Microsoft, Google
Thu, 02 Jul 2026 11:12:54 ISTBhavin Turakhia has invested $30 million of his own capital to build Neo, an AI-native workplace platform that lets humans and AI agents work together, challenging legacy productivity suites.
Regulatory cloud lifts, Vedanta readies Bokaro capacity doubling
Thu, 02 Jul 2026 08:15:26 ISTThe project was delayed by pending statutory approvals, including environmental clearances and consent-related approvals from regulators
Age Care Labs raises ₹85 crore to scale senior care services
Thu, 02 Jul 2026 06:02:44 ISTThe startup already runs two brands - Emoha, an app-based at-home care service for seniors, and Epoch, which provides assisted living and specialized eldercare services, including dementia care, palliative care, recovery and rehabilitation, and long-term care.
New KPI on the block: Indian companies from banking to consulting start appraising leaders on AI implementation
Thu, 02 Jul 2026 06:01:04 ISTIndia Inc is stitching AI adoption into senior leadership performance appraisals. Companies like Axis Bank now demand measurable AI outcomes, signaling a shift from experimentation to accountability-driven AI integration.
All eyes on OMCs' petrol, diesel prices as Nayara cuts fuel rates
Thu, 02 Jul 2026 05:50:43 ISTOMCs raised petrol and diesel prices for the first time on 15 May, after holding on during the first two months of the war. Over four separate days, petrol and diesel prices were cumulatively raised by around ₹7.5 per litre.
TVS's ₹2,000-crore Norton gamble is set for the market test
Thu, 02 Jul 2026 05:30:03 ISTTVS has spent nearly one-fifth of its ₹9,993 crore profit earned between 2020-21 and 2025-26 covering losses at its British premium motorcycle brand, Norton.
