Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.
India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'
Police in Pune have registered a case against two officials of Antony Lara Renewable Energy Pvt Ltd following the collapse of a three-storey building at a waste-to-energy project, which resulted in nine deaths. The officials are booked for culpable homicide and negligence, as preliminary inquiries suggest a lack of safety measures despite heavy rains and the proximity of a large waste mound. The Maharashtra government has formed a high-level technical committee to investigate the incident and recommend preventive measures.
Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.
A search and rescue operation is underway for at least 10 climbers, including renowned Nepali mountaineer Nirmal Purja, who are missing on Pakistan's Broad Peak following a suspected avalanche on Thursday.
Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
Pre-listing shareholder lock-ins for 53 companies, valued at $11 billion, are set to expire between July and September, according to an analysis by Nuvama Institutional Equities, though not all shares are expected to flood the open market.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
'An extremely, extremely sweet person.' 'He was the constant source of light and energy for everyone around him.'
A three-storey administrative building in Pimpri Chinchwad, Pune, collapsed after a huge mound of garbage, loosened by heavy rains, crashed onto it. At least 16 people are feared trapped inside, and rescue operations are underway.
'It's a very disturbing thing to go back to my life and say, why did I act in such sexist, C-grade films, films derogatory to women. They were just bad films, bad choices. So I did, and did I sell my soul? Of course I sold my soul.'
The death toll from the Moshi waste processing unit collapse near Pune has risen to nine after the body of the last missing person was recovered. The incident, which occurred on July 8, involved a three-storey administrative building collapsing due to an adjacent garbage mound landslide. The company operating the plant has offered compensation, medical expenses, and jobs to the victims' families, while describing the event as an "act of God."
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
'Making a film -- good or bad -- is extremely hard work, involving hundreds of people and at least two years from idea to release. When the audience rejects it, it is known to push makers into depression. And then there is the danger of theatres stopping the screenings after week one if footfalls don't improve.'
Jamshedpur FC has announced its withdrawal from the Indian Super League (ISL) starting from the 2026-27 season, hours after missing a payment deadline. The club stated its commitment to promoting and developing football at the grassroots level in India. This comes amidst a new agreement between AIFF and ISL clubs for a club-led model of the league.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.
Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.
A parliamentary standing committee on Information Technology has demanded a personal apology from Meta CEO Mark Zuckerberg for the temporary removal of Prime Minister Narendra Modi's video from Facebook. The committee also discussed potential legal action and the withdrawal of safe harbour protection, while questioning Meta officials on algorithmic bias and accountability.
India's largest IT services company, TCS, announced a 4.61 per cent increase in its net profit to Rs 13,349 crore for the June 2026 quarter, with revenues climbing nearly 14 per cent year-on-year.
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.
Extensive search operations are underway in Wayanad, Kerala, a day after a landslide at a tunnel road construction site claimed three lives. Five people remain missing, and authorities have registered a case of unnatural death. Rescue teams, including NDRF and cadaver dogs, are facing challenges due to ongoing rains and significant mud accumulation.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
The focus is now on accelerating PSP development through faster approvals, better-quality detailed project reports (DPRs), simplified clearances, and early excavation permissions. Speaking at a recent event, Prasad said hydropower and PSPs would be central to supporting India's renewable energy expansion by providing the reliable and flexible capacity needed to balance rising solar and wind generation. "A huge amount of variability is getting introduced into the grid.
The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.
'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Survivors of a tourist boat tragedy in Vietnam, which claimed 15 Indian lives, have expressed outrage over the absence of timely medical preparedness and trained personnel at the accident site, stating they were forced to perform CPR themselves in a desperate attempt to save fellow passengers.
The Enforcement Directorate has frozen bank deposits of the Trinamool Congress worth Rs 440 crore under the anti-money laundering law. This action follows searches in a funds misappropriation case, with allegations of significant transfers to a private aviation company and the purchase of luxury aircraft.
Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.
Shreyas Iyer leads a young Indian squad in a three-match T20I series against Zimbabwe, aiming for a crucial series win after recent defeats and facing selection dilemmas, particularly concerning the batting order and all-rounders.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Samsung Electronics has launched its new Galaxy Z8 series, featuring the Z Fold8 Ultra, Z Fold8, and Z Flip8. These foldable smartphones are thinner, lighter, and boast larger displays, AI capabilities, and enhanced durability through new Flex Titanium technology. Indian customers can pre-order the devices soon.
