Honda Motorcycle & Scooter India (HMSI) plans to create over 3,800 jobs and expand its annual two-wheeler production capacity to 80 lakh units by 2028, reinforcing India's role as a global manufacturing and export hub for Honda.
The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran
Danish brewing giant Carlsberg has confidentially filed draft papers with India's markets regulator Sebi for an initial public offering (IPO) of its Indian business, joining a growing list of multinational companies looking to tap India's equity markets.
The United States military is scheduled to complete its withdrawal from Iraq by September 30, marking the end of a 23-year deployment that began with the 2003 invasion and later focused on combating the Islamic State group.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
Real estate startup Landeed plans to invest Rs 30 crore this fiscal year to expand its business, focusing on enhancing its AI-powered property title search engine, Terra. This investment will boost GPU infrastructure, develop specialised language models, and improve Indic OCR for Indian property records, aiming to streamline property due diligence across 26 states and 4 union territories.
Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.
Karnataka Minister Priyank Kharge has stated the state government's "zero tolerance" policy regarding the alleged abuse of toddlers at a Bengaluru daycare centre. An explanation has been sought from the company, and action will be taken based on the inquiry report. Five nannies have been arrested, and police are investigating the alleged physical and mental abuse.
A Flipkart delivery executive has been arrested in Bengaluru after allegedly making an obscene gesture towards a woman, prompting a police investigation and Flipkart's termination of his engagement.
'The order has no practical effect unless and until he chooses to enter Singapore.'
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.
India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.
'Midcaps and smallcaps are the 'go-to segments' for retail investors.'
India's fair trade regulator, the Competition Commission of India (CCI), has dismissed a complaint alleging anti-competitive conduct against Reliance Jio Infocom Ltd and over 4,500 other firms across various sectors, citing a lack of specific evidence.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has successfully restored electricity to over 2 lakh consumers in the flood-affected Vasai-Virar region within 12 hours of floodwaters receding, deploying boats to inspect submerged transformers and repair damaged infrastructure.
...and 3 lakh for harassment.
While recovery efforts are ongoing, the likelihood of recovery currently appears low.
Shares of Tata group's retail firm Trent slumped over 11 per cent after its June quarter standalone revenue growth of 19 per cent to Rs 5,666 crore missed market expectations, which had anticipated a 22 per cent year-on-year increase.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
An 18-year-old NEET aspirant allegedly died by suicide by jumping from the 16th floor of a residential society in Faridabad on Thursday after evaluating her likely score using the answer key released by the NTA earlier this week and finding it lower than she had hoped, the police said.
Maharashtra's Food and Drug Administration (FDA) has issued a notice to a spice and dry fruits shop in Pune, owned by the family of Siya Goyal, an accused in a murder case, ordering it to cease operations due to alleged violations of food safety norms, including suspected adulteration and labelling issues.
Indian benchmark indices, Sensex and Nifty, saw early gains, primarily driven by IT stocks, amidst expectations of a less aggressive monetary policy from the US Federal Reserve following softer inflation data. Global market trends and upcoming Q1 results are also influencing investor sentiment. Track Sensex, Nifty on july 16.
Messaging platform Telegram has submitted its reply to the IT Ministry's notice regarding its 'username' feature, which allows users to communicate without sharing phone numbers, following a similar submission by WhatsApp.
Security has been increased at Jantar Mantar in New Delhi ahead of Delhi Chief Minister Arvind Kejriwal's visit to meet activist Sonam Wangchuk, who is on a hunger strike protesting NEET irregularities. Kejriwal has expressed support for the protest and its demand for the Union Education Minister's resignation.
Retail major Trent is embarking on a robust expansion plan, aiming for significant growth through new store additions for Westside and Zudio, diversification into new formats like Samoh and Burnt Toast, and a projected recovery in like-for-like (LFL) growth.
Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
Spain captain Rodri has expressed his team's ambition and hunger ahead of the World Cup final against Argentina. He highlighted Spain's gradual growth and well-rounded team play, while acknowledging Argentina's competitive spirit and the formidable presence of Lionel Messi. Rodri anticipates a physical battle and draws inspiration from Spain's 2010 World Cup victory.
The launch also marks the debut of HPCL's newly launched HP Navya, its next-generation 10 kg composite LPG cylinder, on Instamart.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
'The government has to act as one unit since the threat from these newer models will soon scale up.'
Info Edge (India), the company behind Naukri.com, has seen its startup investment portfolio, spanning AI, deeptech, and consumer tech, grow to Rs 41,300 crore from an investment of Rs 4,900 crore since 2007. This significant valuation increase comes despite headwinds in its core recruitment business, which has been impacted by weak hiring trends and IT sector uncertainty.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
A Nashik court has granted bail to TCS employee Nida Khan, arrested two months ago in connection with alleged sexual harassment and religious conversion cases at the company's unit. Her co-accused, Danish Shaikh, was denied bail. Khan's bail was sought on grounds of pregnancy, while the prosecution argued against it, citing evidence of sexual assault and religious coercion, including attempts to convert a Scheduled Caste victim. A Special Investigation Team is investigating nine such cases at the TCS Nashik unit, and TCS has stated a zero-tolerance policy.
Two nannies at a daycare centre on an IT firm's campus in Bengaluru have been arrested for allegedly abusing toddlers. The arrests followed viral videos showing caregivers threatening and mistreating children, prompting a strong response from Karnataka's Home Minister and the IT firm, Capgemini.
