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INDIA NEWS | Sun, 19 Jul 2026, 2:11PM IST Kabul: Afghanistan's top trading body has called for expanding trade and investment ties with India, stressing the need to ease business procedures, remove administrative barriers and facilitate the issuance of business visas.The proposals were discussed in Kabul during a meeting between Afghanistan Chamber of Commerce and Investment (ACCI) Chairman Sayed Karim Hashemi and Indian Ambassador to Afghanistan Yatin Patel.The two sides held talks "in the framework of a strategic and diplomatic dialogue", according to a statement released by the trading body on Saturday.Also Read: India, Afghanistan discuss trade, agri & connectivityThe meeting comes amid a sharp decline in Afghanistan's transit trade with neighbouring Pakistan, which fell to USD 367 million in FY26 from about USD 5 billion in FY21, as Kabul increasingly shifted to alternative trade routes, including through Iran.India has been strengthening connectivity with Afghanistan through Iran's Chabahar port, which provides direct access to the landlocked country while bypassing Pakistan, which does not allow overland transit of Indian goods to Afghanistan.India-Afghanistan bilateral trade stood at USD 907.85 million in 2025-26.India has also been stepping up engagement with Kabul, with Afghan Agriculture Minister Mawlawi Ataullah Omari visiting New Delhi earlier this month.According to the ACCI statement, Hashemi reaffirmed the trading body's commitment to strengthening long-term economic cooperation with India and highlighted the importance of facilitating trade procedures and institutional development in the private sector.Referring to his recent visit to India, Hashemi "stressed the need to sustain and deepen economic cooperation in the fields of agricultural exports, handicrafts, mining, and mineral resources.""He also presented several strategic proposals aimed at increasing Afghanistan's exports, including expanding access to target markets, improving logistics infrastructure, and facilitating the issuance of business visas," the statement added.The Indian ambassador welcomed the proposals and "reaffirmed India's support in the identified areas of cooperation. He stated that plans are underway to organise joint trade exhibitions, specialised business forums, and the exchange of trade delegations between the two countries", the statement said.The ACCI said both sides agreed to pursue sustainable cooperation in trade, investment and infrastructure development and strengthen long-term economic, political and cultural ties based on "transparency, efficiency and mutual benefit".Also Read: We want to foster peace, stability for people of Afghanistan: MEA reaffirms India's commitment to Afghan developmentIndia-Afghanistan bilateral trade has largely remained around the USD 1 billion mark over the past five years.India has built the 218-km Zaranj-Delaram highway in western Afghanistan, linking the Iranian border with Afghanistan's ring road network, to facilitate trade and humanitarian supplies. The route is seen as a key component of India's connectivity strategy with Afghanistan and Central Asia.

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INDIA BUSINESS | Sun, 19 Jul 2026, 2:02PM IST Emami Agrotech expects ten percent revenue growth this fiscal year. Strong demand for edible oils will drive this anticipated growth. The company is also expanding its food product portfolio. Geopolitical tensions and weather patterns remain key concerns for the business. Emami Agrotech will focus on brand building and food expansion.

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INDIA NEWS | Sun, 19 Jul 2026, 1:55PM IST As many as 88 companies, including Bharti Airtel, Hero MotoCorp, Abbott India and Info Edge, have fixed record dates for dividends, stock splits, bonus issues and other corporate actions this week. Investors must hold shares in their demat accounts on the respective record dates to be eligible. Here is the complete day-wise list of key corporate actions to track.As many as 88 companies, including Bharti Airtel, Hero MotoCorp, Abbott India, Info Edge and others, have fixed their record dates for corporate actions such as stock splits, bonus issues and dividends this week.Investors must hold shares of these companies in their demat accounts on the respective record dates to be eligible for the announced corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.Here is a day-wise list of corporate actions to watch out for:July 20 (Monday)Monday will see 12 stocks turn ex-record date for their respective dividends, while one stock will turn ex-record date for a stock split. Heavy engineering components maker Simplex Castings has fixed July 20 as the record date for its 1:5 stock split.Graphite India will pay a final dividend of Rs 7 per share, with the record date fixed on Monday. Textile player KPR Mill will pay a dividend of Rs 2.5 per share. Other companies that have fixed Monday as the record date for their respective dividends include AccelerateBS India (Rs 0.1 per share), Aditya Infotech (Rs 1.64 per share), Fairchem Organics (Rs 1 per share), Happy Forgings (Rs 4 per share), NDR Auto Components (Rs 4 per share), Nelcast (Rs 0.7 per share), Nesco (Rs 7 per share), Pokarna (Rs 0.6 per share), Quest Capital Markets (Rs 2.5 per share) and SPR Auto Technologies (Rs 5 per share).July 21 (Tuesday)Lead, lead alloys and plastic additives producer Pondy Oxides & Chemicals has fixed July 21 as the record date for its 2:5 stock split. Apart from this, eight companies have fixed Tuesday as the record date for their respective dividends.These include Angel One (Rs 1 per share), Cholamandalam Investment and Finance Company (Rs 0.7 per share), Indo Borax & Chemicals (final dividend of Rs 10 and special dividend of Rs 30), Jaro Institute of Technology Management and Research (Rs 3 per share), Ksolves India (Rs 4 per share), Laxmi Organic Industries (Rs 0.3 per share), Punjab & Sind Bank (Rs 0.39 per share) and Rainbow Children's Medicare (Rs 3.5 per share).Also read: Wall Street's chip index enters bear market! Is the AI bubble finally going bust?July 22 (Wednesday)Wednesday will see 11 stocks turn ex-record date for their respective dividends. Pressure cooker and kitchen appliances manufacturer Hawkins Cookers stands out with a hefty final dividend of Rs 140 per share, while mutual fund house Aditya Birla Sun Life AMC will pay a final dividend of Rs 25.5 per share.Apart from these, nine other companies have fixed Wednesday as the record date for their respective dividends. These include Cosmo First (Rs 4 per share), Goodricke Group (Rs 2 per share), HEG Ltd (Rs 3.4 per share), Menon Bearings (interim dividend of Rs 2 per share), Ram Ratna Wires (Rs 2.5 per share), Sanco Trans (Rs 4.5 per share), Sarla Performance Fibers (Rs 2 per share), Thangamayil Jewellery (Rs 18 per share) and Wires & Fabriks (S.A.) (Rs 0.1 per share).Notably, Triveni Engineering & Industries has also fixed Wednesday as the record date for the demerger of its power transmission business.July 23 (Thursday)Thursday will see 13 stocks turn ex-record date for their respective dividends. Credit rating agency ICRA Ltd stands out by rewarding shareholders with a final dividend of Rs 70 per share and a special dividend of Rs 35 per share, while welding and cutting equipment manufacturer Esab India will pay a final dividend of Rs 25 per share.Apart from these, 11 other companies have fixed Thursday as the record date for their respective dividends. These include ABM Knowledgeware (Rs 1.25 per share), Afcons Infrastructure (Rs 2 per share), Banswara Syntex (Rs 1 per share), Bhagiradha Chemicals & Industries (Rs 0.15 per share), D.B. Corp (interim dividend of Rs 5 per share), Mangalam Worldwide (Rs 0.3 per share), Oriental Hotels (Rs 0.65 per share), Paushak Ltd (Rs 2.5 per share), Pidilite Industries (Rs 11.5 per share), Precision Camshafts (Rs 1 per share) and Sudeep Pharma (Rs 1.5 per share).July 24 (Friday)Friday will see 34 stocks turn ex-record date for their respective dividends, one stock for its stock split, and one company executing both a bonus issue and a stock split. Pharma heavyweight Abbott India stands out by rewarding shareholders with a dual payout a final dividend of Rs 525 per share and a special dividend of Rs 131 per share.Voltamp Transformers will pay a substantial final dividend of Rs 100 per share, while telecom major Bharti Airtel will distribute Rs 24 per share. Software and IT services player Sasken Technologies will pay Rs 13 per share. Intellect Design Arena has also lined up a double reward, offering a final dividend of Rs 4 per share and a special dividend of Rs 3 per share.Apart from these, 28 other companies have fixed Friday as the record date for their respective dividends. These include Advanced Enzyme Technologies (Rs 1.35 per share), Bhageria Industries (Rs 2.5 per share), Birla Corporation (Rs 12.5 per share), Bombay Cycle & Motor Agency (Rs 5 per share), Chembond Chemicals (Rs 1.25 per share), Concord Biotech (Rs 7.55 per share), Cravatex Ltd (Rs 13 per share), Crompton Greaves Consumer Electricals (Rs 3 per share), Data Patterns (India) (Rs 10 per share), Divi's Laboratories (Rs 30 per share), Elcid Investments (Rs 25 per share), Fiem Industries (Rs 40 per share), Hero MotoCorp (Rs 75 per share), Info Edge (India) (Rs 3.6 per share), Joindre Capital Services (Rs 2 per share), Jubilant Ingrevia (Rs 2.5 per share), Jubilant Pharmova (Rs 5 per share), Karur Vysya Bank (Rs 2.6 per share), Kirloskar Brothers (Rs 7 per share), Lakshmi Electrical Control Systems (Rs 3 per share), Mitsu Chem Plast (Rs 0.2 per share), Neuland Laboratories (Rs 34 per share), Nitta Gelatin India (Rs 7 per share), Nocil Ltd (Rs 1.5 per share), Orient Bell (Rs 1 per share), PDS Ltd (Rs 1.65 per share), Radico Khaitan (Rs 9 per share), Refex Industries (Rs 1 per share), Rishabh Instruments (Rs 2 per share), Shetron Ltd (Rs 1 per share), SIL Investments (Rs 2.5 per share), Siyaram Silk Mills (Rs 5 per share), Steelcast Ltd (Rs 0.54 per share) and Swelect Energy Systems (Rs 3.5 per share).Moving beyond cash payouts, structural share adjustments will also close out the week. Kalind has fixed Friday as the record date for a dual corporate action: a 1:2 bonus issue along with a stock split, reducing the face value of shares from Rs 10 to Rs 2. Meanwhile, PS Raj Steels has also fixed Friday as the record date for its stock split, subdividing equity shares from a face value of Rs 10 to Rs 2.Also read: Bharti Airtel fixes record date for its highest-ever dividend of Rs 24/share. Whats the last date to buy?(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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INDIA BUSINESS | Sun, 19 Jul 2026, 1:53PM IST Emami Agrotech, which mainly sells edible oil, is expecting 10 per cent growth in revenue this fiscal to Rs 22,000 crore on strong demand, even as it remains watchful of risks attached with geopolitical tension, weather situation and commodity price volatility. A part of Kolkata-based Emami Group, the company posted a turnover of Rs 20,137 crore in 2025-26. It is the edible oil, biodiesel, and foods arm of Emami Group. In an interview with PTI, Emami Agrotech CEO and Director Sudhakar Rao Desai said: "We will continue to grow in edible oils and are also making inroads into the foods category with atta, maida, suji, soya nuggets and spices." The company, which operates in the edible oil category with brands as Healthy & Tasty and Best Choice, expects demand to remain robust during the upcoming festive season, aided by stable commodity prices and inventory replenishment across the trade channel. "As we go into the next three-four months and the festive season, consumption is bound .

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INDIA NEWS | Sun, 19 Jul 2026, 1:42PM IST Flight operations across the UAE continue largely as scheduled, but travellers could face disruptions on some routes as airlines adjust their schedules in response to the ongoing US-Iran conflict and wider regional security concerns. Services to Kuwait and parts of Saudi Arabia have been among the most affected, while several international airlines have extended suspensions on flights to Dubai and other Gulf destinations.Passengers are being advised to check the status of their flights directly with their airline before travelling to the airport, as schedules may change at short notice depending on operational and security developments.Kuwait and Saudi Arabia routes face the biggest impactFlights between the UAE and Kuwait have seen the most significant disruptions. Etihad Airways cancelled flights EY653 and EY654 between Abu Dhabi and Kuwait on July 19 and 20, citing operational reasons, while Emirates and Air Arabia also suspended multiple services on the route.Also Read: Indian community groups in UAE urge Centre to resolve passport service crisis, review fee hikeFlights to Abha in Saudi Arabia have also been affected. flydubai cancelled one of its Dubai-Abha services, while Air Arabia suspended selected flights between Sharjah and Abha. However, most domestic flights within Saudi Arabia continue to operate normally.UAE airlines continue wider operationsDespite disruptions on selected routes, UAE carriers continue to operate the majority of their networks.Also Read: Carrying original Emirates ID now key for UAE return travel: What residents should knowEtihad Airways said its network remains operational, although some flights may experience delays. Emirates is also operating most of its scheduled services and has advised passengers affected by cancellations to check available rebooking and refund options. flydubai has urged travellers departing from Dubai International Airport to arrive at least four hours before departure during the busy summer travel season, while Air Arabia said its operations continue from Sharjah, Abu Dhabi and Ras Al Khaimah, with disruptions largely limited to a small number of Kuwait and Saudi Arabia flights.International carriers extend suspensionsSeveral international airlines have also revised their schedules as regional tensions continue. Carriers including Singapore Airlines, British Airways, Air Canada, Lufthansa Group, SWISS, Cathay Pacific, KLM, Air France, ITA Airways and Wizz Air have either suspended or modified services to Dubai and other Gulf destinations for varying periods. Some airlines are offering affected passengers the option to rebook their journey or claim refunds in line with their ticket conditions.Why some flights are taking longerThe disruptions are largely being driven by airspace restrictions across parts of the Middle East. To avoid affected areas, many airlines are rerouting flights, resulting in longer journey times on some international services. These diversions may also lead to longer transit times, occasional baggage delays and last-minute schedule adjustments as airlines continue to monitor the security situation.Travellers are advised to verify the latest status of their flight on the airline's official website or mobile app before heading to the airport and ensure their contact details are updated to receive operational alerts. Airlines are also recommending that passengers arrive earlier than usual because of the busy summer travel period and the possibility of schedule changes.While UAE airports remain fully operational, airlines continue to review their schedules based on evolving regional developments. Passengers travelling in the coming days are advised to remain flexible and monitor airline updates until departure.

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INDIA BUSINESS | Sun, 19 Jul 2026, 1:19PM IST Naveen Jindal Group is discussing nuclear technology with global providers like EDF and Westinghouse. They are also exploring options with NPCIL for large module reactors. The conglomerate plans to develop eighteen gigawatts of nuclear power capacity. This initiative aims to contribute to India's ambitious nuclear energy targets. Discussions involve evaluating advanced reactor technologies for future deployment.

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INDIA BUSINESS | Sun, 19 Jul 2026, 1:10PM IST Naveen Jindal Group has initiated discussions with global nuclear technology providers including France-based EDF and Westinghouse of the US for its proposed nuclear power projects in India, a person in the know said. The Group is also in discussions with state-owned Nuclear Power Corporation of India (NPCIL) to explore possibilities of sourcing technology for future nuclear projects with large module reactors (LMRs) of 700 MW and above. The steel-to-ports conglomerate plans to develop around 18 GW of nuclear power capacity across multiple states with an estimated investment of Rs 2 lakh crore, contributing to the government's target of achieving 100 GW of nuclear power capacity by 2047. While evaluating sites across more than nine states, the Group has simultaneously initiated discussions with leading global nuclear technology providers. These include France's EDF, US-based Westinghouse and several other international technology companies, alongside NPCIL, to evaluate advanced ...

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INDIA MUTUAL FUNDS | Sun, 19 Jul 2026, 12:50PM IST In this edition of Know Your Fund Manager, Satish Donadapati, Fund Manager ETF at Kotak AMC, shares his journey from an Army upbringing to managing passive funds. He discusses his career path, transition into portfolio management, and current responsibility of overseeing 19 ETFs and 23 Index Funds with a combined AUM of Rs 20,440 crore, while highlighting his investing philosophy.

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INDIA NEWS | Sun, 19 Jul 2026, 12:46PM IST Deloitte India on Sunday projected India's economy to grow at 6.5-6.8 per cent in the current fiscal, with growth expected to strengthen in the second half of the year supported by festive demand, monetary easing, and a gradual stabilisation in global conditions. In its latest edition of Economic Outlook report, Deloitte said India entered 2026 in a Goldilocks phase, with macroeconomic fundamentals appearing unusually well balanced, but geopolitical developments altered the global landscape with tensions in the Middle East disrupting critical shipping routes, triggering volatility in commodity prices and weakening investor sentiment. This resulted in a wider trade deficit, sustained capital outflows, and a sharp depreciation of the rupee against the US dollar within a matter of weeks. Against this backdrop, the RBI had last month lowered India's GDP growth estimates for current fiscal to 6.6 per cent, from 6.9 per cent estimated earlier. GDP grew 7.7 per cent in the previous (2025-2

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INDIA NEWS | Sun, 19 Jul 2026, 12:45PM IST Islamabad: Afghanistan-Pakistan transit trade plunges to USD 367 million in the outgoing fiscal year from USD 5 billion in 2021, according to a media report.The transit trade between the two countries has suffered one of its steepest declines, plunging to just 11,592 containers worth USD 367 million in FY-26, the Dawn reported on Sunday.Also read: Pakistan to revise oil prices daily amid renewed West Asia tensionsThe trade plummeted from nearly 89,000 containers valued at USD 5 billion before the Taliban returned to power in 2021, as Kabul's growing reliance on Iranian routes increased in recent years, the report said.Pakistan closed its border with Afghanistan in October 2025 over security concerns, which impacted the transit trade to some extent.However, the data shows that transit trade had begun losing momentum well before Islamabad implemented restrictions, the report said.Container traffic increased from about 60,500 containers in FY-17 to nearly 89,000 containers in FY-21, immediately before the Taliban returned to power.Following the Taliban's return to power, transit cargo via Pakistan initially recovered, with container traffic reaching 1,02,886 and cargo valued at USD 6.7 billion in FY-23.However, the transit volumes fell to 54,114 containers in FY-24 and 42,959 containers worth USD 1.36 billion in FY25, well before Pakistan closed the border in October 2025.Also read: Pakistan extends airspace ban for Indian aircraft till August 24"The border closure did not initiate Kabul's search for alternative trade routes. Rather, it marked the culmination of a strategy the Afghan Taliban had already begun to reduce Afghanistan's dependence on Pakistani ports," the report quoted trade analysts as saying.This diversion reduced Pakistan's leverage but carried economic costs for Afghanistan.The higher transport and logistics costs are ultimately passed on to consumers, adding to inflationary pressure.The burden falls disproportionately on eastern and southern Afghanistan, particularly Pakhtun communities that have traditionally relied on Pakistani goods and cross-border commerce, the report said.Reduced commercial activity has also translated into fewer employment opportunities and lower household incomes on both sides of the border, according to Dawn.

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INDIA NEWS | Sun, 19 Jul 2026, 12:34PM IST The India-UK trade pact took effect; government approved a 1.9 trillion electronics push, while inflation, the trade deficit and oil-linked policy risks moved higher

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INDIA BUSINESS | Sun, 19 Jul 2026, 12:34PM IST Alembic Pharmaceuticals and NATCO Pharma received tentative USFDA approval for generic Olaparib tablets. This approval is for a cancer drug, which is a generic equivalent of Lynparza. Alembic will distribute the product while NATCO Pharma will manufacture the tablets. The product addresses a significant market opportunity, estimated at USD 1.4 billion. Commercial launch depends on ongoing litigation, marking a regulatory milestone.

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INDIA NEWS | Sun, 19 Jul 2026, 12:19PM IST Indias top private banks are betting on a sustained pick up in lending after reporting healthy numbers in the first quarter of the fiscal year, as more companies shift away from pricier bond market borrowings to cheaper loans.At least six private banks reported robust loan growth in the three months to June, driven by corporate lending, as high bond yields make market funding less attractive. HDFC Bank Ltd., Indias largest private lender by assets, reported a nearly 19% jump in corporate loans in the quarter, compared with a 1.7% growth a year earlier. ICICI Bank Ltd.s domestic corporate loans rose 18.5% from a year earlier, while Kotak Mahindra Bank Ltd. posted a 15% increase. Corporate loan demand was driven by working capital needs, while moderation in borrowing from bond and equity markets also created lending opportunities for banks, ICICIs Executive Director Sandeep Batra said in the lenders earnings call Saturday.It will be a secular loan growth across sectors in the next two quarters, said Yes Bank Ltd. Chief Executive Officer Vinay Tonse. The bank, which has largely been focusing on the retail segment, saw its corporate and institutional loan book expand more than 41%.132490902year in the two weeks to June 30, according to Reserve Bank of India data, underscoring the resilience of loan demand even as deposit mobilization lagged. But an expected surge in foreign currency deposits, which according to some analysts could top $50 billion by end-September, may improve banking system liquidity, giving lenders access to a larger pool of relatively low-cost foreign-currency funding. As part of its efforts to boost reserves, Indias central bank in June offered full hedging-cost support for banks raising three- to five-year foreign currency deposits and has allowed borrowing against such funds.Sovereign 10-year bond yields climbed above 7% after the US-Iran war which roiled Indian markets. While the yields have eased from those highs, rising oil prices due to fresh tensions in the Middle East keep investors on the edge about further monetary tightening. Elevated benchmark yields have lifted corporate borrowing costs, dampening their appetite for debt.HDFC Banks Deputy Managing Director, Kaizad Bharucha said corporate demand was evenly split between term loans and working-capital financing during the quarter, with electronics, automobiles, renewable energy and commodities showing the strongest demand. Yes Bank, meanwhile, saw healthy borrowing from oil and metals companies.Axis Bank Ltd. expects its loan growth to outpace the industry by about 300 basis points over the medium term, Chief Financial Officer Puneet Sharma said.Banks are also being backed by healthy balance sheets. Following years of cleaning up of bad loans, strengthening underwriting standards and building capital buffers, lenders are more willing to finance corporate borrowers that meet stricter risk criteria. The banking sectors gross non-performing asset ratio is near multi-year lows, giving lenders confidence to grow their corporate books without repeating the excesses that led to the bad-loan cycle of the last decade.

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INDIA BUSINESS | Sun, 19 Jul 2026, 12:19PM IST Indian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borrowings. This trend is expected to continue for the next two quarters. Banks possess healthy balance sheets and strong capital buffers. Loan demand is seen across various sectors like electronics and automobiles.

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INDIA MUTUAL FUNDS | Sun, 19 Jul 2026, 12:17PM IST Mutual funds bought select small-cap stocks in June, with Acme Solar Holdings, Craftsman Automation, Pine Labs, Sterlite Technologies and RBL Bank among the top picks, according to Dolat Capital.

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INDIA MARKET | Sun, 19 Jul 2026, 12:16PM IST Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for HDFC Bank and Bharti Airtel, which faced declines. Overall, Indian equity markets concluded the week on a robust note.

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INDIA BUSINESS | Sun, 19 Jul 2026, 12:13PM IST A 10-week defence campaign involving about 600 pages of legal submissions, presentations and expert testimony helped persuade the US Justice Department to drop bribery and securities fraud charges against billionaire Gautam Adani, according to newly unsealed court filings that detail how one of the year's highest-profile corporate prosecutions was abandoned. Robert J. Giuffra Jr, Adani's lead lawyer and co-chair of Sullivan & Cromwell, in a July 14 filing said the effort, which ran from February 3 to April 17, included a 118-page submission to prosecutors, a 12-page supplemental filing and two slide presentations totalling 130 pages. A separate 151-page presentation was also submitted to the US Securities and Exchange Commission in March. The filing provides the clearest public account yet of how federal prosecutors reversed course in one of the year's most closely watched corporate prosecutions. The case began on November 20, 2024, when US prosecutors unsealed an indictment ...

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INDIA MARKET | Sun, 19 Jul 2026, 12:09PM IST At least six private banks reported robust loan growth in the three months to June, driven by corporate lending, as high bond yields make market funding less attractive.

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INDIA BUSINESS | Sun, 19 Jul 2026, 12:05PM IST Biscuits maker Britannia Industries is strengthening its regional strategy and localising products to compete more effectively with the emerging regional players, Managing Director and CEO Rakshit Hargave said. Britannia, which also makes cakes and breads, has created smaller, empowered teams and increased localisation efforts to respond to growing competition from regional brands that are gaining traction in local markets, he said. "We are localising our product, we have created a team of many Indians, we are empowering regional teams," Hargave said on the sidelines of an event organised by industry body FICCI. Hargave said local companies with regional products are a "reality" and require a differentiated competitive approach. "If we have to compete with them, we have to compete with them on an even scale," he said. He did not comment on the pricing strategy but said Britannia enjoys the strength of a nationally recognised brand; success at the consumer level depends on matching

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INDIA MARKET | Sun, 19 Jul 2026, 11:58AM IST Quarterly results, geopolitical developments in West Asia, crude oil prices, monsoon progress and foreign investor activity are expected to drive market sentiment this week

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INDIA BUSINESS | Sun, 19 Jul 2026, 11:46AM IST Taural India, a maker of large and intricate aluminium sand-castings components for the energy and infrastructure sectors, plans to raise its turnover to Rs 1,000 crore from about Rs 300 crore by scaling local production, growing exports and widening applications of aluminium in sectors such as defence and railways, its founder and CEO Bharat Gite said. The company, which began in India to serve existing European clients in the energy space, including Siemens, Hitachi Energy, and General Electric, said its initial sales in India were modest -- around Rs 70-100 crore -- but rising demand from local and Asian customers prompted capacity expansion and fresh investments. In an interview to PTI here, Gite said the company has opened a new plant at Supa in Ahilyanagar district of Maharashtra, after running its Chakan facility in the state at full capacity. The firm, he said, had pumped in Rs 500 crore in the Supa plant, a commitment it announced at the World Economic Forum in Davos with t

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INDIA NEWS | Sun, 19 Jul 2026, 11:44AM IST New Delhi: Biscuits maker Britannia Industries is strengthening its regional strategy and localising products to compete more effectively with the emerging regional players, Managing Director and CEO Rakshit Hargave said.Britannia, which also makes cakes and breads, has created smaller, empowered teams and increased localisation efforts to respond to growing competition from regional brands that are gaining traction in local markets, he said."We are localising our product, we have created a team of many Indians, we are empowering regional teams," Hargave said on the sidelines of an event organised by industry body FICCI.Also Read: ITC sees demand momentum sustaining in H2; bets on premiumisation and healthy productsHargave said local companies with regional products are a "reality" and require a differentiated competitive approach."If we have to compete with them, we have to compete with them on an even scale," he said.He did not comment on the pricing strategy but said Britannia enjoys the strength of a nationally recognised brand; success at the consumer level depends on matching local competitors on factors such as pricing, taste and packaging."So whether it is price, taste, packaging and its expectation, you have to compete. Because on the ground, I might have a more famous brand, otherwise everybody is equal," Hargave said.Also Read: As automation spreads, India's FMCG companies rethink the size of their workforceLarge companies operating in the packaged food space are facing stiff competition from several regional food brands which are expanding their footprints across states, intensifying competition in categories such as biscuits, snacks and bakery products. They are offering aggressive pricing, better distributor margins, and products tailored to vernacular taste preferences.When asked about the demand environment, Hargave said inflationary trends remain uncertain, and the industry continues to monitor developments closely."So, the inflation, which happened as a result of the (high) crude, is still there. Now we have to see how it develops. We are all saying it is unpredictable," he said.Hargave also highlighted the growing importance of quick commerce as a channel for innovation and premiumisation, noting that it caters largely to urban and younger consumers."By nature of the geography and the disposition, you will see more premium products, more experimental products being bought," he said.He added that quick commerce offers companies an opportunity to test new products and adjacent categories with lower risk and faster consumer feedback.However, Hargave also mentioned:"The cost of entry, the cost of failing is also fast. So, it is a good place to experiment and learn and also get some business. And if it does well, you can also take it to other channels."

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INDIA BUSINESS | Sun, 19 Jul 2026, 11:44AM IST Britannia Industries is strengthening its regional strategy and localizing products to compete effectively. The company is empowering regional teams and creating smaller, empowered teams for better response. This move addresses growing competition from regional brands gaining traction in local markets. Inflationary trends remain uncertain, and the industry continues to monitor developments closely. Quick commerce is highlighted as an important channel for innovation and premiumization.

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INDIA BUSINESS | Sun, 19 Jul 2026, 11:38AM IST In fiscal year twenty twenty-seven, CEAT Ltd is projecting a strong double-digit growth spurred by buoyant domestic demand and an expanding global presence. The company is heavily investing in boosting its production capabilities to match this expected growth. Despite the potential restraint from raw material price fluctuations, an upswing in margins is likely, with ambitious goals set for growth in international markets this year.

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INDIA BUSINESS | Sun, 19 Jul 2026, 11:37AM IST Tyre maker CEAT Ltd expects strong double-digit growth in FY27, riding on bullish domestic demand post GST cut and robust international business despite disruptions from the war in West Asia, according to its MD & CEO Arnab Banerjee. The company, which has announced a Rs 1,205 crore investment towards capacity expansion, also expects the availability of more capacity to help drive growth, Banerjee told PTI. "We expect a strong double-digit growth, overall in FY27," he said when asked about the outlook for FY27. On a consolidated basis, CEAT Ltd had posted a 22 per cent year-on-year revenue growth of Rs 4,318 crore in the first quarter of the ongoing fiscal. Banerjee further said, "We are very bullish on overall market expansion post GST cut. Rural markets are doing very well. Our Q1 top line growth was good." Stating that some more capacities are coming on stream, Banerjee said, "We expect robust growth to continue." CEAT had announced a capex of Rs 1,205 crore, primarily to ...

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INDIA MARKET | Sun, 19 Jul 2026, 11:31AM IST Skyroot Aerospace became the first Indian private company to achieve an orbital launch after successfully placing its Vikram-1 rocket into orbit, in a mission named 'Aagaman'.

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INDIA MARKET | Sun, 19 Jul 2026, 11:31AM IST Leading private lenders expect lending momentum to continue after strong June-quarter growth, with companies increasingly opting for bank loans over costlier bond market borrowings

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INDIA MUTUAL FUNDS | Sun, 19 Jul 2026, 11:27AM IST Patanjali Foods, ICICI Prudential AMC, IREDA, NMDC and Oil India saw the highest net selling by mutual funds among midcap stocks in June, according to a Motilal Oswal Financial Services report.

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INDIA MARKET | Sun, 19 Jul 2026, 11:23AM IST The advisory comes after US and Iran continue to engage in counter strikes

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INDIA MARKET | Sun, 19 Jul 2026, 11:20AM IST Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-provision operating profit grew just 1.3%.

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INDIA MARKET | Sun, 19 Jul 2026, 11:20AM IST For the June quarter, the Mumbai-headquartered private sector bank's standalone net profit stood at 7,114 crore compared with 5,806 crore a year ago. Its pre-provision operating profit increased to 11,659 crore.

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INDIA BUSINESS | Sun, 19 Jul 2026, 11:19AM IST India's textile sector is well placed to benefit from China+1 sourcing and new trade agreements, but long-term export gains will hinge on improving manufacturing scale, productivity and execution, according to 360 One Capital.

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INDIA NEWS | Sun, 19 Jul 2026, 11:19AM IST New Delhi: India's textile sector is entering a multi-year structural upcycle, supported by China+1 sourcing, global supply-chain diversification and improving market access through trade agreements, but converting this opportunity into sustained export and market-share gains will depend on execution, productivity and manufacturing competitiveness, according to a research report by 360 One Capital.The domestic brokerage firm said companies with scalable garmenting, integrated manufacturing, strong customer relationships and disciplined execution are likely to emerge as the biggest beneficiaries.Also Read: India losing out on up to $7 billion in apparel exports due to supply chain gaps: StudyGlobal brands are increasingly seeking alternatives to concentrated sourcing from China amid geopolitical diversification and the need for more resilient supply chains. However, the report cautioned that favourable trade policies alone may not be sufficient to drive sustained growth, noting that India has failed to fully capitalise on similar opportunities in the past."The central question is therefore no longer whether the opportunity exists. It is whether Indian manufacturers can build sufficient scale, productivity, technical capability, compliance and delivery reliability to capture the incremental sourcing volumes becoming available," the report said.The report noted that India's share of global apparel trade has remained around 3 per cent, compared with a rise in Bangladesh's share to around 9-10 per cent and Vietnam's to around 6-7 per cent over the past two decades. It said India's competitive challenge is increasingly shifting from labour costs to ecosystem competitiveness, with buyers evaluating suppliers on manufacturing scale, product capabilities, lead times, logistics, compliance, sustainability and supply-chain resilience.Also Read: Textile and apparel exports take a hit in Q1Garmenting remains the biggest structural gap and opportunity for India, as fragmented and sub-scale production limits value capture and the ability to service large global programmes. The report said future competitiveness would depend on output per worker, factory execution, automation and delivery reliability rather than wage rates alone.The sector also needs to diversify beyond cotton, with global demand increasingly shifting towards man-made fibres, performance apparel and technical textiles. India will need to develop advanced fibre and yarn capabilities while improving cotton productivity, fibre quality and traceability.Trade agreements, including the recently implemented India-UK FTA, could improve India's sourcing economics, but the report said operational readiness would determine whether tariff advantages translate into recurring orders. "The industry therefore needs multiple trade agreements alongside meaningful expansion in garmenting capacity, technical capabilities, compliance and new labour-rich manufacturing clusters," it said.Going ahead, automation, sustainability and traceability are expected to become key competitive differentiators. The report said India's textile opportunity is significant, but the biggest gains are likely to accrue to companies that combine scale, integration, productivity, product innovation and disciplined capital allocation rather than those relying solely on favourable trade policies or lower labour costs.

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INDIA MARKET | Sun, 19 Jul 2026, 11:17AM IST The National Film Awards will be presented by President Droupadi Murmu at a ceremony in New Delhi later this year.

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INDIA MARKET | Sun, 19 Jul 2026, 11:16AM IST Markets regulator Sebi has empanelled 18 additional firms, including Ernst & Young LLP, KPMG Assurance and Consulting Services LLP, Zx Grant Thornton Bharat LLP and Nangia & Co LLP, to undertake forensic audits of financial statements of listed companies. The empanelment follows a selection process initiated through a public procurement notice issued on November 2025. The newly selected firms are in addition to the list of forensic auditors published by Sebi in April 2025, according to a notification issued by the regulator on July 15. The empanelment will remain valid for three years from the date of publication of the latest list. The other newly empanelled entities are J C Kabra & Associates, J Mandal & Co LLP, J Singh & Associates, Jain Jagawat Kamdar and Company, Pipara & Co LLP, R Kabra & Co LLP, R S Patel and Co, Ravi Rajan and Co LLP, S S Periwal and Co, Sarath and Associates, SKVM and Company, V Singhi & Associates, ASA & Associates LLP and

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INDIA MARKET | Sun, 19 Jul 2026, 11:14AM IST Directed by Murali Kishor Abburu, Lenin is a Telugu action drama starring Akhil Akkineni in the lead role.

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INDIA MARKET | Sun, 19 Jul 2026, 11:13AM IST Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in provisions that bolstered the bank's financial results. Additionally, net interest income rose by nine percent, while operating profit saw a ten percent increase.

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INDIA MARKET | Sun, 19 Jul 2026, 11:11AM IST Yes Bank has reported a remarkable thirty-four percent surge in net profit for the first quarter, driven by robust loan growth and enhancing net interest margins. The bank's loan portfolio expanded by eighteen percent, especially within corporate advances, while commercial banking loans rose by seventeen percent. The management is optimistic that this trend of positive loan growth will persist in the upcoming months.

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