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INDIA BUSINESS | Mon, 27 Jul 2026, 5:00AM IST Protium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's market reach and product offerings significantly. Aion Capital Partners expects to exit its investment from its maiden fund successfully. Clix Capital, founded by former GE veterans, has been seeking a buyer since late 2024. Protium Finance, a seven-year-old lender, specializes in various business loans for MSMEs.

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17m

GLOBAL NEWS | Mon, 27 Jul 2026, 4:36AM IST No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.

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40m

GLOBAL NEWS | Mon, 27 Jul 2026, 2:34AM IST A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.

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2h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:50AM IST Global auto supplier Forvia plans to more than double its India revenue by 2030. The company will invest an additional seventy million dollars to expand its operations. This investment will create three new manufacturing plants across the country. Forvia also expects to increase its workforce by fifty percent to over nine thousand employees. Rising demand for SUVs and vehicle electronics drives this significant expansion plan.

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4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:48AM IST The additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past SBI Cards, which added 162,000. ICICI Bank added 151,000 cards, while Federal Bank continued its strong momentum with 101,000 net new additions.

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4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:46AM IST Maruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Factories are running at over one hundred percent utilization due to strong demand. Maruti Suzuki targets healthy double-digit growth in the SUV segment this fiscal. The company is evolving its brand beyond fuel efficiency to meet aspirations.

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4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:39AM IST Devyani International noted consumer spending recovery in the last fiscal year's final quarter. The company focused on operational efficiency and technology investments during weak demand. Early recovery signs in the fourth quarter boosted average daily sales. Devyani International expanded its restaurant network by adding 217 new outlets globally. The company is diversifying its portfolio beyond traditional brands into homegrown options.

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4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:39AM IST Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our credit quality in the first quarter, we are targeting 50 bps lesser credit cost, say 1.5% to 1.6%, says V Vaidyanathan, MD & CEO, IDFC Bank.

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4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:39AM IST Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our credit quality in the first quarter, we are targeting 50 bps lesser credit cost, say 1.5% to 1.6%, says V Vaidyanathan, MD & CEO, IDFC Bank.

Continue reading at Economic Times

4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:31AM IST Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial.

Continue reading at Economic Times

4h

INDIA BUSINESS | Mon, 27 Jul 2026, 12:10AM IST The Union Cabinet is poised to evaluate a new incentive scheme aimed at enhancing the production of advanced construction machinery domestically. As infrastructure development surges, the need for specialized equipment is escalating. The proposal, having completed inter-ministerial discussions, is now pending cabinet approval. Once approved, industry consultations will begin promptly.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sun, 26 Jul 2026, 11:54PM IST The landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts transformed into premiums amid escalating supply uncertainties. However, an influx of Russian cargoes enabled refiners to boost imports significantly in March. As supply concerns eased and global availability improved, these premiums were eventually decreased. Yet, with renewed hostilities, supply risks and crude oil prices have escalated once more.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sun, 26 Jul 2026, 11:49PM IST India faces significant annual losses of 14 lakh crore due to corrosion. This damage prematurely deteriorates vital infrastructure across various sectors. Effective corrosion protection measures could boost India's GDP by up to 1.5 percent. Current standards lack specific guidance for different climatic conditions. Implementing global benchmarks will enhance infrastructure durability and safety.

Continue reading at Economic Times

5h

INDIA BUSINESS | Sun, 26 Jul 2026, 11:46PM IST The price of kitchen utensils saw a notable uptick in June, driven by escalating global metal costs. Specifically, inflation for stainless steel utensils escalated to 7.1 percent compared to last year. Pressure cooker prices climbed by 4.7 percent, while other metal utensils faced a 4.8 percent increase. With stainless steel prices likely to stabilize until September, consumers may find more advantageous buying opportunities in 2026 as conditions improve.

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5h

INDIA NEWS | Sun, 26 Jul 2026, 11:20PM IST FM Nirmala Sitharaman says the government has adequate fiscal buffers to tackle risks from the West Asia conflict and sees no need to revise Budget estimates

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5h

INDIA NEWS | Sun, 26 Jul 2026, 10:54PM IST India's pharmaceutical industry should treat the proposed US tariffs on imported generic medicines as a wake-up call to reduce dependence on a single export market, diversify globally and accelerate innovation while ensuring uninterrupted access to affordable medicines, industry leaders and healthcare experts said. US President Donald Trump has announced a phased tariff framework under which imported generic medicines will continue to attract zero tariffs until August 1, 2028, before facing a 100 per cent tariff for one year and a 200 per cent tariff from August 1, 2029. The proposal, aimed at encouraging drug manufacturing in the US, has triggered a debate within India's pharmaceutical sector over its long-term implications. Nikhil K Masurkar, CEO, ENTOD Pharmaceuticals, described the proposed tariffs as an opportunity for long-term strategic transformation, rather than merely a trade challenge. "The finer details of the proposed US tariffs on generic drugs are still unclear, but

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6h

INDIA BUSINESS | Sun, 26 Jul 2026, 10:26PM IST The Directorate General of Maritime Administration issued a strong caution for vessels operating in the Black Sea. This advisory follows recent attacks that tragically claimed the lives of five Indian seafarers. Indian flagged and foreign vessels with Indian crew must now conduct thorough risk assessments. Attacks on commercial vessels have increased, prompting this urgent maritime safety directive. Seafarers are urged to continuously monitor and adhere to all official advisories.

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6h

INDIA MARKET | Sun, 26 Jul 2026, 10:05PM IST In March 2026, the gold loans accounted for 2.19% of the portfolio, which was up from 1.89% in June 2025.

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7h

INDIA MARKET | Sun, 26 Jul 2026, 10:00PM IST On June 6, 1944, about 156,000 Allied troops stormed the beaches of northern France in Normandy.

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7h

INDIA MARKET | Sun, 26 Jul 2026, 9:55PM IST Shein's first-quarter loss comes as the retailer prepares for its Hong Kong IPO.

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7h

INDIA MARKET | Sun, 26 Jul 2026, 9:50PM IST PM Modi spoke on a number of topics in his monthly radio broadcast 'Mann Ki Baat'.

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7h

INDIA MARKET | Sun, 26 Jul 2026, 9:45PM IST The search is continuing across Berlin as well as at airports and Germany's borders.

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7h
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