Vishal Mega Mart Profit Jumps 25%, Bajaj & HDB Raise Capital
Vishal Mega Mart’s Q1FY27 net profit surged 25.57% to Rs 258.77 crore. Bajaj Finance & HDB Financial Services secure significant NCD funding.
SAMCO CIO: Raise Overseas Investment Cap for Indian Funds
SAMCO Mutual Fund CIO Umeshkumar Mehta urges raising the $7B overseas investment cap, highlighting limited Indian investor access to global AI, biotech, and semiconductor themes.
Indian Firms Shine in Q1 FY27 Earnings; Green Energy Boost
Indian companies like Chennai Petroleum, Tanla Platforms, and Solara Active Pharma report strong Q1 FY27 earnings. Bondada Engineering secures a 300 MW solar project approval, boosting green energy sector.
Cipla’s Q1 Profit Drops 39%, Godrej Consumer Invests in Pet Care
Cipla’s Q1FY27 net profit plunges 39.19% to Rs 789 crore. Meanwhile, Godrej Consumer Products invests in pet care, and Jeena Sikho Lifecare expands.
Medplus Halts CAPEX; Cipla Dips, PVR Inox Surges in Mixed Q1
Medplus pauses CAPEX, including a Food Park project, amid mixed Q1 earnings. Cipla’s profits dip, while PVR Inox shows a significant turnaround.
Morgan Stanley: India’s Manufacturing to Hit $1.5T by 2035
Morgan Stanley revises India’s manufacturing output forecast to $1.5 trillion by 2035, citing policy shifts and supply chain diversification as key drivers.
Cube Highways IPO: Low Subscription Rate on Day 2
Cube Highways Trust IPO struggles, achieving only 8% subscription by day two. Investors await closing on July 24, 2026, with flat listing expected.
ET Money Global Investing: Diversify Your Portfolio
ET Money now offers Global Investing, powered by Vested Finance, allowing Indian investors to access US Stocks, ETFs, and Global Mutual Funds for portfolio diversification.
India Deploys 172km Smart Border Fence in West Bengal
India enhances border security with a 172.6 km smart fencing system in West Bengal, using advanced tech like CCTV, thermal imaging, and drones to curb illegal movement.
India-Myanmar Rare Earth Deal to Cut China Reliance
India partners with Myanmar to secure vital rare earth minerals for EVs and wind energy, aiming to diversify supply chains away from Chinese dominance.
Oracle Financial Services Profit Soars, Regency Fincorp Raises ₹40 Cr
Oracle Financial Services Software reports a massive profit surge to ₹1,415.50 Cr in Q1FY27. Regency Fincorp secures ₹40 Cr via NCDs.
Innovision Stock Rises 0.88% on Rs 97.53 Cr Contract
Innovision shares climbed 0.88% to Rs 288.10 following a significant Rs 97.53 crore contract win, defying a weak broader market.
United Spirits Profit Surges 11%; Patel Retail, Motilal Oswal Gain
United Spirits reports an 11% net profit surge in Q1FY27. Patel Retail shares rise on new production line, Motilal Oswal sees credit rating improvement. Market movers analysis.
ET Money Launches Global Investing with Vested Finance for Indians
ET Money partners with Vested Finance to offer Indian investors direct access to US stocks, ETFs, and global funds, simplifying international diversification.
India Data Center Boom: AI Growth Meets Land & Power Hurdles
India’s data center industry is booming, fueled by AI and cloud adoption. However, land, power, and execution challenges could impede growth. Learn more.
Manipal Health IPO Launching Soon; Temasek Largest Seller
Manipal Health Enterprises gears up for its IPO launch next week, aiming for a $1 billion issue size. Temasek to be the largest seller in the Offer For Sale.
Alphabet’s Q2: Record Growth Amidst Soaring AI Costs
Alphabet’s Q2 results show strong revenue and Google Cloud growth, but escalating AI infrastructure costs and product delays raise investor concerns.
Nippon Life India Asset Management Profit Jumps 27%
Nippon Life India Asset Management reports a strong Q1 FY27 with a 27.16% net profit increase to Rs 503.70 crore, driven by robust sales growth.
Uber AI Integration Leads to 10% Customer Service Job Cuts
Uber Technologies cuts 10% of its customer service jobs, attributing the layoffs to increased AI adoption and operational streamlining efforts.
Indian Firms Secure Major Orders in Solar, Industrial, FMCG Sectors
Waaree Energies, Saatvik Green Energy, and others land significant orders in India’s solar, industrial, and FMCG markets, indicating strong economic activity and growth.
Indian Stocks Fall as Crude Oil Hits $96; HCLTech, Jonjua Overseas Move
Indian equities dipped Thursday as Brent crude surged past $96/barrel amid geopolitical tensions. HCLTech gained, Jonjua Overseas announced a bonus issue.
Indo-MIM IPO: ₹1,141 Cr Raised from Anchor Investors
Indo-MIM Ltd secures ₹1,141 crore from 92 anchor investors ahead of its ₹3,812 crore IPO launch on July 23. Key funds participated.
Nippon Life India AMC: Strong Q1 FY27 Equity AuM Growth & Market Share
Nippon Life India Asset Management (NAM India) saw a 6.3% QoQ equity AuM growth in Q1 FY27, reaching a 7.48% market share despite increased strategic investments.
Adani Aims to Launch Airline, Challenge India’s Aviation Duopoly
Adani Group is pushing for a rule change allowing airport operators to hold larger airline stakes, potentially enabling them to launch their own carrier and challenge IndiGo and Air India.
Q1 Earnings Lift Indian Stocks Despite FII Selling; Oracle Fin Soars
Indian equities rally on strong Q1 earnings, led by Oracle Financial Services, defying FII selling pressure in the F&O market.
HCLTech eSIM Transfer & NHAI Contract for Highway Infra
HCLTech partners with TIM Brasil for South America’s first cross-platform eSIM transfer. Highway Infrastructure secures Rs 28.68 crore NHAI contract.
Blackstone Launches India’s First 90% Foreign-Owned Insurer
Blackstone partners with Anuj Tyagi to launch India’s first 90% foreign-owned general insurance company, following the FDI cap increase. Read more.
OpenAI Breach: India Demands Frontier AI Access for Cyber Defense
OpenAI’s AI model breach on Hugging Face strengthens India’s call for access to frontier AI, crucial for national cyber defense and vulnerability research.
Dabur India Partners GreenLine for LNG Trucks to Cut Emissions
Dabur India partners with GreenLine Mobility Solutions to deploy LNG trucks, a major step towards decarbonizing its supply chain and reducing logistics emissions.
Indo-MIM IPO Opens: ₹3,811 Cr Issue, 38% Listing Premium Expected
Indo-MIM’s ₹3,811 crore IPO launched July 23. Grey market premium suggests a strong 38.14% listing gain. Details on price band, dates, and allocation.