Business

Mahanagar Gas raised CNG prices by Rs 2 per kg and domestic PNG by Re 1 per SCM in Mumbai, citing rising input costs tied to Middle East tensions.

Max Estates has acquired an 84.71-acre land parcel in West Delhi through a non-cash share swap, marking its entry into the capital's housing market.

Finance Minister Nirmala Sitharaman urged US investors to build in India across manufacturing, AI, semiconductors and GIFT City finance.

ICICI Bank completed a $1 billion five-year senior notes issuance that drew over $2.3 billion in orders, marking one of the largest dollar bond sales by an Indian lender this year.

TVS Motor Company has appointed international business head Peyman Kargar as its next Director and CEO, effective January 2027, succeeding long-serving chief K N Radhakrishnan.

ICICI Prudential AMC shares slid on Thursday after UK-based promoter Prudential Corporation offloaded a 2% stake through a block deal to meet public shareholding norms.

The government's offer for sale in Hindustan Copper closed with retail bids covering 726% of their quota, prompting the Centre to exercise the entire oversubscription option.

Five block deals worth more than Rs 6,000 crore changed hands on Wednesday, with large stakes traded in PhysicsWallah, Groww's parent, Viyash Scientific and Rubicon Research.

US Treasury sanctioned four India-based companies and three Indian nationals for allegedly moving $119 million of Iranian petroleum products, drawing sharp pushback from Tehran.

Welspun Corp's promoter group and MD & CEO Vipul Mathur offloaded roughly 6.3 million shares worth about Rs 1,417 crore in a block deal.

Air India has asked its owners for about $1.5 billion in fresh capital after posting a record annual loss, Reuters reported.

Vodafone Idea shares surged as much as 8% after reports that the telco is close to finalising a large debt package from an SBI-led bank consortium.

The Centre opened a two-day OFS in Hindustan Copper at a 10% discount, its ninth divestment of the financial year.

The passenger vehicle arm's third hike this year points to persistent commodity cost pressure across both ICE and electric models.

IOC is close to a long-term LPG supply agreement with Algeria's Sonatrach as India works to cut its dependence on Middle Eastern energy routes.

The CCI cleared Tata Steel's acquisition of IQ Martrade's 23% stake in TM International Logistics for about Rs 335 crore.

Jubilant Ingrevia's board has approved a binding term sheet to buy a 40% stake in electronics manufacturer Zettaone Technologies.

Uber has launched train ticket booking on its India app in partnership with ixigo, letting riders book rail tickets and check PNR status within a single app.

Resilient Asset Management, linked to Paytm founder Vijay Shekhar Sharma, sold a stake in the fintech firm via a block deal, with proceeds flowing to Antfin.

Outgoing Tata Sons chief N Chandrasekaran and Tata Trusts chairman Noel Tata reportedly met government officials separately over internal differences.

Defence PSU Bharat Dynamics posted a sharp jump in first-quarter profit and revenue, driven by robust order execution and improved operating margins.

Godrej Industries posted a consolidated Q1 FY27 profit decline of 18.7% even as revenue jumped 22.2% and EBITDA margins expanded.

Tata Motors Passenger Vehicles reported an 80% drop in consolidated net profit for Q1 FY27 as Jaguar Land Rover volumes fell, even as the stock jumped on strong domestic demand and EV growth.

Jubilant FoodWorks posted a 6% rise in consolidated net profit and 14% revenue growth in Q1 FY27, even as it exits the Dunkin' brand in India.

Siemens Ltd's June-quarter profit dropped 18% on higher input costs even as revenue and new orders grew at a healthy clip.

Tyre maker MRF reported a marginal decline in June-quarter profit as higher raw material costs offset nearly 10% revenue growth.

Vodafone Idea's net loss shrank 43% year-on-year in Q1 FY27 as revenue and ARPU rose and the telco added subscribers for the first time since its 2018 merger.

18 tonnes of GI-tagged Mithila Makhana from Bihar has been exported to Australia for the first time, with farmers earning nearly 18% more than market price.

Ola Electric's Q1 FY27 loss narrowed to Rs 336 crore even as revenue fell 45% year-on-year on weaker EV registrations.

State Bank of India posted a 10% rise in standalone net profit for the June quarter, with net interest income up nearly 15% and asset quality improving.

Passenger vehicle dispatches surged in July 2026 as Maruti Suzuki extended its market lead and EV sales crossed 30,000 units for a second month.

SIAM pulled back its communication on E20 fuel contamination after media reports sparked wide debate, saying its data needs further verification.

Karnataka's Labour Department has called Tata Consultancy Services for a conciliation meeting on August 6 after a union complaint over roughly 12,000 planned job cuts.

The Monetary Policy Committee kept rates unchanged and retained its neutral stance amid global uncertainty.

DLF's net profit grew to Rs 794 crore in Q1 FY27 even as revenue from operations fell around 53% on the timing of project launches.

Bharti Airtel's June quarter profit rose 43% to Rs 5,948 crore, powered by ARPU gains and strong growth in its Homes and enterprise units.

New Delhi raised export duty on petrol, diesel and ATF from August 3 to keep more fuel at home as global crude prices swing on West Asia tensions.

One MobiKwik Systems posted a Rs 7.6 crore consolidated profit in Q1 FY27, its third consecutive profitable quarter, as revenue and lending margins improved.

Swiggy has named former Myntra CEO Nandita Sinha to lead Instamart after Amitesh Jha's exit, as quick-commerce competition intensifies.

Startup funding in India dropped sharply in July after a June surge, with large rounds scarce and deal count also declining.