Page 4 - Bs Reporter

India, EU textile bodies launch platform to support FTA implementation

The new India-EU Textile and Apparel Dialogue aims to help industry stakeholders support effective implementation of the proposed free trade agreement and strengthen bilateral trade

SBI Funds Management IPO opens to 0.68 times subscription on first day

The Rs 9,813 crore IPO of India's largest asset management company saw overall subscription of 0.68 times on the opening day after raising Rs 2,663 crore from anchor investors

BSNL posts 10% growth in Q1 FY27 operational revenue to ₹4,418 crore

State-run telecom operator BSNL reported a 10 per cent rise in first-quarter revenue from operations, supported by strong enterprise business growth and improving average revenue per user

Studying Tata Electronics' cyber breach: Meity secretary S Krishnan

Apple and Tata Electronics tell MeitY no significant data was lost in the alleged breach, says secretary S Krishnan

ICICI Pru AMC net up 23%; Laser Power & Infra IPO booked 38.94x on Day 3

The company had posted a net profit of ₹784 crore in Q1 FY 2026. The rise in profit was driven by a 18 per cent YoY growth in total income

Coimbatore's Deccan Pumps in talks with US agtech major for stake sale

The proposed minority stake sale could pave the way for the US firm's entry into India's water-tech sector and strengthen innovation in precision irrigation and agtech

Vedanta Aluminium enters AMFI large-cap list within weeks of market debut

AMFI has classified Vedanta Aluminium as a large-cap stock in its July 2026 reclassification, placing the recently listed company among India's top 100 by market capitalisation

SAT adjourns hearing on pleas by FPIs named in Hindenburg report to July 15

While the FPIs sought adjourned, the counsel for Sebi argued that the delay was impacting the ongoing investigations

TCS adds 9,279 employees in Q1, marks second straight quarter of hiring

Tata Consultancy Services added 9,279 employees in the first quarter, signalling improved visibility on deal pipelines despite persistent macroeconomic uncertainty and AI-led disruption

Korea's NH Investment invests ₹900 cr in Choice International's broking arm

The South Korean financial services firm will invest through compulsorily convertible preference shares to support Choice Equity Broking's expansion plans

Jaishankar concludes Kuwait visit, reviews ties and West Asia situation

The External Affairs Minister met Kuwait's top leadership to review bilateral ties and regional developments as India continued diplomatic engagement across West Asia

DBS Bank India's net profit jumps 49% YoY to ₹1,020 crore in FY26

The Singapore-headquartered lender's India arm reported robust FY26 earnings, aided by healthy loan growth, improved asset quality and a stronger capital position following a capital infusion

Car purchase on your mind? Check latest auto loan rates and EMIs

Passenger vehicle sales gained momentum in June as demand for alternative-fuel vehicles rose. Compare auto loan rates, EMIs and lenders before financing your next purchase

Securitisation volumes rise 20% in Q1 as NBFCs drive market growth: ICRA

India's securitisation market grew about 20 per cent in the first quarter of FY27, with NBFCs driving issuances as gold loans emerged as the largest asset class, ICRA said

Travel, hospitality majors unveil monsoon plans as summer season ebbs

Hotels and online travel platforms are rolling out seasonal offers and experiential packages as monsoon travel and pilgrimage emerge as key demand drivers beyond the peak summer holiday period

Mumbai's coastal luxury redevelopment pipeline reaches ₹6,000 crore: JLL

Around 75-80 waterfront redevelopment projects are expected over the next eight to nine quarters as improved connectivity boosts demand for premium homes beyond Mumbai's traditional luxury hubs

Bombay HC sets aside ACB order directing FIR against former Sebi officials

The Bombay High Court has quashed an ACB court order directing registration of an FIR against former Sebi officials, citing the absence of a cognisable offence

US insurer Nationwide launches Hyderabad centre to expand globally

US insurer Nationwide has opened its Global Services Center in Hyderabad, expanding its global footprint and strengthening technology, engineering and business capabilities

NoBroker's ConvoZen expands into West Asia with Arabic AI speech models

NoBroker's ConvoZen.AI has entered West Asia with Arabic speech models Alif and Rawi, designed for multilingual, multi-dialect enterprise voice interactions across the MENA region

Fractal selected as preferred services partner in Claude Partner Network

Fractal Analytics has joined Anthropic's Claude Partner Network as a Preferred Services Partner, expanding its ability to deliver enterprise AI solutions across industries