Page 18 - Latest News

Bajaj Finance Q1 AUM rises 24% to ₹5.46 trillion; loan bookings up 20%

Customer franchise crossed 124 million in the June quarter, while deposits stood at about Rs 68,500 crore, according to the company's provisional business update

Wall Street rises as softer jobs data calms rate-hike fears; Dow up 447 pts

Wall Street advanced after a weaker-than-expected US jobs report eased fears of further Fed rate hikes, boosting investor sentiment across major indexes

Air India cuts fuel surcharges for North America, Europe flights

Air India has reduced fuel surcharges on flights to North America, Europe, the UK and Australia from July 1 after easing oil and jet fuel prices

ACE, Japan's KATO to invest ₹200 cr to manufacture cranes in India

ACE and Japan's KATO Works will invest ₹200 crore in a Haryana facility to manufacture high-capacity cranes for domestic and global infrastructure markets

Username row: After WhatsApp, IT Ministry sends notices to Telegram, Signal

After WhatsApp, the IT Ministry has sent notices to Telegram and Signal over their username features, citing concerns over fraud, phishing and impersonation risks

Andhra launches industry-led university model to boost employability

Sri City International University will offer an industry-led work-study model, with paid internships from the first year and curricula designed with employers

India and US are 'natural partners': Former PepsiCo CEO Indra Nooyi

Former PepsiCo CEO Indra Nooyi calls India and the US "natural partners", saying stronger ties are vital as Washington navigates strategic competition with China

Adani Group seeks Kerala govt approval for Vizhinjam port stake sale

Adani Group has approached the Kerala government for approval of its proposed $1.4 billion stake sale in Vizhinjam Port after the transaction triggered political objections

M&A funding norms to intensify competition for private credit: Moody's

Moody's says RBI's acquisition financing norms could intensify competition from banks, putting pressure on private credit deal volumes and yields

India, Japan to partner on strategic petroleum reserves, energy transport

The two countries will cooperate on strategic petroleum reserves, maritime energy transport and upstream investments to strengthen energy resilience amid geopolitical uncertainty

India's coal imports fall 13% in April; power sector imports drop 25%

Improved domestic coal supplies helped reduce import dependence, with power sector imports falling nearly 25 per cent even as coking coal purchases edged higher

Marico expects to post double-digit consolidated revenue growth in Q1

Marico expects revenue growth in the early twenties for Q1FY27, driven by strong domestic demand, Parachute Coconut Oil and international business

Suzuki Motor Corp to double Kharkhoda plant capacity to 1 million units

Suzuki Motor Corporation will expand the capacity of its newly inaugurated Kharkhoda manufacturing facility in phases, reinforcing its long-term commitment to India

PC Jeweller posts 21% growth in Q1 revenue; to be debt free in Sep quarter

PC Jeweller reported 21% revenue growth in Q1FY27 and said it expects to become debt-free in the July-September quarter after cutting over 90% of its debt

Vikram-1 nears launch: Who's building India's next gen private rockets?

As Skyroot Aerospace prepares for Vikram-1, startups and defence giants alike are positioning themselves for India's growing commercial launch opportunity

Govt fast-tracks disinvestment, garners 31% of FY27 Budget target in Q1FY27

The government has achieved 31% of its FY27 disinvestment and asset monetisation target in Q1, aided by a rapid series of PSU stake sales and InvIT receipts

BPCL buys Videocon's Brazil oil and gas stake, takes full ownership of JV

BPCL has acquired Videocon's remaining stake in IBV Brasil Petroleo, taking full ownership of the Brazilian venture as it looks to expand overseas energy assets

US job growth misses expectations in June; unemployment rate falls to 4.2%

US job growth slowed sharply in June, but the unemployment rate fell to 4.2%, suggesting the labour market remains resilient despite weaker hiring

OIL targets early 2027 for commissioning of Numaligarh refinery expansion

State-owned Oil India expects its Rs 28,000 crore Numaligarh refinery expansion project to be operational by early 2027, tripling refining capacity to 9 million tonnes

Maruti's ₹35K cr Kharkhoda plant inaugurated, capacity to reach 1 mn units

Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi inaugurated Maruti Suzuki's Kharkhoda plant, which is set to scale up to 1 million units annually