Page 8 - Latest News
Trent extends gain to 5th day; Bernstein 'OW', sees Westside driving growth
Bernstein said that while Zudio has dominated Trent's growth narrative over 5 years, Westside still accounts for about 40 per cent of the company's retail area and revenue.
 "Trent extends gain to 5th day; Bernstein 'OW', sees Westside driving growth")
Nestle India sees strong growth opportunity in rural markets: CMD
CMD Manish Tiwary says rising aspirations beyond metros will shape the next wave of consumption
 "Nestle India sees strong growth opportunity in rural markets: CMD")
ICICI Bank plans first dollar bond sale in 9 years under RBI swap window
The lender is expected to raise at least $500 million through a likely five-year bond issue, according to the bankers familiar with the matter
 "ICICI Bank plans first dollar bond sale in 9 years under RBI swap window")
Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why
According to a Reuters report, the Indian government has allowed four Chinese power equipment manufacturers to participate in government tenders for critical power projects.
 "Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why")
GoDaddy fears India's crackdown on fake websites could damage internet
Soaring smartphone and internet use has coincided with a worsening problem of online fraud in India, the world's most populous nation
 "GoDaddy fears India's crackdown on fake websites could damage internet")
Mukesh Ambani, Mittals join global AI panel led by ITU, Salesforce
The aim of the panel is to strengthen trust in the technology and accelerate its use in addressing global challenges
 "Mukesh Ambani, Mittals join global AI panel led by ITU, Salesforce")
Indian investors pump record $2.6 bn into realty, account for 57% of flows
Indian investors fuel six-year high in real estate inflows with $2.6 bn investment
 "Indian investors pump record $2.6 bn into realty, account for 57% of flows")
Coercive fertilisers tagging hurting farmers, $1 bn specialty sector: IMMA
Association seeks crackdown on illegal bundling of specialty products with subsidised urea, DAP
 "Coercive fertilisers tagging hurting farmers, $1 bn specialty sector: IMMA")
Gold: Short-term bias turns positive; but upside seems capped
Gold is expected to trade with a positive bias in near-term, and can extend its advance to $4,200 level in the coming weeks. Upside will remain capped unless the rate hike probability comes down furth
 "Gold: Short-term bias turns positive; but upside seems capped")
Gold demand in India diminishes as prices rebound; China buying improves
Prices fell about 8.4% in June, the first monthly drop since March, tracking volatility in international gold prices
 "Gold demand in India diminishes as prices rebound; China buying improves")
Thailand travel rules tighten for Indians: Embassy explains what to carry
Visa-free travel has ended. Indian visitors now need to meet stricter entry rules to avoid delays or denial of entry
 "Thailand travel rules tighten for Indians: Embassy explains what to carry")
Delhi mandates school fee committees, curbs inflation-linked fee hikes
Delhi Education Minister Ashish Sood announced a new framework and said a School Level Fee Regulation Committee (SLFRC) will be constituted in every private school.
 "Delhi mandates school fee committees, curbs inflation-linked fee hikes")
Silver: Extends its recovery as US$ retreats on soft US job report
Silver prices rebounded on Warsh's remarks in the ECB panel discussion on July 1, and a weaker-than-expected nonfarm US payroll report for June.
 "Silver: Extends its recovery as US$ retreats on soft US job report")
Indian women are living longer than men but good health eludes them
Gap between lifespan and health span presents a critical challenge for a rapidly ageing population
 "Indian women are living longer than men but good health eludes them")
Indian dignitaries pay tribute to late Iranian Supreme Leader Ali Khamenei
The high-profile Indian visit coincides with the formal commencement of the state mourning rituals in Tehran
 "Indian dignitaries pay tribute to late Iranian Supreme Leader Ali Khamenei")
MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs
PV Krishna Reddy, Managing Director of MEIL, also said the group is aiming to take some of its subsidiaries to an Initial Public Offering every couple of years
 "MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs")
HCL Tech rallies 6% on inking $1.14bn deal with Fortune Global 50 firm
This large-deal win reinforces HCL Tech's strong positioning in AI-led infrastructure and workplace transformation services, while significantly enhancing long-term revenue visibility, analysts say.
 "HCL Tech rallies 6% on inking $1.14bn deal with Fortune Global 50 firm")
Sitharaman invites French firms to partner in India's Viksit Bharat journey
There are approximately 1,000 French companies operating in India
 "Sitharaman invites French firms to partner in India's Viksit Bharat journey")
Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless
Systematix said that it remains structurally positive on long-term growth outlook for India's integrated steel sector. The brokerage has initiated coverage on Jindal Steel & Jindal Stainless with Buy.
 "Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless")
Oil prices up slightly ahead of long US weekend as peace efforts hold
Brent futures climbed 46 cents, or 0.64%, to $72.26 a barrel as of 0407 GMT. West Texas Intermediate was up 32 cents, or 0.47%, to $69.01 a barrel
 "Oil prices up slightly ahead of long US weekend as peace efforts hold")