"business-news"

Coal India Ltd reported an 8.5 per cent drop in June production to 57.8 MT, likely due to monsoon disruptions. Offtake also fell. Despite this, the government assures no coal shortage and remains focused on reducing imports and boosting domestic output

India’s largest lender marks its 70th anniversary, plans to “solarise” 4 million homes by FY27

Globe Civil Projects Ltd made a strong market debut, with shares jumping over 28% on the BSE and NSE against the IPO price of ₹71. The ₹119-crore IPO was oversubscribed 86 times, reflecting high investor demand and strong listing gains

The stock plunged 11.58 per cent on June 30 to settle at Rs 48.79 apiece on the BSE. During the day, it lost 14.82 per cent to Rs 47. On the NSE, the stock cracked 11.19 per cent to Rs 48.95

While AM Green did not give the value of the transaction, Orix said the transfer price is USD 1.282 billion(S)

A major upgrade to the Passenger Reservation System will also increase booking capacity, with Tatkal ticket authentication becoming mandatory from July 1 onwards

The Centre and LIC together own nearly 95 per cent of the bank, and of this, 60.72 per cent is up for sale as part of the the government’s ongoing disinvestment plan

The ‘One Nation, One-Tax’ was launched by Prime Minister Narendra Modi on July 1, 2017

Three names emerge as frontrunners for the top post; IndusInd Bank set to submit CEO shortlist to RBI amid leadership crisis

Anant Ambani, son of Mukesh Ambani, has been appointed Executive Director of Reliance Industries. He will earn ₹10–20 crore annually plus profit-based incentives and perks. The move is part of a succession strategy involving all three Ambani siblings

India’s USD 900 billion retail sector is showing signs of recovery, with 7 per cent sales growth in May 2025, according to RAI. Quick service restaurants and consumer durables led the rise. The industry expects 9–10 per cent growth as festive spending strengthens

China has mandated special export licences for seven rare earth elements and related magnets. The country controls over 90 per cent of the global processing capacity for magnets, used across sectors, including automobiles, home appliances and clean energy

Pakistani importers now depend on feeder vessels, causing delays of up to 50 days, with limited but rising export-related costs

India’s booming automobile sector, contributing over 7 per cent to GDP, is key to its $5 trillion economy goal. With strong policy support, EV adoption, and local manufacturing growth, it reflects India’s rise in global auto production and clean-tech innovation

India's cement sector recorded 39.6 million MT production in May 2025, marking 9% YoY growth. ICRA projects continued demand from housing and infrastructure, forecasting 6–7% growth in FY26 and improving operating margins across cement firms

Indian IT giants are shifting focus from general digital services to AI integration. Rather than building AI models, they aim to lead in applying AI across businesses, investing in employee upskilling, partnerships, and innovation labs to drive enterprise-wide AI adoption

Akzo Nobel NV has signed an agreement to sell its shareholding in Akzo Nobel India Ltd (ANIL) to the JSW Group, . The deal includes an open offer and marks Akzo Nobel’s strategic exit from the decorative paints segment, making it the fourth-largest player in India’s paint industry

China confirmed a framework was agreed. The deal touches on rare earth exports, fentanyl regulations, and tariff rollbacks, while trade talks with India are expected soon

Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique payment interface) system 

US-based unit of the drug major is recalling Acetaminophen Tablets (325 mg) in the US due to cGMP (Current Good Manufacturing Practices) deviations