Chennai: Despite concerns over a deficient monsoon in several parts of the country, demand for tractors has remained resilient. Domestic tractor sales recorded strong double-digit growth in June on both a year-on-year and sequential basis. The robust performance also lifted first-quarter volumes, which rose 19% year-on-year, indicating that demand for farm mechanisation has so far…
BENGALURU: Delhi high court has listed hostel chain Zostel’s appeal against IPO-bound hospitality firm Oyo for hearing on Aug 12, while disposing of an interim application Zostel filed. The dispute stems from Oyo’s proposed acquisition of Zostel in 2015. The deal later fell through, triggering arbitration proceedings and litigation. Source link
MUMBAI: Both sensex and Nifty ended 1% higher respectively on Friday, extending gains for the second day, aided by a rally in heavyweights Reliance Industries, ICICI Bank and HDFC Bank, and positive global cues. Easing crude oil prices and buying in IT stocks propelled the rally. Sensex jumped 828 points to settle at 77,569. Source…
BENGALURU: India’s startup IPO pipeline gathered further momentum on Friday as manufacturing platform Zetwerk, furniture rental company Rentomojo and defence technology firm Tonbo Imaging received Sebi approval for their proposed public issues.According to sources, Zetwerk plans to raise Rs 4,000-5,000 crore through its IPO. Source link
Dixon Technology surged 3.5 per cent after announcement of JV with Vivo for manufacturing smartphones in India NEW DELHI: Govt approval for a manufacturing joint venture between China’s Vivo and Dixon Technologies could become the blueprint for how Chinese smartphone brands expand production in the country while navigating strict foreign investment rules.The approval clears a…
Despite stock market volatility in June, net inflows into equity mutual funds (MFs) during the month jumped 26% over May to almost Rs 29,000 crore as investors poured money into mid- and small-cap funds ahead of other types of schemes.Gross flows through the SIP route also jumped to nearly Rs 31,800 crore, a three-month high…
MUMBAI: Aggregate deposits with banks rose to Rs 265.4 lakh crore as on June 30, 2026, with the system recording a sharp fortnightly increase of about Rs 7 lakh crore, or 2.7%, driven by a balanced rise across both demand and time deposits. The last fortnight surge has taken the year-on-year deposit growth for Q1FY27…
NEW DELHI: A Tata Punch EV priced at Rs 9.7 lakh can be driven home for Rs 6.5 lakh under a battery financing plan. Hyundai’s Creta Electric falls from Rs 18 lakh to Rs 11 lakh, while Maruti’s Grand Vitara EV becomes cheaper by almost Rs 8 lakh upfront.Those headline reductions are turning Battery-as-a-Service (BaaS)…
ONGC said the proposed facility, along with related infrastructure, will be developed as the Phase-I expansion of the existing strategic petroleum reserve at Mangaluru. (Reuters photo) As the world faces turmoil with the ongoing Middle East situation, state-run Oil and Natural Gas Corporation (ONGC) on Friday announced that its board has granted in-principle approval for…
Next week marks the start of a busy earnings calendar. (AI image) Wall Street today: US stocks and oil prices were largely flat on Friday, heading toward a subdued end to the week after the sharp swings seen earlier as investors assessed the potential impact of the Iran conflict on global crude supplies.The S&P 500…
