BusinessThe Hindu BusinessLine
India's aluminium extrusion makers are at about 27-30 percent of installed capacity, ALEMAI said. Production has fallen to 8-9 lakh tonnes from around 12 lakh tonnes, against about 30 lakh tonnes of capacity. President Jitendra Chopra said aluminium product imports have risen to
The Hindu BusinessLine
Hospitality chain Grand Continent Hotels launched Grand Continent Premier Vellore, its 32nd hotel. The new property has 50 rooms aimed at business travellers, medical tourists, students, leisure guests and pilgrimage groups. Founder and managing director Ramesh Siva said the chai
The Hindu BusinessLine
Starbucks plans to close around 250 locations in North America in the coming days, CNN reported. The company said those stores missed customer and employee goals or were not financially viable. The closures are about 1 percent of roughly 18,000 North American stores. Related char
The Hindu BusinessLine
A senior US State Department official told ANI that IMEC remains a priority for Washington and New Delhi. Both sides are ready to advance the India-Middle East-Europe Economic Corridor, but progress is held in the Middle East. Gaza fighting and the US-Iran confrontation were cite
The Hindu BusinessLine
Aequs said its board approved a Rs 650 crore equity infusion through promoter-group warrants. Rs 325 crore is payable upfront on allotment, equal to half the issue size. Proceeds will expand aerospace and consumer capacity, including the Hosur facility, and support borrowing. Sha
Business Standard
The government plans ₹7.86 trillion in dated bond sales in October-March 2026-27, Friday's calendar showed. With ₹8.14 trillion issued in the first half, gross borrowing nears ₹16 trillion, about ₹1.2 trillion below the ₹17.2 trillion budget. Net borrowing stays at ₹11.73 trillio
The Indian Express
The government named LIC managing director Dinesh Pant as IRDAI Member (Actuary) and former New India Assurance CMD Girija Subramanian as Whole-Time Member (Distribution). Finance ministry papers ended Pant's LIC managing director tenure after he opted for voluntary retirement. S
Livemint
A Singapore court ruling says Vitol told Deutsche Bank in August that Radiant World contracts bearing CFO Jay Ng's signature were fake. Vitol lacked records for six invoices and called assent documents false. Deutsche Bank sought about $48.6 million in repurchases and moved about
The Hindu BusinessLine
Chennai-based Refex Industries Ltd has begun commercial Ready-Mix Concrete operations at its first plant in Wadmukhwadi, Pune, the company said in an exchange filing. The unit will supply concrete for residential, commercial, industrial and infrastructure projects. Refex said it
The Indian Express
National Stock Exchange chairman Srinivas Injeti said on Friday the exchange's primary duty is a safe market for investors even if that costs the bourse business. He spoke a day after NSE listed. He said heavy dependence on derivatives revenue must fall. A SEBI study last month f
The Hindu
The Commerce and Industry Ministry said on Friday that the government has disbursed Rs 36,754 crore to companies under Production Linked Incentive schemes as on June 30, 2026. DPIIT reported Rs 2.58 lakh crore of actual investment, Rs 23.79 lakh crore of production or sales, and
The Hindu BusinessLine
Brent crude futures fell below $106 a barrel after a two-day rally on reports of a possible phased US-Iran deal. At 10.05 am Friday, November Brent was at $105.61, down 0.93 percent. November WTI was at $93.03, down 1.67 percent. Reuters said negotiators are exploring Iran reopen
The Hindu BusinessLine
Indian government bonds fell early Friday, on course for a sixth straight weekly loss. The benchmark 6.94% 2036 bond yielded 7.1391% at 11:15 a.m. IST, its highest intraday level since May 20. India is set to sell Rs 34,000 crore of the 10-year note later in the day. The US 10-ye
The Hindu BusinessLine
Roche executive Jörg Rupp said rising non-communicable diseases are a major economic issue. At Health Innovation: Media Dialogue 2026, he said around 3 billion people live with a chronic disease. NCDs account for about 43 million deaths a year, or nearly 75 percent of deaths worl
The Hindu
Legal opinions obtained by Tata Sons support N. Chandrasekaran's reappointment as chairman. Four directors voted in favour at a September 17 meeting while Tata Trusts chairman Noel Tata opposed. Former Supreme Court judges B. N. Srikrishna and Uday U. Lalit said the casting vote
Business Standard
Department of Economic Affairs Secretary Anuradha Thakur said India has advanced BRICS discussions on cross-border payments and local currency settlements. At the SBI Banking and Economics Conclave she cited work on payment and messaging interoperability. A September 10 BRICS fin
The Hindu BusinessLine
Crisil said Indian pharma revenue growth is expected to rise to 11-13 percent this fiscal from 8 percent last year. Exports are projected to grow 14-16 percent as firms expand beyond the US into Europe, Asia, Africa and Latin America. Operating margins may fall by 150-200 basis p
The Hindu BusinessLine
SRIT India plans to raise Rs 218 crore through a mainboard IPO priced at Rs 123 to Rs 130 per equity share. The issue opens Monday and offers 1.68 crore equity shares. Choice Capital Advisors is book-running lead manager and Kfin Technologies is registrar. As of June the order bo
Hindustan Times
NSE shares debuted at Rs 1,800 on Thursday, 0.84 percent above the Rs 1,785 issue price. They later rose 3.36 percent to Rs 1,845 on the BSE. Market valuation stood at Rs 4,53,123 crore. The Rs 22,569-crore IPO drew nearly six times subscription and surpassed the LIC offer of Rs
Livemint
On September 17, the Tata Sons board voted 4-1 to reappoint N Chandrasekaran for a third five-year term starting February 2027. Tata Trusts chairman Noel Tata opposed the reappointment. The Trusts called the resolution illegal and void ab initio. Tata Trusts, which hold a control
The Hindu BusinessLine
National Stock Exchange shares rose 5.2 percent on Thursday after a near-flat debut on the BSE. The stock opened at Rs 1,800, a 0.84 percent premium to the Rs 1,785 IPO price. It later traded at Rs 1,861.80, with market capitalisation at Rs 4.60 lakh crore. The Rs 22,569-crore of
The Indian Express
The Centre cut Basic Customs Duty on edible oils effective September 24. Crude sunflower oil duty falls from 10 percent to zero. Refined sunflower oil duty drops from 32.5 percent to 22.5 percent. Crude palm and soybean oil duties fall from 10 percent to 5 percent. Refined palm a
Livemint
UK Finance said Lloyds, NatWest and Barclays completed the first interbank tokenised deposit transfers on September 24, Reuters reported from London. The banks ran two mortgage deals and HSBC tested a person-to-person marketplace payment. Tokenised deposits map commercial bank mo
The Economic Times
Traders quote NSE shares at a grey market premium near ₹83 over the ₹1,785 IPO price, about 4.8 percent, down from 14 to 17 percent. The ₹22,561-crore issue was subscribed 5.71 times and lists Thursday. At ₹1,785 the exchange values near ₹4.42 lakh crore versus BSE's ₹1.33 lakh c
The Hindu BusinessLine
Canadian Prime Minister Mark Carney said Narendra Modi is expected to visit Canada around December. On the UN General Assembly sidelines, Carney said trade talks with India were making good progress. He linked the timing to the G20 Summit on December 14-15 in Miami. Bilateral goo
The Hindu
SEBI settled adjudication proceedings against five Adani group companies for Rs 1.5 crore in an order dated September 22, 2026. The case followed Hindenburg allegations on related-party transactions. Adani Enterprises paid Rs 76.05 lakh and Adani Green Energy Rs 45.50 lakh. Three
The Hindu BusinessLine
President Donald Trump said on Tuesday he backed the idea of banning diesel exports. Treasury Secretary Scott Bessent said the administration was examining a full or partial ban. US diesel has climbed to a record $6.50 a gallon, while gasoline remains near $4.50 a gallon. Energy
The Indian ExpressArchived
Four Tata Sons directors voted on September 17, 2026 to pursue listing the holding company. That reversed their March 2024 stance against a public listing. Noel Tata was the lone opponent on the six-member board. The shift followed an RBI rejection on September 11 of Tata Sons' b
The Economic Times
The Dow Jones Industrial Average fell 184.94 points to 51,863.89 on Tuesday while the S&P 500 slipped to 7,764.27. The Nasdaq Composite rose to 27,243.24. Oil stayed choppy near $100 a barrel. Meta's Muse AI assistant lifted chip names but dragged Uber, Lyft and Expedia. Traders
The Economic Times
Maruti Suzuki said first-time buyers were 54% of April-August sales, up from 42% a year earlier after GST 2.0. Rahul Bharti said industry sales grew 28% in April-August versus a 0.4% fall in the first half of FY26, while Maruti grew 36%. Alto and S-Presso sales rose 96% to 67,334
The Hindu BusinessLine
Chennai drone maker Zuppa Geo Navigation Technologies is seeking equity funding of up to $10 million, founder Sai Pattabiram told businessline. Talks with strategic partners and foreign investors are expected to close next quarter. The firm delivered over 500 Ajeet drones to the
Livemint
Five Adani Group companies paid a combined Rs 1.5 crore to settle Sebi proceedings linked to disclosure and audit-report issues after the Hindenburg report review. The Tuesday settlement covers Adani Enterprises, Adani Total Gas, AWL Agri Business, Adani Green Energy and Adani En
The Indian Express
Civil Aviation Minister K Rammohan Naidu said Tuesday the government is deliberating airline-airport cross-ownership and has taken no decision yet. He spoke after questions on the Adani group's request for a waiver from Mumbai airport contract limits. IndiGo and the Air India gro
The Hindu BusinessLine
Anil Agarwal-led Vedanta Power will enter the Nifty 500 and Nifty Smallcap 250 indices from September 30. Changes take effect after trading closes on September 29. Smallcap 250 inclusion also places the stock in the Nifty MidSmallcap 400 and Nifty Smallcap 500. The demerged compa
The Economic Times
Sterling and Wilson Renewable Energy on Tuesday said it secured orders totalling over Rs 985 crore. Wins include a 534.3 MWp Balance of System package in Rajasthan and a 616 MWh battery storage project in South Africa. The Rajasthan work is estimated to cut 0.80 million tonnes of
The Hindu BusinessLine
Puravankara has bought a 13.44-acre land parcel in Greater Noida for a housing project with estimated revenue of Rs 5,200 crore. A Tuesday filing said the allotment marks its Delhi-NCR entry. The plot has saleable potential of 4.57 million sq ft. Land cost was not disclosed. Mana
The Hindu BusinessLine
Paramount Skydance on Monday settled with California and 11 other states suing to block its $110 billion Warner Bros Discovery purchase. Attorney General Rob Bonta said the deal adds at least $300 million more yearly US film spending. Holdout states sought independent editorial b
The Hindu BusinessLineArchived
Moneyview Limited set its IPO price band at Rs 32 to Rs 34 a share, with public bidding from September 24 to September 28, 2026. The issue has a fresh component of up to Rs 750 crore and an offer for sale of up to 100,494,200 shares. Anchor bidding is on September 23. Listing is
The Economic Times
JPMorgan Chase CEO Jamie Dimon said India is probably the fastest-growing economy while foreign firms struggle when locals use regulations to block competition. Dimon, 70, backed Tata Sons chairman N Chandrasekaran without details and praised RBI judgment on dollar steps. He said
Livemint
A proposed 0.4% merchant discount rate on UPI payments above Rs 2,000 from 15 October ends India's zero-MDR UPI era, Mint reported. Merchants pay the charge; MDR on Rs 75,000-plus transactions is capped at Rs 300. Elara estimates Nykaa could face Rs 29.9 crore annualised costs, a
Business StandardArchived
India's nine core sectors grew 4.8 percent in August, down from a revised 5 percent in July, Commerce Ministry data showed on Monday. Iron ore growth fell to 5.5 percent from 29.5 percent, and coal contracted 3.8 percent after July gains. Electricity rose to 11.6 percent, a 27-mo
The Hindu BusinessLineArchived
The Solvent Extractors' Association of India told Food Secretary Sanjeev Chopra that El Nino risks, sunflower oil uncertainty from the Russia-Ukraine conflict, and Indonesia's B50 biodiesel programme could unsettle global vegetable oil balances. SEA president Sanjeev Asthana also
The Hindu BusinessLineArchived
Data Centre Watch said 45 data centre projects worth $68 billion were blocked or delayed by local pushback in the US between April and June this year. About 30 statehouses introduced or adopted rules on siting, electricity and water, the group told Bloomberg News. It counted 843
Business StandardArchived
Former Panasonic India Chairman and CEO Manish Sharma has joined Escorts Kubota as President of its Agri Business, a regulatory filing said on Monday. That unit is the company's largest segment. He will oversee the Tractor, Agri Solutions and Service and Spare Parts divisions at
The Hindu BusinessLineArchived
Foreign Portfolio Investors pulled out Rs 20,974 crore from Indian equities in September through September 18, CDSL data show. That follows July and August inflows of Rs 20,200 crore and Rs 29,630 crore. FPIs have withdrawn Rs 2.45 lakh crore from equities so far in 2026, above t
The HinduArchived
Tata Trusts on September 20, 2026, said the September 17 resolution reappointing N. Chandrasekaran as Tata Sons chairman was not validly passed and is void ab initio. The Trusts said Articles of Association require majority support from their nominee directors. One of two nominee
Business StandardArchived
Tata Trusts, with a 66 percent stake in Tata Sons, is preparing a possible court challenge to N. Chandrasekaran's five-year reappointment after February 2027. Business Standard said the Trusts are weighing legal options. Advocate Abhishek Manu Singhvi said on Sunday he had entere
LivemintArchived
Former government scientists and repeat founders are launching defence ventures as indigenisation accelerates, Livemint reported, citing 360 ONE Asset executive Abhishek Nag. The firm recently raised a Rs 1,500-crore fund for defence and aerospace. Nag cited iDEX and ADITI roadma
LivemintArchived
Tata Trusts chair Noel Tata challenged N Chandrasekaran's third Tata Sons term after a 17 September board vote, Livemint reported. Noel said Article 118 governed the 2022 chairman vote while the board used Article 121, citing February 2022 minutes. Harish Manwani's casting vote b
LivemintArchived
Tata Sons directors met for about four hours on 17 September at Bombay House, Livemint reported. Noel Tata carried notes opposing RBI listing orders and a third term for N Chandrasekaran. Tata Trusts own 65.9 percent of Tata Sons. Other directors later announced Chandrasekaran's