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Geon (erstwhile Battrixx), the battery division of Kabra Extrusiontechnik Ltd., has announced the introduction of its new range of high-efficiency lithium-ion Inverter batteries to meet the growing demand in the residential power backup segment. This marks Geon’s entry into the home inverter battery market, backed by its R&D capabilities, lithium expertise, and pan-India presence, the company said. Anand Kabra, Vice Chairman and […]

IndiGo Ventures, the corporate venture capital arm of air carrier IndiGo on Wednesday announced the first close of its maiden fund at ₹450 crore. The firm has also approved its first investment in Jeh Aerospace, a Hyderabad-based aerospace startup focused on high-precision aerospace and defence manufacturing. It, however, did not disclose how much it is

Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier said that he would be issuing tariff letters for seven more countries today. Earlier this week, he had released letters for 14 countries,

The US has more measles cases this year than in any year since 1992, with 1,288 confirmed infections nationwide.  Thirty-eight states and Washington DC have reported cases, resulting in 155 hospitalizations and three deaths, with two unvaccinated children in Texas and one adult in New Mexico.   Experts warn U.S. could lose measles elimination status as

West Bengal Chief Minister welcomes Tata Sons Chairman N Chandrasekaran at the State Secretariat West Bengal Chief Minister Mamata Banerjee on Wednesday met Tata Sons Chairman Natarajan Chandrasekaran at the State Secretariat, ‘Nabanna’. This meeting assumed significance as Banerjee met Chandrasekaran for the first time since she became the Chief Minister in 2011. The meeting

Net inflows in equity mutual funds increased 24% to ₹23,586 crore in June, according to data from Association of Mutual Funds in India (AMFI). Net inflows had dipped 22% to ₹19,000 crore in May, which was the lowest in about a year. The data for this month is seen a reversal of the trend in

GHCL Textiles Limited has commenced commercial production at its newly-added, fully automated manufacturing section at Paravai unit in Madurai. The new section adds 25,536 ring spindles, bringing the total installed capacity to 2,24,976 spindles. The company has invested about ₹215 crore for the expansion with internal accruals. R. S. Jalan, Director of GHCL Textiles, said

RSWM, the flagship company of LNJ Bhilwara Group, will focus on the southern market as its sales in the southern States grew 15 % last financial year, said Rajeev Gupta, Joint Managing Director of RSWM Limited. The company recently launched an action plan that looks at sustainable growth, focus on innovation, and presence in the

West Bengal Chief Minister Mamata Banerjee | Photo Credit: ANI West Bengal Chief Minister Mamata Banerjee on Wednesday expressed her strong disapproval over the State being wrongly shown as Bihar in a Niti Aayog report, terming it as a “grave lapse” and demanding immediate correction to rectify the document. In a letter to Niti Aayog

A joint venture between ICICI Bank and Prudential Corporation Holdings Limited, the fund house has been operating since 1998. (AI image) Mumbai: ICICI Prudential Asset Management Company Ltd has filed its Draft Red Herring Prospectus with markets regulator SEBI for a Rs 10,000 crore IPO. The shares on offer constitute 10% of the total equity

Granules logo. Photo: https://granulesindia.com/ Granules is recalling more than 33,000 bottles of hypertension drug Metoprolol Succinate Extended-Release Tablets, USP, 25 mg, in the U.S. market. It is a voluntary, firm-initiated recall on account of failed dissolution specifications. The product failed to meet dissolution acceptance criteria in the stability studies at the 6th month, the U.S.

Lupin and pan-European pharmaceutical company Zentiva Group have entered into a license and supply agreement for commercialisation of Lupin’s biosimilar Certolizumab Pegol across multiple markets globally. They will invest in the development of the biosimilar. Lupin will receive an initial payment of $10 million upon execution of the agreement and total development and regulatory

As rains lashed parts of the national capital city on Wednesday, causing waterlogging in key areas and disrupting traffic, Delhi Airport issued an advisory for passengers suggesting that they opt for the metro. However, they said that all flight operations at the Delhi Airport are currently normal. Several airlines, including Air India, IndiGo, and SpiceJet,

The first 50 such centres have begun operations across Patna, Gaya, Hajipur, Katihar, Muzaffarpur, Darbhanga, Bhagalpur and Nalanda | Photo Credit: Getty Images ASG Eye Hospital has partnered with Bihar’s State Health Society – a public-private partnership in primary eye care in India – to set up 200 vision centres across 38 districts, it said.  The

( from left ) Rajkumar Satchidanandam, Director, Rajparis; R Jeyakumar, Managing Director, Rajparis and R Satchidanandam, Chairman, Rajparis at a press conference to unveil the company’s new brand identity. | Photo Credit: BIJOY GHOSH Chennai-based real estate developer Rajparis aims to become a ₹500 crore company by 2030 from the present ₹100 crore, said its

Between January and May this year, the U.S. imported textiles and apparel worth $5.11 billion from India, which is 13% more than the exports for the same period last year. | Photo Credit: MANSI THAPLIYAL The Indian textile industry is on a wait and watch mode regarding U.S. tariff announcements. Between January and May this

The Enforcement Directorate on Wednesday announced that it has provisionally attached assets valued at over ₹50 lakh belonging to former EPFO officer Shyamlal Akhand and his family. The action was taken under the anti-money laundering legislation in connection with a case involving alleged bribery and accumulation of disproportionate assets. Also Read |₹14-crore assets of ex-principal

The average price of eggs in the key production centre of Namakkal in Tamil Nadu is ruling at ₹575 per 100 | Photo Credit: istock.com Export demand, coupled with improving domestic off-take, is keeping egg prices firm. They are 10-15 per cent higher in July compared with the same period a year ago, poultry stakeholders

The Supreme Court on Wednesday agreed to hear two more pleas challenging the Election Commission of India’s move to conduct a Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar.A bench of Justices Sudhanshu Dhulia and Joymalya Bagchi agreed to hear the pleas on July 10, along with other pending petitions. Advocate Vrinda Grover

The Supreme Court on Wednesday agreed to hear two more pleas challenging the Election Commission of India’s move to conduct a Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar.A bench of Justices Sudhanshu Dhulia and Joymalya Bagchi agreed to hear the pleas on July 10, along with other pending petitions. Advocate Vrinda Grover

A NVIDIA logo is pictured on its facility at the High-tech park at Yokne’am, in northern Israel on July 9, 2025. | Photo Credit: Reuters Wall Street stocks bounced early Wednesday (July 9, 2025) following two downcast sessions, shrugging off U.S. President Donald Trump’s latest tariff threats as Nvidia surged to a fresh record. After

Prof. Arindam Ghosh, Conference Chair of QIB 2025 and IISc Bengaluru professor India has secured over $800 million in quantum computing investments, says Prof. Arindam Ghosh, Conference Chair of QIB 2025 and IISc Bengaluru professor, highlighting a significant government contribution but a lag in private funding.  Speaking on the sidelines of the Curtain Raiser for the

Nvidia’s market capitalisation touched the $4 trillion mark for the first time on Wednesday, making it the world’s first publicly listed company to hit the milestone, amid sustained investor demand for artificial intelligence-linked stocks.Shares of the chipmaker climbed as much as 2.4% to $164 in intraday trade, buoyed by Nvidia’s leadership in high-end AI semiconductor

Workers marched in solidarity with the nationwide strike organised by trade unions in Palakkad on Wednesday. | Photo Credit: K K Mustafah Employees and workers associated with 10 Central trade unions participated in a daylong nationwide strike on Wednesday, though essential services largely remained unaffected. The strike had a significant impact in Kerala, which experienced

US stocks opened higher on Wednesday after President Donald Trump extended the deadline for new trade tariffs to August 1, calming market nerves and lifting major indices. The S&P 500 was up 0.5%, the Dow Jones Industrial Average rose 219 points (0.5%), and the Nasdaq Composite gained 0.7% in early trade.The White House had earlier

India is set to meet its ambitious target of generating 50 per cent of its total power capacity—472 gigawatts (GW)—from renewable sources by the end of 2025, Union Power Minister Manohar Lal Khattar announced on Wednesday. Speaking at the ‘India Energy Storage Week (IESW) 2025’ in the capital, Khattar said the country has made remarkable

Former United Kingdom Rishi Sunak has joined his old firm Goldman Sachs as advisory role after his brief stint as member of parliament. For Sunak, this marks his first major position since resigning as the leader of the Conservative Party last year in July, reported Hindustan Times. Announcing his appointment, David Solomon, the chief executive

With 100 per cent FDI permitted under the automatic route in shipping and shipbuilding, and fiscal incentives offered by the International Financial Services Centre (IFSC) at GIFT City, India presents a compelling case for global maritime investors, a top government official has said. Key benefits include a 10-year tax holiday, zero GST on ship imports,

The Public Works Department (PWD) of the Delhi government has cancelled the controversial Rs 59.40 lakh tender floated for the renovation and electrical works at the official residence of newly appointed Chief Minister Rekha Gupta. The tender, which was scheduled to be opened on July 4, was abruptly scrapped on July 7 citing “administrative reasons”,

Image used for representational purposes. | Photo Credit: Getty Images/iStockPhoto Earth Intelligence will offer a $20 billion new revenue growth opportunity for Technology and service providers through 2030, forecasts Gartner on Wednesday (July 9, 2025). Earth intelligence indicates the application of AI to Earth observation data to deliver solutions specific to industries and business functions.

India is positioning itself as a global maritime hub by opening doors to international investors with 100 per cent Foreign Direct Investment (FDI) under the automatic route in shipping and shipbuilding, coupled with tax and policy incentives at the International Financial Services Centre (IFSC) in GIFT City. Speaking at the ‘India Maritime Investment Meet’ hosted

(from left) Grand Master R Praggnanandhaa, Vellayan Subbiah, Executive Chairman, Cholamandalam Investment and Finance; PR Venketrama Raja, Founder, Ramco Systems and Chess world champion Viswanathan Anand, at the launch of Chola Chess | Photo Credit: Bijoy Ghosh In a bid to strengthen India’s chess ecosystem, Murugappa Group-owned Cholamandalam Investment and Finance Company (Chola) on Wednesday

Bailable warrant against actor Malaika Arora cancelled after she appears before Mumbai court. Source link

Sheets of copper cathode at BHP Billiton’s Escondida, the world’s biggest copper mine, in Antofagasta. File | Photo Credit: Reuters The proposed 50% import tariff on copper announced by U.S. President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines

June tractor volumes growth was supported by the early onset of rains and healthy agricultural activity After a gap of eight months, tractor sales breached the one-lakh mark in June, thanks to the timely arrival of monsoon, good rabi crop harvest and improvement in kharif crops. In June, tractor sales were up 10 per cent

Rescue operation underway after several vehicles fell into the Mahisagar river when a portion of a four-decade-old bridge collapsed, in Gujarat’s Vadodara district, Wednesday | Photo Credit: – A portion of a bridge built over Mahisagar (Mahi) river in Gujarat collapsed on Tuesday, killing at least 10 people and injuring 5 others. Prime Minister Narendra

The Hers website arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk‘s patent on its branded drugs Ozempic and Wegovy is set to expire in January. “Canada is

In 2024-25, the State produced 256 lt of paddy | Photo Credit: REUTERS West Bengal expects total paddy production for this crop year (July 2025-June 2026) to exceed last year’s bumper production of 256 lakh tonnes. Total paddy production in Bengal, India’s largest rice-producing state, was a record high in 2024-25. The West Bengal government

Gold price today: Gold prices declined by Rs 700 to Rs 98,420 per 10 grams in the national capital on Wednesday, tracking weak global cues amid reduced expectations of a near-term rate cut by the US Federal Reserve. According to the All India Sarafa Association, gold of 99.9% purity had settled at Rs 99,120 in

Agencies that rate non-SEBI-regulated instruments must charge a fee for the same and maintain arm’s length from the business that rates SEBI-regulated entities, SEBI said. File | Photo Credit: Reuters Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (July 9, 2025) proposed allowing credit ratings agencies to rate financial instruments regulated by other

Power demand in India fell 1.9 per cent (year-on-year) in June to 150 billion units (BUs) — declining for the second consecutive month — as above-normal monsoon rainfall lowered temperatures in most of the country, a Crisil report said on Wednesday. India received 7 per cent excess rainfall compared with the long period average between

The Union Ministry of Finance has told the Delhi High Court that at present, it has no proposal under consideration regarding the introduction of a Rs 50 coin. The Centre’s response came in the backdrop of a plea, filed by advocates Rohit Dandriyal and Mini Agrawal, which sought directions to issue Rs 50 coin, highlighting the

Stock markets closed lower on Wednesday (July 9, 2025) due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Dragged by late selling, the 30-share BSE Sensex fell by 176.43 points or 0.21% to settle at 83,536.08. During the

Representative image | Photo Credit: Getty Images/iStockphoto The rupee appreciated by 6 paise to close at 85.67 (provisional) against the U.S. dollar on Wednesday (July 9, 2025) following optimism over a possible trade deal with the U.S. and a delay in the imposition of reciprocal tariffs. A firm U.S. dollar in overseas markets and crude

Flexi and small-cap funds registered the highest inflows | Photo Credit: kroach Inflows into equity mutual funds in June increased 24 per cent to ₹23,587 crore against ₹19,013 crore logged in May with investors pumping in more money even as the markets remained volatile. Flexi and small-cap funds registered the highest inflows of ₹5,733 crore

Rescuers search for survivors after a bridge collapsed in Vadodara in the western state of Gujarat, India, July 9, 2025 | Photo Credit: STRINGER Nine persons, including a child, were killed and nine others rescued after a portion of a four-decade-old bridge collapsed in Gujarat’s Vadodara district on Wednesday morning, officials said. A slab of

Ravindra Pai, Managing Director, Century Real Estate  Century Real Estate plans to scale up its commercial portfolio from the current 30 per cent to 50 per cent over the next five years. The expansion includes the phased development of around 7 million sq ft of marquee Grade-A office projects. Managing Director Ravindra Pai told businessline

The East Central Railway on Wednesday reported that 17 train services were disrupted following protest activities by members of the Rashtriya Janata Dal (RJD) and allied parties of the Bihar Mahagathbandhan. According to railway officials, various protest actions, including demonstrations, sloganeering, and train blockades (rail roko), staged across major railway stations in the Samastipur, Danapur,

IAF fighter jet crash: Two pilots, who were onboard the Jaguar fighter jet for a routine training mission, were killed as the aircraft crashed into a field in Rajasthan’s Churu, the Indian Air Force (IAF) said in a statement on Wednesday, July 9. The IAF fighter jet crash incident happened around mid-day when a twin-seater