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News Headlines from Business News Agencies:
Business Standard
π Govt mulls FDI liberalisation to bring more crops under plantation sector π TCI plans to grow coastal shipping capacity by 30-40% over 4-5 years π Resilient demand to help jewellery retailers maintain growth trajectory π HDFC Bank woes put spotlight on leadership continuity, top-tier handovers π Power plants with critical coal levels rise to 58; experts say no crisis π NTPC suggests four amendments to draft SHANTI rules for nuclear power π Indian CCTV makers move in as Chinese companies face rule hurdle π Retail investors power direct mutual fund shift as digital access grows
Economic Times
π India's festive season promises strong show as quick commerce reshapes online shopping battle π Paint makers expect healthy FY27 demand amid price hikes; competition intensity remains high π Pharma sector must attract more investment in clinical trials, R&D: Piyush Goya π ISRO will not be privatised, role to strengthen under space sector reforms: Govt π DP Abhushan targets 51 stores, Rs 15,000 crore revenue by FY30 π Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEO
Mint
π India moves to block new nicotine pouch formulations amid addiction risks π Taj at Delhi Airport, Ritz-Carlton in Hyderabad: Chalet Hotelsβ expansion plan π NSE denies Chauhan being considered for Tata Sons chairman π Capital-conservative RPG turns aggressive buyer in API expansion π OPEC Sticks With Plan to Keep Oil Output Quotas Unchanged π GST Council meet rescheduled to Oct 7 amid BRICS clash π UK business minister to meet Jaguar Land Rover CEO over job cuts
News Headlines from Business News Agencies:
Business Standard
π GIFT-IFSC based funds' commitment crosses $45 billion, shows data π Construction costs rise 34%, housing prices 59% in 5 years: Anarock π ASK Property Fund commits βΉ300 crore to two Ghaziabad housing projects π Mumbai redevelopment share in housing sales rises to 15%: JLL-Naredco π RBI's Murmu urges NBFCs, HFCs to diversify funding, strengthen liquidity π Sebi proposes net settlement of cash market trades for mutual funds π Beams Fintech Fund leads βΉ215 crore investment in MSME lender BNF π Uttar Pradesh fast-tracks acquisition of 25,000 hectares near expressways π Cradlewise raises $12 million in Series A round led by 3one4 Capital π VLCC raises βΉ110 crore from BlackSoil Capital to support expansion π Maharashtra sees over $300 bn investment interest in data centres π Services PMI rises to 54.1 in August as output and employment pick up
Economic Timesββ
π Govt unveils strategic blueprint on defence diplomacy that outlines India's vision for next decade π EV subsidies to end in coming years, auto companies must prepare: Heavy Industries Secy π NIELIT, Intel India launch Agentic AI skilling programmes for youth across India: MeitY π Aditya Birla Sun Life Flexi Cap Fund turns Rs 10,000 monthly SIP to over Rs 7 crore in 28 years π Retail sugar price drops 3.85% to Rs 62.57/kg in a week: Govt data π Liquidity management, asset quality among pillars for NBFC growth: RBI DG π RPG Life Sciences subsidiary acquires Raghava Life Sciences' API biz for Rs 135 cr π Slice closes $100 million round as valuation more than halves to $470 million π PC Jeweller clears debt to ninth consortium bank, eyes debt-free status this month π Carlyle-backed VLCC raises Rs 110 crore from BlackSoil to fund growth π Russian Sber bank works towards expansion in India π GE Aerospace delivers 3 more F404 engines to HAL for LCA Tejas Mk1A in August
Mint
π India Incβs earnings recovery hits a margin test π Kotak Alternate names Pushkar Jauhari as CEO for PE, VC arm π JSW Jetour T2 PHEV set for India launch in 2027 π Goyal calls for nationwide push to unlock export benefits under FTAs π SpiceJet to fly 200 flights daily, finalises lease deal for 20 aircraft π FSSAI plans nationwide ban on analogue paneer ahead of festive season π RBI deputy governor urges NBFCs to diversify funding resources π Boeingβs $8.4 billion deal is bleeding red ink π Credlix crosses $1 bn in export financing for MSMEs, targets $10bn in five years π FLY91 Places order for 40 ATR 72-600 Aircraft Valued At $1 Billion
News Headlines from Business News Agencies:
Business Standard
π RBI's forex swap window draws $136.37 billion, FCNR (B) leads inflows π AI leads salary growth in India as employers pay more for scarce skills π Govt defends GDP estimates, says revisions reflect data, not growth boost π India's economy can near $20 trn by 2046 if current growth pace holds: CEA π CV sales shift up a gear in Aug as freight, replacement demand strengthen π Auto industry must stay one step ahead of hackers, says Maruti CEO π US-Iran fighting escalates as Tehran retaliates with missile, drone strikes π Huge launch next week, says Apple CEO John Ternus in first memo π FCNR(B) inflows cross $100 billion, beat RBI's $80-billion estimate: Report π Auto-component makers face rising competition for talent, raw materials
*Economic Times
π India's e-commerce market to hit USD 345 bn by 2030; dark stores to triple πNCLAT seeks status report on delayed Supertech housing projects by NBCC π Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacity π Amazon to hire 160,000 temporary workers for festive season demand π L&T Finance plans to add 500 gold loan branches annually π UrbanVault leases 100,000 sq ft in Chennai, expanding national portfolio to 3 million sq ft π Share of electricity in India's overall energy mix to reach 45-50 pc by 2047: Official π Thomas Cook India, SOTC Travel to launch Bengaluru-Lakshadweep charter flights π ONGC Videsh eyes Venezuela oil assets after US green light π Coal India bets βΉ50,000 crore on life beyond coal; goes big on gasification, critical minerals
Mint
π Cybersecurity infra worth $1 trillion isn't ready for AI, Palo Alto CEO says π Mitsubishi Pajero returns: New-gen SUV unveiled with Toyota Fortuner-rivalling specs π '7.8% growth but still import-dependent': Sridhar Vembu explains Modiβs Swadeshi push π Tukaram Mundhe's FDA action: Maggi, Layβs, Kurkure packs found with fake expiry dates in Mumbai were meant for export π Happiest Minds' CEO, MD rule out layoffs after merger announcement with ITC Infotech; say deal to boost talent pool π Happiest Minds' CEO, MD rule out layoffs after merger announcement with ITC Infotech; say deal to boost talent pool π Apple to give new CEO $3 million salary π Uber layoffs: App-cab company to slash 3,300 jobs in biggest layoff since 2020 π La Caisse invests βΉ12,100 crore for 24% stake in Brookfieldβs Altius Telecom π Zerodha gets SEBI approval for merchant banking licence π Whirlpool launches Luxuriem line of 4-door refrigerators in India
News Headlines from Business News Agencies:
Business Standard
π India's engineering R&D revenue may cross $100 bn by 2030: Nasscom π IT services hiring demand hits 18-month high in September: Xpheno π Green SM leases 1,050 EV parking bays in Greater Noida for βΉ15.5 cr π Royal Enfield sales rise 11% to 126K units in Aug on strong domestic demand π India, Zambia resume talks on copper, critical mineral investments π CPP Investments commits up to βΉ2,070 crore to NIIF Infrastructure Fund II π Reliance Consumer Products enters ice-cream market with Bombay Creamery π Lloyds Realty plans βΉ1,935 crore redevelopment project in Goregaon π UPI sets new record at 24.51 bn transactions in Aug, value at βΉ29.82 trn π RBI appoints Suman Ray as executive director with effect from September 1 π VinFast suspends plans to make some EVs in India, reassesses costs π Tata Motors gains PV market share as non-EV sales rise, EVs rebound
Economic Timesββ
π RBI intervention, dollar flows push Indian rupee to two-month peak π Only 22% companies have scaled AI across business units: Report π Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gas π India's installed power capacity projected to surpass 2,000 GW by 2047 π Sumadhura Group to develop 1.2 million sq. ft. of warehousing space in Chennai π BookMyShow Live bets big on Indiaβs concert boom with Stageco gear π HDFC Bank CEO Jagdishanβs refusal to overhaul bank fueled surprise exit as chairman pushed for changes π Indian pilotsβ body warns Noel Tata over Air India exodus, flags safety concerns π Sugar dealersβ stock limit cut to 2,000 quintals from September 15 π Hines, Conscientβs Elevate Homes ink βΉ4,000 crore Gurugram housing deal π Kepler Aerospace raises $8 million in seed round led by Blue Ashva Capital π India's power consumption rises nearly 13% to 169 billion units in August
Mint
π GST collections rise 14.8% to βΉ1.99 trillion in August; refunds jump 68% π Centre slashes sugar dealersβ stock limit to 2,000 quintals from 15 September π UBL expects premium beer to grow 3x faster than market π Oil companies set for earnings recovery in Q2 despite uncertainty π Reliance enters Indiaβs ice cream market π Sun Pharma inks drug pricing deal with US government π CCPA flags 5,008 Eureka Forbes complaints about service lapses, deceptive claims π Indian Bank to open 100 new branches and hire 2,500 employees this fiscal π IPO-bound Parle Products appoints former PepsiCo executive George Kovoor as CEO
News Headlines from Business News Agencies:
Business Standard
π India's GDP grows 7.8% in Q1FY27 despite disruptions from West Asia crisis π India's April-July fiscal deficit at 26.8% of 2026-27 target: Govt data π South Eastern Coalfields, Mahanadi Coalfields IPO by year-end: CIL CMD π AIG Hospitals plans to invest βΉ2,000 crore in 1,000-bed Vizag project π Parth Jindal takes the wheel as JSW's auto ambitions gather pace π Hulic, HDFC Capital make 1st joint investment in Mumbai residential project π CCPA slaps βΉ1 lakh fine on United Biscuits over 'wholewheat' claim π Govt considering easing FDI norms in defence sector for overseas investors π Japan plans $55.6 bn budget to beef up its defence with drones, missiles π NIIF raises βΉ19,000 crore in first close of second infrastructure fund π IOC boosted LPG output by 30% amid Iran war, refineries ran over capacity π Piramal Finance raises βΉ2,100 cr via QIP; total fundraise at βΉ3,850 cr
Economic Timesββ
π SLB to expand data center business with $3.4 billion deal for Kelvion π Bank of Baroda to recruit 2,482 officers fluent in local language across 20 states π Hero MotoCorp expands sales network in Central America in collaboration with VELOSA π Soitec locks customers into multi-year deals as AI wafer demand surges π VerSe bets on SparkStation to make AI video cheaper and more consistent π Aon strikes $17 billion deal for rival USI Insurance Services π Huawei H1 profit drop quickens to 36% on rising costs, R&D spending π India rupee hits near four-week high on equity-related flows, RBI support; logs monthly rise π MapmyIndia, ClarityX launch Geo-FI AI platform for lending risk and collections π Asset manager State Street completes Rs 580-crore investment in Groww AMC, takes 23% stake π Mumbai property market continues strong run, records best-ever August π Gopalpur Industrial Park set to drive Odisha's green push with Rs 65,000 crore investment pipeline
Mint
π India targets 1 lakh more semiconductor engineers under Semicon 2.0: Vaishnaw π Mahajan Imaging, Neuberg Diagnostics partner to expand in North India π NIIF raises $2 billion towards Infra Fund 2's first close, largest till date π SpiceJet seeks more time to pay βΉ50 crore to Maran π Kotak Mahindra Bank is said to recommend two internal candidates for CEO π PFRDA asks pension funds to rename, restructure MSF schemes within 30 days π Honda confirms new compact SUV for India in 2028 to rival Nexon, Venue π Spark Capital Group steps up focus on high-growth firms with two funds
*News Headlines from Business News Agencies:*
*Business Standard*
π SBI's total business may double to βΉ200 trillion by 2030: Chairman
π FPIs add βΉ23,544 cr to Indian equities in Aug on earnings, rupee stability
π Strong inflows via RBI's swap schemes lift reserves, fail to boost rupee
π VW Group India weighs global EVs, local assembly for India market
π Rising steel, bitumen costs may taper construction equipment growth in FY27
π China's Sinopec first-half profit rises 12% after surge in energy prices
π IIFCL initiates $1.8 bn external commercial borrowing fundraising programme
π Pride Hotels steps up expansion, plans βΉ1,000 crore IPO by December
π Mahindra & Mahindra to intensify exports with new pickup 'Lifestyler'
π Starbucks India to accelerate store expansion after business recalibration
*Economic Times*
π India-Japan business mission to focus on semiconductors, electronics; MoUs expected during visit: FICCI
π Defence ministry backs major shipbuilding, manufacturing expansion in West Bengal
π Alibaba proposes $10 billion share placement to fund global AI drive
π Senco Gold eyes 25 pc revenue growth to Rs 11,000 cr in FY27
π Sales bookings of 28 major listed realty firms fall 21% to Rs 40,000 crore in Apr-Jun; Godrej tops chart
π Grasim eyes Rs 2 lakh crore revenue in FY27 as growth platforms scale up: KM Birla
π Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MD
π Centre pushes states to speed up PNG adoption, seeks district-level officers to drive LPG-to-gas transition
π Top FMCG firms reshuffle leadership as industry navigates growth challenges
π Commercial vehicle loans post 20.1% five-year CAGR as used cars and auto premiumisation drive lending: report
*Mint*
π Zee Entertainment allots 20.94 crore warrants to Sunbright Mauritius
π Broadcom eyes $80 billion debt deal to fuel Anthropicβs AI chip ambitions
π Paramount and California to hold preliminary talks over Warner Bros deal: Report
π Mutual funds bet across market caps in July: Top large, mid and small-cap buys
π FSSAI suspends license of Marche Retail; restrains SDP Industries from selling ghee
π Need to scale storage capabilities amid growing RE capacity: Industry experts
π Mangoβs India sales split 50:50 online, offline as q-commerce boosts repeat buys
π Gemini Edibles & Fats India files draft papers to raise funds via IPO
π Nvidia reportedly warns customers about upcoming price hike of AI servers by 15%
