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Deal set to be signed on Friday.
Deal set to be signed on Friday.

*News Headlines from Business News Agencies :* *Business Standard :* πŸ“ FCNR (B) inflows to help replace costly bulk deposits, aid bank margins πŸ“ Fintechs get boost from global AI firms as payment processing demand rises πŸ“ Piramal Pharma to stay away from generic GLP-1 race amid global rush πŸ“ US govt's curbs on Anthropic models reignite calls for sovereign AI πŸ“ NFRA tightens audit oversight with new rules on inspections, remediation πŸ“ Sebi eyes five-day FPI onboarding timeline through end-to-end digitisation πŸ“ Labour ministry eyes universal, flexible pension scheme under EPFO πŸ“ FSSAI notices to 8 companies over misleading names, claims πŸ“ Piyush Goyal invites French investments in manufacturing sector πŸ“ Coal gasification fits fuel diversification narrative, but challenges loom *Economic Times :* πŸ“ 'Oil & gas set to become one of the largest businesses for us': Anil Agarwal πŸ“ Centre urges states to accelerate nuclear power plants and green energy storage πŸ“ Basmati rice, tea exports to West Asia come to a grinding halt πŸ“ Govt said to accept tweaks to Securities Markets Code draft πŸ“ Hudco mulls $1 billion foreign debt under RBI forex swap facility πŸ“ Embraer to set up India military aircraft unit if it wins order πŸ“ YouTube earns more from Xbox games than Microsoft: CEO Satya Nadella πŸ“ Two urea plants with 25.4 LT annual capacity to start production soon πŸ“ Mumbai redevelopment projects gather steam as cluster-led developments gain traction *Mint :* πŸ“ Tata’s iPhone parts manufacturing plant in Tamil Nadu facing shutdown: Report πŸ“ Jio Platforms breaks into global top 20 in latest WIPO patents rankings πŸ“ Mutual fund distributors seek tax relief after Sebi’s expense ratio overhaul πŸ“ Insurance claim for E20 fuel damage in older cars may be rejected: ICICI Lombard πŸ“ Auto components maker Chamundi Die Cast seeks up to β‚Ή1,500 crore in PE funding πŸ“ DOJ clears Paramount Skydance's $110 bn Warner Bros. Discovery merger πŸ“ Zuckerberg pumping $145 bn into AI admits Meta made mistake in workforce shift πŸ“ Advent International Is Said Near Close of $26 Billion Fund

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ Govt targets transmission links to evacuate up to 70 GW power in FY27 πŸ“ Defence ministry signs β‚Ή449 crore deal for 20 indigenous Navy GNSS jammers πŸ“ Unicorn to add 50 Apple stores, aims for β‚Ή6,000 cr revenue in 3 years πŸ“ India-US energy ties can help achieve $500-bn trade goal by 2030: Report πŸ“ Sebi mulls easing executive remuneration disclosure norms for AMCs πŸ“ Carlyle Group seeks bankers for India IPO of healthcare RCM platform πŸ“ Zoho enters hardware segment with launch of made-in-India Nathu La server πŸ“ Short-term bond yields hit three-month low on RBI dollar measures πŸ“ India equity MF inflows drop 40% in May; gold ETFs post record outflows πŸ“ El NiΓ±o emerges in Pacific, raising risks of droughts, floods, crop losses πŸ“ PhonePe launches AI tool to help merchants build payment pages in minutes πŸ“ Talks with India remain productive, awaiting final clearance, says Starlink *Economic Times* πŸ“ India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report πŸ“ Centre approves Rs 1,359 crore four-laning of the Nagaur-Bikaner stretch of NH-62 in Rajasthan πŸ“ BSNL, IIT Kanpur sign MoU for next-generation telecom technologies πŸ“ Banks pay 7% on dollar deposits as India seeks fresh foreign currency πŸ“ United Kingdom to consider easing steel tariff plan after industry warnings πŸ“ Hindustan Zinc signs pact with Sulfozyme Agro to advance sustainable metal recovery πŸ“ Banks raise NRI deposit rates to draw dollar inflows πŸ“ DDA auction of 142 properties generates Rs 1,300 crore revenue πŸ“ CNG momentum to stay robust through FY27, Morbi PNG demand set for all-time high πŸ“ Microfinance market reports a small rise in early stage delinquency πŸ“ Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlay *Mint* πŸ“ India remains a bright spot for consumption, says Tata Sons' Chandrasekaran πŸ“ ASK Property Fund to raise β‚Ή3,500 cr amid surge in demand for private credit πŸ“ NestlΓ©'s milk and nutrition segment loses shine in India operations πŸ“ Airtel rebrands Priority Postpaid as Fast Lane πŸ“ Spacetech firms dominate first disbursals under β‚Ή1-tn innovation fund πŸ“ Indian firms pivoting to premium products for US, EU growth: Citi's Ghiawadwala πŸ“ Muthoot Fincorp begins discussions with bankers for β‚Ή4,000 crore IPO πŸ“ Hyundai Creta production hit after fire at supplier plant πŸ“ Dharana Capital buys up to 14% stake worth β‚Ή225 crore in Mygate

*News Headlines from Business News Agencies:* *Business Standard* πŸ“Β India's bond inflows hit one-year high after RBI's steps to support rupee πŸ“Β India's engineering exports rise to $122 bn in FY26: Govt official πŸ“Β India's auto retail sales reach record high in May, EV share tops 11% πŸ“Β Energy output up, adequate power available: Rajasthan Energy Minister πŸ“Β Vedanta rebrands copper, nickel businesses as Vedanta Copper, Nickel πŸ“Β Household PNG needs to be cheaper to accelerate adoption: Former IGL chief πŸ“Β Drug companies seek NPPA price revision for cancer drugs amid shortage πŸ“Β Refex Mobility crosses β‚Ή100 cr revenue mark, posts 2.5x growth in FY26 πŸ“Β UP's green energy roadmap gets β‚Ή5,400 crore booster for solar expansion πŸ“Β SpiceJet plans to induct 3 Airbus A320 planes on damp lease in July πŸ“Β Bandhan Bank opens 8 new branches across 4 states, expands network to 1,984 πŸ“ TCS signs deal to modernise Canada Life's IT infra services across Europe *Economic Times* πŸ“Β Centre has coal reserves for 80 days of power generation: Union Minister Kishan Reddy πŸ“Β Zee appoints Tejkarran Singh Bajaj as Zee5 India business head πŸ“Β Defence ministry expects 24 Tejas Mk1A jets to be ready by end of year πŸ“Β Bharat Petroleum to shut crude unit at Mumbai refinery in November πŸ“Β RBI seen joining Asia’s rate-hike push as inflation risks rise πŸ“Β Payal Industrial Park, Fourier partner on hydrogen energy storage pilot πŸ“Β Samsung Electronics' chip chief says discussed next-generation foundry, HBM cooperation with Nvidia CEO πŸ“Β Uber opens sign-ups for London 'robotaxis' ahead of launch 'in months' πŸ“Β Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent director πŸ“Β DEE Development Engineers Ltd bags Rs 387 crore contract from Bharat Petroleum πŸ“Β India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh Puri *Mint* πŸ“Β Lupin Collaborates with ERN For Luforbec pMDI Launch In Spain πŸ“Β Urban Company bets on micro-market densification to grow 2x faster than industry πŸ“Β India bans potential carcinogen, chlorine bleaching; sets first tea bag norms πŸ“Β SEBI, RBI working to launch derivatives on corporate bond indices πŸ“Β Carlsberg to file draft papers for $700 million India IPO soon: Report πŸ“Β Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets πŸ“Β Luxury beauty becomes daily indulgence, lifting Shoppers Stop’s distribution arm πŸ“Β Sensodyne maker Haleon to invest Β£175 mn in first manufacturing plant in India πŸ“Β IndiGo eyes global aviation leadership with 550-aircraft fleet

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ Auto firms seek fixed forex rates for DVA compliance under PLI scheme πŸ“ Services, digital business emerge as drivers of TaMo CV arm's earnings πŸ“ DFS asks banks for details on ATM cash crunch as shortages raise alarms πŸ“ M&M bets beyond tractors to drive farm mechanisation and rural enterprise πŸ“ China puts EVs on a diet as battery boom makes cars heavier: Report πŸ“ Valuations offer meaningful room for re-rating: Mirae Asset MF CIO πŸ“ Sattva explores data centres, expands Mumbai redevelopment pipeline πŸ“ Reliance Infra seeks review of surveillance framework linked to IBC πŸ“ United Air CEO tears into engine supplier Rolls-Royce for lack of support *Economic Times* πŸ“ Eli Lilly says next-gen obesity drug curbs sleep apnea, among other benefits πŸ“ Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie Walsh πŸ“ 7 OPEC+ nations announce second straight 188,000 bpd output increase for July πŸ“ Uzbekistan can provide more incentives to Indian pharma firms, aims to become regional hub for supply πŸ“ Global airlines slash 2026 profit forecast on fuel shock from Iran war πŸ“ Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry πŸ“ Domestic LPG prices increased by Rs 29, second hike amid ongoing Middle East crisis πŸ“ Kolkata metro gets 60 new trains, Rs 1 lakh crore railway projects for West Bengal *Mint* πŸ“ Canara Bank sees no material hit from Rajesh Exports’ exposure, says MD Singh πŸ“ Indian officials to visit Russia for talks on EAEU free trade deal πŸ“ Rajesh Exports may be removed from PLI scheme by Heavy Industries Ministry πŸ“ Air France-KLM CEO signals openness to joint bid with Castlelake for Easyjet πŸ“ Tata Steel ramps up Newport ops as Port Talbot fire causes β€˜substantial damage πŸ“ KPMG forensic review says IDFC First Bank Chandigarh fraud an isolated incident

Ipowatch CMR Green apply for listing as well as Long Term #TradeAdda #IPO #IPOWATCH

Tejas Networks sl hit exit can be readded in dips near 520 550 levels #TradeAdda

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ India's first E100 vehicle to debut on June 5: Cheaper rides, new questions πŸ“ Viceroy Properties secures β‚Ή250 crore funding from Bajaj Housing Finance πŸ“ PhysicsWallah revamps lending strategy, ties up with NBFCs for loans πŸ“ Amazon brings Kaziranga's conservation-linked products to buyers nationwide πŸ“ Digital adoption raises productivity, aids formalisation: SBI Research πŸ“ Google tests AI Search opt-out as publishers battle zero-click web πŸ“ India should focus on long-term growth despite headwinds: Citi's Fraser πŸ“ AI startup TrueFan raises $10 million led by Baring PE India, Z3Partners πŸ“ Flex-fuel can help India cut oil imports, emissions: Maruti Suzuki CEO πŸ“ Suzlon broadens clean energy portfolio with battery storage plans πŸ“ BMW Industries targets β‚Ή4,500 cr revenue from Bokaro complex by FY30 πŸ“ Bajaj Housing, Aditya Birla Housing raise β‚Ή2,767 crore through debt issues πŸ“ India's $2-billion drone acquisition to boost defence deep-tech ecosystem *Economic Times:* πŸ“ Dharavi will be congregation of smart city, transport hub and public spaces: HSBC πŸ“ Novo Holdings commits 500 million euros in new European tech growth fund πŸ“ RBI clears Myntra's FEMA violations after penalty payment; ED closes investigation πŸ“ Grest becomes first private firm to join govt IMEI verification platform πŸ“ Fire breaks out at Tata Steel's UK plant πŸ“ Voda Idea launches silent mobile verification for its subscribers using Meta platforms πŸ“ India's ageing ammonia plants need upgradation, says industry body FAI πŸ“ TVS Supply Chain forms JV with Italy's ALA Group to foray into aerospace and defence segment πŸ“ Air India, Riyadh Air ink initial pact for codeshare partnership πŸ“ Vedanta says no penalty, restrictions imposed after ED searches πŸ“ Hindalco eyes Rs 1,000 crore revenue by FY29 with Eternia experience centre πŸ“ Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projects *Mint* πŸ“ India-US trade deal could further boost already vibrant trade corridor: Citi India CEO πŸ“ Trent looks beyond apparel to focus on beauty, footwear πŸ“ Google's AI race gets costlier as Alphabet upsizes equity raise πŸ“ Uber cuts 23% of HR, People division as new president takes over πŸ“ Niche financial IPOs worth β‚Ή3,700 cr stuck in investor education loop πŸ“ Uttar Pradesh govt plans to develop pharma ecosystem over 8,000 acres πŸ“ Hyundai sees Tamil Nadu as flagship EV hub; plans to strengthen ecosystem πŸ“ IIFL Finance raises $500 mn through social bonds from global investors

Delivery Tejas Networks cmp 625 and dips 600 sl 575 Trg 675 750 Delivery trade. Small quantity. #TEJASNET #TradeAdda
Delivery Tejas Networks cmp 625 and dips 600 sl 575 Trg 675 750 Delivery trade. Small quantity. #TEJASNET #TradeAdda

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ India-Oman free trade pact comes into force; exporters set to gain πŸ“ Power demand hits all-time high in May amid intense heatwave conditions πŸ“ Suzlon Group appoints Ashok Ramchandran as President of India business πŸ“ Cars24 launches AI Labs, commits $20 mn to back AI startups and founders πŸ“ RIICO invites bids for private industrial parks at 9 Rajasthan locations πŸ“ Zee partners FIFA to broadcast 39 global football events in India till 2034 πŸ“ UP sugarcane payments cross β‚Ή31,000 crore in current crushing season πŸ“ Centre signs agreement with ISRO, rolls out new water research initiatives πŸ“ Honda Motorcycle and Scooter India sales rise 12% to 518,000 units in May πŸ“ Govt-backed ONDC enables over 300,000 daily bus, metro ticket bookings πŸ“ SoftBank overtakes Toyota as Japan's most valuable company amid AI boom *Economic Times* πŸ“ India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55% πŸ“ Railways renews push for installing Atmospheric Water Generators πŸ“ Adobe India MD Prativa Mohapatra steps down after nearly five years πŸ“ Royal Enfield sales up 15 pc in May at 1,03,231 units πŸ“ Passenger vehicle sales race ahead in May as Maruti, Kia break records πŸ“ Uber introduces 'Uber Drift' experience for tourists in Tokyo πŸ“ BFSI firms set to see AI-led decision-making and real-time fraud detection πŸ“ Nvidia bets on artificial intelligence personal computers with new chip powering Windows laptops and desktops πŸ“ Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisis πŸ“ India's seafood exports hit record high in FY 2025-26: Frozen shrimp leads growth πŸ“ Decentro secures final payment service provider licence at GIFT City *Mint* πŸ“ Industrial output grows 4.9% in April as India shifts to new IIP series πŸ“ Indian firms line up for US tariff refunds amid looming legal challenge πŸ“ Maruti Suzuki India posts record monthly sales of 242,688 units in May πŸ“ UPI sets new record: Transactions reach β‚Ή29.9 lakh crore in May πŸ“ Monsoon set to hit Kerala in days as IMD warns of storms, heatwave conditions πŸ“ Centre to seek passage of Securities Market Code for new regulatory framework πŸ“ Timex bets on quick commerce, first-time buyers as India's watch market shifts πŸ“ LeapFrog, IFC, NIIF in race for β‚Ή400 crore Marengo Healthcare stake πŸ“ Berkshire Hathaway buys Taylor Morrison in $8.5 billion cash deal

πŸ“ V-Green, ChargeZone partner to build charging infra for VinFast customers in India *Mint* πŸ“ India, South Korea agree to speed up trade-pact upgrade to fix widening deficit πŸ“ Trai quizzes Airtel over β€˜fast lane’ 5G plans amid net neutrality concerns πŸ“ NHAI targets β‚Ή35,000 crore from highway monetization in FY27 πŸ“ Bajaj Finserv commits β‚Ή1,500-2,000 cr over 5 years to AI innovation πŸ“ India’s furniture makers go local as imports turn volatile πŸ“ P&G Hygiene Q4 Results: Net profit remains flat at β‚Ή156 crore

*News Headlines from Business News Agencies:* May 28 *Business Standard* πŸ“ Defence ministry issues RFP for fifth-generation AMCA jet programme πŸ“ Southwest monsoon advances over Arabian Sea, Bay of Bengal, says IMD πŸ“ India's AI data centres may deploy up to 700,000 GPUs in 5 years: Report πŸ“ Sebi seeks tighter oversight of use of equity funds raised through markets πŸ“ Sony announces PlayStation Plus monthly games for June after price hike πŸ“ Air india to reduce domestic flights by 22% as high fuel prices bite πŸ“ Hong Kong overtakes Switzerland as world's largest offshore wealth hub πŸ“ Cabinet approves Sarthak-PDS scheme to modernise ration distribution πŸ“ UAE's Adnoc exports another LNG shipment through Strait of Hormuz to India πŸ“ Red Balloon Aerospace launches India's 1st domestic super-pressure platform πŸ“ Govt likely to begin formal marketing for $1 bn LIC stake sale next month πŸ“ Ola Electric secures regulatory approval for commercial e-scooter launch *Economic Times* πŸ“ ONGC bets on gas-led growth as premium pricing boosts profitability πŸ“ Electrification, renewable energy and data centres growth drivers: Hitachi πŸ“ India's toll collection growth likely to moderate 5-7 pc amid West Asia conflict: Crisil πŸ“ India in talks to buy Operation Sindoor hero 'S-400' from Russia πŸ“ JSW Steel kicks off Rs 65,000 crore Greenfield steel project in Odisha πŸ“ Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health Accounts πŸ“ Tata 1mg turns Ebitda positive across core units as diagnostics crosses Rs 600 cr in ARR πŸ“ PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ Finance πŸ“ Hyundai Motor India to hike car prices by up to Rs 12,800 from June 1 πŸ“ CIL arm BCCL begins commercial operation at coal washery in West Bengal πŸ“ Saregama doubles down on premium music IP even as it eyes AI monetisation *Mint* πŸ“ SBI Funds kicks off roadshows for a β‚Ή13k-crore IPO by July πŸ“ Supreme Court quashes CCI’s β‚Ή202 crore penalty on Amazon in Future Coupon Case πŸ“ DS Group brings British chain Ben’s Cookies to India, targets Gen Z and millennials πŸ“ Balkrishna hedges its bets as global headwinds hurt πŸ“ SBI says AI-driven banking still needs people, skills and leadership πŸ“ Byju Raveendran directed to appear in Singapore court on 15 June over contempt πŸ“ Himalaya Wealth eyes SME manufacturing boom with new β‚Ή500 crore AIF *News Headlines from Business News Agencies:* May 29 *Business Standard* πŸ“ Central Bank of India well-positioned to cross β‚Ή5,000 cr profit in FY27: MD πŸ“ Uttar Pradesh sets 30 MT kharif foodgrain and oilseed output target πŸ“ Offshore betting ads most violative in FY26, says Asci report πŸ“ Zoho invests β‚Ή70 crore in ONDC to support sovereign tech development πŸ“ Govt ready with plans to tackle El Nino threat to kharif season: Chouhan πŸ“ Ashok Leyland posts record Q4 profit of β‚Ή1,405 crore on strong demand πŸ“ Vodafone Idea calls for equitable, inclusive access to all customers πŸ“ Flipkart's India Post tie-up signals a more asset-light logistics strategy πŸ“ India's energy investment to hit record $170 billion in 2026: IEA *Economic Times* πŸ“ Uber raises stake in Delivery Hero ahead of fresh bid, sources say πŸ“ Fuel price hikes may impact auto demand; too early to revise FY27 outlook: TMPV MD & CEO πŸ“ TCS ties up with French firm Mistral to build custom AI models for enterprises πŸ“ IAIRO appoints AvenuesAI's CMD Vishal Mehta as Technical Advisor πŸ“ Reliance warns of a volatile oil market in FY27, bets on gas and green chemicals for growth πŸ“ Tata AutoComp, Jahwa Electronics forge JV to manufacture heaters for EVs πŸ“ IBM commits $5 billion to secure open-source software πŸ“ Reliance secures record Japan financing after S&P upgrade to A- πŸ“ BPCL appoints Pushp Kumar Nayar as Human Resources Director

*News Headlines from Business News Agencies :* *Business Standard :* πŸ“ Taiwan overtakes India as AI rally reshapes global equity market rankings πŸ“ Levying pending anti-dumping duties can save India $3 billion πŸ“ Sebi explores tokenisation of corporate bonds for faster settlements πŸ“ India office realty demand surge faces funding crunch: Knight Frank πŸ“ Union Bank approves β‚Ή8,000 crore capital raise through debt, equity mix πŸ“ 168 MT buffer available to meet rising demand: CIL on coal shortage fears πŸ“ AU Real Estate targets β‚Ή1,600 crore sales from Ghaziabad housing project πŸ“ Experts seek import discipline, trade reforms amid West Asia tensions πŸ“ Fundamentum spins up AI, deep-tech investing platform with β‚Ή2,000 cr fund πŸ“ Yet to see slowdown in sales post govt's gold directives: Titan MD *Economic Times :* πŸ“ Vacancy levels in India’s commercial office space to drop 50 bps this fiscal πŸ“ Brigade Group inks pact for Rs 850 cr residential development in Hyderabad πŸ“ Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities πŸ“ Khadi and Village Industries Commission product sales cross Rs 1.87 lakh crore in FY26 πŸ“ Zee Entertainment appoints Shipra Wahi as chief sales officer for Zee5 πŸ“ Marico forays into hair cleansing segment with its Parachute Advansed brand πŸ“ Real estate portfolio management firms to tap India’s billionaire population πŸ“ L&T wins orders from JSW Utkal Steel, IWAI, others πŸ“ Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity call πŸ“ Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists *Mint :* πŸ“ India, Canada fast-track trade pact, aim for Cepa by the year end πŸ“ Delhi high court asks SpiceJet to disclose assets in $8 million Sunbird case πŸ“ Yogi govt claims national record in power supply as UP meets 31,824 MW demand πŸ“ Rajnandini Fashion India IPO fully subscribed on first bidding day πŸ“ Tier II cities record 200% faster growth in protein demand than metros πŸ“ Westbridge, Creaegis to double down on Third Wave Coffee in $80-100 mn round πŸ“ EliLilly to buy Curevo, Limma Tech and Vaccine Company for $3.8 billion in all πŸ“Awfis targets 25–26% revenue growth in FY27, bets on premium workspaces πŸ“Solarworld Energy Q4Results: Profit surges as revenue more than triples πŸ“Marico enters the hair cleansing segment with Parachute Advansed Protein Shampoo

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ Indian drugmakers deepen US bets despite decline in pharma exports πŸ“ West Asia turmoil may dent India Inc margins by 200 bps in FY27: Crisil πŸ“ Schneider Electric sees India data centre business outpacing core growth πŸ“ Godrej-Tata team up for Gurgaon's Golf Course homes costing Rs 11-15 cr πŸ“ India turns to Latin America, Africa for crude oil amid West Asia crisis πŸ“ Hindalco sees steady Novelis earnings, strong domestic demand in 2027 πŸ“ Crisil upgrades Vodafone Idea credit rating to (A-/ stable) on bank debt πŸ“ Cyient Semiconductors raises $30 mn from Edelweiss at $500 mn valuation πŸ“ India turns net importer of finished steel in April amid rise in shipments πŸ“ India sees rising web traffic despite global slowdown in Q1, CY26: Report πŸ“ German firm B+H Solutions eyes India expansion, plans €1 million investment πŸ“ EV insurance jumps 670% as smaller cities drive policy purchase: Report *Economic Times* πŸ“ India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report πŸ“ Oil slump, central bank support manifest in rupee’s three-day winning streak πŸ“ Shriram General Insurance ties up with Piramal Finance for product distribution πŸ“ Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the US πŸ“ India’s AI boom could turn data centres into the next big infrastructure race: KPMG πŸ“ LIC hikes stake in Central Bank of India to 6.06% πŸ“ Infra projects see cost overrun of Rs 5.65 lakh crore in April πŸ“ Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikes πŸ“ Shriram Properties FY26 net profit up 30%, revenue at record high πŸ“ Kalpataru expects Rs 1,250 crore revenue from new cluster redevelopment project in Mumbai πŸ“ Panattoni plans 1.52 lakh sq ft manufacturing facility in Hyderabad πŸ“ Pvt banks likely to outperform govt banks in earnings growth over next 2 years: Report *Mint* πŸ“ India's wheat procurement surges past 34 million tonnes, bolsters food buffers πŸ“ FM says petrol & diesel excise duty cut will hit govt revenues by β‚Ή1 lakh cr πŸ“ Roseate Hotels targets asset-light luxury model with managed expansion push πŸ“ Huawei says it has workaround to match leading chips πŸ“ Schroders Capital to build on $1 bn India investment as scope for exits grows beyond IPOs πŸ“ Suzlon Energy Q4 results 2026: Consolidated profit falls 6% YoY to β‚Ή1,114 crore πŸ“ Gold rate rises amid rising possibility of a US-Iran peace deal πŸ“ Ashok Leyland bags an order of 715 vehicles from VRL Logistics πŸ“ India ranks second among emerging markets amid oil-driven volatility.

Today's News Headlines!!! *Economic Times* πŸ“ Adani, GMR among shortlisted bidders for $400 million IntelliSmart deal πŸ“ Nissan unit Jatco scraps EV powertrain plant plan in UK amid weak demand πŸ“ Ceat targets 20% margins, $1 billion revenue from Camso acquisition πŸ“ Government allocates 8,606 tonnes of raw sugar exports to the US πŸ“ US overtakes Mauritius to become India’s 2nd largest FDI source as inflows cross $11 billion mark πŸ“ Delivery cost increased by about 19% in Asia Pacific: Report πŸ“ Overseas travel spending by Indians falls to $1.09 billion in March πŸ“ South Indian cinema dominates OTT race, accounts for 60% of hit film acquisitions in 2025 *Business Standard* πŸ“ ICICI Bank seeks at least β‚Ή100 crore recovery from fintech firms πŸ“ Exim cargo at India's ports fell by 2% in April amid West Asia conflict πŸ“ UP signs β‚Ή5,000 cr allotment letters with firms for Yeida development πŸ“ Kirloskar Group sharpens real estate focus with broader asset class plans πŸ“ Govt advises citizens to avoid non-essential travel to Congo, Uganda, Sudan πŸ“ Centre ropes in IIT Madras, IIT Kanpur to help CBSE fix portal glitches πŸ“ Betting big on deep-tech, IAN Group deploys β‚Ή625 crore in 50 startups πŸ“ ICAI to set up advanced forensic lab for small, medium practitioners πŸ“ Anupam Rasayan to acquire up to 43% stake in Bliss GVS Pharma for β‚Ή1,369 cr πŸ“ Knowledge Realty Trust to invest β‚Ή700 cr to build office space in Bengaluru πŸ“ Cement makers expect 7-8% growth in FY27 despite West Asia headwinds πŸ“ Coal India plans syngas production units as gas supply concerns rise πŸ“ Hero MotoCorp eyes stronger market lead on new launches, e-scooter sales πŸ“ Mcap of 6 most valued firms surges by β‚Ή74,111 cr, Reliance biggest winner πŸ“ IRFC to raise ECB loan worth $2 billion to finance large infra projects πŸ“ LIC leads India's financial sector in Q4 with over β‚Ή23,400 crore profit *Financial Express* πŸ“ Swiggy returns to frequency battle as quick-commerce pressure mounts πŸ“ Practo bets on infrastructure model ahead of IPO πŸ“ Lighthouse Canton aims to double AUM by 2027 πŸ“ Maruti Suzuki, VinFast strengthen grip on EV market; combined share rises to 10.5% πŸ“ Tax incentives alone unlikely to reverse FPI outflows, say market experts πŸ“ Subsidy spend may exceed BE by Rs 2 lakh crore πŸ“ India’s fuel demand falls 4.6%; natural gas use down 16.7%, LNG imports plunge 29.6% *Mint* πŸ“ Dhoot Transmission files updated DRHP with Sebi for β‚Ή1,400 crore IPO πŸ“ IMD warns of dust storm to lash Delhi-NCR in next few hours πŸ“ Trump lauds PM Modi as joins virtually for 250th Independence Day celebration.

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ India beats APAC peers with highest real estate yields in region: CBRE πŸ“ RBI set for record dividend transfer to govt, fiscal gap likely to persist πŸ“ UP govt plans nearly β‚Ή600 crore investment to strengthen AI ecosystem πŸ“ Quick commerce firm Zepto plans β‚Ή11,000-crore IPO in July: Report πŸ“ Sajjan Jindal's JSW Motors secures β‚Ή8,000 crore SBI funding for EV push πŸ“ Agoda bets on resilient India market to expand its global travel business πŸ“ US trade team likely to visit India next month for talks: Piyush Goyal πŸ“ Sadev Ventures appoints Ishan Kansal as co-founder, managing partner πŸ“ India's affordable housing sector faces β‚Ή55,000 crore funding gap πŸ“ Uber, JSW Group team up to develop EVs for India's ride-hailing market πŸ“ Rising freight rates amid global tensions hit steel sector: Tata Steel πŸ“ Injectable cosmetics not allowed under law, says drug regulator CDSCO *Economic Times πŸ“ L&T opens India's largest skill training institute in Vadnagar πŸ“ FMCG sector to log 8-10% growth despite margin pressure: Crisil πŸ“ Banks must compete on customer experience to stay relevant: EY report πŸ“ Businesses can digitally record 'goods delivered' on e-way bill portal: GSTN πŸ“ Nirala World to invest Rs 525 crore to develop a mall in Greater Noida πŸ“ Capital Infra Trust to distribute Rs 436 cr to unitholders in FY26 πŸ“ Nokia launches AI networking innovation lab to accelerate AI native data center infrastructure πŸ“ PFRDA sets up panel to look at adding more asset classes for better returns πŸ“ Sundaram Alternates raises Rs 2,500 cr through ESG-aligned realty fund πŸ“ PB Fintech invests Rs 5 crore in broking arm PB Marketing and Consulting πŸ“ Shiprocket launches appointment-based delivery for quick commerce *Mint* πŸ“ FMCG products set to cost more if global pressures persist πŸ“ SpiceJet faces fresh legal challenge over $8 million UK award πŸ“ AMD invests $10 Billion in Taiwan to build AI chips and challenge Nvidia's dominance πŸ“ QSR chains brace for slower growth, low margins after weak FY26 πŸ“ Tesla announces rollout of fully self-driving tech in China πŸ“ Amazon India to add 100 beauty brands to premium kitty as online rivalry rises πŸ“ Odisha NBFC Annapurna Finance to raise $75-100 mn, facilitate investor exits πŸ“ ITC Q4 results 2026: Profit falls 72% YoY to β‚Ή5,470 crore πŸ“ PI Industries’ weak core business keeps investors on edge πŸ“ Scapia raises $63 million in fresh funding round led by General Catalyst πŸ“ K Hospitality launches β‚Ή200 crore Kliff Ventures to back consumer startups.

*News Headlines from Business News Agencies :* *Business Standard :* πŸ“ Withdrawal of retirement provident funds to soon be automated: EPFO πŸ“ Vivo JV, export push seen driving Dixon Technologies growth despite risks πŸ“ Cabinet approves Ahmedabad – Dholera Semi High-Speed Double Line project with an estimated investment of β‚Ή20,667 crore πŸ“ IFAD looking to make 3-4 direct investments in India in next one year: AVP πŸ“ Govt raises paddy MSP by β‚Ή72 to β‚Ή2,441/quintal for 2026-27 Kharif season πŸ“ Tata-backed Impetis licenses JAK inhibitor assets to Vyome Holdings πŸ“ Gold imports from Dubai may increase after import duty hike: GTRI πŸ“ Zoho invests β‚Ή70 cr in ONDC to boost digital commerce network for MSMEs πŸ“ Brokers seek Sebi clarity on payout freezes in fraud-linked cases πŸ“ India's foreign exchange reserves still robust to defend rupee: Economists πŸ“ Actions will be needed if shocks get entrenched, says RBI governor Malhotra πŸ“ Nazara posts 3x jump in profit to β‚Ή47 crore, even as revenue dips 23.5% πŸ“ Passenger vehicle sales seen hitting record 5.9 mn units in FY27: Crisil *Economic Times :* πŸ“ Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence πŸ“ Cabinet clears upgradation of Nagpur International Airport πŸ“ India can become world's AI skill capital if AI literacy doubles by 2030: IBM India MD πŸ“ Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov πŸ“ Gold volume growth may dip 10–15% after duty hike, say jewellers πŸ“ Knowledge Realty Trust leases over 3.5 million sq ft in FY26 πŸ“ Alibaba quarterly revenue rises on cloud demand, ecommerce growth πŸ“ Global oil supply to plunge below demand this year on Iran war, IEA says πŸ“ Tata Trusts case: Bombay High Court allows withdrawal of writ petition challenging trustee structure πŸ“ L&T to set up extra-high voltage substations in Middle East πŸ“ Carrier Global to minimise price increases in India, CEO says πŸ“ Maruti Suzuki earmarks Rs 1,372 crore on green logistics, crosses 30 lakh dispatches via rail *Mint :* πŸ“ Just a matter of time before govt hikes petrol, diesel prices: RBI Guv πŸ“ HPCL Q4 results 2026: Profit jumps 78% YoY to β‚Ή6,065 crore πŸ“ Railways plans PSU stake sales under β‚Ή2.62 tn monetization drive πŸ“ TVS Motor Q4 results: Net profit rises 19% YoY to β‚Ή772 crore, revenue up 30% πŸ“ Dixon's stumble is a test for the electronics manufacturing sector πŸ“ Noida airport to charge 4x higher user development fees than Delhi’s IGI airport πŸ“ Rupee slips to its lowest-ever intraday level of 95.80 against US dollar πŸ“ SpiceJet moves Supreme Court against β‚Ή144.5 crore deposit order in Maran dispute πŸ“ Air India cuts flights as West Asia conflict raises fuel costs, weakens demand πŸ“ Samsung reveals India release date for Android 17 powered One UI 9 beta πŸ“ Morgan Stanley Sees Yuan Rally Slowing, Diverging From Bulls

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ India got EU market opened for seafood through active talks: Goyal πŸ“ CII seeks phased restoration of fuel excise as crude prices stabilise πŸ“ NTPC to seek AEC approval for first 1,400 MW nuclear project soon πŸ“ J&K Bank aims for β‚Ή5 trn biz, near-zero net NPA in 2-3 years: MD & CEO πŸ“ India's M&A market resilient despite global uncertainty: StanChart's Singhi πŸ“ GCCs have to focus on what is needed in the future: Ramkumar Narayanan πŸ“ Office Reits tap hospitality to strengthen integrated campus ecosystems πŸ“ Don't expect more than a mid-to-high single digit return: KIE CEO Gupta πŸ“ DMRC partners with Airtel Payments Bank to launch Rupay NCMC cards πŸ“ 1 bn barrels lost due to Iran war will slow oil market recovery: Aramco CEO *Economic Times* πŸ“ Indian consumers balancing aspiration with prudence, driving purposeful spending trends: Report πŸ“ IBA calls for 10 pc fermented organic manure blending with fertilizers to save $2 bn imports πŸ“ Fastener traders want govt to roll back quality control order amid rising cost, supply disruptions πŸ“ Microsoft's African data center falters on payment demands, Bloomberg News reports πŸ“ Lionsgate Play doubles down on India with AI, originals, Rs 1,000 crore IP goal πŸ“ CMS bags Rs 400 cr contract to manage 6,000 HDFC Bank ATMs πŸ“ Air India has terminated over 1,000 staff in last 3 years for ethical breaches: CEO πŸ“ Airport hotels fuel hospitality growth as India expands aviation infrastructure πŸ“ Godrej Properties hopes for strong performance in FY27, aims 14% rise in pre-sales: Pirojsha πŸ“ FMCG companies bracing for another round of price increases amid inflation *Mint* πŸ“ Govt capex drives private investment surge; CII urges price restraint πŸ“ NTPC plans β‚Ή56,000 crore nuclear investment in Bihar πŸ“ Centre targets slower highway expansion in FY27, revives BOT model πŸ“ Fed Data Suggest Japan Sold US Debt Amid Intervention πŸ“ Axis Bank chases tailwinds sectors amid uneven private capex πŸ“ LG launches 2026 home appliance lineup πŸ“ NSE stops payouts on alleged fraudulent activity in client account πŸ“ ELV rules make auto sector non-compliant; FY26 scrap target missed by 70 pc πŸ“ Crude oil prices likely to stay higher for longer: ADB Chief Economist.

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ Apparel retailers back on growth track on strong Q4FY26 recovery πŸ“ Like-for-like GST growth slips to five-year low of 5.57% in FY26 πŸ“ Canara HSBC Life Insurance to expand tieups, says MD & CEO Anuj Mathur πŸ“ WhiteBoard to launch $100 mn urban assets AIF, target offshore capital πŸ“ Pvt banks expect pickup in retail credit in FY27; corp, MSME lending strong πŸ“ Retail, agri credit growth pace to continue: Indian Bank MD & CEO πŸ“ Centre removes hospital height cap, eases norms for vertical expansion πŸ“ West Asia crisis hit Waaree Energies overseas' revenue to 20% in Q4: CFO πŸ“ Foxconn launches second-generation satellites via SpaceX Falcon 9 *Economic Times* πŸ“ Lodha Developers aims 2.5-fold jump in annual net profit to Rs 8,500 cr by FY31: MD Abhishek Lodha πŸ“ UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statement πŸ“ ADB launches critical minerals financing facility for Asia-Pacific manufacturing πŸ“ Air India board meeting on May 7; cost-saving steps, CEO selection likely on agenda πŸ“ Tourism gains momentum in Manali of Himachal Pradesh; hotel occupancy reaches up to 80 per cent πŸ“ Punjab & Sind Bank aims to cross total business milestone of Rs 3 lakh cr in FY27 πŸ“ Maruti Suzuki India starts FY27 with increase in market share to 42 pc πŸ“ Central Asia's VC ecosystem hits record $320 million in 2025 but faces a critical pipeline, capital gap: Report *Mint* πŸ“ Govt says auto fuel crunch rumour led to panic buys, assures stocks adequate πŸ“ OPEC members up oil production quota by 188,000 bpd, no word on UAE's withdrawal πŸ“ Nestle India flags potential price hikes as West Asia war impacts costs πŸ“ Power prices hit zero for first time on 1 May as demand dips but supply climbs πŸ“ India ramps up raids to curb hoarding as LPG supply steadies amid tensions πŸ“ Vedanta ends fixed dividend rule ahead of five-way demerger πŸ“ Kuwait records zero monthly oil exports in April, a first since Gulf war: Report πŸ“ Auto industry faces β‚Ή25k cr hit on profits for FY26 due to end-of-life vehicle rule

*News Headlines from Business News Agencies:* *Business Standard* πŸ“ India fiscal deficit may breach target, rise to 4.5% in FY27: Fitch πŸ“ Razorpay's reported IPO route signals cautious market play among fintechs πŸ“ Indian ports turning into logistics and industrial hubs: Shipping secy πŸ“ Tech Mahindra Q4 results: Net profit rises 16% to β‚Ή1,354 cr, revenue up 13% πŸ“ Flipkart expands circular push into fashion with denim take-back plan πŸ“ FIEO asks exporters to engage with US buyers for tariff refund share πŸ“ India's unemployment to tick up, inflation to rise in 2026: Moody's πŸ“ Builders buy 3,000 acres, β‚Ή54,800 cr land deals in 2025 signal realty boom πŸ“ India's textile exports grow 2.1% to β‚Ή3.16 trn in FY26 despite US tariffs πŸ“ Packaging costs to dent alcobev margins by up to 200 bps, says Crisil πŸ“ Credit growth to slip below 12% in FY27 amid global uncertainties: Icra πŸ“ India's marine product exports surge to all-time high of β‚Ή72,325 cr: MPEDA *Economic Times* πŸ“ Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: Crisil πŸ“ DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains πŸ“ Asus commercial PC business in India clocks 170% growth in 2025 πŸ“ Refurbished electronics firm Grest secures strategic FDI from Japan’s ICMG πŸ“ DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains πŸ“ ASML says firm will not be chip industry's bottleneck πŸ“ Government revises aviation turbine fuel norms under new order πŸ“ Trent announces first-ever bonus issue in 1:2 ratio πŸ“ India among the most important growth markets for branded residences for Marriott πŸ“ IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 cr πŸ“ RBI in talks with global regulators, banks to review Mythos risks, sources say *Mint* πŸ“ E-commerce is driving FMCG volume growth in India: NIQ πŸ“ Centre plans revenue cover to de-risk barrier-free toll rollout πŸ“ Sunkonnect plans to cut 15 pc carbon dioxide emissions in edu institutes over 4 yrs πŸ“ OpenAI eyes $1.5B DeployCo venture to scale enterprise AI πŸ“ India should aspire to achieve 100% ethanol blending in near future: Gadkari πŸ“ Microfinance needs structural reform, not just a credit guarantee scheme πŸ“ NCLAT reserves order in Jaiprakash Associates insolvency case πŸ“ HCLTech stock plunges on weak guidance, AI-led growth concerns πŸ“ NestlΓ© India delivers multi-quarter high, but FY27 cool-down looms πŸ“ UK inflation jumps to 3.3% in March amid soaring fuel prices driven by Iran war πŸ“ Akasa taps Hajj travel to offset other West Asia route cuts