* Piramal Finance plans to double retail AUM to Rs 1 trillion by FY28.
* Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles.
* Amid the heatwave, Delhi's peak power demand reaches a record high of 8,647 MW.
* Power ministry asks utilities to be on high alert due to rising demand.
* Future Generali India Life announces a 12% bonus hike to policyholders.
* BLS E-Services to acquire a 55% stake in Aadifidelis Solution for Rs 190 crore.
* Government data shows that 77% of rural households provided tap water connections.
* Coal India exploring lithium assets in Argentina with a US company.
* BPCL to invest Rs 1,400 crore to set up sustainable aviation fuel facilities.
* Ahead of JP Morgan's inclusion, HSBC sees $250 million of India swap deals.
* China's jet fuel exports were up 68.1% on year in May on rising travel demand.
* HUDCO raises $200 million from overseas lenders for its foray into the loan market.
* India's net direct tax collections up 21% YoY to over Rs 4.62 lakh crore in April-June.
* India poised for strong growth; but no room for complacency: Shaktikanta Das.
* Vodafone PLC to sell 9.9% stake in Indus Towers on Wednesday through block deals.
* ZF group will likely sell up to a 5% stake in ZF Commercial Vehicle for Rs 1,423 crore.
* GenAI startup Ayna raises $1.5 million in a funding round led by Inflexor Ventures.
* Infosys rolls out AI-powered marketing offering Aster to boost sales by 40%.
* Larsen & Toubro bags 'significant' orders in Hyderabad, Mumbai.
* Dhanlaxmi Bank appoints Ajith Kumar KK as MD and CEO.
* Nachiket Pantvaidya appointed GM of Sony Pictures International Productions India.
* Amazon announces expansion of its grocery service unit to over 130 cities.
* eBikeGo plans to expand e-two-wheeler fleet to 1 lakh units by FY26.
* Aye Finance raises $30 million in debt from the Dutch Development Bank.
* Fitch raises India's growth forecast for FY25 to 7.2% from 7%.
* India Inc’s revenue growth likely to slow down QoQ in Q1FY25: ICRA.
* Centre plans to bring t-shirts and innerwear under the PLI scheme for textiles.
* Government may hike exemption limit to ₹5 lakh under new income tax regime: Report.
* Poonawalla Fincorp grants 22,30,000 stock options under ESOP 2024 Scheme-II.
* AMD bets big on 'pervasive AI' to keep pace with the chip race.
* Elon Musk plans stock option grants to Tesla's high-performers, says report.
* Tesla sues EV battery supplier Matthews over alleged disclosure of trade secrets.
* Jewelry demand turns dull as gold becomes pricier: Icra.
* Rental growth slows in India's top cities amid housing supply surge.
* Sebi plans tweaks to address derivative trading risks: Report.

0 Comments