* SoftBank-backed Ola Electric suspends car project to focus on scooters and bikes.
* CIC, two Information Commissioners working in transparency watchdog: Government.
* Unimech Aerospace raises Rs 250 crore led by Steadview Capital, others.
* India's duty cut halts concessionary silver and platinum imports from UAE.
* Air India Express adds Agartala to its network as its 46th destination.
* Auto component industry turnover up 10 percent at Rs 6.14 lakh crore in FY24: ACMA.
* Indian cybersecurity startups on the growth path: Accel’s Prayank Swaroop.
* Coal-based power capacity needs Rs 6.67 lakh crore investment to meet demand by 2032: Power Ministry.
* Lowered customs may improve India’s global positioning in the apparel and footwear market.
* The Nokia brand is fading away as HMD smartphones take baby steps.
* Embassy REIT Q1 Results: NOI sees a 4% jump, 70% YoY growth on leasing witnesses.
* IDBI Bank investors received security clearance; await RBI approval.
* The government is ready to handle $5.1 billion bond payments for MTNL amid the liquidity crisis.
* Texmaco Rail and Engineering acquires Jindal Rail Infra for Rs 615 crore.
* Ashok Leyland Q1 FY25 results: Net profit declines 6% to Rs 509 crore.
* Tata Motors' market capitalization crosses Rs 4 trillion for the first time.
* GCCs may occupy 26 million square feet of office space by 2027: Knight Frank India.
* First draft of revised direct tax code in 6 months: Revenue secretary.
* Climate events threaten loan repayment abilities: RBI deputy governor Rao.
* I-T Act review attempt to make it easy for taxpayers: CBDT chairman.
* Government extends deadline for pharma cos to submit UCPMP undertaking till 31 July.
* India's market capitalization to GDP ratio hit a new high of 124% in FY24.
* Mankind Pharma emerges as frontrunner to acquire Advent-backed Bharat Serums.
* Government races to register 10,000 farmers’ producer organizations by year-end.
* Hyundai Motors profits exceed analyst estimates, focus on hybrid cars demand.
* Nestle India Q1 Results: Net profit rises 7% to ₹747 crore, revenue up 3.3% YoY.
* Maharashtra leads in electric buses, Delhi is a close second: Government.
* Sebi directs NSE to review transactions between Linde India and Praxair.
* Rural markets to grow faster than urban in FY25 on good monsoon: Kantar.
* Global economy surpasses expectations with 3.2% growth in 2023.
* ICMR releases 32 new treatment standards for five specialties.
* Rajasthan government plans Jaipur Metro expansion to key areas in Phase II.
* Regional print media to grow 8-9% from ad revenue, lower costs: CRISIL.
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