Business News

Business

July Sees Dramatic Shift as Foreign Investors Withdraw Rs 17,741 Crore from Indian Equities Amid US Tariff Tensions

In July, foreign portfolio investors turned net sellers in the Indian equity market, withdrawing Rs 17,741 crore amid global trade tensions and US tariffs, marking a significant sh...

Business

ICRA Forecasts 4.5% Growth in Farm GVA for Q1 FY26 Amid Mixed Sowing and Rainfall Challenges

ICRA reports a projected moderation in agricultural GVA growth to 4.5% in Q1 FY26, citing mixed sowing patterns and rainfall variations. The sector's outlook remains robust, with s...

Business

ARCIL Sets Stage for Landmark IPO: Avenue Capital-Backed Firm Eyes Market Debut as GIC Exits

ARCIL, backed by Avenue Capital, files for an IPO with Sebi, marking a significant milestone. The IPO involves an offer for sale by existing shareholders, including a complete exit...

Business

Mahindra & Mahindra Expands CV Portfolio with Strategic 58.96% Acquisition in SML Isuzu for Rs 555 Crore

Mahindra & Mahindra Ltd acquires a 58.96% stake in SML Isuzu for Rs 555 crore, rebranding it as SML Mahindra Ltd. This strategic move aims to expand M&M's market share in the comme...

Business

JSW Cement Adjusts IPO Strategy: Reduced to Rs 3,600 Crore, Sets August 7 for Public Offer

JSW Cement has adjusted its IPO size to Rs 3,600 crore, with the public offer opening on August 7. The IPO includes a fresh issue and an OFS, with proceeds aimed at expansion and d...

Business

LIC Housing Finance Reports Modest 4.6% Profit Rise Amid Slowing Disbursement Growth

LIC Housing Finance reports a 4.6% rise in net profit to Rs 1,359.9 crore for Q1 FY26, with disbursement growth slowing to 2%. Despite higher finance costs and provisions, asset qu...

Business

Federal Bank Reports 14.6% Decline in Net Profit to Rs 861 Crore Amid Rising MFI Provisions

Federal Bank reported a 14.6% decline in net profit to Rs 861.8 crore for Q2 2025, attributed to increased provisions. Despite this, the bank showed operational strength with growt...

Business

Kia Issues Major Recall for Over 200,000 US Vehicles Due to Door Belt Safety Concerns

Kia America recalls 201,149 vehicles in the U.S. due to a door belt failure that could lead to accidents, affecting certain 2023-2025 Telluride SUVs. Owners will be notified by Sep...