- Months after ₹6k crore IPO, Raajmarg Infra mulls another share sale July 22, 2026The trust, which is backed by the government, is considering a qualified institutional placement or a follow-on public offer, the people said, asking not to be named because the discussions are private.
- Indian conglomerates' new pitch to foreign investors: Build with us from day one July 22, 2026Instead of waiting to sell stakes after projects are de-risked, India's largest business groups are increasingly bringing in foreign equity partners at the outset to share risk, reduce capital outlay and fund simultaneous expansion across sectors.
- Man Tied to $100 Million NJ Deli Scam Gets 21 Months in Prison July 21, 2026A twice-convicted felon who helped orchestrate a scheme to inflate the value of a small New Jersey delicatessen to more than $100 million was ordered to spend 21 months behind bars.
- Jamie Dimon says AI spending will pay off—but 'definitely not' on the timeline you expect July 21, 2026JPMorgan CEO Jamie Dimon expresses cautious optimism about AI investments, predicting they will pay off in the long run but warns against complacency due to geopolitical and fiscal risks that could disrupt markets.
- Mahindra Finance Q1 profit jumps 75% to ₹927 crore on higher interest margin, lower provisions July 21, 2026Mahindra and Mahindra Financial Services on Tuesday reported a 75% jump in its consolidated net profit at ₹927 crore in the June quarter of FY27 on higher net interest margins and lower provisions.
- Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up again July 21, 2026Renewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel availability. Sea freight rates have surged sharply, doubling or even tripling on several routes. Congestion at key Indian ports, including Mundra and JNPT, has further worsened shipping delays. The disruption has incre […]
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowing July 21, 2026Fertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasing demand for timely distribution. Port congestion and supply chain issues are delaying crucial fertiliser dispatches. West Asia crisis and rerouting of vessels contribute to these significant delays. Industry executives e […]
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowing July 21, 2026Fertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies during the peak kharif sowing season. Port congestion and supply chain disruptions are slowing cargo movement significantly. Rainfall revival has accelerated kharif sowing, increasing the need for timely fertiliser. Inland l […]
- 'Redevelopment agreement not a property receipt, so not taxable': ITAT July 21, 2026Mumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse provisions. The tribunal allowed a taxpayer's appeal against a ₹1.38 crore tax addition. Registration creates contractual rights, not actual property possession or receipt. This decision clarifies tax treatment for ong […]
- House panel seeks periodic review of competition law framework, cites repeated violations of rules July 21, 2026A parliamentary panel recommended reviewing competition law for the digital sector. It called for vigorous enforcement of monetary penalty guidelines by the CCI. The panel also stressed a transparent methodology for calculating penalty amounts. Adequate protection for small businesses from monopolies was also suggested. Enhanced cooperation between the CCI a […]
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