- Victorinox bets bigger on India with exclusive stores, e-commerce push July 3, 2026The Swiss brand unveiled its India Vision 2030 roadmap, targeting five exclusive stores by 2028, a dedicated e-commerce platform and wider retail expansion as it seeks to tap rising demand for premium watches and lifestyle products.
- JSW Steel kicks off ₹16,350 crore low-carbon steel project in Andhra Pradesh July 3, 2026The electric arc furnace plant is part of the steelmaker's ₹16,350 crore investment to expand capacity and produce lower-carbon steel.
- Bank of Baroda's ₹5,700 crore NMC settlement to weigh on FY27 profitability July 3, 2026A one-time legal payout equivalent to nearly 28% of the lender's FY26 net profit is expected to dent earnings, though analysts say its capital position and long-term growth remain intact.
- Food inflation reshaped household consumption in FY26, says Nestle India CMD July 3, 2026Nestle India declared a special dividend of ₹2 per equity share with a face value of ₹1. Following the news, its shares rose over 1% on Friday
- HCLTech said to have won $1.14 billion contract from Mercedes-Benz, ending three-year mega-deal drought July 3, 2026The deal assures HCLTech $228 million in annual revenue, translating to about 1.6% growth in FY27.
- India extends anti-dumping duty on US, Malaysia, South Africa butyl alcohol July 3, 2026India has extended anti-dumping duties on butyl alcohol imports from the US, Malaysia, and South Africa for five more years. This move aims to protect local manufacturers from unfairly priced foreign products. The Directorate General of Trade Remedies found that removing the duty could lead to a surge in dumped imports, harming domestic producers. This ensur […]
- Apps blocked over EV shutdowns, focus turns on auto cybersecurity July 3, 2026Authorities are intensifying scrutiny of vehicle cybersecurity after blocking several mobile apps used to remotely disable electric two- and three-wheelers. The government is now reviewing safety protocols of all automakers, especially those with extensive tech integration, due to fears of hacking. Consultations with manufacturers are planned to assess and p […]
- Operationalising GST refunds for foreign tourists to promote retail exports: FIEO July 3, 2026Exporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also called for an 'Apex Green Transition Fund' to support cleaner technologies and for priority sector export credit to be extended, citing a significant decline in credit availability that's hindering MSM […]
- Over 800 Chinese entrepreneurs attend India investment conference in Hangzhou July 3, 2026Hangzhou, China, buzzed with over 800 Chinese business leaders, investors, and tourism professionals at a pivotal conference. Organized by the Indian Consulate in Shanghai, the event spotlighted India's burgeoning investment prospects, focusing on trade, technology, and tourism. Discussions revolved around AI, supply chains, and innovation, underscoring […]
- Indian officials to testify before US Trade Representative to counter tariff move July 3, 2026India is set to strongly contest proposed US tariffs next week, arguing that allegations of forced labour are legally unsound and will harm American businesses. Indian industry representatives will present a robust counter at a public hearing, highlighting the country's comprehensive legal framework and compliance measures.
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