- Warner Bros. Deal Collapse Would Cost the Ellisons $9.8 Billion July 28, 2026Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc. falls apart.
- DMart bets on tech, execution for next growth phase July 28, 2026DMart’s next phase of growth would focus on modernizing its technology and data infrastructure, strengthening management bandwidth to support a larger store network and building a sustainable e-commerce business, says CEO Anshul Asawa.
- IndiGo seeks 57% higher borrowing limit to fund fleet expansion July 28, 2026About 75% of the incremental borrowing capacity is expected to be used to finance aircraft through long-term finance leases, with the balance earmarked for capital expenditure and working capital.
- US-Iran war weighs on L&T, trims Q1 margins, West Asia order inflow July 28, 2026L&T missed expectations with Q1 profit of ₹4,123 crore attributable to owners.
- Coca-Cola's India value market share slips in June quarter July 28, 2026Coca-Cola had introduced low-priced variants of its products as the Indian market faced stiff competition from Reliance's Campa Cola
- Govt imposes stock limit on sugar from Aug 1 to Nov 30 to prevent hoarding during festival season July 28, 2026The government has imposed nationwide stock limits on private sugar traders. These restrictions will be in force from August 1 to November 30. Dealers cannot hold more than 4,000 quintals of sugar at any single location. A quota of 2.25 million tonnes of sugar has been announced for August. Physical verification of stocks with sugar mills will occur during A […]
- India-China border trade via Lipulekh to start from Aug 1, China allows 20 traders to cross border July 28, 2026Border trade between India and China via Lipulekh Pass will resume on August 1. Twenty Indian traders will visit Purang to check preparedness and existing stock. This trade, halted in 2019 due to the pandemic, is vital for the region. Local traders and tribal communities anticipate significant economic relief from this resumption. Necessary arrangements are […]
- PM Modi chairs second high-level meeting with Secretaries, reviews agenda for Viksit Bharat July 28, 2026Prime Minister Narendra Modi chaired a high-level meeting reviewing future action agendas. Discussions focused on finance, commerce, and technology sectors for Viksit Bharat goals. The Prime Minister urged stronger coordination among government departments and ministries. Officers were encouraged to work with a shared purpose for integrated outcomes. This me […]
- ITC fraud worth Rs 74,782 crore detected in FY26; Maharashtra, Gujarat lead July 28, 2026Central GST officers detected over 30,000 input tax credit fraud cases in 2025-26. These cases involved approximately Rs 74,782 crore and led to 358 arrests. Maharashtra and Gujarat reported the highest number of fraud cases and associated financial values. Fake GST registrations using forged documents also contributed to substantial ITC fraud. The number of […]
- Govt companies request RBI to extend concessional forex swap by three months July 28, 2026Public sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar costs for external borrowing. Banks have already mobilized over twenty billion dollars through this special swap scheme. The inflow of dollars is expected to ease pressure on the Indian rupee. This concessional hedging c […]
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