- Welspun One to wind down its maiden ₹500 crore logistics parks fund; appoints banker July 28, 2026Welspun One has begun exiting its maiden ₹500-crore logistics fund, appointing CBRE to market four remaining assets as it looks to unlock an enterprise value of over ₹1,700 crore.
- HUL Q1 results: net profit slides 2% on tax expenses, revenue up 10% July 28, 2026Strong double-digit gains in the home care and beauty divisions helped sustain volume momentum despite persistent commodity cost pressures.
- Cult.Fit IPO: can India's gym leader flex its way to sustained profits? July 28, 2026Cult.Fit has built India's largest organized fitness chain. But as it heads for an IPO, expanding beyond the metros, retaining members and sustaining profitable growth remain key challenges.
- Decoded: Tata Sons' annual report July 28, 2026Tata Sons' 16 privately held businesses saw combined loss nearly double to ₹27,854 crore in FY26, about 80% of which was due to one company—Air India.
- PayU gears up for the next payments battle with UPI credit, Mindgate July 28, 2026The Prosus-owned fintech is looking beyond checkout lending as it explores UPI credit lines, targets profitable merchant growth and strengthens its payments infrastructure through Mindgate.
- India's new import rule that could make homes and infrastructure costlier July 28, 2026India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers but also elevates costs for downstream industries, putting additional financial strain on small businesses. Given the nation's substantial import reliance, this initiative is unlikely to lessen […]
- Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies help July 28, 2026Why is the RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed. Polymer banknotes last two to six times longer than paper Indian currency, reduce printing and replacement costs, improve durability, lower environmental impact and are already used by more than 60 countries, in […]
- Weak investments, higher oil prices to slow India's GDP growth to 6.6% in FY27: Poll July 28, 2026India's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will impact domestic demand. Economists suggest official figures may overstate the economy's true underlying strength. Companies hesitate to expand capacity due to demand uncertainty and global factors. The Reserve Ban […]
- US, India expanding cooperation in defence, civil nuclear sector, says senior US official July 28, 2026The United States and India are expanding defense and civil nuclear cooperation. Trusted AI and emerging technologies are being adopted to power their economies. India has acquired numerous US defense equipment since 2002. American nuclear power companies are exploring civil nuclear sector collaboration. This engagement strengthens supply chains critical to […]
- GST panel may consider allowing transfer of unused tax credit within corporate groups July 27, 2026A key GST panel will consider industry suggestions for transferring unutilised input tax credit. Exempting intra-group corporate guarantees from tax levies is also under review. These recommendations will then go before the GST Council for its next meeting. Industry seeks efficient credit utilisation and improved corporate cash flow management. The proposed […]
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