Business

The Pune facility has more than 300 suppliers locally across a broader network of over 2,200 GE Aerospace suppliers in India.

Maruti Suzuki India Ltd. has commenced commercial production at the second plant of its Kharkhoda facility in Haryana, adding 2.5 lakh units to its annual capacity.

Pandey further clarified that concerns around AI tools are primarily around cybersecurity rather than market manipulation and algorithmic trading risks.

Summer season primary sales have come in below expectations, Thiagarajan said.

Amber Enterprises said PCB input inflation, delayed customer pass-through and rising labour costs in north India could weigh on profitability over the next few quarters.

Firms including Google, Meta, Microsoft and Amazon would reportedly have to operate within Tehran’s regulatory framework.

The board of Muthoot FinCorp on Saturday approved raising up to Rs 4,000 crore through an IPO comprising a fresh issue of equity shares, subject to regulatory approvals and market conditions.

The prime minister invited Swedish companies to enhance their presence in India under initiatives such as 'Make In India', the National Green Hydrogen Mission, and the National Critical Mineral Mission.

In the national capital, petrol is still selling at Rs 97.77 per litre, while diesel is priced at Rs 90.67 per litre. Rates are comparatively steeper in Mumbai, where petrol is being sold at Rs 106.68 per litre and diesel at about Rs 93.14 per litre.

Dabur says companies are making Rs 10 and Rs 20 packs smaller instead of raising prices as inflation rises.

Brent crude advanced above $110 a barrel after gaining nearly 8% last week, while West Texas Intermediate approached $107.

SAIL reported robust operational performance during the quarter, aided by higher steel prices, better realisations and operational efficiency gains, Ebitda stood at Rs 4,490 crore, significantly ahead of estimates, while adjusted PAT came in at Rs 2,170 crore, supported by stronger operating performance and higher other income.

The upward revision in target price is driven by strong order visibility, improving execution outlook, and HAL's increasing strategic importance within India's defence ecosystem.

Though there are near-term uncertainties related to price volatility and emission challenges in Europe, the long-term outlook remains strong for Tata Steel, adds Motilla Oswal.

The United States has failed to offer any concrete concessions, in response to Iran's proposed agenda for ending the war, Tehran's semi-official Mehr news agency reported.

The company has to complete the supplies by August 2026.

Prudential is expected to leverage Bharti Life platform to expand life and health insurance offerings in India amid rising demand and digital adoption.

During the first two weeks of May, China's steel production continued to decline annually, Goldman Sachs pointed out.

Since early March, 13 India-flagged vessels, comprising 12 LPG tankers and one crude oil tanker, have crossed the Strait of Hormuz.

The gold loan-focused non-bank lender's IPO will comprise a fresh issue of equity shares which can be deployed for future growth, as per an official statement.