Business

The project is to set up a 2 Million Tonne Steel Plant by JSW Rayalaseema Steel Ltd, a 100% subsidiary of JSW Steel Ltd., in phases.

The Competition Commission of India (CCI) has approved the acquisition of 100% shareholding of Royal Challengers Sports Private Ltd. by a consortium comprising Big Banyan Holdings among others.

On the Multi Commodity Exchange (MCX), gold for the August contract was trading 0.5% higher at ₹143,200 per 10 grams, while silver for the September contract was marginally lower at ₹228,421 per kilogram at the latest update.

The transition could also support 1.4 million cumulative jobs and significantly reduce emissions, underscoring the need for greater capital flows into clean-air initiatives.

According to the tech experts, the Meta's move will make identification of scammers difficult in cases involving cybercrime, online fraud, and other unlawful activities.

This is the first institutional capital raised since the firm was founded in 2017. Dovetail Capital will use the proceeds for expansion of global business, the firm said in a release.

Hyundai Motor India Limited (HMIL) reported total monthly sales of 51,335 units in June 2026.

Kotak Mahindra Bank will acquire Deutsche Bank's India retail and wealth business for Rs 282 crore, adding 1.5 lakh customers. Full details.

A S Sahney, Chairman and Managing Director of Indian Oil Corporation Limited said the OMCs are currently processing crude purchased earlier at higher prices and have not yet received fresh cargoes procured at the recent lower rates.

India’s MSME sector is set to enter a new phase of growth driven by innovation, digitalisation, technology adoption and global competitiveness, said the Ministry of MSME. With MSMEs contributing significantly to GDP, exports and employment, industry leaders highlighted the need for AI, Industry 4.0, formalisation and stronger digital ecosystems to achieve the vision of Viksit Bharat 2047.

India’s cement sector is expected to witness steady growth in FY2027, but momentum may slow as rising fuel and freight costs put pressure on margins. ICRA projects cement volume growth at 6-7%, supported by housing and infrastructure demand, while capacity expansion and pricing trends remain key factors shaping the industry outlook.

JioBlackRock Asset Management has introduced the Prism Hybrid Long-Short Fund, a Specialized Investment Fund (SIF), aiming to provide investors with diversified investment opportunities across equity, debt, derivatives and alternative strategies.