Business

The Uzbek side proposed sharing experience in digital logistics platforms and customs facilitation mechanisms.

Defense Minister Rajnath Singh said that investment in latest technology and advanced production systems is a necessity for future competitiveness.

Mukesh Ambani announced that the Jio Platforms Board has approved the DRHP for the Reliance Jio IPO, with the filing expected to be submitted to SEBI on June 19. The move marks a major step toward one of India’s most anticipated IPOs.

GCCs have emerged as the dominant demand driver, contributing 40-60 per cent of recent leasing activity within REIT-owned assets, the figures by Colliers India shows.

Lloyds Engineering Works Limited (LEWL) has acquired a controlling stake in Steel Infra Solutions Company Limited (SISCOL), creating one of India’s most integrated engineering, structural fabrication and EPC platforms. The acquisition is expected to double SISCOL’s capacity and strengthen its position in large-scale infrastructure projects.

Kia India will increase vehicle prices by up to 2% from July 1, 2026, citing rising input costs and higher operational expenses. The company says it has absorbed part of the cost increase to minimise the impact on customers.

Amazon has announced the launch of more than 100 specialised Urban Fulfillment Centers across key Indian cities to expand Amazon Now’s rapid delivery network. The new facilities will bring a wider range of categories including electronics, fashion, appliances, groceries, healthcare and more, offering customers 4X more selection delivered within minutes ahead of Prime Day 2026.

Tata Motors has announced a price increase of up to 2.5% across its commercial vehicle range, effective July 1, 2026. The company said the hike is aimed at partially offsetting rising commodity prices and higher input costs, with the increase varying across models and variants.

India and South Korea are set to deepen their venture capital and alternative investment cooperation as IVCA and KVCA sign an MoU focused on cross-border investments, knowledge sharing and stronger startup ecosystem linkages.

ABB will present its new Proteus solar inverter at Intersolar 2026 (June 22–25, Munich, Germany) at stand B3.250, the company said in a release.

GIFT City is undertaking a series of initiatives aimed at creating a vibrant urban ecosystem that supports professionals, entrepreneurs, institutions and their families.

The facility enables Essar Energy Transition Fuels to diversify the crude sourcing and marketing options for its products while optimising its working capital arrangement.