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Category : Corporate News
Indian Textile Sector Recovery Underway as Tariff Woes Ease
The Indian textile sector is entering a recovery phase with improved demand and easing US tariff uncertainties, according to a Dolat Capital report.
HDFC Bank Key Beneficiary of RBI FCNR-B Scheme: Brokerages
HDFC Bank is likely to be a major beneficiary of RBI's FCNR-B deposit scheme, as per Jefferies. Axis Direct also sees growth supported by demand from key sectors like electronics and renewable energy.
Opendoor Shuts India Ops, All Employees Affected
American real estate firm Opendoor is winding down its India operations, affecting all 250 employees. The company cites restructuring under Opendoor 2.0 and a shift to AI-driven tools as reasons for the move.
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Bengaluru Breweries Cut Water Use to 4.5 Litres Per Beer Litre
Bengaluru's breweries are reducing water consumption to under 4.5 litres per litre of beer through effluent treatment, recycling, and circular waste practices, aiming for a 4:1 ratio.
Top 8 Premium Residential Societies in Noida for Luxury Living
Explore Noida's top 8 luxury residential societies offering world-class amenities, green spaces, and strategic locations for upscale living.
Speciality Chemicals Stock in Focus on US Expansion
A speciality chemicals company is in the spotlight as it expands its US presence through a wholly owned subsidiary, aiming to strengthen its global footprint and tap into new market opportunities.
Govt Cuts Excise Duty on Higher Ethanol-Blended Petrol
The government has reduced excise duty to nil on petrol with higher ethanol blending, aiming to boost ethanol use and reduce crude imports.
Analysts Initiate Coverage on ONGC, Max Financial, Meesho, Physicswallah, SBI
Morgan Stanley rates ONGC overweight at Rs 345; HSBC initiates Max Financial buy at Rs 2,120; Jefferies starts Meesho at Rs 225; DAM Capital covers Physicswallah at Rs 140; CLSA outperforms SBI at Rs 1,275.
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India Rejects US Allegations of Surplus Capacity in Textiles, Steel
India has rejected US allegations of surplus capacity in textiles and steel, citing low per capita consumption. It calls the probe under Section 301 a targeted narrative without evidence.
ADIA Arm to Sell 2.3% Stake in Lenskart for Rs 1,944 Crore
Platinum Jasmine A 2018 Trust, part of ADIA, plans to sell up to 4 crore shares of Lenskart Solutions at Rs 486 per share, raising about Rs 1,944 crore.
Tata Consumer Products Crosses Rs 20,000 Crore Revenue
Tata Consumer Products surpasses Rs 20,000 crore in annual revenue, with growth businesses now over 30% of India portfolio. Chairman Chandrasekaran highlights acquisitions and innovation.
Rajesh Exports Chairman Cooperates with Sebi Probe
Rajesh Mehta, chairman of Rajesh Exports, says he won't challenge Sebi's interim order and is fully cooperating with the investigation into alleged revenue inflation of Rs 15.2 lakh crore.
NH-9 Corridor: From Congested Highway to Premium NCR Hub
NH-9 in Ghaziabad is transforming into a premium residential zone, thanks to the Delhi-Meerut Expressway, RRTS, and top developers, offering value luxury homes.
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KIADB to Go Digital: Minister Sets 100-Day Deadline
Karnataka Minister MB Patil has set a 100-day deadline for completing KIADB's digitisation initiative, aiming to modernize land acquisition and industrial development processes.
Himachal Amends Labour Laws for 24x7 Shops
Himachal Pradesh amends labour laws to allow shops and commercial establishments to operate 24x7, promoting ease of doing business and worker welfare.
ACB Case Against 7 for Forged Tenders in Gosikhurd Project
The anti-corruption bureau has registered a criminal case against seven individuals, including officials and contractors, for allegedly using forged certificates to win a tender for the Gosikhurd irrigation project in 2009-10.
Invest UP and Invest India Collaborate to Attract Investments in UP
Invest UP and Invest India have agreed to deepen collaboration to attract greater domestic and foreign investments into Uttar Pradesh, with a focus on key sectors and faster project implementation.
Haryana Police Arrests Man for Cheating Flat Buyers in Gurgaon
The Economic Offences Wing of Haryana Police arrested Anubhav Bhardwaj, 33, for allegedly cheating people by promising flats in Sunehra Apna Ghar Society in Sector 55, Gurgaon.
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NCLT admits Raheja Developers insolvency plea by 176 homebuyers
The NCLT admitted an insolvency petition by 176 homebuyers of Raheja Developers' Revanta project in Gurgaon, citing default in possession despite payments of over Rs 137 crore.
Security Audits Reveal Major Lapses at Ammunition Factory Khadki
Security audits at Ammunition Factory Khadki in Pune reveal safety lapses, surveillance gaps, and recurring thefts, raising concerns over vulnerabilities in critical defense production areas.
ED Searches AAP-Linked Contractor Amit Bajaj's Premises Day 2
ED searches at Jalandhar businessman Amit Bajaj's residence and office continue for second day. Bajaj, an AAP-linked contractor, is under probe in money laundering case related to Hampton Sky Realty.
Maharashtra Inks $1.2B MoU for MediCity with Cleveland Clinic
Maharashtra government signed a $1.2 billion MoU with a Cleveland Clinic-led consortium to develop Navi Mumbai MediCity, an integrated healthcare cluster with global standards in clinical care, research, training, and innovation.
Telangana HC Dismisses Dr Reddy's Plea Against CCI Probe
Telangana High Court dismissed Dr Reddy's writ petition challenging CCI proceedings, ruling it premature as no final decision was made.
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Accenture Revises Salary Hike: 50% Lump Sum, 50% Base Pay
Accenture revises June compensation cycle: employees get 50% of salary increase as lump sum, 50% added to base pay. Move aims to provide immediate cash and manage costs.
DRI Arrests Gold Smuggling Mastermind Siddik Payakki
Abuobacker Siddique Moosa, the alleged mastermind of a gold smuggling ring, was arrested by DRI at Bengaluru Airport. He had fled to Bahrain after gold worth Rs 2.02 crore was seized from two couriers in November 2025.
Bengal Finance Minister Dasgupta Flags Revenue Leakage Concern
Newly appointed Bengal finance minister Swapan Dasgupta identifies revenue leakage as a major challenge, emphasizing the need to plug gaps and boost revenue without raising taxes ahead of the June 22 budget.
Mumbai inks $1.2B deal for global MediCity with Cleveland Clinic
Maharashtra govt signs MoU with Cleveland Clinic, Brookfield, Arodhan to build Navi Mumbai International MediCity with $1.2B investment, creating 10,000 jobs.
Bengaluru Garbage Scam: Rs 39,000 Crore Corruption Alleged
Opposition leader R Ashoka alleges a massive Rs 39,000 crore scam in Bengaluru's solid waste management tender, accusing the Congress government of corruption and procedural violations.
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Reliance Wins Juhu Galli Slum Redevelopment Bid
Reliance-led consortium wins Juhu Galli slum cluster redevelopment with a 35.10% premium, pledging Rs 750 crore advance rent and Rs 100 crore guarantee.
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