Today's Business News Headlines from:
Business Standard:
Canara Bank to raise up to ₹9,500 crore capital through bond issuance
Amber to invest ₹6K cr in Noida plant for electronics, appliances
SG Mart enters renewables with solar brand, wins ₹266 crore orders
BioNtech to buy CureVac in $1.25 billion share deal to boost cancer focus
EY, Deloitte step up tech, business consulting hiring: Amrop study
Volvo Cars, HCLTech tie up to accelerate engineering transformation
US insurers to more than double AI investment in 3-5 years: Wipro report
NMDC plans to hire nearly 1,000 in Chhattisgarh recruitment drive
UP govt acquires 18,000 acres in Bundelkhand for industrial development
INSCO submits Rs 2,752 crore revised plan for HNGIL takeover after SC order
WeWork India expands footprint in Pune & Chennai, adds over 200K sq ft
Economic Times:
Shantanu Mitra to step down as SMFG India's CEO and MD
Bharat Biotech, GSK join hands to develop vaccine for severe diarrhoea
Skoda to scale up pre-owned biz, bolster sales network to double sales this year
Electric vehicle production may be hit as China chokes supply of rare earth magnets
Sumadhura Group announces 5-acre land acquisition in East Bengaluru ; eyes Rs 500 crore topline
Nepalese Foreign Minister calls for 'green energy cooperation' with India
NHAI caps number of projects at 10 for each designated engineer at project site
JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes
Gadkari seeks 5% GST on crude ethanol to push flex-fuel cars, warns against petrol parity
PayNearby plans to add 5 lakh retailers in 2 years, hire 300-400 people by March 2026
India’s probiotics market doubles in 5 years, hits Rs 2,070 cr in 2025
Mint:
Retail inflation cools to a six-year low of 2.82% in May
Good monsoon may drive 10–15% earnings growth in agri-linked sectors in H2 FY26
Taxes on beer already very high compared to IMFL whisky in Maharashtra: Brewers Association
Reliance offloads 3.5 crore shares in Asian Paints worth over ₹7,700 crore
GE Vernova's impressive turnaround has stretched the stock's valuation
Govt again defers quality control orders for cement and mail sacks—to 6 Sept
Supply uncertainty of rare earth magnets from China could weigh auto industry: ICRA
Indias vegetable oil imports decline 6th straight month to 11.87 lakh tonnes in May
Tata’s Trent trims stake in Zara, Massimo Dutti JVs with Inditex
Capillary Tech to file IPO documents by October; Warburg, others to trim stake
OpenAI in talks for $40bn fundraise with Saudi PIF, Reliance, UAE's MGX: Report
Business Standard:
Canara Bank to raise up to ₹9,500 crore capital through bond issuance Amber to invest ₹6K cr in Noida plant for electronics, appliances SG Mart enters renewables with solar brand, wins ₹266 crore orders BioNtech to buy CureVac in $1.25 billion share deal to boost cancer focus EY, Deloitte step up tech, business consulting hiring: Amrop study Volvo Cars, HCLTech tie up to accelerate engineering transformation US insurers to more than double AI investment in 3-5 years: Wipro report NMDC plans to hire nearly 1,000 in Chhattisgarh recruitment drive UP govt acquires 18,000 acres in Bundelkhand for industrial development INSCO submits Rs 2,752 crore revised plan for HNGIL takeover after SC order WeWork India expands footprint in Pune & Chennai, adds over 200K sq ftEconomic Times:
Shantanu Mitra to step down as SMFG India's CEO and MD Bharat Biotech, GSK join hands to develop vaccine for severe diarrhoea Skoda to scale up pre-owned biz, bolster sales network to double sales this year Electric vehicle production may be hit as China chokes supply of rare earth magnets Sumadhura Group announces 5-acre land acquisition in East Bengaluru ; eyes Rs 500 crore topline Nepalese Foreign Minister calls for 'green energy cooperation' with India NHAI caps number of projects at 10 for each designated engineer at project site JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes Gadkari seeks 5% GST on crude ethanol to push flex-fuel cars, warns against petrol parity PayNearby plans to add 5 lakh retailers in 2 years, hire 300-400 people by March 2026 India’s probiotics market doubles in 5 years, hits Rs 2,070 cr in 2025Mint:
Retail inflation cools to a six-year low of 2.82% in May Good monsoon may drive 10–15% earnings growth in agri-linked sectors in H2 FY26 Taxes on beer already very high compared to IMFL whisky in Maharashtra: Brewers Association Reliance offloads 3.5 crore shares in Asian Paints worth over ₹7,700 crore GE Vernova's impressive turnaround has stretched the stock's valuation Govt again defers quality control orders for cement and mail sacks—to 6 Sept Supply uncertainty of rare earth magnets from China could weigh auto industry: ICRA Indias vegetable oil imports decline 6th straight month to 11.87 lakh tonnes in May Tata’s Trent trims stake in Zara, Massimo Dutti JVs with Inditex Capillary Tech to file IPO documents by October; Warburg, others to trim stake OpenAI in talks for $40bn fundraise with Saudi PIF, Reliance, UAE's MGX: Report