News Headlines from Business News Agencies:
Business Standard:
TVS logistics firm attributes rising efficiency, lower costs to AI adoption
Critical thinking vital as society adapts to AI: Deloitte South Asia CEO
₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity
Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm
Office space company WeWork India gets regulatory approval for IPO
SBI cuts short-term retail deposit rates by 15 bps, effective July 15
WHO approves injectable HIV drug lenacapavir for high-risk communities
ACKO selected as preferred insurance partner for Tesla customers in India
Importers delay clearances for US dry fruits to avoid high import duties
Bank of Maharashtra Q1 FY26 results: Profit rises 23% to ₹1,593 crore
PhonePe ropes in Meta's Shivnath Thukral as V-P for public policy
Economic Times:
Edible oil refiners' revenue may fall 2–3% in FY26 as prices drop, Crisil warns of margin hit
Citibank India sees 'billion-dollar IPOs' boosting business, country head says
CoreWeave commits $6 billion to AI data center in Pennsylvania
Germany plans AI offensive to catch up on key technologies, document shows
Trump says UK would fight for US, suggests cannot say the same for EU
MTNL defaults on ₹8,585 crore principal and interest dues to 7 PSU banks as of June 2025
India's Karnataka Bank names Raghavendra Srinivas Bhat as interim MD, CEO
Aurobindo to produce, supply long acting HIV treatment drug
Sebi announces settlement scheme for venture capital funds; scheme opens from July 21
India's trade deficit narrows to $18.78 billion in June
Indira IVF said to revive IPO plan that may raise Rs 3,500 crore
Gems and jewellery exports decline 14.25% in June amid economic uncertainties and geopolitical tensions
Mint:
AWL Agri Business Q1 Results: Profit drops 24% YoY to ₹238 crore
SMFG said to eye $1.1 billion additional deal for Yes Bank
Trade deficit narrows to $18.78 billion in June; exports, imports decline
ICICI Pru Life Q1 results: Net profit rises 34% YoY to ₹302.08 crore
Infosys CSR arm launches skill program to help 0.5 mn job seekers; Over ₹200 cr committed in Ph 1
India is one of the fastest growing luxury watch markets: H. Moser & Cie. CEO
Hemant Rupani to take over as CEO of Hindustan Coca-Cola Beverages in September
US Senators urge crushing sanctions on India, China: Hit them with 500% tariffs
Chinese economy grows 5.2%, beats expectations on strong exports
Nvidia wins OK to resume sales of AI chip to China after CEO meets Trump
Specta to invest ₹250 cr to nearly treble production capacity
Business Standard:
TVS logistics firm attributes rising efficiency, lower costs to AI adoption Critical thinking vital as society adapts to AI: Deloitte South Asia CEO ₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm Office space company WeWork India gets regulatory approval for IPO SBI cuts short-term retail deposit rates by 15 bps, effective July 15 WHO approves injectable HIV drug lenacapavir for high-risk communities ACKO selected as preferred insurance partner for Tesla customers in India Importers delay clearances for US dry fruits to avoid high import duties Bank of Maharashtra Q1 FY26 results: Profit rises 23% to ₹1,593 crore PhonePe ropes in Meta's Shivnath Thukral as V-P for public policyEconomic Times:
Edible oil refiners' revenue may fall 2–3% in FY26 as prices drop, Crisil warns of margin hit Citibank India sees 'billion-dollar IPOs' boosting business, country head says CoreWeave commits $6 billion to AI data center in Pennsylvania Germany plans AI offensive to catch up on key technologies, document shows Trump says UK would fight for US, suggests cannot say the same for EU MTNL defaults on ₹8,585 crore principal and interest dues to 7 PSU banks as of June 2025 India's Karnataka Bank names Raghavendra Srinivas Bhat as interim MD, CEO Aurobindo to produce, supply long acting HIV treatment drug Sebi announces settlement scheme for venture capital funds; scheme opens from July 21 India's trade deficit narrows to $18.78 billion in June Indira IVF said to revive IPO plan that may raise Rs 3,500 crore Gems and jewellery exports decline 14.25% in June amid economic uncertainties and geopolitical tensionsMint:
AWL Agri Business Q1 Results: Profit drops 24% YoY to ₹238 crore SMFG said to eye $1.1 billion additional deal for Yes Bank Trade deficit narrows to $18.78 billion in June; exports, imports decline ICICI Pru Life Q1 results: Net profit rises 34% YoY to ₹302.08 crore Infosys CSR arm launches skill program to help 0.5 mn job seekers; Over ₹200 cr committed in Ph 1 India is one of the fastest growing luxury watch markets: H. Moser & Cie. CEO Hemant Rupani to take over as CEO of Hindustan Coca-Cola Beverages in September US Senators urge crushing sanctions on India, China: Hit them with 500% tariffs Chinese economy grows 5.2%, beats expectations on strong exports Nvidia wins OK to resume sales of AI chip to China after CEO meets Trump Specta to invest ₹250 cr to nearly treble production capacity