News Headlines from Business News Agencies:
Business Standard:
India Inc growth stuck in slow lane; core earnings shrink in Q1FY26
SAEL Industries signs 880 MW solar power PPAs in Gujarat, Punjab
IPO-bound Tata Capital profit more than doubles to ₹1,041 cr in June qtr
Glenmark, Alembic Pharma, Sun Pharma recall drugs in US, says USFDA
IBM opens Mumbai client centre to support Maharashtra's quantum push
KEC International wins new orders worth ₹1,402-crore
Delhi's Nehru Place to get 500-room luxury hotel under ₹10,000 cr DDA deal
CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval
Table Space leases 5 lakh sq. ft office space in Gurugram for ₹3.5 cr/month
WazirX secures majority creditors' nod for revised scheme of arrangement
Scanty monsoon rain in past fortnight begins to hurt kharif crops
Economic Times:
India’s unemployment rate for July declines to 5.2% from 5.6% in the previous month
IHCL signs pact with Madison for 10 new hotels in South India
Indian Oil to start SAF production in December
Hindustan Zinc to set up 10 MTA tailings reprocessing plant at Rs 3,823 cr
Goldman Sachs expands Mumbai presence with new office
Apple rents 2.7 lakh sq ft office space in Bengaluru, to pay Rs 1,000 crore in 10 years
Reliance enters herbal beverage market, acquires majority stake in Naturedge Beverages
Maruti Suzuki chair calls India’s GST overhaul a ‘huge reform’, says cuts will boost competitiveness
Paradeep Phosphates targets Rs 1,500 crore expansion to double market share by FY26
L&T building up agility, tech, capex for new focus
Alembic gets USFDA nod for generic drug for skin condition
Mint:
Telcos operating profit likely to grow 12-14 pc this fiscal on data surge: Crisil Ratings
Ericsson misusing insolvency code for coercion & debt recovery, RCom tells NCLT
BSNL slips back in the red after two straight profitable quarters
NaBFID sanctions loans worth ₹2.3 lakh cr to 232 infra projects
German Bank PBB Eyes SRT to Help Exit US Commercial Property
POSCO, JSW Steel plan $8-9 bn Odisha plant in high-stakes joint venture
JP Morgan, Commerzbank and ING to Back European Defense Bank
SaaS unicorn LeadSquared shifts focus to BFSI, aims for 50% revenue contribution
Emkay Global raises Nifty 50 target to 28,000 on GST reforms
MTNL defaults on loan repayments touch a whopping ₹8,700 crore
Marksans Pharma Arm gets UK Health Regulator nod for Metformin Hydrochloride Relonchem tablet.
Business Standard:
India Inc growth stuck in slow lane; core earnings shrink in Q1FY26 SAEL Industries signs 880 MW solar power PPAs in Gujarat, Punjab IPO-bound Tata Capital profit more than doubles to ₹1,041 cr in June qtr Glenmark, Alembic Pharma, Sun Pharma recall drugs in US, says USFDA IBM opens Mumbai client centre to support Maharashtra's quantum push KEC International wins new orders worth ₹1,402-crore Delhi's Nehru Place to get 500-room luxury hotel under ₹10,000 cr DDA deal CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval Table Space leases 5 lakh sq. ft office space in Gurugram for ₹3.5 cr/month WazirX secures majority creditors' nod for revised scheme of arrangement Scanty monsoon rain in past fortnight begins to hurt kharif cropsEconomic Times:
India’s unemployment rate for July declines to 5.2% from 5.6% in the previous month IHCL signs pact with Madison for 10 new hotels in South India Indian Oil to start SAF production in December Hindustan Zinc to set up 10 MTA tailings reprocessing plant at Rs 3,823 cr Goldman Sachs expands Mumbai presence with new office Apple rents 2.7 lakh sq ft office space in Bengaluru, to pay Rs 1,000 crore in 10 years Reliance enters herbal beverage market, acquires majority stake in Naturedge Beverages Maruti Suzuki chair calls India’s GST overhaul a ‘huge reform’, says cuts will boost competitiveness Paradeep Phosphates targets Rs 1,500 crore expansion to double market share by FY26 L&T building up agility, tech, capex for new focus Alembic gets USFDA nod for generic drug for skin conditionMint:
Telcos operating profit likely to grow 12-14 pc this fiscal on data surge: Crisil Ratings Ericsson misusing insolvency code for coercion & debt recovery, RCom tells NCLT BSNL slips back in the red after two straight profitable quarters NaBFID sanctions loans worth ₹2.3 lakh cr to 232 infra projects German Bank PBB Eyes SRT to Help Exit US Commercial Property POSCO, JSW Steel plan $8-9 bn Odisha plant in high-stakes joint venture JP Morgan, Commerzbank and ING to Back European Defense Bank SaaS unicorn LeadSquared shifts focus to BFSI, aims for 50% revenue contribution Emkay Global raises Nifty 50 target to 28,000 on GST reforms MTNL defaults on loan repayments touch a whopping ₹8,700 crore Marksans Pharma Arm gets UK Health Regulator nod for Metformin Hydrochloride Relonchem tablet.