New Delhi, July 1: India’s manufacturing sector continued its steady expansion in June, with the Purchasing Managers’ Index (PMI) recorded at 54.2, indicating sustained growth in factory activity and overall business conditions. A PMI reading above 50 reflects expansion, and the latest data suggests that manufacturing output remained strong, supported…
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Mahindra Registers 37pc Rise in June Auto Sales
Mumbai, July 1: Mahindra & Mahindra (M&M) reported a strong performance in June, registering a 37% year-on-year growth in total vehicle sales to 1,06,207 units, driven by robust demand across its passenger and commercial vehicle segments. The company continued its growth momentum on the back of sustained customer demand, a…
Continue ReadingGST Collections Climb 14 pc to INR 1.95 Lakh Crore in June
New Delhi, July 1: India’s Goods and Services Tax (GST) collections continued their strong growth momentum in June, rising 14% year-on-year to ₹1.95 lakh crore, reflecting sustained economic activity and improved tax compliance across the country. The robust collections were driven by healthy domestic consumption, higher business transactions, and continued…
Continue ReadingAgnikul, ICEYE Sign Pact for SAR Earth Observation Systems
New Delhi, July 1: Space technology startup Agnikul Cosmos has signed a strategic agreement with ICEYE to jointly develop advanced Synthetic Aperture Radar (SAR) Earth observation systems, marking a significant step towards strengthening India’s space-based imaging capabilities. The collaboration aims to leverage the expertise of both organisations in developing next-generation…
Continue ReadingIn the Era of Fake Reviews and Online Fraud, DiReFTY Helps Brands Safeguard Trust
Gurugram, July 1: DiReFTY, a Digital Reputation Safety and Trust-Tech venture, today announced the launch of its comprehensive suite of Digital Reputation Safety services designed to help businesses, professionals, creators, and brands proactively identify, manage, and mitigate digital reputation risks in an increasingly complex online ecosystem. As businesses become more reliant…
Continue ReadingIntellecap and Avio Smart Market Stack Join Hands to Digitally Empower Farmer Producer Organisations and Strengthen Rural Value Chains
Intellecap Advisory Services Private Limited and Avio Smart Market Stack Limited (formerly Bartronics) have entered into a Memorandum of Understanding (MoU) to strengthen Farmer Producer Organisations (FPOs), Farmer Producer Companies (FPCs), and Producer Enterprises (PEs) through technology-led interventions that enhance digital capabilities, improve financial inclusion, expand market access, and support export…
Continue ReadingPRISM Files Public IPO Papers for INR 6650 Crore Fresh Issue, Reports INR 748 Crore Profit in 9MFY26
Chandigarh, July 1 : Global hospitality technology company PRISM , has filed its Updated Draft Red Herring Prospectus-I with the Securities and Exchange Board of India . The proposed IPO comprises a fresh issue of shares of up to INR 6650 crore, with no offer for sale by existing shareholders. The company may also consider…
Continue ReadingAshok Leyland Introduces India’s First Air Suspension Range of Trucks with Best-in-class Payload Capability
July 01: Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country’s leading commercial vehicle manufacturers, today announced the launch of India’s first range of trucks with air suspension. Reinforcing its position as a pioneer in the industry, Ashok Leyland has introduced three breakthrough models: the AVTR 4925 10×2 MAV (India’s first 49T truck with air suspension, offering a payload advantage of 1.5T*), the AVTR 4625 10×2 MAV (India’s first 46T truck with…
Continue ReadingAdani Green Surpasses 20 GW Operational Capacity
Ahmedabad, July 1: Adani Green Energy has become the first renewable energy company in India to cross 20 GW of operational capacity, marking a major milestone in the country’s clean energy sector. The achievement strengthens the company’s position as a leading player in India’s renewable energy transition, spanning large-scale solar…
Continue ReadingBus Fire After Collision on Jaipur–Bandikui Expressway in Dausa
July 1: A passenger bus caught fire following a collision on the Jaipur–Bandikui Expressway in Dausa district, Rajasthan, on Tuesday, leaving several people feared dead. According to initial reports, at least 25 passengers managed to escape from the burning bus, while others are feared trapped inside. Fire services and police…
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