Category: business

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…

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…

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…

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…

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…

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…

Bengaluru, 1st July: India’s youth lifestyle powerhouse, Fastrack Perfumes, is stepping into the world of hip-hop through an all-new fragrance collaboration with one of India’s most influential rap icons, DIVINE. The collection captures the swagger, hustle, and individuality of the streets. The collaboration introduces three limited-edition perfumes – Kohinoor, Baazigar, and…

Mumbai, July 1: Shriram Finance Limited, the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits across various maturity tenures. The revised rates will be effective from July 2, 2026. The Fixed Deposits are rated “CRISIL AAA/Stable” by CRISIL Ratings, “ICRAAAA (Stable)” by…

  MaxVolt Energy Industries Limited and its associated companies have earned prestigious recognition at the Battery Business Awards 2026. The companies reaffirmed their position as leading contributors to India’s constantly evolving battery and energy storage sector. The awards MaxVolt has received are a testament to its business performance across the…

Gandhinagar, July 01: An Indian Institute of Technology Gandhinagar (IITGN) research team has won a seed grant to develop India’s first indigenous cooling tech for EVs, AI infrastructure, railways & high-performance electronics. This technology can address two major issues – cooling of the fast-growing AI-driven data centres in India, where cooling is now a primary…