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NITI Aayog convenes stakeholder consultation on implementation of SHANTI Act 2025
NITI Aayog convened a stakeholder consultation on the SHANTI Act 2025, with discussions focusing on legislative and regulatory frameworks for the landmark Act. Financial mechanisms and public perception were also key areas of deliberation.
SMAM expands farm mechanization with 21.61 lakh machines, Custom Hiring Centres and large-scale Kisan Drone demonstrations
The Sub-Mission on Agricultural Mechanization (SMAM) expands access for small farmers, women and disadvantaged groups through targeted mechanization support nationwide. Special emphasis has been placed on under-served and North-Eastern States to address regional disparities in access to farm machinery and technology. Since its inception, Rs 9,404.47 crore has supported the distribution of 21.61 lakh agricultural machines to individual farmers across India. Over 40,928 drone demonstrations covering 40,918 hectares were conducted with Rs.52.5 crore financial support, promoting precision agriculture adoption nationwide.
India's diamond export pain is hiding a brighter story at home
India's diamond exports have declined over recent financial years. Retail giants are increasing investments in both natural and lab-grown diamonds. This domestic focus targets a growing demand from younger Indian consumers. Retailers are expanding offerings to cater to evolving preferences for lightweight jewelry. Natural diamonds continue to hold a significant position in premium portfolios.
Maruti Suzuki to add around 500 service points this fiscal: MD & CEO Hisashi Takeuchi
The company, which opened its 6,000th service touchpoint in India on Thursday, had opened a record 502 service touchpoints in 2025-26 and served over 2.84 crore vehicles, the highest in a single financial year.

Laser Power & Infra IPO: GMP, price band to financials—10 things investors should know before subscribing
Laser Power & Infra's IPO opens July 9, 2026, aiming to raise ₹742 crore. The price band is set at ₹203-214 per share, with a minimum investment of ₹14,980. Recent financial growth includes 39.84% revenue CAGR, and positive grey market premium indicates strong investor interest.
Vatika Hotels refinance Rs 550 crore debt with Kotak
Vatika Hotels has refinanced Rs 550 crore debt with Kotak Mahindra Bank. This move marks the exit of India Special Assets Fund III from the company. The hotel owner experienced financial stress during the Covid-19 pandemic. Vatika Hotels' debt has significantly declined after restructuring and equity infusion. The company now holds a BBB investment-grade rating, reflecting improved financial health.
Mahindra bets on execution as global uncertainty becomes 'structural'
Mahindra Group views global uncertainty as a permanent business feature. The conglomerate will focus on faster execution and calibrated investments. This strategy aims to capitalize on volatility rather than waiting for stability. The group reported its strongest financial performance in FY26. Future investments will target new technologies and manufacturing expansion.
M&M Finance gains after Q1 disbursement climbs 21% YoY to Rs 15,560 cr
Mahindra & Mahindra Financial Services added 2.47% to Rs 326 after reporting estimated overall disbursement of Rs 15,560 crore for the quarter ended 30 June 2026, up 21% YoY over 30 June 2025 (excluding finance lease).

M&M Financial shares gain on strong Q1 disbursements but bears flag some key risks on the horizon
Jefferies retained a cautious stance on M&M Financial, citing a subdued growth outlook and potential monsoon-related asset quality risks despite what it described as "reasonable valuations."
Ferrari's former design house is hanging by a thread—extended by Tech Mahindra
Pininfarina was meant to diversify Tech Mahindra into high-end engineering and design, but a decade after the acquisition, it has become a financial burden.

M&M Financial Services estimates Q1 disbursements up 21% at ₹15,560 crore; business assets seen rising 12%
Mahindra & Mahindra Financial Services estimates Q1 disbursements up 21% to ₹15,560 crore. Business assets hit ₹1.37 lakh crore. Collection efficiency stable at 95%.
TVS Motor June sales jump 47 per cent to 5.9 lakh units
TVS Motor Company witnessed a 47% surge in total sales for June 2026, reaching 590,003 units. This growth was driven by a strong performance in two-wheelers, with domestic sales up 46% and electric two-wheeler sales more than tripling. The company also achieved its highest-ever quarterly sales in the June quarter, underscoring a robust financial period.