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Aditya Birla Group proposes $1.26 billion expansion of Odisha alumina refinery
Aditya Birla Group plans a significant expansion for its Odisha alumina refinery. The company will invest an additional $1.26 billion to triple its current capacity. This substantial investment will bring the total proposed expenditure to about $2.1 billion. The expansion project will be managed by the group entity Hindalco Industries. This development aims to significantly boost alumina production in the region.
SIF AUM jumps 29% to Rs 17,858 crore in June; inflows surge 171% MoM
Specialised Investment Funds saw assets grow significantly in June 2026. Total inflows into these funds also experienced a substantial increase. Hybrid Long-Short Funds continued their dominance within the SIF segment. The broader mutual fund industry also reported healthy investor participation during the month. SIP contributions reached a record high, indicating sustained retail interest.
Ceinsys Tech gains on bagging Rs 67-cr MP Government Contract for PMAY-U Project
Ceinsys Tech added 3.15% to Rs 934.10 after the company has has secured a Rs 67.04 crore contract from the Directorate of Urban Administration & Development, Government of Madhya Pradesh.
Stock Picks Today: TCS, Dr. Reddy's, Dixon Tech, Lenskart, And More On Brokerages' Radar
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Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainers - livemint.com
Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainerslivemint.com
Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
AI stocks tumble as oil surge and bond yields drag Wall Street lower
Chipmakers led a tech selloff while rising oil prices and Treasury yields weighed on markets. Samsung slumped despite strong profit guidance, Rivian sank on a share sale and global stocks retreated.
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.
AI Crash Loading? E2E, Black Box, Netweb Slump Up To 10% As Investors Retreat Globally
AI-linked stocks tumble as global tech sell-off sparks fresh valuation concerns.
India-origin battery tech powers Offgrid's first UK manufacturing facility
Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production network.