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SBI Funds IPO DRHP: India's Largest AMC, Rs 11,693 Crore OFS, SBI And Amundi Selling — All You Need To Know
SBI Funds Management manages mutual funds, portfolio management services, alternative investment funds and offshore funds under the SBI Mutual Fund brand.
U. H. Zaveri Ltd leads losers in 'B' group
D-Link India Ltd, Shri Bajrang Alliance Ltd, Teamo Productions HQ Ltd and The Investment Trust of India Ltd are among the other losers in the BSE's 'B' group today, 10 July 2026.

AI could become growth driver for Indian IT in 6-12 months: Wedbush
Moshe Katri, Managing Director-FinTech & Tech-Enabled Services Investment Banking at Wedbush Securities discusses why TCS' April-June quarter of 2026 (Q1FY27) was better than feared, why concerns over Microsoft, Amazon and OpenAI are overblown, and why artificial intelligence (AI) could follow the same growth path as cloud and digital transformation.

Exclusive | Borosil Renewables promoters explore stake sale, in talks with strategic investors
The Kheruka family, which owns nearly 59% of Borosil Renewables, is evaluating strategic investment proposals and could sell part or all of its stake if discussions progress, sources told CNBC-TV18.
Tata's Assam semiconductor plant to receive Rs 14,044 crore in government incentives
The Tata Group's new Assam semiconductor facility will receive significant government incentives. The Centre will provide Rs 10,255 crore, and Assam will add Rs 3,789 crore. This major electronics manufacturing investment is expected to create over 27,000 jobs. The Outsourced Semiconductor Assembly and Test plant will produce millions of chips daily. This project aims to boost India's semiconductor ecosystem and Assam's industrial development.
Tamil Nadu government signs MoU with Vikram Solar to set up Rs 15,037 cr BESS plant in Tirunelveli
Tamil Nadu government and Vikram Solar signed an MoU for a new plant. This facility will manufacture Battery Energy Storage Systems in Tirunelveli district. The significant investment will create over two thousand job opportunities for local residents. Vikram Solar already operates solar module manufacturing units within the state. This expansion deepens the company's commitment to green energy initiatives.

Fit for exit: Tata Digital to pare Cult.fit stake, marking first share sale in new-age company
Tata Digital previously forfeited shares and refrained from further investment in Cult.fit, leading to speculation about its confidence in the company.
Stocks in news: TCS, Nalco, Maruti Suzuki, Natco Pharma, HFCL
Indian markets saw a significant decline on Wednesday, influenced by global factors. TCS anticipates modest profit growth amid client spending caution and wage pressures. Nalco and NLC India will form a joint venture for a power plant. HFCL plans substantial investment to boost optical fibre cable production capacity. Natco Pharma announced significant investments and stake increases in South Africa.
Flipkart extends zero-commission policy to all fashion products, benefiting 90,000 sellers
Flipkart has removed its Rs 1,000 price cap on fashion items. This change now covers all products in the fashion category without any commission. Approximately 90,000 active sellers in fashion will now retain their full margins. This seller-first initiative is a long-term investment for innovation and brand building.
MSDE approves Rs 1,237 crore investment plans for upgradation of ITIs in Odisha, Gujarat, Telangana
The 4th national steering committee under the under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, on Tuesday, also approved the nationwide roll-out of the scheme to all 200 ITIs, enabling states and union territories to take up implementation based on industry readiness and implementation capacity.
Broadcasters, streamers step up investment in premium non-fiction content
Indian broadcasters and streaming platforms are significantly increasing investment in premium non-fiction content. Unscripted programming now accounts for nearly thirty percent of all content across platforms. Companies are betting on reality and comedy formats to attract viewers and build franchises. Netflix and Prime Video are expanding their unscripted content with homegrown and international shows. Broadcasters like Star Plus and Sony are also strengthening their non-fiction offerings to boost viewership.

Earnings could improve from Q2 as oil eases; Enam's Sridhar Sivaram stays underweight on IT, banks
Enam Holdings Investment Director Sridhar Sivaram remains underweight on IT and banks, citing weak earnings growth and intense competition, while favouring manufacturing, power equipment, pharmaceuticals, NBFCs and gold. Sivaram also recommends international diversification and expects gold to deliver double-digit annual returns over the next five years.