Market News
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German luxury carmakers split on hybrids as EV sales surge
BMW dismisses hybrids as costly and unnecessary, while Mercedes is betting on them to ease the shift away from petrol and diesel.
IMFA plans shift in production site to save Rs 100 crore in costs: Company aims for output of 400,000 tonnes in current fiscal year
Indian Metals and Ferro Alloys (IMFA) is set to achieve substantial cost reductions and boost its production. By relocating operations from Therubali to Kalinganagar, the company aims for a remarkable output increase of nearly ninety percent over the next two years. The Therubali facility will repurpose to accommodate a new ethanol production unit, enhancing overall operational capabilities.

Adani Green's Q1 energy sales surge 30% on higher renewable capacity
Adani Green Energy's operational renewable capacity rose 27% year-on-year to 20,142 MW, while electricity generation climbed 30%, driven by new projects and the continued expansion of its Khavda renewable energy park.

Tata Steel's Dutch unit faces criminal summons over alleged pollution at Netherlands plant
Tata Steel said its Dutch subsidiary has been summoned by prosecutors over alleged pollution at its IJmuiden coke plants. The company said the case relates to "undercooked coke" incidents that have already fallen 98% since 2020 and called the allegations unjustified, adding it will contest them in court.

'Free Of Cost': Student Lauds Adani Group After 6-Week Course At Research Science Initiative
The student expressed gratitude to the Adani Group for funding the programme.
JSW Dulux to repopularise Dulux brand acquired from Akzo Nobel, steel network for growth
JSW Steel is expected to give the group's paint company a huge advantage when it approaches customers who need industrial coatings.

NMDC cuts iron ore prices for the second time in two months amid changing market conditions
State-run NMDC has cut iron ore prices, reducing lump ore by ₹250 per tonne and fines by ₹150 per tonne, with the revised rates effective July 10.
Vedanta Aluminium enters AMFI large-cap list within weeks of market debut
AMFI has classified Vedanta Aluminium as a large-cap stock in its July 2026 reclassification, placing the recently listed company among India's top 100 by market capitalisation

Market Wrap, July 10: SENSEX up 827 pts, NIFTY50 ends at 24,207; Jio Fin, Adani Ent among top gainers - Upstox
Market Wrap, July 10: SENSEX up 827 pts, NIFTY50 ends at 24,207; Jio Fin, Adani Ent among top gainersUpstox
Nuvama initiates Buy call on Vedanta Aluminium shares, expects profitability to exceed historical average. Here's why
Nuvama Institutional Equities and Motilal Oswal Financial Services have initiated coverage on Vedanta Aluminium with 'Buy' ratings and target prices of Rs 540, citing strong earnings growth, cost reduction initiatives, firm aluminium prices and robust cash flow generation as key drivers.
HCL in 'positive direction' on takeover of 4 copper blocks in Chile; advisors studying data
Hindustan Copper Limited is advancing positively on acquiring four Chilean copper blocks. Transaction advisors are studying data and regulatory issues are being examined. This move aims to secure critical raw materials for India's green energy transition. The company is bidding jointly with NTPC Mining and Coal India Limited.
Adani Enterprises partners with French clean-technology company Dioxycle
To advance low-carbon chemical production in India