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Amid heavy rains, five Mumbai-bound flights diverted to nearby airports
Mumbai was heavily disrupted on Saturday as torrential rains and limited visibility resulted in five flights being rerouted, including three operated by IndiGo and two by Air India. Ultimately, four of these flights managed to return to their original destinations. The severe weather conditions also triggered widespread flooding and infrastructure damage, causing major disturbances in the city’s daily routine.
Northeast gets first MEMU electric train, linking Tripura to Assam
Northeast Frontier Railway has launched its first-ever Mainline Electric Multiple Unit (MEMU) service in the Northeast, connecting Tripura with southern Assam. This modern, eco-friendly train offers enhanced passenger amenities and faster travel, marking a significant step in the region's railway modernization. The service aims to boost daily commuting, strengthen regional connectivity, and support local commerce, benefiting thousands of passengers.
Axis Bank Q1 Update: Gross Advances, Deposits Rise 18%; CASA Strengthens
The bank's total deposits were also up, as they rose 2.8% sequentially and 18.2% on-year to Rs 13.73 lakh crore.
Allcargo Global Lists On NSE, BSE After Demerger From Allcargo Logistics
Allcargo Global made its D-Street debut on Friday, July 3.
Weak Monsoon Deepens Worries Over Kharif Sowing, Reservoir Levels And Food Inflation: Emkay
According to Emkay, total Kharif sowing area stood at 18 million hectares as of June 26, down 23% from the same period last year.
PM Modi inaugurates CG Semi chip plant in Sanand, Gujarat
Prime Minister Narendra Modi inaugurated India's third semiconductor manufacturing plant in Sanand, Gujarat, a significant stride in building a domestic chip ecosystem. This facility aims to bolster manufacturing, strengthen electronics supply chains, and reduce import reliance. Union Minister Ashwini Vaishnaw highlighted the rapid development of the sector, underscoring its national priority. Meanwhile, the Mumbai-Ahmedabad High-Speed Rail corridor is nearing completion, with an operational stretch anticipated in 2027.
Kotak Mahindra Bank Q1 net advances rise 15%, total deposits up nearly 12%
Kotak Mahindra Bank reported Q1 business growth: advances up 15.1%, CASA up 10.2%, total deposits up 11.7%. It will acquire Deutsche Bank's India retail, private, wealth businesses for Rs 281.7 crore.
Karur Vysya Bank's total business rises 16% YoY in Q1FY27
Karur Vysya Bank reported a 15.94% year-on-year increase in total business to Rs 2,27,265 crore as of 30 June 2026.
This small-cap stock has doubled investor wealth in just 3 months; check details
Bluspring Enterprises has seen a remarkable 112% surge in three months, rallying 194% from its 52-week low. The stock reached a 52-week high of ₹131.60 following substantial order wins from its subsidiary STEAG Energy Services, enhancing its order book significantly.
Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal year
Senco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 208 outlets. The company reported a robust 60% year-on-year revenue growth, driven by strong festive demand and a 38% rise in same-store sales. Despite challenges like higher gold prices and increased customs duty, Senco's diamond jewellery segment showed impressive growth, with plans to further expand through franchising.
Bandhan Bank's total deposits rise 7% YoY in Q1
Bandhan Bank reported total deposits increased 6.6% year-on-year (YoY) to Rs 1,64,886 crore as of 30 June 2026, compared with Rs 1,54,666 crore as of 30 June 2025.
Top picks! Redington among 5 stocks with upside potential of up to 27%. Do you own any?
Monarch Networth Capital has maintained Buy ratings on Pricol, Redington, Sundram Fasteners, Travel Food Services and Viyash Scientific, citing strong earnings growth, improving margins and business expansion. The brokerage sees upside potential of up to 27% across these stocks.