Market News

Semaglutide Snag: Dr Reddy's Pushes Launch To November, Halves Supply Expectations

Despite the delay, Dr Reddy's maintained its broader financial outlook for fiscal 2027.

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.

China markets rebound on policy support

The PBOC said it would keep monetary policy appropriately accommodative and increase financial support to boost domestic consumption, while acknowledging the gap between strong production and weak consumer demand. The central bank kept interest rates and the reserve requirement ratio (RRR) unchanged, focusing instead on improving its policy framework and transmission.

Air India chairman N. Chandrasekaran to oversee firm with interim panel; CEO search continues, source says

Air India Chairman N. Chandrasekaran is forming an interim committee to oversee the airline. This committee will manage operations while a successor for CEO Campbell Wilson is sought. Pradeep Singh Kharola, a former civil aviation official, will also join the panel. Wilson's notice period concludes on September 30, marking his departure. The airline faces scrutiny after a significant financial loss and safety concerns.

Italian corporate bank lending in May posts fastest growth since September 2022

Italian bank loans to companies increased at their fastest pace since September 2022. Deposits held by residents at Italian banks grew annually, showing a slight decrease from April. Bond fundraising also saw a yearly increase, though it was down from the previous month. These figures reflect the financial activities of Italian banks during the specified period. The data provides insight into recent lending and deposit trends within Italy.

Financial literacy for students: The skills Indian schools still aren't teaching

Financial literacy for students refers to the ability to manage money: budgeting, saving, investing, and recognising fraud. Only 16.7% of Indian students pass a basic financial literacy test, and most only learn it after a grave financial mistake, which makes this gap even costlier.

TCS Q1 Results Live Updates: Stock recovering from day's low ahead of earnings

TCS Q1 Results Live Updates: Tata Group giant and India's largest IT services company, Tata Consultancy Services Ltd. (TCS) is set to report its results after market hours on Thursday, July 9. As per a CNBC-TV18 poll, the company's US Dollar revenue is seen flat at $7,611 million, compared to $7,621 million in the March quarter. The stock has declined 35% so far this year and is now trading at 14 times its financial year 2028 estimated price-to-earnings, well below its historical averages. Watch this space for all the LIVE earnings updates from TCS.

Honasa Consumer shares fall despite projecting 'mid-twenties' growth for Q1

Honasa Consumer said it opened the financial year 2027 on a solid footing and it is expected to deliver a strong performance in the first quarter. Its business is expected to deliver growth around thirties in the quarter under review, led by continuous growth momentum across its focus categories.

Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update

Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27. Strong domestic demand and international growth contributed to this impressive financial performance. The launch of a gold recirculation campaign also gained significant customer traction during the quarter. Kalyan Jewellers also expanded its retail footprint by opening new showrooms and outlets.

Jio Financial Services Share Price Live Updates: Jio Financial Services Stock Details

Toll-cum-annuity model for NH bids put in fast lane

The Centre plans to invite bids for national highway projects using a new toll-cum-annuity model. This hybrid approach combines build-operate-transfer and hybrid annuity model features. The revised agreement aims to optimise risk allocation and boost investor confidence significantly. The government will provide upfront financial support for certain projects with viability gap funding. This initiative seeks to revive private sector participation in infrastructure development.

Proposals invited for coal gasification projects

The coal ministry has invited applications for a ₹37,500 crore scheme. This initiative promotes surface coal and lignite gasification projects across India. The government aims to convert domestic coal into higher-value fuels and chemicals. Eligible developers can receive financial support for commercial-scale projects. Applications are due by September 7, with a pre-application conference on July 20.