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Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilient
Summer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages, ice cream, and dairy products saw robust growth. Consumers are opting for more affordable refreshment options and impulse buys, with traditional hydration products also gaining popularity across urban and rural areas.
Adani to build mini cities around six airports with ₹20,000 crore investment
Adani Airport Holdings plans to invest over ₹20,000 crore in the first phase of airport city projects across six airports, combining hotels, offices, retail, entertainment and convention centres into integrated urban hubs connected to major transport networks.
Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acres
Adani Airport City Limited is investing over ₹20,000 crore to build integrated airport cities across six Indian airports. These developments will feature hospitality, retail, and commercial spaces on 655 acres, aiming to transform airports into hubs for commerce and urban growth. The initiative, inspired by global airport districts, prioritizes sustainability and aims to create vibrant urban destinations.
Axis Bank aims to strike optimal balance between growth and margins: MD
Axis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in net profit for FY26, the bank expanded its market share in advances and deposits, maintaining a healthy CASA ratio. Significant investments in technology and a physical footprint expansion to over 6,000 branches are driving efficiencies and enabling a stronger Bharat Banking franchise focused on diversified rural and semi-urban opportunities.
India's wireless subscriber base expands to nearly 1300 million in May 2026: TRAI
The number of wireless subscribers increased from 1288.96 million at the end of April 2026 to 1294.46 million at the end of May 2026. This expansion represents a monthly growth rate of 0.43 per cent for the country's wireless sector, according to a Telecom Regulatory Authority of India report, which highlighted steady upward movement across both urban and rural markets.
A Rs 20 lakh crore plan could shake up the Delhi-NCR property market
Delhi-NCR's property market faces affordability challenges, prompting the ambitious NCR Regional Plan 2041. This plan aims to reshape the region by investing over Rs 20 lakh crore, creating new cities, and formalizing land. It envisions a multi-nodal urban model, moving away from Delhi-centric growth, and aims to connect major cities within 30 minutes via high-speed transit.
Lithium Urban bags investment from JSW Green Mobility, co eyes 3-fold growth in 2 years
Lithium Urban Technologies, backed by Eversource Capital, has secured a strategic investment from JSW Green Mobility to fuel a three-fold growth over the next two years. This move aims to boost the company's expansion in response to surging demand for sustainable, tech-driven mobility solutions.
Delhivery and Bajaj Auto partner for modernization of urban logistics
To deploy 200 Bajaj RIKI eCarts across its last-mile delivery network
MHADA’s 925-acre Mumbai redevelopment pipeline may draw Rs 4 lakh cr investment
Mumbai's housing redevelopment is set for a massive Rs 4 lakh crore investment, promising 75,000 rehabilitation tenements and 30,000 MHADA units. This large-scale urban renewal, covering 925 acres across 11 projects, aims to transform ageing colonies and densely populated areas. The new Construction & Development Agency model prioritizes residents with transit rent support and maintenance funds, attracting major developers like Adani and Reliance.
Top Gainers & Losers on June 22: Kirloskar Oil Engines, Delhivery, Gabriel India, Urban Company among top gainers
The Indian stock market closed with gains as US-Iran peace talks progressed, boosting pharmaceutical and technology stocks. The Nifty 50 rose 0.37% to 24,102, while the Sensex closed at 77,044, up 0.31%. Broader markets and various sector indices also recorded positive movements.
Urban Company gains 7% on huge volume; stock up 45% from March low
Urban Company stock price: The average trading volume at the counter more-than-doubled with a combined 14.13 million shares changing hands on the NSE and BSE in Monday's trade.
Mountain Bookings Up 76% In June As Urban Indians Flock to Hills: Report
Overall mountain bookings across the Zostel network rose between "seven and nine per cent" year-on-year, with nearly "48 per cent" of travellers making their bookings within three days of departure.