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PlayBlue raises $2.7 million in seed funding to expand omnichannel sports retail business
Sports retail startup PlayBlue has secured $2.7 million in seed funding to launch its omnichannel platform and first flagship stores in Bengaluru, Mumbai, and Delhi NCR. Co-founded by industry veterans, the company aims to capture India's growing sports participation by offering a wide range of brands. PlayBlue plans to expand significantly, targeting substantial revenue and a large user community within five years.
JLR wholesales volumes decline 9.2% to 79,300 units in Q1
Retail sales decline 15.2% to 80,000 units in Q1
Baazar Style Retail shares end in a 5% upper circuit after strong Q1 business update
Baazar Style Retail reported a 29% year-on-year increase in standalone revenue for the June quarter, while same-store sales growth came in at 7%. The company added a net 13 stores during the quarter.
National Standard (India) Ltd leads losers in 'B' group
Rajdarshan Industries Ltd, JHS Svendgaard Retail Ventures Ltd, Saksoft Ltd and Om Freight Forwarders Ltd are among the other losers in the BSE's 'B' group today, 02 July 2026.
Baazar Style Retail hits the roof after strong Q1 update
Baazar Style Retail hit the 5% upper circuit at Rs 307.80 after the value fashion retailer reported a strong business update for the quarter ended 30 June 2026.
Bank of India shares rise after Q1 loan growth led by retail; deposits near ₹10 lakh crore
Bank of India's advances at the end of the June quarter, increased to ₹7.97 lakh crore globally, a growth of 18.6% from the year-ago quarter. Most of the loan growth came from the domestic business, where gross advances grew 19.1% year-on-year to ₹6.73 lakh crore.
CreditAccess Grameen gains 3% as MOFSL reiterates 'Buy'; sees 16% upside
CreditAccess Grameen, MOFSL said, is leveraging its strong microfinance (MFI) franchise to deepen customer relationships and scale higher-ticket retail lending products.
The surprising reason India's most expensive stocks often keep rising
Indian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defence and retail surge despite high valuations, driven by structural shifts and strong earnings. Jefferies highlights the power sector as the next potential beneficiary, citing strong demand and private sector capex. Investors should remain aware of potential reversals if growth falters.
Stock Alert: Route Mobile, Bharti Airtel, Hero MotoCorp, V2 Retail, NMDC
Bharti Airtel said its subsidiary, Airtel Money has commenced commercial operations as a Type II non-deposit accepting non-banking financial company (NBFC).
CSM Technologies shares to list today. Check GMP ahead of debut
The public issue, which was open for subscription between June 24 and June 29, was subscribed 1.37 times overall. The retail investor portion was booked 1.63 times, while the qualified institutional buyers (QIB) category saw 1.02 times subscription and the non-institutional investor (NII) segment was subscribed 1.54 times. The employee quota was subscribed 1.82 times.
Corporate loans outpace retail
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth.