Market News
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Groww faces technical glitch, client withdrawals hit
Groww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its cloud service provider, Google Cloud Platform. Some users also reported difficulties depositing money into their accounts. The brokerage stated the problem was promptly resolved before market closing. Customers could then access their funds after the disruption ended.
Trai pushes back on spam tag for 1600, 140 numbers
Trai clarified that tagging and blocking calls from 1600 and 140 series numbers is not allowed. Subscribers can manage promotional calls from registered telemarketers using the Do Not Disturb registry. The 1600 series numbers are designated for service and transactional calls by financial sector entities. This clarification follows Truecaller's statement about not marking such calls as spam. Spam calls from these number series have reportedly surged significantly.
India's first hydrogen train to roll out on July 17, regular service date awaited
Prime Minister Narendra Modi will flag off India's first hydrogen train on July seventeenth. This new train will travel eighty-nine kilometers between Jind and Sonipat in two hours. The hydrogen train will make stops at twelve intermediate stations along its route. Regular passenger service commencement date is yet to be finalized by Northern Railway. The train uses hydrogen fuel cells to generate traction power instead of diesel.
Mumbai-Pune rail disruption: Central Railway cancels 30 trains till July 17, check the full list here
Mumbai-Pune rail services face continued disruption until July 17. Heavy monsoon rains caused landslides between Karjat and Lonavala stations. Thirty long-distance and inter-city trains have been cancelled by Central Railway. Repair work is ongoing, but challenging conditions persist for operations. Passengers should check official channels for updated train service information.
DTC says no free bus service for women in Delhi without Pink Saheli Card
Delhi Transport Corporation will transition to a smart card system for free women's bus travel. Existing paper pink tickets will be valid for free travel until July thirty-first. After August first, only smart card holders can receive pink tickets for free rides. Women without the Pink Saheli Smart Card must purchase regular tickets for their journeys. Passengers are advised to obtain their smart cards before the July deadline.
Union Minister for Textiles eviews Transformation of Powerloom Centres into Integrated Textile and Apparel Development Hubs
The Minister reviewed the transformation of the erstwhile Powerloom Service Centres into Integrated Textile and Apparel Development Centres (ITADCs), which are being repositioned as integrated growth hubs for the textile sector. The revamped ITADCs are envisioned as one-stop facilitation centres providing skill development, testing, design support, technology adoption, entrepreneurship development, credit facilitation, export promotion and market linkages to textile entrepreneurs, MSMEs and other stakeholders across the textile value chain.
Emirates to deploy A380 on Delhi route from October; expands Premium Economy to 6 Indian cities
Emirates will introduce its A380 aircraft on the Dubai-Delhi route starting October 25. This move expands the airline's double-decker service to a third Indian city. Premium Economy will also become available on six Indian destinations by month's end. The airline cites strong demand as a reason for these network enhancements. Emirates is also opening new retail travel stores and a call centre in India.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Groww says direct mutual funds remain core offering amid confusion over MF Prime
The investment platform clarified that its new MF Prime service is an optional offering for investors seeking research-backed guidance and does not replace its zero-commission direct mutual fund platform.
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.
India's food services market to reach $50 billion by FY31, online share to rise to 18%: Report
India's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising to eighteen percent. Rising consumer spending and convenience fuel this market's expansion. Organized food service brands are expected to grow faster than the unorganized sector. Snacks, desserts, and beverages present attractive growth opportunities for companies.
Swiggy gains 7% on expansion of Food on Train network; book profit or hold?
The company said orders through the service increased threefold during April-June 2026 compared with the year-ago period