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Tata Power’s big renewable power bet: 4 key highlights investors can’t miss from the annual report

Tata Power has reached a total energy generation capacity of 15.73 GW, while it has a 9.94 GW capacity under construction, the company said in its annual report released on Wednesday. The company is betting big on renewable energy, and it has added 1 GW of renewable energy capacity.  ALSO READGovt mulling domestic production of rare

Rekha Jhunjhunwala cuts Nazara Technologies stake by half to 3.6 percent

Rekha Jhunjhunwala, wife and executor of the Estate of Late Rakesh Jhunjhunwala, has divested almost half of the Estate’s shareholding in Nazara Technologies to 3.6 per cent through open market sales. Jhunjhunwala sold 12,36,500 shares, divesting about 1.4 per cent stake in the gaming and esports firm, on June 9-10, 2025, according to a regulatory

Focus on selling insurance products along with core banking operations: Govt to PSBs

The Department of Financial Services (DFS) has directed public sector banks (PSBs) to focus on selling insurance products along with their core banking objective, according to a CNBC TV report. Acknowledging the importance of public sector banks to meet ‘Insurance for All by 2027’ target, the DFS has asked PSU lenders to focus on insurance

JSW Steel records 8% YoY growth in May production volume to 22.73 lakh tonnes

JSW Steel on Monday released its monthly business update wherein it recorded consolidated steel production for the month of May 2025 at 22.73 lakh tonnes. This was 8 per cent higher as compared with production volume of 20.98 lakh tonnes reported in May 2024. Indian operations, JSW Steel said in a regulatory filing, produced 21.94

Markets end higher for 4th consecutive session. Nifty above 25,100, Sensex up 280 points – 5 key highlights

The markets closed Monday’s session on a higher note for the fourth straight session. The Nifty 50 closed the session 100 points or 0.40% higher at 25,103, the Sensex rose 280 points or 0.34% to settle at 82,468.  The banking stocks surged higher in line with the overall markets, the Nifty Bank pulled up 270

Income Tax Dept cracks down on high spenders hiding income: Strict monitoring of THESE high-value transactions

The Income Tax Department is now using modern data analysis techniques to detect those who have hidden or shown less income. For this, the department is working with various government agencies to collect information about such individuals who spend heavily but do not report their income properly. What is the new update? The Central Board

‘Indusind Bank doing well’: RBI Gov says adequate steps taken to help improve accounting

The Reserve Bank governor, Sanjay Malhotra, gave a positive outlook on the IndusInd Bank, speaking to the media at a press conference after the MPC meeting on Friday. In the post-meeting conference, the RBI Governor pointed out that the bank’s accounting condition has improved. “I think the bank has taken enough steps to improve their

Bharti Hexacom slides 3% after Motilal Oswal downgrades to ‘Neutral’: 4 reasons why

The share price of Bharti Hexacom is down 3% after Motilal Oswal downgraded the stock to Neutral. The target price is set at Rs 1,900 per share. This is around the 52-week high of the share. This, as a result indicates very little downside for the stock in the near-term. According to the brokerage house

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Lutyens’ Delhi real estate remains hot as Golf Links bungalow sells for Rs 100 crore

Yashwant Singh, a scion of a royal family from Rajasthan, has purchased a luxury bungalow in Delhi’s elite Golf Links neighbourhood for Rs 100 crore, according to property registration documents obtained via CRE Matrix. The luxurious property, sprawling over 588.97 sq m of land with an impressive built-up area of 867.33 sq m, features a

Reliance’s next $50 billion bet: AI-energy synergy at heart of new growth path, says Morgan Stanley

Reliance Industries is gearing up for its next big leap, charting an ambitious course to unlock its next $50 billion in value creation from its current $240+ billion market cap, by betting big on green energy and generative AI. Backed by strong legacy cash flows and a bold reinvention plan, the Mukesh Ambani-led conglomerate could

Adani Enterprises announces Rs 1,000 crore NCD issue offering up to 9.3 per cent

Billionaire Gautam Adani-led group’s flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. ALSO READReliance’s next $50 billion bet: AI-energy synergy at heart of new growth path, says Morgan Stanley The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company

Will ITR deadline extend again? Tax experts see further delays after ‘system failures’

In May, the Central Board of Direct Taxes (CBDT) had announced September 15, 2025, as the deadline for filing income tax returns (ITRs) for non-audit cases. However, with critical return filing utilities still pending and system delays continuing, tax experts are urging an official extension of the due date to September 30 for non-audit cases

Former HUL Chairman Susim Dutta passes away in Mumbai

Former chairman of Hindustan Unilever Ltd. (HUL), Susim Dutta has passed away in Mumbai, today. Susim Mukul Datta’s career began with Hindustan Lever in the 1950s. For over four decades, he advanced through the company’s rungs and took the helm as Chairman from 1990 to 1996. A prominent business leader and rural marketing revolutionary, Dutta