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The Latest Breaking News from ET

Empire buys back: After Tata, Adani can rewrite India's colonial past

Adani Ports is evaluating the acquisition of a controlling stake in UK's Associated British Ports (ABP) in a deal valued at nearly $10 billion. If completed, the acquisition would rank among the biggest overseas buys by an Indian company, marking a symbolic shift in India's economic rise while strengthening Adani's…

The Economic Times

OfBusiness FY26 revenue falls 7% after exit from low-return businesses

Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing integration, wider margins and stronger cash generation ahead of its planned IPO filing next quarter.

The Economic Times

Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?

Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Swiggy's Instamart business.This appointment occurs amid intense competition in India's quick commerce sector. Meanwhile, Zepto is reportedly negotiating its IPO pricing at a lower valuation.The company may defer its listing if…

The Economic Times

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BigBasket’s losses widen in FY26, revenue rises 7.7% YoY

This comes weeks after Amazon veteran Amit Nanda joined BigBasket as the new chief executive after founder Hari Menon stepped down. Nanda has been tasked with making the business profitable amid mounting pressure on margins in the quick commerce sector.

The Economic Times

Equitas SFB returns to profit in Q1 as provisions fall sharply

Equitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. The lender also reported higher operating profit, improved asset quality, robust asset growth and stable margins despite a slight sequential decline.

The Economic Times

Demon Slayer: Kimetsu no Yaiba Infinity Castle Part 1 OTT release in India: Where to watch on Crunchyroll, Netflix, JioHotstar, Prime Video or Apple TV?

Demon Slayer: Infinity Castle Part 1 is now available on Crunchyroll in India. Viewers can also access the film through Prime Video Channels for convenience. This movie begins the anime's final story arc, featuring a decisive battle. Tanjiro and the Demon Slayer Corps face Muzan Kibutsuji and his powerful demons.…

The Economic Times

India summons Meta head over removal of PM Modi's Facebook post, govt says issue 'far from settled'

India's IT Ministry summoned Meta's global public policy head regarding a removed post. Meta explained the prime minister's video removal was an error. The government found Meta's explanation unreasonable and requires further discussion. The restricted video addressed student concerns over the NEET paper leak issue. This incident raises questions about…

The Economic Times

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Flipkart may add food delivery to its product offerings

Flipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato and Swiggy. The company will learn from this pilot before considering a wider national rollout. Flipkart believes a strong value proposition can disrupt the current market. This expansion…

The Economic Times

Sonam Wangchuk ends fast: What happens next to CJP protest, negotiations with govt and steps to resolve NEET paper leak crisis

Sonam Wangchuk ended his hunger strike after 26 days following government assurances. The Centre promised no legal action against peaceful NEET protesters. A delegation will meet ministers regarding the exam leak controversy. Prime Minister Modi pledged stricter actions against future paper leaks. The Cockroach Janta Party continues its protest for…

The Economic Times

Ashish Kacholia exits defence stock that rallied 108% in Q1. Do you own it?

Veteran investor Ashish Kacholia appears to have exited Walchandnagar Industries in Q1 FY27, as his name is absent from the heavy engineering firm's June-quarter shareholding data—implying his holding has slipped below the 1% disclosure threshold.

The Economic Times

Byju’s-BCCI settlement remains stalled; NCLT pauses buyer search

Byju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision on the matter. The settlement's approval or rejection will determine the continuation of insolvency proceedings. Founders have also challenged GLAS Trust's authority and claim size. The tribunal has paused…

The Economic Times

Boarding call: Can Adani succeed where so many airlines have failed?

Adani Group's potential airline entry could reshape India's aviation industry, but challenging the IndiGo-Air India duopoly will demand years of investment. Strong airport infrastructure, deep financial resources and aviation synergies offer advantages, while aircraft shortages, regulatory hurdles and tough airline economics remain the biggest obstacles.

The Economic Times

More Indians choosing roads over runways for a Dil Chahta Hai moment

India's expanding highway network and more long weekends are fuelling a sharp rise in Uber Intercity road trips, with Tier-2 city routes growing fastest. Uber data shows travellers increasingly choosing road travel for weekend getaways, heritage destinations and leisure holidays as improved highways reshape intercity travel across India.

The Economic Times

This Dividend Stock Yields 6.6% and Stands to Benefit From the Iran War

Energy Transfer has a dividend yield of 6.7%, and the company stands to benefit from the Iran war, which should push more countries to diversify their energy purchases.

Barchart

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The Economic Times

Top OMCs post losses with government weighing relief measures

State-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, and LPG below market rates. Elevated crude prices, driven by West Asia conflict, impacted their earnings. The oil ministry is now working on a compensation proposal for these companies. The…

The Economic Times

Meta shadow-bans Delhi protest content, throttles reach, complain users

Multiple users noted that Meta had marked Cockroach Janta Party (CJP) and politician Anish Gawande's posts as 'sensitive content'. For the past two days, social media has been filled with videos and photos of the clashes that broke out at the protest site with police using tear gas and lathicharges…

The Economic Times

From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bid

Bira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operational restart. The brand faced significant financial strain and regulatory setbacks over recent years. Production had halted, and employees raised concerns about unpaid salaries. The settlement aims to revive the…

The Economic Times

IPO-bound Zetwerk faces counterclaims in escalating US trade secret dispute

The ITC complaint, filed on July 16, names Zetwerk Manufacturing Businesses, Zetwerk Manufacturing USA, and subsidiaries Unimacts Global and KRYFS Power Components. It alleges violations relating to imports and US sales of transformers and components, and seeks orders restricting their import, marketing, and sale.

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The Economic Times

In 1997, Dharmendra Pradhan protested against paper leak outside Odisha Secretariat as a student leader and was beaten

Dharmendra Pradhan 1997 protest: In 1997, Dharmendra Pradhan joined over 1,500 students outside the Odisha secretariat to protest a paper leak and was beaten by police badly enough to sustain fractures. He is now India's Union Education Minister, and students are gathered at Delhi's Jantar Mantar demanding his resignation over…

The Economic Times

Meta’s automated system mistakenly banned CJP spokesperson Saurav Das’ account: Sources

Meta has restored the account of Cockroach Janta Party (CJP) spokesperson Saurav Das after it was mistakenly blocked by the company's automated moderation systems, ET has learnt. Sources said the suspension was an error triggered by automation, and the account was reinstated after the issue was identified on Wednesday.

The Economic Times

BlueStone looks at store expansion, in-house manufacturing to drive growth

On Monday, the Bengaluru-based company reported a 70% year-on-year (YoY) growth in its operating revenue to Rs 737 crore in the June quarter of FY27, up from Rs 493 crore reported in the same period last year. Kushwaha attributed this growth to strong same-store sales growth (SSSG) of 39% YoY.

The Economic Times

Paytm to monetise in-house AI tools, sharpen wealth push

Founder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The company is developing tools for merchant acquisition and servicing, customer engagement, collections and retention, which it plans to offer to small businesses and large enterprises.

The Economic Times

Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece

Ather Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from existing investors, totaling Rs 2,500 crore. These funds will support manufacturing expansion and new product development initiatives. Ather plans to invest significantly in a new Maharashtra facility to boost production…

The Economic Times

Ethanol ATMs coming soon: The biofuel story is racing ahead of E20

India's ethanol policy is entering a new phase as the government explores ethanol ATMs, ethanol cooking fuel, sustainable aviation fuel (SAF), exports and flex-fuel vehicles after achieving nationwide E20 petrol rollout. With ethanol production capacity outpacing current demand, policymakers are seeking new markets to absorb surplus capacity and expand India's…

The Economic Times

Why brands need an ecosystem, not just an advertising plan

Modern marketing is no longer won through isolated campaigns. As business audiences engage with brands across articles, events, thought leadership and digital experiences, organisations are discovering that connected ecosystems create stronger influence than standalone advertising. Partner with The Economic Times to become part of India's most influential business ecosystem.

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