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The Latest Breaking News from ET

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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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.

The Economic Times

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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.

The Economic Times

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The Economic Times

Cleartrip bets on non-air expansion for scale, targets early-2027 breakeven

Flipkart-owned Cleartrip plans to diversify its business beyond flights to achieve breakeven by scaling its hotel, train, and bus verticals. Manjari Singhal called Cleartrip India’s second-largest air-bookings player and “fourth-ish” in hotels, but provided no market-share data. She said approaching the leader would take “a couple of years”.

The Economic Times

CJP chief Abhijeet Dipke begins indefinite hunger strike after Wangchuk taken to hospital

Abhijeet Dipke started an indefinite hunger strike at Jantar Mantar on Saturday. This action followed climate activist Sonam Wangchuk's hospitalisation after a lengthy fast. Dipke alleged police crackdown and urged supporters to continue the ongoing protest. Delhi Police stated they complied with court orders and medical advice for Wangchuk. Protesters…

The Economic Times

Tata Electronics cyberattack: Mandiant recommendations implemented to prevent future breaches

On June 23 ransomware group World Leaks posted more than 200,000 files to the dark web, including details on projects related to some of the company’s global clients, which include Apple and Tesla. Three days later, it said that the company had launched a probe and had tightened internal security…

The Economic Times

Zepto may cut IPO size by 20%; investor bids peg valuation at $3.5-4 billion: sources

Zepto is expected to announce its price band over the next seven to eight days, another person said. Sebi rules require companies to refile their draft prospectus if the issue size changes by more than 20% from the original estimate.

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The Economic Times

Peak XV leads Rs 350 crore funding round in wealth manager Neo Group

The transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment split among participants. The funding follows a Rs 550-crore investment by private equity firm TVS Capital in March.

The Economic Times

Contract manufacturer Naturis Cosmetics raises Rs 100 crore led by Sharrp Ventures

Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience centre in the Delhi-NCR region and a research and development centre in Mumbai. It also plans to strengthen its team across functions.

The Economic Times

The Jaypee clue: Adani may be quietly building its next money-spinner

Adani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambition beyond airport-related developments. The company is also partnering with IHG Hotels & Resorts for airport-linked hotels. India's strong hotel market attracts significant interest from large conglomerates. These developments suggest…

The Economic Times

India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehicles

New fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms will apply from 2027-28 to 2031-32. Carmakers must meet fleet-wide fuel efficiency targets under the proposed rules. The aim is to improve fuel efficiency and lower vehicle emissions across India.

The Economic Times

Yes Madam clocks 30,000 home beauty services in June as at-home salon race heats up

Yes Madam’s instant spa services are available in over 55 cities, while its instant salon services have been rolled out in select metro markets and will be expanded in phases. Both services are delivered within 30 mins.

The Economic Times

E2W startup E3 Electric.Ai raises Rs 100 crore in equity, debt

The funding comprises Rs 75 crore in equity and Rs 25 crore in debt, and more than 80% of the capital has already been disbursed, founder and chief executive P Sanjeev told ET. The company plans to use the proceeds for product engineering and commercialisation of its first scooter.

The Economic Times

India's agentic AI adoption mirrors mobile revolution: DeepMind executive

Indians embracing AI agents is similar to the mobile revolution that propelled the country ahead, said a top executive at Google's artificial intelligence research arm DeepMind, noting that the country is playing a key role in building agentic use cases.

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