Business

07

Jul

By The Press Editor

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Business

Titan rules Sensex 30 pack with gain of 3.5%, Trent bleeds as top loser post Q1 business update: Details | Markets

Mumbai: Tata Group stocks Titan and Trent are the biggest gainers and losers of the Sensex 30 pack on Tuesday, July 7, 2026, after the Q1 business update. While shares of luxury jewellery and watchmaker Titan surged over 3.5 per cent to lead the green patch on the market heatmap, fast-fashion major Trent faced severe selling pressure and fell over 11 per cent to become the absolute loser of the pack.  The stock touched the intraday low of Rs 2,966, representing a drop of 11.29 per cent from the previous close of Rs 3,343 on the BSE. Last seen, the scrip was…

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07

Jul

By The Press Editor

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Business

Mphasis shares to trade ex-dividend for Rs 62 dividend, check ex-date and other details | Markets

Mumbai: Shares of technology solutions provider Mphasis will be in focus during today's trading session as it is the last day to buy the stock to be eligible for the Rs 62 dividend. The company has announced a final dividend of Rs 62 per equity share, with a face value of Rs 10 each, for the financial year ended March 31, 2026. However, this is subject to the shareholders' approval at the ensuing Annual General Meeting (AGM). According to the information shared with the exchanges, the board of directors have approved convening the 35th AGM on July 23, 2026. The…

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07

Jul

By The Press Editor

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Business

Indian Railways to launch country’s first hydrogen train on July 17: Know route, fare and other details | Business

New Delhi: Prime Minister Narendra Modi will flag off India's first hydrogen-powered train on July 17, marking a major step in the country's push for clean and sustainable transport. The train will run between Jind and Sonipat in Haryana and will operate using hydrogen fuel cell technology, which emits virtually zero pollution. The launch is being seen as a significant milestone for India's Green Transport Mission as well as the Make in India initiative, showcasing the country's efforts to develop eco-friendly and indigenous rail technology. Know route, fare and other details The Indian Railways has kept the fare for the hydrogen…

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06

Jul

By The Press Editor

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Business

Akasa Air plans to fly under UDAN scheme, targets 30% capacity growth: CEO Vinay Dube | Business

New Delhi: Akasa Air is planning to launch services under the government's regional air connectivity scheme 'UDAN' or 'Ude Desh ka Aam Naagrik'. Vinay Dube, CEO of the airline, which completes 4 years of commercial flight service next month, said that aircraft are joining its fleet at a steady, predictable pace. The company has taken delivery of 9 new Boeing 737 Max aircraft so far this year and has ordered a total of 226 aircraft; the remaining 186 aircraft are expected to join the fleet by the end of 2032. Currently, Akasa Air serves 28 domestic and 7 international destinations. …

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06

Jul

By The Press Editor

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Business

Sensex, Nifty surge on 4th straight session despite mixed global cues, HDFC Bank gains 3.59% | Markets

Mumbai: Benchmark indices Sensex and Nifty traded with a positive bias despite mixed global cues on July 6, 2026, and ended the trading session on a strong note. The 30-share BSE Sensex surged 521.16 points or 0.67 per cent to settle at 78,285.07. During the day, the benchmark hit a high of 78,398.06 and a low of 77,879.70, gyrating 518.36 points. The 50-share NSE Nifty was up by 159.50 points or 0.66 per cent and ended the session at 24,175.70. Similarly, the broader market ended in the green. While the BSE MidCap Select Index added 128.85 points or 0.71 per…

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06

Jul

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Business

Cube Highways Trust plans Rs 5,000 crore IPO, issue likely to be launched this month: Check details | Markets

Mumbai: Cube Highways Trust is planning to launch a Rs 5,000 crore (approximately USD 1.5 billion) initial public offering (IPO) this month. The public issue will be entirely OFS-based and will not include any new shares. This means the company will not raise new capital through the IPO, but existing investors will sell their stakes, sources said. According to sources, the Cube Highways Trust aims to expand its investor base and increase business in the unit after listing.  There are 27 operational highway assets in 12 states and 1 union territory of the country As of March 31, 2026, Cube…

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06

Jul

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Business

Ashwini Vaishnaw flags off three new trains, know full route and other details | Business

New Delhi: Union Railway Minister Ashwini Vaishnaw flagged off three new trains on Monday. These include the Nanded-LTT Express between Nanded and Lokmanya Tilak Terminus in Maharashtra, the Nanded- Tanakpur Express between Nanded and Tanakpur in Uttarakhand , and the Puri-Koraput Express between Puri and Koraput in Odisha. The Railway Minister will also launch another train, the Brahmapur-Surat (Udhna) Amrit Bharat Express, shortly. The Brahmapur-Surat (Udhna) Amrit Bharat Express will be the fourth train to be launched today. Nanded-LTT Express The Nanded-LTT-Nanded Express train, running between Nanded and Mumbai's Lokmanya Tilak Terminus, will benefit passengers from Nanded, Hingoli, Washim, Akola,…

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06

Jul

By The Press Editor

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Business

Saudi Arabia’s Riyadh Air to start operations in India with daily Mumbai-Riyadh flights from August 4 | Business

New Delhi: Saudi Arabian airline Riyadh Air has announced plans to launch services in India. Riyadh Air has said that it will begin daily direct flights between Mumbai and Riyadh starting August 4, 2026. This will be Riyadh Air's first service to India. Riyadh Air, a premium carrier backed by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), said ticket bookings for the Mumbai-Riyadh route began on July 6, 2026. According to the airline, this daily service between Mumbai and Riyadh will be operated using Boeing B787-9 aircraft.  To offer a four-class configuration The aircraft will offer a…

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06

Jul

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Business

Real estate stock hits fresh 52-week high amid rally in benchmark indices today, check share price | Markets

Mumbai: Shares of Indiabulls are in action amid upward momentum in the benchmark indices, Sensex and Nifty, as they witnessed buying in blue-chip bank stocks and lower crude oil prices. Fresh foreign fund inflows also added to the optimistic trend in the domestic equity market. The 30-share BSE Sensex climbed 461.96 points to 78,225.87, and the 50-share NSE Nifty rallied 168.75 points to 24,439.60. The stock surged 5 per cent to hit the upper circuit for the second consecutive session today and touched a fresh 52-week high. The counter started the trading session flat at Rs 29.30. Amid robust trading…

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06

Jul

By The Press Editor

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Business

Gold retreats, silver volatile as US dollar edges up from recent lows | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures fell on Monday, July 06, 2026, after trading higher last week as the US dollar edged up from recent lows. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 243 or 1.06 per cent at Rs 1,47,135 per 10 grams against the previous close of Rs 1,47,378. It fell further to touch an intraday low of Rs 1,46,899, a drop of Rs 479 or 0.32 per cent. In between, it touched an intraday high of Rs 1,47,509. Last seen, it was trading at Rs 1,47,329…

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