Business — Page 10
Companies, markets, economy, finance, trade and commercial activity
Realme 16x Launched with 7,000mAh Battery and 144Hz Display
Realme has introduced its new 16x 5G smartphone in India, featuring a substantial 7,000mAh battery and a 144Hz display. The device is powered by the MediaTek Dimensity 6300 chipset and includes a 50MP rear camera.
Aviation Ministry Awaits Lab Results in Captain Drug Test Probe
India's Civil Aviation Ministry is awaiting definitive laboratory results regarding a flight captain's potential positive drug test. The captain is under scrutiny after an Air India flight experienced a mid-air drop, injuring 24.
Telangana Plans Auction of Durgam Cheruvu Heritage Hillocks
The Telangana Industrial Infrastructure Corporation is preparing to auction two plots of ecologically significant land near Durgam Cheruvu. These hillocks are characterized by ancient rock formations and are part of the lake's catchment area.
LEAP India IPO Allotment Expected Today; Grey Market Signals 8% Listing Gain
Investors await LEAP India's IPO allotment status, expected today, with grey market premiums indicating a potential 8% listing gain. The Rs 2,480-crore issue saw strong demand, particularly from Qualified Institutional Buyers.
Petronet LNG Revenue Drops Over 50% Amid West Asia Supply Disruptions
Petronet LNG, India's leading natural gas importer, reported a revenue decline of over 52% in the June-end quarter. This drop is attributed to ongoing conflict in West Asia affecting supply routes.
India's Tejas Express Renamed 'Sprite' Tejas for Six Months
India's first privately managed Tejas Express, operating between Lucknow and Delhi, will be branded as 'Sprite' Tejas Express. This temporary six-month arrangement will see the train officially announced with the brand name starting August 19, 2026.
Alani Nu Reintroduces Fan-Favorite Witch's Brew, Launches New Voodoo Vanilla
Alani Nu is bringing back its popular fall flavor, Witch's Brew, alongside a new 'Voodoo Vanilla' energy drink. The return of Witch's Brew, a caramel apple flavor, has been anticipated, while Voodoo Vanilla offers a creamy marshmallow and whipped cream profile.
Premier League Clubs Vie for Monaco Midfielder Lamine Camara
Several Premier League clubs, including Manchester United and Liverpool, are reportedly interested in signing Monaco's 22-year-old midfielder Lamine Camara. Monaco is seeking a significant transfer fee for the player.
Germany Eyes Indian Green Hydrogen, Renewable Energy Partnership
Germany is seeking to purchase green hydrogen from India and expand renewable energy cooperation. The Chargé D’ Affaires noted India's potential for solar and wind energy production, while emphasizing the business prospects for both nations.
Water Supply Restored to Thousands After Complex Pipe Repairs in East London
Thousands of homes in east London and Essex faced prolonged water outages due to burst mains, with repairs proving more complex than anticipated. Thames Water has now fixed multiple burst pipes, with ongoing efforts to fully restore supply and support affected residents.
Tata Sons Succession Looms as India Grapples With Landslides, Exam Scams
Tata Sons Chairman N Chandrasekaran will not seek another term, initiating a succession process. Meanwhile, Mumbai faces landslides and heavy rain, and a NEET exam leak probe deepens.
Cochin Shipyard Delivers Second Ice-Class Vessel to German Shipping Firm
Cochin Shipyard Limited (CSL) has delivered the MS Maria, the second of eight multi-purpose vessels in the HS EcoFreighter series, to German company HS Schiffahrts. The ice-class vessel is designed for diverse cargo types and worldwide trade.
Cadillac F1 Team Appoints Marcin Budkowski as New Team Principal
The Cadillac Formula 1 Team has announced Marcin Budkowski as its new Team Principal. He replaces Graeme Lowdon, who is departing the organization after helping establish its foundation.
TVK Government Secures 97 Deals Worth ₹67,452 Crore at Investment Conclave
The Tamilaga Vettri Kazhagam (TVK) government is poised to sign 97 MoUs valued at over ₹67,452 crore at the Vetri Tamil Nadu Investment Conclave 2026 in Chennai. These agreements are projected to create more than 100,000 jobs across nearly 20 districts.
Kerala Forest Development Corp. Trains Guides to Boost Ecotourism
The Kerala Forest Development Corporation (KFDC) has launched a training program for eco-guides to enhance visitor experiences. Guides will be certified based on their knowledge of local biodiversity, aiming to elevate ecotourism.
India's Public Capital to Spur, Not Replace, Private Investment: FM Sitharaman
India's Finance Minister Nirmala Sitharaman stated public capital should catalyze private investment, not substitute it. She highlighted measures like viability gap funding and PM Gati Shakti to encourage private sector participation at a BRICS meeting in Jaipur.
Inter Milan Nearing Deal for Tottenham's Djed Spence
Inter Milan is progressing in talks with Tottenham over a transfer for Djed Spence. Negotiations are continuing for a deal that could reach over €30 million.
Chick-fil-A Introduces Chicken & Waffles Sandwiches and S'mores Treats for Fall
Chick-fil-A is launching Chicken & Waffles Sandwiches and S'mores-inspired beverages for a limited time. The new menu items are part of the company's "Newstalgia" celebration.
Madhya Pradesh Bans Imitation Paneer to Bolster Dairy Industry
Madhya Pradesh has banned the sale of analogue paneer, which uses non-dairy ingredients. The state government aims to promote natural milk products and strengthen its dairy identity.
Air India Pilot Cited Sleep Difficulty Amid Marijuana Use After Flight Incident
An Air India pilot operating a Phuket-Delhi flight that experienced a significant altitude drop has reported sleep difficulties, for which he was prescribed medication. This comes after the pilot tested positive for marijuana in a post-flight screening.
Kudumbashree to Host 201 Onam Sales Fairs in Thrissur
Kudumbashree's Thrissur District Mission is organizing 201 sales fairs for the Onam season, offering a variety of festive products. The initiative aims to support women entrepreneurs and provide consumers with affordable, locally-made goods.
McDonald's Launches Red Bull Energy Drink Nationwide
McDonald's is introducing its first energy drink, the Red Bull Dragonberry Energizer, available nationwide starting August 17. The new offering is part of the fast-food chain's strategy to attract customers with new and varied menu options.
Constellation Software Reports Strong Q2 Earnings and Revenue Growth
Constellation Software Inc. announced a 17% increase in Q2 2026 revenue to $3,335 million and a 386% surge in net income. The company also declared a $1.00 per share dividend.
Josh Kushner, Bob Iger to Acquire Los Angeles Lakers for Record $12 Billion
Josh Kushner and Bob Iger are set to purchase the Los Angeles Lakers from Mark Walter for over $12 billion, marking a record valuation for a sports franchise. The deal follows a federal probe into Walter's business dealings.