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Business

Adani Dharavi SPV launches 24-hour interactive AI helpline for residents

Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) company undertaking the Dharavi Redevelopment Project (DRP), officially announced here on Wednesday that it has launched an Artificial Intelligence (AI) platform called ‘Dharavi Didi’, which will act as a 24x7 interactive AI companion answering all questions from Dharavi slum dwellers regarding the project's redevelopment and rehabilitation.

Business

Trump announces phased US tariffs on imported generic drugs; Indian pharma stocks fall despite limited impact outlook

Indian pharmaceutical stocks declined in early trade after the US President unveiled a phased tariff regime on imported generic medicines, though analysts said India's cost advantage and regulatory hurdles make a major disruption unlikely.

Stock markets end lower amid weakness in heavyweight private banks

Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.

Core infrastructure output rises 5% in June, hits 5-month high

The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.

No proposal to scrap LTCG tax on equities, govt tells Lok Sabha; collections rise 79%

Replying to a question in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said the government currently has no plan to remove the tax on long-term gains from equity investments.

‘Har cookie mein KAM smiles’: Iran war pushes ‘Good Day’ maker Britannia to hike prices, cut grammage

Britannia reported higher inflation in palm oil, laminates, and fuel costs, whereas wheat followed a deflationary trend. However, the company noted that domestic operations remained unaffected by fuel and gas shortage concerns from the West Asia conflict.

By Statesman News Service

08 May, 2026 8 mins read

‘Har cookie mein KAM smiles’: Iran War pushes ‘Good Day’ maker Britannia to hike prices, cut grammage

Britannia reported higher inflation in palm oil, laminates, and fuel costs, whereas wheat followed a deflationary trend.

By Statesman News Service

08 May, 2026 8 mins read

Sensex, Nifty slip in early trade amid renewed US-Iran tensions

Sensex fell as much as 0.71 per cent or over 500 points to hit an intraday low of 77,291.72 in early trade, while Nifty slipped by 168 points or 0.69 per cent to 24,158.15.

By IANS

08 May, 2026 8 mins read

Cloudflare to cut over 1,100 jobs amid AI-led restructuring

US-based connectivity cloud company Cloudflare has announced that it plans to cut more than 1,100 jobs globally as the company restructures its operations around the growing adoption of artificial intelligence (AI), according to an internal memo sent to employees by the company.

By IANS

08 May, 2026 8 mins read

RBI okays Kotak stake acquisitions in Federal Bank, AU Bank, J&K Bank

The Federal Bank as well as the AU Small Finance Bank informed the stock exchange in separate filings here on Thursday, that the Reserve Bank of India (RBI) has cleared the acquisition of 9.99% stakes each in both banks by Kotak Mahindra Bank Ltd.

By Statesman News Service

07 May, 2026 8 mins read

Business

Adani Dharavi SPV launches 24-hour interactive AI helpline for residents

Trump announces phased US tariffs on imported generic drugs; Indian pharma stocks fall despite limited impact outlook

Stock markets end lower amid weakness in heavyweight private banks

Core infrastructure output rises 5% in June, hits 5-month high

No proposal to scrap LTCG tax on equities, govt tells Lok Sabha; collections rise 79%

‘Har cookie mein KAM smiles’: Iran war pushes ‘Good Day’ maker Britannia to hike prices, cut grammage

‘Har cookie mein KAM smiles’: Iran War pushes ‘Good Day’ maker Britannia to hike prices, cut grammage

Sensex, Nifty slip in early trade amid renewed US-Iran tensions

Cloudflare to cut over 1,100 jobs amid AI-led restructuring

RBI okays Kotak stake acquisitions in Federal Bank, AU Bank, J&K Bank

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