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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.

Stock market under selling pressure, Nifty below 23,700

HDFC Bank, State Bank of India, Canara Bank and Punjab National Bank were among the major laggards, declining up to 3 per cent.

By Statesman News Service

09 April, 2026 8 mins read

Sensex at 95,000? Morgan Stanley bets on 22% surge as market ‘bottom’ nears

Morgan Stanley sees Indian equities entering a recovery phase with improving earnings and low valuations, projecting a sharp upside for Sensex over the next two years.

By Kamna Arora

09 April, 2026 8 mins read

ED raids Merlin’s Mohta on money laundering charges

It is learnt that the action followed receipt of a complaint of money laundering in February, wherein it was stated that Mohta, his son, Saket Mohta, directors and senior officials including Dilip Chaudhary, Vikash Memani, Saurav Majumdar and Ranjan Chakraborty, along with several others were involved in the matter.

By Statesman News Service

08 April, 2026 8 mins read

Sushil, Saket Mohta ‘grabbed land’ using ‘forged documents’, ‘false chain of title’: Why ED raided Merlin Group in Kolkata

According to ED officials, the accused allegedly fabricated a "false chain of title" using "forged documents" to claim ownership over land parcels.

By Statesman News Service

08 April, 2026 8 mins read

Jio adds over 1.88 lakh new subscribers in Odisha in February: TRAI data

Continuing its excellent march as the No. 1 digital service provider in Odisha, Reliance Jio has added the highest 1.88 lakh new mobile and home broadband subscribers in the state in the month of February 2026.

By Statesman News Service

08 April, 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%

Stock market under selling pressure, Nifty below 23,700

Sensex at 95,000? Morgan Stanley bets on 22% surge as market ‘bottom’ nears

ED raids Merlin’s Mohta on money laundering charges

Sushil, Saket Mohta ‘grabbed land’ using ‘forged documents’, ‘false chain of title’: Why ED raided Merlin Group in Kolkata

Jio adds over 1.88 lakh new subscribers in Odisha in February: TRAI data

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