🗞️ Daily Business Brief – JULY 14, 2026
- Tata Elxsi reports Q1 FY27 net profit of ₹170.6 crore, up 18.2% YoY.
- L&T Technology Services (LTTS) reports Q1 results with revenue, margins and constant currency growth ahead of estimates, while profit remains largely in line.
- Anand Rathi Shares & Stock Brokers begins FY27 on a steady note; lending and wealth businesses drive growth, while Q1 net profit rises 2.2% YoY.
- Delhivery receives RBI approval for a Type II NBFC-ND licence for wholly owned subsidiary Delhivery Financial Services.
- Kirloskar Brothers subsidiary SPP Pumps UK secures an international order worth GBP 11.67 million (~₹149.6 crore) from Saipem Offshore Construction.
- IOL Chemicals & Pharmaceuticals receives China NMPA approval for its Clopidogrel Bisulfate API.
- Easy Trip Planners (EaseMyTrip) signs MoU with the Jharkhand Tourism Department to promote tourism through digital initiatives.
- Jain Resource Recycling temporarily suspends operations at part of its Tamil Nadu facility after a furnace explosion resulted in one fatality and multiple injuries.
- NBCC (India) board approves merger of wholly owned subsidiary HSCC (India) with the company.
- IDBI Bank says it cannot confirm or deny reports regarding the government’s stake sale, citing confidentiality of the disinvestment process.
- RBI issues draft rules for bank stake acquisitions by mutual funds, insurers and pension funds, with continuous regulatory monitoring.
- Ports & Shipping Ministry says the situation in the Persian Gulf is being closely monitored; seven Indian-flagged vessels are currently in the region.
- LTIMindtree expects AI revenue, currently contributing 12% of revenue, to grow faster than the overall business.
- L&T Technology Services partners with Anthropic to deliver AI-powered engineering intelligence solutions for manufacturing and product development.
- United States announces a blockade on ships travelling to and from Iranian ports while keeping the Strait of Hormuz open for other global shipping.
- Hero MotoCorp approves an additional investment of up to ₹1,000 crore in Ather Energy, subject to regulatory approvals.
- India Government amends the Foreign Trade Policy to prohibit imports of goods produced using forced labour.
- India Government launches global branding, labelling and export packaging guidelines under the ₹25,060 crore Export Promotion Mission.
- Capacit’e Infraprojects wins a ₹482 crore construction order for the Mahalaxmi project in Mumbai.
- Maharashtra Government approves an international agri-market near Vadhvan Port, expected to boost exports and create over 10,000 jobs.
- India-China Trade bilateral trade rises 23.6% to $91.72 billion in H1 2026, while India’s trade deficit widens to $67.1 billion.
- Axis Bank completes the preferential issue in Axis Finance; stake reduces to 94.92% while retaining holding company status.
- Road Transport Ministry reiterates support for the E20 ethanol policy, highlighting broader feedstock options for ethanol production.
- United Spirits expects India to become one of the world’s largest premium alcoholic beverage markets over the next decade.
- Vedanta says India could achieve 50% self-sufficiency in critical minerals within the next 5–10 years.
- Vedanta Oil & Gas targets production of 500,000 barrels per day, according to the chairman.
- Vedanta Aluminium plans to double aluminium production capacity to 6 million tonnes per year over the next three years.
- Exide Industries plans to use in-house lithium-ion cells in future battery packs and is in talks with telecom tower companies for battery supply.
- Tata Motors PV (JLR) expands EV charging ecosystem by providing access to more than one million charging points across Europe.
- India Semiconductor Mission Cabinet may soon approve or clear pending proposals under the ₹1.25 lakh crore semiconductor mission.
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