🗞️ Daily Business Brief – JULY 01 , 2026
- Bharti Airtel Airtel Money commenced commercial operations as a Type II NBFC, strengthening Airtel’s digital financial services ecosystem.
- Coal India Allocated 108.76 lakh tonnes of coal through the SWMA e-auction platform in June 2026 against 266.23 lakh tonnes offered, with a 41% allocation rate.
- Indian Bank Q1FY27 total business grew 13.6% YoY to ₹15.28 lakh crore; advances rose 13.9% while deposits increased 13.3%.
- Dhanlaxmi Bank Q1FY27 deposits increased 17.1% YoY to ₹19,403 crore, while advances jumped 26.47% to ₹15,785 crore.
- Lupin Received EMA approval to expand NaMuscla® for pediatric patients with non-dystrophic myotonic disorders.
- NMDC June iron ore production rose 44% YoY to 5.15 MT, while sales increased 11% YoY to 3.98 MT.
- Punjab & Sind Bank Total business grew 15.33% YoY in Q1FY27, supported by healthy growth in advances and deposits.
- Tamilnad Mercantile Bank Reported strong Q1FY27 business growth with healthy expansion in deposits and advances.
- Ashiana Housing Q1FY27 bookings declined, with booking value falling to ₹357.8 crore from ₹430.97 crore YoY.
- Sai Parenterals Australian subsidiary signed an exclusive OTC medicines supply agreement with a leading pharmacy network.
- Swiggy Instamart appointed Gautam Swaroop as Chief Business Officer.
- APL Apollo Tubes Q1FY27 sales volume declined 6% YoY to 7.45 lakh tonnes amid softer dispatches.
- Bharat Coking Coal (BCCL) June coking coal production declined 12.5% YoY, while raw coal offtake remained flat.
- Zaggle Partnered with HPCL for five years to power the Driver Track Plus fleet programme.
- Tata Motors PV June passenger vehicle sales surged 69% YoY to 63,083 units; Tata Sierra deliveries to accelerate from Q2.
- Tata Motors CV Commercial vehicle sales rose 35% YoY to 40,805 units, beating market expectations.
- Eicher Motors (VECV) Total vehicle sales increased 29.3% YoY to 9,519 units.
- Hero MotoCorp June sales declined 2.4% YoY to 5.41 lakh units, while exports jumped 33%.
- Ashok Leyland June total sales climbed 25% YoY to 19,194 units, ahead of estimates.
- Maruti Suzuki June total sales rose 19.3% YoY to 2 lakh units, led by strong domestic sales and exports.
- Atul Auto June sales increased 35% YoY to 3,641 units.
- Hyundai Motor India June sales declined 15.7% YoY to 51,335 units; company expects production recovery in Q2.
- Route Mobile Partnered with Truecaller to strengthen global business messaging solutions.
- Coal India June coal production slipped 0.6% YoY, while offtake increased 7.5% YoY.
- Steel Strips Wheels Sales value rose 37% YoY, while sales volume increased 23% YoY.
- Paisalo Digital Promoter shareholding increased to 46.72% in Q1FY27 from 41.75%.
- Delhi EV Policy 2026 Government notified the new EV policy to accelerate electric mobility; Maruti Suzuki expressed disappointment over exclusion of hybrids.
- Meta (WhatsApp) Government directed Meta to halt the WhatsApp ‘Usernames’ rollout and seek approval before launch.
- GNG Electronics Entered a distribution partnership with Redington to expand refurbished ICT solutions.
- Zee Entertainment Clarified it has no knowledge of the reported FDI investment mentioned in media reports.
- V-Mart Retail Q1FY27 revenue grew 23% YoY to ₹1,089 crore with 9% same-store sales growth.
- Tata Technologies Expanded its global engineering partnership with Tenneco through a $100 million engagement.
- Sai Silks (Kalamandir) Reported Q1 turnover of ₹375 crore and expanded retail footprint with two new stores.
- Adani Energy Solutions Board approved fundraising of up to ₹10,000 crore via QIP or other permissible modes.
- Lloyds Metals & Energy Targets iron ore production of 26 million tonnes in FY27.
- JTL Industries Q1FY27 sales volume grew 18% YoY to 1.18 lakh tonnes.
- Balaji Amines May benefit as India recommends anti-dumping duty on Ethylene Diamine imports from China, EU, Saudi Arabia and Taiwan.
- MOIL Reduced manganese ore prices by up to 10% effective July 1.
- Zota Health Care Added 264 DavaIndia stores during Q1FY27, taking the total network to 2,825 stores.
- Vodafone Idea Unveiled FY29 turnaround strategy targeting double-digit revenue growth, sustained subscriber additions and a threefold increase in Cash EBITDA.
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