August 13, 2026
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Indian automakers privately raised concerns over possible contamination in E20 petrol before an industry warning was publicly withdrawn, according to emails reviewed by Reuters. Maruti Suzuki, Tata Motors and Mahindra discussed concerns about high levels of chloride and moisture in ethanol-blended petrol. Industry testing involved more than 250 fuel samples collected from Continue Reading
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Shares of Godrej Consumer Products plunged 11.2% on Wednesday, marking their steepest single-day decline in more than six years. The sell-off followed the abrupt departure of CEO Sudhir Sitapati, raising concerns among investors about the company’s strategic execution and growth plans. Godrej Consumer appointed CFO Aasif Malbari as CEO and managing director after Sitapati Continue Reading
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India’s state-run Hindustan Aeronautics Ltd (HAL) reported a nearly 15% rise in first-quarter profit, supported by strong execution of defence orders and steady progress in project deliveries. The aerospace and defence company posted a June-quarter net profit of ₹15.90 billion ($166.66 million), compared with ₹13.84 billion a year earlier. HAL’s revenue from operations Continue Reading
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Tata Motors reported an 8.3% increase in quarterly profit on Wednesday, supported by strong demand from infrastructure, logistics and freight customers. The higher volumes helped the automaker offset rising commodity costs linked to the ongoing Middle East conflict. The company posted a profit of ₹15.28 billion ($160.3 million) for the April-June quarter, compared with Continue Reading
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Coal India is considering acquiring a unit of Canada’s Wealth Minerals that holds lithium mining assets in Chile, according to sources familiar with the matter. The state-owned coal giant is also exploring a potential joint venture, as India steps up efforts to secure overseas supplies of lithium, a critical mineral used in electric vehicle batteries […]Continue Reading
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Diageo has challenged India’s ban on its popular McDowell’s No. 1 Celebration Matured XXX Rum, arguing that the prohibition was imposed without following proper legal procedures. The action comes amid a major crackdown by India’s food safety regulator on alcohol brands over alleged mislabelling and the use of artificial flavours. Diageo’s India unit, United Spirits, […]Continue Reading
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Gold prices steadied on Tuesday after briefly climbing to their highest level in more than two months, as investors awaited key U.S. inflation data that could influence the Federal Reserve’s interest-rate decisions. Spot gold was little changed at $4,386.13 an ounce after reaching $4,434.84, its highest level since June 5. U.S. gold futures gained 0.6% […]Continue Reading

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