“We have begun FY27, the second year of our five-year plan—on a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging early signal,” said Satish Mehta, Managing Director and CEO Emcure Pharmaceuticals.
Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency services remain accessible to borrowers.
India’s primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of domestic demand. Natural gas import dependence has increased to about fifty percent. Coal import dependence has fallen to around eighteen percent due to production. Energy security requires clean energy and domestic production for resilience.
July saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by twenty-eight percent, while other vehicle types also showed considerable improvement. Notably, rural markets outpaced urban areas in most categories. Additionally, electric vehicle sales reached new milestones within the two-wheeler and commercial sectors, and dealers are optimistic about ongoing growth leading into the festive season.
EIH Limited has announced impressive revenue and net profit growth for the first quarter, showcasing its robust business performance. The executive chairman conveyed optimism regarding forthcoming investments and developmental endeavors.
ixigo’s group CEO Aloke Bajpai sees hotels as the company’s fastest-growing segment. The company is poised to lead the mid-market hotel segment in four to five years. Brevistay acquisition strengthens ixigo’s flexible and short-stay accommodation offerings. Hotels are achieving critical mass, supported by a large existing user base. ixigo targets winning the mid-market and budget hotel segments as an online travel agency.
The company said the production demonstrates “The Netflix Effect” by generating employment, supporting local businesses, advancing creative technology and investing in talent.