News Overview

Mahindra & Mahindra has announced a notable 11% year-on-year increase in wholesales for June, totaling 69,397 units.

Broader market participation with both midcap and smallcap indices reaching new highs.

The mini-ratna business said that the basic price of electrolytic manganese dioxide (EMD) has been maintained at ₹210,000 PMT in July.

The Mysuru plant's current capacity utilisation is approximately 78% of its installed production capacity of 3 lakh KL per year.

Total exports increased by 1% to 1,42,026 units in the month under review, up from 1,40,998 automobiles the previous year.

In the market, 2,393 shares advanced, 1,067 shares declined, and 122 shares remained unchanged.

Tata Consumer Products Ltd believes this demand is unjustified and is planning to appeal and seek rectification of the order.

As stated by Niva Bupa, current shareholders Fettle Tone and Bupa Singapore Holdings will sell shares for up to ₹2,200 Crore.

Currently, the two investors jointly own roughly 40% of Inventia.

Financial institutions will have access to AI Sandbox, proof of concept support, AI literacy programs, and digital assistant solutions as part of this partnership.