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Morning News

10/07/2026

*Financial News* 
Source: Leading Newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Friday, 10 July 2026


*Automobile*
• Tata Group targets $100 bn revenue from auto units by 2031 after demerger.
• Nissan bets on exports, targets fourfold growth in India sales by FY28.
• JK Tyre plans additional 5%-6% price hikes by September-end.
• Harley-Davidson’s credit ratings get cut to junk by S&P.
• Air India fourth most punctual airline in the world.


*Consumer, FMCG & Retail*
• Swiggy's Toing app back online after nearly 24 hour outage across cities.
• India drives PepsiCo's foods, beverages growth; savoury snacks share rises.
• Marico to keep focus on strengthening growth engines in FY27: Chairman.
• US giant gets ‘Natkhat’ with India’s ₹50,590 cr market.


*Healthcare & Pharmaceuticals*
• Dr Reddy’s pauses weight loss drug on quality fears.


*Oil, Gas & Energy*
• Approximately three thousand gas cylinders were swept into the Patalganga river from an HPCL plant in Raigad.
• Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end.
• Power supply advisory to states, utilities likely soon.
• Uranium, energy pacts with Australia to charge up India.
• Govt clears Vivo-Dixon JV under Press Note 3; companies sign definitive agreements.


*Banking & Financial Services*
• Shriram Finance taps foreign banks for cheaper debt.
• RBI launches 3 key surveys to get input for monetary policy.
• As West Asia boils again, RBI likely to assess FCNR flows.
• RBI faces $100 billion challenge after record currency defense.
• SBI to sell 1.42% stake in SBI Funds for Rs 1,655 crore before IPO.
• Edelweiss Mutual Fund suspends fresh SIPs in seven overseas schemes from July 10.


*Capital Markets*
• EMS players rally after govt extends customs duty sops.
• Jewellery cos put shine on D-St with strong biz updates.
• Oberoi Realty slips after Punjab & Haryana HC restrains fresh allotments in Gurugram project.
• Choice International shares rise as South Korea's NH Investment to invest Rs 899 cr in firm's broking arm.


*Information Technology*
• TCS says AI revenue remains lumpy as projects last just 1-2 quarters.


*Economy & Trade*
• India is a long-term bet: PM Modi to Australian CEOs.
• India Inc urges US Trade Representative to drop tariff plan on Indian goods.


*Politics & Government*
• ED charge sheets Punjab minister Sanjeev Arora in ₹102 cr money laundering case.
• Maharashtra forms 7-member UCC panel led by ex-SC judge Ranjana Desai.
• As students' meets put off, guessing game in Congress on Rahul Gandhi's schedule.
• BJP's Bankipur Candidate Files Papers; NDA Leaders Present.
• Hours After Joining BJP, 3 Ex-TMC MPs Named RS Nominees From West Bengal.
• Hardeep Puri said no choice would be given': Arvind Kejriwal attacks Centre over ethanol row, calls it 'dictatorship'.
• US says Iran technical talks to continue despite recent strikes.


*Commodities*
• Silver stood at Rs 2,23,801 spot on July 9
• Gold stood at Rs 1,43,206 spot on July 9


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