Russia rewrites history: What Putin's bet on Taliban means

UltraTech Cement clarifies it's not under CCI investigation regarding ONGC tenders, while its subsidiary, India Cements Ltd (ICEM), is involved and exploring legal options. CCI directed ICEM, Dalmia Bharat Cements, and Shree Digvijay Cements to submit financial documents following a complaint by ONGC alleging cartelisation. Dalmia Bharat is cooperating with authorities.

The Odisha government has reversed its decision to restrict HDFC Bank, ICICI Bank, and Axis Bank from handling state business. This decision follows assurances from the banks to Chief Minister Mohan Majhi on July 1, committing to improve their performance in priority sector lending and credit-to-deposit ratio.

Uday Kotak expressed concerns about the influence of money power in the stock market, emphasizing the need for capital formation and fair price discovery. He flagged the reliance on trading volumes over fundamentals in exchange and brokerage business models. This statement follows SEBI's action against Jane Street for market manipulation, highlighting concerns about market integrity.

Lenders of Jaiprakash Associates Limited declined Jaypee Infratech's resolution plan. Jaypee Infratech sought reconsideration, but creditors upheld their rejection. Five companies, including Adani Enterprises and Vedanta Group, submitted resolution plans to acquire Jaiprakash Associates Limited. The resolution professional presented a summary of these plans. Creditors are claiming Rupees 57,185 crore. National Asset Reconstruction Company Limited leads the claimants.

Hindustan Copper Limited (HCL) has transitioned its Malanjkhand mine to fully underground operations, aiming to triple production by 2030-31 to meet surging domestic demand fueled by AI and data centers. HCL has also partnered with Codelco of Chile to enhance exploration and operational capabilities. This expansion aligns with India's vision for industrial growth and self-sufficiency in copper production by 2047.

Whiteland Corporation has awarded construction contracts worth Rs 2000 crore to Kalpataru Projects International and Ahluwalia Contracts for its Westin Residences project in Gurugram. This 20-acre development, featuring 1,700 homes, marks the city's first branded residences. The project involves partnerships with global design firms and aims to deliver high-quality living standards.

Nitin Gadkari directs NHAI to explore new infrastructure links. These links aim to ease congestion in Central Delhi. The plan includes tunnels or elevated roads. These will connect Sarai Kale Khan and other key points to the INA–Nelson Mandela Marg corridor. This move addresses increased traffic from upcoming expressways. The goal is to improve traffic flow in Delhi.