NEW DELHI: India’s largest power generator NTPC saw output jump 7.5% in the first quarter of the current financial year on the back of manufacturing activity growing at the strongest pace in June.

Coal India matched the demand-driven generation by pushing up fuel supplies to power stations by15.4% during the April-June period, backed by a 15% growth in loading of rakes and a similar pace of production increase.

In the battle for the first company to reach and sustain $1 trillion in stock market value, don’t count out a come-from-behind victory.

Apple Inc. has had a lock on its spot as the world’s most valuable public company by stock value for several years, and we’ve been waiting for it to crest the $1 trillion market cap milestone. The company inched within $50 billion of that mark in early June before its share price retreated a bit.

Last week, Tata Motors Ltd’s UK subsidiary Jaguar Land Rover Plc (JLR) in its first “Investors Day” spelt out its ongoing strategy to shift towards the new electric mobility platform, reduce the diesel vehicle component in overall sales and drive margins through efficiency. The efforts, however, failed to fire the parent firm’s stock. On the contrary, the Trump-led rumpus about trade wars precipitated the weakness in investor sentiment for Tata Motors Ltd.

Kolkata-based conglomerate ITC plans will explore every possible consumer category and launch 30-40 new products each year in its effort to become the country's biggest fast-moving consumer goods (FMCG) company, a company executive said.

“To achieve our revenue target of Rs 1 lakh crore by 2030 from the new FMCG businesses, we are strengthening our existing categories and venturing into newer ones,” B Sumant, president of the FMCG business, told ET in an interview at ITC’s Virginia House headquarters in Kolkata.

Overnight rains in Mumbai and adjoining areas on Tuesday led to the usual chaos of delayed trains, water-logged roads in several low-lying areas resulting in slow movement of vehicular traffic on Tuesday Morning.

Services of local trains were affected on Western line as a part of a railway's Foot Over Bridge (FOB) collapsed in Andheri.

The Supreme Court on Monday sought a response from the Centre on a plea alleging that the recent amendments to the Foreign Contribution Regulation Act, 2010 have opened the doors to unlimited political donations from foreign firms.

A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud issued a notice to the Union Ministry of Home Affairs on the plea filed by the Association for Democratic Reforms and others and tagged it with other similar pending petitions.

In a move set to boost India-China trade, the government on Monday announced the slashing of import duties on as many as 3,142 items from China and 5 other nations from the Asia Pacific, days after Beijing had done the same for more than 8500 items.

The reduction in tariff by both nations are part of their commitments to liberalise trade further through the Asia Pacific Trade Agreemment (APTA) and will be in effect from July 1.

The Madras High Court has ordered the Telecom Regulatory Authority of India (Trai) to re-do the charges it has fixed on the access facilitation and others, as its assessment of factors to arrive at these charges lack transparency. The telecom regulator has to arrive at new charges in six months, ensuring transparency. The order was issued in appeals filed by Tata Communications and Bharti Airtel against a single judge order, which upheld the Trai’s decision on the tariff. The matter pertains to a complex technology and technical equipments by which various communication service providers in India are linked to the rest of the world by way of submarine fibre cables, which run beneath the sea.

On Air India's disinvestment, Prime Minister Narendra Modi has said his government doesn’t want to be accused of selling something cheaply.

In an interview to Swarajya magazine, Modi said he disagreed with the perception that his government had been half-hearted at divesting from public sector entities. He said it had undertaken “significant disinvestment”.

The Securities and Exchange Board of India (Sebi) has issued a directive to ICICI Prudential Mutual Fund (MF) for allegedly violating the MF code of conduct by making a large investment in the initial public offering (IPO) of its group firm ICICI Securities. The investment allowed the IPO to meet a minimum subscription requirement, without which it would have failed.

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