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Renault clarifies ownership of Chennai manufacturing facility

Renault clarifies ownership of Chennai manufacturing facility

Renault Group has clarified that its manufacturing facility in Chennai has been fully owned by the company since September 2025, urging stakeholders and the media to refer to the plant accurately in future communications. The company said the facility, which manufactures vehicles for both Renault and Nissan, continues to be occasionally described as the "Nissan plant" or "Nissan factory". However, Renault stated that such references are no longer factually correct as the Chennai manufacturing facility is now a Renault-owned plant. According to the company, the facility produces vehicles for both Renault and Nissan for the domestic market as well as…
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KMSS Alleges ‘Man-Made’ Floods in Upper Assam, Seeks CBI Probe; Nepalikhuti Residents Demand Long-Term Protection

KMSS Alleges ‘Man-Made’ Floods in Upper Assam, Seeks CBI Probe; Nepalikhuti Residents Demand Long-Term Protection

The Krishak Mukti Sangram Samiti (KMSS) has alleged that the devastating floods in Upper Assam were not entirely the result of natural factors, claiming that illegal coal and stone mining, allegedly backed by political influence, contributed to the disaster. The peasant organisation has demanded a CBI investigation into the alleged nexus. Addressing a press conference in Guwahati KMSS general secretary Bidyut Saikia said the latest flooding could not be attributed only to cloudbursts or water flowing in from neighbouring states. Saikia alleged that extensive illegal open-cast mining in the hill areas bordering Meghalaya, Nagaland and Arunachal Pradesh had created large…
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Banks Step Up Foreign Currency Deposit Drive as RBI Swap Scheme Nears Deadline

Banks Step Up Foreign Currency Deposit Drive as RBI Swap Scheme Nears Deadline

HDFC Bank, India’s largest private sector lender, has increased the interest rate on its three- to five-year Foreign Currency Non-Resident (Bank) [FCNR(B)] dollar deposits by 25 basis points to 6.25 per cent from 6 per cent. The revised rate came into effect from August 1 as banks step up efforts to attract foreign currency deposits under the Reserve Bank of India’s (RBI) concessional swap scheme. The rate hike comes at a time when the RBI’s special swap window is entering its final two months, a period expected to witness increased mobilisation of FCNR(B) deposits. Banks are focusing on attracting overseas…
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Indian Benchmarks Flatline as Investors Await Upcoming RBI Interest Rate Decision

Indian Benchmarks Flatline as Investors Await Upcoming RBI Interest Rate Decision

Indian equity markets opened on a subdued note, with both the BSE Sensex and NSE Nifty 50 moving in a narrow range as market participants preferred to remain on the sidelines ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee decision. Benchmark indices showed minimal variation in morning trade, reflecting a cautious consensus across domestic brokerage desks and institutional investors. Broader sectoral activity presented a mixed picture, with defensive pockets offering modest support while rate-sensitive banking and real estate shares experienced range-bound trading as traders awaited clear policy signals regarding key interest rates. Economists and market analysts widely…
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FSSAI Restricts Sale of Dabur Products with ‘100%’ Claim Over Advertising Rule Violations

FSSAI Restricts Sale of Dabur Products with ‘100%’ Claim Over Advertising Rule Violations

The Food Safety and Standards Authority of India (FSSAI) has issued a prohibition order against Dabur India Ltd, directing the FMCG company to immediately stop the sale of several food products carrying allegedly misleading ‘100%’ claims. The action covers products including honey, apple cider vinegar, virgin coconut oil, sesame oil, cow ghee, coconut water and coconut milk, which were marketed on Dabur’s website with claims such as ‘100% Natural’, ‘100% Pure’, ‘100% Purity Guaranteed’, ‘100% Organic’ and ‘100% Tender Coconut Water’. According to FSSAI, these claims violate the Food Safety and Standards (Advertising and Claims) Regulations, 2018. The regulator stated…
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Tata Salt tops laboratory purity test among 100 salt brands

Tata Salt tops laboratory purity test among 100 salt brands

Tata Salt has said it continues to strengthen its position in India's iodized salt market after a laboratory test found it to have the highest purity among 100 salt samples tested, while also meeting mandated iodine standards. The company said the findings reinforce its position as a trusted choice for households seeking both purity and nutritional quality. According to Tata Salt, the laboratory validation highlights the brand's continued focus on maintaining stringent quality standards and ensuring adequate iodine levels in every pack. The company said its products undergo rigorous testing against internal quality benchmarks as well as regulatory requirements to…
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Teen Genius Becomes World’s Youngest Male Professor at 18

Teen Genius Becomes World’s Youngest Male Professor at 18

At 18 years and 346 days, Nathan Thomas became the youngest male professor surpassing a record held for 306 years. He teaches engineering at Miami Dade College, where many students are close to his age. Nathan started his academic journey at 10, completing degrees in Electrical Engineering by 14. He began teaching in August 2023, emphasizing curiosity and commitment to learning regardless of age. Influenced by his engineering family, especially his mother, he enjoys helping students understand complex concepts. Nathan Thomas is also pursuing a Juris Doctor degree at the University of Miami, focusing on intellectual property law, believing that…
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Dabur Products Face Food Regulator’s Scrutiny Over Online Label Marketing

Dabur Products Face Food Regulator’s Scrutiny Over Online Label Marketing

The FSSAI has instructed Dabur India to stop selling certain food products, including honey and cow ghee, due to misleading 100% claims. This ruling is based on concerns that terms like 100% Natural and 100 % Organic violate the Food Safety and Standards Regulations, 2018. While the products are not deemed unsafe, the focus is on the misleading nature of the labeling. The regulator had previously cautioned food businesses against using ambiguous 100 % claims, which may confuse consumers. FSSAI noted that Dabur Himalayan Organic Apple Cider Vinegar and Dabur Organic Honey were using the Jaivik Bharat logo without valid…
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Imperial Blue Packaged Drinking Water becomes title sponsor of Assam Premier League

Imperial Blue Packaged Drinking Water becomes title sponsor of Assam Premier League

Tilaknagar Industries Limited (TI) has announced that Imperial Blue Packaged Drinking Water will be the title sponsor of the inaugural Assam Premier League (APL), with the tournament set to be officially known as the Imperial Blue Packaged Drinking Water Assam Premier League. The franchise-based T20 tournament will be held from August 1 to August 23, 2026, at the ACA Stadium in Guwahati. Organised by the Assam Cricket Association (ACA), the league will feature eight franchises, 43 matches, and showcase cricketing talent from across Assam. With two matches scheduled daily, the tournament aims to provide emerging players with a competitive platform…
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TVS Motor records highest-ever monthly sales of 6.30 lakh units in July

TVS Motor records highest-ever monthly sales of 6.30 lakh units in July

TVS Motor Company on Monday reported its highest-ever monthly sales, registering 6,29,675 units in July 2026, marking a 38 per cent increase over 4,56,350 units sold during the corresponding month last year. The company also achieved record monthly sales across its international business, electric two-wheelers and three-wheeler segments. According to the company, total two-wheeler sales rose 38 per cent to 6,03,138 units in July 2026 from 4,38,790 units in July 2025. Domestic two-wheeler sales recorded a stronger 42 per cent growth, increasing to 4,37,394 units compared to 3,08,720 units in the same period last year. The electric vehicle segment witnessed…
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