Jaguar Land Rover Automotive plc (JLR), a wholly owned subsidiary of Tata Motors Passenger Vehicles , reported a decline in wholesale and retail sales for the first quarter of FY27 ended June 30, 2026. Wholesale volumes for Q1FY27 stood at 79,300 units, excluding the Chery Jaguar Land Rover China (CJLR) joint venture, down 9.20% y-o-y and a decline of 16.80 sequentially. Retail sales stood at 80,000 units, including CJLR, marking a 15.30 per cent drop year-on-year and a 13.80 per cent q-o-q.Varun Beverages has announced that its subsidiary, The Beverage Company Proprietary Limited (Bevco), has approved the merger of its step-down subsidiary, Twizza Proprietary Limited (Twizza). The merger aims to enable synergies of business operations and optimisation of operational cost. The transaction is subject to compliance with applicable laws in South Africa.Kothari Petrochemicals has informed the exchanges that its raw material supply has been restored to normal levels following government directions to refineries relaxing supply restrictions. The company stated that its operations are expected to continue normally as the temporary constraints arising from geopolitical situations in the Middle East have eased.Coal India increased coal supplies to the country’s power plants to 51.44 million tonnes in June FY27, registering a 5.9% growth over 48.57 million tonnes supplied in the corresponding month last year, driven by rising electricity demand in the peak summer season. The company recorded a 7.5% growth in its overall coal supplies during June FY27, reaching 65.8 million tonnes compared to 61.2 million tonnes in June of the previous year. Total coal supplies during Q1 FY27 stood at 197.7 million tonnes, up 3.5% from 191 million tonnes supplied during the corresponding period of the previous fiscal.Adar Poonawalla Family Office, through Rising Sun Holdings, has invested Rs. 700 crore in Inox Clean Energy, the integrated renewable energy platform of the INOXGFL Group, as the company gears up for its next phase of expansion across renewable power generation and solar manufacturing. Rising Sun Holdings will acquire a 1 per cent stake in Inox Clean, according to sources.Adani Enterprises Ltd on Thursday launched its ₹10,000-crore qualified institutional placement (QIP), setting a floor price of ₹3,034.68 per equity share for the issue, discount of 4.5 per cent from its Thursday’s closing price of ₹ 3,177.50, as the flagship Adani Group company looks to fund expansion projects, pare debt and pursue acquisitions.IRB Infrastructure Developers Ltd on Thursday said its sponsored platforms, IRB Infrastructure Trust and IRB InvIT, fund have executed a binding term sheet to transfer two build-operate-transfer (BOT) highway assets to IRB InvIT fund at an enterprise value of Rs 4,605 crore. IRB Infrastructure Developers in a statement said the board of directors of the investment managers of both entities have agreed to proceed with the deal at their respective board meetings on Thursday.Tata Steel is in discussion with the Dutch government to chalk out a plan for its transition project in the Netherlands as the company looks to meet relevant guidelines amid the challenges it faces due to tightened emission norms, the company’s Chairman N Chandrasekaran said on Thursday. Tata Steel owns a steel manufacturing plant at IJmuiden in the Netherlands with an annual installed capacity of around 7 million tonne. It has adopted a transformation programme to maximise production efficiencies, lower fixed costs and optimise product mix and margins at the facility, by installing low-carbon emitting steel processes.Panorama Studios International has executed an Licensing Agreement with Lumapix Creative Studios for the syndication of Non-Theatrical Rights for the entire world including India of the short Film titled ‘Floppy’ starring Shruti Hussain, Riyanki Barman, Prerana Barbarooah and others and directed by Aryan Sinha.Published on July 3, 2026