Adani Enterprises to partner MetTube for copper tubes business

IANS | July 24, 2025 8:14 PM

New Delhi, 24 July (IANS) Adani Enterprises Limited (AEL) announced on Thursday that it is divesting a 50 per cent share in its Kutch Copper Tubes Ltd. subsidiary to MetTube and concurrently acquiring a 50 per cent stake in MetTube Copper India Pvt. Ltd. to form a joint venture to produce copper tubes that will significantly reduce the country’s dependence on imports.

Industry leaders hail game changing India-UK free trade agreement

IANS | July 24, 2025 5:53 PM

New Delhi, July 24 (IANS) Prime Minister Narendra Modi and his British counterpart Keir Starmer signed the eagerly-anticipated Free Trade Agreement (FTA) on Thursday, marking a significant milestone in the trade and economic relations between India and the UK.

SBI Life clocks 14 pc jump in Q1 net profit

IANS | July 24, 2025 5:47 PM

Mumbai, July 24 (IANS) SBI Life Insurance Company on Thursday reported a 14 per cent year-on-year (YoY) rise in its net profit for the June quarter (Q1 FY26), with profit increasing to Rs 594 crore compared to Rs 520 crore in the same quarter previous year.

India-UK FTA not just economic partnership but blueprint for shared prosperity: PM Modi

IANS | July 24, 2025 5:45 PM

London, July 24 (IANS) Terming the signing of the Free Trade Agreement (FTA) between India and the UK as "historic", Prime Minister Narendra Modi on Thursday said that the pact is not just economic partnership but also a blueprint for shared prosperity. He stated that India and the UK have also reached a consensus on double contribution convention.