To get your dose of daily business news, tune into Mint Top of the Morning on Mint Podcasts available on all audio streaming platforms.⁠https://open.spotify.com/show/7x8Nv1RlOKyMV5IftIJwP1?si=bf5ecbaedd8f4ddc⁠

Bajaj Finance: Four Reasons to Cheer

Bajaj Finance delighted shareholders with a ₹56 dividend bonanza, a 1:2 stock split, and a 4:1 bonus share issue. The ₹44 final dividend and ₹12 special dividend come on the back of its Bajaj Housing Finance IPO. Financially, Bajaj Finance posted a 16% jump in net profit at ₹3,940 crore and a 21% rise in net interest income. Assets under management grew 26% to over ₹3 lakh crore, with stable asset quality. The company’s AGM is scheduled for July 24, and shares are already on a strong upward run.

Infosys Trims Trainees, Plans Big Fresh Hiring

Infosys laid off another 195 trainees in Mysuru after multiple failed assessment attempts, pushing total layoffs to around 800 since February. While it hasn’t confirmed the layoffs publicly, Infosys is offering free upskilling programs via UpGrad and NIIT, along with a month’s pay and relocation allowances. Interestingly, even as it trims entry-level staff, Infosys plans to hire over 20,000 freshers in FY26. Shares rose slightly post-results, signaling investor confidence.

ALTERRA Bets Big on India’s Green Energy

ALTERRA, the world’s largest private climate fund, invested $100 million into Mumbai-based Evren to power up renewable projects in Rajasthan and Andhra Pradesh. Backed by Brookfield’s Global Transition Fund II, Evren plans to develop up to 11 GW of solar, wind, and battery capacity. ALTERRA’s move marks its first direct investment in the Global South. With India targeting 500 GW of non-fossil power by 2030, and green investments projected to quintuple to ₹31 trillion, the clean energy race is heating up.

UltraTech Cement: Bigger, Leaner, Faster

UltraTech Cement is gearing up for double-digit volume growth in FY26, outpacing the industry’s 7–8% growth forecast. After a muted start due to heatwaves and a real estate slowdown, demand is expected to bounce back. Recent acquisitions—India Cements and Kesoram—are showing early wins, with India Cements hitting EBITDA break-even. UltraTech’s capacity is set to jump to 210.5 million tonnes by FY27, boosting its market share to 27%. Shares recently hit a 52-week high, gaining 19% over the past year.

Maritime Push: ₹25,000 Crore Fund Cleared

India’s shipbuilding ambitions just got a ₹25,000-crore boost with the clearance of the Maritime Development Fund (MDF) for FY26. The Centre will contribute around ₹12,250 crore, with major ports and global funds funding the rest. MDF will offer long-term loans and equity support for shipbuilding, port modernization, cruise tourism, and inland waterways. Experts see huge potential for India to grab market share from China, South Korea, and Japan, especially as global trade dynamics shift. Cabinet approval is expected soon.

Are you worried about the market crash and market volatility?

Do you want to know the secrets to handling market fluctuations and creating wealth in the long term?

In this episode of Stirring Up Economics, Ajay Lakhotia & Srinivas Jain, Executive Director & Head of Strategy at SBI Funds Management share their expert insights on investment strategies that work in a volatile stock market.

Learn how to manage market volatility like a pro, why quality, patience, and simplicity are the key ingredients to financial success, and why India's $10 trillion economy is your next big opportunity.

This episode we talk about- How to avoid panic selling How to focus on building wealth through a disciplined approach to equity research and mutual fund SIPs. Why IPOS aren't just a fast flipWhether you are a beginner or a stock market pro, this video will give you practical tips on how to build wealth and earn money in the stock market. So, watch their full conversation to avoid any investing mistakes amid market volatility.

Watch the full episode on YouTube- https://www.youtube.com/watch?v=iAKSooNnBWo

After India decided to put the Indus Waters Treaty in abeyance, the panic-stricken Pakistani establishment has been making provocative statements. Recently, Pakistan's Minister for Railways, Muhammad Hanif Abbasi, issued a direct 'nuclear' threat to India. His statement was made around the same time Bilawal Bhutto declared, “I want to tell India that the Indus is ours and will remain ours. Either our water will flow through it, or their blood will.”In this interview, Shishir Gupta, Executive Editor, Hindustan Times, while talking to Abhishek Singh, Deputy Editor, Mint argues that the comments of the two ministers are proof that Pakistan is scared of India's retaliation for the Pahalgam massacre. He reveals how India has evolved militarily since the Balakot strike in 2019. He explains why India can make a big dent on Pakistan with its strikes and also has air defence systems that can easily neutralise any Pakistani missile. Watch the full episode on YouTube-https://www.youtube.com/watch?v=FJbqx8cwC9k