A new report reveals that companies with more women leaders have higher profits. However, women are underrepresented in key roles. Most companies lack women in important positions. The report highlights an 'hourglass effect,' with fewer women in mid-management. Experts urge companies to focus on meaningful participation. They suggest mentorship and flexible work options.

Smartworks Coworking Spaces is set to launch its IPO on July 10. The company aims to raise approximately Rs 600 crore. This fund will support business expansion and debt reduction. The IPO price band is fixed at Rs 387-407 per share. The company plans to use the raised capital for new centers and loan repayments.

India's share in the global market capitalisation rose to 4 per cent in June 2025, recovering from a 16-month low of 3.6 per cent in February 2025, according to a report by Motilal Oswal Financial Services.

Relentless Ventures and angel investors, including Urban Company cofounders Abhiraj Singh Bahl and Varun Khaitan, Zomato CFO Akshant Goyal, Mamaearth cofounder Varun Alagh, PayU senior vice president Vineet Sethi, and Aditya Sharma, partner at McKinsey, participated in the round. The fresh money will be used to acquire regulatory licences, build the product suite, and invest in marketing and geographic expansion.

The retail asset securitisation market in India has shown steady growth in the first quarter (Q1) of FY26, with a total transaction volume of Rs 52,000 crore, a new report said on Wednesday.

India's IPO market is gearing up for a strong second half with Tata Capital, LG Electronics India, NSDL, and others set to hit Dalal Street. Over 70 firms have SEBI approval, signalling robust investor appetite and a packed primary market calendar ahead.

Sebi may shift to fortnightly index options expiry to curb rising volumes and expiry-day manipulation, following the Jane Street fallout. Despite curbs, turnover remains high. A decision will hinge on near-term data. Regulatory scrutiny has already impacted related stocks.

The administration initiated an investigation into the pharmaceutical industry, citing national security concerns over reliance on foreign drug production. Drugmakers expressed concerns about potential shortages and reduced patient access, advocating for phased implementation to mitigate the impact.

The manufacturing unit will be set up in India, backed by a multi-million-euro investment.

A new Pearson VUE report shows IT certifications are accelerating career growth, with 63% of certified professionals gaining or expecting promotions and 32% receiving salary increases. In the UAE, where demand for AI, cloud, and cybersecurity talent is high, certifications are becoming essential for hiring, retention, and workforce innovation.

Wipro Consumer Care & Lighting experienced a 3.5% revenue increase, reaching Rs 10,600 crore in 2024-25, despite inflation and weak consumer sentiment impacting demand. While China faced significant declines, India saw muted growth due to the economic environment and election delays. Santoor sales exceeded Rs 2,750 crore, and Yardley India continues its strong performance, reaching Rs 300 crore.

India Inc.’s dealmaking activity slowed in Q2 2025, with values plunging 48% quarter-on-quarter amid global geopolitical and economic uncertainties, according to Grant Thornton Bharat. The quarter's M&A activity remained subdued with a single one billion-dollar deal, while private equity remained relatively resilient and public markets showed signs of revival in June. Banking and infrastructure led in deal value, as experts remain optimistic about a pickup in H2, driven by India’s strong fundamentals and investor interest in high-growth sectors.

"In India, more than three out of every five trips are now on two-wheelers or three-wheelers," Prabhjeet Singh, president, Uber India and South Asia told ET.

The court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10,000 for each day he remains in contempt of the orders,” it said. In American legal parlance, the term ‘discovery’ refers to the process by which parties obtain evidence and information from the other party.

A nationwide Bharat Bandh, called by trade unions and farmer groups, disrupted key sectors like banking, transport, and power. Over 25 crore workers protested against government policies, impacting banking operations significantly, especially in Gujarat. Transport networks faced blockades and delays in several states, while the power sector saw participation from 27 lakh workers.

The Competition Commission of India (CCI) approved the acquisition of wealth and lending units of UBS AG by 360 ONE Group entities.

The Central Board of Direct Taxes (CBDT) has significantly ramped up its recovery efforts, collecting ₹20,000 crore in outstanding dues in the first quarter of this fiscal year, nearly double the amount recovered in the same period last year. With a target of ₹1.

Pharma lobby groups are urging for changes to the centralized no-objection certification (NOC) for drug exports due to a significant export decline. The requirement for approvals from importing countries or Indian regulators has increased trade diversions. Industry experts are calling for a review of the provision, citing burdens on exporters and potential stifling of innovation, especially for MSMEs.

As ICAI moves towards lifting its decades-old ban on advertising by CAs—a development confirmed to ETCFO—a bigger question is surfacing: Does India’s accounting profession need a complete overhaul to build globally competitive homegrown firms? While experts call the branding push a “step in the right direction,” they warn that without deeper reforms—such as revamping 75-year-old regulations, enabling firm mergers, and allowing greater operational freedom—India’s ambition to create its own accounting giants may remain elusive.

The announcement follows a brief extension of the 'liberation day' tariffs until August 1. According to Trump, letters have been sent and will continue to be sent, emphasizing that tariffs are due starting August 1, 2025, with no exceptions.