23/05/2026
*News Headlines from Business News Agencies:*
*Business Standard*
π RBI injects βΉ81,590 cr liquidity into banking system via VRR auction
π Computer maker Lenovo India revenue grows 23% to Rs 37,400 crore in FY26
π India faces power cuts as heatwave drives record electricity demand
π Godrej Properties ties up with Tata Projects for contracts worth βΉ1,100 cr
π Snabbit expands into beauty services with quick salon-at-home offering
π Challenging year for Sun Pharma in US as FY26 revenue falls 0.9%
π Gold trajectory remains oil-sensitive amid geopolitical tensions
π Colgate-Palmolive India Q4 profit flat amid GST-related charge impact
π Intermediary-led model keeps insurance costs elevated: Praxis Global
π Sebi allows employees to WFH, advises departments to defer conclaves
π Centre extends tenure of NCB chief Anurag Garg till July next year
*Economic Times
π Indiaβs forex reserves fall by $8.09 bn to $688.89 bn as of May 15
π Smartphone volumes may dip 5-7% in FY27; industry value to grow 8-10% amid higher device costs: ICEA
π S&P flags pressure on Indian Oil as high crude prices squeeze margins
π StanChart CEO apologises for 'upset caused' by AI comments
π Invisalign maker Align Technology to invest Rs 1,800 crore in Hyderabad plant
π JPMorgan rolls out AI tools in investment banking globally, senior banker says
π Honda to roll out over 10 new vehicles in India, including EVs and Hybrids
π GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savings
π Retail health premium growth rises to 31% YoY in April 2026: Kotak Institutional Securities
π Eicher Motors forays into financial services with Volvo Group, board approves Rs 750-cr investment
π Transformers and Rectifiers bags Rs 228.26 cr order from Gujarat Energy Transmission Corporation
*Mint*
π RBI to transfer βΉ2.87 lakh crore dividend to the central government for FY26
π RVNL bags order from NMDC, West Central Railways worth over βΉ1000 crore
π Delhi HC shields IndiGo from βΉ458-cr GST over engine compensation dispute
π Tata Motors broadens global ambitions with Stellantis partnership
π Centre places Pregabalin under Schedule H1 to curb recreational abuse
π Delhi HC shields IndiGo from βΉ458-cr GST over engine compensation dispute
π Sun Pharma Q4 results 2026: Profit jumps 26% YoY to βΉ2,714 crore
π SBI Mutual Fund raises stake in Bandhan Bank
π LTM buys Randstad's Europe, Australia units in first acquisition since merger