Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others.

#1. Adani in talks with sovereign fund in Middle East to raise $1 billion for airports business

The Adani Group is in advanced discussions with a Middle Eastern sovereign fund to raise up to $1 billion for its airports business, the Economic Times reported. The fundraising talks come as flagship Adani Enterprises, which also operates airports, launched a QIP to raise up to Rs 4,200 crore ($500 million).

Why it’s important: Adani entered the business in 2019 and has since become India’s largest private airports operator. After it builds the Navi Mumbai airport, it will serving 23 percent of India’s total passenger traffic. The airports biz could be independently listed by 2028 after it reaches a certain scale.

#2. Samsung may relocate to Andhra Pradesh as strike enters second month in Tamil Nadu factory

Sri City, a special economic zone in Andhra Pradesh, could be witnessing an opportunity next door as a strike at Samsung’s Sriperumbudur plant in Tamil Nadu, some 75 km away, entered the second month, the Business Standard reported. Officials from Sri City are said to have approached Samsung executives for an informal round of talks regarding a possible relocation of the plant.

Why it’s important: Sri City has seen increased activities since N Chandrababu Naidu took over the reins of Andhra Pradesh earlier this year. If worker unrest forces Samsung to relocate, it will provide another boost to the industrial city in Tirupati, which has received investment commitments of over Rs 3,700 crore.

#3. Quick commerce firm Blinkit to debut café feature, deliver beverages and snacks in 10 minutes

Blinkit is readying to debut a cafe feature to deliver snacks and beverages, attempting to expand its quick commerce play and realize parent Zomato’s 10-minute food delivery strategy while catching up with rivals, the Mint reported. The feature could be rolled out in a pilot mode in select cities sometime this month.

Why it’s important: Competition is heating up in quick commerce. Blinkit’s offering will compete with Zepto Café launched in 2022. Rival Swiggy has also launched a similar offering in select parts of Bengaluru.

#4. India’s mobile phone needs could be sourced entirely from within country by April next year

India may start sourcing its entire mobile phone needs domestically by the end of the current financial year, with Apple manufacturing of iPhone models and Google producing its Pixel handsets in the country, the Economic Times reported. Samsung already makes all its devices in India. In volume terms, 99 percent of mobile phones are made locally, and the remaining 1 percent will be filled by domestic suppliers soon.

Why it’s important: The surge in local manufacturing that includes premium handsets has significantly reduced the need for imports. It also stands testimony to the the success of smartphone production-linked incentive of the central government.

#5. Order on Google by antitrust watchdog on news publishing to provide regulatory clarity

The Competition Commission of India is set to deliver its findings after a two-year probe into complaints from digital news publishers against Google that claimed they are not getting their fair share of advertisement revenue, the Mint reported. The report by its director general of Investigation will throw light on whether Google abused its market dominance to disadvantage news publishers.

Why it’s important: The development comes at a time when the government is considering a new law to ensure fair transactions between Big Tech and news publishers, taking cues from Australia and other nations that want companies such as Google and Meta to pay for using such content on their platforms.

#6. FTSE Russell to add India’s sovereign bonds to emerging markets index from September 2025

FTSE Russell has added India to the FTSE Emerging Markets Government Bond Index with effect from September 2025, the Hindu Businessline reported. Government securities yields softened on expectation of their inclusion in the gauge and possibility of the Reserve Bank’s rate-setting panel voting for a change in the monetary policy stance.

Why it’s important: The move comes after the inclusion of Indian treasury bonds in a JPMorgan Chase index in June. India’s inclusion in global bond indices will help in supplementing the balance of payments surplus while ensuring incremental Indianization of global hot money.

#7. Budget carrier SpiceJet settles $132 million dispute with aircraft leasing company BBAM
Low-cost airline SpiceJet has resolved its dispute with aircraft lessor BBAM through an amicable settlement, the Economic Times reported. As part of the resolution, the firm will withdraw its insolvency petition against the airline. This settlement with BBAM allows SpiceJet to significantly reduce it liabilities.

Why it’s important: The settlement comes after the distressed airline raised Rs 3,000 crore through a qualified institutional placement, giving it a lifeline to grapple with a severe financial crisis.

#8. Top consumer authority weighs class action against Ola Electric on heightened complaints

The federal government has stepped into the wrangle over Ola Electric’s product and service quality after the country’s apex consumer protection authority sent a show-cause notice to the company citing mounting customer complaints, the Mint reported. The Central Consumer Protection Authority has decided to pursue class action against Ola Electric following thousands of unresolved complaints lodged with the National Consumer Helpline.

Why it’s important: If the consumer authority finds merit in the charges against Ola Electric, the scooter maker could potentially risk losing government subsidies that would severely harm its business prospects.

#9. Edtech startup Physics Wallah in talks with investment banks for initial public offering

The two founders of edtech company Physics Wallah are in discussions with investment bankers after closing a funding round of $210 million, as they prepare for an initial public offering, the Business Standard reported. The talks are in preliminary stages. The firm is eyeing a potential issue size of $400-500 million.

Why it’s important: If it does launch an IPO, Physics Wallah will become India’s first publicly listed edtech company when its IPO is done. It comes at a time when Byju’s, once India’s most valuable startup, is struggling to survive as a viable business.

#10. India’s apparel companies see significant uptick in demand in early festive sale trends

The country’s apparel firms have begun seeing an uptick in sales as per early festival shopping trends, the Hindu Businessline reported. Demand has picked up across both online as well as offline channels for festival, occasion-wear, athleisure and sportswear collections in the past few days, some brands said.

Why it’s important: After seeing muted demand in the past few months, the apparel industry is hoping to garner double-digit sales growth during the ongoing festival season. Consumer sentiment seems to have turned positive.