India’s Enforcement Directorate issued a provisional order attaching assets worth Rs 1,021 crore linked to Reliance Power, including equity shares held by Reliance Infrastructure and certain receivables from Sasan Power and Reliance Power. The action is part of a money-laundering probe under the Prevention of Money Laundering Act. It follows a CBI FIR involving Reliance Home Finance Limited and Reliance Commercial Finance Limited. The move is a regulatory enforcement measure that directly affects assets tied to Reliance Power and may influence assessments of its balance sheet, shareholder interests and debt-servicing capacity.

Orchid Pharma’s merger scheme with Dhanuka Laboratories became effective on July 10, 2026, resulting in Dhanuka Laboratories being dissolved and all its assets, liabilities and business transferring to Orchid Pharma. Following the amalgamation, Orchid Pharma’s authorized share capital increased to ₹164,51,00,000 and the company set July 23 as the record date for issuing shares under a 161:5 exchange ratio (face value ₹10:₹100). Orchid Pharma also said it has signed an exclusive supply agreement with Russia’s Pharmasyntez for Exblifep, with a potential value of USD 178 million.

Maharashtra’s off-budget guaranteed liabilities totalled ₹1.81 lakh crore as of March 31, 2026, accounting for 16.4% of its estimated debt stock. The Comptroller and Auditor General criticised reliance on borrowings outside the budget, saying it understates the state’s true debt and fiscal deficit and reduces transparency. Two cooperative sugar factories controlled by politicians received government-backed loans totalling ₹139.88 crore. The state’s debt-to-GSDP ratio has moved beyond the FRBM ceiling of 25%, raising concerns over fiscal sustainability.

Empery Digital shares rose after the company said it sold 1,400 Bitcoin over roughly the past two months at an average price of $62,200, raising about $87.1 million, according to an 8-K filing with the U.S. Securities and Exchange Commission. The company said it used the proceeds to fund a 25% stake in a venture tied to an AI data center project and to repay $10 million of outstanding debt. The sale cut Empery’s Bitcoin holdings by 48% to 1,514 BTC, which it valued at around $97 million based on prevailing market prices.

Samsung Electronics plans to begin operations at the first semiconductor fabrication plant in its Yongin chip cluster in 2029, bringing the start date forward by one to two years. The move is tied to the government’s faster development of the Yongin National Industrial Complex, which is intended to become the company’s next-generation semiconductor manufacturing hub, according to industry sources. Samsung has said it plans to invest 2,030 trillion won ($1.35 trillion) in its Pyeongtaek and Yongin semiconductor clusters and 400 trillion won to build two new chip plants in Gwangju.

Pakistan has raised the general sales tax (GST) on hybrid electric vehicles (HEVs) to 25% from 8.5%, prompting local assemblers to increase prices immediately. Toyota and Honda lifted prices on models including the Corolla Cross HEV and HR-Ve by more than Rs1.3 million, while other makers paused HEV invoicing and deliveries. The moves come as the 2026–31 Auto Policy has yet to be notified, creating uncertainty after the previous regime expired.

Samsung Electronics said it has started mass production of the PM1763 enterprise SSD for AI data centers, built on the PCIe 6.0 interface and slated for use in Nvidia Corp’s upcoming Vera Rubin AI platform. The 16TB model delivers sequential read speeds of up to 28,400 MB/s and write speeds of up to 21,900 MB/s, and the drive will be offered in 4TB, 8TB and 16TB capacities. Samsung also said the PM1763 improves power efficiency by more than 1.8 times versus the prior generation and supports liquid-cooled server environments, while adding encryption aimed at future quantum-computing threats.

W. P. Carey issued US$346.55 million of senior unsecured fixed-rate notes with a 5.200% coupon in late June 2026, maturing on Sept. 15, 2036. The financing was described as routine capital management to support reinvestment into industrial net-lease assets. The write-up did not cite earnings revisions, major lease changes, regulatory action, or urgent refinancing pressure, framing the deal as part of an existing capital plan.