Grasim Industries said its 71%-owned unit, Aditya Birla Renewables, will acquire Solenergi Power, Shell’s renewables arm in India, at an enterprise value of ₹17,200 crore. The transaction would expand Aditya Birla Renewables’ portfolio from 4.4 GW to 9.4 GW of renewable capacity. Grasim said the deal will be financed through a mix of debt, an equity infusion from Grasim, and investment from Global Infrastructure Partners (GIP), a wholly owned subsidiary of BlackRock.

Autonomix Medical (NASDAQ: AMIX) said it has entered into a warrant inducement agreement with an investor for the immediate exercise of 428,731 outstanding warrants at an amended exercise price of $6.00 per share. The company expects gross proceeds of approximately $2.6 million in cash and will issue two sets of new warrants totaling 428,731 shares each with a $5.75 exercise price and a 5.5-year term. The transaction is expected to close on or about July 15, 2026, and the related shares are registered or the company has agreed to file a registration statement for resale. Autonomix is a preclinical-stage neurointerventional medical device company whose technology has not yet been cleared for marketing in the United States.

Major global banks including Goldman Sachs, Jefferies and BNP Paribas say foreign investors have been net buyers of Indian equities for four straight weeks, with buying concentrated in large caps such as banks. The Nifty 50 is down about 7% this year, while large caps trade at a 25% discount to small caps versus a five-year average of 6%. The firms argue large caps look more attractively valued, offer better earnings visibility and could be the first beneficiaries as overseas money returns.

State Bank of India expects a one-off gain of about ₹13,655 crore from reducing its stake in SBI Funds Management and selling shares in the National Stock Exchange. The proceeds are set to flow through other income, boosting net worth and adding roughly 27–30 basis points to the bank’s capital adequacy ratio. The stronger capital buffer could help SBI increase expected credit loss (ECL) provisions and support loan growth. SBI’s capital adequacy ratio currently stands at 15.40%, above regulatory requirements.

Several Thai brokerages have raised their targets for the Stock Exchange of Thailand (SET) index, with the most bullish calling for 1,730 points, citing improving corporate earnings and stronger economic momentum. They also point to renewed foreign buying, with 28 billion baht in month-to-date net inflows, and a Constitutional Court ruling that the government’s 400 billion baht emergency loan decree was lawful. The SET trades at about 17 times projected 2026 earnings, or 13.1 times excluding Delta Electronics (Thailand), and offers an estimated 2026 dividend yield of 3.6%, above the MSCI ACWI average.

Nigeria’s foreign-exchange reserves have climbed above $51bn, strengthening expectations that the naira will remain more stable. A 26.5 per cent policy rate and short-term Treasury bill yields of 16 per cent to 19 per cent have also helped draw foreign investors back toward the official FX market. Structural steps, including tighter oversight of Bureau de Change operators and progress in clearing legacy dollar payment backlogs, have reinforced market confidence. Analysts expect the naira to trade in a N1,320 to N1,420/$ range for most of the second half of the year, with faster non-oil exports potentially supporting additional gains by year-end.

Thailand’s Energy Regulatory Commission (ERC) has proposed raising the fuel tariff (Ft) to 0.94 baht per kilowatthour from 0.16 baht per kilowatthour, a near fivefold increase that would lift overall electricity prices. The new rate is slated to take effect from September, while the current 3.95 baht per unit tariff will remain through the end of August. The ERC cited an 8% increase in the projected Pool Gas price to 375 baht/mmBtu and the need to gradually repay the Electricity Generating Authority of Thailand (EGAT) for 31.2 billion baht in subsidy-related debt. Public consultation is open until July 20.

Chile’s copper exports totaled US$30.236bn in the first half of 2026, up 11.5% from the same period in 2025, supported by an average price of US$5.94 per pound. Mining shipments reached US$36.888bn and made up 61.1% of total exports, a 20.4% year-on-year increase, according to a foreign affairs ministry report. At the same time, copper output declined, with the mining component of the Monthly Economic Activity Index (Imacec) falling 11.6% year on year in May. The drop reflects issues including lower ore grades, water shortages, unplanned maintenance, processing transitions and rising labor disputes that have affected major mines such as Escondida and Collahuasi.