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You can now use PhonePe for payments on feature phones
PhonePe has launched a new service, UPI 123Pay, to enable feature phone users to make Unified Payments Interface (UPI) payments without an internet connection.
India's ISM 2.0 gets 1.27L/cr budget, expected 5-7L/cr investment
India's revamped semiconductor incentive scheme, ISM 2.0, could attract ₹5-7 lakh crore in investments, bolstered by expanded scope and advanced technology initiatives.
NVIDIA invests $3.5 billion in MediaTek to expand AI partnership
Nvidia's $3.5 billion investment in MediaTek convertible bonds strengthens their AI collaboration, focusing on custom computing platforms, automotive systems, and AI-enabled PCs.
Mahindra Aerostructures wins Airbus contract for A320neo and A321XLR sections
Mahindra Aerostructures will manufacture fuselage skins for Airbus A320neo and A321XLR aircraft, with production at its Bengaluru facility and delivery slated for 2028.
E2E Networks signs 1000cr deal to supply NVIDIA Blackwell GPUs
E2E Networks has signed a ₹1,000 crore term sheet with an Indian sovereign AI company to provide NVIDIA Blackwell cloud GPUs and allied services until June 2029.
India GFCF surges 11.9% in Q1FY27, fastest over 3 years
India's gross fixed capital formation (GFCF) rose 11.9% year-on-year in Q1FY27, driven by robust public and private sector investments, marking the highest growth in 13 quarters.
Myntra showcases AI, Glamstream and M-Now at Tech Threads 2026
Myntra Tech Threads 2026 united top brands, creators, and tech leaders to redefine India’s fashion, beauty, and lifestyle commerce through cutting-edge innovations.
Skyways Air Services IPO Tuesday likely to open 22%-26% higher
Skyways Air Services shares are expected to list at a 22-26% premium over their IPO price tomorrow, following robust demand with the IPO subscribed 71.25 times.
Michael Saylor's strategy buys 4,603 bitcoin for $369.7 million Monday
Strategy, led by Michael Saylor, acquired 4,603 bitcoin worth $369.7 million last week, marking its first purchases since June and funded through $602.8 million in stock sales.
India PE and VC funding rises 52% to $4.1B
India’s private equity and venture capital investments rose 52% month-on-month to $4.1 billion in July 2026, driven by large deals and robust sector-wise activity.
Milky Mist posts over 1,000% profit ₹64.5cr revenues up 45%
Milky Mist Dairy Food Ltd reported a staggering 1,000% YoY jump in Q1FY26 net profit to Rs 64.5 crore, with revenue rising 45% to Rs 973 crore.
Adobe $4B+ Saudi ministry, Humain deal grants 27 million AI access
Adobe will provide 27 million Saudi citizens free access to its AI-powered tools, including culturally tuned image generation, under a $4 billion partnership with local entities.
Kotak seeks RBI nod for Anup Saha and Paritosh Kashyap
Kotak Mahindra Bank has proposed Anup Saha and Paritosh Kashyap as potential successors to CEO Ashok Vaswani, whose term concludes on December 31, 2026, sources revealed.
ICICI Bank nears HDFC Bank in India's market value race
ICICI Bank is rapidly closing the market-cap gap with HDFC Bank, shrinking it to ₹49,167 crore from ₹4.17 lakh crore following leadership uncertainties at HDFC Bank.
Who is John Ternus, Apple's new CEO after Tim Cook?
Tim Cook, the long-serving CEO of Apple, is stepping down from his position on September 1.
Bitcoin falls to $76,871 after Kevin Warsh's Jackson Hole remarks
Bitcoin fell below $80,000 following hawkish comments from Fed Chair Kevin Warsh, raising rate hike concerns and cooling risk-on sentiment in the cryptocurrency market.
India's economy grows 7.8% in Q1 FY27, nominal GDP 10.3%
Finance Minister Nirmala Sitharaman credited NDA reforms and agile economic management for India’s 7.8% real GDP growth in April-June, surpassing RBI's 7% forecast.
Piyush Goyal seeks BIS framework for Japanese firms in India
Japanese manufacturers in India face challenges with mandatory BIS certification under QCOs, citing delays and costs. Minister Goyal proposes easing rules for high-tech industries.
Kudumbashree Onam markets from 14 districts generate ₹10.07cr sales
Keralam’s Kudumbashree achieved a record ₹10.07 crore turnover from Onam vegetable and flower sales, benefiting over 33,000 women farmers through its initiatives.
InCruiter survey: Demand for AI talent rises 30% in India
Demand for AI-related talent in India has grown 30% since last year, driven by employers seeking professionals who can apply AI to solve real-world business challenges.
Financial changes from September 1
Starting September 1, a number of key financial changes will come into effect.
VerSe Innovation launches SparkStation AI, cuts brand film costs
VerSe Innovation unveils SparkStation, an AI-powered platform promising to slash video production costs and improve consistency across scenes with advanced orchestration.
India's GDP grows 7.8% in Q1 FY27, beats expectations
India's economy grew by 7.8% in the April-June quarter of FY2026-27, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) today.
Crop prices see largest monthly jump since 2012 in August
Global crop prices are experiencing their steepest monthly rise since 2012, driven by Black Sea conflicts disrupting exports and extreme weather fueled by a strengthening El Niño.
India's April to July deficit 4.55L/cr about 26.8% FY27 target
India's fiscal deficit reached ₹4.55 lakh crore by July, 26.8% of the FY27 target, while total government expenditure rose to ₹17.6 lakh crore from ₹15.6 lakh crore last year.
Indian rupee ends at 95.17 after possible RBI intervention
The Indian rupee rose 26 paise to settle at 95.17 against the US dollar on Monday, supported by suspected RBI intervention and strong forex inflows under the FCNR(B) scheme.
FSSAI flags Old Monk labeling and production, Maharashtra sales halted
Mohan Meakin, the maker of Old Monk rum, will revise its bottle labels following FSSAI's concerns over ageing claims and the use of artificial flavourings in its products.
MapmyIndia and ClarityX launch Geo-FI to aid lending in India
MapmyIndia and ClarityX have introduced Geo-FI, India's first geo-intelligence platform, leveraging AI and location data to optimize lending decisions and collections.
Nifty Bank up 600+ points in CAS after MSCI rebalancing
Monday's Closing Auction Session (CAS) saw Nifty Bank soar over 600 points, settling above 58,000, driven by MSCI rebalancing and significant price movements in key banking stocks.
India's economy grows 7.8% in April-June FY27, beating forecasts
India's GDP grew 7.8% in Q1 FY27, driven by strong consumption and government capital spending, defying inflationary pressures and disruptions from the ongoing US-Iran conflict.
European stocks dip as Brent jumps on U.S.-Iran tensions
European shares opened lower as U.S.-Iran military strikes drove oil prices above $90 per barrel and lifted bond yields, heightening inflation concerns and investor caution.
Report says AI could fuel Indian IT growth from FY27
Indian IT services could witness a multi-year growth cycle starting FY27 as global enterprises shift focus from AI infrastructure building to deployment, according to Anand Rathi.
ICICI Prudential Mutual Fund launches 3 life cycle funds
ICICI Prudential Mutual Fund has introduced three open-ended life-cycle funds with predefined equity-to-debt allocation shifts as their target years approach.
IOC boosts LPG production nearly 30% amid West Asia conflict
Indian Oil Corporation increased LPG production by 30% and diversified crude sourcing as disruptions in the Strait of Hormuz tested India's energy supply resilience.
Gold falls ₹2,600, silver drops ₹4,200: What's driving the sell-off?
Gold and silver prices have witnessed a sharp decline of up to 2% in early deals on the Multi Commodity Exchange (MCX) today. The fall comes amid profit-taking and weak global cues.
HDFC Bank seeks headhunter as Sashidhar Jagdishan steps down
HDFC Bank is accelerating efforts to appoint a new CEO by engaging a search firm, following incumbent Sashidhar Jagdishan's decision to step down by October 26.
September 1 rule changes affect taxpayers, LPG users and banks
Starting September 1, LPG prices, bank charges, and tax deadlines will see updates. Consumers must also complete Aadhaar-based e-KYC for domestic LPG by August 31.
This city has the most number of billionaires in Asia
The global billionaire population has seen its fastest growth since 2020, driven largely by the artificial intelligence (AI) boom.
NPS charges changing from October 1: How it affects subscribers
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a revision in the charge structure for Point of Presence (PoP) channels under the National Pension System (NPS).
Zomato won't show you fake dairy dishes anymore
In a major move, Zomato has announced a zero-tolerance policy against the sale of analog dairy dishes on its platform in India.
Guidelines for Semicon 2.0 scheme notified: How it affects businesses
The Indian government has notified the detailed framework for its Semicon 2.0 scheme, which aims to boost the country's semiconductor ecosystem.
Infosys shares drop nearly 3% despite CFO's upbeat AI outlook
Infosys shares fell nearly 3% on August 31, despite the CFO's positive outlook on AI services, which Nomura estimates could drive significant growth opportunities by 2030.
E2E Networks approves up to ₹1,500cr raise for AI infrastructure
E2E Networks’ board has approved raising up to ₹1,500 crore through QIP, rights issue, or FPO to expand its cloud and AI infrastructure amid surging demand from the AI ecosystem.
Bank of India Mutual Fund starts NFO for value fund
Bank of India Mutual Fund has introduced the Value Fund, an equity scheme employing a value investment strategy across market capitalisations and sectors.
Hy-Tech Engineers IPO oversubscribed 244.41 times, lists September 1
Hy-Tech Engineers shares are set to debut on 1 September, with a grey market premium (GMP) of ₹42 signaling a potential 79.25% listing gain over the IPO price of ₹53.
China and HK stocks slip on weak data, housing reforms
Chinese and Hong Kong stocks fell as weak economic data underscored a fragile recovery, while reforms to the housing presale system triggered a sharp selloff in property shares.
Ola Electric shares jump 8% on Monday after S1Z launch
Ola Electric shares soared 8% after unveiling the S1Z scooter range, supported by a Rs 95.8-crore PLI incentive and growing demand in the electric two-wheeler market.
Supreme Court orders Jet Airways pay ₹476cr to former staff
The Supreme Court upheld the NCLAT order directing ₹476 crore in provident fund and gratuity dues to Jet Airways employees, dismissing SBI's appeal against the decision.
Singapore to invest S$220 million in fintech under FSTI 4.0
Singapore will invest $172.83 million over three years under its FSTI 4.0 initiative to enhance fintech innovation, infrastructure, and talent in its competitive financial sector.
Julius Mugabo sues Transport for London over license delays
An Uber driver is suing Transport for London in the high court, alleging severe financial hardship caused by delays in renewing his private hire licence.
Symbiotec Pharmalab IPO oversubscribed ahead of Indian Tuesday listing
Symbiotec Pharmalab shares are set to debut on 1 September, with a grey market premium of ₹203 suggesting a potential listing price above the IPO price of ₹988.
Paytm's AI-first approach drives FY27 start to ₹2,448cr revenue
Paytm's Q1 FY27 results highlight how Vijay Shekhar Sharma's early adoption of AI has boosted revenue, slashed technology costs, and paved the way for new business opportunities.
China unveils new property rules to protect buyers, mitigate risk
China introduces stricter property regulations, emphasizing completed homes and limiting presale funding, aiming to protect buyers and stabilize its struggling real estate market.
Ather Energy stock hits record high, brokerages turn bullish
Ather Energy's stock has witnessed a remarkable surge, rising by 4% to a new high of ₹1,679 today.
Ashwini Vaishnaw announces Semicon 2.0 will train 100,000 more engineers
India aims to develop an additional one lakh semiconductor engineers under Semicon 2.0, focusing on talent, chip design, manufacturing, and R&D to strengthen its ecosystem.
PFRDA starts ₹200 NPS onboarding fee from October 1, 2026
PFRDA has updated the charge framework for NPS and NPS Lite subscribers, introducing onboarding fees and annual charges effective October 1, 2026.
Axis Mutual Fund launches Shagun SIP for gold, silver investment
Axis Mutual Fund introduces Shagun SIP, a digital investment feature enabling investors to systematically accumulate up to 25 kg of gold and 50 kg of silver in grams.
Ather Energy stock rises to ₹1,679 after Konarc launch
Ather Energy shares soared 4% to Rs 1,679 after launching its mass-market electric scooter, Konarc, with brokerages projecting significant growth and maintaining a bullish outlook.
Maruti Suzuki to invest ₹77,500cr for capacity expansion, new models
Maruti Suzuki India has increased its five-year capital expenditure plan to Rs 77,500 crore, focusing on capacity expansion, new models, and carbon-neutral manufacturing.
Why Zee Entertainment shares crashed 14% today
Zee Entertainment witnessed a massive fall in its share price on Monday.
Pernia's Pop-Up Shop IPO now open: Should you subscribe?
Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has launched its initial public offering (IPO) today.
SpiceJet wants more time to pay ₹50cr to Kalanithi Maran
SpiceJet, the cash-strapped budget airline, has sought more time from the Delhi High Court to pay its first installment of ₹50 crore.
Why Bank of England chief is worried about advanced AI
Andrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.
NCLAT will hear challenge to Subhash Chandra's repayment plan tomorrow
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear an urgent plea from several creditors, challenging the approval of Subhash Chandra's repayment plan by the National Company Law Tribunal (NCLT).
Why Zomato is firing around 250 employees in Hyderabad
Zomato, the popular food delivery platform, is shutting down its customer support operations in Hyderabad, as per The Economic Times.
OpenAI has warrants worth $5.5B from this SoftBank subsidiary
US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
EuroHPC selects French state-owned Bull to build LUMI-AI in 2027
The EU's EuroHPC has commissioned a €387.8 million supercomputer, LUMI-AI, from France's Bull to bolster Europe's AI capabilities and compete with the US and China.
TOI AIQ talks teases SBI's digital upgrades and UPI adaptation
TOI AIQ Talks explores how technology and purposeful innovation reshaped SBI, highlighting its rise among global banks and the human-driven reskilling behind this transformation.
Zomato cuts 250 jobs as it shuts Hyderabad support center
Zomato, the food delivery platform, is shutting down its customer support operations in Hyderabad. The move will lead to around 250 job losses, as per the Economic Times.
India launches Semicon 2.0 aiming to attract ₹4Lcr investment
The government has unveiled detailed Semicon 2.0 guidelines, offering fiscal support across six pillars, including chip design, fabs, advanced packaging, and R&D initiatives.
SpiceJet seeks Delhi HC time to pay Kalanithi Maran 50L/cr
SpiceJet requested the Delhi High Court for more time to pay ₹50 crore to Kalanithi Maran, citing delays in receiving government emergency credit support.
Sensex slips 513 points as Nifty falls below 24,000
Sensex recovered 250 points from the day's low, while Nifty climbed above 24,050 amid value buying in private banks and easing market volatility.
Augmont Enterprises debuts 22% higher, later falls, IPO raised ₹825cr
Shares of Augmont Enterprises fell over 2% to Rs 940 after listing at a 22% premium of Rs 960, missing grey market expectations of nearly 40% gains.
Tata Advanced Systems to co-produce Javelin AUR in India
Tata Advanced Systems Limited signed an MoU with Javelin Joint Venture to co-produce Javelin missiles in India, enhancing local manufacturing and defense collaboration.
Oil surges above $90 as US strikes Iran
Oil prices surged over 2% on Monday after US forces targeted two Iranian launchers on Larak Island in the Strait of Hormuz.
Activated carbon boosts India's ₹7,038.25 cr coconut exports in FY26
India's coconut exports soared by 62% in FY26, reaching ₹7,038 crore, driven by rising global demand for value-added products and a diversified export basket.
Aon nears $17B deal to buy USI Insurance
Aon, a leading insurance broker and consultancy firm, is close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR.
Sensex tumbles 500 points: What's dragging markets down today?
The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.
Andrew Bailey warns frontier AI could disrupt global financial systems
Bank of England governor Andrew Bailey warns that advanced AI models pose significant cyber-risk to the interconnected global financial system, urging international cooperation.
Healthians posts 1st-ever FY26 profit 5.4cr, diagnostics drove most revenue
Healthians achieved profitability in FY26 with a net profit of Rs 5.4 crore, as its revenue surged 35.7% year-on-year to Rs 357 crore, driven by diagnostics services.
India, Brazil set goal to reach $30B trade by 2030
India and Brazil aim to double bilateral trade to $30 billion by 2030, with Brazil agreeing to expand market access for Indian pharmaceutical products.
Tempsens Instruments lists at ₹634, more than doubles, drops
Tempsens Instruments shares dropped over 4% on Monday as investors booked profits after the stock's stellar 111% premium listing on Friday, following strong IPO demand.
Banks challenge Subhash Chandra repayment plan at NCLAT Tuesday 10:30am
The NCLAT will hear an urgent plea by creditors contesting the NCLT's approval of Subhash Chandra’s ₹6.5 crore repayment plan, citing inadequate recovery of their claims.
Subhash Chandra denies borrowing as NCLT approves ₹6.5cr repayment
Subhash Chandra clarified his role as a guarantor in insolvency proceedings, stating most borrowings were settled or backed by assets, with Rs 6.5 crore proposed for repayment.
Indian firms line up over $20 billion through share sales
Indian companies are leveraging ample liquidity and supportive valuations, with 170 firms planning to raise over $20 billion through share sales, including QIPs, this fiscal year.
Zomato closing Hyderabad customer support center, about 250 jobs cut
Zomato is closing its Hyderabad customer support centre, affecting 250 employees, as part of a shift toward outsourcing and operational consolidation at its headquarters.
Zee Entertainment shares fall over 14% amid NCLT dispute
Zee Entertainment shares plunged over 14% intraday on August 31, following lender objections to an NCLT-approved repayment plan for Essel Group's ₹22,006.57 crore debt.
UPI set to launch in Uzbekistan
The Unified Payments Interface (UPI) will soon be launched in Uzbekistan, the Ministry of External Affairs (MEA) has confirmed.
Soitec secures multi-year deals as photonics-SOI revenue tops $200 million
French chip materials maker Soitec is capitalizing on surging AI-driven demand by locking customers into multi-year supply agreements with deposits and fixed pricing.
Why Apple's new CEO faces a management shake-up
John Ternus, the incoming CEO of Apple, is expected to make major changes in the company's executive team.
Bitcoin dips under $78,000 after reaching $81,455 3-month high
Bitcoin surged to $79,154 before retreating to the $77k-$78k range, signaling potential resistance near $80k as market momentum remains uncertain amid macroeconomic pressures.
Sensex falls 300.77, Nifty down 124.80 as crude nears $90
Indian markets fell on Monday as US-Iran tensions spiked crude prices, while weak global cues, foreign fund outflows, and MSCI index rebalancing added to investor concerns.
EPFO processing delays EPF withdrawals after tiny record mistakes
Even minor clerical errors in EPF records, such as mismatched dates or names, can lead to significant delays and complications when claiming funds or benefits.
China's factory activity shrinks for second consecutive month
China's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.
Indian bond yields hit 6.9480% after Kevin Warsh remarks
Indian bonds opened three basis points lower at 6.94% as hawkish comments from US Fed Chair Kevin Warsh raised the likelihood of a September rate hike.
Nikkei 225 falls almost 2% as Fed comments rattle markets
Japan’s Nikkei 225 fell 1.97% on Monday, driven by rising global interest rate hike expectations, while U.S. inflation control measures further dampened investor sentiment.
India's Q1 GDP estimate due today, CNBC-TV18 poll forecasts 7.5%
India's Q1 GDP data is set for release today, with analysts predicting 7.5% growth amid hopes of a potential upside surprise shaping market sentiment and economic outlook.
Shein raises $1.7B in Hong Kong IPO as listings boom
China's IPO market is thriving, driven by investor enthusiasm for AI and robotics. Shein's $1.7 billion Hong Kong debut highlights the trend amid shifting global dynamics.
Check Annu Projects IPO allotment likely finalized August 30
The Annu Projects IPO allotment, following a 2.93x subscription to its Rs 175.06 crore issue, is expected to be finalised on August 30.
HDFC Bank expected to appoint Kaizad Bharucha as CEO
Kaizad Bharucha, HDFC Bank's longest-serving executive board member, has nearly four decades of banking experience and currently serves as Deputy Managing Director.
India to launch UPI in Uzbekistan, showcasing payment expertise
India's Unified Payments Interface (UPI) is launching in Uzbekistan, strengthening digital ties and fostering economic cooperation with Central Asia.
Ex-SBI chief Dinesh Khara among contenders for HDFC Bank CEO
Former State Bank of India (SBI) Chairman Dinesh Kumar Khara is being considered as a potential successor to Sashidhar Jagdishan for the position of Managing Director and Chief Executive Officer (MD & CEO) at HDFC Bank.
HDFC Bank shares climb after CEO Sashidhar Jagdishan retirement announcement
HDFC Bank shares rose over 2% as MD & CEO Sashidhar Jagdishan announced his retirement, with brokerages viewing the leadership change as a potential reset.
CrowdStrike CEO George Kurtz warns AI enables rapid vulnerability weaponization
CrowdStrike CEO George Kurtz credited Anthropic’s Mythos model for driving record revenues while cautioning companies about rapidly evolving AI-driven cyber threats.
Indian markets open lower as Sensex slips and Nifty drops
Indian stock indices Sensex and Nifty opened in red on Monday, August 31, following a rebound on Friday driven by strong gains in IT stocks.
Gold down more than ₹2,600 on MCX and silver falls
Gold and silver prices on MCX dropped by nearly 2% amid heavy profit-taking, with gold futures falling ₹2,600 to ₹1,53,640 per 10 grams and silver contracts losing ₹4,200.
Indian rupee starts Monday at ₹95.49 against US dollar
The Indian rupee opened 11 paise lower at 95.49 against the US dollar, reflecting ongoing pressure from global economic factors and fluctuating forex market trends.
Nirmala Sitharaman, William Brown discuss India R&D and manufacturing
Finance Minister Nirmala Sitharaman discussed enhancing 3M's localisation, R&D, and advanced manufacturing in India during her meeting with CEO William Brown at the G20 FMCBG.
US strike in Strait of Hormuz lifts Brent to $89.18
Oil prices rose over 1% amid escalating Middle East tensions, while gold steadied following a sharp decline, as markets reacted to hawkish signals from the US Federal Reserve.
Blackstone linked entities launch ₹7,992cr OFS for Knowledge Realty Trust
Blackstone-linked entities have launched an offer for sale (OFS) in Knowledge Realty Trust, India's largest REIT, aiming to sell units worth nearly ₹12,000 crore.
NVIDIA's Jensen Huang: AI could spark America's next industrial revolution
Nvidia CEO Jensen Huang envisions AI driving America’s next industrial revolution, creating jobs, revitalizing manufacturing, and boosting investments in infrastructure nationwide.
China manufacturing PMI rises to 49.8 but stays below 50
China's official manufacturing PMI rose to 49.8 in August, surpassing forecasts, but remained below 50, signaling contraction amid ongoing economic challenges.
SK Hynix mulls Japan plant for AI capacity, cost control
SK Hynix is evaluating a joint venture in Japan to address soaring AI-driven memory chip demand while managing production costs amid global expansion efforts.
Augmont Enterprises IPO opens priced at ₹750-₹788 amid heavy demand
Augmont Enterprises IPO debuts today at 10:00 IST on BSE and NSE, with a grey market premium of ₹290 hinting at an estimated listing gain of up to 37%.
Senior executives return to school for AI strategy training
Senior executives are increasingly pursuing advanced AI programmes to drive transformation, ensuring strategic decisions on deployment and governance extend beyond IT teams.
L&T, JSW, Adani Group, Mahindra eye ISRO LVM3 technology transfer
Larsen & Toubro, Adani Group, Mahindra, and others are exploring bids to manufacture and operate ISRO's heavy-lift rocket LVM3 as part of its technology-transfer initiative.
India's airport expansion slows as airlines struggle to meet demand
India’s airport growth is slowing as airlines face fleet shortages and geopolitical disruptions, forcing operators to explore non-aeronautical revenue streams for sustainability.
Mohit Joshi: Tech Mahindra untroubled by Google, backs organic growth
Tech Mahindra CEO Mohit Joshi believes Big Tech and AI labs won't disrupt the IT sector, citing distinct cost structures and operational models that are challenging to replicate.
Tata Trusts seek Maharashtra charity approval for Tata Sons chair
Tata Trusts have approached the Maharashtra charity commissioner to resolve a regulatory impasse, aiming to initiate the process of appointing a new chairman for Tata Sons.
Nirmala Sitharaman meets US executives in Chicago to pitch India
Finance Minister Nirmala Sitharaman engaged with top US executives, highlighting India's potential as a global operations hub across AI, agriculture, and defense technologies.
Subhash Chandra says 22,000 cr are guarantees for other companies
Subhash Chandra addressed misconceptions about the Rs 22,000-crore insolvency case, stating it pertains to personal guarantees for loans, not personal borrowings.
Tamil Nadu's new-age business houses line up for IPOs
A number of Tamil Nadu-based companies are preparing to launch their initial public offerings (IPOs).
SK Hynix open to more US semiconductor investments
SK Hynix's CEO, Kwak Noh-jung, has said that the company is open to more semiconductor investments in the US.
India's beauty, personal care market to reach $42B by FY31
India's Beauty and Personal Care (BPC) market is set to witness a massive growth from $23 billion in FY26 to $42 billion by FY31.
EPFO highlights campaign to bring more workers under social security
The Employees' Provident Fund Organization (EPFO) has highlighted the Employees's Enrolment Campaign 2026, which runs from June 29 to October 31, aims to widen social security coverage and formalize the workforce.
Bira 91 facing insolvency threat over ₹11cr+ unpaid dues
Bira 91, a popular Indian beer brand, is facing an insolvency threat as Hindusthan National Glass and Industries Ltd (HNGIL) has issued a default notice to its parent company B9 Beverages Ltd.
India's GDP to grow at 7-7.2% in FY27, says EY
India's real gross domestic product (GDP) growth is projected to stay strong at 7-7.2% in the financial year 2026-27 (FY27), according to a recent report by Ernst & Young (EY).
NCLT might soon have dedicated benches for insolvency cases
A Parliamentary panel has recommended the establishment of dedicated benches or verticals for insolvency cases at the National Company Law Tribunal (NCLT).
Who will become next CEO of HDFC Bank?
HDFC Bank, India's largest private lender, is considering Deputy Managing Director Kaizad Bharucha as a potential successor to current CEO Sashidhar Jagdishan.
Indian Bank to open 100 new branches, recruit 2,500 employees
Indian Bank plans to expand its operations by opening around 100 new branches in the current fiscal year, according to PTI.
India, Chile expedite efforts to finalize trade pact by year-end
India and Chile are stepping up efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) by the end of this year.
Kalshi suffers legal setback as Nevada gets power to regulate
Kalshi, a popular prediction market platform, has suffered a major setback in its legal battle against the state of Nevada.
UPI dominates India's digital merchant payments market with 77.3% share
India's digital merchant payments market is witnessing a major shift.
Robert Downey Jr. wears $1.1M watch that has no hands
Hollywood superstar Robert Downey Jr. made a grand appearance at Disney's Legends Awards Ceremony, but it wasn't just his presence that stole the show.
Country Delight wants to raise $200-300M via IPO in India
Country Delight, a leading subscription-based dairy and fresh-produce delivery platform, is gearing up for an initial public offering (IPO) in India.
BRICS summit causes luxury hotel room scarcity in Delhi
Delhi's luxury hotel market is witnessing a major spike in room rates and a shortage of availability ahead of the BRICS Summit.
India met fiscal deficit target for FY26: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced that the central government has successfully met its fiscal deficit targets for the financial year 2025-26.