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Meta Accused of Exploiting Kids as Social Media Trial Gets Underway
Meta Platforms Inc. has deceived the public for years by targeting children on Facebook and Instagram with technology designed to turn them into compulsive users and drive up advertising revenue, a lawyer at the California attorney generals office told a jury.
Intex Partners with Sri Lanka Cricket as National Team Sponsor for India Tour of Sri Lanka 2026
New Delhi [India], August 18: Intex Technologies, one of India's leading consumer electronics brands, has announced its association as the National Team Sponsor of Sri Lanka Cricket (SLC) for the upcoming India Tour of Sri Lanka 2026, marking a significant step in the brand's growing engagement with international cricket.
Nifty 50 firms get dismal score on gender pay parity
Most Indian companies show a persistent gender pay gap, with women earning less than men. Only a small percentage of companies reported progress towards pay parity in the recent fiscal year. New labor codes strengthen legal foundations against wage discrimination for equal work. Structural career drivers and representation in high-value roles remain unchanged for women. Women are concentrated in junior roles and underrepresented in core business functions.
Jumboking's Dheeraj Gupta and Laura Ries launch their book 'Loved By A Billion'
New Delhi [India], August 18: Jumboking founder Dheeraj Gupta has often cited Al Ries, author of the bestselling books Focus: The Future of Your Company Depends on It and Positioning: The Battle For Your Mind, as his mentor.
Chip designer Velaura AI valued at more than $1 billion in funding round
VELAURA-AI-FUNDING:Chip designer Velaura AI valued at more than $1 billion in funding round
SC orders CBI probe against former Sammaan promoters
The apex court also directed the special court in Mumbai dealing with money-laundering cases to decide within two weeks on the CBI's plea seeking further investigation into a sixth transaction involving Rs 1,574 crore.
Leaders still have to raise the sails. That is the real shift: from optimiser to navigator. Optimising assumes conditions are stable enough to fine-tune around. Navigating assumes disruption will arrive without warning and the job is to hold course regardless.
Tata Sons AGM adjourned for first time: What happens to N Chandrasekaran now?
The Tata Sons AGM was expected to consider Chandrasekarans reappointment as a director, along with Tata Sons financial statements for 2025-26 and a dividend for the year ended March 31, 2026
Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance
India's fair trade regulator CCI has approved Prudential Corporation Holdings' stake acquisition. This acquisition involves a significant equity shareholding in Bharti Life Insurance Company. UK-based Prudential plc will acquire a majority 75 percent stake for Rs 3,500 crore. The transaction requires Prudential to reduce its holding in an existing venture. Post completion, Prudential's Indian operations will include majority-owned Bharti Life Insurance.
RRBs' gross loans rise 10.3 pc to Rs 5.78 lakh crore in FY26; PSL achievement at 91.7 pc
Regional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Priority Sector Lending targets remained strong, achieving 91.7 percent. Agriculture and allied activities formed the largest credit component, accounting for 77 percent. MSME lending focused on micro enterprises, supporting rural entrepreneurs and small businesses. RRBs also extended significant credit to weaker sections and inclusive development areas.
Sammaan Capital says it's a victim, not accused, as SC asks CBI to probe loans
Shares of Sammaan Capital, formerly Indiabulls Housing Finance promoted by Gehlaut, fell more than 5% to a near three-month low of 145 on the NSE following the Supreme Courts order, before paring losses to close 2.2% lower at 150.23.
Government to allocate additional 200 SCM gas in latest push for domestic PNG
The objective here is to help CGDs offset their LNG-sourcing costs which have stayed elevated as episodic tensions continue to mar supplies from West Asia.
Cognizant bags 360 million UK government deal to modernise HMRC systems
The contract, which runs from July 13, 2026 to July 12, 2031, covers specialist low-code development, configuration, DevOps and live service management. Based on the full contract value, the deal is worth about $97 million a year.
Disney sues FCC over ABC license review, accuses Trump Admin of retaliation over network content
Disney argues that the FCC is targeting ABC because of programming and editorial decisions that President Donald Trump and his administration dislike.
Gaja Alternative Asset Management mobilises Rs 165 crore from anchor investors
Gaja Alternative Asset Management secured Rs 165 crore from anchor investors on Tuesday. The company's Rs 550 crore initial public offering opens for subscription on Wednesday. The IPO includes a fresh issue of Rs 450 crore and an offer for sale. Proceeds will fund debt repayment, new fund seeding, and general corporate needs. Shares are scheduled to list on BSE and NSE on August 26.
Indias crude import bill surges 41% in July amid West Asia crisis; volumes up 13%
Episodic events in West Asia had kept prices on benchmark brent crude largely volatile in July this year.
CCI approves Tata Steel's proposal to acquire additional 23% stake in TMILL
Following the proposed acquisition, Tata Steel will become the majority stakeholder and IQ Martrade will exit from the JV entity
FM Sitharaman asks public sector banks to shake off government bank image, target youth
The finance minister urged state-owned lenders to engage citizens aged 16 and above through a nationwide campaign starting 2 October, while calling for expanded credit to farmers and priority sectors.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities extended losses as fading Middle East peace hopes, elevated crude prices, rising US yields and weak global cues intensified risk-off sentiment. Sensex fell 493 points and Nifty 133 points, while technical indicators pointed to further downside.
SMEs lag as corporate India moves into DPDP implementation phase
Govt sources assert there will be no extension of deadline for implementation of DPDP, even as companies await establishment of Data Protection Board
Swiggy shareholders approve IOCC status, cap foreign ownership at 49.5%
Shareholders also approve amendments to the Articles of Association allowing co-founders Sriharsha Majety and Phani Kishan Adepally to retain majority board representation
Amazon Seller Services revenue surges by 15% in FY26
Amazon Seller Services, the marketplace arm of the e-commerce major, crossed the 35,000 crore-mark in revenues in FY26 indicating strong volume growth
India may not need another overhaul of its coal-allocation policy but it must stress on sharper implementation, accountability and provide differentiated treatment to producers who face constant shortages and benefit at the cost of the disciplined ones.
Swiggy's shareholders have approved capping foreign ownership at 49.5%, allowing it to qualify as an Indian-owned and controlled company. This follows a rejected proposal in May, as over 50% beneficial ownership must be domestic under Indian rules.
Ashok Leyland just had a record June quarter. So why did the margin fall a full point?
Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volume, and revenue from operations rose 10.43% to Rs. 9,634 crore. Yet, the operating EBITDA was Rs. 970 crore, almost the same as a year earlier. The Q1 FY 27 result must, therefore, be understood not in terms of greater demand, but in terms of why the record volumes and revenue did not lead to an increase in operating earnings.
ReNew's Q1FY27 net profit rises 16% to 595 crore, revenue up 16%
Renewable energy firm ReNew reported a 16 per cent rise in Q1FY27 net profit to Rs 595 crore, while commissioned capacity increased 17 per cent year-on-year to 13.1 GW
Swiggy expands leadership roles for 3 senior executives; Nitesh Garg appointed as Instamart CTO
Earlier this month, Swiggy said it is targeting an adjusted EBITDA of around 10,000 crore by FY31, backed by growth across its food delivery and quick commerce businesses.
LEO satellites move from data collectors to intelligent computing nodes
The emerging model involves using onboard AI to filter, classify and prioritise data before transmitting it to ground stations
US-based Y Combinator sells nearly 1.2% stake in Groww for 1,435 cr
Startup accelerator Y Combinator on Tuesday divested nearly a 1.2 per cent stake in Billionbrains Garage Ventures, the parent company of Groww, for Rs 1,435 crore through an open market transaction. US-based Y Combinator through its affiliate YC Holdings II, LLC, sold a total of 7,46,87,500 shares, representing a 1.19 per cent stake in Bengaluru-based Groww, as per the bulk deal data on the BSE. The shares were offloaded at an average price of Rs 192.16 apiece, taking the transaction size to Rs 1,435.19 crore. After the latest transaction, YC Holdings II LLC's shareholding in the stock broking firm declined to 7.44 per cent from 8.63 per cent. Details of the buyers of Billionbrains Garage Ventures' shares could not be ascertained on the exchange. Shares of Billionbrains Garage Ventures settled 2.52 per cent lower at Rs 193.70 apiece on the BSE on Tuesday. In May, Y Combinator sold a 1.45 per cent stake in Billionbrains Garage Ventures for Rs 1,642 crore through an open market ...
ReNew's net profit rises 16% to 595.3 crore in Q1
ReNew's total income also grew by around 16% year-on-year to 4,786.4 crore.
EV ecosystem rapidly expanding in Uttar Pradesh, Karnataka & Telangana
Power consumption by EV public charging stations across India rose to 1,558.69 million units in FY26
Swiggy expands leadership team as Instamart, food delivery businesses scale
Himavant Kurnala has been appointed chief growth and product officer at Instamart, while Nitesh Garg has been elevated to chief technology officer of the quick-commerce business
Manipal Health expands Whitefield presence with 130-crore Kinder Hospital buy
Commissioned in 2022, Kinder Hospital will strengthen Manipals presence in the fast-growing Whitefield micro-market
Wipro Consumer Care joins beauty M&A rush with 387-crore Dermatouch buy
The deal is Wipro Consumer Cares third acquisition this year as it looks to build scale in beauty and personal care, one of the more attractive pockets of Indias FMCG market
MobiKwik transfers digital lending business to its NBFC subsidiary MDSPL
The fintech firm has shifted its digital lending operations to MDSPL after RBI approval and expects quarterly disbursals of more than Rs 1,000 crore.
ARTIX 5.0 Presents a Curated Confluence of Contemporary Art, Design and Luxury
New Delhi [India], August 18: ARTIX, India's pioneering hotel art fair, returns with its fifth edition on August 22 and 23, 2026, at The Claridges, New Delhi. Bringing together leading galleries, artists, designers, jewellers and creative brands, this year's edition will transform 21 hotel rooms into immersive exhibition spaces, offering visitors an intimate way to experience art beyond the traditional gallery format.
Funskool India acquires rights to sell Paw Patrol toys in India
Funskool has obtained the license to launch collectible toys associated with the Canadian childrens television series from Toronto-based toy and entertainment Spin Master.
Prudential gets CCI nod to acquire 75% stake in Bharti Life Insurance
Fair trade regulator CCI on Tuesday cleared the proposal of Prudential Corporation Holdings, an arm of UK-based financial giant Prudential plc, to acquire a stake in Bharti Life Insurance Company Ltd. The proposed combination envisages the acquisition of certain equity shareholding in Bharti Life Insurance Company Ltd (Target) by Prudential Corporation Holdings Ltd (Acquirer), the Competition Commission of India (CCI) said in a release. Prudential Corporation Holdings acts as the holding company of the acquirer Group's insurance and asset management operations in Asia and provides management and support to its Asia and Africa business operations, while Bharti Life Insurance is an IRDAI-licensed insurer. CCI approves acquisition of certain equity shareholding in Bharti Life Insurance Company Limited by Prudential Corporation Holdings Limited, the regulator said in a post on X. In May this year, UK-based Prudential plc announced that it would acquire a majority 75 per cent stake
Manipal Health to buy 100-bed Kinder Women's Hospital for 130 crore
Deal strengthens hospital chain's presence in Bengaluru's Whitefield; follows recent IPO and acquisition-led expansion
Insight: How US military funding propelled Chinas robot dogs
Senior job titles are increasingly being used by employers as a talent attraction and retention tool, but questions remain about whether designations are keeping pace with compensation. An Indeed survey highlights how employees and employers view titles, pay, and career progression.
Trump says no talks with Iran, naval blockade remains in force
United States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and operational. The Strait of Hormuz is open and functioning, he also mentioned. All water mines in the strategic waterway have been removed or detonated. These remarks come amid heightened tensions and uncertainty over easing the standoff.
Quote of the Day by Sydney Sweeney: Sydney Sweeneys quote, I honestly don't think I have one specific style. One day, I could be wearing a workout track suit, and another day, I could be wearing overalls and a tank top. Or I love a slip with corset. It just honestly depends on where I am in the world and what I'm doing and how I'm feeling that day, explores the importance of individuality and personal expression through fashion. The quote suggests that personal style does not have to follow one fixed identity and can change according to a persons mood, lifestyle, surroundings, and daily activities.
Quote of the day by Toni Morrison: Nobel laureate Toni Morrison inspired people to look beyond themselves. Her words emphasized making a difference through actions that help others. Morrison, a celebrated author, explored Black American experiences and injustice. She became the first Black woman to win the Nobel Prize in Literature.
Quote of the day by Matthew Perry offers a timeless message about resilience, adversity, and the courage to begin again. Everyone eventually reaches crossroads where the future is unclear and the easiest choice may appear to be surrender. But those moments can also become turning points. Fighting back does not guarantee an immediate victory, nor does it promise that every challenge will disappear.
State Farm Dividend Payout 2026: Million auto drivers to share historic $5 billion dividend pool
State Farm is distributing five billion dollars to eligible policyholders. This large financial payback initiative stems from reduced vehicle repair costs. Drivers can expect credits averaging one hundred dollars per insured vehicle. Eligibility requires an active private passenger auto policy during 2025. Distributions are being processed electronically and via mail.
Highway Infrastructure receives Palayam Fee Plaza toll collection contract worth Rs 80 cr
The contract has been awarded for the engagement of user fee collection for Palayam Fee Plaza at Km 154+500 of NH-44, covering the Krishnagiri to Thumbipadi section from Km 94+000 to Km 180+000 on BOT basis in the State of Tamil Nadu. The total contract value is Rs. 80.17 crore, and the contract period is 90 days.
MobiKwik completes transfer of its digital lending biz to MobiKwik Distribution Services
One MobiKwik Systems announced the completion of the transfer of its entire digital lending business, along with the associated employees, to MobiKwik Distribution Services (MDSPL), its wholly owned subsidiary.
ONGC Corpn commissions gas evacuation facilities at Khoraghat in Golaghat district, Assam
Complimenting the North East Gas Grid
Bombay HC cancels bail granted to owners of Goa nightclub where 25 people had died in fire
The Bombay High Court cancelled bail for nightclub owners in Goa. This decision relates to a devastating fire that claimed twenty-five lives last December. The owners and a business partner must now surrender within two weeks. They can seek fresh bail from the trial court during this period. The court also addressed applications concerning forgery charges for nightclub permissions.
NeoGeo raises $20 million in Series A round to expand global footprint
The spacetech firm will use the capital to deepen its product portfolio, invest in R&D, strengthen its team and expand across the Middle East and the Americas
Small-city aspirations power education loan demand
Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities now represent over eighty-six percent of loan requests. Uttar Pradesh and Maharashtra show the highest volume of these applications. Job training and MBA programs are the most financed courses by students. This trend indicates growing ambition and a focus on career outcomes in smaller towns.
Union Agriculture Minister Shivraj Singh Chouhan stated El Nino's impact on kharif production is unlikely to be significant. Rainfall has been adequate for crops across most of the country this year. The shortfall in kharif sowing has narrowed considerably and is expected to reduce further. Deficient rainfall in some regions will not affect overall kharif output at this stage. The government is also preparing new Seeds and Pesticides Management Bills.
Psychologists have long explored the idea that humans have aninternal timing system that helps the brain perceive and organize the passage of time. The internal-clock theory does not suggest that there is literally a tiny clock inside the brain; rather, it describes how the mind may process and estimate time.
Atlanta Electricals receives order of Rs 194 cr from APTRANSCO
For supply of 160 MVA, 220/132 kV Auto Transformers
TVS Industrial & Logistics Parks to invest 1,000 cr in Tamil Nadu project
Warehousing developer TVS Industrial & Logistics Parks on Tuesday said it plans to invest Rs 1,000 crore in upcoming projects across Tamil Nadu. The proposed investment, for which the company signed an initial pact with the state government at the VETTRI Tamil Nadu Investment Conclave 2026, is expected to create around 1,500 job opportunities and strengthen the industrial and logistics infrastructure supporting businesses and supply chains across the state, the company, a corporate Grade-A warehousing developer, said in a statement. The conclave brought together investment commitments across key sectors and districts, underscoring the state's focus on accelerating industrial development and employment generation. The continued expansion of industrial activity across Tamil Nadu is driving demand for modern, strategically located infrastructure that can support businesses across different stages of their growth, the company said. As the state advances its ambition of becoming a USD .
Sebi bars merchant banker Corporate Capital Ventures from new assignments for one month
Sebi has barred merchant banker Corporate Capital Ventures from taking new assignments for one month due to multiple compliance lapses, including failing to update IPO track records, misleading office location disclosures, and neglecting mandatory NISM certifications for key management personnel.
Ashok Leyland to step up product expansion; lines up new trucks, buses, and LNG models
The companys electric-mobility business, Switch India, continues to build its order pipeline, MD and CEO Shenu Agrawal told analysts
Crompton eyes doubling of revenue through premiumisation, new-age growth
Unveils new logo and super-premium Rhion platform as it charts a 15,000-crore growth roadmap
Tata Motors leads July CV retail surge; top five players post double-digit growth
Manipal Hospital Whitefield Marks Independence Day by Celebrating the Spirit of Life
Bengaluru (Karnataka) [India], August 18: This Independence Day, Manipal Hospital Whitefield celebrated the incredible stories of courage, resilience, and recovery. The hospital welcomed former patients who overcame life-threatening health challenges as the chief guests for the occasion, with a reminder that every life saved is a story of hope, and every recovery is a reason to celebrate.
INR weighed down by muted local equities as oil prices stay elevated
The Indian rupee depreciated 7 paise to close at 95.68 (provisional) against the US dollar on Tuesday, weighed down by elevated crude oil prices and lingering geopolitical tensions in West Asia. Local shares also closed lower on Tuesday as rising oil prices and global bond yields amid an apparent impasse in Middle East peace talks rekindled inflation and interest-rate worries. The benchmark indices ended lower on Tuesday, with the NIFTY 50 closing at 24,154.90 (down 132.75 points, or 0.55%) and the BSE SENSEX closing at 77,235.46 (down 492.70 points, or 0.63%). Meanwhile, the USD/INR pair is likely to trade with a slight negative bias, pressured by the delay in the deal between the US and Iran, rising crude oil prices and broader dollar support. At the interbank foreign exchange, the rupee opened at 95.68 against the greenback and traded in a range of 95.64-95.69 during the session. It eventually settled at 95.68 (provisional), lower by 7 paise from its previous close.
Horizon Industrial Parks (HIPL) IPO subscribed 24%
The offer received bids for 5.94 crore shares as against 25.13 crore shares on offer.
Sunshine Pictures IPO subscribed 4.33 times
The offer received bids for 2.37 crore shares as against 54.86 lakh shares on offer.
Lalithaa Jewellery Mart IPO subscribed 3.07 times
The offer received bids for 19.25 crore shares as against 6.27 crore shares on offer.
Shankesh Jewellers IPO subscribed 36%
The offer received bids for 98.74 lakh shares as against 2.76 crore shares on offer.
Nifty hits six-day losing streak as crude tops $91; IT stocks lead market selloff
Key benchmark indices extended their losses on Tuesday, with the Nifty falling for the sixth consecutive session, while the Sensex declined for the third straight day. Sentiment was weighed down by Brent crude rising above $91 a barrel amid renewed US-Iran tensions. Weak global cues, continued FII selling, higher US bond yields and a weaker rupee further weighed on sentiment. The Nifty remained under pressure amid volatility ahead of the weekly Nifty 50 derivatives expiry and settled below the 24,200 level. IT stocks witnessed selling, while pharma, auto and oil & gas were the only major sectors to gain.
Quick Wrap: Nifty IT Index falls 1.93%
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The iPhone 17 Pro Max 256GB can cost Rs 77,800 on Flipkart using an exchange offer and bank discount.Flipkart has listed the iPhone 17 Pro Max 256GB at Rs 1,47,900, with eligible buyers able to bring the effective price down to Rs 77,800 through an exchange offer and Flipkart Axis Bank Credit Card discount. The deal includes up to Rs 63,100 exchange value for an eligible iPhone 16 Pro Max, while the flagship features a 6.9-inch OLED display and triple 48MP cameras.
The Bihar Public Service Commission has revealed plans for teacher recruitment, offering 32,388 vacancies. Applications for the TRE-4.0 will begin on September 1, 2026. Applicants must adhere to specific educational qualifications and age limits for each role. The selection process includes written exams followed by interviews. Successful candidates will enjoy competitive salaries alongside a range of employment benefits.
Japan stocks fall as bond yields and fiscal concerns rise
Japans 10-year government bond yield climbed to around 2.95%, its highest level in three decades. Concerns over higher government spending and the growing possibility of a near-term Bank of Japan rate hike added to the pressure.
China stocks turn choppy as investors await stimulus
Investors remained cautious as they looked for stronger government support. Premier Li Qiang called for more measures to meet this years economic targets and said China would speed up the development of new growth areas, including the Six Networks.
'Why should US protect you from Kim?': Trump defends S Korea military drill cuts over Iran war rift
In January, Congress passed an appropriations bill, which became law, that specified funding for more than 200 projects and activities.
What are the cases against former Pakistan PM Imran Khan?
Pakistan's Supreme Court ordered Imran Khan's transfer to a hospital from jail. He faces numerous corruption and other charges since losing power in 2022. His family expressed concerns about his deteriorating health and access to him. Most convictions have been suspended or overturned while appeals are pending. Khan denies all allegations of wrongdoing in these cases.
Maharashtra Freedom of Religion Act to come into force on August 28: What changes
Maharashtra's Freedom of Religion Act, 2026 will take effect on August 28. This legislation prohibits religious conversions through coercion, fraud, or inducement. Unlawful conversions involving minors or vulnerable groups face severe penalties. The law mandates police to register complaints regarding alleged unlawful conversions. It aims to regulate religious conversions across the state.
From Puchka to a national QSR: Sagar Daryani-backed Wah! Foods targets Rs. 250 crore revenue by FY30
Kolkata (West Bengal) [India], August 18: Wah! Foods, the company behind Wah! Puchka and Wah! Litti, has outlined plans to achieve 250 crore in annual revenue by FY30 as it builds a nationally recognised Indian street-food QSR platform.
14-year-old Texas student Samvith Mahadevan builds chemical nose to spot hidden food allergens
Fourteen-year-old Texas student Samvith Mahadevan has developed a portable chemical nose that uses sensors and machine learning to detect traces of common food allergens. His invention, The Allergent, has shown 94% to 97% accuracy in tests involving allergens such as peanuts, eggs and tree nuts.
Dinosaurs first appeared roughly 230 million years ago and eventually became the dominant land animals, holding that status until an asteroid struck Earth 66 million years ago, causing a mass extinction of species. Mammals during the age of dinosaurs thrived in ecological niches perfect for small body sizes like insectivores and seed eaters.
Air India AI-171 crash: Pilots body seeks hearing before final report
The Federation of Indian Pilots is seeking a meeting with the investigating team by 15 September and has proposed areas that its technical interaction would cover.
TEXMiNMaxelS Nagpur Center of Excellence to focus on critical mineral value chains in Maharashtra
The State holds roughly 41 per cent of Indias rare earth element (REE) resources, with Nagpur being the heart of the Vidarbha mining and coal belt.
Tata Sons AGM adjourned due to lack of quorum
The Board will likely meet in a few weeks to decide on the next date
Sensex, Nifty tumble as crude surge, geopolitical concerns weigh
As per provisional closing data, the barometer index, the S&P BSE Sensex dropped 492.70 points or 0.63% to 77,235.46. The Nifty 50 index lost 132.75 points or 0.55% to 24,154.90. The Sensex declined 1.08% in three consecutive trading sessions, while the Nifty fell 1.74% in six consecutive trading sessions.
PCBL Chemical receives ECMS approval for Acetylene Black Project
Acetylene Black is a critical conductive material used in lithium-ion batteries and various advanced industrial applications. The proposed project is expected to support the development of the domestic advanced materials ecosystem, strengthen local supply chains, reduce import dependence, generate skilled employment opportunities, and enhance the Company's participation in the global value chain.
India's coconut product exports explode in FY26, mark a spurt of 62% on year
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Noida (Uttar Pradesh) [India], August 18: OmniCard (Eroute Technologies Pvt. Ltd.), an RBI-licensed Prepaid Payment Instrument (PPI) issuer, today announced accelerating adoption of the OmniCard Business Fintech OS -- India's first AI-powered operating system for business payments and spend management. The platform now powers over 22 lakh+ cards, 45 lakh+ downloads and 1000+ businesses, from fast-growing MSMEs and startups to some of India's most recognized enterprise brands.
Tata Sons postpones AGM days after chairman Chandrasekaran announces exit
Tata Sons annual general meeting adjourned
Ceigall India-Sushee Infra Mining joint venture receives four orders worth 2,150 cr
In the CIL-SIML joint venture, Ceigall India holds 74% stake and Sushee Infra Mining's holding was at 26%
Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIF
Godrej Industries Group is entering the private credit market with a new fund. The company aims to raise up to two thousand crore rupees for this venture. This new alternate investment fund will focus on mid-market companies. Financing will be secured by hard collateral and comprehensive covenant protection. The fund targets high net worth and institutional investors for capital.
Godrej Ind to enter pvt credit space, aims to raise 2,000 crore in AIF
GIG said the Godrej Asset Management Company (AMC) will be raising the money in the category-II AIF
