28 C 
Nifty set for positive opening as Asian market rebounds
GIFT Nifty:
Stock Alert: Hexaware Tech, HUDCO, Power Grid, Page Industries
Shares of LIC Housing Finance and SAIL are banned from F&O trading on 3 September 2026.
RBI forex swap scheme attracts $127.23 billion through FCNR(B) deposits
The inflows included $127.23 billion through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, while overseas foreign currency borrowings (OFCBs) contributed $5.26 billion and external commercial borrowings (ECBs) accounted for $3.89 billion.
New York City bans AI for students through 8th grade
New York City public schools will ban generative AI for younger students next year. This one-year moratorium aims to assess student interaction with the technology. High school students will receive AI literacy classes and supervised pilot programs. Companion chatbots are prohibited across all school grades. The city also recommends daily screen time limits for students.
Germany and India are deepening their environmental cooperation and strategic partnership. Both nations are committed to climate adaptation and clean energy initiatives. They will collaborate on circular economy and sustainable resource management practices. This collaboration aims to enhance economic resilience and secure future livelihoods. Discussions at the Indo-German Environment Forum solidified future joint efforts.
Indo-Tech bags Rs 166-cr order from AP TRANSCO
Indo-Tech Transformers has received purchase orders from Andhra Pradesh Transmission Corporation (AP TRANSCO) for manufacture and supply of 26 power transformers worth Rs 165.55 crore.
We have no complaints but Akhilesh Yadav on donation row as Ram Trust to appoint CEO
Boeing paid $3.1 million fine to FAA over widespread safety violations
Boeing paid a $3.1 million fine to the FAA this year for safety violations. These violations included actions tied to the 2024 Alaska Airlines MAX 9 mid-air emergency. The FAA also cited interference with safety officials' independence and unairworthy aircraft. Hundreds of quality system violations were found at Boeing and Spirit AeroSystems factories. A Boeing employee pressured a co-worker to approve a MAX aircraft for delivery.
Hitachi Energy emerges as potential buy on strong order inflows, earnings visibility
Hitachi Energy shares have surged significantly this year on robust revenue growth. The company secured new orders for battery storage and data centers. Its substantial order book provides a strong near-term earnings driver. Future growth is anticipated from high-voltage direct current projects and capacity expansion. Analysts have revised price targets upwards, reflecting strong future prospects.
Happiest Minds shares fall for 5th day as merger concerns weigh
The stock of Happiest Minds Technologies has experienced a significant downturn due to uncertainty related to the ITC Infotech integration. Promoters will cash in, whereas minority shareholders are set to receive shares in the merger. The merger is expected to enhance long-term profitability. Yet, HDFC Securities has downgraded the stock, pointing out the lack of a takeover premium and the anticipated integration time.
The Maharashtra Charity Commissioner has closed a long-standing inquiry into a 1989 share transfer. This decision confirms the transaction complied with all applicable laws at that time. The inquiry was reopened recently amid disputes among Tata universe stakeholders. The Commissioner found the sale was necessitated by tax considerations and proper documentation. This ruling provides relief to Noel Tata regarding inherited shares.
MSCI to drop Swiggy from global indices on September 7
Global index providers MSCI and FTSE are set to revise Swiggy's index treatment shortly. MSCI is removing Swiggy from global indices, which will lead to considerable passive outflows. Additionally, FTSE has modified Swiggy's investability weight due to foreign ownership limits. Together, these alterations are projected to trigger passive outflows surpassing $350 million, causing Swiggy shares to drop on Wednesday after the news broke.
Centre plans interministerial meeting to chart ethanol feedstock strategy
The Centre may seek greater use of grain-based feedstocks to sustain E20 blending as lower sugarcane and maize acreage raises supply concerns.
AB InBev pours more into India, bets on states' policy push
The worlds top brewer is betting big on India, with Karnataka and Maharashtra showing how policy support can boost demand and investment. AB InBev, which has invested $1.5 bn since 2016, says such moves could double beer consumption in five years and put India among the top five markets.
Stocks in news: Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies and Sun Pharma
Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan assets after receiving US approval.
Zerodha unit gets nod for merchant banking
On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, following their application back in April. This pivotal approval enables the firm to facilitate initial public offerings and handle various capital market activities. Although the complete registration process with the regulator remains in progress, Zerodha Corporate Advisors is gearing up to launch its new merchant banking services shortly.
IPO fever surges as 10 August issues cross 100x bids
August witnessed an impressive spike in IPO activity, as ten offerings saw oversubscriptions of more than a hundred times. Leading the charge was Hy-Tech Engineers, garnering bids amounting to over two hundred forty-four times its share allocation. This enthusiastic investor response not only shattered previous monthly records but also positioned 2026 as a standout year for IPOs, matching the fervor last recorded in 2024.
FCNR(B) inflows flood banks, send CD rates tumbling
Three-month CD rates have fallen to around 6.30% at the end of August from about 7.30% at the end of March, marking a decline of roughly 100 basis points.
Big Branchs recovery is ultimately a reminder that environmental restoration is often measured in years rather than weeks. The stream did not improve because of a single cleanup project; its progress followed years of watershed planning, agricultural conservation, technical assistance, local participation and public funding.
Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significantly by March 2027. This improvement stems from microfinance portfolio recovery and stable non-microfinance growth. Tighter underwriting practices have strengthened borrower selection in microfinance portfolios. Borrower over-indebtedness caused past credit stress in microfinance books.
'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profits
Credit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing interest income. Interest-bearing balances have significantly fallen as a percentage of total card spending. This trend is impacting major lenders like HDFC Bank and SBI Cards. Analysts predict further profit margin declines in the coming years.
Thoma Bravo explores $2 billion-plus sale of Foundation Software, sources say
FOUNDATION-M-A:Thoma Bravo explores $2 billion-plus sale of Foundation Software, sources say
VR LIVIN Launches 'THE FIRST', an 83-Villa Gated Community in Madhavaram, North Chennai
Chennai (Tamil Nadu) [India], September 2: VR LIVIN Ventures LLP has launched 'THE FIRST', an 83-villa gated residential community in Madhavaram, North Chennai, with the project recording sales of 20 villas during the first two days of its launch.
In response to challenges regarding Indias 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims made by opposition figures and a past finance secretary. He underscored India's stability in the face of global economic turmoil, pointing to high job prospects within the textile sector. Goyal condemned the efforts of critics aiming to mislead the public about the nations economic health.
DGGI seeks payment trail to crack down on illegal betting networks
The DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps exploited by betting operations. The agency's probe uncovered a betting ecosystem estimated at seventy thousand crore rupees. Recommendations will undergo wider consultation with payment entities and banks. This initiative seeks to trace transactions and identify illicit fund routing networks.
Fort Lewis Army Base used staff training, equipment upgrades, renovation projects, and improved operating practices to strengthen building energy efficiency. In 2003, its Public Works Department hosted a BOC Level I course for twenty-five Maintenance and Repair Division employees and other Public Works staff. The training helped employees expand their knowledge of building systems, energy conservation, indoor air quality, and equipment operation. The base also worked on energy-efficient lighting, motors, HVAC and mechanical systems, windows, and integrated controls.
Amazon has announced that it will shut down its Mechanical Turk crowdsourcing platform on September 30, 2026, after two decades of connecting global workers with online tasks. The ongoing advancements in AI have led to a decline in human involvement in these digital jobs. This decision highlights a significant transition in the workforce dynamics between humans and AI, affecting many who depended on the platform for flexible job opportunities.
Mumbai (Maharashtra) [India], September 2: Healthcare is often approached only when a symptom becomes too difficult to ignore. TruPeak Health starts by looking closely at the individual through clinical assessment, relevant biomarkers and diagnostics, and using that understanding to guide truly personalised care.
Quote of the day by Charlie Munger: You look at Carnegie and Franklin... and see how much of their knowledge came from teaching themselves through reading. The idea reaches beyond books, touching the way people handle work, uncertainty, mistakes and important decisions when no one else can provide the answer. The deeper lesson is that curiosity builds judgment over time, helping us think independently, learn from experience and understand that education does not end when formal schooling does.
Best German Proverb of the Day: Dont paint the devil on the wall is a German proverb cautioning against imagining trouble before it happens. Its vivid imagery offers a lesson in handling uncertainty without turning possibilities into fears. The proverb encourages people to remain realistic, avoid needless pessimism and focus on what is actually happening rather than constantly anticipating the worst.
Scientists identified Praearcturus gigas as the largest known scorpion, measuring one meter long. This ancient predator lived approximately 415 million years ago during the Early Devonian period. Researchers re-examined museum fossils, revealing new details about its anatomy and lifestyle. The discovery challenges previous explanations for giant arthropod sizes. This finding highlights the ongoing scientific value of historical museum collections.
Iranian air, water and virtual assets on Washington's hit list
Bessent, asked about Russian support for Iran in an interview on Fox News following a G20 gathering in North Carolina this week, also warned everyone against backing Tehran. My message to everyone is stay away. We all want this conflict to end, and the fastest way for the conflict to end is for no one to provide any support to this regime, he told Fox & Friends one day after Russian President Vladimir Putin threw his support behind Iran.
Bosnian proverb of the day: A Bosnian saying advises against quick judgments based solely on visible distress. Emotions can influence perception, making careful consideration essential for understanding. First impressions do not always reveal the complete truth of a situation. Compassion and good judgment should work together when assessing others.
Quote of the day by Russell Crowe, The secret to riches is the same as the secret to comedy timing, explains how success can depend on choosing the right moment. The quote connects wealth creation, market entry, patience, preparation, opportunity and execution. It also reflects Russell Crowes character Max Skinner in A Good Year.
S Jaishankar to visit Ukraine, Poland ahead of BRICS
Starting Thursday, external affairs minister S Jaishankar embarks on a three-day journey to Ukraine and Poland amid rising fears of the Russia-Ukraine conflict. He plans to engage in bilateral dialogues with both Ukrainian and Polish officials, with a focus on the recent assaults on Indian seafarers in the Black Sea region. The visit aims to strengthen diplomatic ties and discuss ongoing developments in the region.
Validating practice of baby factories: Birthright citizenship hearing erupts over SCOTUS decision
India joins talks to set up SCO Development Bank
India is taking notable steps to establish a new SCO Development Bank, with member nations moving towards finalizing the foundational documents for this crucial financial entity. Both Russia and Kazakhstan have shown interest in hosting the headquarters. The bank aims to finance collaborative economic projects while enhancing trade partnerships, marking a significant push for financial independence from traditional systems used for manipulation.
Anthropic is back on Trumps right side after Pentagon feud, Lutnick says- What changed?
Anthropic is back on the Trump administrations right side after its bitter Pentagon dispute, with new signs of a striking Washington reset.
Lady that hit your kid didnt have a driver's license?: Moore asks grieving mother of crash victim
Why Russia should end its endless war
India's Prime Minister Narendra Modi urged Russia to end the Ukraine war. This call for peace aligns with India's long-standing stance on avoiding conflict. Russia faces severe economic and military consequences from the ongoing protracted war. Ending the conflict would allow Russia to rebuild its strength and economy. Peace in Ukraine also benefits global supply chains and international stability.
Quote of the day by James Joyce: James Joyce believed actions reveal true thoughts and feelings more than words. His famous quote highlights that behavior offers a clearer understanding of individuals. Joyce, an influential Irish novelist, shaped 20th-century Modernist literature significantly.
BRICS Summit: Arctic partnership to figure high in Modi-Putin meet
India and Russia are ramping up their collaboration in the Arctic, with a strong focus on resource development. A meeting between President Putin and Prime Minister Modi next week will delve into this burgeoning partnership. India is set to launch its inaugural cargo ship along the Northern Sea Route next year, promising substantial reductions in travel distance and time for European trade.
In 2015, scientists released fluorescent dye into Floridas Silver River: Heres what they discovered
A 2015 University of Florida experiment used five gallons of fluorescent dye to track water movement through a 5.1-mile section of Floridas Silver River. Researchers measured travel and residence times and compared the findings with earlier tracer data to study changing flow conditions. The work also helped investigate links between river hydraulics, nutrient movement and increasing algal growth.
States unanimous on shift to Computer-based exams; government centres
State governments show strong backing for Computer Based Testing in entrance exams, emphasizing the need for reliable, government-supported testing facilities along with high quality standards. Discussions also revolved around a sustainable funding model for establishing these centers. Led by Nandan Nilekani, the task force is advocating for complete digitization of the process, with recommendations anticipated before October to prepare for the 2027 exam cycle.
Sports Ministry approves 246-strong contingent of support staff for Asiad
The Sports Ministry has greenlit a massive Indian delegation for the Asian Games, comprising 768 members, including 503 athletes and 246 officials. The athletics team is the largest contingent at 79 members plus 31 support personnel. India is poised to showcase its talents in 36 sports, with the opening ceremony set for September 19 in Japan.
Google dodges forced AdX sale as US judge orders changes to ad tech business
Alphabet Inc.s Google doesnt have to sell off its advertising exchange and instead must make its ad tech tools work with those operated by rivals, a federal judge ruled Wednesday, in a move that saves the tech giant from a second bid to force a breakup.
Need stronger governance, internal controls in urban cooperative banks: RBI Deputy Guv
In a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt technological advancements. He pointed out the critical need for better collaboration between the RBI and cooperative authorities. Deputy Governor Shirish Chandra Murmu reinforced the importance of having professional boards and solid internal controls. Additionally, Shiv Pal Singh emphasized the need for swift handling of liquidation processes within banks.
Hexaware names EXL's Vivek Jetley CEO as Srikrishna exits after 12 years
Ramakarthikeyan Srikrishna, 56, was among India's longest-serving CEOs and oversaw Hexawares return to the stock exchanges in February last year. He will remain with the company as a senior advisor and is expected to hand over the reins to Jetley on 28 October 2026.
VinFast said to put brakes on making some cars in India, sources and memo say
The suspension marks another setback for loss-making VinFast, which turned to India after difficulties in gaining market share in the U.S. and Europe
The proposed project received a major boost in July after the Public Investment Board approved the 8.4-km elevated corridor between Noida Sector 51 and Greater Noida West Sector 4.
La Caisse acquires 24% stake in Altius Telecom Infrastructure Trust for 12,100 crore
Global investment group La Caisse and Brookfield... announced that La Caisse has invested approximately 121 billion to acquire a 24% stake in Altius Telecom Infrastructure Trust, said a statement
John Ternus takes over as Apple CEO with $110 million in stock: What could push it to $148 million
Apple's new CEO, John Ternus, received a $3 million salary and $2.5 million in restricted stock units. His potential earnings could exceed $148 million, including existing stock holdings and future performance-based awards tied to shareholder returns.
Adobe acquires Indian AI automation startup Rilo to boost agentic push
The deal marks Adobe's second known acquisition of an Indian firm as it expands its push into agentic marketing and AI-powered automation
The Rudan Brothers set out to repair a Canadian couples damaged roof for free but decided to transform their entire home after learning the wife was battling two forms of cancer and preparing to begin chemotherapy. With help from neighbours, friends and the local community, the brothers completed a remarkable home makeover.
'My judgment fell short, but': Chuck Edwards' beyond inappropriate conduct sparks House rebuke
SoftBank to offload 1.5% stake in Meesho via block deal
The floor price for theshares have been set at 205 rupees per share, representing a 3.1% discount to Meesho's closing price on NSE. The total deal is worth about $151 million.
UrbanVault forays into Chennai with 1,00,000 sq ft of office space across three properties
Chennai is UrbanVaults seventh city, taking its national portfolio to more than 3 million sq ft across 80+ centres
Finance Ministry asks state-owned general insurers to focus on profitable lines of business
Public sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation are encouraged for operational efficiency. Improved customer outreach and social media engagement will enhance product awareness. Companies should increase insurance penetration and reduce protection gaps. Performance monitoring will be strengthened through a standardised KPI framework.
LICs SAIL holding slips below 5% after insurer offloads 8.26 crore shares
LIC has reduced its stake in SAIL from 6.625% to 4.625% after selling over 8.26 crore shares through market transactions, taking its holding below 5%.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities plunged nearly 1% before recovering, as escalating US-Iran tensions, soaring crude prices and global bond stress battered sentiment. Sensex closed 374 points lower, while Nifty fell 141 points, with analysts warning of continued bearishness below 24,000.
JM Financial Asset Management garners Rs 700 crore from maiden pre-IPO fund
JM Financial Asset Management has secured Rs 700 crore in its pre-IPO fund's first close. This fund targets businesses expected to list publicly within eighteen months. It received commitments from various investors, including family offices and institutions. The fund will invest sector-agnostically in companies with strong fundamentals and growth prospects. JM Financial Asset Management's AIF division enters the growing pre-IPO investment segment.
Novonesis bets 6,660 crore on Maharashtra to build emerging-markets enzyme hub
The investment comes as Novonesis sharply steps up capital expenditure globally
Indias e-commerce market may nearly triple to $345 billion by 2030: Report
Indias e-commerce sector to grow at CAGR of 18.4% through 2030, report estimates
Vivek Jetley to take over as Hexaware CEO
Exiting CEO Srikrishna Ramakarthikeyan will step down from the Board of Directors but remain with the Company as Senior Advisor
Consultations ongoing for introducing tenders for offshore wind in Tamil Nadu: Official
Rajesh Kulhari, Joint Secretary at the Union Renewable Ministry added that the NIWE had completed all the feasibility studies for the same.
Himachal teacher shortage leaves 150 schools empty; 3,500 with one teacher
Many Himachal Pradesh schools operate without teachers, and thousands have only one. Remote areas face significant staffing challenges, impacting education delivery. The state government is working to fill vacant teaching positions through rationalization. Despite recent recruitment efforts, numerous schools remain understaffed. A new policy is being formulated for single-teacher school appointments.
La Caisse invests 12,100 crore for 24% stake in Altius telecom tower platform
The Canadian pension group becomes one of the major stakeholders in the Brookfield telecom tower asset
Manipur Assembly urges Centre to update NRC before Census
Manipur Assembly reaffirmed its demand for an updated National Register of Citizens. The Union government deferred census operations in Manipur due to protests. The Manipur High Court also put a hold on census-related exercises. Home Minister Govindas Konthoujam urged leaders to restore peace and trust. The state government remains determined to protect Manipur's integrity.
Wildfires in England and Wales have hit a record level, fire chiefs said, warning that rescue services were battling to keep up with rising risks a day after fires raced from tinder-dry fields to engulf houses on the hottest day of the year.
India an indispensable link in global automotive supply chain, says US Ambassador Sergio Gor
Agricultural best management practices improved water quality in the Brushy Fork subwatershed. Nutrient and phosphorus inputs were reduced, benefiting aquatic habitats significantly. Stream segments are now proposed for delisting due to these conservation efforts. Local engagement and sustained implementation drove the project's overall success. These actions demonstrate effective watershed restoration and community stewardship.
Auto industry calls for deeper localisation to strengthen Indias global manufacturing ambitions
Auto industry leaders comments underline a broader shift in Indias automotive strategy from increasing local content to developing indigenous capabilities in critical technologies and inputs.
Indian households are spending more on FMCG products but purchase occasions decline
In high-frequency shopping trips categories, consumers opting for bigger formats, premium options
Bowel cancer before 50 may not be the same disease: Heres what happens when it spreads to the liver
A major Australian study of 1,691 patients with advanced bowel cancer has found that younger adults whose cancer had spread to the liver showed important differences in tumor characteristics, genetic mutations and survival compared with patients diagnosed after age 50. The findings suggest that bowel cancer in younger adults may have distinct biological features
Nepals Prime Minister Balendra Shah has thanked India and China for their assistance after flash floods killed 1,127 people and left nearly 4,900 missing. As rescue operations continue, Nepal is also seeking international accountability over climate-related losses. Foreign Minister Shisir Khanal called for justice and compensation, while Finance Minister Swarnim Wagle estimated reconstruction could cost $4 billion to $5 billion.
Heads or tails? $1 coin with Trump's face and gold finish to go on sale
The US Mint is releasing special USD 1 coins to commemorate America's 250th birthday. These coins feature President Donald Trump's likeness on one side and the Great Seal on the other. Federal law generally prohibits living presidents on currency, but exceptions exist for special issues. The coins, available for purchase, celebrate American heritage from 1776 to 2026.
Quote of the Day by Jane Fonda: Jane Fondas quote, The secret of losing weight is patience, explores the importance of patience, consistency, realistic expectations, and a balanced approach to health and fitness. The quote suggests that meaningful physical changes take time and that sustainable progress comes from developing healthy habits rather than expecting immediate results. It encourages people to remain committed to their goals while treating themselves with patience and self-respect.
BP names interim chairman Ian Tyler as chair with immediate effect
Tyler, who joined BP's board as a non-executive director in April 2025, has served as interim chairman since May and will take over the role with immediate effect
In 1997, the National Park Service replaced electric heaters at Oklahomas Chickasaw National Recreation Area with three solar hot-water systems. Built with the National Renewable Energy Laboratory, the project tackled high utility costs at campground comfort stations. Within two years, the largest system produced 18,194 kilowatt-hours annually. The installation recouped its investment in eight years while cutting long-term energy demands.
Record FCNR (B) inflows as banks mobilise $127 bln
Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes. The FCNR(B) scheme alone accounted for over 93% of these inflows. This influx helped swell foreign exchange reserves to a record high. The swap scheme for ECBs and OFCBs continues until December 2026.
Denmarks Novonesis to invest 6,660 crore in Maharashtra facility expansion
The investment underscores Novonesis strategy of expanding its global manufacturing footprint in markets with strong growth potential; strengthening supply capabilities for customers across Asia, the Middle East and Africa.
Rise in US factory orders beats expectations in July
In July, new factory orders in the United States saw an increase of 0.9%, bouncing back from a previously revised 0.2% decrease. The surge in demand for civilian aircraft and parts was notable, contributing significantly to this rebound. Additionally, motor vehicles and machinery categories reported growth. In contrast, orders for computers and electronic products faced a minor downturn during this timeframe.
India replace Sri Lanka as hosts of inaugural Women's Champions Trophy
In an unexpected twist, the ICC Women's Champions Trophy will now unfold in India, as Sri Lanka was forced to withdraw as the host due to governmental interference. The tournament promises thrilling competition among six teams, all vying for glory in a round-robin league format at the beautiful stadiums in Mumbai and Vadodara.
New CEO Aasif Malbari outlines clean-up plan for Godrej Consumer
Aasif Malbari, former CFO of Godrej Consumer Products, took over the top job in August after Sudhir Sitapati's unexpected resignation.
Hexaware names Vivek Jetley CEO Designate, to take charge in October
Vivek Jetley will take over as CEO on October 28, while Srikrishna Ramakarthikeyan will step down after 12 years and remain with the company as senior advisor
India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challenges pose a threat to sustained corporate profits. Meanwhile, SEBI's auction initiative aims to bolster market integrity and enhance price discovery. Although RBI's new deposit guidelines provide some temporary relief amidst foreign exchange pressures, they don't offer a lasting solution.
Flipkart enters micro-drama market, partners TTT, Pratilipi
Flipkart has partnered with Terribly Tiny Tales (TTT) and Nexus Venture Partners-backed Pratilipi, among others, to produce micro-dramas exclusively for the platform
Mumbai (Maharashtra) [India], September 2: Anime India Mumbai 2026, an initiative by AnimationXpress, concluded on 30 August at NESCO Exhibition Centre, Goregaon, Mumbai, with a massive gathering of anime fans and a high-energy concert that brought the three-day celebration to a spectacular close. Drawing over 45,000 attendees, the event marked one of the biggest celebrations of anime and Japanese pop culture in the city, bringing together fans, creators, artists, performers, gamers, cosplayers and industry professionals under one roof.
Syrma SGS, Elemaster open high-reliability electronics facility in Bengaluru
The Bommasandra facility, equipped with SMT, THT, and box-build assembly lines, will cater to railway, transportation, energy, industrial, and medical electronics, supporting domestic and global OEMs
IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain
The electric two-wheeler manufacturer Simple Energy is on the hunt for significant capital investment to elevate its production capabilities and fortify its supply chain operations. The target is to ramp up production to 10,000-12,000 scooters by March, a vital step towards claiming market leadership within eighteen months. Once the funding is secured and production goals met, ambitious IPO strategies are set to follow.
