27 C 
Quote of the day by Florence Nightingale: Live your life while you have it. Life is a splendid gift. There is nothing small in it. Her words centre on using life with intention and finding value in even its ordinary moments. The idea speaks to how we handle uncertainty, setbacks, relationships and the choices that quietly shape our days.
High school student Alex Patrone found a meaningful project during quarantine after receiving a 3D printer for his birthday. After making household items, toys, puzzles, containers, stands, and other products for his family, he decided to combine his interest in 3D printing with his desire to help people who were less fortunate. Through his project, Will Print for Food, Patrone offers 3D-printing services to the public and directs 100% of the profit, after materials and shipping costs, to charity. The selected organizations are Grassroots Crisis Intervention Center and Feeding America, with donations split evenly between the two organizations.
Reese Witherspoons former Libbey Ranch in Ojai was a seven-acre property combining historic architecture with extensive grounds and multiple amenities. Designed by architect Wallace Neff, the property was originally built in 1923 as stables for Edward Libbey. The ranch featured a two-story main house, guest cottages, a carriage house, swimming pool, barn, stables, pastureland and mature oaks. Witherspoons acting career and other real estate holdings were also noted.
Gulf states weigh rare meeting with Iran next week on Hormuz
Gulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hormuz. Escalating hostilities in Yemen may complicate these sensitive diplomatic plans. Iran stated plans are underway for discussions with Gulf neighbors. The Bab el-Mandeb chokepoint has become particularly sensitive for oil markets.
Quote of the Day by Melanie Perkins It's important to tell the story, because if your audience doesn't understand the problem, they won't understand the solutionhighlights a powerful lesson about communication, storytelling and business success. The Canva CEO explains why understanding the problem is essential before presenting a solution, offering an important takeaway for entrepreneurs, leaders, professionals and anyone trying to communicate ideas effectively.
New Delhi [India], September 11: Kyptec Automation is strengthening its specialist industrial imaging portfolio with a focused range of 4K and 8K Line Scan Camera Lenses developed for high speed machine vision, continuous inspection systems, OEM equipment platforms, and industrial imaging integration. The current Kyptec Automation Line Scan Camera Lens portfolio includes three dedicated focal lengths of 25 MM, 35 MM, and 50 MM, with published support for 4K cameras using 7 micrometre pixels and 8K cameras using 3.5 micrometre pixels. By creating one focused optical family across multiple focal lengths and two major line scan resolution classes, Kyptec Automation is building deeper authority around continuous imaging, wide field inspection, optical resolution, working distance, and full field image consistency.
Mumbai (Maharashtra) [India], September 11: PayU, India's leading diversified fintech platform, unveiled its AI-powered Fraud Liability Protect (FLP) solution for Indian merchants accepting international card payments at the Global Fintech Fest 2026. PayU's FLP solution offers risk and liability protection against modern-day AI scams and eligible fraud chargebacks for cross-border card payments through AI and risk-based decisioning, enabling safer and higher payments conversions for merchants.
Russias Sberbank plans major India push, to build business hub
Sberbank CEO Herman Gref announced plans for new financial and technology infrastructure tools. The bank will establish the largest Russian business hub in India, expanding its presence. Sberbank has been developing its financial business in India for sixteen years. Money transfers between India and Russia now take only minutes, improving business opportunities. Two office buildings are under construction and will be commissioned in 2028.
Coforge NRC chair resigns citing differences, tension between directors
In another major boardroom fallout at Coforge, its non-executive independent director and Nomination and Remuneration Committee Chairperson D K Singh has resigned, alleging differences and tension between independent and executive directors. The IT services firm, however, refuted Singh's claims as unfounded and an afterthought, saying his resignation followed an internal audit review that flagged governance lapses in how he and former Chairman O P Bhatt handled a board evaluation exercise. The development comes just days after Bhatt abruptly stepped down as Chairman of Coforge following the internal audit's findings that he and Singh withheld crucial board evaluation reports, including the lowest rating assigned to theChairman's category, from other board members. The former State Bank of India chairman had also failed to secure the required 75 per cent special resolution threshold at the company's Annual General Meeting on August 24 for his reappointment as independent ...
After chairman Bhatt, Coforge NRC chief Singh quits, cites differences in board
The countrys seventh-largest technology services firm announced Singh's resignation on Friday evening.
Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), significantly reducing the time gap in securities settlement, NSDL Managing Director Vijay Chandok said, while noting that wider trading will depend on regulatory approval and market readiness.
SBI to complete software, hardware deployment for DPDP compliance by Dec
State Bank of India (SBI) has procured software and hardware as part of its preparations for compliance with the Digital Personal Data Protection (DPDP) framework, with installation and deployment expected to be completed by December, a senior bank official said on Friday. Procurement of software is done and the deployment will be completed by December for DPDP compliance. Some hardware and software have been procured, and the installation will be done by December, the official said on condition of anonymity. As one of the country's largest banks, SBI processes large volumes of customer and financial data across its banking operations, making data security and privacy an important part of its technology and compliance architecture. The procurement and installation of the technology infrastructure aim to strengthen the bank's systems as it prepares to implement the new data protection regime. The move comes as banks and other organisations that process personal data are preparing
Colgate-Palmolive explores sale of three personal care brands in $1 bn plus deal: Report
Colgate-Palmolive is exploring the sale of mass-market personal care brands like Softsoap and Irish Spring to focus on its core portfolio. The potential sales could exceed $1 billion, with Goldman Sachs assisting in the process, as companies adapt to economic pressures.
SBI developing solution to use UPI data for checking creditworthiness of small biz
State Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiring GST registration for these entities. The bank expects to provide digital loans within a single day for eligible borrowers. This new approach will help bring more businesses into the formal finance sector. UPI transactions will serve as a proxy for sales data in loan assessments.
Granules India promoter Krishna Prasad Chigurupati sold 1.72 crore shares worth about Rs 1,500 crore through block and open-market deals. The sale funds the second tranche of a preferential issue, while promoter holding falls to 31.08% following the transaction today.
UPIs Tap & Pay, MYUPI shifts focus from payments to experience
For fintechs, the developments could mean that competition will increasingly move beyond payment processing and towards the quality of the overall customer and merchant experience
Sarvam introduces core intelligence factory for third biggest shift in Indias BFSI
Stating that AI is the third biggest shift for the BFSI sector, Head of Applied AI at Sarvam Vedant Trivedi said the country is still in its first year when it comes to the AI revolution
Drydocks World and Cochin Shipyard form JV to strengthen Indias ship repair industry
The joint venture will expand the International Ship Repair Facility to service more vessels and strengthen Kochis position as a maritime services hub
Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEO
Bank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately three months of the bank's lending requirements. The Reserve Bank of India announced this special deposit scheme to strengthen liquidity positions. Banks are diversifying their deposit bases amid increasing credit demand from customers. The bank will maintain its 15-17 percent credit growth target for the year.
'Not just marriage with brother, more illegal stuff': Mullin drops bombshell on Ilhan Omar probe
Henry Xie, a 17-year-old Portland student developed a way to transfer empathy from large AI models to smaller models for his Regeneron Science Talent Search computer science project. His Science project could help make more caring, human-centered AI available on smartphones and everyday devices without requiring the massive computing power of large models.
Bank deposits grow 17.8% in August, fastest in decade as FCNR-B inflows mask local mobilisation woes
Bank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits after the RBI opened a special window for dollar inflows. Credit growth eased slightly to 19.1%, while banks continued to face challenges in mobilising domestic savings.
Pakistan captain Babar Azam reached significant captaincy milestones during the Edgbaston Test. He surpassed 2,000 Test runs as captain and 7,000 international runs. England posted a substantial first-innings total after bowling Pakistan out cheaply. Pakistan responded better in their second innings, aiming to reduce the deficit. The match saw notable batting performances from both sides.
I was bleeding to death: COVID vaccine injury victim's emotional testimony stuns lawmakers
IndusInd Bank slapped with 1 cr penalty by IRDAI for corporate agent norms violation
The action follows an onsite inspection conducted during June 2023 and subsequent enforcement proceedings.
Dollar deluge prompts 1 trillion OMO; enough liquidity tools, says RBI governor
System liquidity crossing 11 trillion earlier this month has already prompted the central bank to withdraw surplus liquidity of over 8 trillion through multiple VRRR auctions.
IRDAI imposes 1 cr penalty on Canara HSBC Life for mis-selling policy to 88-year-old
Initiating proceedings, suo motu, on a social media post, IRDAI observed that the product specified an entry age of 30 to 80 years.
States should not cap road-tax benefits for EVs based on price: BMW India
BMW India chief Hardeep Singh Brar says price-based caps on EV road-tax benefits could push luxury-car buyers to neighbouring states and weaken the clean-vehicle transition
NSEL settlement scheme: Sebi settles proceedings against 91 commodity brokers
Sebi has concluded its proceedings against ninety-one commodity brokers linked to the NSEL issue, allowing these firms to participate in a settlement scheme. Many brokers consented to temporary limitations on proprietary trading and onboarding new clients, with some remitting settlement fees of up to thirty-six lakh rupees. This move aligns with the directive from the Securities Appellate Tribunal regarding an orderly settlement process.
NSE's IPO to be second biggest till now as offer size cut, price band lowered
India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial public offering. Existing investors will sell fewer shares at a revised price band, aiming to raise between Rs 21,494 crore and Rs 22,569 crore. The public can subscribe from September 17 to September 21, with the official listing set for September 24, marking a pivotal advancement for NSE.
BMW India to hike prices again due to rupee depreciation, commodity costs
BMW Group India will soon hike prices of vehicles across its portfolio, the fourth increase during this calendar year, as high commodity costs and rupee depreciation continue to pressure margins, the German luxury car maker's President and CEO Hardeep Singh Brar said on Friday. The auto maker has cumulatively hiked prices by up to 5 per cent for the BMW and MINI vehicle portfolios spread across three price revisions in 2026 till now in India. Speaking to reporters, the BMW Group India President and CEO said, The forex has hit us quite a bit. We have increased prices by 4-5 per cent till now and there's another one around the corner. So the prices will continue to go up for us because of the pressure of forex, of commodities, etc. We have already done three (price) increases this year and there's another one around the corner. We are considering it (the next price hike) may be, next month. Since last year January it (forex) has deteriorated about 18 pc. He was speaking after the
Distribution expansion, new products to drive HDFC AMC's growth prospects
HDFC AMC is betting on wider distribution, new products and alternative investments to drive AUM growth, even as higher costs and margin pressure weigh on performance
Silver Touch Technologies secures comprehensive IT services contract from Gujarat Urja Vikas Nigam
This engagement covers the computer servers, storage Systems, SAN-Switches, Tape Library and backup architecture with Silver Touch committed to ensuring application uptime services at a 99% SLA that empower GUVNL's e-Urja platform, the ERP backbone connecting the state's electricity generation, transmission and distribution utilities and serving over a crore consumer.
Raymond's aerospace arm wins order from leading Indian aerospace and defence major
With annual business potential of Rs 33 cr
BMW India to hike prices again on pressures from rupee depreciation, high commodity costs: CEO
The prices will continue to go up for us because of the pressure of forex, of commodities, etc and so on
US supplied almost three-fourth of Indias LPG imports in August
India imported about 0.62 mt of LPG from the US in August, after bringing in 0.89 mt in July, OPEC said on Friday
Ai+ Smartphone Takes Over Rajouri Garden Metro Station in Landmark Delhi Metro Association
New Delhi [India], September 11: Ai+ Smartphone today announced its association with Rajouri Garden Metro Station, bringing the brand into one of Delhi's most prominent everyday commuter touchpoints. As part of the association, the station will take on the branded identity Ai+ NOVA Smartphone Rajouri Garden Metro Station.
Metas Muse $20 vs $100 AI plans: How much revenue can its paid AI agent really generate?
Meta's new AI agent, launched on September 8, offers paid subscription plans of $20 and $100 monthly, but revenue remains small compared to its advertising earnings. The focus is on heavy users, while most will likely use the free tier.
Piston Raises USD 15 Million to Scale the Infrastructure Layer for Logistics Commerce
Kolkata (West Bengal) [India], September 11: Piston, a cardless payments platform that connects commercial fleets and gas stations, today announced it has raised USD 15 million in Series A funding. FPV Ventures led the round, with participation from existing investors Spark Capital and Pear VC. The financing brings Piston's total capital raised to USD 22.5 million.
HSBC's Anita Mishra to move to London; Hiren Sanghvi to head India markets
Hiren Sanghvi will replace her as head of markets and securities services in India
Tata Trusts reviews ongoing projects, skips discussion on Chandras successor
There was discussion on projects related to water conservation and education at the trust meeting
SBICAP Securities ties up with Appreciate to offer Indian investors access to 8,000+ global stocks
The partnership makes SBICAP Securities one of the few platforms in India to offer access through both GIFT City-based Global Access Providers, India INX GA, and NSEIXGA, under a single platform
MPC will reassess growth-inflation dynamics at next meeting: RBI Governor
Reserve Bank's Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month amid rising prices of crude oil due to the ongoing West Asia crisis, Governor Sanjay Malhotra said on Friday. In an interview to CNBC-TV18, the governor also said nearly 50 per cent of the Foreign Currency Non-Resident (Bank), or FCNR(B) deposits, mobilised under the forex swap facility is for 5-year tenor. The inflows under the FCNR (B) deposits totalled USD 127.22 billion in the recently concluded RBI swap facility. On inflation, Malhotra said the rising crude oil prices will have an impact but it will depend on how much is passed through, he said. Crude has gone up. July was for the Indian basket an average of 82 billion dollars. August it has gone up to 90 billion dollars and so that will certainly have some impact, but it will depend again on the pass-through, Malhotra said in the interview. According to him, the government has to a great degree absorbed and .
Manipal Payment and Identity Solutions IPO subscribed 1.42 times
The offer received bids for 1.85 crore shares as against 1.30 crore shares on offer.
Asset Reconstruction Company (India) IPO subscribed 20.10 times
The offer received bids for 74.19 crore shares as against 3.69 crore shares on offer.
Rentomojo IPO subscribed 72.88 times
The offer received bids for 158.68 crore shares as against 2.17 lakh shares on offer.
Manika Plastech IPO subscribed 1.42 times on day 1
The offer received bids for 3.04 crore shares as against 2.13 crore shares on offer.
Steamhouse India IPO subscribed 30.49 times
The offer received bids for 114.74 crore shares as against 3.76 crore shares on offer.
Karamtara Engineering IPO subscribed 62.63 times
The offer received bids for 159.17 crore shares as against 54.43 lakh shares on offer.
LCC Projects IPO subscribed 48.51 times
The offer received bids for 101.52 crore shares as against 54.43 lakh shares on offer.
Mirpur Chaturmas: A Unique Journey of Silence, Meditation and Inner Peace
Mirpur (Uttarakhand) [India], September 11: Away from everyday stress, the 1,300-year-old Shri Hamirpura Parshwanath Jain Tirth in Rajasthan's Sirohi district has emerged as a unique centre of spiritual practice. The ongoing 'Nij Mein Nivas-Mirpur Chaturmas' has brought together devotees who have taken a vow of silence and voluntarily given up the use of mobile phones. The 50-day spiritual retreat, which began on July 28, will continue until September 16.
Nifty ends below 23,400 as crude surge, rising yields pressure equities
The key equity indices ended lower on Friday after a gap-down opening, as escalating tensions in the Middle East and a sharp rise in crude oil prices weighed on investor sentiment. The sell-off eased from the day's lows, but the Nifty remained below the 23,400 level, dragged by weakness in metal and auto shares. Brent crude surged amid concerns over supply disruptions, while the US 10-year Treasury yield moved close to 5%, adding to pressure on risk assets.
Quick Wrap: Nifty Realty Index falls 2.70%
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Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key strait
Yemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key global shipping lane. Saudi Arabia responded with airstrikes against the port city of Mokha, which the Houthis captured. The rebels' territorial gains could boost Iran's strategy to pressure the United States.
Prakash Industries gets environment clearance for Bhaskarpara Coal Mine expansion
West Bengal: Powerful explosion in TMC leader's abandoned house; no casualty
The blast took place around 2 am at the house of Trinamool Congress (TMC) leader Dwijen Mondal near Lal Pol in Uttarbhag area of Baruipur East, police said, quoting local residents.
'What a tragic fall from Singh is King': Congress slams 'weak Modi govt' over controversial US ad
Congress has criticized the Modi government for its silence on a US Department of Homeland Security advertisement. The advertisement asked 'Mr Singh' to self-deport, sparking controversy and accusations of racism. Congress stated the Modi government appears weak and unable to advocate for India's interests. This incident follows previous instances of perceived humiliation for Indians under the current administration. The party demands accountability for the government's perceived diplomatic failures and silence.
RBI deputy governor Murmu calls for stronger human accountability as finance automates
RBI deputy governor S. C. Murmu said automation cannot dilute lenders accountability, while payment systems must strengthen resilience, fraud controls and customer protection.
In a remarkable archaeological find, researchers in Poland have discovered a 5,000-year-old burial site from the Stone Age, situated close to a Roman cemetery. The grave housed a nearly intact male skeleton alongside two other skulls, amber beads, a flint knife, a stone ax and a necklace made of 42 sharp teeth. The grave was discovered at an archaeological site near Zorawina, in southern Poland.
School Holiday Tomorrow: On Saturday, September 12, 2026, most Indian schools are set to operate as usual. However, due to the second Saturday of the month, several institutions may shut down. Additionally, some districts could implement weather-related closures for student safety. Parents are encouraged to confirm the holiday status with their specific school and keep an eye on local administration updates for any changes.
Sebi proposes extending IT, cyber security framework of MIIs to their arms
Sebi proposed extending IT and cyber security rules to subsidiaries of market infrastructure institutions. This move aims to strengthen regulatory oversight over these evolving business structures. Subsidiaries undertaking core MII activities will now follow parent company's cybersecurity frameworks. Exemptions can be sought if subsidiaries do not meet specific criteria. Public comments on this proposal are due by October 2.
Bank of India plans to raise $1 billion via OFCBs by December
Bank of India plans $1 billion overseas borrowing after raising $2.2 billion through FCNR(B) deposits as lenders seek to benefit from the RBIs hedging subsidy.
Prime Minister Narendra Modi on Friday expressed confidence that people-to-people ties between India and Russia will grow further with the translation of the Thirukkural into Russian, as he gifted the Russian version of the classical Tamil scripture to Russian President Vladimir Putin during their bilateral talks in New Delhi.
Satin Finserv Limited has announced the launch of ' The Climate Edition', a national initiative aimed at discovering and supporting students and early-stage startups building solutions to some of the most pressing climate and environmental challenges.
Trump rejects Saudi request for strikes on Houthis: Axios
The Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Saudi-backed government forces, killing hundreds.
Prasol Chemicals IPO subscribed 3.30 times
The offer received bids for 1.79 crore shares as against 54.43 lakh shares on offer.
Can Fin Homes strengthens its technology landscape with Project Tejas
Can Fin Homes has been progressively strengthening its technology landscape to build a connected, agile and future-ready organisation. In this direction, Project Tejas symbolises a paradigm shift towards a digital future for Can Fin Homes. The acronym 'TEJAS' stands for Tech Enhanced Journey for Agility C Scalability.
Vikram Solar secures 124 MW module supply order for solar project in Andhra Pradesh
Vikram Solar has secured a 124 MW module supply order for a solar project in Anantapur, Andhra Pradesh. The order is placed by Capital Energy.
Ashok Leyland expands Karnataka footprint with new dealership in Raichur
This is the 12th Light Commercial Vehicle dealership in the state, enhancing its LCV distribution network to over 945 customer touchpoints nationwide
Ultraviolette Auto eyes funding from Yali, Speciale and TDK as part of ongoing round
Ultraviolette is stitching together over 500 crore from new and existing investors as it steps up manufacturing in Karnataka and Tamil Nadu and expands its electric two-wheeler portfolio.
Mint Explainer| How quick commerce is changing Indias super-app strategy
Quick commerce has grown from being an extension of grocery delivery into a much larger business for several consumer companies. Do platforms really need a separate app for their offerings?
Decathlon India's wholesale business grows 20-fold in 5 years, contributes 10% of revenue
Decathlon Indias revenue for the financial year ending March 31, 2025, was 4,133.10 crore. It has not yet filed FY26 numbers with the Registrar of Companies
Nifty trades below 23,400 level; auto share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 104.74 points or 0.14% to 74,795.53. The Nifty 50 index lost 60.35 points or 0.25% to 23,416.40.
To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is insufficient. While AI holds the promise to connect more individuals with insurance, accessibility issues persist. Special attention is needed for the often-overlooked 'missing middle' demographic. Establishing consumer trust and providing adequate coverage are key to broadening insurance use. Defining shared responsibilities is essential for achieving universal insurance access.
Japanese stocks fall as oil prices and bond yields rise
Investors also remained cautious ahead of the US CPI report. Thursdays stronger-than-expected producer price data raised expectations that the Federal Reserve could raise interest rates next week.
China stocks fall as oil prices and US yields rise
Investor sentiment was hurt by higher oil prices and rising US Treasury yields. Oil prices stayed elevated after Trump said he did not expect the Iran war to end before the November midterm elections, adding to concerns that crude prices could remain high.
India's new business transition economy: What happens after a business is built?
New Delhi [India], September 11: India's entrepreneurial story is gradually entering its next defining chapter, one that goes beyond starting and scaling businesses to answering a more complex question: what happens after the business is built?
Decathlon India's wholesale business grows 20-fold, adds 10% to revenue
Decathlon Sports India, leading sports goods manufacturer and retailer, on Friday said its wholesale or Business-to-business (B2B) business has grown 20-fold over the last five years and the vertical contributed about 10 per cent to the total revenue. According to RoC filings, Decathlon India's revenue from operations was Rs 4,133.10 crore for the financial year ended on March 31, 2025. It is yet to file the FY26 numbers with the Registrar of Companies (RoC). The wholesale business now delivers to more than 20,000 pin codes across India, covering over 90 per cent of the country. Tier 2 and Tier 3 regions, including high-altitude terrains across Jammu & Kashmir, Leh & Ladakh, Himachal Pradesh and the Northeast, contribute more than 40 per cent of total B2B revenues, the company said in a statement. Decathlon India's wholesale arm is evolving into an integrated sports solutions partner, expanding its footprint to defence establishments, government bodies and over 20,000 ...
Jefferies' 25% CAGR club: Paytm, Groww among 5 financial stocks that can deliver up to 25% returns
Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks.
Jefferies cuts KEI Industries target price by 11%. Will UltraTechs entry put the company at risk?
Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement
Steamhouse IPO Day 3: Subscription hit 8.36x, GMP signals 28% listing gain
Steamhouse Indias IPO was subscribed 8.36 times by 1 pm on Day 3, led by strong demand from non-institutional investors. The issues grey market premium stood at Rs 23, indicating a potential 28% listing gain over the Rs 81 upper price band. The IPO closes on September 11, 2026.
DreamFolks is moving beyond airport lounges. Can it regain lost ground?
DreamFolks expects to return to its pre-lounge-exit revenue by 2030, but with a radically different business mix spanning travel, dining, wellness, golf and railway lounges.
Hidden goldmine! How NSE IPO will unlock Rs 95,000 crore value for over 20 listed companies
The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore.
Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility with nil observations
The company stated that the USFDA conducted an onsite bioequivalence inspection from August 31 to September 10, 2026
AXISCADES acquires majority stake in Cloud Wave and its subsidiaries
Consequent to completion of this acquisition and other closing conditions as mentioned in the Transaction Documents, Cloud Wave, Protohubs and Aureate have become subsidiaries of the Company, and Protohubs and Aureate have become step-down subsidiaries of the Company.
QClairvoyance Quantum Labs, IITM-C-DOT Samgnya tie up on quantum tech
The partnership will focus on quantum computing, algorithms, AI and post-quantum cybersecurity, with emphasis on research, validation and eventual deployment
Earning in dollars doesnt make NRIs better investors: Currency advantage alone isnt enough
For NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing power. However, experts caution that currency strength alone does not make someone a better investor.
Benchmarks come off the day's high; European markets trade flat
The benchmark indices came off the day's high in afternoon trade as a weakening rupee, higher crude oil prices and elevated global bond yields weighed on sentiment. The Nifty slipped below the 23,350 level. Realty, financials and oil & gas stocks declined while IT & media shares managed to buck the trend.
Indias data centre surge is powering a massive boom in sales of generator sets
With data centres operating continuously, generator sets have become imperative to keep their IT infrastructure, cooling systems and lighting running in the event of an outage.
Uber exits Nigeria, Uganda: Why ride-hailing giant is pulling back from African markets | Explained
Notably, Uber's exit from Nigeria and Uganda came the same day Uber CEO Dara Khosrowshahi said the company would cut its global workforce by 10%.
