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E-Sutra Named Official India Partner of the STO Foundation/Tokenized Asset Foundation
New Delhi [India], September 16: The STO Foundation/Tokenized Asset Foundation and E-Sutra, India's Web3 Alliance, today announced a strategic partnership designed to connect India's growing tokenised asset market with the wider global ecosystem for real-world asset tokenisation and digital securities.
Nifty holds above 23,250 level; European shares trade mostly in green
The benchmark indices traded near the day's high in afternoon trade, tracking positive cues from Asian markets as the recent rally in crude oil prices paused. Investors remained cautious ahead of the US Federal Reserves policy meeting later today. The Nifty surged above the 23,250 mark, indicating some recovery in market sentiment.
Poojaa Precision Engg commissions solar power project in Nanded, Maharashtra
Equitas Small Finance Bank approves Lower Tier II NCD issuance up to Rs 500 cr
At board meeting held on 16 September 2026
Alkem Labs launches epilepsy management drug Cenobamate in India
Alkem Laboratories has announced the launch of NeuCeno (cenobamate), anti-seizure medication (ASM) for the treatment of partial-onset seizures in adult patients.
Praj Industries inks development & commercialization agreement for bio-isobutanol with Gevo
Praj Industries said that it signed a development & commercialization agreement for bio-isobutanol (Bio-IBA) technology in India.
Sensex gains 383 pts; media shares advance
At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 383.44 points or 0.52% to 74,387.26. The Nifty 50 index added 144.35 points or 0.63% to 23,259.45.
Mint Explainer| Why Indian Railways is betting on new public-private partnership models?
Indian Railways has a massive investment requirement at a time when its internal revenue generation has remained largely stagnant. Will the new models help it overcome challenges?
Pound gains traction against dollar as UK CPI accelerates; GBP/INR holds well above 129 mark
The British pound is gaining traction on Wednesday after UK CPI accelerated in line with the market consensus in August, while producer prices beat expectations. Consumer inflation accelerated to 0.5% in the UK in August from 0.3% in July, while the yearly CPI climbed to 3.1% from 2.9%, according to levels released by the UK Office for National Statistics. The core CPI has remained growing at a steady 2.6% pace, in line with market expectations. Meanwhile, Producer Price Index (PPI) rose to a 6.1% year-over-year rate in August from 4.9% in July, above the 5.4% market consensus, and the Output PPI accelerating to 3.7% Y-o-Y from 3.1% in the previous month. GBP/USD ticked higher to trade at $1.3485 but remains 0.3% lower on the week so far, as markets brace for a Federal Reserve rate hike. Feds decision in due later in the global day and will be closely monitored for further cues. On the NSE, GBP/INR futures are seen trading at 129.53, up marginally on the day.
Microdrama effect: streaming services are shortening shows and films to keep viewers hooked
Video-streaming platforms are adapting to changing viewer habits, shifting from traditional long formats to 1525-minute microdramas. This trend is driven by reduced attention spans and the need for quick consumption, leading to more diverse content options.
India, Canada working to close CEPA before end of 2026: Commerce Secy Rajesh Agarwal
India and Canada are working to conclude their Comprehensive Economic Partnership Agreement negotiations this year. The fourth round of talks is currently underway, with two chapters already finalized. Discussions are progressing across all remaining chapters of the proposed agreement. Bilateral trade aims to expand significantly to fifty billion dollars by the year 2030. Both nations are seeking substantial progress given the tight timeline for this agreement.
Army Chief Dhiraj Seth in Russia for 3-day visit to boost military cooperation
Army Chief Gen Dhiraj Seth is visiting Russia for three days starting Wednesday. He will discuss military cooperation and training with Russian officials. Gen Seth will also pay respects at the Tomb of the Unknown Soldier. The visit aims to strengthen the enduring defence relationship between India and Russia. He will also visit a military academy in St. Petersburg.
R R Kabel rises after new Silvassa manufacturing unit goes live
R R Kabel rose 2.22% to Rs 2,434.10 after the company announced the commencement of commercial production at its new manufacturing unit in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.
Allied Blenders receives licence to manufacture of malt spirits from Telangana Excise
Allied Blenders and Distillers said that it has been granted a licence for manufacture of malt spirits for potable purpose by the Commissioner of Prohibition and Excise, Telangana, Hyderabad.
Joi Barua takes India's sound to the stars with NASA-linked project
Indian composer Joi Barua is merging space science with performing arts. His project, Cosmic Rhapsody, connects NASA's astrophysics research with orchestral music. The project will premiere at the Hollywood Bowl in July 2027. It combines live music, animation, and pop songs for an immersive experience. This collaboration highlights the fusion of science and imagination for young audiences.
Amitabh Bachchan plans 20-room dharamshala in Ayodhya named after father Harivansh Rai Bachchan
Amitabh Bachchan has submitted a building plan for a new dharamshala. This facility will be named after his father, Harivansh Rai Bachchan. The proposed dharamshala will offer accommodation and organized facilities to visiting devotees. Ayodhya Development Authority is reviewing the submitted building plan for approval. This initiative contributes to the ongoing development of Ayodhya as a pilgrimage site.
Bain Chair Manny Maceda on the great AI divide between builders and buyers
Maharashtra FDA Commissioner Tukaram Mundhe has cited a survey showing substantial differences between procurement prices and printed MRPs of hospital consumables. An IV infusion set purchased for Rs 11.05 reportedly carried an MRP of Rs 325, while syringes and catheters also showed wide gaps. Mundhe has sought a review and clearer guidelines on permissible differences between trade prices and declared MRPs.
In a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit direct taxpayer engagement. This initiative seeks to foster a unified, dependable ecosystem. Support for small businesses through deferred duty payment schemes will be implemented, paving the way for a near-touchless, paperless operational environment, with stronger technology adoption anticipated in the coming decade.
Park Medi World inks agreement to operate and manage a 300-bed hospital in Kanpur
Park Medi World said that it has entered into a long-term operations and management (O&M) arrangement to operate and manage a 300-bed multi-super speciality hospital in Kanpur, Uttar Pradesh.
Volumes soar at Tata Chemicals Ltd counter
Tata Chemicals Ltd clocked volume of 5.15 lakh shares by 10:45 IST on BSE, a 13.42 times surge over two-week average daily volume of 38377 shares
Sensex, Nifty trade in positive terrain; FMCG shares climb
FMCG shares rebounded after tumbling in the four consecutive trading sessions.
ITPO Transforms Bharat Mandapam into a Digital Cultural Landmark for BRICS and Beyond
New Delhi [India], September 16: The India Trade Promotion Organisation (ITPO) has transformed the faades of exhibition halls at Bharat Mandapam into large-scale digital canvases, adding a new dimension to the venue's role as a platform for international engagement, cultural storytelling and exhibition innovation.
Medical device industry backs Tukaram Mundhe's call for review of pricing rules
Maharashtra FDA commissioner Tukaram Mundhe has written to the Department of Pharmaceuticals and the NPPA, urging regulators to cap trade margins or bring essential device categories under structured price monitoring.
US stocks ease further as market eyes Fed decision
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Park Group undertakes O&M of 300-bed Axis Hospital and Research Centre, Kanpur
Aggarwal Hospital and Research Services, a wholly owned subsidiary of Park Medi World, has today, 16 September 2026, entered into operation and management agreement with Axis Educational Society (AES) for operating and managing a 300-bed multi-super speciality hospital, namely Axis Hospital and Research Centre located in Kanpur, Uttar Pradesh, for a term of 28 years.
Lords Mark Industries completes Phase 1 expansion of Silvassa facility
Lords Mark Industries has successfully completed Phase I of its expansion plan at its Silvassa facility, nearly three months ahead of its originally committed December 2026 timeline. The newly expanded production line is scheduled to commence commercial operations from 11 October 2026.
Mumbai (Maharashtra) [India], September 16: Cordelia Cruises has partnered with Capillary Technologies, a global leader in AI-powered customer loyalty and engagement solutions, to build its upcoming loyalty program as the cruise line enters its next phase of growth.
Prasol Chemicals slips on market debut
Shares of Prasol Chemicals were currently trading at Rs 623.25 at 10:25 IST on the BSE, representing a discount of 7.80% as compared with the issue price of Rs 676.
Exide Industries rises after inking strategic pact with
Exide Industries added 1.08% to Rs 413.55 after the company announced the signing of a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH for the industrial battery business across the European Economic Area (EEA).
Nifty trades above 23,200 level; PSU Bank shares rally
PSU bank shares advanced after declining for two consecutive trading sessions, supported by buying interest across select counters.
Coforge expands focus on operationalizing AI at scale
The next phase of AI transformation to be defined by business outcomes, not AI features
Glass Wall Systems (India) jumps on market debut
Shares of Glass Wall Systems (India) were currently trading at Rs 204.70 at 10:15 IST on the BSE, representing a premium of 12.47% as compared with the issue price of Rs 182.
Orient Green Power Company arm receives upgrade in credit ratings from CRISIL
Kanohar Electricals gains on debut
Shares of Kanohar Electricals were currently trading at Rs 702.65 at 10:05 IST on the BSE, representing a premium of 15.29% as compared with the issue price of Rs 632.
Praj Industries partners with Gevo Inc.
For development and commercialization of Bio-Isobutanol (Bio-IBA) technology in India
GMR Airports August passenger traffic rises 1% YoY
GMR Airports handled around 9.4 million passengers in August 2026, marking a 0.9% year-on-year (YoY) increase in passenger traffic.
Sterlite Technologies Ltd Slides 4.99%
Sterlite Technologies Ltd has added 26.13% over last one month compared to 0.66% fall in BSE Telecommunication index and 4.48% drop in the SENSEX
Indices edge higher; breadth weak
FMCG, PSU Bank and Oil & Gas shares advanced while pharma, metal and realty shares declined.
MOBIKWIK update on introduction of MDR on UPI P2M transactions above Rs 2,000
Payment transactions that were previously not chargeable will now generate revenue for the Company's payments business. The Company expects to earn this revenue in two ways:
South Indian Bank updates on appointment of Mahesh Muralidhar Pai as MD and CEO
Further, to facilitate an orderly transition and enable him to familiarise with the affairs, business operations, policies, systems, governance framework and key functions of the Bank before assuming charge as MD & CEO, the Board has approved that Mahesh Muralidhar Pai be appointed as Officer on Special Duty (OSD) for the interim period, from 16 September 2026 to 30 September 2026.
Smallcap, midcap stocks give 85 multibaggers but pro investors are betting elsewhere
In 2023, while small and mid-cap stocks experienced notable increases, a trend among professional investors is emerging towards largecap companies. This shift stems from concerns over stretched valuations in the smaller sectors, which present limited investment potential. Largecap stocks are viewed as safer bets, boasting greater earnings predictability and attractive price points.
Allied Blenders and Distillers is likely to be in focus after receiving a Telangana excise licence to manufacture malt spirits at its Rangapur facility. The licence allows the company to produce around 4.4 million BL annually, enabling in-house sourcing of malt spirit. The move is expected to support raw material requirements, improve operational efficiencies and strengthen its premium portfolio.
Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.
Manika Plastech IPO Day 3: GMP at 7%, subscription reaches 8.3 times. Key details
Manika Plastechs Rs 125.50-crore IPO entered its final bidding day after being subscribed 8.30 times by Day 2, led by strong retail demand. Its grey market premium fell from 26% to 7%, indicating a modest potential listing gain.
Oracle is cutting jobs even as it plans to spend up to $95 billion on capital expenditure in fiscal 2027, largely as it expands its AI and data-centre infrastructure. CFO Hilary Maxson told employees the focus should be on eliminating low-impact work.
Indian startups need more patient capital beyond VC cycles. Rainmatters Dinesh Pai explains why
Rainmatters Dinesh Pai says Indian startups need more patient, entrepreneurial capital as wealth creation often takes longer than the traditional seven-to-eight-year VC cycle.
Jindal Supreme IPO opens today; GMP signals 29% potential listing gain. Check key details
Jindal Supreme IPO opens today, September 16, and will remain open until September 18. The issue comprises a fresh issue of Rs 99.89 crore and an OFS of Rs 24.99 crore. The IPO is commanding a GMP of around 29% ahead of opening, while allotment is expected on September 21 and listing on NSE and BSE on September 23.
Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler
Shares of Inox Wind, Kaynes Technology India, Bandhan Bank and SAIL are banned from F&O trading on 16 September 2026.
GIFT Nifty hints at cautious rebound ahead of Fed rate verdict
GIFT Nifty:
Billionbrains Garages Ventures shares fell after a large block deal occurred. Peak XV Partners and Sequoia Capital were reportedly selling their stake. Jefferies maintains a Buy rating on the Groww parent company. The brokerage sees significant upside potential from the current stock price. Groww reported strong year-on-year profit growth in its recent quarterly results.
Tata Chemicals among 5 stocks showing RSI trending up
Five Nifty500 stocks were highlighted in the RSI Trending Up scan on September 15, based on data from StockEdge. Tata Chemicals, Firstsource Solutions, Inventurus Knowledge Solutions, Oracle Financial Services Software and Narayana Hrudayalaya recorded rising RSI values, indicating strengthening momentum.
Bharat Forge, Pratt & Whitney to support HALE unmanned aerial vehicle programme
The collaboration supports Indias indigenous unmanned aerial systems efforts under the governments Aatmanirbhar Bharat initiative
IDBI Bank among 4 stocks closing below VWAP
Four Nifty 500 stocks closed more than 2.5% below their respective VWAPs on September 15, according to StockEdges technical scan data, indicating that their closing prices were below their volume-weighted average traded prices.
Prasol Chemicals shares to list today; Check GMP ahead of debut
The Rs 550 crore public issue was priced at Rs 676 per share. The offering comprised a fresh issue of 11.83 lakh shares worth Rs 80 crore and an offer for sale (OFS) of 62.13 lakh shares aggregating to Rs 420 crore.
Kotak Bank Share Price Live Updates: Kotak Bank Breaks Above 20-Day EMA
Kanohar Electricals shares to list today; GMP signals 30% potential listing gains
The strong grey market sentiment comes on the back of overwhelming investor demand for the public issue. The IPO was subscribed 90.59 times overall, with the retail portion booked 20.51 times. The non-institutional investor (NII) category saw subscription of 87.74 times, while the qualified institutional buyer (QIB) portion was subscribed a staggering 215.37 times.
LTIMindtree Share Price Live Updates: LTIMindtree's previous day closing price
ICICI Bank Share Price Live Updates: ICICI Bank's beta indicates a volatile trading environment
Saatvik Green Energy bags Rs 1,042-cr solar module order
Saatvik Green Energy announced that it has received and accepted an order worth Rs 1,041.63 crore from Solar Energy Corporation of India (SECI) for the supply of solar photovoltaic (PV) modules.
US military port project in Palau revives WWII memories, stokes fears
Palau plans a significant US military port expansion next year. This project aims to berth US Navy ships and deepen the harbor. Locals worry about becoming a target in potential superpower conflicts. Environmentalists express concerns about marine life and coral reef damage. The government seeks assurances for safety and environmental protection during construction.
Ola Electric payments to Bhavish Aggarwal's Krutrim nearly quadruple in one year
Ola Electric payments to Krutrim SI Designs, an AI company owned by Chairmnan Bhavish Aggarwal, nearly quadrupled to 100 crore in FY26, documents show.
Breaking News Live Updates: Houthi official calls Saudi claim of drone attack near Mecca a lie
Negative Breakout: These 6 Nifty stocks cross below their 200 DMAs
The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.
Bangalore house hunt is slowly driving us insane, the couple, frustrated by the search, said. Were honestly just looking for a genuine, clean, semi-furnished 2BHK from a direct owner or a trustworthy broker.
India's policymakers keen to adopt new technologies: Autodesk CEO Andrew Anagnost
Autodesk's CEO notes India's ministers are receptive to new technologies and collaboration. The country offers significant quality and depth in its talent pool for hiring. Autodesk is actively engaging with its recently hired team in India. The company's research and development unit in Bengaluru is central to its growth. Strategic partnerships and investments are accelerating digital transformation across projects.
Can Hero Motors IPO deliver long-term growth for high-risk investors?
Hero Motors plans a
Avaada Ventures to raise Rs 3,515 cr via NCDs; $398 mn through ECB for debt refinancing
Avaada Ventures plans to raise funds through NCDs and external borrowing. The company will issue rupee-denominated debentures and secure foreign currency loans. These funds will primarily refinance existing liabilities and meet corporate needs. Proceeds will pay Brookfield investment and retire outstanding commercial paper. Avaada aims to complete a monetisation event within eighteen months.
PhonePe may restart IPO process after new MDR rules bring clarity
NPCIs decision to allow a 0.4% fee on high-value UPI transactions from 15 October gives the payment giant long-awaited revenue visibility, rekindling its IPO plans, two sources told Mint.
Indian stock market value drops below $5 trillion as oil prices surge & US bond yields climb
Indian stock markets experienced a significant decline on Tuesday. Crude oil prices surged above one hundred dollars a barrel. United States bond yields climbed above five percent, impacting investor sentiment. This led to a sharp sell-off in Indian equities, pushing market value down. Investors now await key central bank policy meetings for further direction.
IT stocks rebound as AI disruption fears ease; Nifty IT index gains 2.19%
On Tuesday, information technology stocks saw a notable recovery as investor confidence returned, easing worries surrounding artificial intelligence disruptions. The Nifty IT index performed robustly, surpassing other sector indices. Analysts suggest that AI holds promising prospects for Indian IT firms, yet technical experts express caution regarding the sector's short-term forecasts.
New e-commerce rules may force brands to rethink short-term discounts
New e-commerce regulations in India, starting January 2027, mandate transparency in pricing by displaying past prices alongside current discounts. Brands may need to adjust promotional tactics, potentially influencing sales patterns significantly during peak shopping periods.
Bank of Baroda saw BR Shetty's NMC Group red flags. Yet it sanctioned more loans
The court documents showed that Shetty and his companies owed Bank of Baroda 2,077 crore as of May 2020, which was about a third of the settlement amount the lender paid.
Stocks in news: Yes Bank, Vedanta, Groww, BHEL, Bharat Forge and NBCC
Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key support level, indicating a potential technical bounce. Several companies, including Yes Bank and Vedanta, are expected to be in focus. Bharat Forge and BHEL announced significant collaborations and joint ventures. Other firms reported regulatory updates and investment plans for future growth.
D-St set for a cautious opening as GIFT Nifty signals muted start
Indian equities declined as crude prices and inflation concerns persisted. Foreign investors sold shares while domestic institutions bought them on Tuesday. The rupee weakened against the dollar due to global conflicts and oil prices. Analysts expect markets to remain weak ahead of the US Federal Reserve's policy decision. Investors will closely watch the Fed's September meeting for rate guidance.
Fee on UPI may nudge retail users towards central bank digital currency
MDR on UPI transactions can boost adoption of central bank digital currency, or e-rupee, as merchants seek free alternatives.
Tata stocks rally on RBI ruling, potential Tata Sons listing
On Tuesday, shares of Tata Group companies with minority interests in Tata Sons experienced a notable rise. This followed the Reserve Bank of India's decision to deny Tata Sons the ability to surrender its lender status. Analysts suggest that a potential listing of Tata Sons might primarily benefit Tata Chemicals and Tata Steel.
JPMorgan expects investment banking, trading to shine in third quarter
JP MORGAN-INVESTMENT BANKING/ (PIX):JPMorgan expects investment banking, trading to shine in third quarter
Frances Shein FeeIs a Bad Fit for China Inc.
How should a country respond when highly successful Chinese companies become too dominant within its borders? Its a question more economies will have to confront as these firms fan out across the globe in search of new customers.
Supreme Court rejects ex-NSE chief Chitra Ramkrishna's 'public duty' plea in co-location case
The Supreme Court rejected Chitra Ramkrishna's appeal regarding the NSE co-location case. This decision allows a Delhi court to proceed with the corruption charges against her. The court upheld the Delhi High Court's ruling on public duty and public servant definitions. Ramkrishna, former NSE MD and CEO, faces charges of illegal gratification and conspiracy. The case involves alleged improper dissemination of exchange data to select stockbrokers.
Comprint founder Pankaj Sancheti outlines a practical approach to evaluating AI investments
New Delhi [India], September 15: Comprint founder Pankaj Sancheti has outlined a practical approach to evaluating artificial intelligence (AI) investments, drawing on more than three decades in technology. His advice centres on four decisions: which task to improve, how to test the system, what it will cost to get the work right and who will take responsibility after deployment.
US Congressman names India, China in Russia Sanctions Bill
US lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries like India and China. Another amendment seeks to remove the tariff provision entirely from the bill. India's energy sourcing policy prioritizes national interests amid these developments.
ED to fast-track 10 big PMLA cases in each region
The Enforcement Directorate aims to expedite money-laundering trials within eight months. Zonal offices will identify key cases for accelerated prosecution and conviction. A new trial monitoring system will track case progress and delays. The agency is also expanding its sanctioned strength by sixty percent. This structural change will enhance the directorate's operational capabilities significantly.
Indias goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports declined. Key free trade agreements are on track for finalisation, while exporters are being prepared for the European Unions Carbon Border Adjustment Mechanism. Trade ministers are also set to address bilateral concerns and review the status of ongoing free trade negotiations.
WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcome
Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTOs World Trade Report 2026. Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met, the WTO said.
ET Under 40 2026: As AI races ahead, leaders urged to put purpose above success
Sivakumar Sundaram highlighted the importance of collective purpose at The Economic Times awards, urging awardees to utilize recognition as a foundation for ongoing contributions. He addressed the swift evolution of AI and stressed the necessity for aligning human values with technology. Cautioning against becoming overly reliant on devices, he emphasized that maintaining relevance demands a continual showcase of one's value and capability.
Nelson Mandela's wisdom teaches us the importance of resilience in the face of adversity. He championed the fight against apartheid and racial oppression in South Africa. His insights remind us that failure is merely a stepping stone on our path. Embracing our failures with an optimistic mindset can yield true success. By learning from our setbacks, we rediscover our strength to rise again.
ET Under 40 2026: How technology is creating younger leaders
The rise of technology is paving the way for younger Indians to step into leadership roles much earlier. Kiran Mazumdar-Shaw predicts that the notion of age-based distinctions might soon vanish. Driven by innovation, these young leaders are daring to take risks and develop groundbreaking business strategies. This fresh wave of leadership promises to significantly influence India's economic landscape, forging a path towards global ambitions fueled by technology.
NCPCR summons Capgemini VP over alleged abuse at Bengaluru day-care centre
The child rights body has summoned a Capgemini vice-president to determine culpability after videos of alleged abuse at its Bengaluru day-care facility surfaced in July.
