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Beyond the chatbots: The AI race in banking will be won in the back office
Indias next financial advantage will depend on whether its institutions can move beyond generic tools and embed intelligence into their core decisions.
Amazon, Flipkart tighten seller cancellation penalties ahead of festive season
Amazon has revised cancellation fees for sellers using its Easy Ship and Self-Ship services, linking the charge to the value of the order
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 crore
SoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu Dhabi Investment Authority's Platinum Jasmine Trust remains Lenskart's largest public shareholder. Many institutional investors, both domestic and foreign, participated in the block deal. Lenskart Solutions shares closed slightly lower on the BSE after the transaction.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities ended lower after erasing early gains, with Sensex falling 172 points and Nifty 33 points. Rising bond yields, Iran sanctions uncertainty and weak Asian markets pressured sentiment. Metals outperformed, while banking stocks lagged. Analysts expect Tuesday volatility.
Market Trading Guide: Siemens among 2 stock recommendations for Tuesday
Indian equities remained weak amid soft Asian markets, with large caps and PSU banks under pressure as bond yields rose. Metals outperformed. Analysts recommended Siemens and Engineers India, citing strong breakouts, positive momentum and potential upside despite geopolitical risks.
Airtel Payments Bank Q1 net profit jumps 82% to 19 cr, revenue at 831 cr
Airtel Payments Bank on Monday reported an 82 per cent rise in net profit to Rs 19 crore for the first quarter ended in June, driven by good operating performance. The bank had earned a profit of Rs 10.4 crore in the April-June quarter of the previous financial year. The bank's revenue increased to Rs 831 crore from Rs 777 crore in the corresponding quarter last financial year, Airtel Payments Bank said in a statement. During the quarter, Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose by 21 per cent to Rs 108 crore from Rs 82 crore in the same period a year ago. At the same time, customer balances grew by 17 per cent to Rs 4,389 crore from Rs 3,743 crore in the first quarter of last fiscal.
DP World stays firm on $5 billion India investment despite West Asia crisis
The ports and logistics major expects its planned investments to materialise over five years and is evaluating avenues for deploying the committed capital in India
TCS to acquire Porsches arm for 320 million, seals five-year 1.25 billion AI partnership
The acquisition will strengthen TCS presence in Germany, Romania, the UK, the US, India, and Mexico and among European automotive and industrial customers
Delhi HC orders 53 cr refund to Vodafone Idea, rejects Form 26B hurdle
The court held that a refund arising from an assessment or appellate order cannot be withheld merely because the taxpayer has not furnished Form 26B
Delhi HC reserves order on jurisdiction issue in HUL-Beco advertising row
HUL argued that Beco's online sales to Delhi consumers establish a commercial link with the city, while Kwick Living questioned the court's territorial jurisdiction
SoftBank Group pares nearly 2.6% stake in Lenskart for 2,888 crore
Technology investor SoftBank Group has once again trimmed its holding in Lenskart Solutions, selling nearly a 2.6 per cent stake in the eyewear retailer for Rs 2,888 crore through open market transactions on Monday. In June, SoftBank sold a 3.25 per cent stake in Lenskart for Rs 2,873 crore. In the latest transaction, Japan-based SoftBank Group, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded a total of 4.5 crore equity shares in 22 tranches, amounting to a 2.58 per cent stake in Gurugram-based Lenskart, as per the block deal data on the BSE. The shares were sold at an average price of Rs 641.75 apiece, taking the combined deal size to Rs 2,887.87 crore. The latest transaction brought SoftBank's holding in Lenskart down to 7.28 per cent from 9.86 per cent, although it remains the second-largest public shareholder in the eyewear firm. Platinum Jasmine A 2018 Trust, an arm of Abu Dhabi Investment Authority, continues to be the largest public shareholder of Lenskart wi
Palmonas targets 10 stores in Gulf by year-end as India-to-world expansion gathers pace
After opening its first international store in Abu Dhabi, the company plans to enter Dubai, Saudi Arabia and Qatar
Coromandels Dhaksha Unmanned Systems inaugurates new drone manufacturing facility in TN
The facility will develop and execute larger and complex programmes across the companys key UAV verticals
TCS bags $1.45 billion Porsche deal, acquires carmakers IT arm for $373 million
The transaction marks TCS's second European mega-deal in eight months, providing a key revenue boost amid broader market and automation concerns.
US ambassador Sergio Gor visits Tata Lockheed Martin Aerostructures in Hyderabad
The ambassadors visit, as referenced by the company, coincides with TLMALs participation in a MoD contract to supply 60 Medium Transport Aircraft to IAF
Who is Cheng Chang Fan? Taiwanese actor sparks buzz after video with Indian woman
Taiwanese actor and model Cheng Chang Fan has sparked fresh dating speculation after a video showed him hugging and twirling with an Indian woman. The buzz follows an earlier viral video of Cheng Chang interacting warmly with an Indian hotel employee who welcomed him with an aarti and tilak. His later posts about Indian women have added to speculation, though neither has confirmed a relationship.
Texas solar farms are turning to sheep as a surprising solution to a growing maintenance problem. Across roughly 68,000 acres, sheep now graze beneath rows of solar panels, keeping grass under control without damaging expensive equipment. Goats can climb and chew wires. Cattle are often too tall for the rows. Sheep fit the space, eat the vegetation, and give Texas ranchers a new source of income from the solar boom.
Fino Payments Bank board extends tenure of interim CEO by another three months
Fino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extension requires approval from the Reserve Bank of India. Merchant took charge after Rishi Gupta's arrest in February. Gupta faced allegations related to GST law violations.
IndiGo co-founder Rakesh Gangwal donates additional 300 crore for medical school at IIT Kanpur
The project envisages a 500-bed super-speciality hospital on the IIT Kanpur campus, along with a proposed 200-bed cancer care and research centre
A road trial in Sydney tested the durability of concrete created from industrial waste, revealing impressive results. The geopolymer concrete endured five years of heavy traffic and harsh weather, matching traditional concrete performance. Researchers noted its potential to significantly lower the carbon footprint of the construction industry and highlighted its suitability for sustainable infrastructure initiatives in urban development.
Canadians are keeping an eye on their bank accounts as a couple of government benefit payments are scheduled to be deposited next week. Canada Pension Plan (CPP) and Old Age Security (OAS) payments are scheduled for August 27, 2026, Thursday in Canada. Heres how much eligible Canadians can receive, plus the key eligibility rules, income limits and maximum monthly benefit amounts.
ABD enters Malaysia with local whisky production in asset-light push
Under the arrangement, ABD will work with an established local partner while retaining control over raw materials, packaging, quality standards, and brand stewardship
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale offers a discount to market price amid strong quarterly earnings and expansion plans.
Ironhill onboards Anirudh Ravichander as investor through Albuquerque Records
The investment in Ironhill marks Anirudhs second foray into the global hospitality and F&B sector after Loca Loka Tequila
Russian travel influencer Marina Kharbani (@terk_love) has called Guwahati's new integrated airport terminal one of the top three most epic airports she has visited, praising its bamboo and orchid-inspired design. The terminal was recently named among the World's Most Beautiful Airports 2026. Guwahati Airport's official Instagram thanked her for the appreciation, as other users also praised the terminal's architecture.
Ukraine wants peace, not surrender: Zelenskiy draws red line with Russia
Ukraine's President Zelenskiy marked Independence Day with a defiant speech, emphasizing peace without surrender. Foreign leaders visited Kyiv, pledging continued support and military technology for Ukraine's defense. Britain will provide classified technology for long-range cruise missile production within Ukraine. Allied nations will hold military talks to discuss Ukraine's air defense needs. Ukraine seeks all necessary aid to stop the ongoing conflict and bring soldiers home.
Trump threatens 50% tariffs on Canadian cars, trucks and steel from January 2027
United States President Donald Trump announced future tariff increases on Canadian goods. Tariffs on Canadian cars, trucks, and auto parts will rise to 50 percent. Steel imports from Canada will also face the same fifty percent tariff rate. These new tariffs are scheduled to take effect on January 1, 2027. Products manufactured within the United States will continue to face zero tariffs.
HC asks Andhra govt to check if Google-Adani data centre has legal, environmental clearances
Google had announced the Visakhapatnam AI hub in October 2025 with a planned $15-billion investment over five years. It later partnered with Adani Enterprises through AdaniConneX to develop a gigawatt-scale data-centre campus with planned capacity of nearly 1GW
TCS to buyout Porsches MHP for 320 million EV in major automotive AI partnership
The acquisition is part of a broader 1.25 billion, five-year strategic partnership between TCS and Porsche.
TCS to buyout Porsches MHP for 320 million EV in major automotive AI partnership
The acquisition is part of a broader 1.25 billion, five-year strategic partnership between TCS and Porsche.
Institute of Political Leadership Announces Launch of 'Politicians Club' in New Delhi
New Delhi [India], August 24: The Institute of Political Leadership (IPL) has announced the launch of 'Politicians Club', an exclusive platform envisioned for political leaders, policymakers and aspiring politicians, with a focus on political training, leadership development, meaningful dialogue and high-level networking.
ALLEN charts expansion, eyes acquisitions and 3,800cr IPO to fund next phase
The company is evaluating expansion into additional markets through a combination of organic growth and selective acquisitions
Ramco Cements no longer to pay tax on mineral-bearing land
The company had been paying 160 per tonne of limestone to the Tamil Nadu government, it said
Lenskart Solutions among 4 stocks to hit 52-week highs & surge up to 20% in a month
The Sensex fell 172 points on Monday, but four BSE 200 stocks bucked the broader market weakness to hit fresh 52-week highs. Lenskart Solutions, Siemens, AU Small Finance Bank and United Spirits showed strong investor interest and recent gains.
MakeMyTrip, Axis Bank tie up to offer travel discounts across long weekends till March 2027
Holiday packages will attract an additional 5% instant discount over and above MakeMyTrips existing offers, capped at 20,000
Maxgrow India consolidated net profit rises 190.19% in the June 2026 quarter
Sales rise 108.02% to Rs 7384.89 crore
INR settles marginally lower as local equities turn weak
The Indian rupee pared initial gains and settled for the day lower by 3 paise at 95.74 (provisional) against the US dollar on Monday, on a positive American currency and weak domestic markets. The USD/INR pair traded in a narrow range as rising Brent crude prices, persistent importer demand, and cautious sentiment over new US sanctions targeting Iran weighed on investor sentiment. Local shares ended slightly lower on Monday ahead of the announcement of fresh U.S. sanctions aimed at Iran. U.S. Treasury Secretary Scott Bessent will hold a press conference later today, where he is likely to announce tougher sanctions to economically isolate Iran. The BSE Sensex closed 171.72 points lower at 77,369.11, and the NSE Nifty ended 32.95 points down at 24,219.05. At the interbank foreign exchange, the rupee opened at 95.65, then touched an intraday high of 95.64 and a low of 95.75 and finally settled for the day at 95.74 (provisional) against the greenback, lower by 3 paise from its previous ..
Pace Digitek arm secures BESS project of Rs 93 cr
The order adds to Pace Digitek's growing BESS business and strengthens near-term visibility for its manufacturing operations. The project will be supplied from the Company's BESS manufacturing platform, which has recently been expanded to 5 GWh of installed capacity.
Tempsens Instruments (India) IPO subscribed 184.07 times
The offer received bids for 279.44 crore shares as against 1.51 crore shares on offer.
Bengaluru (Karnataka) [India], August 24: LightFury Games, the AAA-focused game-tech studio behind eCricket, unveiled its second official teaser for the game that reached 1M+ viewership over the weekend, signalling growing excitement around its flagship cricket title. Built as a deeply social and competitive cricket experience, eCricket aims to capture the strategy, intensity and emotion of the sport while building a deeply social and competitive cricket experience from India for a global audience.
CSM Technologies to adopt MOSIP framework to strengthen its DPI capabilities
CSM Technologies has entered into an engagement to adopt the Modular Open Source Identity Platform (MOSIP) framework for designing and implementing foundational digital identity solutions. The engagement marks a strategic expansion of CSM Technologies' Digital Public Infrastructure (DPI) capabilities, adding foundational digital identity to its growing portfolio of Government Technology (GovTech) solutions.
Tolins Group to establish reclaim rubber manufacturing unit in Kerala
Tolins Tyres announced that its 100% wholly owned subsidiary, Terra Rubber has commenced construction of a new Reclaim Rubber manufacturing facility in Palakkad, Kerala.
Augmont Enterprises IPO subscribed 14.46 times
The offer received bids for 11.15 crore shares as against 77.15 lakh shares on offer.
Symbiotec Pharmalab IPO subscribed 80%
The offer received bids for 1.05 crore shares as against 1.31 crore shares on offer.
Skyways Air Services IPO subscribed 1.16 times
The offer received bids for 3.42 crore shares as against 2.95 crore shares on offer.
Hy-Tech Engineers IPO subscribed 7.74 times
The offer received bids for 14.04 crore shares as against 1.84 crore shares on offer.
Quote of the day by Agatha Christie: Agatha Christie's novel Murder on the Orient Express offers a timeless lesson. Detective Hercule Poirot teaches us to question our initial assumptions and consider that seemingly impossible situations may have logical explanations upon closer inspection. The quote encourages us to keep an open mind when facing complex challenges and reminds us that carefully examining all available evidence is crucial to understanding difficult circumstances.
Rustomjee Launches Ozone Skye, ~Rs. 400 CR Premium Residential Development in Goregaon West
Mumbai (Maharashtra) [India], August 24: Rustomjee, one of Mumbai's leading real estate developers, announced the launch of Ozone Skye in Goregaon West, with a GDV of approximately ~Rs. 400 Cr. Strategically located on SV Road, Ozone Skye is a 50-storey premium residential tower comprising 158 residences across 1, 2 and 3 BHK configurations. Designed to offer refined living experience, the development features expansive views of the city skyline and Aarey greens, an elevated sky living experience with a rooftop lifestyle deck, and seamless access to key social and transport infrastructure. Located in one of Mumbai's most connected neighbourhoods, Ozone Skye offers seamless access to premium business districts, high-end retail and established social infrastructure.
Nifty August futures trade at discount
India VIX rallied 4.01% to 11.65.
Nifty settles below 24,250; PSU Bank stocks decline
In the barometer index, the S&P BSE Sensex declined 171.72 points or 0.22% to 77,369.11. The Nifty 50 index fell 32.95 points or 0.14% to 24,219.05. Over the last two trading sessions, the Sensex gained 0.82%, while the Nifty advanced 0.72%.
Mint Explainer | Can India build a homegrown smartphone brand?
Though India is one of the worlds top destinations for smartphone assembly after China, and alongside Vietnam, Thailand and Malaysia, the countrys own brands could never make it over the past decade. Is a major homegrown phone feasible in the country?
Tata Capital signs MoU with Japans Resona Bank
The primary objective of the business collaboration is to leverage their respective strengths in the Indian market
IBC @ Crossroads: A Decade of Evolution, The Road Ahead
Kolkata (West Bengal) [India], August 24: A conclave on the Insolvency and Bankruptcy Code, 2016, themed IBC @ Crossroads: A Decade of Evolution, The Road Ahead, was successfully organised on 8 August 2026 at The Park, Kolkata, under the Views Exchange series GYAN GANGA. The Conclave brought together leading stakeholders from across the insolvency ecosystem to reflect on the decade-long journey of the Code and deliberate upon emerging challenges, evolving practices and the road ahead.
Japan stocks fall as tech shares come under pressure
Investor sentiment was also weak as global bond yields remained high. Concerns over inflation and rising government debt continued even after the US Treasury announced a surprise bond buyback last week.
Dhabriya Polywood gains after bagging Rs 5-cr order from Godrej Properties
Dhabriya Polywood announced that it has received a work order/Letter of Intent (LoI) worth Rs 4.78 crore from Godrej Properties for external facade works for its project in Delhi NCR.
Gold, Bitcoin or Stocks: Whos winning the 2026 race for returns?
Gold, Indian equities and bitcoin have delivered sharply different returns in 2026. Bitcoin has led the recent rally, gaining 27% over both the past week and month, but remains down 8% year-to-date. Gold has emerged as a stronger performer, while Indian equities have lagged across the period.
Shanthi Gears shares surge 37% in two trading sessions. Here's why
Shanthi Gears shares surged 37.5% in two sessions after Tube Investments raised its stake by 2.69% through a block deal, taking its holding in the subsidiary to 73.16%.
US-based Plaud bets India can outpace its global AI wearables growth
Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.
Suzlon targets 5 GW renewable capacity in Andhra Pradesh by 2030
The company plans to develop 1,325 MW of new wind projects in Rayadurg, Anantapur, in partnership with Tata Power and Waaree Energy, with an estimated investment of 10,000 crore
MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFS
MP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company aims to generate capital via a fresh issuance of shares and an offer for sale. The funds raised will go towards establishing a new billet manufacturing facility, thereby boosting its backward integration.
Third Wave Coffee raises 408 crore in funding round led by WestBridge Capital
This comes at a time when the chain is looking to add 100 new cafs every year.
FIIs trim holdings in 11 midcap stocks over two quarters; shares fall up to 50% in 2026
FIIs reduced their holdings in around 51 BSE midcap companies during the March and June 2026 quarters. More than half of these stocks delivered negative returns in CY26, and several witnessed sharp declines of up to 50%.
DJ Mediaprint & Logistics Ltd leads losers in 'B' group
Money Masters Leasing & Finance Ltd, KJMC Financial Services Ltd, Sambandam Spinning Mills Ltd and Rhetan TMT Ltd are among the other losers in the BSE's 'B' group today, 24 August 2026.
Nifty trades below 24,200 level; media share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 284.15 points or 0.37% to 77,256.68. The Nifty 50 index lost 86.50 points or 0.36% to 24,165.50.
Capital goods sector to stay soft in H1, recovery seen in H2FY27 on thermal orders: Report
Indias capital goods and power equipment sector may remain subdued in the first half of FY27 before recovering later, 360 ONE Capital said. Strong thermal power orders, private investment and government capex provide growth visibility, though geopolitical disruptions remain a near-term risk.
P&G Hygiene expects challenges to persist in FY27, remains confident of growth strategy
Procter & Gamble Hygiene and Health Care Ltd remains confident of long-term growth. The company reported revenue of Rs 4,290 crore and profit after tax increased 19 percent. Investments in innovation and brand building strengthen competitiveness for sustained growth. Consumption trends remain supportive with urban demand anchoring growth. Evolving global trade policies and commodity prices remain key factors to watch.
US-based Vertex Group to enter India's MICE, corporate travel space segment
US-headquartered Vertex Group is foraying into the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment in India with Vertex Travel, Vertex Group Founder & President Gagan Arora said on Monday. The Group is committing an initial investment of Rs 75 crore for developing an integrated business travel and MICE platform which will primarily be deployed across three areas -- technology, talent and network development -- over the next 18 months. We will evaluate client acquisition, repeat business, revenue quality, programme profitability, customer satisfaction, technology adoption and the scalability of the operating model. If the business demonstrates the performance and market traction we expect, we are prepared to increase investment as Vertex Travel scales, Arora told PTI in an interview. He shared that the immediate focus is on establishing strong positions in priority segments, building a high-quality enterprise client portfolio and creating repeatable business ...
ReNew invests 20,000 crore in Gujarat; plans expansion across clean energy, data centres
Vikram Kapur, group president at ReNew, announced plans to invest 80,000-1,00,000 crore in various sectors, including data centres, renewable energy, and green hydrogen, over the next few years
Ratnamani Metals & Tubes arm wins export orders worth Rs 2,700 cr
Heranba Industries spurts as Q1 PAT rises 17.1% YoY
Heranba Industries jumped 9.53% to Rs 180.60 after the company reported an improvement in profitability in Q1 FY27, despite a decline in revenue.
P&G Hygiene expects challenges in FY27, remains confident of growth
Procter & Gamble Hygiene and Health Care Ltd (PGHHL) remains confident of delivering long-term growth despite a rapidly evolving operating environment, according to the latest annual report. PGHHL, part of US-based multinational consumer goods corporation The Procter & Gamble Company, said the operating environment continues to evolve at an accelerated pace, presenting both challenges and opportunities. The company remains confident of delivering long-term growth despite a rapidly evolving operating environment, backed by disciplined execution of its 'Integrated Growth Strategy' and continued investments in innovation, brand building and go-to-market capabilities to stay responsive to changing consumer needs. The year ahead might continue to be challenging. However, we remain as confident as ever in our integrated growth strategy and in our ability to drive market growth and to deliver balanced growth and value creation to delight consumers, customers, employees, society and .
Crisil Ratings reaffirms ratings of Hirect at 'BBB/A2' with 'stable' outlook
Hirect (HRL) said that Crisil Ratings has reaffirmed its 'Crisil BBB+/Stable/Crisil A2' ratings on the bank facilities of the company.
Ajanta Pharma Ltd slips for fifth straight session
Ajanta Pharma Ltd is quoting at Rs 3582.5, down 1.57% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 17.79% fall in the Nifty Pharma index.
Lloyds Metals & Energy Ltd drops for fifth straight session
Lloyds Metals & Energy Ltd is quoting at Rs 1845, down 1.12% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 41.11% fall in the Nifty Metal index.
Sun TV Network Ltd drops for fifth straight session
Sun TV Network Ltd is quoting at Rs 470.9, down 0.24% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 1.13% fall in the Nifty Media index.
REC Ltd eases for fifth straight session
REC Ltd is quoting at Rs 324.6, down 0.63% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 0.73% fall in the Nifty Financial Services index.
Bharat Heavy Electricals Ltd slips for fifth straight session
Bharat Heavy Electricals Ltd is quoting at Rs 410.2, down 0.68% on the day as on 13:19 IST on the NSE. The stock jumped 89.46% in last one year as compared to a 3.18% slide in NIFTY and a 10.91% spurt in the Nifty Energy index.
BSE shares: Prabhudas Lilladher cuts target price to Rs 4,025 as CAS hits derivatives volumes
Prabhudas Lilladher retained its Buy rating on BSE but lowered the target price to Rs 4,025 from Rs 4,850, citing a slowdown in derivatives volumes after the implementation of the Closing Auction Session (CAS). The brokerage also flagged tighter bank-guarantee norms and higher STT as near-term headwinds, while maintaining a positive long-term view on BSE.
Sanlayan Technologies posts first full-year profit as revenue grows six-fold to 139.6 crore
The Indian defence technology company has an order backlog of 286 crore and a confirmed opportunity pipeline exceeding 2,000 crore.
Benchmarks hit fresh intraday low; Europe opens near flat line
The domestic equity benchmarks extended losses and hit fresh intraday lows in afternoon trade, weighed down by a lack of strong directional cues, continued FII selling and persistent tensions surrounding the US-Iran conflict. The Nifty traded below the 24,200 level. PSU Banks, Cement and FMCG shares declined while those of metals, IT and realty companies edged higher.
The GLP-1 diet: How weight-loss drugs are changing packaged food business
Weight-loss drugs are changing what consumers buy, putting protein, fibre, smaller portions and nutrient density at the centre of the next packaged-food opportunity
AIChE Student Regional Conference 'Viplav SRC 2026' Concludes Successfully at RGIPT
Jais, Amethi [India], August 24: The American Institute of Chemical Engineers (AIChE) Student Regional Conference (SRC)-India, Viplav SRC 2026, concluded successfully today at the Rajiv Gandhi Institute of Petroleum Technology (RGIPT), Jais, after three days of technical learning, innovation, competition and knowledge exchange. The conference was organised from 21 to 23 August 2026 and brought together around 250 students from reputed institutions across the country.
LIC's record OFS stirs the 'near-zero' deal advisor fee debate again
LICs 31,500 crore share sale will earn its four investment banks a paltry 4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.
Godrej Industries group signs pact to invest 20,000 crore in Haryana state
Godrej Industries group signs pact to invest Rs 200 billion in Haryana
Godrej Industries Group plans a substantial Rs 20,000 crore investment in Haryana. This initiative is expected to generate approximately 40,000 new employment opportunities across the state. Godrej Properties Limited will lead this expansion, investing an additional Rs 16,000 crore by FY28. Godrej Ventures will also invest Rs 3,500 crore in Gurugram's office infrastructure. These combined efforts will significantly boost Haryana's economic development and employment landscape.
Chennais Congruence Holdings to expand to 300 outlets across South India
The company currently operates 30 such stores across Tamil Nadu
Indian IT stocks gained on Monday as reports of Nvidias potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether Indias IT sector offers an anti-AI advantage.
L&T wins over 15,000 crore gas compression project in West Asia
The project will cover new onshore facilities for sour gas processing, along with power infrastructure to support the compression plants
Acutaas Chemicals gains as board OKs Rs 212-cr capex for new plant
Acutaas Chemicals advanced 1.89% to Rs 3,228.35 after the company's board approved a capital expenditure (capex) of Rs 212 crore for establishing a manufacturing plant for new electronic grade chemicals in Gujarat.
Gaja Alternative Asset Management IPO ends with 31.33 times subscription
The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.
