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The Hindu Businessline

Business / The Hindu Businessline

Banking Units in IFSC disbursed $52 billion against FCNR(B) deposits

According to RBI data, the inflows through the special foreign currency non-resident bank (FCNR-B) deposit have crossed the century mark, according to the Reserve Bank of India

2 Sep 2026 10:19 pm
FCNR(B) bonanza: Banks mobilise record $127.226 billion in 85 days, nearly four times 2013 levels

This influx, driven by attractive interest rates of 6-7.5% and significant leverage incentives for non-resident Indians, occurred through the Reserve Bank of Indias concessional swap facility

2 Sep 2026 10:12 pm
Genesys introduces new innovations for more effective customer care management

The US-based company empowers more than 8000 organisations in over 100 countries to improve business outcomes

2 Sep 2026 10:08 pm
Lock-in on 5,742 cr anchor investment to expire this month

21 mainboard IPOs raised about 21,000 crore in August, making it the highest monthly deal count of the year

2 Sep 2026 9:46 pm
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

2 Sep 2026 9:39 pm
10-yr benchmark G-Sec briefly tests 7% yield level

The benchmark had last crossed 7% per cent in May 2026, subsequently touching around 7.13% per cent

2 Sep 2026 9:34 pm
PT SMI Marks Indonesia's 81st Independence Anniversary with Rp294.5 Trillion in Financing Commitments Nationwide

PT SMI Marks Indonesia's 81st Independence Anniversary with Rp294.5 Trillion in Financing Commitments Nationwide

2 Sep 2026 9:30 pm
VST Tillers Tractors partners Union Bank of India to facilitate finance to farmers

Union Bank of India to facilitate retail loan facilities for customers purchasing VST Tillers products, including tractors, power tillers, power reapers and power weeders

2 Sep 2026 9:28 pm
Belgian PM De Wever arrives in India to deepen trade, defence and technology ties

Three-day visit to focus on boosting $13-billion trade relationship, expanding defence cooperation and building on new Strategic Dialogue with Brussels

2 Sep 2026 9:24 pm
Novonesis bets 6,660 crore on Maharashtra to build emerging-markets enzyme hub

The investment comes as Novonesis sharply steps up capital expenditure globally

2 Sep 2026 9:23 pm
Bridge Green Upcycle, IIT Madras sign MoU to develop technologies for critical mineral circularity

The MoU builds on an existing relationship between Bridge Green and IIT Madras; aims to cater to the global demand for critical minerals

2 Sep 2026 9:23 pm
Goyal to visit US for G20 meet, continue trade talks: Gor

India, US working to build fair, reciprocal trade ties; critical technology cooperation also in focus

2 Sep 2026 9:23 pm
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

2 Sep 2026 9:21 pm
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

2 Sep 2026 9:05 pm
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

2 Sep 2026 9:01 pm
Editorial. Smoke and mirrors

Subhash Chandras case flags key IBC concerns

2 Sep 2026 8:59 pm
Stock market news today: Wall Street flat as US-Iran tensions rise

Technology stocks biggest force holding market back

2 Sep 2026 8:58 pm
Mahanadi Coalfields files DRHP with SEBI for IPO, Coal India plans to sell 10% stake

The proposed IPO remains subject to receipt of applicable approvals, prevailing market conditions and other relevant considerations

2 Sep 2026 8:56 pm
TVKs Singai Ramachandran appointed chairperson of TANSIM

The terms and conditions of Ramachandrans appointment will be issued separately, the GO said

2 Sep 2026 8:53 pm
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

2 Sep 2026 8:48 pm
Google defeats US bid to force ad tech sale

While the ad exchange is a small part of Google's business, the ruling is a powerful symbolic victory that puts the tech titan at 2-0 against the US Department of Justice's efforts to force Google to sell assets to address illegal monopolies

2 Sep 2026 8:42 pm
SC directs TN to formulate rules for fishing vessel transit to EEZ

The court urges Union-Tamil Nadu coordination on purse-seine fishing in EEZ

2 Sep 2026 8:37 pm
Zerodha gets SEBI approval to enter merchant banking

Brokerage firm to focus on IPOs, follow-on issues and equity capital market advisory

2 Sep 2026 8:36 pm
India-China trade talks likely ahead of Xis India visit

High-level delegation may visit China next week; market access, trade deficit and investment curbs on agenda

2 Sep 2026 8:34 pm
NCDEX ties up with CAI to design, promote cotton derivatives trading

The Letter of Engagement commits both organisations to deepen participation in cotton derivatives and build a more robust, transparent price discovery mechanism and risk management tool for the Indian cotton supply chain

2 Sep 2026 8:27 pm
Drone industry flags over 50,000 illegal or non-compliant drones in India

Industry body seeks tighter enforcement, proposes action against illegal imports; says policy changes will strengthen indigenous manufacturing

2 Sep 2026 8:27 pm
Private hospitals flag payment delays, claim deductions under Ayushman Bharat

According to IMA Haryana, around 650 private hospitals in the state were awaiting around 1,000-1,200 crore in payments under the scheme

2 Sep 2026 8:18 pm
Telangana CM Revanth Reddy seeks Centres support to boost defence investments in State

The Chief Minister also requested assistance in securing necessary airspace clearances and ensuring the participation of Indian Air Force aircraft, as well as theSurya Kiran and Sarang aerobatic teams andfor a static aircraft display

2 Sep 2026 8:17 pm
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

2 Sep 2026 8:16 pm
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

2 Sep 2026 8:13 pm
Tamil Nadu Bill proposes 21-day cap for business clearances

New commission to oversee large, strategic and high-impact investments in Tamil Nadu

2 Sep 2026 8:10 pm
Indian industry rules out sugar shortage, says theres enough stock to meet festival demand

ISMA and NFCSF jointly reassure that domestic sugar availability remains sound, while dismissing any claims of a structural domestic deficit

2 Sep 2026 8:03 pm
Godavari waters reach Anakapalli in AP, easing water concerns for data centres in Vizag

Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the Polavaram Left Main Canal works on Wednesday and released Godavari waters into Anakapalli.

2 Sep 2026 8:00 pm
Rhetan TMT to increase borrowing limits to 300 crore

The proposed enhancement is aimed at providing greater financial flexibility to support the companys business expansion, growth initiatives and future funding requirements

2 Sep 2026 7:48 pm
Telangana wants Centre to procure pulses, maize, jowar

Wants a minimum gauranteed price of Rs 25,000 a tonne for oil palm

2 Sep 2026 7:40 pm
Two-wheeler retails fall 8.3% in August

Hero, Honda, Bajaj bear the brunt of festival slowdown

2 Sep 2026 7:39 pm
Keralam to set up coconut park to boost value addition, export growth: Chief Minister

Initiative expected to create greater opportunities for entrepreneurship, investment, value addition and market development in Keralams coconut sector, Chief Minister V D Satheesan says

2 Sep 2026 7:33 pm
DRDO, UoH reserchers secure patent for next-generation solid rocket propellant fuel

The invention by Muddamarri Hanumantha Rao and Muralidharan Krishnamurthi of UoH relates to the synthesis, structural elucidation and energetic properties of BAM-H24, a boron-, hydrogen- and nitrogen-rich energetic compound

2 Sep 2026 7:27 pm
Goyal urges auto industry to focus more on global businesses, top quality products

Speaking at the 66th annual convention of ACMA here, Goyal also said more and more women workforce should join the auto industry

2 Sep 2026 7:23 pm
Retail, wholesale Indian sugar prices drop further

However, mills find few takers for their offers, while prices likely to drop further tomorrow

2 Sep 2026 7:18 pm
Rays of Belief IPO sees retail frenzy; QIB cold shoulder on day 2

QIB segment remains nearly empty at just 0.01 times subscription with one day of bidding remaining

2 Sep 2026 7:13 pm
Issue eligibility cards to tenant farmers

Telangana Kisan Congress President S Anvesh Reddy, CPI leader Chada Venkata Reddy, and Telangana Jana Samithi leader Kodandaram were among the leaders who signed the statement

2 Sep 2026 7:10 pm
OVLs Venezuela prospects brighten with US OFAC clearance, new hydrocarbon regulations

OVL is in talks with the Venezuelan government and Petrleos de Venezuela on issues such as resuming operations, rebuilding oil infrastructure

2 Sep 2026 7:06 pm
Gold price falls 2,100 to 1.56 lakh/10g, drops for 6th straight day. Heres why

Gold has lost 11,000 in the past six trading sessions from 1,67,100 recorded on August 25

2 Sep 2026 6:56 pm
Uttar Pradesh launches UPCOS to safeguard rights and salaries of outsourced workers

The UPCOS would digitally integrate the management of the states more than 3.5 lakh outsourced workers

2 Sep 2026 6:55 pm
Uber to cut 3,300 jobs in company overhaul to reduce management layers

The cuts will reduce the number of managers in the company by 20 per cent, with some being moved to the role of an individual contributor

2 Sep 2026 6:41 pm
EPFO expects 105 private PF trusts to apply for one-time amnesty scheme

The amnesty scheme is valid for a period of six months since the transitional window was introduced under the EPF Scheme 2026 on June 29, 2026

2 Sep 2026 6:40 pm
As auto industry embraces greater digitalisation, cybersecurity becomes equally important: Maruti MD

Says hackers are evolving their technology and becoming more sophisticated with each passing day

2 Sep 2026 6:40 pm