Axis Mutual Fund has announced the launch of the Axis Nifty Energy Index Fund and Axis Nifty Energy ETF providing investors with a simple and transparent way to participate in India's fast-evolving energy ecosystem.
Ashok Leyland has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles.
The RP-Sanjiv Goenka Group (RPSG) today announced that Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of ₹ INR 4859 crore (USD 509 million at ₹95.5/USD). The acquisition has been funded by the parent company.
The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring users that consumer and person-to-person payments will remain free.
UTI Mutual Fund, one of India's leading fund houses, has launched a first-of-its-kind milestone offering for investors to complete their entire investment journey, including payments, without leaving WhatsApp.
The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy Scheme, with a total outlay of Rs.23,731 crore.
Public sector lender State Bank of India (SBI) on Friday reported its highest-ever quarterly net profit of ₹21,121 crore, driven by robust loan growth across key business segments.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured a batch of orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast.
Mumbai/IBNS: Indian equity markets witnessed a sharp sell-off on Friday, with the benchmark BSE Sensex plunging more than 500 points and the NSE Nifty 50 slipping below the 24,600 mark amid weak global cues and cautious investor sentiment.
Indian IT services major Infosys has signed a 10-year strategic agreement with Crocs, Inc., the global casual footwear company, to accelerate the retailer's enterprise-wide digital transformation through AI-first technologies.
Mumbai/IBNS: Swiggy shares surged more than 5 percent on Thursday after the company unveiled an ambitious five-year growth strategy at its Capital Markets Day 2026, according to media reports.
Mumbai/IBNS: The Indian stock market opened marginally higher on Thursday, with gains in select heavyweight stocks offset by losses in other sectors, keeping the benchmark indices largely range-bound.
Air India on Wednesday appointed veteran aviation executive Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD), succeeding Campbell Wilson, who stepped down earlier this year.
The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value digital payments.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to the successful completion of ongoing pilot trials.
Global payments giant Visa has laid off around 2,600 employees, or about 7 percent of its global workforce, with several of those affected based in India.
Mumbai/IBNS: The Reserve Bank of India (RBI) on Wednesday projected India's real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 in its latest Monetary Policy Statement.
Mumbai/IBNS: Shares of Ola Electric Mobility Ltd. surged more than 10 percent on Wednesday after the company announced its first partnership under the newly unveiled Ola Mahashakti platform, according to media reports.
A recent analysis has found that the disruption in the Strait of Hormuz, amid the Iran-US conflict, has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products.
Private insurer Aditya Birla Health Insurance Company Ltd (ABHICL) on Tuesday said its newly launched Activ Yuva plan is aimed at increasing insurance penetration among young Indians aged 25 to 35 years, a demographic where coverage remains relatively low.
