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Finance

Visa's $2.4 billion BioCatch acquisition aims to strengthen fraud protection

Visa on Tuesday announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioural-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in cash.

IMFA eyes major capacity boost as Kalinganagar Greenfield project nears commissioning

Indian Metals & Ferro Alloys Ltd (IMFA), India's largest producer of ferro chrome, on Tuesday said its greenfield expansion project at Kalinganagar (KNR 1) is progressing on schedule after receiving the required Consent to Operate (CTO) and Factory Licence.

Jupiter Wagons, Lucchini RS forge India-Italy partnership to build India's first private railwheel manufacturing platform

Jupiter Wagons Ltd (JWL) on Tuesday announced a strategic partnership with Italy's Lucchini RS Holding S.p.A. (LRS) to establish India's first fully integrated private-sector railwheel manufacturing platform.

FSSAI orders Dabur to stop selling certain products with '100%' claims—Here's why

The Food Safety and Standards Authority of India (FSSAI) has directed Dabur India Ltd to immediately stop the sale of several food products carrying allegedly misleading "100 per cent" claims, according to media reports.

L&T bags ultra-mega offshore contract from ADNOC for major Middle East project. All details here

L&T Energy Hydrocarbon Offshore (LTEH Offshore) on Tuesday announced that it has secured an ultra-mega offshore contract from ADNOC Offshore for a major energy project in the Middle East.

India nears 100% banking coverage! Finance Ministry reveals major milestone

The Union Finance Ministry on Monday informed Parliament that India has achieved near-universal banking coverage, with 99.92 percent of inhabited villages now served by a banking outlet.

GRSE receives ONGC contract for construction of four platform supply vessels

Reinforcing India's push for self-reliance in maritime manufacturing, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has received a Notification of Award (NoA) from Oil and Natural Gas Corporation Ltd. (ONGC) for the construction of four Platform Supply Vessels (PSVs).

Stock Market roars back! Nifty surges 390 points to reclaim 24,700

The Indian equity market extended gains for the fourth straight session on Monday with Nifty closing over the 24,700 mark.

Indian Railways hits new milestone! Freight jumps 9 percent, 63 crore passengers travelled in July

Indian Railways on Monday said it maintained strong operational momentum in July 2026, recording healthy growth in both freight and passenger segments.

AI could change India's biggest IT business model, says market veteran

Veteran investor Raamdeo Agrawal believes artificial intelligence (AI) could fundamentally reshape India's IT services industry, particularly as businesses increasingly adopt enterprise AI solutions.

India's coal production rises 7.51 percent in July 2026; dispatch grows 17.34 percent

India's coal production rose 7.51% year-on-year in July 2026, reflecting steady growth in the sector, according to government data released on Sunday.

Zoho founder explains why India's IT boom is no longer creating jobs

Zoho founder and Chief Scientist Sridhar Vembu has warned that India's biggest challenge is creating enough jobs for its growing youth population amid an uncertain global economic environment, saying the IT industry is no longer generating employment at the pace it once did.

PM-KISAN extended for five more years: Here's what it means for over 9 crore Indian farmers

The Union Cabinet chaired by Prime Minister Narendra Modi has approved continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme from 2026–27 to 2030–31.

L&T Energy Hydrocarbon onshore signs six-year EPC agreement with Petroleum Development Oman

Mumbai, July 31, 2026: L&T Energy Hydrocarbon Onshore has signed a six-year engineering, procurement and construction Framework Agreement with Oman’s leading oil and gas company, Petroleum Development Oman (PDO), further strengthening the long-standing partnership between the two organisations.

Air India, SkyDrive and Suzuki sign MoU for feasibility study of medical air logistics in India

Airline major Air India Limited,  SkyDrive Inc., a company engaged in the development, manufacture, and sales of eVTOL aircraft, and Suzuki Motor Corporation have signed a memorandum of understanding (MoU) to conduct a joint feasibility study on the use of eVTOL aircraft for medical air logistics in India.

Maldives launches Favara-UPI cross-border payment service with India. Key details and all features

The Maldives Monetary Authority (MMA) on July 30 announced the successful launch of the integration between the Maldives' instant payment system, Favara, and India's Unified Payments Interface (UPI).

RailTel profit slips, stock slides 3% despite 20% revenue growth

Mumbai/IBNS: Shares of RailTel Corporation of India Ltd. fell around 3 percent on Friday after the state-run telecom and digital infrastructure company reported a marginal decline in net profit for the first quarter of FY2027, media reports said.

Profit loss narrows, revenue soars—So why did Swiggy stock crash 4%?

Mumbai/IBNS: Shares of Swiggy Ltd. fell more than 4 percent in early trade on Friday despite the food delivery and quick-commerce platform reporting a narrower net loss and strong revenue growth for the June quarter, media reports said.

Thermax shares crash 16% after Q1 earnings shock—Investors rush for the exit

Mumbai/IBNS: Shares of Thermax Ltd. tumbled sharply on Friday after the company reported a steep decline in its June quarter profit despite posting higher revenue, media reports said.

Dalal Street opens on a tightrope despite Wall Street's blockbuster night

Mumbai/IBNS: The Indian stock market opened on a flat note on Friday, with the BSE Sensex posting marginal gains while the NSE Nifty 50 slipped amid mixed global cues, media reports said.