BigMint India Ferrous Week in Kolkata: Bengal announces new industry policy as steel sector eyes AI-driven growth
Kolkata/IBNS: BigMint India Ferrous WeekBigMint India Ferrous Week hosted its 9th edition in Kolkata last week.
Finance
RBI’s big forex boost: Banks mobilise $73 billion in just 11 weeks
The Reserve Bank of India’s special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCB) and External Commercial Borrowings (ECB), launched on June 8, 2026, has mobilised $73 billion in foreign exchange inflows as of August 21, according to the government.
Tata Sierra.ev gets 5G superpowers as Tata Motors bets big on software-defined cars
Tata Communications, a communications technology player, and Tata Motors Passenger Vehicles (TMPV) have announced a collaboration to power the newly launched Sierra.ev with built-in 5G cellular connectivity, paving the way for next-generation software-defined vehicles (SDVs).
Bajaj Life Insurance launches ‘BSE 500 Momentum Value 50 Index Fund’ for ULIP customers. How to avail it?
Bajaj Life Insurance, a private life insurers, has announced the launch of its New Fund Offer (NFO), Bajaj Life BSE 500 Momentum Value 50 Index Fund.
Sensex, Nifty slip in morning trade as metal stocks retreat; Shankesh Jewellers, Sunshine Pictures debut higher
Mumbai/IBNS: India’s key equity benchmarks traded with modest losses in morning trade on Tuesday, with the Nifty slipping below the 24,150 mark as metal stocks retreated after three consecutive sessions of gains.
TCS, Porsche join forces in major AI move to transform mobility
Indian IT major Tata Consultancy Services (TCS) has announced a strategic partnership with Porsche AG to enable artificial intelligence (AI) services across the German luxury carmaker’s mobility value chain.
IHC, Oriental Hotels Limited announce merger. Why do you need to know about it?
The Indian Hotels Company Limited (IHCL) on Monday announced that Oriental Hotels Limited (OHL) will be merged with IHCL through a Scheme of Arrangement, subject to statutory approvals and clearances.
Tata Power Renewables marks a major milestone with the commissioning of 190.5 MW FDRE project in Rajasthan. All details inside
Tata Power Renewable Energy Limited (TPREL), one of India's leading renewable energy companies and a subsidiary of The Tata Power Company Limited (Tata Power), has commissioned its 190.5 MW Solar FDRE project at Kalasar, Bikaner, Rajasthan which is under the contractual capacity of 460 MW Firm and Dispatchable Renewable Energy (FDRE) Project.
Samsung's big AI push in India: New Pune facility to power next-gen data centre cooling
Samsung Electronics recently announced the completion of a new heating, ventilation and air conditioning (HVAC) manufacturing facility operated by FläktGroup, a Samsung company, in Pune, Maharashtra, strengthening Samsung’s push into the fast-growing AI data centre cooling and HVAC markets in India and across Asia-Pacific.
China orders massive EV recall: Nearly 3 million Teslas among 4.3 million vehicles affected
China has launched its biggest vehicle recall so far, affecting approximately 4.3 million cars made by Tesla and several Chinese automakers amid concerns that emergency door-opening mechanisms may be difficult to find or use when needed.
Anil Balaji Steel eyes Odisha, UP expansion; targets Rs 500 crore turnover by 2030
Anil Balaji Steel founder and chairman Anil Kumar Agarwal has said the company plans to establish a presence in Odisha and Uttar Pradesh by 2030 and expand its manufacturing capacity as part of its growth strategy.
Apple layoffs: Over 200 'jobs cut' as company reshuffles Siri and Vision Pro teams
Apple is cutting jobs across teams responsible for its Siri digital assistant and Vision Pro headset as the tech giant seeks to refocus its efforts on artificial intelligence (AI) and new devices, media reports said.
He earns Rs 32,000, but bought an Rs. 85,000 watch on EMI—Sparks off online debate
An Indian man has sparked an online debate after spending ₹85,000 on a luxury watch through EMI despite earning a monthly salary of ₹32,000.
Yes Bank launches ‘YES Essence’ for women. How can you avail it?
Private sector lender Yes Bank has announced the launch of the YES Essence Credit Card women.
Cellecor becomes first Indian consumer electronics brand to manufacture in Africa. All details here
Cellecor Gadgets Limited, a major consumer electronics brands, has become the first Indian consumer electronics brand to move towards manufacturing in Africa.
Citibank N.A. India’s client asset book crosses ₹1 lakh crore despite consumer banking divestiture
Citibank N.A. India on Friday announced that its institutional asset book has crossed the landmark ₹1,00,000 crore milestone.
Aditya Birla Capital enters gold loans: What consumers should know
The NBFC business of Aditya Birla Capital Limited,a financial services company, has announced its entry into the Gold Loan business, marking a strategic expansion of its secured lending portfolio.
Cricket meets tech! TCS joins European T20 Premier League in major digital push
Multi-year partnership brings together one of the world's leading technology companies and Europe's newest franchise cricket league to redefine the digital fan experience through AI and innovation.
Trump’s ‘economic D-Day’ warning to Iran rattles markets: Sensex, Nifty turn volatile
Mumbai/IBNS: The Indian stock market remained volatile in early trading on Friday amid persistent geopolitical tensions in West Asia.
IndusInd Bank takes major climate step: Joins global PCAF initiative to track carbon footprint
Mumbai/IBNS: IndusInd Bank has announced that it has joined the Partnership for Carbon Accounting Financials (PCAF), a global collaboration of financial institutions working to develop and implement a harmonised approach for measuring and disclosing greenhouse gas (GHG) emissions associated with financial activities.
Franklin Templeton National Mutual Fund Olympiad returns for second edition, targets 50,000 students
Kolkata/IBNS: Financial literacy initiative FinX on Sunday announced the second edition of the Franklin Templeton National Mutual Fund Olympiad at the Indian Institute of Foreign Trade (IIFT), Kolkata, with around 50,000 students expected to participate this year.
Hisense India opens first experience centre in Gurugram: See its biggest TVs, smart appliances and more
Tech giant Hisense has opened its first Product Experience Centre in India along with its new headquarters at AIPL Masterpiece in Gurugram.
Indian stock market extends losing streak: Sensex, Nifty fall again
The Indian equity market extended its losing streak for the seventh consecutive session on Wednesday, mirroring the cautious sentiment prevailing across global markets.
Piyush Goyal heads to Singapore: What India’s Commerce Minister will discuss during key 3-day visit
Union Minister of Commerce and Industry Piyush Goyal is visiting Singapore from August 19-21 as part of continued high-level engagement under the India-Singapore Ministerial Roundtable (ISMR) framework.
Spalba’s big Vietnam push: 2 new properties signal major Southeast Asia expansion
SaaS-enabled B2B event marketplace Spalba has entered Vietnam with the signing of Angsana Lăng Cô and Banyan Tree Lăng Cô , as it looks to tap the country's growing MICE market and build a larger presence across Southeast Asia.
India’s electronics boom gets a big push: MeitY approves 31 projects worth Rs 6,844 crore
The Ministry of Electronics and Information Technology (MeitY) has approved 31 additional proposals under the Electronics Components Manufacturing Scheme (ECMS), involving a projected investment of Rs 6,844 crore.
Uber partners with ixigo to offer train ticket booking on app. How to do it?
Ridesharing major Uber on Tuesday announced the launch of Train Ticket Booking on its app in partnership with ixigo, India’s leading AI-native travel platform.
Qatar-India remittances get a major digital upgrade with new UPI-powered service
The Qatar-India remittance service based on PosTransfer powered by UPI is now operational, enabling customers in Qatar to send money directly to UPI-enabled bank accounts in India through Qatar Post outlets.
BPCL flags off first extreme weather grade diesel rake from Bina Refinery to power Indian Army’s high-altitude operations
Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, marked a significant milestone in its commitment to national service and technological innovation with the flag-off of the first Extreme Weather Grade (XWG) Diesel Rake from its Bina Refinery on 17 August 2026.
L&T secures ultra-mega order for strategic offshore development project in Middle East
L&T Energy Hydrocarbon Offshore (LTEH Offshore) on Monday said it has secured an ultra-mega order from a client in the Middle East. The project involves the development of multiple offshore facilities.