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Finance

Invesco Mutual Fund unveils Invesco India Nifty India Defence Index Fund and Invesco India Nifty Chemical Index Fund. When will NFO open?

Invesco Mutual Fund today announced the launch of the Invesco India Nifty India Defence Index Fund (an open-ended scheme replicating/tracking Nifty India Defence Index) and Invesco India Nifty Chemical Index Fund (an open-ended scheme replicating/tracking Nifty Chemical Index) offering investors an opportunity to participate in two sectors benefiting from long-term structural and policy-driven growth trends in India.

UPI payments above Rs 2,000: Will you have to pay a charge? Here's what the new rule says

New Delhi/IBNS: The government's latest notification on UPI transactions has triggered confusion among users over what happens when they make a payment of more than Rs 2,000.

‘Today is your last working day’: Oracle begins fresh round of layoffs

Oracle has begun a fresh round of layoffs, with employees receiving early-morning emails informing them that their positions had been eliminated as part of a broader organisational restructuring, according to media reports.

Greenply partners with GreenLine to drive greener logistics with LNG-powered trucks. All details here

Greenply Industries Limited on Monday announced its partnership with GreenLine Mobility Solutions Ltd, a leading green logistics operator driving the decarbonisation of the heavy trucking sector in India, to integrate LNG-powered transportation into its outbound logistics operations.

WPI inflation rises again! India’s wholesale prices jump to 9.92% in August

All India Wholesale Price Index (WPI) inflation for August 2026 is 9.92 per cent on year-on-year (YoY) basis, compared to 9.78 per cent in July 2026,as per government data released on Monday.

Axis Bank, Hitachi Payment Services unveil AI-powered solutions for smarter banking and merchant payment experiences. All details here

Private sector lender Axis Bank, in collaboration with Hitachi Payment Services, an end-to-end payments and commerce solutions provider, has unveiled two AI-powered innovations — Express Banking: Digital Banking Point 2.0 and AI Soundbox.

Flipkart Minutes’ 2-year surge: 4X growth and a 150-city footprint

Flipkart Minutes, the quick commerce offering from Flipkart, recently marked two years since its launch in August 2024, having grown 4X year-on-year and expanded to nearly 1,200 micro fulfilment centres across more than 150 cities.

Ultraviolette announces BIGGA factory; set to scale production to 250,000 units for The Tesseract

Electric two-wheeler manufacturer Ultraviolette has announced plans to establish its BIGGA (Big Global Ambition) Factory, a state-of-the-art manufacturing facility in Hosur, Tamil Nadu, as part of its strategy to significantly expand production and strengthen its presence in domestic and international markets.

Modi government gets IMF backing on 7.8% GDP growth amid data row

Giving a boost to the Narendra Modi-led government, the International Monetary Fund (IMF) has backed India’s 7.8% GDP growth recorded in the April-June quarter, saying the South Asian nation remains a key growth engine for the world.

Mahindra Truck and Bus launches BLAZO i-TRK heavy commercial truck. All details here

Mahindra Truck and Bus, part of the Mahindra Group, on Thursday announced the launch of the all-new BLAZO i-TRK, a next-generation heavy commercial truck built around the promise of “Profit Ka Rocket” for transporters and fleet owners.

Piyush Goyal calls for deeper, resilient and more balanced Intra-BRICS trade

With BRICS accounting for nearly one-fourth of global trade, Union Minister of Commerce and Industry Piyush Goyal on Thursday underlined the need for member and partner countries to build deeper, more resilient and balanced trade partnerships.

TCS launches India’s first lights-out factory lab to advance AI-first manufacturing. All you need to know

Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has launched the TCS Industrial Autonomy & Engineering Lab – Lights-Out Factory, at its Sahyadri Park campus in Pune.

IGM appoints ex-CEO of Diamond India as MD of BullionX

India Gold Metaverse (IGM) has announced the appointment of former CEO of Diamond India Ltd, Nirakar Chand, as the Managing Director of its bullion business vertical, BullionX, a technology-enabled ecosystem for modern bullion markets.

Sona College of Technology's 25th graduation day: 1,325 students receive BE, BTech, ME, MCA, MBA and PhD degrees

Sona College of Technology celebrated its 25th Graduation Day, with 1,325 students from the Class of 2025 receiving their degrees, including 1,039 undergraduate students, 271 postgraduates and 15 doctoral scholars. Of the undergraduate graduates, 155 secured First Class with Distinction, 878 First Class and only six Second Class.

Middle East tensions won’t dampen India’s festive jewellery demand, says CaratLane MD

Tata Group-backed jewellery major CaratLane's Managing Director Saumen Bhaumik said the ongoing geopolitical tensions in the Middle East are unlikely to impact domestic jewellery sales during India's upcoming festive season.

L&T breaks new ground: India’s first private corporate to issue Tokenised Bond

Larsen & Toubro (L&T) has become the first private sector corporate in India to raise ₹500 crore through tokenised bonds with a 3-year tenure, under the Securities and Exchange Board of India’s (SEBI) newly introduced blockchain-based tokenisation framework.

Adani Airport Holdings to raise Rs. 9,825 crore from global investor consortium. All details here

Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited (AEL) and one of India’s largest private airport operators, has entered into binding agreements to raise ₹9,825 crore (approximately USD 1 billion) in primary equity capital from a consortium comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds.

Adani Ports lands major Paradip berth deal: What does the 18 MMT expansion mean?

APSEZ, an Integrated Transport Operator, has emerged as the highest bidder and received the Letter of Award (LoA) for the development and operation of two dry bulk berths at Paradip port in Odisha.

After 3,300 job cuts, Uber tightens work-from-home rules: Only 1% employees to remain fully remote

Amid its massive layoff drive, Uber has decided to tighten its rules for employees working from home by introducing a stricter return-to-office policy, media reports said.

Financial Fraud Risk Indicator prevents suspected cyber fraud transactions worth over ₹5,000 crore, says DoT

The Indian Department of Telecommunications (DoT) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore through its Financial Fraud Risk Indicator (FRI) within fifteen months of its launch on May 22, 2025.
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