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IRB Infra soars 10%, most among A-group stocks, after 3x price target

Debt reduction, renewed govt focus on BOT projects, attractive valuations and strong revenue growth forecasts could lead to a re-rating of the stock

Digital Banking Units to further augment digital infra, says RBI governor

The units will start will disbursing small ticket retail, MSME loans

99.99% of Zee Entertainment shareholders vote for merger with Sony

Attention will likely shift back to the Competition Commission, which had granted conditional approval to the proposed deal last week

Kirloskar promoters get a breather in the insider trading case

The three-member SAT bench dismissed Sebi's argument that certain entities gained undue advantage of any UPSI

ONDC to start outreach programme to help sellers speed up their business

The first event of the programme will be an introductory session in Delhi NCR for restaurants, food entrepreneurs and cloud kitchens, on Oct 17

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Instagram introduces new age verification feature for users in India

People will now be able to ask others to vouch for their age or use tech to confirm their age based on video selfie. Earlier, verification was possible only by uploading driving license or other ID

Health Ministry sends high-level team to UP for dengue management

The team will collaborate with the State health authorities in instituting public health measures for Dengue management in Firozabad, Agra and Etawah districts

Federal Bank posts highest-ever quarterly profit; up 53% over last year

NII up 19.1% to Rs 1,762 crore, other income rises 24% to Rs 610 crore

Sebi moves Supreme Court against SAT ruling in NDTV matter: Sources

Sources said Sebi's appeal before the SC is in order to ensure that the SAT order doesn't set a precedent where promoters of listed companies convert loans into shares without triggering an open offer

Mindtree Q2 net profit rises 27.5% to Rs 508 cr; revenue up 31.5%

Mindtree signed total contract value (TCVs) worth $518 million, taking its first half of FY23 TCV to $1 billion for the first time ever

BofA cuts Nifty target to 17,500, cites rupee depreciation, global slowdown

In August, BofA had revised its Nifty target upwards twice citing reduction in macro uncertainty

Sebi issues framework for dealing with suspension of rating agencies

The regulator has directed CRAs to disclose prominently on their website Sebi's order on suspension or cancellation

Infosys, Kotak Mahindra Bank, Maruti Suzuki among top buys for MFs in Sept

Besides Maruti Suzuki, domestic funds added Hero Motocorp while they trimmed positions in Tata Motors, Ashok Leyland and TVS Motors

Ed-tech firm FrontRow lays off 75% of staff, day after Byju's move

Second round of sacking to save costs reduces FrontRow's headcount to 45 people

Shareholders of PVR approve the proposed merger with Inox Leisure

The proposal was passed by over 99 per cent of the number of valid votes cast, PVR said

Uber, Ola, Rapido continue auto services despite Karnataka govt's ban

Bengaluru is estimated to have about 200,000 autorickshaws out of which around 100,000 offer services through ride-hailing platforms

West Bengal govt hands over Letter of Award for Tajpur port to Adani Ports

At the event attended by industrialists and CEOs, Banerjee pointed to the growth in agricultural output and said, "Similarly, we have to take care of industry and investment."

Ozonetel starts WhatsApp platform for firms' customer communications

Service will reduce organisations' cost of operations by over 75%, says company

E-commerce solutions provider Assiduus Global raises $15 mn in funding

The company will use the financing to improve its technology and expand its business