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AMFI elects Sundeep Sikka as chairman, Vishal Kapoor as vice-chairman

Sundeep Sikka has been elected chairman and Vishal Kapoor as vice-chairman of AMFI. They will focus on expanding mutual fund reach, enhancing investor trust, and boosting financial inclusion

IIT Madras tops NIRF rankings for 2025, seventh consecutive year

IIT Madras topped the NIRF 2025 rankings for the seventh year in a row, followed by IISc Bengaluru and IIT Bombay. A new category on sustainable development goals was introduced this year

GST rate cut on cement to boost infrastructure and improve viability

Experts predict that the GST cut on cement from 28% to 18% will boost infrastructure project viability, encourage PPP participation, and enhance the sector's competitiveness

Reliance Jio crosses 500 mn users at 9 years, unveils anniversary offers

Reliance Jio has completed nine years with 500 million users, making it the world's largest mobile data network, and announced year-long offers including unlimited data weekends and special plans

RBI to conduct 8-day VRRR auction to absorb ₹1.5 trn from banking system

The RBI's VRRR operations are aimed at absorbing surplus liquidity from the system and anchoring short-term rates closer to the policy repo rate

Germany 'strongly' supports India-EU FTA by autumn: FM Johann Wadephul

Wadephul is on a two-day visit to India, which was planned earlier but comes on the heels of Prime Minister Narendra Modi's huddle with Russian President Vladimir Putin and Chinese President Xi

Zerodha faces brief tech glitch, app users report price update issues

Clients of Zerodha faced a brief technical glitch on Wednesday morning that affected price updates on its app, though the broker said order placement and web trading were not impacted

Suhora, Satellogic partner for exclusive Earth observation in India, Nepal

Suhora Technologies has secured exclusive rights to provide Satellogic's Earth observation data and services in India and Nepal under a multi-year, seven-figure deal

Indus Towers to enter Nigeria, Uganda and Zambia in African expansion

Indus Towers board has approved its foray into African markets, starting with Nigeria, Uganda and Zambia, leveraging Airtel Africa's presence to diversify revenue streams

TCS extends partnership with Tryg in 7-year deal worth Rs 5,695 crore

TCS has signed a €550 million, seven-year extension of its partnership with Scandinavian insurer Tryg to simplify IT operations, drive digital transformation and boost efficiency

Dhar's PM MITRA Park to be India's largest textile hub: CM Mohan Yadav

Madhya Pradesh CM Mohan Yadav said Dhar's PM MITRA Park will transform the state's textile sector, offering incentives to investors, with global brands already showing interest

New Irdai chairman Ajay Seth urges insurers to innovate using DPI framework

Ajay Seth, the new Irdai chairman, has urged insurers to experiment and innovate using digital public infrastructure rails to drive affordable and tailored insurance products

Upbeat GDP, auto sales data lifts mkts; Nifty logs biggest gain in 2 weeks

The rally was fuelled by better-than-expected GDP growth of 7.8% for the April-June quarter. Information technology stocks led the gains, benefiting from the rupee's new lows against the US dollar

Rajit Punhani takes over as FSSAI chief with focus on new food norms

Rajit Punhani, a 1991-batch IAS officer, has taken charge as CEO of FSSAI as the regulator prepares to finalise new food labelling rules mandating display of key nutritional information

L&T-SuFin targets $1 billion GMV in FY26 as B2B ecom growth surges

L&T-SuFin, the B2B e-commerce platform from L&T, has more than doubled GMV to $215 million year-to-date and is aiming to achieve $1 billion GMV in FY26 with expansion and new services

Tessolve raises $150 mn from TPG to expand semiconductor engineering

Tessolve has secured $150 million from TPG Growth to strengthen global delivery centres, expand advanced test labs and pursue acquisitions in semiconductor services

SBI signs Euro 100 mn line of credit with AFD to boost green financing

The funds raised will be used for climate mitigation actions aimed at reducing greenhouse gas emissions, the bank stated

Angel One, BSE shares lose nearly one-fifth value in six sessions

Angel One and BSE lose nearly 20% market value in six sessions as SEBI hints at reforms in equity derivatives, sparking fears over weekly contracts

Reliance rides AI wave with backing from global tech majors Google, Meta

For this Ambani announced joint ventures with Google and Meta, two of the world's largest tech firms

BS Infra Summit: India must support logistics, say industry veterans

India's maritime sector eyes growth with ₹80,000 lakh crore plan, focusing on ports, coastal shipping, logistics, and tech adoption to strengthen trade and blue economy