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Infosys Foundation announces STEM scholarship for underprivileged girls

Programme commits Rs 100 cr, will support more than 2,000 girl students in first phase

Tamil Nadu to come up with India's first drone common testing centre

TIDCO is the nodal agency for the implementation of the Tamil Nadu Defence Industrial Corridor

Shobha Gangwal sells 3% in InterGlobe Aviation stake, mops up Rs 2,802 cr

Shares of InterGlobe finished at Rs 2,458 on Wednesday, down 3.6 per cent over its previous day's close

GenAI to create transformational business benefits within 2-5 yrs: Gartner

The four themes of emerging technology trends identified are Emergent AI, developer experience (DevX), pervasive cloud, and human-centric security and privacy

Shares of SBFC Finance gains 62% on trading debut, subscribed over 70 times

The company has 152 branches spread across 120 cities and 16 Indian states

Deloitte exit triggers sell-off in Adani stocks; m-cap down by Rs 25k cr

Stocks sink 2-4 per cent, leads to Rs 25,000-crore hit on m-cap

E-commerce retailer Nykaa's stock declines the most in nine months

The brokerage downgraded the stock to ADD and revised its target price to Rs 165 from Rs 210

TVS Supply Chain IPO subscribed 2.8 times on last day of subscription

The company had earlier raised Rs 396 crore from 18 anchor investors

RBI to commence public tech platform pilot for credit on August 17

The Platform is being developed by Reserve Bank Innovation Hub (RBIH), a wholly owned subsidiary of RBI

Ashok Leyland acquires OHM to house E-MaaS business, will invest Rs 300 cr

Electric mobility as a service 'important part' of commercial electric vehicle business, says conglomerate

ChatGPT costs $700,000 daily, maker may go bankrupt in 2024: Report

The report noted that even though CEO Sam Altman does not own equity in OpenAI, the company shifted from being a non-profit to profit way back

Bandhan Sterling Value Fund: Setting new benchmarks and surpassing peers

The fund's month-end assets under management increased to Rs 6,122 crore in June 2023 from Rs 2,339 crore in June 2020

Deloitte quit after not getting auditorship of other group companies: APSEZ

Deloitte was not willing to continue as APSEZ's statutory auditor and, therefore, it was agreed to amicably end the client-auditor contractual relationship

Bank of Baroda, Canara Bank, BoM raise rates by up to 10 basis points

One year MCLR hiked to 8.7% with effect from Saturday

Indian economy to grow at 6% in FY24 due to global slowdown

"The Q1 industrial growth remained buoyant, especially construction and consumer non-durables; however, the agricultural growth was muted and the services growth was sluggish," it said

Citi sells TaMo shares worth Rs 2,089 cr, TVS Supply Chain subscribed 55%

The price band for the TVS Supply Chain IPO is Rs 187 to Rs 197 per equity share

Verizon Business inks pact with HCLTech for managed network services

On the other hand, Verizon Business will continue to lead all customer acquisition, sales, solutioning, and overall planning and development with its customers

Chemplast Sanmar completes first phase of Rs 680 crore expansion plans

The new production block is designed and constructed based on best-in-class safety standards for such a facility

Kareena Kapoor Khan acquires minority stake in e-commerce brand Pluckk

Actress will be brand ambassador of lifestyle-oriented fresh fruit and vegetables brand

Home liftmaker Nibav in talks with global PE firms to raise $100 mn by Nov

Currently, the company produces approximately 350 units per month, and it aims to double this figure by the end of the year, reaching around 700-800 units