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Turning into a sports hub will build Brand UP, says Navneet Sehgal

In an interview with Business Standard during the Samriddhi programme in Lucknow, Sehgal said that organising big events is necessary for the state's development

Tamil Nadu amends policy to enable registration of e-autorickshaws, e-taxis

Earlier, permits were not being issued to battery-operated passenger vehicles and passenger vehicles driven on methanol or ethanol fuel

Aadhaar-based face authentication being used by 47 entities: Govt

This is the second consecutive month to register more than 10 million face authentication transactions

Coromandel International buys 32.68% in drone major Dhaksha for Rs 204 cr

The Murugappa Group had earlier acquired 18.34 per cent in Daksha through its investment arm Dare Ventures

IndiGo first airline stock to cross market capitalisation of Rs 1 trn-mark

The carrier had earlier this month placed an order for 500 A320 family aircraft, which will be delivered between 2030 and 2035. It is the world's largest single-tranche aircraft order

P&G India to invest Rs 2,000 cr to set-up manufacturing facility in Gujarat

Over the last decade, P&G has invested over Rs 8,200 crore ($ 1 billion) through its operations in the country

Deposit claims worth Rs 752 cr settled in FY23: Financial Stability Report

In absolute terms, the insured deposits amounted to Rs 83.89 trillion as of March 31, 2023

Meta announces a fund for Indian startups building XR apps

Up to five Indian developers 18 years or more, and startups will receive a financial grant, along with dedicated mentoring and guidance from the Meta Reality Labs experts

India's current account deficit narrows to 0.2% of GDP in Q4 FY23

For FY23, it widens to 2% of GDP against 1.2% in FY22

Vedanta-Foxconn JV reapplies for chip manufacturing unit incentives

The company had earlier announced that the plant will be set up in Dholera, Gujarat, with an investment of around Rs 1.5 trillion and start making revenue by 2027

ThoughtSpot acquires business intelligence firm Mode Analytics for $200 mn

Deal to take ThoughtSpot's ARR past $150 million, double its customer base; will also expand its presence in India to Kolkata, where 31 Mode Analytics staffers will join ThoughtSpot team

TCS gets external auditor to assist investigation of jobs-for-bribe scandal

Sources say probe will take 45 days to complete; company tells exchanges scam had no financial impact

Hindenburg report 'targeted misformation', false allegations: Gautam Adani

'Vested interests tried to opportunistically exploit' short-seller's claims, says billionaire

No subpoena received from the US authorities, clarifies Adani Group

In a late evening statement, the group said it is routine that various regulators seek access to public material in an easy and referenceable manner

Infra.Market acquires majority stake in Strata Geosystems for Rs 910 cr

Infra.Market is a B2B marketplace for construction materials

Shares of Shree Cement decline nearly 6% amid tax survey reports

The development happened after some news reports alleged that the Kolkata-based cement manufacturer could have evaded taxes worth Rs 23,000 crore

AUM of domestic passive funds tracking Nifty indices tops Rs 5-trn mark

As of May 31, 2023, there are 251 passive funds tracking 101 unique Nifty indices

ICICI Securities surges 10% on buyback plan, valuation hits Rs 20,000 cr

Board to meet on July 29 over proposal; Drone maker Ideaforge Tech's IPO subscribed 3x on heavy retail interest

Generative AI to flexi batteries: Here's WEF's list of top 10 emerging tech

The technologies featured in the Top 10 Emerging Technologies Report 2023 have the greatest potential to positively impact the world

TCS enters strategic partnership with Standard Life International DAC

With this partnership, TCS will set up a customer operations centre in Germany and a future-ready life and pensions digital platform for Germany and Austria