Page 47 - Bs Reporter

Radhakrishnan vs Reddy: MPs set to elect India's next Vice President

The NDA has a clear majority in the vice presidential election with 425 MPs, while opposition nominee B Sudershan Reddy banks on cross-voting amid YSRCP and fence-sitters

Infosys to consider share buyback proposal at board meeting on Sept 11

Infosys will review a proposal for share buyback at its September 11 board meeting, the first since its Rs 9,300-crore buyback in 2022 at Rs 1,850 per share

Sebi revises settlement dates after September 8 declared holiday

Sebi has changed settlement schedules for derivatives, cash, and SLB segments after clearing corporations declared September 8 a holiday, ensuring smooth market functioning

ACME Solar places 2 GWh battery storage order via Posco, China FAW

ACME Solar has ordered 2 GWh of battery energy storage from Chuzhou Lishen through POSCO and China FAW Group, taking cumulative procurement beyond 5 GWh

Gautam Solar to set up ₹4,000 cr 5 GW solar cell plant in MP by 2026

Gautam Solar will invest Rs 4,000 crore to build a 5 GW solar cell facility in Gwalior, with Phase 1 of 2 GW capacity to be completed by 2026 and expansion planned through an IPO

Instamart launches mega sale with up to 90% discounts, 10-min delivery

Swiggy's Instamart launches Quick India Movement 2025 sale from Sept 19 to 28, offering up to 90% discounts, 50,000 products and 10-minute deliveries for festive shoppers

From automobiles to agriculture, EY analysis on impact of GST rate change

Relief from long-pending disputes around GST rates on auto components with a single GST slab of 18%

Markets log best week in 2 months as GST revamp boosts growth hopes

Benchmark indices end the week higher, posting their best gains in over two months, with optimism from GST reforms on everyday goods

Sebi cautions investors against fraudsters impersonating the regulator

Sebi warns investors about fraudsters using its logo and letterhead to impersonate officials, asking for payments related to compliance services and penalties

Swiggy enters gifting market, unveils 'Giftables' ahead of festive season

Swiggy launches 'Giftables', a curated gifting service offering personalised gift options, delivered in under an hour, as quick-commerce firms race to expand offerings during the festive season

Corporate fundraise slows to Rs 1.2 trn as yields harden in July-August

After raising Rs 3.4 trillion in Q1FY26, corporates tapped only Rs 1.2 trillion in July-August as rising G-sec yields and fiscal worries curbed bond market activity

UTI AMC elevates CIO Subramaniam as CEO; Bandhan AMC set for SIF foray

UTI AMC names Vetri Subramaniam as next MD & CEO from Feb 2026, while Bandhan AMC secures SEBI nod to launch specialised investment funds under its new brand

Fixed deposit rates of 10 finance companies: Know terms and tenures

All companies offer an additional interest rate for senior citizens, according to Paisabazaar

PM Modi, EU leadership pledge to conclude FTA negotiations by year-end

PM Modi held a joint phone call with EU leaders, pledging to conclude the FTA talks by year-end, discuss the 2026 India-EU Summit, and advance the India-Middle East-Europe Economic Corridor (IMEEC)

IndusInd Bank refutes ex-CFO Gobind Jain's allegations against chairman

IndusInd Bank has rejected allegations made by its former CFO, Gobind Jain, against Chairman Sunil Mehta, calling the claims meritless and part of an attempt to deflect accountability

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