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Shipping & logistics firm UPS opens India's first tech centre in Chennai

Around 100 candidates were already hired in Chennai with plans to hire 350 by the end of 2023 and up to 1,000 by 2025 across India

Apollo plans to expand connected care programme across the country

For the past two years, Apollo has been piloting Apollo Connect with specialty hospitals and nursing homes pan-India and has seen immense success across the board

PepsiCo India joins ONDC Network to expand retail reach: Ahmed ElSheikh

PepsiCo's consumer portfolio in India includes Pepsi, 7UP, Mountain Dew, among beverages and food including Lay's, Kurkure, Doritos, and Quaker Oats

Shriram Finance's Umesh Revankar takes charge as chairman of FIDC

Revankar, the newly elected chairman of FIDC, expressed his gratitude and enthusiasm for the opportunity

IndoStar Finance Capital offloads corporate loans to Phoenix ARC

Offloads stress loans with dues worth Rs 915 cr

CSM Tech, IIT-M to build autonomously driven electric race car by 2025

CSM Tech is backing Raftar, a motorsports team run by the students of IIT Madras, which has won the Formula Bharat thrice, more than any other peer

Jio Financial's exclusion from BSE indices postponed by another 3 days

Jio Fin was expected to sell worth over Rs 7,300 crore from exchange-traded funds and global depository receipt holders

Antfin sells 3.6% in Paytm; Vishnu Prakash IPO subscribed nearly 10x

Analysts said the selling pressure on the stock could ease over the next few days. Investors are also looking for cues from RIL's annual general meeting (AGM) on Monday

Market regulator Sebi mulls new fee collection system for advisors

Under this proposed mechanism, all fees paid by clients will be processed on a designated platform and directed to a Sebi-recognised supervisory body

Infosys signs women's tennis champ Iga Swiatek as brand ambassador

Infosys has been engaged with tennis for over eight years, serving as the digital innovation partner for prestigious events

Gupshup launches domain-specific ACE LLM for customer interactions

Built upon foundation models such as Meta's Llama 2, OpenAI GPT-3.5 Turbo, Mosaic MPT, Flan T-5, and others, ACE LLM has been adapted for specific industries and functions

Sensex, Nifty decline after three days of gains; Jio Financial falls 4.99%

Both the Sensex and the Nifty declined over a per cent from the day's highs amid a 2.5 per cent drop in RIL from its intra-day high

Jio Financial Services stock declines 5% for a fourth straight day

The sharp drawdown has been on account of selling pressure from exchange-traded funds and global depository receipt holders

India's fuel subsidies fourth largest in the world, shows IMF data

India's per capita fuel subsidies was much lower at $245 compared to Saudi Arabia ($6996), South Korea ($3120), Russia ($2982), Japan ($2498), US ($2243) and China ($1568)

Aeroflex Industries IPO subscribed 97 times; VPRPL subscribed 3.7 times

Backed by famed investor Ashish Kacholia, Aeroflex has priced its issue between Rs 102 and Rs 108 a share

Infosys signs up global tennis legend Rafael Nadal as brand ambassador

This marks Nadal's first-ever collaboration with a digital services company

E-commerce firm Meesho aims to digitise 10 mn small businesses by 2027

The company said this would unlock new opportunities for small, medium, and local enterprises with an annual turnover below 40 lakhs, to embrace digital commerce

RBL Bank increases savings account interest rates up to 150 basis points

For daily balances between Rs 25 lakh to Rs 2 crore, bank will pay 7.5 per cent (per annum) as against 7.0 per cent rate

Jio Financial hits down limit for third day, Aeroflex subscribed 21 times

Market players expect the selling pressure to continue until the selling by passive funds is fully absorbed

NCDRC dismisses appeal filed by Cloudtail challenging CCPA's order

CCPA had asked the company to recall 1,033 cookers in violation of BIS standards; had levied penalty of Rs 1 lakh on the company