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Tata Sons, Trusts to set up a new Trust for long term care of AI victims

Chairman N Chandrasekaran told Tata Sons' board that a dedicated trust will be created with Tata Trusts to provide long-term support to victims' families

MSME credit top Rs 40 trillion as of March 2025, grows 20% annually

The increase has been primarily driven by strengthened priority sector lending (PSL) norms, targeted government initiatives, and increased digitalisation

Make GIFT IFSC competitive to attract HNI funds: FM Sitharaman

The minister who was in GIFT City, Gandhinagar for a high-level review of the IFSC's progress, emphasised the need to make it competitive

Strong demand for Ellenbarrie, Global Civil; Kalpataru sees 2.3x bids

Kalpataru IPO sees modest interest; Ellenbarrie and Global Civil Projects attract overwhelming demand from institutional and HNI segments on final day

Zohran Mamdani's NYC mayoral win draws sharp political reactions in India

Congress and BJP leaders criticise Mamdani for past comments on Modi, Ayodhya, and 2002 riots after his Democratic primary win for New York City mayor

Private equity flows into Indian real estate fall 41% in H1 CY25: Report

Amid global macroeconomic headwinds, PE flows into real estate fell to USD 1.7 billion in H1 CY25, with rising domestic capital and office segment resilience

Arkade acquires redevelopment project in Goregaon, eyes ₹350 cr in revenue

The 1.1-acre Goregaon West society deal marks Arkade's fifth project in the micro-market as it deepens redevelopment focus in Mumbai's western suburbs

Netherlands-based firm Prosus sees IPO upside in India as portfolio matures

With $6.5 billion in Indian assets, the Dutch firm eyes near-term returns from listings, including Urban Company and BlueStone, amid sustained tech investment

HDB Financial Services raises ₹3,369 crore through anchor allotment

The prominent institutional investors who participated in the anchor allotment included Life Insurance Corporation, ICICI Prudential Mutual Fund, Nippon Life, and Goldman Sachs Funds, among others

India praises US, Qatar role in Iran-Israel truce, urges stability

India says there is no alternative to diplomacy to resolve conflicts and expresses readiness to support peace efforts following Iran-Israel ceasefire reports

HCLTech, AMD launch innovation labs, training to fast-track enterprise AI

HCLTech and AMD partner to build innovation labs and enterprise training modules that combine AMD chips with HCLTech's expertise in digital transformation and AI

Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar

Overly, an independent director since 2021, brings over four decades of global manufacturing experience to the role following the passing of former chairman Sunjay Kapur

Motilal Oswal Alternates exits all investments from its second realty fund

MO Alternates has exited all 14 investments in its Rs 489 crore IREF II real estate fund, delivering 18.3% IRR despite regulatory and market disruptions

Jaishankar calls India's trade pacts with mature markets 'space to watch'

Jaishankar says India is now focusing on FTAs with mature, rule-bound markets like the UK, EU, and US, moving away from Southeast Asia to ensure balanced, transparent trade partnerships

Arisinfra Solutions subscribed 2.6x; Sambhv Steel prices IPO at ₹77-₹82

Sambhv Steel IPO is a mix of fresh issue of equity shares valued at ₹440 crore and an offer for sale of shares worth ₹100 crore by promoters

TCS expands SDV capabilities with new centres in Germany and Romania

TCS launches automotive delivery centres in Munich and Villingen-Schwenningen and an engineering hub in Romania to support global shift to software-defined vehicles

Rift in Sun family: Dayanidhi sends legal notice to brother Kalanithi

Dayanidhi Maran accuses brother Kalanithi of fraud and demands reversal of shareholding changes in Sun TV Network dating back to 2003

Listed REITs can expand as 47% of office stock is over 10 yrs old: Anarock

Anarock and Colliers reports show only 117.2 million sq. ft. under listed REITs in India with ageing Grade A stock and micro-market concentration offering growth opportunities

Tata to create a new trust to help Air India crash victims: Chandrasekaran

"We are looking at the option to set up an AI171 trust to help the families," Chandrasekaran, who first heard about the crash in his Mumbai office, said

India launches Operation Sindhu to evacuate its citizens from Iran

As part of Operation Sindhu, 110 Indian students were evacuated from northern Iran to Armenia and flown to Delhi; the government continues efforts amid West Asia tensions