Page 11 - Press Trust Of India

Amazon Pay India FY26 net loss widens to ₹1,148.5 crore, revenue up 18%

Digital payments firm Amazon Pay India Pvt Ltd has reported a widening of its standalone net loss to Rs 1,148.5 crore for the financial year ended March 31, 2026

NTPC pays ₹3,394 crore as final dividend to its shareholders for FY26

State-owned NTPC has paid a final dividend of Rs 3,393.83 crore to its shareholders for FY26.

Punjab government notifies 8% DA hike for employees and pensioners

The Punjab government on Wednesday notified an 8 per cent increase in dearness allowance (DA) for state government employees and pensioners, effective September 1.

NLC India raises ₹500 crore through issuance of commercial papers

Commercial papers are short-term, unsecured debt obligations issued by institutions and corporations as an alternative to costlier methods of funding

Bombay HC sets aside ₹79.7 crore GST demand on Karan Johar's firms

Bombay High Court ruled that cinematographic films do not qualify as IT software under GST, regardless of whether the content is delivered digitally or through hard disks

OECD raises India's GDP growth forecast to 7.1% citing resilient demand

OECD said structural policy reforms that enhance the ability of economies to cope with supply side disruptions are also a key priority for governments at the current juncture

OMCs face ₹530 crore daily fuel losses as crude prices surge: Icra

Crude oil prices have risen sharply in recent weeks amid escalating geopolitical tensions and supply disruptions in West Asia

E-2W maker Ultraviolette raises $85 mn to scale production, expand presence

The Bengaluru-based electric two-wheeler maker will use the fresh capital to expand production, develop new EV platforms and strengthen its overseas presence

RBI absorbs ₹75,026 cr via overnight VRRR auction amid surplus liquidity

The RBI has been conducting various VRRR auctions since last month to absorb excess liquidity from the banking system and align overnight money market rates to the repo rate

Asiad 2026: Jay Meena makes history with India's first soft tennis bronze

Meena, who hails from Madhya Pradesh's Dewas and is a 2022 National Games gold-medallist, struggled to find his rhythm early on as Kurosaka established an advantage, winning the first two games

Amazon opens first fulfilment, sort centres in Varanasi for festive season

Amazon said the Varanasi expansion is part of its nationwide network expansion, involving 20 new fulfilment centres, six sort centres and 150 last-mile delivery stations

Asiad 2026: India clinch twin skeet bronzes in men's and women's events

In the men's competition, Anantjeet Singh Naruka (119), veteran Mairaj Ahmad Khan (116) and Bhavtegh Singh Gill (111) snared the men's team bronze with a total score of 346

LSR to resume offline classes from Thursday after Astha Kunj gangrape

The college had cancelled classes on Tuesday and shifted Wednesday's classes online following the incident, citing concerns over the safety, security and well-being of its students

Instamart plans to expand battery-swapping stations network to boost EVs

Instamart is working with Yuma Energy to bring battery-swapping infrastructure closer to delivery partners by providing space at its PODs (dark stores) for Yuma's swapping stations

Banks to remain open on Sunday ahead of proposed 3-day strike from Sep 28

The UFBU, which claims to represent 90 per cent of the banking workforce, is set to go on a three-day strike beginning September 28, primarily seeking a 5-day banking week, among other demands

Zoho launches Zia Chat, enters vertical SaaS with seven industry apps

Zia Chat is built natively into Zoho's ecosystem and gives users a single conversational interface to find information, generate leads, resolve support issues and analyse data across various sectors

Delhi L-G orders safety audit of all parks after Astha Kunj gangrape

The 17-year-old girl from Faridabad was gangraped by three men at Ashta Kunj Park near the Kalkaji temple on Monday evening

ADB raises India's FY27 GDP growth forecast to 7% on strong Q1 growth

The ADB's latest projection marks an upward revision of 0.4 percentage points from its July forecast of 6.6 per cent for FY2027

IIT Bombay prof Doolla sent on leave amid probe into student's death

Prof Doolla has been sent on leave after being removed from his dean post to enable an impartial probe, with no classes currently underway

Domestic air passenger traffic falls 6.34% to 12.13 million in August: DGCA

Domestic airlines carried 12.13 million passengers in August, down 6.34 per cent from a year earlier, while Air India Group gained market share and IndiGo's share declined