Page 16 - Press Trust Of India

Orient Cables to launch ₹552 crore IPO on Sep 25, price band at ₹258-272

The IPO comprises a fresh issue of equity shares worth up to ₹320 crore and an Offer for Sale (OFS) of shares aggregating up to ₹232 crore

India growth may slow in H2 FY27 as inflation, liquidity pose risks: DBS

DBS expects India's economic growth to moderate from 7.8% in FY26 as tighter financial conditions, higher energy costs and unfavourable base effects weigh on activity, while inflation risks persist

Air India to launch IFE platform in 2027, eyes higher ancillary revenues

As it prepares to enhance the digital experience for the passengers, the new In-Flight Entertainment (IFE) platform will also help in boosting the airline's ancillary revenues

SC seeks Centre response on plea against mandatory Vande Mataram singing

Krishna submitted that the last four stanzas of Vande Mataram expressly invoke devotion to Hindu deities, and mandating the singing of those portions violates the secular character of the nation

Doctors cannot evade govt service bond after subsidised PG education: HC

HC said the requirement of two years of compulsory government service was intended to ensure the availability of doctors in government hospitals and protect patients' right to life

IIT Bombay to replace ceiling fans with wall-mounted fans after suicide

Wall-mounted fans will be installed across all hostels on campus and in other utility areas across the campus

IIT Bombay students seek welfare reforms, mental health focus after suicide

Students have demanded stronger mental health support and a greater role in welfare decisions after Sahil Wakode's death

Jaishankar discusses India-EU cooperation, Ukraine with EU counterparts

Jaishankar arrived in New York on Sunday, leading an Indian delegation for the 81st session of the UN General Assembly

Gains must be fairly shared with workers for sustainable growth: CEA

He argued that the debate over fairness should not be framed as a choice between workers and businesses

Asiana Fund, JC Capital launch ₹1,000 cr advanced manufacturing fund

The Asiana-JCC Advanced Manufacturing & Innovation Fund comprises a corpus of Rs 600 crore with a greenshoe option of Rs 400 crore, the two firms said in a joint statement.

Delhi govt to bear 75% of project's cost under its new heritage scheme

The ceiling of maximum assistance fixed at Rs 2 crore per project in a financial year can be enhanced on the recommendation of a committee where a monument requires higher expenditure

Chennai Super Kings ropes in Zaheer Khan as Head Coach for IPL 2027

Chennai Super Kings on Monday named former India pace great Zaheer Khan as their new head coach for the upcoming season.

RBI sells ₹25K cr G-Secs in second OMO tranche to drain surplus liquidity

RBI on Monday accepted bids worth Rs 25,000 crore in the second tranche of its OMO sale of government securities, as it stepped up efforts to absorb surplus liquidity from the banking system.

No reason for India to slow AI push, focus is on applications: IT ministry

The government is concerned about issues related to AI safety, the sources said, adding that the obligation to report such incidents to authorities, exists today.

Tata Steel wants discussion with UK govt over delayed EAF project: CEO

Tata Steel is looking to have a discussion with the UK government to discuss issues being faced in timely implementation of the EAF project at Port Talbot, the company's CEO T V Narendran said.

India, Canada to hold next round of trade pact talks from October 5: Goyal

The negotiations for a CEPA between India and Canada are progressing and the next round of talks will be held from October 5, Commerce and Industry Minister Piyush Goyal said on Monday.

Govt asks Microsoft to set up data centres closer to power generation sites

Government asked Microsoft to locate future data centres closer to power generation sources rather than near cable landing stations, with IT Secy S Krishnan saying this would cut costs for both

Samvardhana Motherson's arm gets nod to acquire 50.1% in Rotary for ₹500 cr

Samvardhana Motherson Adsys Tech Ltd (SMAST), a subsidiary of auto components manufacturer Samvardhana Motherson International Ltd, will acquire a 50.1 per cent equity stake in Rotary Connectors

Govt should retain zero-fee UPI for few more years: NITI Aayog's former VC

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to retain zero-fee UPI transactions for a few more years

$127 bn foreign currency deposit mobilisation boost to Indian banks: S&P

Indian banks raised a record $127 billion in deposits through foreign currency non-resident bank (FCNRB) accounts between June 8 and August 31, 2026