The Boards of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) have approved the Scheme of Merger under which REC will merge into PFC, subject to the approval of shareholders, creditors, and regulatory authorities.
Mumbai/IBNS: Shares of electric vehicle (EV) companies surged on Tuesday after the Delhi government approved a major electric vehicle policy aimed at accelerating the adoption of clean mobility, according to media reports.
Thiruvananthapuram/IBNS: Adani Ports and Special Economic Zone (APSEZ) on Tuesday said Switzerland's MSX Group will acquire 49% of stake in Kerala's Vizhinjam port for $1.4 billion, media reports said.
Mumbai/IBNS: The share prices of HDFC Bank slipped marginally in early trade on Tuesday after the country's largest private-sector lender appointed former Chief Election Commissioner and ex-Finance Secretary Rajiv Kumar as its new part-time chairman, according to media reports.
US auto giant Ford has rehired experienced human engineers after finding that Artificial Intelligence failed to match their expertise in vehicle design and quality assurance, according to media reports.
Mumbai-born entrepreneur Dhravya Shah has emerged as one of India's youngest AI startup founders after securing approximately $3 million in seed funding for Supermemory, a company developing infrastructure that enables artificial intelligence systems to retain long-term context across conversations.
Bharat Petroleum Corporation Limited (BPCL), a Maharatna PSU, on Monday announced a strategic partnership with Tiki Tar and Shell India Private Limited (TTSIPL), following the signing of a joint venture and share subscription agreement.
If the pristine beaches of Seychelles are on your travel bucket list, there is excellent news ahead. The island nation is poised to join the growing list of international destinations adopting India’s digital payment infrastructure, allowing Indian tourists to make seamless payments using their existing UPI apps.
Mumbai/IBNS: Shares of Hexaware Technologies surged nearly 8 percent on Monday after the IT services company was named an Anthropic Authorized Reseller for Amazon Bedrock, according to media reports.
Mumbai/IBNS: Shares of Kotak Mahindra Bank fell nearly 3 percent on Monday after the lender announced that its Managing Director and CEO, Ashok Vaswani, will not seek reappointment when his current term ends.
Mumbai/IBNS: India has reclaimed its position as the world's fifth-largest equity market after overtaking Taiwan and South Korea, aided by a rise in domestic market capitalisation and declines in the two Asian peers, according to media reports.
India's Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first commercial export of Geographical Indication (GI)-tagged Rewa Sundarja mangoes from Madhya Pradesh to the United Arab Emirates (UAE), marking a major milestone for the state's premium fruit exports.
The Bank of Maharashtra has dismissed recent media reports claiming that pre-2005 ₹10, ₹20, ₹50 and ₹100 currency notes will not be accepted at its branches, terming the claims as “false information.”
Indian-origin executive Shankh Mitra has emerged as the world's second-highest paid CEO in 2025 after receiving a compensation package worth $821 million, placing him behind only Tesla chief Elon Musk.
Bengaluru/IBNS: TVS Motor Company, part of TVS VENU and a globally reputed manufacturer of two and three-wheelers, has announced the introduction of exciting new colours and graphics for the TVS NTORQ 125 Disc and Race Edition variants.
New Delhi/IBNS: Amazon CEO Andy Jassy on Thursday met Prime Minister Narendra Modi during his India visit with a plan for fresh investment.
Mumbai/IBNS: Shares of Rajesh Exports Ltd. extended their losses on Thursday, falling 5 percent and hitting the lower circuit after the Enforcement Directorate (ED) alleged irregularities in the company's foreign exchange transactions under the Foreign Exchange Management Act (FEMA), media reports said.
Mumbai/IBNS: Crude oil-linked stocks traded higher on Thursday as global oil prices declined following easing geopolitical tensions after the reported US-Iran peace deal, media reports said.
Mumbai/IBNS: The Indian stock market rallied sharply on Thursday, buoyed by positive global cues and a decline in crude oil prices as geopolitical tensions showed signs of easing, media reports said.
Mumbai/IBNS: Shares of major information technology companies remained in focus on Thursday as the Nifty IT index traded in the green during early market hours, media reports said.
Private sector lender Bandhan Bank on Wednesday announced an increase in its fixed deposit (FD) interest rates, offering up to 7.95% for deposits with a tenure of 2 to less than 3 years, following a hike of 20 basis points.
Mumbai/IBNS: Shares of Adani Group companies witnessed strong buying interest in early trade on Wednesday after the conglomerate unveiled an ambitious strategy to strengthen its presence across key sectors, including energy, transport, logistics and digital businesses.
Mumbai/IBNS: Adani Power is aiming to expand its power generation capacity to 45 gigawatts (GW) over the next five years as part of a capital expenditure programme exceeding Rs 2 lakh crore, media reports said.
Mumbai/IBNS: The Indian stock market remained volatile on Wednesday despite a decline in global crude oil prices and reports of the gradual resumption of normal shipping traffic through the Strait of Hormuz.
The combined Index of Eight Core Industries (ICI) rose by 0.5 per cent (provisional) in May 2026 compared to the same month last year, according to government data released on Tuesday.
Mumbai/IBNS: Shares of Vedanta Ltd. fell sharply in early trade on Tuesday after reports suggested that promoter entity Twin Star Holdings is planning to offload a stake worth around Rs 1,890 crore in the metals-to-mining conglomerate through a block deal.
Mumbai/IBNS: The Indian stock market opened on a weak note on Tuesday as investors turned cautious amid uncertainty surrounding the US-Iran peace deal, according to media reports.
Tech giant Oracle has cut approximately 21,000 jobs worldwide, representing about 13 percent of its workforce, during fiscal year 2026 as the company accelerates its shift toward artificial intelligence (AI), according to media reports.
Meta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech startup CRED as part of the company's Series H funding round, marking one of the social media giant's biggest bets on India's digital economy.
Renault India, the wholly owned subsidiary of the French carmaker Renault Group, India has begun exports of the all-new Duster, with a first shipment of 750 vehicles departing from Chennai to South Africa.
