Axis Bank to open 50 new branches across Eastern region
Private sector lender Axis Bank is planning to expand its presence in Eastern India by opening 50 new branches across the region, including West Bengal, Sikkim and the Northeast.
Finance
Axis Bank reports 40 per cent decline in retail digital frauds in FY26 compared to FY25
Axis Bank on Wednesday announced a 40% reduction in fraud incidents across retail mobile banking, internet banking, and shopping transactions in FY26 compared to FY25.
NPCI opens sources Drunix to strengthen enterprise blockchain infrastructure
National Payments Corporation of India (NPCI) today announced the release of Drunix, an open-source, enterprise-grade blockchain platform designed to help organisations build and scale tokenization platforms, digital asset ecosystems and multi-organisation networks.
Massive Surge! India’s defence production touches all-time high of Rs. 1.78 lakh crore in FY 2025-2026
India’s annual defence production has reached an all-time high of ₹1.78 lakh crore in the Financial Year (FY) 2025–26, marking a significant milestone in the country’s defence manufacturing sector.
Nykaa shares rally after OpenAI partnership; beauty giant brings shopping to ChatGPT
Mumbai/IBNS: Shares of FSN E-Commerce Ventures Ltd., the parent company of Nykaa, gained on Wednesday after the beauty and fashion retailer announced a strategic partnership with OpenAI, according to media reports.
Dixon shares surge on reports of government nod to Vivo JV, Rs 30,000 crore opportunity in focus
Mumbai/IBNS: Shares of Dixon Technologies Ltd. rallied on Wednesday amid reports that the government is likely to approve the company's proposed joint venture with Chinese smartphone maker Vivo, according to media reports.
HPCL, BPCL, IOC rally as US-Iran peace deal sends oil prices lower
Mumbai/IBNS: Shares of India's state-run oil marketing companies rallied on Wednesday as crude oil prices declined following the easing of geopolitical tensions after the US-Iran peace deal, media reports said.
US-Iran peace deal sparks Dalal Street rally; Sensex jumps as oil prices slide
Mumbai/IBNS: The Indian stock market witnessed a volatile start on Wednesday before stabilising as investors cheered the US-Iran peace deal, according to media reports.
India gets new AI Unicorn as Sarvam raises $234M in major funding round
Sarvam, India’s full-stack sovereign AI company, has announced the first close of its Series B funding round, raising $234 million out of a targeted $300 million at a post-money valuation of $1.5 billion.
AI fear grows: Tech layoffs reach highest level in two years, claims report
The AI challenge appears to be intensifying, with job cuts surging to their highest levels in two years, according to a recent report.
HCL Tech surges 3% after strategic investment in India's sovereign AI firm Sarvam AI
Mumbai/IBNS: The share prices of HCL Tech on Tuesday surged following the company's strategic investment in sovereign Indian AI firm Sarvam AI, media reports said.
US-Iran ceasefire fuels third-day market rally, Sensex jumps 400 points at open
Mumbai/IBNS: The Indian stock market rallied on Tuesday, extending gains for the third consecutive session, as investor sentiment remained buoyant following the ceasefire agreement between the United States and Iran, according to media reports.
India’s Wholesale Inflation surges to 9.68 percent in May — Highest in recent months
All India Wholesale Price Index (WPI) inflation for May 2026 is 9.68 per cent on year-on-year (YoY) basis, compared to 8.26 per cent in April 2026, as per official data released on Monday.
Vedanta lists four independent companies at BSE and NSE
Vedanta Group on Monday marked a defining milestone in Indian corporate history with the listing of four newly demerged companies on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
Trump's Iran deal sparks market euphoria, Sensex soars nearly 1,300 points
Mumbai/IBNS: The Indian stock market rallied sharply on Monday after the United States and Iran reached a peace agreement, easing concerns over the ongoing West Asia crisis and triggering a fall in global oil prices, media reports said.
Digital Marketing in 2026: How social media advertising and influencer marketing are reshaping brand growth
The digital marketing landscape is evolving faster than ever before. What worked for brands just three years ago is no longer enough to capture attention, drive engagement, or generate conversions in today's highly competitive digital ecosystem.
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Vodafone Idea to consider Rs 2,000 crore equity raise on December 9, eyes tariff adjustments
Mumbai: Vodafone Idea announced it will consider raising up to Rs 2,000 crore through a preferential equity issuance to a promoter entity during a board meeting scheduled for Monday, December 9, media reports said.
RBI keeps repo rate unchanged at 6.5%, slashes CRR to 4 percent
New Delhi/IBNS: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
RBI to announce key interest rate decision tomorrow morning as 3-day MPC ends
Mumbai: The Reserve Bank of India (RBI) is set to announce its interest rate decision on Friday morning following the conclusion of a three-day meeting of the Monetary Policy Committee (MPC), amid persistent inflation and sluggish GDP growth.
P&G shifts Gillette razor blade steel sourcing to India amid fears of tariff pressures in Trump 2.0: Report
Procter & Gamble has revamped its supply chain for the ultra-thin stainless-steel strips used in its Gillette razors, shifting sourcing to India, Reuters reported.
Gas IndeX of India shows stability in November amid rising international gas prices
New Delhi: The Gas IndeX of India (GIXI) for November 2024 stood at Rs 1,103 ($13) per MMBtu, largely unchanged from the previous month.
Andhra Pradesh CID files FIR against YSRCP leaders in alleged forced share transfer of Kakinada Seaports Ltd
Amravati: The Andhra Pradesh CID has filed an FIR against three people based on a complaint by Karnati Venkateswara Rao, former chairman and managing director (CMD) and shareholder of Kakinada Seaports Ltd (KSPL), media reports said.
Bharti Airtel extends 4G and 5G contracts with Ericsson in multi-billion-dollar deal
Mumbai: Bharti Airtel, India’s second-largest telecom operator, has entered a multi-year, multi-billion-dollar agreement with Swedish telecom equipment maker Ericsson to extend its 4G and 5G contracts, according to a press statement issued on Wednesday.
India's service PMI strong at 58.4 in Nov despite decade-high price surge
New Delhi: India's services sector maintained robust growth in November despite facing the sharpest price rise in over a decade, according to a business survey.
RBI's MPC meeting begins amid inflation worries
Mumbai: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting in Mumbai today to review the country's policy rate.
China's BYD poised to silently dominate Indian EV market as local carmakers adopt its latest blade batteries
New Delhi/IBNS: In a significant development that could reshape India's electric vehicle (EV) landscape, Chinese automaker BYD is positioning itself to silently dominate the country's rapidly growing EV market.