India’s quick-commerce boom has hit a regulatory pause. Blinkit’s 10-minute delivery promise—once the defining symbol of ultra-fast convenience—has now been rolled back following intervention by the Union Ministry of Labour. The move marks a turning point not just for Blinkit, but for the entire quick-commerce ecosystem that includes Zepto, Swiggy Instamart and Zomato. The decision […]
Reliance Ltd has laid out its most ambitious technology vision yet, as Chairman Mukesh Ambani unveiled a draft Reliance AI Manifesto, positioning artificial intelligence as the central force shaping the company’s next phase of growth and India’s broader technological transformation. Calling AI “the most consequential technological development in human history,” Ambani said the world has
US President Donald Trump said on Sunday that negotiations between Russia and Ukraine have reached their most advanced stage so far, following discussions with Ukrainian President Volodymyr Zelenskyy at his Florida residence. While expressing optimism about the progress, Trump cautioned that the talks remain fragile, noting that unresolved issues could still derail the process and
Russia and Ukraine Peace Talks: A Matter for Global Markets Read More »
Indian IT major Infosys Ltd’s American Depository Receipt (ADR) witnessed an exceptional spike in US trading on December 19, driven purely by a technical short squeeze, not by any fundamental trigger. The Infosys ADR surged as much as 40% intraday, touching a 52-week high, before volatility controls led to a temporary trading halt. At around
Infosys ADR Surge 40% After Rare Short Squeeze, Trading Halt Triggered in US Read More »
The Securities and Exchange Board of India (SEBI) has made investing cheaper and more transparent for retail investors by reducing mutual fund base expense ratios. While the cut, ranging from 10 to 15 basis points (bps), may seem minor, it significantly impacts an investor’s long-term savings by ensuring more capital remains invested and compounds over
SEBI’s Cut Mutual Fund Expense Ratio: What Lower Costs Mean for Investors Read More »
Data Patterns (India) saw its shares surge by over 6% following the Defence Research & Development Organisation (DRDO) sanctioning a new project under the Technology Development Fund (TDF) scheme. The Chennai-based company has been tasked with developing a Radar Signal Processor. DRDO has awarded a total of seven projects focused on the aerospace and defense
Data Patterns Rise 6% on DRDO Project Approval; Six Other Winners Announced Read More »
The State Bank of India (SBI), the country’s largest lender, has successfully raised Rs 10,000 crore through 15-year infrastructure bonds at a coupon rate of 7.36 percent, the bank announced on Wednesday. This marks SBI’s sixth infrastructure bond issuance in recent months. The latest issue brings SBI’s total outstanding long-term bonds to Rs 59,718 crore.
SBI Raises Rs 10,000 Crore at 7.36% Coupon Through 15-Year Infra Bonds Read More »
State-owned Rail Vikas Nigam Ltd (RVNL) has clinched a significant contract worth ₹202.87 crore from the South Eastern Railway. The project, announced on July 9, involves the design, supply, erection, testing, and commissioning of a 132 KV traction substation, sectioning posts (SPs), and sub-sectioning posts (SSPs) in a 2x25KV system along the Kharagpur-Bhadrak section of
RVNL Wins ₹202.87-Crore South Eastern Railway Project Read More »
