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RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI Report

New Delhi, Sept. 9 -- The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidity is expected to moderate through FY27,... Read More


INR slumps beyond Rs 95/$ mark as Brent crude futures cross the USD 100 per barrel mark

Mumbai, Sept. 9 -- The Indian rupee slumped by 34 paise to close at 95.08 (provisional) against the American currency on Wednesday as crude prices crossed the USD 100 per barrel mark, stoking concerns... Read More


upGrad bets on corporate upskilling, advisory ahead of 2027 listing

New Delhi, Sept. 9 -- Temasek-backed upGrad plans to launch corporate upskilling and learning and development advisory services as businesses seek to keep employees up to date with rapidly evolving sk... Read More


Raw jute export currently halted, but jute products are exported to 138 countries: Minister

, Sept. 9 -- Textiles and Jute Minister Khandakar Abdul Muktadir on Wednesday said the export of raw jute produced in Bangladesh currently remains suspended, while jute products are being exported to ... Read More


Kanohar Electricals IPO subscribed 10.22 times

Mumbai, Sept. 9 -- The initial public offer (IPO) of Kanohar Electricals received bids for 11,95,22,444 shares as against 1,16,93,326 shares on offer, according to stock exchange data at 17:00 IST on ... Read More


Amazon Leo needs fresh licence to offer satellite internet services in India; scouts for partners

New Delhi, Sept. 9 -- Amazon Leo, the fourth company in the race for providing satellite internet services in India, will have to reapply for a licence because of a newly notified authorization regime... Read More


RBI's Vasudevan flags legal, privacy, interoperability risks in tokenization

Mumbai, Sept. 9 -- Legal uncertainty, data privacy, liquidity, interoperability and the risk of excessive concentration could pose significant challenges as India expands tokenization of financial ass... Read More


Prasol Chemicals IPO subscribed 72%

Mumbai, Sept. 9 -- The initial public offer of Prasol Chemicals received bids for 39,43,258 shares as against 54,43,229 shares on offer, according to stock exchange data at 17:00 IST on 9 September 20... Read More


[Update] RentoMojo IPO Subscribed 1.42X On Day 1

India, Sept. 9 -- Update| September 9, 17:00 IST Online furniture and appliance rental platform RentoMojo's Rs.1,256 Cr IPO was subscribed 1.42X on the first day of bidding, receiving bids for 3.08 C... Read More


TCS launches AI-native creative engineering studio in the UK

New Delhi, Sept. 9 -- Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Interactive Creative Engineering Studio in London. The n... Read More