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Fusion Finance turns corner, logs Rs.62 crore profit

New Delhi, Aug. 10 -- Warburg Pincus-backed Fusion Finance has reported a net profit of Rs.62 crore in the June quarter against a net loss of Rs.92 crore logged in the same period last year. The comp... Read More


HDFC Bank cuts MCLR by 5 bps as lower funding costs aid repricing

New Delhi, Aug. 10 -- HDFC Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points across key tenures, becoming one of the first large lenders to pass on the benefit of... Read More


PSU OMC's LPG under recovery rises to over Rs.59,000 crore in July

New Delhi, Aug. 10 -- The under recovery of PSU oil marketing companies (OMCs) for supply liquefied petroleum gas (LPG) at below market rates has swelled to more than Rs.59,000 crore in July 2026 from... Read More


Nifty opens flat as Titan, Tech Mahindra lead gains; markets eye US inflation data

New Delhi, Aug. 10 -- Benchmark indices opened nearly flat on Monday, August 10, with the Nifty 50 trading at 24,566.70, down 3.95 points or 0.02 per cent, against its previous close of 24,570.65. The... Read More


CMS Info Systems net down 11% on cost escalation

New Delhi, Aug. 10 -- CMS Info Systems, a leading business services platform serving Banking, Financial Services and Insurance (BFSI) and retail sectors, has announced that its net profit was down 11 ... Read More


How a Mumbai start-up cracked missile cooling tech

New Delhi, Aug. 10 -- A homegrown 10-gm cooling technology for missile seekers has broken a tightly guarded Western monopoly on such products. The journey to this lean manufacturing success story bega... Read More


Demand for AI skills boosts campus placement salaries

New Delhi, Aug. 10 -- As companies place greater emphasis on AI skills, engineering colleges are seeing campus placements shift towards higher compensation bands. Early trends from the 2026 placement... Read More


Teething issues

New Delhi, Aug. 10 -- The turbulence in the first few sessions of the closing auction session (CAS), introduced by the Securities and Exchange Board of India, has caused quite a flutter. The new syste... Read More


Hitachi Energy India: Grid expansion, not generation, emerges as the next bottleneck

New Delhi, Aug. 10 -- Hitachi Energy India is seeing a broad-based surge in demand for grid infrastructure, led by transmission, renewables, data centres, battery storage and emerging industries such ... Read More


The Gen Z shock

New Delhi, Aug. 10 -- Every generation believes the next one is changing too fast. My generation was no different. Yet when I look at Gen Z, I see confidence, ambition and extraordinary potential. The... Read More