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Infosys expands Indore Development Center with new 330,000-sq. ft. block

New Delhi, Sept. 16 -- Infosys announced the expansion of its Indore Development Center (DC) with the inauguration of a new Software Development Block (SDB-2) at its campus in the Super Corridor, Indo... Read More


Broker's call: Avenue Supermarts (Sell)

New Delhi, Sept. 16 -- Target: Rs.3,700 CMP: Rs.3,711.95 Our monthly basket tracker for Avenue Supermarts (DMart) has seen a 6-7 per cent inflation in its bill size, led by a broad-based increase of... Read More


Energy efficiency key to Telangana's growth strategy: Deputy CM Bhatti

New Delhi, Sept. 16 -- Energy efficiency should be viewed not merely as an environmental obligation but as a strategy to enhance economic competitiveness, Telangana Deputy Chief Minister Mallu Bhatti ... Read More


Chennai Port sets record for highest single-day pig iron exports

New Delhi, Sept. 16 -- Chennai Port set a record for pig iron exports, handling 14,778 tonnes in a single day on Monday. The record shipment to Turkey was executed through the vessel Supra Monarch at ... Read More


Lam Research to invest Rs.10,000 cr in first silicon component manufacturing facility in India

New Delhi, Sept. 16 -- Lam Research Corp., global supplier of semiconductor manufacturing equipment and services, announced it intends to invest approximately Rs.10,000 crore to add its first silicon ... Read More


India's critical mineral import dependence rises as demand surges: NITI Aayog

New Delhi, Sept. 16 -- India's critical-mineral import dependence is rising, says a new NITI Aayog report. Over the past two decades, annual global trade in energy-related critical minerals has surged... Read More


MDR charges tax-deductible as business expense, say tax experts

New Delhi, Sept. 16 -- Merchant discount rate (MDR) fees can be considered tax-deductible business expense. Experts say there is legal backing to treat such charges as business expenses. Based on FAQ... Read More


DRA invests Rs.159 crore to acquire land parcel in South Chennai; plans premium residential development

New Delhi, Sept. 16 -- DRA, a Chennai-based real estate company, has acquired a 10-acre land parcel off OMR near Thazhambur for Rs.159 crore to build and develop a premium residential community. With ... Read More


Meta's personal AI agent Muse likely to face stringent India trust test

New Delhi, Sept. 16 -- Even as Meta's new personal intelligence tool Muse takes AI to the next level -from answering queries to completing tasks- experts say the technology's biggest test will be its ... Read More


SIP returns in last 3 yrs remain lacklustre even as inflows hit new high

New Delhi, Sept. 16 -- Notwithstanding the highest-ever inflow of Rs.32,297 crore through SIP in August, most of the equity funds have delivered single-digit returns in last three years. The overall ... Read More