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OXMIQ raises $35 million to scale OxCore Architecture

New Delhi, July 1 -- OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, has secured $35 million in Series A financing, bringing the total funding raised to $60 million.... Read More


SBI unveils a suite of AI-powered digital journeys for retail and business banking customers

New Delhi, July 1 -- State Bank of India (SBI) on Wednesday unveiled a suite of AI-powered digital journeys, whereby new customers can open a Savings Account along with a Demat and Trading Account on ... Read More


RBI appoints Ravi Shankar as new Executive Director

New Delhi, July 1 -- The Reserve Bank of India (RBI) has appointed Ravi Shankar as new Executive Director with effect from July 1, 2026. In his new role, Shankar will look after the Department of Sta... Read More


Intellecap, Avio Smart Market Stack sign MoU to strengthen FPOs

New Delhi, July 1 -- Intellecap Advisory Services Pvt Ltd and Avio Smart Market Stack Ltd (formerly Bartronics) have entered into a memorandum of understanding (MoU) to strengthen Farmer Producer Orga... Read More


ICRISAT develops two high-oleic groundnut varieties

New Delhi, July 1 -- The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has developed two high-oleic groundnut varieties which offer longer shelf life and nutritional value... Read More


Why these 20 stocks, including KPIT, Kotak Bank, will be in focus on Wednesday

New Delhi, July 1 -- Kotak Mahindra Bank has signed a definitive agreement to acquire the retail, private banking and wealth management businesses of Germany's Deutsche Bank in India for an undisclose... Read More


Air Marshal Dixit takes over as IAF's Vice Chief

New Delhi, July 1 -- Air Marshal Ashutosh Dixit on Wednesday assumed the charge of Vice Chief of the Air Staff after having completed his stint as the Chief of Integrated Defence Staff, which included... Read More


Zee strengthens football portfolio, secures exclusive rights for German Bundesliga in India

New Delhi, July 1 -- Zee Entertainment Enterprises on Wednesday secured broadcast and digital rights for the German football league Bundesliga in India for five years. This is the second football pro... Read More


FPIs holdings in Indian equities drop to two-decade low on weak returns

New Delhi, July 1 -- Foreign portfolio investors' shareholding in Indian equities has fallen to a two-decade low, dropping below that of domestic institutional investors, driven by the relative underp... Read More


India's retail electric car registrations rise 89% in April-June

New Delhi, July 1 -- India's retail electric passenger vehicle (PV) registrations increased 89.3 per cent year-on-year to 82,737 units in the April-June quarter of FY27 from 43,710 units in the corres... Read More