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Editorial. PMS promise

New Delhi, Oct. 1 -- The Portfolio Management Services (PMS) industry is among the fast-growing segments of India's financial markets. It is just as well that the Securities and Exchange Board of Indi... Read More


Bessemer Venture Partners appoints Mayank Khanduja as Partner

New Delhi, Oct. 1 -- Bessemer Venture Partners has appointed Mayank Khanduja as Partner in its India practice. He will focus on early-stage investments, partnering with founders from their first insti... Read More


KawiSafi invests $2 million in Orb Energy's East Africa business

New Delhi, Oct. 1 -- Bengaluru-headquartered Orb Energy has received investments of $ 2 million from KawiSafi Ventures, to support the expansion of its commercial and industrial (C&I) solar busine... Read More


After Armenia, India exports Akash Air Defence System to Tajikistan and Turkmenistan: Defence secretary

New Delhi, Oct. 1 -- After Armenia, India has also exported Akash Air Defence System - an indigenously designed surface-to-air missile (SAM) developed by Defence Research and Development Organisation ... Read More


Amazon ramps up Ashray centres and vans for gig workers ahead of festival season

New Delhi, Oct. 1 -- Gearing up for the festival season, Amazon India has planned for 50 new 'Ashray centres', or dedicated rest stops for gig workers across India. "With the festival season driving ... Read More


Risk aversion spreads across assets as bond yields hit a two-year high

New Delhi, Oct. 1 -- The benchmark 10 year G-Sec yield hit a two-year high of 7.21 per cent on October 1, as global yields hardened and domestic inflation expectations strengthened. The last time the ... Read More


African pigeonpea prices firm up on fears of lower production

New Delhi, Oct. 1 -- Prices of tur (pigeonpea) in origins such as the East African producing countries are up by over 10 per cent due to lower-than-expected crops in the region. African producers have... Read More


PNGRB, Oil Ministry launch drive targeting 50 lakh D-PNG connections by March 2027

New Delhi, Oct. 1 -- The Ministry of Petroleum & Natural Gas (MoPNG) and the Petroleum and Natural Gas Regulatory Board (PNGRB) on Thursday launched a new drive aiming to add 50 lakh domestic pipe... Read More


Anup Saha to be next MD & CEO of Kotak Mahindra Bank

New Delhi, Oct. 1 -- Kotak Mahindra Bank on Thursday said the Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as its Managing Director and Chief Executive Officer for a thr... Read More


GST Council meeting on October 7 may consider ITC relief proposals

New Delhi, Oct. 1 -- The GST Council is expected to consider a proposal to unblock Input Tax Credit (ITC) for employee insurance policies, outdoor catering, free samples, and goods destroyed or writte... Read More