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Reliance Communications' Creditors request ED to release real estate properties worth Rs.7,000 crore

New Delhi, Sept. 15 -- Reliance Communications' (RCom) Committee of Creditors (CoC) has asked the Enforcement Directorate (ED) and the Insolvency and Bankruptcy Board of India (IBBI) to release the co... Read More


Amazon steps up India bet as quick-commerce arm Now crosses $1 billion

New Delhi, Sept. 15 -- Amazon is stepping up investments in India across e-commerce, logistics, quick commerce and artificial intelligence, with a portion of its $48 billion commitment going towards i... Read More


Bond yields hit 4-month high as RBI OMO sales, global headwinds weigh

New Delhi, Sept. 15 -- Indian government bond yields surged on Monday, with the benchmark 10-year G-sec briefly testing the crucial 7.10 per cent mark amid concerns over RBI liquidity tightening, heav... Read More


AI-content startup Flam bags $40 million in its Series B led by QED Investor

New Delhi, Sept. 15 -- AI- interactive content company Flam has raised a $40 million in its Series B led by QED Investors. The funding will be utlised to for AI research and development, expanding the... Read More


SEBI proposes shorter DR drills, stronger resilience for market infrastructure

New Delhi, Sept. 15 -- The Securities and Exchange Board of India (SEBI) has proposed shorter disaster recovery (DR) drills and stronger operational resilience measures for market infrastructure insti... Read More


Positive opening seen for domestic markets amid headwinds

New Delhi, Sept. 15 -- Domestic markets are likely to open on flat to positive note, after a long break, on Tuesday. Gift Nifty at 23,540 signals a gain of about 50 points. However, analysts expect th... Read More


96% of UPI merchant transactions below Rs.2,000 remain free; panel to decide higher-value MDR

New Delhi, Sept. 15 -- The government on Tuesday downplayed criticism of UPI's Merchant Discount Rate (MDR), saying 96 per cent of UPI merchant transactions are below Rs.2,000 and therefore free. Mean... Read More


PNC Infratech dips 20% as NHAI bans for 3 years

New Delhi, Sept. 15 -- Shares of PNC Infratech dipped 20 per cent to Rs.140 on Tuesday after the National Highways Authority of India (NHAI) levied a three-year debarment on Awadh Expressway, a conces... Read More


Dr. Reddy's Laboratories launches Nivorzin India

New Delhi, Sept. 15 -- Dr. Reddy's Laboratories haslaunched Nivorz(Nivolumab Biosimilar) in India.Nivrozis a biosimilar to Opdivo (nivolumab). The launch represents a significant milestone for Dr. Red... Read More


IHCL signs a SeleQtions hotel in Athirappilly

New Delhi, Sept. 15 -- Indian Hotels Company (IHCL) has announced the signing of a SeleQtions hotel in Athirappilly, Kerala. This is a conversion and expansion project. The 100-key IHCL SeleQtions At... Read More