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The government will divest up to a 4 per cent stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) beginning Wednesday, according to a regulatory filing by the company.The floor price for the OFS has been fixed at Rs 104 per equity share, IRFC said, adding that the stake…
BENGALURU: Loyalty management platform operator Capillary Technologies India late Tuesday announced the acquisition of Mastercard-owned Session M, in an all-cash $20 million deal.The Bengaluru-headquartered company, which went public in November 2025, will invest into Session M Inc and related entity Session M Czech Republic, through Capillary Pte Ltd, as per a stock exchange disclosure.Founded in…
(LtoR) Gunjandeep Kaur – Director, People, Nasuni, Sreekant Lanka – Chief Strategy Officer (CSO) for IT E&C ministry of Govt of Telangana, Peddareddappa G – Senior Director, Site Lead, Nasuni, Alison Bayiates – Chief People Office, Nasuni, Sanjay Kumar, Special Chief Secretary, Telangana, Sam King – CEO Nasuni, Nick Burling – Chief Product Officer, Nasuni,…
The Union Cabinet has approved a higher minimum support price (MSP) for raw jute for the 2026-27 marketing season, raising the benchmark rate to Rs 5,925 per quintal to ensure remunerative returns for farmers.The MSP for TD-3 grade raw jute has been fixed at Rs 5,925 per quintal, representing an increase of Rs 275 per…
US stocks traded largely steady on Tuesday, a day after sharp losses driven by fears that artificial intelligence could disrupt businesses and industries, even as investors found some reassurance in fresh AI-related investment momentum.The S&P 500 slipped 0.1%, after falling 1% in the previous session amid concerns over AI’s long-term economic impact. The Dow Jones…
BENGALURU: India’s next-generation Fastag system may not require a physical tag at all. Vehicles could be identified through roadside cameras, their type and number detected in real time, and tolls deducted automatically without a windshield sticker, Pramod Varma, a key architect of India’s digital public infrastructure (DPI), said on Tuesday.Speaking at the ConvoZen Conversational AI…
Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of…
Union cabinet has approved the development of a new civil enclave at Srinagar International Airport at an estimated cost of Rs 1,677 crore, a move aimed at strengthening aviation infrastructure and connectivity in Jammu & Kashmir, according to an official statement.The project, cleared by the CCEA chaired by Prime Minister Narendra Modi, will involve construction…
AI image used for representation purpose only NEW DELHI: The Reserve Bank of India has proposed a new set of rules that could reshape how banks and financial institutions sell insurance, loans, mutual funds and other financial products to customers.Issued on February 11, 2026, the draft All India Financial Institutions — Responsible Business Conduct Amendment…
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
