Business Economy

Piyush Goyal will visit Switzerland to foster implementation of TEPA

11 Jun 2026 | 6:44 PM

New Delhi, Jun 11 (UNI) Commerce and Industry Minister Piyush Goyal is scheduled to visit Berne, Switzerland, on June 12, where he will meet senior Swiss government officials and leading representatives of the pharmaceutical industry to advance the....

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Reliance 4IR Realty consortium bags Mumbai slum redevelopment project

11 Jun 2026 | 5:35 PM

Mumbai, June 11 (UNI) A consortium led by Reliance 4IR Realty Development Limited which is a subsidiary of the Mukesh Ambani-led Reliance Industries Ltd (RIL) has emerged as the highest bidder for the cluster redevelopment of the 101-acre Juhu slum....

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RBI imposes 3-year cooling -off rule for directors to curb long-term control in Cooperative Banks

11 Jun 2026 | 4:55 PM

Pune, June 11 ( UNI) In a significant move aimed at curbing monopoly and long-standing control in the cooperative banking sector, the Reserve Bank of India (RBI) has directed that directors who have served continuously on the boards of District....

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TCS partners with Anthropic, gives Claude access to 50,000 employees

11 Jun 2026 | 4:41 PM

New Delhi, June 11 (UNI) Tata Consultancy Services (TCS) on Thursday announced a global strategic partnership with Anthropic, the developer of AI assistant Claude, to help enterprises scale artificial intelligence adoption and move AI initiatives....

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EBG Group, Universal Fitness partner to launch 30 premium wellness centres across India

11 Jun 2026 | 4:29 PM

Hyderabad, June 11 (UNI) EBG Group on Thursday signed a Memorandum of Understanding (MoU) with Australia-based Universal Fitness Group to establish more than 30 premium health, fitness and wellness centres across India over the next five years,....

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11 Jun 2026 | 4:26 PM

Thiruvananthapuram, June 11 (UNI) Banks in this Kerala capital district disbursed Rs ₹38,690 crore under priority sector lending during the 2025-26 financial year, surpassing the annual target of ₹33,945 crore and achieving 114 per cent of the goal,....

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India, Nepal launch real-time P2P cross-border remittance system

11 Jun 2026 | 4:15 PM

New Delhi, June 11 (UNI): India and Nepal launched a peer-to-peer (P2P) cross-border remittance mechanism to provide citizens of both countries with seamless mobile banking.
This system establishes a direct link between India’s Unified Payments....

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ACT Fibernet partners with Turito

11 Jun 2026 | 1:03 PM

Bengaluru, June 11 (UNI) ACT Fibernet on Thursday announced a strategic partnership with AI-powered EdTech platform Turito to provide personalised digital learning solutions to students, marking its latest step in expanding from broadband....

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India's GDP to grow at 6.6percent in FY27 compared to 7.7percent last fiscal: BMI

11 Jun 2026 | 12:54 PM

New Delhi, June 11 (UNI) India's Gross Domestic Product (GDP) is set to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, said BMI, a Fitch group company, citing weaker investments and consumption growth and trade....

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AI Data Security Firm Theom Opens Hyderabad Office, Plans 50 Hires

11 Jun 2026 | 1:04 AM

Hyderabad, June 19 (UNI) Theom, a global AI and data security company, on Wednesday announced the launch of its India operations with the opening of a new office in Hyderabad.
In a release, the company said Hyderabad, one of India's leading....

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Hyd: Dr Reddy's CFO Narasimham Named 'Best CFO in Pharmaceuticals

10 Jun 2026 | 11:33 PM

Hyderabad, June 10 (UNI) Dr. Reddy's Laboratories Ltd. on Wednesday announced that its Chief Financial Officer, M.V. Narasimham, has been honoured with the 'Best CFO in Pharmaceuticals' award at the 9th BW CFO World's Best CFO & Finance Strategy....

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ECLGS 5.0 guarantees cross 1 lakh mark, covers over Rs 48,000 Cr in credit protection

10 Jun 2026 | 7:09 PM

New Delhi, June 10 (UNI) The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed a significant milestone, with the total number of guarantees issued under the scheme surpassing the 1 lakh mark as of June 9, 2026.
According to official....

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Telangana's Singareni gets Rs 40 cr refund for successful closure of Dorli-2 Opencast Mine

10 Jun 2026 | 6:35 PM

Hyderabad, June 10 (UNI) The Singareni Collieries Company Limited (SCCL) has received approval for the refund of nearly Rs 40 crore, including accrued interest, from the Coal Controller Organisation (CCO) following the successful closure of the....

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Deccan Gold signs Spain tungsten deal, targets 51% stake

10 Jun 2026 | 6:35 PM

Bengaluru, June 10 (UNI) Deccan Gold Mines Ltd has announced the signing of a definitive Earn-In, Option and Shareholders Agreement for the Logrosan Tungsten Project in Spain, marking a strategic expansion into critical minerals amid rising global....

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Govt extends CGSMFI-2.0, enhances loan limit for large NBFC-MFIs

10 Jun 2026 | 5:56 PM

New Delhi, June 10 (UNI): The government has approved an extension in the validity of the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August (31.8.2026) or till guarantees for an amount of Rs 20,000 crore are issued,....

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