Business News Desk

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Jio Financial Q1 Results: All Eyes on Growth, BlackRock JV, and Share Price Trends – Check Date, Time, Share Price & More

Jio Financial Services, the demerged non-bank finance arm of Reliance Industries, is set to announce its much-anticipated Q1 FY26 results this week. The market is keenly watching the quarterly performance as it marks the first financial year of Jio Financial operating independently, with strategic focus areas including personal loans, SME lending, insurance, and the upcoming…

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RBI Sets ₹9,688 Redemption Price, Delivering 99.67% Return on Sovereign Gold Bonds

In a development that reinforces the attractiveness of gold-backed investments, the Reserve Bank of India (RBI) has fixed the redemption price of Sovereign Gold Bonds (SGBs) maturing on July 13, 2025, at ₹9,688 per gram. This redemption price delivers an impressive cumulative return of nearly 99.67% to investors who subscribed at the initial issue price,…

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We Need To Strengthen Shipping Ecosystem To Reduce Vulnerability In Times Of Global Crises: Sanjeev Agrawal

As geopolitical tensions, pandemic disruptions, and supply chain shocks redefine global trade resilience strategies, Sanjeev Agrawal, President of Indian Ports Association and Director (Finance) at Shipping Corporation of India (SCI), has underlined the urgent need to strengthen India’s shipping ecosystem to insulate its economy from vulnerabilities during global crises. Speaking at the Shipping and Maritime…

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Large Cap Stock Falls After Company Sells Stake Worth ₹734 Crore In Akzo Nobel India

In a development that rattled investor sentiment on Dalal Street, a prominent large-cap stock witnessed a significant decline after its holding company announced the sale of a sizeable stake worth ₹734 crore in Akzo Nobel India. The stake sale triggered concerns among investors about the strategic intent and future holding structure of Akzo Nobel India,…

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Federal Bank Elevates CFO Venkatraman Venkateswaran To Executive Director Role As Part Of Leadership Strengthening Strategy

In a strategic leadership move to bolster its growth ambitions, Federal Bank has elevated its Chief Financial Officer (CFO) Venkatraman Venkateswaran to the position of Executive Director (ED). The appointment comes after approval from the bank’s board and the Reserve Bank of India (RBI), aligning with Federal Bank’s broader succession planning and organisational transformation efforts….

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Paytm Founder Vijay Shekhar Sharma Says Company Will Go AI-First After Reported Layoffs

In a strategic pivot reflecting the sweeping changes in India’s fintech landscape, Paytm founder Vijay Shekhar Sharma has announced that the company will adopt an “AI-first” approach as part of its next phase of transformation. This declaration comes in the backdrop of reports of significant layoffs across Paytm’s various verticals amid an ongoing restructuring to…

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SaaS Fintech Platform Arteria Technologies Raises ₹100 Crore From ICICI Venture To Power Global Expansion

In a significant funding milestone for India’s enterprise technology ecosystem, Arteria Technologies, a leading SaaS-based fintech solutions provider, has raised ₹100 crore from ICICI Venture, one of India’s largest private equity firms. The investment marks a strategic bet on Arteria’s ability to accelerate digital transformation in global trade finance, supply chain financing, and enterprise integration…

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AI Device Startup That Sued OpenAI And Jony Ive Now Sues Its Own Ex-Employee Over Trade Secrets

In a dramatic twist that underscores the fierce battles over artificial intelligence (AI) hardware innovation and intellectual property, Humane AI, the California-based AI device startup known for previously suing OpenAI and Apple’s former design chief Jony Ive, has now filed a fresh lawsuit against one of its own ex-employees for alleged theft of trade secrets….

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Intel No Longer Among Top 10 Chip Firms, Says New CEO Lip-Bu Tan As Industry Shifts To AI And Advanced Nodes

In a stark admission highlighting the seismic shifts underway in the global semiconductor industry, Intel’s new CEO Lip-Bu Tan has acknowledged that the company is “no longer among the top 10 chip firms by market capitalisation or technological leadership.” The statement, made during an internal town hall this week, has triggered fresh introspection among employees,…

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INOX Clean Energy Eyes ₹6,000 Crore IPO, Files Confidential DRHP To Power Green Expansion

INOX Clean Energy Ltd, one of India’s leading integrated renewable energy solutions providers, is gearing up for a massive ₹6,000 crore initial public offering (IPO) as it files a confidential draft red herring prospectus (DRHP) with market regulator SEBI. The company aims to tap into India’s booming clean energy investment wave while strengthening its position…

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