COMPANIES
PhonePe, Jar partner to launch 'Daily Savings' in digital gold, users can invest as low as Rs 10
Under this new product, users will be able to invest as little as Rs 10 per day and up to a maximum of Rs 5,000 per day in digital gold, “empowering individuals to build a consistent savings habit”
MARKETS
EaseMyTrip signs deal to launch hotels segment on PhonePe, shares jump 6%
PhonePe users will get access to hotel deals and special offers provided by EaseMyTrip, which will also expand to 'activities' and 'cabs'
TECHNOLOGY
Deeply wrong, says Musk on OpenAI's for-profit shift, equity to CEO Altman
OpenAI was founded in 2015 as a nonprofit research organization with the goal of building artificial intelligence that would be safe and beneficial to humanity
COMPANIES
TCS opens new delivery centre in Poland to tap into Europe's growing digital needs
This centre will help the firm tap into the growing technology requirements of Europe as it focusses on ambitious growth targets for digital skills, infrastructures and business capabilities by 2030
INDIA
RG Kar rape-murder case: Junior doctors call off protest partially, to resume emergency services from Sept 21
The move comes following West Bengal government's appointment of Manoj Kumar Verma as the new Kolkata Police chief, replacing Vineet Goyal, and the removal of two senior health department officials, giving in to the medics' earlier demands
BUSINESS
Reliance Infrastructure to seek shareholders' nod for Rs 3,000-crore QIP
The company said the proceeds from the QIP will be used for expansion of business operations directly and/or through investment in subsidiaries and joint ventures including meeting the long-term working capital requirements and for general corporate purposes
INDIA
DVC didn't release water on its own, clarifies Centre after Mamata's 'man-made' flood charge
The decisions regarding all the water releases are taken by a committee, which has members from West Bengal and Jharkhand governments and other central and DVC officials.
COMPANIES
Cabinet okays sale of MSTC's entire stake in FSNL to Konoike Transport for Rs 320 crore
Under the transaction, the Japanese firm will also get the control of the management, a government statement said
BUSINESS
Motilal Oswal Foundation donates Rs 130 crore to IIT-Bombay to fund academic infrastructure
This is one of the largest corporate philanthropic contributions in the country, the foundation said in a post on X
COMPANIES
UK's Metro Bank inks partnership with Infosys for the lender's digital transformation
The lender said the deal is expected to help it save cost and improve efficiency with the expansion of digital and AI capabilities.
INDIA
Mahua Moitra of TMC moves Lokpal to file her complaint against Sebi chief Buch
The West Bengal leader had filed the complaint against Buch on September 12 after several allegations of conflict of interest were made by Congress party and Hindenburg Research against the market regulator's chief
BUSINESS
India has potential to grow at 7.5% or above, says RBI governor Das
The RBI governor has hinted that an interest rate cut is unlikely soon, saying Inflation has moderated but 'we still have a distance to cover'
INDIA
US slaps more sanctions on Pakistan’s ballistic missile programme suppliers
The state department took actions against Chinese and Pakistani entities and individuals, it said in a press statement.
WORLD
Trump supporter Musk says Harris 'exceeded' expectations in US Presidential debate 2024
In a combative debate, Trump and Harris clashed over everything from the economy to immigration and Trump’s legal woes, as each sought a campaign-altering moment in what has been a closely-fought race
BUSINESS
Tamil Nadu CM Stalin discusses India re-entry with Ford Motors
Ford Motors' Chennai plant remains shut after it the exited India in 2021. Stalin says the two sides are exploring the possibility of 'make in Tamil Nadu for the world'
BUSINESS
Sebi chief Madhabi Puri Buch continued to earn from Agora, provided advisory services to M&M, Dr Reddy's: Congress
Congress said that Sebi chief has 99 percent stake in the advisory firm Agora Pvt Ltd
AUTOMOBILE
Tata Motors cuts prices of Tiago, Punch, Nexon EVs by up to Rs 3 lakh
The automobile firm has reduced the price of Tata Tiago by Rs 40,000, Tata Punch by up to Rs 1.2 lakh and Tata Nexon by up to Rs 3 lakh, according to reports.
INDIA
Relief for Sebi, NSE, BSE as SC sets aside Bombay HC order of Rs 80 lakh fine to Mehtas: Report
The top court, led by chief justice DY Chandrachud, said the high court ‘erred’ in passing a final judgement as the case was still reserve for interim relief, the newspaper said.
BUSINESS
Madhabi Puri Buch's IIM-Ahmedabad batchmates call allegations against her 'false'
Buch's batchmates have dismissed the allegations against her as 'baseless'
BUSINESS
Apple supplier Jabil plans Rs 2,000-cr electronics manufacturing plant in Trichy
The supplier to Apple, Cisco and HP inked a memorandum of understanding (MoU) with the firm's officials on September 10 in the presence of chief minister M K Stalin, who is currently on a tour of the US
BUSINESS
IMEC to help cut India's reliance on some trade routes, boost maritime security, says Goyal
The minister also called for a working group on tourism to boost tourism, identifying Make-in-India initiatives, digitisation and tourism as key drivers of growth for India
BUSINESS
Consumers opting for EVs, no longer need to be subsidised, says Nitin Gadkari
Gadkari said that the Central government needs to find a solution to India's huge fossil fuel imports, but clarified that it won't lead to taxes on petrol and diesel cars.
BUSINESS
GST tax rate at 12.2%, much below revenue neutral rate, says FM Sitharaman
The minister also said the government wants to increase its revenue collection but not before easing the compliance burden of taxpayers
INDIA
Growth in private consumption shows pick up in rural demand: RBI Governor Das
Das pointed out that, according to data, fundamental growth drivers of the economy are gaining momentum. "This gives us confidence to say that Indian growth story remains intact."
