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Industry

Akshit Jindal Oct 20, 2026

SIPs register recorded ₹32,490 crore of inflows in September 2026

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Amid rapidly evolving geopolitical landscape and global headwinds, foreign institutional investors (FIIs) remained net sellers in September, according to the latest data released by Association of Mutual Funds in India (AMFI) on Monday (October 12, 2026). On the other hand, Systematic Investment Plan (SIP) […]

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Akshit Jindal Oct 20, 2026

Coal stocks at thermal plants hold above 18 MT as supply deficit narrows

Improvement in coal supplies accompanied by an increase in rail freight movement | Photo Credit: The Hindu Domestic thermal power plants had coal stocks of 18.205 million tonnes (MT) as of October 10, with supplies averaging 2.49 MT per day, the government said on Monday, assuring that stocks were adequate to meet power demand. The […]

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Akshit Jindal Oct 20, 2026

Rupee jumps 96 paise to close at 95.75 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Reuters The rupee appreciated 96 paise, logging its steepest single-day gain in more than six months, to close at 95.75 (provisional) against the U.S. dollar on Monday (October 12, 2026) after the Reserve Bank of India over the weekend stepped in with several measures aimed at […]

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Akshit Jindal Oct 20, 2026

Tata Motors, Stellantis deepen partnership to develop global vehicles in India

Vehicles developed under the agreement will be manufactured in India at Fiat India Automobiles Private Ltd (FIAPL), the 50:50 joint venture between TMPV and Stellantis | Photo Credit: Reuters Stellantis India, Tata Motors Passenger Vehicles Ltd (TMPV) and its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), on Monday signed a definitive agreement to expand their […]

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Akshit Jindal Oct 20, 2026

LTTS bets on manufacturing AI; eyes 80% revenue from six strategic areas in next 5 years

LTSS chief executive Amit Chadha | Photo Credit: Special Arrangement L&T Technology Services (LTTS) is betting on artificial intelligence (AI) for manufacturing and operations to offset pricing pressure from AI-led efficiencies in parts of its engineering business, as it seeks to monetise the technology through proprietary tools, licences and new industrial applications, chief executive Amit […]

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Akshit Jindal Oct 20, 2026

Agilisium aims to cut CS hire below 30%, eyes $500 mn revenue in next 5-7 years

Agilisium CEO Raj Babu says  life sciences business has been growing at about 45% annually | Photo Credit: Special Arrangement Artificial Intelligence (AI) is prompting life sciences technology company Agilisium to overhaul its hiring strategy, with founder and CEO Raj Babu aiming to reduce computer science (CS) graduates to less than 30% of new recruits […]

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Akshit Jindal Oct 20, 2026

GE to double India sourcing to $400 mn by 2030; GE-CFM engines set to power 9 in 10 aircraft

GE Aerospace expects its footprint to grow significantly over the next decade, with its JV with Safran, CFM International, anticipating increase in installed engine base in India | Photo Credit: Reuters GE Aerospace aims to nearly double its annual component sourcing from India to $400 million by 2030, from about $200 million in 2025, as […]

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Akshit Jindal Oct 20, 2026

ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Downstream

Nasser Omair Al Muhairi, Acting CEO of ADNOC’s Downstream industry, Marketing and Trading. Source: Special Arrangement. The Abu Dhabi National Oil Company (ADNOC) is open to further long-term liquefied petroleum gas (LPG) supply agreements with India and sees significant potential to deepen cooperation across crude oil, liquefied natural gas (LNG), naphtha, trading, shipping and strategic […]

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Akshit Jindal Oct 20, 2026

IBM India pitches ‘digital swaraj’ with country-specific tools for sovereign AI

Managing Director of IBM India & South Asia Sandip Patel and IBM Asia Pacific General Manager Hans Dekkers at the IBM Think 2026 summit, in Mumbai | Photo Credit: ANI IBM is developing India-specific tools and application programming interface (API) connectors to integrate its sovereign AI software platform with local systems, as it seeks to […]

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Akshit Jindal Oct 20, 2026

Hyundai Motor Group to invest $15.5 billion in India by 2032

 Prime Minister Narendra Modi and Hyundai Motor Group Executive Chair Euisun Chung | Photo Credit: Special Arrangement Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032, expanding manufacturing capacity, research and development (R&D) infrastructure and localisation of components as it seeks to strengthen the country’s position as a global automotive hub. […]

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