A view of The Guild’s rocket development and testing facility set up in Tirupati district BY ARRANGEMENT | Photo Credit: BY ARRANGEMENT Ethereal Exploration Guild (The Guild), a Bengaluru-based private space technology company, on Friday unveiled The Anchorage, a 150-acre rocket development and testing facility in Space City, about 40 km from the Satish Dhawan […]

The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) to help build one of the world’s largest plants to make ammonia using renewable energy in India. The investment includes a $100 million loan from the leading Asia’s Private Infrastructure Fund 2, financed by the Japan […]

Image for representational purposes only. Photo: BISWARANJAN ROUT | Photo Credit: BISWARANJAN ROUT India’s crude oil import bill surged 47% year-on-year (YoY) to $15.4 billion in September, amid resurging conflict in West Asia, according to provisional government data. Data from the Petroleum Planning and Analysis Cell (PPAC) showed that crude oil imports rose 7% YoY […]

Beam. Muse Spark Open. Nemotron 3.5 Super VL. Nemotron 3.5 Bolt 74B-A9B. Timestral. These may sound like characters from a science-fiction franchise. They are, in fact, names of open-weight AI models announced or released by technology companies in the United States and Europe in October. Reflection AI released Beam’s weights on October 16. Meta released […]

HDSC said that, excluding treasury performance, profit after tax showed a growth of 12.6% year-on-year. File. | Photo Credit: Reuters HDFC Bank on Saturday (October 17, 2026) reported a 5.55% rise in consolidated net profit to ₹20,700 crore in the September quarter from ₹19,611 crore in the year-ago period. On a standalone basis, net profit […]

Non-interest income of Yes Bank increased by 14.4% to ₹1,882 crore in the July-September quarter from ₹1,644 crore a year ago. File | Photo Credit: Reuters Private sector lender Yes Bank on Saturday (October 17, 2026) reported a 63.2% rise in consolidated net profit to ₹1,084.08 crore in the second quarter of the financial year […]

Interest income of Central Bank of India rose to ₹10,357 crore in the September quarter of FY27 from ₹8,743 crore in the year-ago period. File | Photo Credit: The Hindu Central Bank of India on Saturday (October 17, 2026) reported a 21% rise in net profit to ₹1,469 crore for the second quarter ended September […]

Indian Bank reported a 14.71% year-on-year increase in net profit to ₹3,462 crore for the second quarter of FY27, compared with ₹3,018 crore in the corresponding quarter last year. Operating profit rose 46.58% to ₹7,090 crore, while net interest income increased 17.83% to ₹7,719 crore. Non-interest income grew 59% year-on-year to ₹3,953 crore during the […]

MNRE Secretary Santosh Sarangi. File | Photo Credit: The Hindu India’s agrivoltaic capacity could scale to more than 5-gigawatts in the next three to four years subject to enthusiasm from states and their ability to notify feed-in tariffs, Santosh Kumar Sarangi, Secretary at the Union Ministry for New and Renewable Energy (MNRE) told reporters at a briefing ahead […]

Platforms allotted shares worth ₹8,109.85 crore to 212 anchor investors at the top end of its price band, after institutional demand for the offering exceeded ₹2.5 lakh crore, more than 30 times the amount available in the anchor book, according to a stock exchange filing and people familiar with the matter. The allotment of 7.24 […]