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02 May

Gokula Education Foundation Unveils RISM University to Build Talent for AI, Aerospace Sectors

Business BureauBusiness

The Gokula Education Foundation (Medical) on Tuesday announced the launch of the Ramaiah Institute of Science and Management (RISM), a new deemed-to-be university focused on artificial intelligence, aerospace engineering and industry-driven management education in collaboration with the University at Albany. The university, set to begin its first academic session in August 2026, aims to deliver globally benchmarked and industry-aligned education through undergraduate, postgraduate and doctoral programmes across engineering, business and science disciplines. Initial academic offerings will include B.Tech programmes in Computer Science and Artificial Intelligence, Aerospace Engineering and Electrical Sciences, along with BBA and MBA courses. The institution said its…

02 May

Rising operational costs: How the rise in commercial LPG prices is putting pressure on Indian businesses

anuprovaBusiness

The recent rise in Commercial Liquefied Petroleum Gas (LPG) prices has had a big effect on the Indian economy, putting a lot of financial strain on small and medium-sized businesses (SMEs). This price increase, which is mostly due to changes in international energy benchmarks and problems in the supply chain, has a direct effect on the hospitality, catering, and manufacturing industries. The higher price of 19-kg commercial cylinders is making it hard for restaurant and small eatery owners to choose between eating the loss or passing it on to customers. This inflationary pressure is especially bad for the "street food"…

30 Apr

Visakhapatnam’s IT Revolution: Infosys, Google, and TCS Lead Massive Investment Wave

nanikaBusiness

The port city of Visakhapatnam is rapidly cementing its status as India’s newest premier technology hub. In a major boost to the state’s digital economy, IT giant Infosys has announced plans to establish a permanent 20-acre campus in the city. The new facility is designed to accommodate 7,000 employees, signaling a massive leap in the company’s local operations. This expansion follows a period of exponential growth for Infosys in the region. Since early 2024, the company has scaled its workforce from a modest 250 to nearly 1,900 professionals. With the state government confirming the allotment of land, this permanent campus…

30 Apr

Cleartrip launches train ticket bookings in partnership with IRCTC, strengthens multi-modal platform

Business BureauBusiness

Online travel platform Cleartrip, a part of Flipkart, has entered the train ticket booking segment through a partnership with Indian Railway Catering and Tourism Corporation (IRCTC), the official ticketing arm of Indian Railways. With the launch, Cleartrip has expanded its travel services portfolio to include flights, hotels, trains, buses and holiday packages, strengthening its position as a multi-modal travel platform. The company said users will now be able to search, book and manage train journeys directly through the app. The platform will offer access to train bookings across India, including General and Tatkal quotas as per Ministry of Railways guidelines.…

30 Apr

India’s M&A Momentum Holds Strong in 2026 as Innovative Risk Mitigation and Insurance Strategies Boost Deal Confidence

Business BureauBusiness

India continues to emerge as a standout destination for mergers and acquisitions (M&A) in 2026, offering investors a rare combination of growth potential and increasingly predictable risk dynamics. According to Vikas Pareek, Head of Transaction Solutions, India at Aon, the country’s dealmaking landscape is being shaped not by the absence of risk, but by the market’s improved ability to understand, quantify and manage it. At a time when global M&A activity remains uneven, India is being priced differently compared to other emerging markets. Political continuity, regulatory consistency and a rules-based approach to foreign investment have contributed to greater investor confidence and…

30 Apr

Digital payment safety takes centre stage as NPCI pushes consumer awareness drive

Business BureauBusiness

India’s digital payments ecosystem continues to witness strong growth, prompting the National Payments Corporation of India (NPCI) to intensify consumer awareness around safe online transactions amid rising concerns over cyber fraud and payment scams. In its latest consumer advisory, NPCI outlined five important safety practices aimed at strengthening user confidence in digital payment platforms. The organisation advised customers to verify the recipient’s name before making payments and use only trusted and official payment applications or websites for transactions. It also warned users against sharing sensitive details such as UPI PINs, OTPs, or banking information with anyone, including individuals posing as…

29 Apr

Bandhan Bank FY26 business crosses Rs 3.2 lakh crore mark, profit stands at Rs 1,224 crore

Business BureauBusiness

Bandhan Bank on April 28 announced that its total business for the financial year 2025-26 grew by more than 11 per cent year-on-year to cross Rs 3.2 lakh crore, driven by expansion in its distribution network, improved operational efficiency, and growth across key business segments. According to the bank, its total loan book increased by 12.6 per cent year-on-year to Rs 1.54 lakh crore, while total deposits rose 10 per cent to Rs 1.66 lakh crore during the period. The share of retail deposits to total deposits stood at nearly 74 per cent, while the Current Account and Savings Account…

29 Apr

Reckitt launches ‘Power of 8’ sanitation initiative in Bihar to boost community hygiene ecosystem

Business BureauBusiness

Reckitt has announced the launch of the “Harpic Safe Sanitation Programme – Bihar Chapter” in Motihari, East Champaran, under its flagship Dettol Banega Swasth India initiative, aimed at strengthening community hygiene and sanitation ecosystems through a service-led approach. The programme, launched in partnership with Jagran Pehel, introduces the “Power of 8” sanitation model designed to deliver sustained hygiene outcomes through scheduled cleaning systems, dedicated sanitation funding, trained manpower, supervision, hygiene infrastructure support, drain de-clogging, live tracking and data-driven monitoring. The initiative was formally launched in the presence of Radha Mohan Singh, senior BJP leader and Member of Parliament from East…

29 Apr

Sanofi Consumer Healthcare India posts 33% revenue growth in Q1 FY26, PAT rises 36%

Business BureauBusiness

Sanofi Consumer Healthcare India Limited on Monday reported a strong financial performance for the first quarter of FY26, posting a 33 per cent year-on-year rise in revenue to ₹2,292 million, driven by steady domestic demand and a sharp increase in export sales. The company said domestic sales grew by 15.5 per cent during the quarter, supported by the relaunch of previously recalled products in the market. Export sales witnessed a significant jump of 144 per cent compared to the same period last year, mainly due to a lower base effect. Profit after tax (PAT) for the quarter stood at ₹678…

28 Apr

ICICI Bank opens first branch in Tirap district at Khonsa

Business BureauBusiness

Private sector lender ICICI Bank has opened its first branch in Khonsa, the headquarters of Tirap district in Arunachal Pradesh, marking the bank’s entry into the southeastern district of the state. The new branch expands the bank’s presence in Arunachal Pradesh, where it now operates 21 branches along with 22 ATMs and Cash Recycling Machines (CRMs). The branch was inaugurated by Wanglin Lowangdong, MLA of Borduria Bogapani constituency, along with Tirap Deputy Commissioner Techu Aran. The facility has been equipped with a Cash Recycling Machine and will provide a range of banking services including savings and current accounts, fixed and…