The Delhi government has unveiled the draft Delhi Startup Policy, 2025, with a vision to nurture at least 5,000 startups by 2035. The policy emphasizes financial incentives, incubation support, and a robust monitoring framework to build a structured startup ecosystem in the national capital. ₹200 Crore Venture Capital…
Infosys (NSE: INFY) has entered into a strategic collaboration with Mastercard to expand financial institutions’ access to Mastercard Move, a comprehensive suite of money movement capabilities for fast, secure, and scalable domestic and cross-border transactions. Integration with Infosys Finacle The partnership will integrate Mastercard Move with Infosys Finacle,…
National Aluminium Company (NALCO) has unveiled plans to invest ₹30,000 crore over the next five years, focusing on expanding its aluminium production capacity and securing raw material supplies. Chairman and Managing Director Brijendra Pratap Singh announced the investment on August 28, 2025. Smelter Project in Odisha NALCO will…
Dutch investment firm Prosus is in advanced discussions to invest about $200 million (₹1,750 crore) in ride-hailing platform Rapido, according to reports. The move is aimed at increasing Prosus’ stake in the company, which currently stands at 3–4%. Investment Structure The funding is likely to be structured either…
The National Stock Exchange (NSE) has announced that it will conduct mock trading sessions on Saturday, August 30, in the capital market segment, along with the commodity and currency derivatives segments. The exchange shared the update through an official release today, August 29. Purpose of Mock Trading No…
Bank of Baroda (BoB) has announced a reduction in lending rates across key retail loan products ahead of the festive season, as per news reports. Car Loan Rate Reduction The bank has lowered interest rates on car loans by 25 basis points. The revised rate now stands at…
CG Semi Private Limited (CG Semi), a subsidiary of CG Power and Industrial Solutions Ltd and part of the Murugappa Group, has inaugurated India’s first Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. With this launch, CG Semi emerges as one of India’s earliest full-service OSAT…
Overview AGI Infra Limited, a leading name in the construction and real estate sector, has announced plans to acquire a 60% stake in WorldNext Realty LLP for ₹30 crore. The deal, expected to be completed by March 31, 2026, underscores AGI Infra’s expansion strategy in the real estate…
In a major step to expand retail investment access, the Department of Posts (DoP), under the Ministry of Communications, and the Association of Mutual Funds in India (AMFI) have signed a Memorandum of Understanding (MoU) to distribute mutual funds through 1.64 lakh post offices across the country. The…
Mahindra Aerostructures Pvt Ltd (MASPL) has secured a contract from Airbus Helicopters to manufacture the main fuselage of the H125 single-engine helicopter. Production will begin immediately at MASPL’s Bengaluru facility, with the first fuselage delivery scheduled for 2027, according to reports. Financial details were not disclosed. Second Airbus…