Persistent Systems Ltd.

Congress accuses Modi govt of diluting UPI and opening digital payments to US businesses via a new bill, potentially ending free transactions under US pressure.

RBI''s latest monetary policy raises FY27 GDP growth to 6.7% while lowering inflation forecast to 5%. Global risks persist, but domestic activity shows resilience.

Crude oil futures on MCX rebound over 1% to Rs 7,761/barrel. Global prices recover amid persistent supply disruption concerns and US-Iran diplomatic efforts.

Persistent Systems reports 13.7% Q1 profit rise to Rs 483 crore, with revenue up 29%. Company signs Nagarro deal, achieves record $1.15B TCV & strong segment growth.

India''s Finance Ministry report urges re-imagining responses to global challenges like high energy prices & inflation. Reforms & swift policy action are crucial for economic resilience.

Fujiyama Power Systems commissions a new 2 GW power electronics manufacturing facility in Ratlam, MP, boosting its rooftop solar market capabilities.

Dhoot Transmission secures Rs 918.3 Cr from anchor investors like BlackRock, ADIA, SBI MF ahead of its Rs 3,067 Cr IPO opening Aug 10.

Gujarat launches ChipIN Extension Centre & VLSI Design CoE to boost semiconductor chip design. Students gain industry skills, access tools, and fabrication, strengthening its design hub.

Bombay High Court criticizes Maharashtra FDA's 'drastic action' against Amazon Retail India's warehouse, calling it 'killing a mosquito with a sword' for procedural lapses in license cancellation.

PlaySimple Games, Garuda Aerospace, Rediff.com India, and 6 other companies secure Sebi''s approval to launch their Initial Public Offerings (IPOs).

Fujiyama Power Systems commissions a new 2 GW power electronics manufacturing facility in Ratlam, MP, boosting its rooftop solar market capabilities.

India''s government scrutinizes Meta''s intermediary status under IT Act, questioning recommendation systems, paid content, and deepfakes. Safe harbor at risk.

Dhoot Transmission secures Rs 918.3 Cr from anchor investors like BlackRock, ADIA, SBI MF ahead of its Rs 3,067 Cr IPO opening Aug 10.

Centre approves EMC 2.0 in Rajnandgaon, Chhattisgarh. Expected to attract ₹3000 Cr investment, create 9000 jobs, boosting high-tech manufacturing & Make in India.

Gujarat launches ChipIN Extension Centre & VLSI Design CoE to boost semiconductor chip design. Students gain industry skills, access tools, and fabrication, strengthening its design hub.