Persistent Systems Ltd.

India Ratings report: FCNR (B) inflows could reduce banks' reliance on Certificate of Deposit issuances in Q2 FY27, despite robust credit growth and funding needs.

Government mandates TReDS for all CPSEs to settle MSME invoices, ensuring timely payments & boosting working capital. RBI-regulated system to benefit 8.7 Cr MSMEs.

Hindustan Copper Ltd (HCL) moves to acquire 4 Chilean copper blocks from Codelco, vital for India''s green energy transition & reducing import reliance.

Bangladesh implements austerity measures, cutting government spending, vehicle procurement, and foreign trips to combat persistent inflation, slow growth, and ensure macroeconomic stability.

FMCG major Dabur India highlights India''s intact growth story, betting on rising consumer aspirations & strong domestic demand for future expansion despite global uncertainty.

HCLTech''s board approved a ₹3,500 crore investment to establish AI data centers in India, targeting the growing demand for AI-led services and solutions.

Edelweiss'' EAAA Alternatives, via Yield Strategy, secured Rs 2,259 Cr NHAI contracts for two Tamil Nadu toll roads (170 km) under a 20-year TOT program.

India''s trade data for June shows exports to US dipped 1.21% and imports rose 33.86%. Overall exports declined slightly, imports increased across many partners.

TRAI seeks ''authorised agency'' status under the IT Act to regulate call management apps like Truecaller. MeitY is examining the request amid a dispute over 1600 series calls.

State-run BSNL reports a provisional 10% increase in Q1 FY27 operational revenue, reaching Rs 4,418 crore. Telecom Minister Scindia highlights growth.

HCLTech''s board approved a ₹3,500 crore investment to establish AI data centers in India, targeting the growing demand for AI-led services and solutions.

HCLTech reports over 20% Q1 profit increase to Rs 4,624 Cr, with revenue up 14%. Company retains FY27 growth guidance & declares Rs 12 interim dividend. AI business surges.

A Delhi court dismissed the ED''s money laundering case against ex-MP Vijay Darda & son Devendra Darda in the Bander coal scam after their acquittal in predicate offenses.

Aastha Spintex, a cotton yarn maker, secured Rs 77 Cr in orders through Oct 2026, reflecting strong demand & 2.3x capacity boost post Falcon Texotube integration.

IndiGo and Accor launch a strategic reciprocal loyalty partnership in India, offering members seamless conversion of reward points and enhanced travel benefits.