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Financial news roundup: Axis Bank solar loans, Jetsynthesys acquisition, Bandhan Fund growth, and IHCL hotel expansion. Stay updated on key business events.

ITC's net profit rose 2% in Q4 driven by strong cigarette sales and rural demand, offsetting urban slowdown. Revenue from consumer goods also grew.

OYO announces a £50 million investment in the UK to expand its premium hotel portfolio, create 1,000 jobs, and strengthen tourism infrastructure. The company is also looking to introduce several...

Gaming and Esports company Nazara Technologies has raised Rs 495 crore from existing investors Arpit Khandelwal and Mithun Sacheti, triggering a 26% open offer. The investment will be used to...

Housing prices in Noida Expressway and Bengaluru's Gunjur have surged by 66% and 69% respectively in the last 5 years, according to a report by Anarock. The growth is attributed to improved...

RBL Bank secured $3.4 billion in FCNR-B deposits by August 31, utilizing RBI's special forex swap facility. Emirates NBD also supported the mobilization.

ICICI Bank increases its stake in ICICI Life by 2% from Prudential plc for ₹1,470 crore, raising its total holding to 52.8% due to regulatory compliance.

Heads of BRICS IP offices reviewed patent examination cooperation progress and adopted updated operational guidelines to boost cross-border innovation.

Uber is reducing its global workforce by 10%, cutting 3,400 jobs as part of an organizational overhaul to simplify structures and boost efficiency.

Union Minister Nitin Gadkari stresses the urgent need for mandatory training for heavy vehicle and construction equipment drivers to improve road safety and reduce accidents.

Former CII executive Shuchita Sonalika becomes the first COO of the Canada-India Business Council, strengthening bilateral economic ties between Canada and India.

RBL Bank secured $3.4 billion in FCNR-B deposits by August 31, utilizing RBI's special forex swap facility. Emirates NBD also supported the mobilization.

Madhya Pradesh Food Department seized 375 quintals of sugar from an Indore chocolate factory, exceeding the permissible stock limit under Sugar Control Order 2026.

ICICI Bank increases its stake in ICICI Life by 2% from Prudential plc for ₹1,470 crore, raising its total holding to 52.8% due to regulatory compliance.

Heads of BRICS IP offices reviewed patent examination cooperation progress and adopted updated operational guidelines to boost cross-border innovation.