PSP Projects Ltd.

Bonfiglioli Transmissions secured Rs 759.26 Cr from anchor investors like BlackRock & Goldman Sachs ahead of its Rs 2,534 Cr IPO opening Oct 15.

An IIT-Bombay study recommends reducing UPI MDR to 0.08% and removing banks' share, citing their substantial CASA deposit earnings. Aims for sustainable digital payments.

Adani Energy Solutions (AESL) acquired Satara Power Transmission from PFC Consulting to develop a key Western Region transmission system for renewable energy.

Apple Pay officially launches in India, partnering with Axis Bank for secure payments on iPhone, iPad, and Apple Watch. More banks to join soon.

HCAH and QMS merge their pharma service businesses into Saarathi Healthcare to expand patient support programs across India, serving over 1.2 million patients.

Indian benchmark indices Sensex and Nifty trade lower due to profit-taking and FII outflows, despite strong performance from IT stocks like Tech Mahindra.

India's government adjusts windfall tax: increases levy on petrol exports to Rs 2.5/litre, cuts diesel export duty to Rs 8.5/litre from Oct 16.

Kotak Mahindra AMC temporarily suspends subscriptions in two debt funds holding Yes Bank AT1 bonds, citing a precautionary measure before Supreme Court ruling.

Mankind Pharma acquires 70% of Belgium's Armed Cell Therapeutics (ACTx) for €48M, marking its entry into next-gen CAR-T cancer therapies.

Sebi revises its Closing Auction Session framework and derivatives settlement norms. Changes include new trading timings and VWAP methodology for settlement prices.

Indian Rupee gains 20 paise to 94.79 against the US dollar. Supported by RBI forex interventions & lower US treasury yields, despite high crude oil prices.

Indian benchmark indices Sensex and Nifty trade lower due to profit-taking and FII outflows, despite strong performance from IT stocks like Tech Mahindra.

India's government adjusts windfall tax: increases levy on petrol exports to Rs 2.5/litre, cuts diesel export duty to Rs 8.5/litre from Oct 16.

Reflect Orbital partners with Skyroot Aerospace to launch orbital mirrors, providing on-demand sunlight for disaster relief, solar farms, and more, despite environmental concerns.

Kotak Mahindra AMC temporarily suspends subscriptions in two debt funds holding Yes Bank AT1 bonds, citing a precautionary measure before Supreme Court ruling.