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BUSINESS

IIT Bombay-backed incubator SINE to fetch Rs 55 crore in SEDEMAC Mechatronics IPO

IANS | March 6, 2026 2:36 PM

New Delhi, March 6 (IANS) Society for Innovation and Entrepreneurship (SINE) -- the IIT Bombay-backed broad-spectrum technology business incubator -- is selling about 4 lakh shares in the SEDEMAC Mechatronics initial public offering (IPO), according to the filings.

PM Modi calls for strengthening budget provisions at district level for maximum impact

IANS | March 6, 2026 2:28 PM

New Delhi, March 6 (IANS) Prime Minister Narendra Modi on Friday said that since agriculture is a state subject, states must be inspired to fulfil their budgetary responsibilities, as he called for strengthening budget provisions at the district level for maximum impact.

PhonePe’s merchant network hits 47 million businesses; DRHP reveals diversified monetisation

IANS | March 6, 2026 2:22 PM

New Delhi, March 6 (IANS) As PhonePe Ltd prepares for its initial public offering (IPO), disclosures in its updated draft red herring prospectus (DRHP) shed light on the massive scale and sophisticated monetisation of its merchant ecosystem.

India Stack Global to facilitate DPI adoption by partner nations

IANS | March 6, 2026 2:13 PM

New Delhi, March 6 (IANS) India Stack Global will facilitate adoption of India’s digital public infrastructure (DPI) by partner nations by showcasing India’s DPI solutions, an official factsheet said on Friday.

64 pc women in finance and accountancy in India aspire to become entrepreneurs: Report

IANS | March 6, 2026 1:54 PM

New Delhi, March 6 (IANS) Nearly two-thirds of women working in finance and accountancy in India now aspire to become entrepreneurs, reflecting rising confidence in using financial skills as a pathway to business ownership, according to a survey released on Friday.

Uranium deal with Canada to propel India’s big push for nuclear energy

IANS | March 6, 2026 1:33 PM

New Delhi, March 6 (IANS) The Narendra Modi government’s sealing of the $2.6 billion deal for the long-term supply of uranium from Canada is seen by global analysts as a crucial step in India’s ambitious push for achieving 100 gigawatts of nuclear capacity by 2047.

IT firms’ FY27 earnings estimates dip 1 pc as AI reshapes services: Report

IANS | March 6, 2026 1:29 PM

New Delhi, March 6 (IANS) Earnings estimates of IT firms for FY27 have been lowered by 1 per cent, while target multiples for large‑cap IT services and BPO firms have eased amid uncertainty around AI adoption, a report said on Friday.

PSBs record multifold growth against private lenders in online credit card transactions: Report

IANS | March 6, 2026 1:25 PM

New Delhi, March 6 (IANS) Credit card spending in India rose 8.1 per cent year-on-year (YoY) to Rs 2.05 lakh crore in January 2026, driven by momentum in e-commerce transactions, a report showed on Friday.

Time is ripe for export-oriented agri production to reach global markets: PM Modi

IANS | March 6, 2026 11:54 AM

New Delhi, March 6 (IANS) Prime Minister Narendra Modi on Friday said that the time is ripe for increasing export-oriented agriculture production to join the global supply chains, which will create new jobs and empower our farmers.

Precious metals surge over US-Iran war tensions, softer dollar

IANS | March 6, 2026 11:21 AM

New Delhi, March 6 (IANS) Gold and silver prices went up on Friday after a mild dip in the previous session, driven by conflict in the Middle East and a softer dollar.

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