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India plans central back office for rural banks amid rising AI risks
The Indian government is set to revolutionize the landscape for Regional Rural Banks with the introduction of a central tech hub dedicated to digital service enhancements and fortified cybersecurity.
FDH Aero opens Bengaluru office to strengthen India aerospace supply chain play
US-based FDH Aero has opened a new office in Bengaluru, consolidating its hardware and electronics divisions to support India's growing aerospace and defence sector. This full-service hub, backed by local inventory and teams, aims to cater to tier-1 manufacturers and OEMs amidst strong commercial aerospace demand and rising defence investment.
Fuel prices likely to increase in a phased manner, says Invesco's Taher Badshah
Taher Badshah, CIO at Invesco Mutual Fund, said fears around AI disrupting Indian IT companies may be overstated, noting that enterprise AI adoption remains costly and could eventually create service opportunities for Indian IT firms. Badshah added that valuations in the technology sector have corrected sharply, making select IT stocks attractive from a value-investing perspective.
Sebi proposes allowing depositories to use part of IPF investment income for trust expenses
At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.
Lord's Mark Industries Ltd. announces AI-supported Dialysis ecosystem launch
Lord's Mark Industries Ltd. has launched an integrated dialysis ecosystem in Ahmedabad, featuring the AI-driven Renalyx Machine. This CE-certified, India-engineered system, coupled with RenalOS and Aureoon, offers a Dialysis-as-a-Service model. It aims to provide accessible, affordable, and advanced renal care by eliminating capital investment for hospitals and focusing on patient-centric, continuous treatment.
CMS Info Systems wins ₹400 crore order from HDFC Bank for ATM services; Stock may react
The order is valued at ₹400 crore across 6,000 ATMs. CMS said as per of the five-year contract, it will manage the service solutions including currency forecast and logistics and its Vision AI solution - HAWKAI.
Arisinfra Solutions posts FY26 revenue of Rs 1,067 crore
Arisinfra Solutions reported a 39% rise in FY26 revenue to Rs 1,067.5 crore, while profit surged over ten-fold to Rs 60.3 crore. Strong growth in contract manufacturing and Developer-as-a-Service businesses, improved margins and positive cash flow strengthened the company’s financial position.
From care to commerce: How phydigital healthcare is turning patient programmes into big business
India's healthcare is changing. Value is moving from hospitals to patients' daily lives. A new 'phydigital' model combines physical and digital care. This helps manage chronic diseases better. Patient Service Programmes are becoming a key business. This approach ensures continuous support for patients. It improves treatment adherence and outcomes. This trend is expanding beyond major cities.
Cold-rolled formed engineering solution slashes mining scrap by 80 pc, cut costs by 10-20 pc:Experts
Cold-rolled formed engineering solutions are revolutionizing the mining sector by significantly reducing waste, with experts highlighting up to an 80% decrease in scrap generation. This precision-driven process minimizes material loss, lowers costs, and enhances long-term performance. The technology also improves corrosion resistance and coating retention, leading to extended service life and reduced maintenance expenses.
BASF to set up global service, digital hub in Hyderabad
BASF, a major chemical company, will establish a new global service and digital hub in Hyderabad. This facility is slated to open in the second quarter of 2026. It will support BASF's worldwide operations in areas like finance and human resources. The hub aims to standardize processes and drive digital transformation.
Ather Energy Q4 Results: Net loss narrows, revenue jumps 74% but stock slips
Ather Energy's service network expanded to 548 service centres, which it said is nearly 2x its FY25 footprint. It has over 6,000 charging points powered by LECCS.
Vande Bharat Express now links Jammu to Srinagar directly
Union Railways Minister Ashwini Vaishnaw launched the 20-coach Vande Bharat Express in Jammu and Kashmir. This marks the first direct rail link between Jammu and Srinagar. The service reduces travel time and provides an all-weather connection. The train is popular and has become a lifeline for the region. Future plans include connecting Poonch, Rajouri, and Uri to the rail network.