Author: Bureau

HP India today introduced the HP OmniBook 5 and HP ProBook 4 G2iS, bringing AI-ready performance, portability and modern design to students, businesses and mobile professionals. The HP OmniBook 5 is designed for students balancing academics, creativity and entertainment. Powered by up to Intel Core 7 processors, it features an OLED display, up to 42 hours of local video playback, an 11.77mm profile and a lightweight 1.16kg design. Available in four colours, it also offers enhanced audio and collaboration features. The HP ProBook 4 G2iS caters to growing businesses and professionals with AI-ready performance, up to 32GB memory and 1TB…

ICICI Lombard General Insurance hosted Startup Shield – The Risk Readiness Forum in Bengaluru on October 27, bringing together startup founders, investors, CXOs and risk experts to discuss emerging business risks and ways to strengthen resilience. With 24,026 DPIIT-recognised startups in Karnataka as of June 30, 2026, the forum addressed growing concerns around cyber threats, AI-related risks, data breaches, regulatory changes and operational disruptions. The discussions covered risk preparedness across the startup lifecycle, including cyber security, employee wellness, professional indemnity, directors and officers liability, asset protection and business interruption. Experts shared practical insights on how insurance and structured risk planning…

Consolidated profit after tax rises 39% to ₹6,103 crore; gold loan AUM grows 46% Muthoot Finance Limited reported strong financial performance for the quarter and half-year ended September 30, 2026, with consolidated Loan Assets Under Management (AUM) growing 42% year-on-year to ₹2,09,317 crore. Consolidated profit after tax for H1 FY27 increased 39% to ₹6,103 crore, compared with ₹4,386 crore in the corresponding period last year. During the half-year, consolidated Loan AUM grew 15% to ₹27,401 crore. Standalone Loan AUM rose 42% year-on-year to ₹1,87,810 crore, while standalone profit after tax grew 26% to ₹5,527 crore. The company’s consolidated gold loan…

Available in three variants with 18 colour options, the helmet features Pinlock 70, dual sun visors and ECE 22.06 certification SMK Helmets has launched its Ares dual-sport helmet in India, introducing three variants – Ares Solid, Ares Claw and Ares Infinity. The helmet, which has generated strong interest since its preview at India Bike Week, is designed for both everyday commuting and weekend rides. Ares Solid is available in six solid colours, while Claw and Infinity feature new graphic designs in six colourways each. The helmet features an EIRT outer shell in two shell sizes, a multi-density EPS liner and…

Orders cover 15 rakes of ACT2 automobile carrier wagons Jupiter Wagons Limited (JWL), a leading rolling stock and mobility solutions company, has secured private sector business worth over ₹324 crore, including GST, from GATX India Private Limited and Chetak International Private Limited for its ACT2 automobile carrier wagons. GATX India has issued a Letter of Intent valued at ₹214.94 crore for 10 rakes comprising 270 ACT2 wagons. Separately, Chetak International has placed an order worth ₹109.10 crore for five rakes comprising 135 wagons. The orders highlight growing demand for Jupiter Wagons’ ACT2 platform among private wagon-leasing and logistics operators. The…

Facility will feature advanced liquid cooling technology and renewable energy integration Vyoma.AI, the integrated AI cloud and hyperscale data centre business of L&T, has commenced construction of its 52 MW AI-ready green data centre in Chennai with a groundbreaking ceremony. Designed to support the growing demand for AI computing, cloud services and digital infrastructure, the facility will cater to hyperscalers, neoclouds and AI innovators. The data centre will feature direct-to-chip liquid cooling technology to support high-density AI workloads, alongside renewable energy integration and energy-efficient systems. It forms part of L&T’s planned gigawatt-scale AI Factory campus in Chennai, which already houses…

New Fund Offers open from October 27 to November 9, 2026 Invesco Mutual Fund has launched Invesco India Silver ETF and Invesco India Silver ETF Fund of Fund, offering investors convenient access to silver as an investment asset. Silver’s growing industrial applications across solar energy, electric vehicles, semiconductors and electronics, alongside its traditional role as a precious metal, have increased investor interest. Industrial applications account for nearly 60% of global silver demand, highlighting its importance across emerging technologies. Invesco India Silver ETF will predominantly invest in physical silver of 99.9% purity or higher, aiming to generate returns in line with…

October sales rise 35% month-on-month to 4,577 units Renault India, a wholly owned subsidiary of Renault Group, reported domestic sales of 39,955 units between January and October 2026, registering 31% growth over 30,558 units sold during the corresponding period last year. The company has already surpassed its full-year 2025 sales of 38,065 units by nearly 5%, achieving the milestone within the first ten months of 2026. Renault India recorded sales of 4,577 units in October, marking a 35% increase over September’s 3,399 units and a 39% rise compared with July 2026. The Renault Triber 100 PS continued to gain customer…

Funding will support advancements in satellite propulsion, precision timing systems and NavIC-enabled navigation technology The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has selected four Indian space companies for financial support totalling ₹67.15 crore under its Technology Adoption Fund (TAF). The selected companies are Manastu Space, MumbaiSemi, Inspecity Space Laboratories and Bengaluru-based VyomIC. The funding will support the development of indigenous technologies across satellite propulsion, in-orbit servicing, precision timing and satellite navigation. Manastu Space has been offered ₹22.08 crore to develop an iodine-based Hall Effect Thruster for small satellites, while Inspecity Space Laboratories will receive an offer of ₹21.18…

Consolidated total income rises 22% to ₹417 crore; H1 net profit grows 20% Central Depository Services (India) Limited (CDSL), Asia’s first listed depository, announced its financial results for the quarter and half-year ended September 30, 2026. CDSL reported consolidated total income of ₹417 crore in Q2 FY27, registering a 22% year-on-year growth. Consolidated net profit increased 24% to ₹173 crore. For H1 FY27, consolidated total income grew 19% to ₹758 crore, while net profit rose 20% to ₹291 crore. On a standalone basis, Q2 total income increased 24% to ₹359 crore, while net profit grew 28% to ₹163 crore. Shri…