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business

UN Supports New World Map to Correct Long-Standing Distortions in Continental Size

Bhumika Lenka
5 Sept 2026
New Delhi, Sep 5: The United Nations General Assembly has approved a resolution supporting a new world map designed to present the size of the world’s continents more accurately. The resolution received support from 164 countries, while the United States voted against it and six countries abstained. The move backs the use of the Equal Earth projection as an alternative...
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business

FCNR Deposit Surge Gives Banks Fresh Liquidity, Strengthens Financial Sector

Bhumika Lenka
5 Sept 2026
Mumbai, Sep 5 : Indian banks have emerged as major beneficiaries of the strong rise in Foreign Currency Non-Resident (FCNR-B) deposits, as overseas funds have flowed into the banking system through the Reserve Bank of India’s special forex swap facility. The special window attracted more than $127 billion through FCNR(B) deposits before it closed at the end of August. The...
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business

Aditya Birla Group launches wires and cables business, Ultravolt marks the Group’s fourth new business foray in three years

K Puspa
5 Sept 2026
Chandigarh, Sep 05:   Aditya   Birla   Group , announced the launch of the wires  and  cables   business ,  Ultravolt , marking the  group ’s  fourth   new   business   foray  in  three   years . Backed by an investment of Rs.1,800 crore, Ultravolt  will be the second largest player in the  wires  segment by capacity. Housed...
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business

Light of Life Trust Lists on BSE Social Stock Exchange to Support Education of over 400 Underserved Children

K Puspa
5 Sept 2026
Mumbai, Sep 05: Light of Life Trust, a not-for-profit organisation working towards breaking the intergenerational cycle of poverty, is listed on the BSE Social Stock Exchange , marking an important step in its efforts to strengthen access to education and create sustainable opportunities for children from underserved communities. As part of the listing, LOLT has undertaken a Zero Coupon Zero...
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business

Rentomojo Limited’s Initial Public Offer to Open for Subscription

K Puspa
5 Sept 2026
Sep 05: Rentomojo Limited, shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Wednesday, September 09, 2026. The Price Band of the Offer has been fixed at ₹ 384 to ₹ 404 per Equity Share. Bids can be made for a minimum of 37 Equity Shares and in multiples of 37 Equity Shares thereafter....
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business

SAIL Achieves Record August Steel Production, Sales Jump 13 percent as Borrowings Fall by Rs 870 Crore

Neel Achary
5 Sept 2026
State-owned steel giant Steel Authority of India Limited (SAIL) has delivered one of its strongest monthly performances in recent years, posting record production and double-digit sales growth in August 2026. The Maharatna PSU achieved its highest-ever August output of hot metal, crude steel and saleable steel, while robust domestic demand and improved retail sales helped push overall sales volumes to 1.87...
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news

Midea Brings "Simply ideal" to Life at IFA 2026

Sai Krishna
4 Sept 2026
BERLIN , Sept. 4, 2026 /PRNewswire/ -- At IFA 2026, Midea brings its "Simply ideal" vision to life through the latest innovations, designed to bring greater intelligence, comfort, efficiency and ease to the home. The exhibition also highlights Midea's new five-year partnership with FC Barcelona. The Midea Suites: Ways to Master the Home The new SMART MASTER showcases Midea's AI-powered...
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news

Dahua Technology Showcases Integrated Smart Living and Innovations at IFA Berlin 2026

Sai Krishna
4 Sept 2026
BERLIN , Sept. 4, 2026 /PRNewswire/ -- Dahua Technology, a world-leading video-centric AIoT solution and service provider, is showcasing its expanding portfolio of intelligent products and solutions at IFA Berlin 2026, highlighting the company's continued innovation in its core technology strengths while extending AIoT capabilities into a broader range of business areas. At this year's exhibition, Dahua is presenting innovations...
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