Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

New Delhi: Persistent Systems today announced its audited financial results for the quarter and year ended June 30, 2026, as approved by the Board of Directors. Sandeep Kalra, Chief Executive Officer and Executive Director, said, “We marked our 25th sequential quarter of revenue growth to begin FY27, delivering 3.8% quarter-over-quarter and 16.1% year-over-year revenue growth, along with an EBIT margin of 16.0%. This performance was underpinned by a record quarterly Total Contract Value (TCV) of $1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement

Nation

InstaHelp by Urban Company Crosses 100,000 Daily Delivered Orders

Gurugram: Urban Company Limited (NSE: URBANCO) today announced that InstaHelp, its quick-service housekeeping vertical, crossed 100,000 delivered orders in a single day on Sunday, August 2, 2026. The 100,000+ delivered

Nation

Coal India Logs Over 8% Growth in Production in July FY’27; Supplies Surge 18.38%

Kolkata: Coal India Limited (CIL) has registered 8.44% growth in coal production to 50.36 million tonnes (MT) and 18.38% increase in coal supplies to 64.19 MT, over the corresponding period

Nation

Union Cabinet Approves ₹84,084 Cr ‘Samudra Manthan’ National Offshore Oil and Gas Exploration Scheme to Cut Import Dependence

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, yesterday approved “Samudra Manthan” the National Offshore Exploration Scheme, a Central Sector Scheme of the Ministry of Petroleum &

StarlinePS Enterprises Invests ₹160 Crore in Celloraa Energy

Reforms required in Uttar Pradesh Urban Planning and Development Act,1973

India’s Middle East Policy: ‘4Ds and 4Es’ Strategy; Strait of Hormuz Closure ‘Not Acceptable,’ Says Former Diplomat and NTPC Director Anil Trigunayat

energy

Energy

RECPDCL Hands Over Ryapte Power Transmission Limited to Tata Power

New Delhi: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Ryapte Power Transmission Limited,

Energy

REC and PFC Sign ₹26,850 Crore Common Loan Agreement with MUNPL for 2,400 MW Meja Thermal Power Project Stage-II

New Delhi: REC Limited and PFC Limited, Maharatna CPSEs under the Ministry of Power and leading Infrastructure Financing NBFCs, have signed Common Loan Agreement with Meja Urja Nigam Private Limited

Energy

RECPDCL Hands Over Bhadla Ramgarh Power Transmission Limited to Power Grid and Shongtong Power Transmission Limited to Terralight Solar Energy Tinwari

New Delhi: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over two project-specific Special Purpose Vehicles

Highway Infrastructure Limited Receives IVR BBB+/Stable Credit Rating from Infomerics

NMDC Delegation Meets Argentina Minister to Boost Strategic Minerals Cooperation

Mangalam Worldwide Announces Financial Results for Q1 FY27; PAT up 18.71% YoY to ₹12.02 Crore

BANKING AND FINANCE

Banking and Finance

SBI Card and Google Pay Launch Co-Branded Google Pay Flex SBI Card

New Delhi: SBI Card and Google, jointly announced the launch of ‘Google Pay Flex SBI Card’ as part of the Flex by Google Pay offering. The Google Pay Flex SBI

Nation

Delhi High Court Orders Winding Up of Paytm Payments Bank Limited

New Delhi: The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL). The Reserve Bank of India (RBI) canceled its banking license under Section 22(4)

Banking and Finance

Canara Bank Announces Financial Results; Global Business Up by 14.37% YoY

New Delhi: Canara Bank has announced its financial results for the quarter ended 30 June 2026. The company reported its global business up by 14.37% YoY, Global Deposit up by

Torrent Pharma Announces Q1 FY27 Results

Gland Pharma Gets USFDA Approval for Sugammadex Injection Single-Dose Vials

Alembic Pharmaceuticals Limited receives USFDA Final Approval for Prucalopride Tablets, 1 mg and 2mg

FMCG AND AGRICULTURE

FMCG & Agriculture

Aether Industries Partners with Dow India to Develop Advanced Silicone Manufacturing Technologies

New Delhi: Aether Industries Limited, one of India’s leading specialty chemical manufacturers and provider of contract research and manufacturing services (CRAMS), and Dow Chemical International Pvt. Ltd. (Dow India) today

Top News 1

NABARD signs MoU with MAHAPREIT to Accelerate Green Infrastructure in Rural India

Mumbai: NABARD and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), a Government of Maharashtra enterprise, signed an MoU to finance and promote green, climate-resilient and sustainable infrastructure across

Top News 1

Rossari Biotech Announces Q1 FY27 Financial Results

Mumbai: Rossari Biotech Limited (Rossari), a Specialty-Chemicals manufacturer providing intelligent and sustainable solutions for customers across industries, has announced its financial results for the quarter ended June 30, 2026. Consolidated:

Hyundai Motor India Achieves Highest-ever Total Monthly Sales of 75,360 Units in July 2026

Maruti Suzuki Vehicle Sales Cross 241,000 Units in July 2026

Tata Motors Reports 37% Growth YoY with Total Sales of 39,641 Commercial Vehicle Units in July 2026

TECH AND STARTUPS

Top News 1

Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

New Delhi: Persistent Systems today announced its audited financial results for the quarter and year ended June 30, 2026, as approved by the Board of Directors. Sandeep Kalra, Chief Executive

Tech & Startups

InfoBeans Sustains Growth Momentum in Q1 FY27, Reporting Significant Gains in Revenue and Profitability

Greater Noida: InfoBeans Technologies Limited (NSE: INFOBEAN, BSE: 543644), a leading global AI-driven digital transformation firm, announced its financial performance for the first quarter of the fiscal year 2026-27 on Wednesday.

Tech & Startups

Pace Digitek’s Subsidiary LPPL and MEGMEET Expands Strategic Cooperation to Support AI Data Center Power Infrastructure Capabilities in India

Bengaluru: Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited. Building on a business relationship