New Delhi, July 9 (IANS) Zerodha founder and CEO Nithin Kamath on Thursday took a swipe at rival platforms on X after Groww, one of India’s largest retail brokers by active users, began offering regular mutual funds through its subscription service Groww Prime.In a social media post, Kamath said many platforms that launched direct mutual fund offerings around the time Zerodha introduced its Coin platform have since “disappeared or pivoted to something else.”Remaining competitors are “ret…

New Delhi, July 9 (IANS) Former ONGC Director (Finance) Subhash Kumar on Thursday said AustralianSuper’s decision to invest an additional AUD 500 million in the National Investment and Infrastructure Fund (NIIF) reflects the growing confidence of global institutional investors in India’s long-term economic and infrastructure growth story.Reacting to the latest investment, Kumar said the additional commitment underscores the attractiveness of India’s infrastructure sector and validates the countr…

New Delhi, July 9 (IANS) India Inc’s revenue growth accelerated to 11–11.5 per cent year‑on‑year in the Q1 FY27, marking the fastest pace in two years, a new report has said.Strong domestic demand and price hikes offset the impact of higher input costs triggered by the West Asia conflict, helping corporates to maintain strong growth rate, the report from ratings agency Crisil Ratings.Even as supply disruptions in West Asia pushed up fuel, freight, packaging and feedstock costs, the resil…

Mumbai, July 9 (IANS) Torrent Pharmaceuticals on Thursday announced a voluntary recall of select batches of its Semalix injection disposable pens as a precautionary measure after manufacturing partner Dr Reddy’s Laboratories identified a quality issue requiring technical evaluation.The recall is limited to select batches of Semalix Injection 2 mg and 4 mg manufactured by Dr Reddy’s Laboratories.Torrent clarified that the action is being taken purely as a precaution and said there is no risk to p…

New Delhi, July 9 (IANS) Zerodha founder and CEO Nithin Kamath on Thursday took a swipe at rival platforms on X after Groww, one of India’s largest retail brokers by active users, began offering regular mutual funds through its subscription service Groww Prime.In a social media post, Kamath said many platforms that launched direct mutual fund offerings around the time Zerodha introduced its Coin platform have since “disappeared or pivoted to something else.”Remaining competitors are “ret…

New Delhi, July 9 (IANS) The next generation of global capability centres (GCCs) will be driven by the strength of the ecosystem they operate in rather than location or incentives alone, Sanjay Kaul, Group CEO and Managing Director of GIFT City, said on Thursday.Speaking at the session on “The Evolving GCC Ecosystem: Key Insights” during the second edition of the National CII GCC Business Summit organised by the Confederation of Indian Industry (CII) in New Delhi, Kaul said the rapid adoption of…

New Delhi, July 9 (IANS) The Quality Council of India and the National Small Industries Corporation Limited signed a five-year memorandum of understanding (MoU) to establish a collaborative ecosystem aimed at strengthening quality, competitiveness and market access for micro, small and medium enterprises (MSMEs) across the country, an official statement said on Thursday.The partnership will combine QCI’s expertise in accreditation and certification with NSIC’s extensive MSME support network …

New Delhi, July 9 (IANS) Innovation-led research, science-based regulatory frameworks, climate-resilient technologies and deeper global collaboration will be central to strengthening India’s seed ecosystem and enhancing agricultural productivity, experts said on Thursday.Policymakers, scientists, industry leaders and international experts at ASSOCHAM’s India Seed Trade & Innovation Summit 2026 discussed strategies to strengthen India’s competitiveness in the global seed value chain through i…

New Delhi, July 9 (IANS) India’s residential market saw its strongest first‑half sales performances during the first half this year, as residential sales across eight major cities stood at 171,471 units, a marginal 1 per cent increase from the same period in previous year, a report said on Thursday.The report from Knight Frank India said the real estate activity settled into a phase of consolidation, while developers launched 1,87,350 units, up 4 per cent year‑on‑year. The near‑flat sa…

Mumbai, July 9 (IANS) India’s private credit market is set for sustained expansion over the coming years, driven by growing awareness, regulatory support, digital innovation and rising demand for alternative financing, industry leaders said on Thursday. Speaking to IANS on the sidelines of IVCA Private Credit Summit 2026 here, they said private credit is emerging as a mainstream asset class that complements traditional bank lending, particularly for startups, MSMEs and mid-market businesses seek…