Hindustan Zinc signs a six-year contract
Hindustan Zinc will move zinc and lead concentrate from Rampura Agucha to its Rajasthan smelters on 30 electric trucks under a six-year contract with MFL India, which also builds the charging infrastructure.
Bizmudra Desk
Zuno's blended fuel add-on covers only cars registered after April 2023
Fuel Guard covers specified engine and fuel-system parts against damage caused directly by manufacturer-approved blended fuel. Eligibility starts at cars registered on or after 1 April 2023, which excludes the older cars owners have been asking about.
Alternative fuels overtake petrol in India's passenger vehicle market, but CNG did the work
CNG, hybrid and electric vehicles together took 41.95 percent of passenger vehicle retails in August against petrol's 40.85 percent. CNG accounted for most of it, and electric share fell over the month.
Tech Mahindra's PeaceHealth win is an IT outsourcing deal the client announced six weeks ago
Tech Mahindra's PeaceHealth partnership is an IT outsourcing contract the US health system disclosed to its own staff six weeks earlier, along with job losses from November.
Two security vendors put OpenAI's cyber models into exploit prioritisation in two days
SentinelOne and Sophos have both put OpenAI's cyber models into exposure prioritisation services within two days. Neither product is generally available and neither company disclosed pricing.
BondsIndia rebrands as Digifinn
BondsIndia has renamed itself Digifinn and plans a presence in more than 50 cities in five years. It did not say whether its new backer has taken equity.
UST buys majority stake in Audi's Italdesign
UST has bought a majority stake in the Italian design house Italdesign from Audi. Neither party disclosed the consideration, the size of the stake or what Audi retains.
Indian satellite analytics firm opens free flood assessment platform for Nepal
A New Delhi space-data firm has opened a free platform mapping flood damage across Nepal's affected districts, covering buildings, bridges, roads and barrier lake formation.
India led Asia-Pacific fintech investment, on the strength of one Bengaluru round
India drew USD 2 billion of fintech investment in the first half, the largest share in Asia-Pacific. Cred's round alone is 45 percent of that, and deal count was flat.
Anaplan opens its largest global office in Gurugram
Anaplan has opened a 42,000 square foot Gurugram office, now its largest worldwide and its first customer experience centre in Asia-Pacific. The investment figure was not disclosed.
Axis Mutual Fund opens NFO for a Nifty500 low volatility index fund
Axis Mutual Fund has opened a new fund offer tracking the Nifty500 Low Volatility 50 index. The expense ratio, minimum investment and fund manager were not disclosed.
Hyundai Motor India targets 20 per cent women in its executive workforce by 2030
Hyundai Motor India wants women in one in five executive roles by 2030, from just over 8 percent today. On current headcount that implies roughly 480 more women in four years.
Vedanta puts INR 21,000 crore of FY26 metals spending under an EV heading
Vedanta has framed more than INR 21,000 crore of FY26 metals spending as support for India's electric vehicle chain. The figure aggregates existing projects, and two metals cited saw output fall.
Gestamp invests INR 523.7 crore in a Gujarat plant as global vehicle output slows
The Spanish auto components maker has inaugurated its fifth Indian plant at Bhagapura in Gujarat, with two hot-stamping lines and about 240 employees, while cutting capital spending elsewhere.
India’s data centre pipeline is 2.7 times its operating capacity, the highest among emerging markets
S&P Global Ratings finds emerging markets hold 35 percent of global data centre capacity, with India’s development pipeline the largest relative to what it already runs.
Creating Classrooms Where Every Child Belongs - Book Launch
Revathi Srinivasan, director education and principal, Smt. Sulochanadevi Singhania School publishes her book, Creating Classrooms Where Every Child Belongs with Raymond Group chairman and managing director Gautam Hari Singhania at the launch
Two IPOs open this week with 83 percent of the money going to the companies
Steamhouse India and Manika Plastech open within three days of each other. Between them, INR 445 crore of the INR 540 crore sought is fresh issue, an unusual split for a September window.