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Sanjay Malhotra, the chief of India's Reserve Bank, is on a mission to enhance global access to digital platforms that serve the public good. He brought attention to MOSIP, India's innovative open-source digital identity solution, gaining traction in 27 countries. The RBI is also integrating India's UPI with payment systems from various nations to streamline cross-border remittances.
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News and Media
Stock broker Groww on Thursday rolled out commodities trading on its platform, as it continues diversifying its wealth and capital markets offerings.
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LTIMindtree reported a 12% year-on-year jump in consolidated Q2 net profit to Rs 1,401 crore, with revenue rising 10% to Rs 10,394 crore. The IT firm also declared a Rs 22 per share dividend.
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Global Vectra shares surged 20% to Rs 243.14 on the NSE, marking a third consecutive session of gains and a 31% rally over this period. The rise followed ace investor Vijay Kedia increasing his stake, while the stock remains volatile but continues to trade above key moving averages.
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Ola Electric shares hit a 5% upper circuit after the company announced its entry into the energy storage market with Ola Shakti, a residential battery energy storage system. The innovation, built on indigenous 4680 Bharat Cells, marks Olas expansion beyond EVs into clean energy, targeting homes and small businesses.
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News and Media
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