Reliance Industries, GE To Drive Digital Transformation In Industrial Space

MUMBAI: Reliance Industries Limited (RIL) and US global conglomerate GE on Thursday announced a global partnership in the Industrial Internet of Things (IIoT) space to boost digital transformation. RIL and GE will work together to build joint applications on GE’s Predix platform — a move that will provide Industrial IOT solutions to customers in oil and gas,…

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Banking push: FinMin asks PSBs to boost MSME, farm credit; focus on deposits, asset quality and AI-led innovation

The finance ministry has directed public sector banks (PSBs) to ramp up lending to micro, small and medium enterprises (MSMEs) and the agriculture sector while maintaining healthy growth in low-cost deposits and ensuring strong risk management, according to an official statement issued on Wednesday.Chairing a performance review meeting with bank chiefs, Department of Financial Services…

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Shutdown strain: Small US businesses reel under halted contracts; firms weigh layoffs as Congress moves to end deadlock

Small businesses across the United States that rely on federal contracts and funding are facing a severe cash crunch as the country’s longest-ever government shutdown stretches into its seventh week, forcing owners to cut costs, delay payments, and even consider layoffs, according to AP report.Lawmakers are returning to Washington to vote on a stopgap funding…

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Infosys share buyback: Company set for its biggest Rs 18,000 crore offer ever; what to know before Nov 14 record date

Infosys, India’s second-largest IT services company, is gearing up for its biggest-ever share buyback worth Rs 18,000 crore, with November 14, 2025, set as the record date to determine eligible shareholders, according to an ET report.The Bengaluru-headquartered company will repurchase 10 crore equity shares, representing 2.41% of its paid-up capital, at Rs 1,800 per share…

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