India’s industrial production grows 4% in August, shows govt data

While the manufacturing sector recorded growth of 3.8 per cent in August, the electricity sector grew by 4.1 per cent, and the mining sector registered 6.0 per cent growth during the same period The Index of Industrial Production (IIP) growth rate in August stood at 4 per cent, against 3.5 per cent in July, driven…

Taking Stock| Sensex, Nifty off lows amid IT selloff; Infosys, Nifty IT at 8-month low

Infosys was the biggest drag on the Nifty 50, falling 3.7 percent on concerns over slowing US client spend. The Nifty IT Index dropped as much as 3.1 percent to its lowest level since July 2025, extending its year-to-date losses to about 16 percentIn a highly volatile session, benchmark indices Sensex and Nifty ended marginally…

Akasa Air has received growth capital from Azim Premji, Ranjan Pai, and 360 ONE Asset; the Jhunjhunwala family has deployed fresh funds.

The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset. The funds raised will fuel Akasa Air’s path to becoming one of the top 30 airlines in the world by the end of this decade,…