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New CAS may reduce ETF tracking error but poses challenges for arbitrage funds: Report

India's new Closing Auction Session (CAS) mechanism is expected to improve execution for exchange-traded funds (ETFs) by reducing tracking error, but it has also created unintended challenges for arbitrage fund investors due…

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Business August 6, 2026 · 1:43 pm

ESI Corporation Constitutes Three-Member Committee to Review Progress of ESIC Medical College, Noida

Noida (Uttar Pradesh) [India], August 6: The Employees' State Insurance (ESI) Corporation has constituted a three-member committee to review the progress and…

Business August 6, 2026 · 1:42 pm

Seven Greens Powers South Central Railway’s Green Transition with Major Rooftop Solar Expansion Across Secunderabad Division for South Central Railway

Secunderabad [India], August 6: Seven Greens Solar Systems Private Limited, a renewable energy solutions provider, has announced the inauguration and expansion of…

Business August 6, 2026 · 1:40 pm

India must become clean energy tech global producer: Union Minister Kumaraswamy

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Thursday asserted that the definition of energy security has undergone a fundamental…

Business August 6, 2026 · 1:38 pm

Chinese competition, slower EV adoption to keep India’s auto R&D spending under pressure: Kotak

"Automotive OEMs (Original Equipment Manufacturers) are prioritizing investments in existing platforms and models to counter increased competitive intensity from Chinese OEMs amid…

Business August 6, 2026 · 1:33 pm

LTM Collaborates with Chainguard to Strengthen Software Supply Chain Security through BlueVerse™ RightLogic

Mumbai (Maharashtra) [India], August 6: LTM, the Business Creativity partner to the world's largest enterprises, today announced a strategic collaboration with Chainguard,…

Business August 6, 2026 · 1:27 pm

Powering Simhastha 2028: Magellanic Cloud’s Provigil Wins ₹12.13 Crore Western Railway Deal

Hyderabad (Telangana) [India], August 6: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), today announced that its wholly owned subsidiary, Provigil Surveillance…