‘MDR to boost UPI use in cross border payments’: JP Morgan Global Payments co-head

Tata Consultancy Services launched a new lab in Pune. This facility is India’s first lights-out factory lab for AI. It will help manufacturers prototype and validate AI-first production systems. The lab demonstrates how self-optimising factories automate workflows.

Dalmia Bharat Refractories sold 2.29 crore RHI Magnesita India shares, or 11.11% of equity, through a Rs 826 crore block deal at Rs 360 apiece. SBI Mutual Fund led purchases, while RHI Magnesita shares gained 3.04% to Rs 379.20.

Bharat Heavy Electricals Limited has partnered with Norway’s Hystar AS for manufacturing electrolyser systems. This collaboration will support India’s growing green hydrogen projects and initiatives. BHEL also previously tied up with thyssenkrupp nucera for alkaline electrolyser systems. These strategic alliances enhance BHEL’s capabilities in offering diverse electrolyser solutions.