Shares of Indian IT companies such as Infosys Ltd., wipro, Tata Consultancy Services, Persistent Systems, Coforgeamong others, will be in focus on Wednesday, as their counterparts in the US markets fell vertically amid fears that AI was creating more competition for software makers, following software updates revealed by Anthropic-driven AI.
The Reserve Bank of India (RBI) has approved appointment of SBI MD Vinay Tonse as the new MD, CEO of Yes Bank for three years, according to an exchange notice.
The Reserve Bank of India (RBI) has renewed authorization for Vakrangee Ltd to set up, own and operate White Label ATMs (WLA) in India. The validity has been extended till March 31, 2027.
Indian Energy Exchange (IEX) achieved its highest-ever monthly electricity trading volume of 13,050 MU in January, surging 19.6% year-on-year. The exchange also traded 23.91 lakh Renewable Energy Certificates (RECs) during the month. Price Crash Amid Supply Surge: Abundant generation from hydro, wind, solar, and coal plants flooded the exchange with liquidity, driving down prices:- DAM Price: ₹3.86/unit (-12.9% YoY); and RTM Price: ₹3.72/unit (-15.9% YoY) Lower prices enabled Discoms and C&I consumers to procure competitively priced power, replacing costlier sources.
Varroca leading global Tier-1 automotive supplier, today announced a new business win with a leading global electric vehicle (EV) OEM for the supply of AC-bi-directional wall chargers for electric vehicles. This partnership marks an important milestone in Varroc’s continued expansion within the electric mobility ecosystem.
Yaan Enterprises Ltd has received a purchase order from State Agri Horticultural Development Co-operative Society Limited – Thiruvananthapuram – for the supply of yellow maize approx. value of Rs 7.30 crore.
Kinetic Engineering Ltd. (KEL) has crossed 600 electric vehicles in sales to date, reflecting growing acceptance of its EV offerings across early markets. Kinetic Watts and Volts Ltd., the electric mobility arm of Kinetic Engineering Ltd. Currently operates 7 Kinetic EV dealerships, with 8 additional outlets scheduled to open by the end of February, reinforcing its phased, market-by-market expansion strategy.
Bajaj Electricals has launched Bajaj Secura Wires, marking its entry into the wires segment. Introduced under the company’s Lighting Solutions business, the new range expands Bajaj Electricals’ footprint across allied electrical categories, addressing the growing demand for safe, reliable, and high-performance wiring solutions for residential applications. The demand outlook for wires continues to be robust therefore providing an attractive opportunity for a new trusted player in the electrical industry.
The board of Nazara Technologies has approved an investment in nCore Games, developers of the made-in-India franchise ‘FAU-G’, as well as a primary capital infusion of up to Rs 15 crore into Rusk Media, a mobile-first, IP-led entertainment platform for Gen-Z and Gen-A audiences. These investments underscore Nazara’s role in supporting the Indian gaming ecosystem.
Aqylon Nexus Ltd, formerly Sri Adhikari Brothers Television Networkshas executed a Memorandum of Understanding with MBuzz Technologies, Middle East, a global technology solutions provider and an Nvidia AI Factory Partner, to explore potential collaboration opportunities in the areas of Artificial Intelligence (AI) solutions and AI-ready hyper-scale data center infrastructure.
Published on February 4, 2026