Sumeet Shrivastava, a George Mason MBA graduate and longtime federal IT executive, has been elected rector of the university's Board of Visitors, taking the top leadership post on the governing board of one of Virginia's largest public universities.
Indian green energy, electric mobility and renewable energy stocks showed mixed performance on August 5, 2026, with Kabra Extrusion and commercial EV maker Olectra Greentech posting strong gains even as several power and solar-related counters declined amid a broadly stable trading session.
PB Fintech, the parent company of PolicyBazaar and Paisabazaar, reported a 92% year-on-year jump in consolidated net profit to ₹163 crore in Q1 FY27, driven by a 41% surge in total insurance premium and accelerating growth in its core protection insurance business.
Listed startup data platform Tracxn Technologies posted a widened net loss of ₹3.01 crore in Q1 FY27 on nearly flat revenue of ₹21.08 crore, as increased spending on go-to-market capabilities and data infrastructure outpaced top-line growth even as deferred revenue hit record highs.
Delhi NCR-based pain care startup Zanskar is in talks to raise about $6 Mn in a fresh funding round led by Bessemer Venture Partners, according to sources, underscoring continued investor interest in India's technology-led chronic pain management sector.
Hyderabad-based space-tech startup Skyroot Aerospace has invited investors to submit competing bids for a fresh funding round targeting a $2 Bn valuation, roughly 80% higher than the $1.1 Bn mark it reached in May, as GIC, Temasek and 360 One Asset evaluate participation.
Reliance Retail Ventures has acquired the AI Styling Engine and commerce app of Furrl, a Bengaluru-based fashion discovery platform founded by Esha Tiwary, folding the four-year-old startup's personalisation technology into its broader AI push.
The fifth edition of the NRI Achievers Awards concluded at The St. Regis Singapore on July 31, recognizing diaspora leaders across business, technology, healthcare and research from more than a dozen countries, including four Singapore-based honorees.
Chennai's The ePlane Company has signed five partnerships at Farnborough Airshow 2026 covering wiring, fasteners, avionics, composites and interiors for its e200X eVTOL.
RBI data shows bank lending to India's software, IT services and digital infrastructure sector rose 49% YoY to ₹53,859 crore by June 2026, nearly doubling in two years.