PNI News - Press Network of India

The unchanged policy rate is a welcome signal of stability amid the ongoing macroeconomic uncertainty, but it is not enough to reignite the mass-market housing cycle. ANAROCK’s Q2 2026 data shows that total sales in the top seven cities fell 6% year-on-year to about 90,715 units, while affordable housing supply has fallen to just 6% of total launches even as overall new supply increased 7% year-on-year to about 1.06 lakh units. This mismatch is the main area of concern. Affordable housing demand remains very…

Dubai, UAE – NTT DATA, a global leader in AI, digital business and technology services, today announced NTT DATA AI for Insurance, an AI-native agentic solution that converts complex core insurance workflows into governed, repeatable services. Built for highly regulated insurance environments, the Service-as-Software solution combines configurable AI agents, insurance-specific data models, workflow orchestration and enterprise-grade governance to maintain auditability, regulatory guardrails and human oversight. NTT DATA…

MUMBAI: Master Trust Limited, a diversified financial services company offering broking, lending, wealth management, portfolio management, and investment solutions through a strong digital platform, has reported its Unaudited Financial Results for Q1 FY27. Key Financial Highlights Key Financial Highlights Q1 FY27: Total Income of Rs 1,497.9 Mn, YoY growth of 13.8% ; EBITDA of Rs 618.3 Mn, YoY growth of 19.3% ; EBITDA Margin of 41.3%, YoY expansion of 190 bps ; PAT of Rs 346.5 Mn, YoY growth of 27.8% ; PAT Margin of…

Mumbai : Jainam, an end-to-end financial services company, has launched its first brand campaign under its transformed brand identity, titled ‘Kal Jaante Hain, Kal Banaate Hain’. The two-film campaign explores the everyday experience of participating in financial markets, where investors and traders encounter multiple voices, signals, opinions and directions. Rooted in slice-of-life situations and everyday conversations such as from discussions at chai tapris and during daily commutes to conversations in offices and…

Mumbai : Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy engineering company, has secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs. Deliveries for the order are scheduled to commence in early 2028. The contract follows an extensive competitive evaluation of leading global shipyards. The high-specification vessels will be constructed to Bureau Veritas class. Co-developed by naval architects Robert Allan Ltd. and…

New Delhi : Netflix Co-CEO Ted Sarandos met Hon'ble Prime Minister Shri Narendra Modi to discuss the expanding global influence of Indian storytelling and reaffirm Netflix's long-term commitment to India's creative economy. Building on more than a decade of partnership with India's creative community, in which it has created 200+ Originals and filmed in 100+ locations across India, the company announced the ‘Netflix India Storytelling Initiative’. This is a multi-phase investment in India's creative talent pipeline and…

Kolkata: A septuagenarian whose Stage IV lung cancer had spread extensively to her bones, causing fractures in both upper arms, has regained an independent life and achieved PET CT confirmed-completed metabolic response following third generation targeted therapy at HCG Cancer Hospital, Kolkata. The case, highlighted around World Lung Cancer Day observed on August 1, underscores the role of molecular testing in identifying mutation-guided treatment options even when cancer has spread extensively. Cancer was a chance…