by Hansraj Agrawal | Jun 4, 2026 | Share Market
Last Updated : Jun 04 2026 | 3:04 PM IST
To strengthen enterprise-ready AI talent
Persistent Systems collaborated on an AI engineering talent initiative with Databricks and the Milwaukee School of Engineering (MSOE) to help strengthen the next generation of enterprise-ready AI talent.
Developed in collaboration with the MSOE AI Club, Persistent anchored a Databricks-powered AI Hackathon to scale AI delivery capabilities through deeper collaboration across academia, technology ecosystems and industry practitioners. The program provided students with the opportunity to work with AI professionals, bridging the gap between academic AI learning and real-world implementation.
Using the Databricks Data Intelligence Platform and supported by the Databricks University Alliance, the initiative gave students hands-on exposure to advanced data and AI engineering environments used in modern analytics, Generative AI and operational AI deployments. It also emphasized on operational scalability, governance, reliability and engineering discipline. Participants worked across the AI lifecycle using technologies including Delta Lake, Unity Catalog, Agent Bricks, and Databricks Workflows, gaining practical experience in scalable AI pipelines, governed data environments, AI orchestration and production-ready AI architectures.
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First Published: Jun 04 2026 | 3:04 PM IST
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by Hansraj Agrawal | Jun 4, 2026 | Share Market
Angel One announced the appointment of Ajit Narayanan as its Chief Technology Officer (CTO).
Ajit brings over 25 years of experience in building and scaling large, technology led businesses across consumer internet, e-commerce, digital healthcare and enterprise platforms. He has deep expertise in platform engineering, artificial intelligence, cloud native architectures, and data-led transformation at scale.
In his role, Ajit will lead Angel One’s engineering function, shaping platform architecture, performance, and scalability while driving high-velocity execution across teams. He will focus on strengthening Angel One’s core technology foundations, wiring AI-led intelligence into critical systems, and building resilient, high-performance platforms to support the company’s next phase of growth.
Further, Ravish Sinha, Group Chief Product and Technology Officer, will transition from his current role into an individual technologist role in the office of the Group CEO.
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by Hansraj Agrawal | Jun 4, 2026 | Share Market
Last Updated : Jun 04 2026 | 1:04 PM IST
Prime Minister Narendra Modi will visit Gujarat and Daman on 5th June, Friday and inaugurate cum lay the foundation stone of various development projects worth around Rs 22,000 crore. Also, he will visit Hazira in Surat district and review ongoing industrial operations and infrastructure projects.This includes the inauguration of a 200-bedded ESIC Hospital in Surat and a new terminal building of NAMO Airport in Daman.
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First Published: Jun 04 2026 | 1:04 PM IST
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by Hansraj Agrawal | Jun 4, 2026 | Share Market
Last Updated : Jun 04 2026 | 12:04 PM IST
Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, strengthen the rural economy through ethanol demand, and advance low-carbon mobility, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said recently. India has one of the world’s largest two-wheeler ecosystems with an active two-wheeler fleet of over 300 million vehicles. The flex-fuel technology has the potential to transform mobility at an unprecedented scale.
The ethanol blending program of Government of India, since ESY 2014-15 has saved India ₹1.84 lakh crore in foreign exchange, resulted in 302 lakh metric tonnes crude oil substitution and 909 lakh metric tonnes reduction in CO₂ emissions. The significant output is that the program has added Rs 1.58 lakh crore earnings to farmers turning our Annadatas to Urjadatas.
The Minister said that even 1% adoption of annual petrol vehicle sales in India during ESY 2026-27 would generate a demand for 4 crore litres of ethanol in which payments of about Rs 266 crore will be made to distilleries and save us Rs 195 crore in foreign exchange. This would lead to reduction of approximately 0.28 lakh metric tonnes of crude oil imports, and a net CO₂ reduction of nearly 0.86 lakh metric tonnes.
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First Published: Jun 04 2026 | 12:04 PM IST
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by Hansraj Agrawal | Jun 4, 2026 | Share Market
SBI Life Insurance Company Ltd registered volume of 6.28 lakh shares by 10:46 IST on BSE, a 13.55 fold spurt over two-week average daily volume of 46340 shares
JBM Auto Ltd, Bharti Hexacom Ltd, Voltas Ltd, Schneider Electric Infrastructure Ltd are among the other stocks to see a surge in volumes on BSE today, 04 June 2026.
SBI Life Insurance Company Ltd registered volume of 6.28 lakh shares by 10:46 IST on BSE, a 13.55 fold spurt over two-week average daily volume of 46340 shares. The stock slipped 0.74% to Rs.1,770.00. Volumes stood at 27481 shares in the last session.
JBM Auto Ltd notched up volume of 7.81 lakh shares by 10:46 IST on BSE, a 11.03 fold spurt over two-week average daily volume of 70838 shares. The stock rose 6.38% to Rs.710.75. Volumes stood at 1.06 lakh shares in the last session.
Bharti Hexacom Ltd saw volume of 31607 shares by 10:46 IST on BSE, a 7.13 fold spurt over two-week average daily volume of 4433 shares. The stock dropped 1.11% to Rs.1,480.00. Volumes stood at 2186 shares in the last session.
Voltas Ltd saw volume of 2.82 lakh shares by 10:46 IST on BSE, a 6.65 fold spurt over two-week average daily volume of 42347 shares. The stock increased 4.85% to Rs.1,295.10. Volumes stood at 30502 shares in the last session.
Schneider Electric Infrastructure Ltd witnessed volume of 1.19 lakh shares by 10:46 IST on BSE, a 5.61 times surge over two-week average daily volume of 21287 shares. The stock dropped 0.27% to Rs.1,119.90. Volumes stood at 2923 shares in the last session.
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by Hansraj Agrawal | Jun 4, 2026 | Share Market
Last Updated : Jun 04 2026 | 10:04 AM IST
IIFL Finance approved the pricing, tenure and other terms of the fixed rate, senior, secured notes to be issued by the Company under Regulation S and/or Rule 144A of the U.S. Securities Act 1933 as part of the USD 1,000,000,000 Global Medium Term Note Programme updated by the Company.
Type of Instrument – Fixed rate, senior, secured notes (Notes)
Size of the Issue – USD 500,000,000
Tenure – 3.25 years
Date of allotment – 10 June 2026
Coupon – 7.60% per annum payable semi annually
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First Published: Jun 04 2026 | 10:04 AM IST
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