Canara Bank proposes to raise up to Rs 4,000 crore through Basel III compliant Tier II Bonds with a tenor of 10 years and a 5-year call option.

Jaiprakash Associates Ltd has transferred its outstanding loans to National Asset Reconstruction Company Ltd (NARCL) as part of its insolvency process. The consortium of lenders includes SBI, ICICI...

IL&FS Group has initiated an interim payout of Rs 5,000 crore to eligible creditors, bringing the total debt discharged to Rs 43,000 crore. The payout includes InvIT units and cash, and is...

Indian public sector banks (PSBs) have posted a record Rs 1.29 lakh crore profit in April-December 2022, driven by improved asset quality, strong credit growth, and adequate capital buffers.

The Indian government has appointed L V Prabhakar, former Canara Bank CEO, as a part-time member of the Insolvency and Bankruptcy Board of India (IBBI).

Sebi mandates credit rating agencies to verify risk-return metrics of investment advisers, research analysts, and algo trading providers. The move aims to ensure transparency and accuracy of...

India is working to become a credible and competitive shipbuilding hub by 2047, with plans for port infrastructure expansion, ease of doing business, and green initiatives.

BFSI firms leased a record 135 lakh sq ft office space in 2024, led by foreign entities, surpassing previous leasing activity, according to JLL India.

India's tech startups raised $2.5 billion in Q1 2025, marking a significant increase from the previous quarter and solidifying its position as the third most-funded country globally. Read about the...

L''T and John Cockerill sign MoU to explore CSP and TES technologies for green power solutions in India.

Aquaconnect, a seafood firm, announces a USD 4.5 million investment in aquaculture biological research and production, aiming to develop innovative formulations and drive growth in the sector.

Sebi mandates credit rating agencies to verify risk-return metrics of investment advisers, research analysts, and algo trading providers. The move aims to ensure transparency and accuracy of...

India is working to become a credible and competitive shipbuilding hub by 2047, with plans for port infrastructure expansion, ease of doing business, and green initiatives.

BFSI firms leased a record 135 lakh sq ft office space in 2024, led by foreign entities, surpassing previous leasing activity, according to JLL India.

Acer India joins other companies offering menstrual leave, providing female employees one paid day off per month to prioritize health. This move aligns with their focus on gender inclusivity and...