City Union Bank expects significant growth in insurance income this year, driven by new partnerships and a strong digital lending strategy. The bank also achieved record business and profit levels,...

City Union Bank reported a 17% increase in its net profit for the January-March 2024 quarter, driven by improved recovery from slippages. The bank's total income also saw a significant rise.

Mahindra Finance has appointed Mahesh Rajaraman as its new Chief Risk Officer, effective August 1, 2024. Rajaraman brings 29 years of experience in the banking sector, replacing Mallika Mittal who...

The Reserve Bank of India (RBI) has imposed penalties totalling almost Rs 3 crore on State Bank of India, Canara Bank, and City Union Bank for violating regulatory norms.

IHMCL has removed Paytm Payments Bank from the list of authorized FASTag issuers due to regulatory concerns. Find out which banks are still authorized to issue FASTags.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...