Sebi finds Anil Ambani behind fund diversion at RHFL, alleging management defied board diktat on lending practices and approved loans to unworthy creditors.

The Competition Commission of India (CCI) has approved Warburg Pincus's acquisition of Shriram Housing Finance for Rs 4,630 crore. The deal will see Warburg Pincus acquire Shriram Finance's housing...

Finnish mobile company HMD will manufacture its new smartphone range in India and export them internationally. The company aims to leverage India's competitive manufacturing landscape and tap into...

Shriram Finance shares climbed over 5% after announcing the sale of its housing finance arm to Warburg Pincus for Rs 4,630 crore. The deal will allow Shriram to focus on vehicle finance and small...

Shriram Finance has sold its housing finance arm, Shriram Housing Finance, to Warburg Pincus for Rs 4,630 crore. The deal is expected to be completed by March 2025.

SBI plans to open 600 branches in FY25, targeting emerging areas. The bank aims to reach 50 crore customers and become the most valued bank for all stakeholders.

Coal India Ltd (CIL) is exploring monetization of four old washeries through asset leases bundled with long-term coal supply agreements. This move aims to optimize asset utilization and diversify...

Adani Group merges two subsidiaries with Adani New Industries Ltd (ANIL), boosting its green hydrogen and wind turbine manufacturing operations. ANIL, a subsidiary of Adani Enterprises Ltd, is...

BP's exclusivity with Reliance Industries has ended but the energy giant will continue to pursue oil and gas ventures with the Mukesh Ambani firm in India.

The Bombay Stock Exchange Brokers' Forum (BBF) has appointed Anup Gupta as its new chairman, succeeding Kishor Kansagra. Gupta brings extensive financial expertise to the role.

SBI plans to open 600 branches in FY25, targeting emerging areas. The bank aims to reach 50 crore customers and become the most valued bank for all stakeholders.

Air Kerala, a startup carrier, has appointed C S Randhawa as VP for operations and Ashutosh Vashishth as VP for security. The appointments come as Air Kerala prepares for its launch early next year.

Coal India Ltd (CIL) is exploring monetization of four old washeries through asset leases bundled with long-term coal supply agreements. This move aims to optimize asset utilization and diversify...

WJ Towell & Co has increased its claim against Blue Star in ongoing arbitration proceedings at the International Chamber of Commerce to Rs 461.74 crore. The claim, which was initially Rs 223.6...

Adani Group merges two subsidiaries with Adani New Industries Ltd (ANIL), boosting its green hydrogen and wind turbine manufacturing operations. ANIL, a subsidiary of Adani Enterprises Ltd, is...