Sebi has issued an administrative warning to IIFL Capital Services regarding due diligence in debt issues handled by its merchant banking division. The regulator flagged concerns relating to...

Adani Group pledges Rs 2,000 crore to establish 20 schools across India in partnership with GEMS Education, aiming to provide affordable quality education.

India's Ministry of Finance confirms due diligence is underway for qualified bidders interested in acquiring a stake in IDBI Bank, currently undergoing privatization.

JSW Defence signs MoU with Telangana to set up a Rs 800 crore UAV manufacturing plant, partnering with a US-based defence tech company. The facility aims to bolster India's defense technology.

JSW UAV Ltd. has signed an MoU with the Telangana government to establish a state-of-the-art Unmanned Aerial Systems manufacturing facility in the state. The project is expected to generate over...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Mercedes-Benz India expands its luxury portfolio with the launch of the Mercedes-Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom). The car is expected to be delivered early next...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

Zomato faces an insolvency plea before the NCLT due to unpaid dues from an apparel supplier, Nona Lifestyle. The NCLT has adjourned the matter to April.

Haryana government announces purchase of 1025 new buses including electric, AC, and non-AC, with plans for modern bus depots and free travel for 'Divyang' citizens.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...