Sumitomo Mitsui Banking Corporation and BNP Paribas have opened branches in the GIFT-IFSC, expanding their operations in India. The branches will focus on foreign currency lending and attracting...

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Fairfax Group divested a 9.7% stake in CSB Bank for Rs 595 crore through an open market transaction, reducing its shareholding to 40%.

Allied Blenders and Distillers' IPO, maker of Officer's Choice Whisky, was oversubscribed 23.49 times on the final day of bidding. The IPO raised Rs 1,500 crore and received strong demand from...

Sharda Motor Industries promoter Mala Relan sold 25 lakh shares, representing 8.4% stake in the company, for Rs 499 crore through an open market transaction. The shares were disposed of at an...

Indian benchmark stock indices Sensex and Nifty closed at record highs for the third consecutive day, driven by buying in FMCG, telecom, and select IT shares.

The Indian rupee strengthened against the US dollar on Tuesday, supported by firm domestic markets and foreign capital inflows. Crude oil prices declined, also aiding the rupee.

Cummins India has launched its first IT Global Competency Centre (GCC) in Pune, India. The centre will drive innovation across global operations through specialised talent and technical...

India's telecom ministry will create actionable plans with timelines to address issues raised by industry players, including Reliance Jio, Airtel, and Vodafone Idea.

Indian Hotels Company (IHCL) has signed an agreement for a 200-key Ginger hotel in Thane, Maharashtra, expanding its presence in key urban centers in India.

Indian benchmark stock indices Sensex and Nifty closed at record highs for the third consecutive day, driven by buying in FMCG, telecom, and select IT shares.

The Indian rupee strengthened against the US dollar on Tuesday, supported by firm domestic markets and foreign capital inflows. Crude oil prices declined, also aiding the rupee.

Cummins India has launched its first IT Global Competency Centre (GCC) in Pune, India. The centre will drive innovation across global operations through specialised talent and technical...

India's telecom ministry will create actionable plans with timelines to address issues raised by industry players, including Reliance Jio, Airtel, and Vodafone Idea.

Tariff hikes by major telcos will push average revenue per user (ARPU) to Rs 225 in FY26, leading to improved profitability and lower capex, says Crisil.