Indian Overseas Bank (IOB) is selling Rs 11,500 crore of non-performing assets (NPAs) to asset reconstruction companies (ARCs). The sale will be conducted through an e-auction on a portfolio basis.

Nuvoco Vistas Corp. has won the bid for Vadraj Cement, currently undergoing insolvency. The deal will increase Nuvoco's cement production capacity to 31 MMTPA and solidify its position as the...

Partha Pratim Sengupta has assumed charge as the new MD & CEO of Bandhan Bank, replacing Ratan Kumar Kesh, who served as interim CEO. Sengupta's appointment was approved by the RBI and he joins...

Finance Minister Nirmala Sitharaman has approved the creation of Chief General Manager (CGM) posts in five public sector banks, including Bank of Maharashtra, Central Bank of India, and UCO Bank....

Indian Overseas Bank launches 'Mahila Shaksham' scheme to empower women entrepreneurs, offering financial assistance and support to women self-help group members under the Deendayal Antyodaya Yojana.

India's auto industry saw a 12% rise in dispatches in 2024, driven by positive consumer sentiment and robust demand for two-wheelers, according to SIAM. Passenger vehicles and three-wheelers also...

CEAT and Hindustan Unilever's facilities join the World Economic Forum's Global Lighthouse Network, recognizing their innovative manufacturing transformation using AI and digital technologies.

Manish Gupta, a veteran in the steel industry, assumes the role of Director, Technical Projects and Raw Materials at SAIL. He brings over three decades of experience to the position.

CREDAI-MCHI's property expo in Mumbai offers women homebuyers an extra Rs 2 lakh discount on top of builder offers. The expo features over 100 developers showcasing 500+ projects.

Average housing prices in Pune reached a record high of Rs 6,590 per square foot in 2024, up 11% year-on-year, according to a report by Gera Developments. Despite rising prices, sales declined,...

India's auto industry saw a 12% rise in dispatches in 2024, driven by positive consumer sentiment and robust demand for two-wheelers, according to SIAM. Passenger vehicles and three-wheelers also...

CEAT and Hindustan Unilever's facilities join the World Economic Forum's Global Lighthouse Network, recognizing their innovative manufacturing transformation using AI and digital technologies.

Manish Gupta, a veteran in the steel industry, assumes the role of Director, Technical Projects and Raw Materials at SAIL. He brings over three decades of experience to the position.

CREDAI-MCHI's property expo in Mumbai offers women homebuyers an extra Rs 2 lakh discount on top of builder offers. The expo features over 100 developers showcasing 500+ projects.

Average housing prices in Pune reached a record high of Rs 6,590 per square foot in 2024, up 11% year-on-year, according to a report by Gera Developments. Despite rising prices, sales declined,...