The Reserve Bank of India has imposed penalties on Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance, including KYC violations and lack of...

BofA Securities offloaded shares of five companies, including Grasim Industries and Manappuram Finance, for Rs 859 crore through open market transactions.

The Reserve Bank of India has asked NBFCs to stick to a cash payment limit of Rs 20,000 for gold loans, citing Income Tax laws. This move aims to enhance compliance and transition towards digital...

Asirvad Micro Finance, a subsidiary of Manappuram Finance, gets Sebi's approval for its initial public offering (IPO) to raise up to Rs 1,500 crore. The IPO will be a fresh issue of equity shares...

Manappuram Finance plans to raise up to USD 500 million through external commercial borrowings (ECBs) to support business growth.

Pakistan's finance and energy ministers are in Beijing to negotiate debt rescheduling for CPEC energy projects, amid concerns over China's reluctance and potential impact on IMF bailout.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.

India's government is expected to decide on a sugar MSP hike in the coming days, according to Union Food Secretary Sanjeev Chopra. The current MSP has remained unchanged since 2019, while...

Pakistan's finance and energy ministers are in Beijing to negotiate debt rescheduling for CPEC energy projects, amid concerns over China's reluctance and potential impact on IMF bailout.

Marina Harley-Davidson has opened its second dealership in Chennai, offering sales and service for premium Harley-Davidson motorcycles. The new facility is located in Velappanchavadi.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Himachal Pradesh will build a Rs 350 crore medical devices park with its own funds, rejecting central funding. The park will be built on 265 acres and will be a source of income for the state.

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...