McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

GST authorities conducted searches at three offices of RBL Bank in Maharashtra. The bank is cooperating fully with the authorities. RBL Bank shares closed down 0.29% on Tuesday.

The Reserve Bank of India has imposed a Rs 1 lakh penalty on Magadh Central Co-operative Bank for failing to comply with KYC guidelines. The bank did not conduct periodic reviews of customer risk...

RBI has re-appointed R Subramaniakumar as MD & CEO of RBL Bank for three years, extending his tenure until June 2028. The bank will seek shareholder approval for the reappointment.

RBL Bank's net profit plummeted in Q3 due to loan reversals in the microfinance portfolio. The bank's net interest margin also declined, and slippages on the MFI book zoomed.

India's government introduces weekly wheat stock reporting for traders, wholesalers, and retailers, effective April 1, to curb market speculation and ensure food security.

DLF has acquired a 49.99% stake in DLF Urban from GIC arm Reco Greens for Rs 497 crore, making it a wholly-owned subsidiary. The deal marks DLF's full ownership of the luxury housing project...

India's Income Tax department has expanded safe harbour rules, including lithium-ion batteries for electric vehicles in core auto components. The threshold for availing safe harbour has also been...

Karnataka's Minister for Large and Medium Industries, M B Patil, has announced plans to increase the state's industrial exports to USD 100 billion annually. The government is focusing on promoting...

The Department of Telecom has rejected Trai's recommendations on passive infrastructure sharing by service providers backed by public funds, raising concerns about the feasibility of the proposal.

India's government introduces weekly wheat stock reporting for traders, wholesalers, and retailers, effective April 1, to curb market speculation and ensure food security.

DLF has acquired a 49.99% stake in DLF Urban from GIC arm Reco Greens for Rs 497 crore, making it a wholly-owned subsidiary. The deal marks DLF's full ownership of the luxury housing project...

India's Income Tax department has expanded safe harbour rules, including lithium-ion batteries for electric vehicles in core auto components. The threshold for availing safe harbour has also been...

Karnataka's Minister for Large and Medium Industries, M B Patil, has announced plans to increase the state's industrial exports to USD 100 billion annually. The government is focusing on promoting...

The Department of Telecom has rejected Trai's recommendations on passive infrastructure sharing by service providers backed by public funds, raising concerns about the feasibility of the proposal.