Jaiprakash Associates Ltd has transferred its outstanding loans to National Asset Reconstruction Company Ltd (NARCL) as part of its insolvency process. The consortium of lenders includes SBI, ICICI...

Fitch Ratings affirms Union Bank of India and Punjab National Bank ratings at 'BBB-' with stable outlook, citing government support, improved risk profile and asset quality.

Bombay High Court criticizes banks for issuing 'cut, copy, paste' fraud orders without due process, asking Anil Ambani to file complaint with RBI.

Indian public sector banks (PSBs) have posted a record Rs 1.29 lakh crore profit in April-December 2022, driven by improved asset quality, strong credit growth, and adequate capital buffers.

Union Bank of India plans to raise Rs 20,000 crore through long-term bonds to finance infrastructure and affordable housing projects. The bank also plans to issue green/sustainable bonds.

Rosmerta Digital Services Ltd has filed for insolvency proceedings against Ola Electric Technologies Pvt Ltd, alleging default in payment for services rendered. Ola Electric disputes the claims and...

The Bureau of Indian Standards (BIS) has conducted raids on Amazon and Flipkart warehouses, seizing thousands of uncertified products, including toys, appliances, and more. This comes after...

India's electronics industry is set to become the world's largest manufacturing sector, with Tamil Nadu leading the charge. MeitY Secretary S Krishnan highlighted the state's electronics...

Union Minister Piyush Goyal handed over keys of new homes to 91 slum dwellers displaced by a road project in Borivali West, Mumbai. The minister emphasized fair treatment and rehabilitation for all...

Angel One appoints Rohit Chatter as Chief Data Officer, strengthening its AI-driven innovation and customer-centric financial solutions. Chatter brings expertise from Walmart Global Tech to lead...

Rosmerta Digital Services Ltd has filed for insolvency proceedings against Ola Electric Technologies Pvt Ltd, alleging default in payment for services rendered. Ola Electric disputes the claims and...

The Jammu and Kashmir Assembly has approved over Rs 7,019 crore for five key departments, including mining, industries, public works, labour, and skill development. The grants aim to boost...

Jammu & Kashmir has received over 8,500 applications with investment proposals worth over Rs 1.69 lakh crore and employment proposals for over 6 lakh jobs, according to Deputy Chief...

The Bureau of Indian Standards (BIS) has conducted raids on Amazon and Flipkart warehouses, seizing thousands of uncertified products, including toys, appliances, and more. This comes after...

India's electronics industry is set to become the world's largest manufacturing sector, with Tamil Nadu leading the charge. MeitY Secretary S Krishnan highlighted the state's electronics...