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.

Union Bank of India's net profit for Q3 FY25 jumped 28% to Rs 4,604 crore, driven by improved core income and asset quality. Gross NPAs declined to 3.8%.

Avaada Group secures Rs 8,500 crore in financing for 9 renewable energy projects, including solar, agri-PV, and green hydrogen initiatives. The funding comes from leading banks and financial...

Brigade Enterprises launches 'Brigade Altius,' a 1.4 million sq ft residential project in Chennai, featuring 3 towers, 50,000 sq ft amenities, and a revenue potential of Rs 1,700 crore.

Amitava Mukherjee has been appointed as the new Chairman and Managing Director of NMDC, the state-owned iron ore miner. Mukherjee, a senior IRAS officer, has been instrumental in NMDC's growth and...

Indore Mayor mandates entertainment tax payment before approving Honey Singh's concert, citing revenue loss due to previous event tax evasion.

NCLAT has issued a notice to Adani Group entity Ambuja Cements over a plea by Alok Sanghi, former promoter of Sanghi Industries. The plea pertains to a personal guarantee of Rs 84 crore.

Hyundai's retail sales fell 20% in February, dropping to 4th place behind Maruti Suzuki, Mahindra & Mahindra, and Tata Motors, according to FADA data.

Brigade Enterprises launches 'Brigade Altius,' a 1.4 million sq ft residential project in Chennai, featuring 3 towers, 50,000 sq ft amenities, and a revenue potential of Rs 1,700 crore.

Amitava Mukherjee has been appointed as the new Chairman and Managing Director of NMDC, the state-owned iron ore miner. Mukherjee, a senior IRAS officer, has been instrumental in NMDC's growth and...

Nepal's National Assembly approves five ordinances, including those related to good governance, financial procedure, and privatization, despite opposition over a land-related bill.

Indore Mayor mandates entertainment tax payment before approving Honey Singh's concert, citing revenue loss due to previous event tax evasion.

NCLAT has issued a notice to Adani Group entity Ambuja Cements over a plea by Alok Sanghi, former promoter of Sanghi Industries. The plea pertains to a personal guarantee of Rs 84 crore.