Leo Puri, a veteran financial leader, has been appointed Chairman of Fortis Healthcare. He will guide the company's strategic direction and operations.

Canara Bank aims to recover Rs 6,000 crore from bad loans in H2 FY25, with Rs 3,000 crore expected in each of the third and fourth quarters. The bank also plans to launch an IPO for Canara Robeco...

UTI Asset Management Company reported a 31% jump in Q2 profit to Rs 239 crore, driven by strong revenue growth. The company's AUM reached Rs 20.16 lakh crore, highlighting the robust Indian mutual...

UTI Asset Management Company (UTI AMC) reported a 9% rise in Q1 FY25 profit to Rs 254 crore, driven by strong revenue growth. AUM stood at Rs 19.36 lakh crore.

UTI Asset Management Company (AMC) reported a significant jump in profit after tax to Rs 186 crore in the December quarter, driven by increased revenue and expanding financialization of savings.

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Mercedes-Benz India expands its luxury portfolio with the launch of the Mercedes-Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom). The car is expected to be delivered early next...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

Zomato faces an insolvency plea before the NCLT due to unpaid dues from an apparel supplier, Nona Lifestyle. The NCLT has adjourned the matter to April.

Haryana government announces purchase of 1025 new buses including electric, AC, and non-AC, with plans for modern bus depots and free travel for 'Divyang' citizens.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...