AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for its transition to a universal bank. Following in-principle approval from the RBI, the bank will also relocate i ...more

Malaysia Airlines has identified India as its largest market, surpassing Australia and Europe in revenue and passenger numbers. The airline currently operates 77 weekly flights to 10 Indian cities and plans to increase this to 80 by Dec ...more

HDFC Bank's CEO, Sashidhar Jagdishan, expressed reservations about reverse mortgage loans in India, citing legal and operational challenges. He highlighted ongoing tech upgrades, including a new mobile app and net banking interface, wit ...more

State Bank of India's Q1 FY26 consolidated profit rose 9.7% to Rs 21,201 crore, fueled by strong treasury and forex income. While advances grew 11.6%, net interest income slightly decreased due to margin contraction. The bank anticipate ...more

SEBI Chairman Tuhin Kanta Pandey urged company boards to treat independent directors as "stewards of accountability," not honorary figures. He emphasized the need for diverse selection processes, ongoing orientation beyond initial induc ...more

Jaguar Land Rover's profitability was significantly impacted by tariffs imposed by the US, leading to a 30% drop in Tata Motors' overall profit. Anticipated new trade deals between the US and both the UK and EU are expected to alleviate ...more

Biocon anticipates potential challenges from proposed US tariffs on pharmaceutical imports, which could squeeze profit margins and affect the affordability of generic medicines. With the US being its largest market, Biocon is strategizi ...more

Indian stock markets witnessed a significant downturn on Friday, with the Sensex plummeting 765 points to a three-month low of 79,858, and the Nifty shedding 233 points. Investor sentiment was negatively impacted by fears of US tariffs ...more