Pilot seen as first real test of direct depository model for partial stock ownership
JM Financial Credit Solutions will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance for ₹65.5 crore. The deal, expected to close by August 31, will reduce JMFCSL’s holding in JM Financial Home Loans fro ...more
The Guwahati International Airport Limited (GIAL) domestic cargo terminal at Lokpriya Gopinath Bordoloi International Airport (LGBIA) has achieved a new milestone by handling a record 952 metric tonne (MT) of cargo in a single month, officials said on Sunday.
The amount released covers six schemes — Mukhyamantri Vridhjan Pension Yojana, Indira Gandhi Old Age Pension, Indira Gandhi National Widow Pension, Indira Gandhi National Disability Pension, Laxmi Bai Social Security Pension, and Bihar State Disability Pension.
The proposal includes exemptions from requirements such as maintaining pari-passu rights among investors, NISM certification for key investment team members, and the current limit of 1,000 investors per scheme, says SEBI
Indian exporters of agri, pharma, vehicles etc have not been able to take advantage of lower duties offered under the pact, notes study
The central bank has issued a draft circular, "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025", and invited public feedback on it by August 27.
Agriculture Minister Shivraj Singh Chouhan will digitally transfer ₹3,200 crore in crop insurance claims to 30 lakh farmers under PMFBY at an event in Rajasthan. The Centre has simplified claim settlements, penalizing delays from stat ...more
Still carrying a good amount of inventory, fans and AC companies are hoping for a demand revival during the festival season and higher temepratures post monsoons to boost sales in H2
Gujarat Gas aims to capture 25% of the propane market in Morbi by selling an estimated 1.3 mmscmd of propane in this largest export hub for ceramics in India
Malaysia Airlines views India as a key market, generating significant revenue and passenger volume. The airline aims to be a core service provider connecting India globally, focusing on increased flight frequency and connectivity rather ...more
Fusion Finance and Spandana Sphoorty also witnessed a change in CEO over the last few months
West Asia may account for 60-70% of the lost Russian crude oil, while the US, latin America and West Africa can serve as tactical fillers.
Big companies and mid-sized players from sectors like metals, energy, telecom, automobiles, pharma, and infrastructure will share their Q1 (April–June) results.
Meanwhile, last month, the Directorate General of Civil Aviation (DGCA) found 51 safety lapses in Air India’s operations during its annual audit, raising fresh concerns about the airline’s compliance with mandatory aviation safety norms.
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