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Hitesh Mehta, General Manager and Head of Accounts at New India Cooperative Bank, after being arrested by the EOW, in Mumbai, on February 15, 2025 | Photo Credit: PTI Former general manager and head of accounts of New India Cooperative Bank Hitesh Mehta and the beneficiary of the theft Dharmesh Paun have been sent to…
Read More “New India Cooperative Bank accused sent to police custody till Feb. 21” »
Union Minister of Commerce and Industry Piyush Goyal. File. | Photo Credit: PTI The announcement to negotiate a bilateral trade agreement between India and the U.S. has boosted business confidence in both countries, as it can help further strengthen economic ties by leveraging their competitive strengths, Commerce and Industry Minister Piyush Goyal said on Sunday…
Read More “Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal” »
BSNL has cut its finance cost and overall expenditure, leading to a decline in losses by over ₹1,800 crore compared to last year. File Photo: Arrangement BSNL has posted a net profit of ₹262 crore for the December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday…
A general view of installed solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd. (AGEL), in Khavda, Gujarat. File | Photo Credit: Reuters The Department for Promotion of Industry and Internal Trade (DPIIT) has reviewed as many as 21 issues affecting 14 infrastructure projects in Gujarat and Rajasthan for their redressal,…
Read More “Centre reviews 21 issues affecting 14 infrastructure projects in Gujarat, Rajasthan” »
Bank of India said it has raised 10 years Infrastructure Bonds of ₹2,690 crore @ 7.50% p.a, through NSE Electronic Bidding Platform. The Base Issue size was ₹1,500 crore with Green Shoe option of ₹3,500 crore. “Bank received total of 94 bids amounting to ₹8,845 crore, 5.90 times of the Base issue size. Bank accepted…
Read More “Bank of India raises ₹2,690 crore through Infra Bonds” »
The Board has appointed Aditya Kumar Halwasiya, Managing Director of Cupid Ltd as its Chairman & Managing Director. | Photo Credit: cupidlimited.com Cupid Ltd for the third quarter reported net profit of ₹ 11.04 crore, as compared to ₹ 8.86 crore in the year ago period, up 24.60%. The total income of the company for the…
Read More “Cupid Q3 net profit rises 25% to ₹11.04 crore ” »
Baijayant Jay Panda. File | Photo Credit: The Hindu The select committee of the Lok Sabha, which will examine the Income-Tax Bill, 2025, was constituted on Friday (February 14, 2025) with BJP MP Baijayant Jay Panda appointed as chairman of the panel. The committee will have 31 MPs, including 17 from the ruling National Democratic…
Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday (February 14, 2025) rejected Digvijay Laxhamsinh Gaekwad’s plea seeking an exemption to make a competing open offer for a majority stake in Religare Enterprises. With this ruling, the Burman Group’s open offer process remains on track, solidifying their acquisition bid for Religare…
Read More “SEBI rejects Digvijay Gaekwad’s plea for competing open offer in Religare deal” »
Namdhari Seeds, a Karnataka-based vegetable and flower seeds breeding company, has acquired 100% stake in the open field vegetable seed business of Axia, a Dutch vegetable seeds breeding company. Axia produces tomatoes, hot and sweet peppers, melons, watermelons, cucumbers, squash, and eggplant in its open fields and these seeds are marketed under the US Agriseeds brand across…
Read More “Namdhari Seeds acquires Dutch seed breeding firm Axia for an undisclosed sum” »
Adani Power has agreed to fully restore supply from a 1,600 MW India power plant to Bangladesh in a few days after a gap of three months but has rejected Dhaka’s request for discounts and tax benefits, two sources told Reuters. Billionaire Gautam Adani’s company halved supply to Bangladesh on October 31 due to payment…
Read More “Adani to restore full power to Bangladesh in days but differences remain, say sources” »
