Mumbai: The (PESB), the government’s head-hunter tasked with choosing heads of public sector undertakings, on Wednesday picked as the Director (Finance) at Ltd. Khamesra is currently Chief General Manager (Shipping) at Ltd. The selection of Khamesra will have to be ratified by the (ACC).
Hyderabad: Cyient Ltd, an intelligent engineering solutions company, said it is eyeing the acquisition of three companies within a year with an aggregate valuation of $100 million. “We are focused on strategic inorganic growth to accelerate scaling and address specific market and competency needs.
Logistics provider Ecom Express has received a tax demand under the provisions of Goods and Services Tax (GST) of Rs 1.31 crore, said owner Delhivery in an exchange filing on Wednesday.Delhivery completed the acquisition of
Bharat Forge and PLR Systems, a joint venture between Adani Defence & Aerospace and Israel Weapon Industries, secured a landmark contract worth ₹2,770 crore last month for the supply of 4.25 lakh Close Quarters Battle (CQB) carbines.
The government on Monday called for an "open house" to discuss issues related to steel imports with industry stakeholders. Companies and associations may present their issues in the open house scheduled for October 27 in the national capital, the Ministry of Steel said in a statement.
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty , have decided not to participate in the company’s Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
Delhi’s air quality continues to deteriorate with every passing day, reaching levels that pose severe health risks to its residents. Although festival-related firecrackers are often blamed for sudden spikes, the steady increase in the number of vehicles in the Delhi-NCR region remains a significant contributor.
Indian IT services companies have resumed campus hiring and onboarding engineering graduates after a lull of two years, even as the macroeconomic environment stays sluggish and technology spending remains under tight control. Companies such as Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro are in the process of meeting their fresher hiring targets for this fiscal.
Small finance banks (SFBs) aspiring to become universal banks have increased the share of secured assets in their loan portfolios to comply with the transition norms on diversified portfolios. Three SFBs — AU, Ujjivan, and Jana — which are eligible to convert to universal banks, reported a higher share of secured assets in their July–September quarter results.
Volumes and operating profit grew year-on-year (Y-o-Y) for JSW Steel in the second quarter of FY26, but profitability may remain under pressure in the near term. Revenues increased by 5 per cent quarter-on-quarter (Q-o-Q), driven by 10 per cent volume growth as capacities ramped up at Dolvi (Maharashtra), JSW Vijayanagar Metallics, and Bhushan Power & Steel (BPSL).
Detailed architectural drawings and interior images of Mumbai’s high-security Arthur Road Jail, where fugitive businessman Mehul Choksi would be lodged if extradited, have been presented before a Belgian court as part of India’s affidavit assuring humane detention conditions.
Contract research, development, and manufacturing organisation (CRDMO), Syngene International is adding a GMP bioconjugation suite at its commercial biologics facility [Unit 3] in Bengaluru. The new capability will offer end-to-end services for antibody-drug conjugates (ADCs) – from discovery through to GMP manufacturing, and is set to be operational within this financial year.
MapMyIndia Lx340 | Photo Credit: Company Pic MapmyIndia’s consumer mapping platform, Mappls, is targeting 50 million downloads by December-end as it looks to build a new revenue stream from its B2C business. The app will remain free, but the company expects ad-based monetisation to begin once it crosses the 35–50 million user mark.
MapmyIndia’s consumer mapping platform, Mappls, is targeting 50 million downloads by December-end as it looks to build a new revenue stream from its B2C business. The app will remain free, but the company expects ad-based monetisation to begin once it crosses the 35–50 million user mark.
South Indian Bank reported its highest-ever quarterly net profit of ₹351.36 crore in Q2FY26. MD & CEO PR Seshadri tells Narayanan V that the performance was driven by growth in MSME and retail segments, the bank’s preparedness for ECL framework, and its cautious approach to jewel loans.
South Indian Bank reported its highest-ever quarterly net profit of ₹351.36 crore in Q2FY26. MD & CEO PR Seshadri tells Narayanan V that the performance was driven by growth in MSME and retail segments, the bank’s preparedness for ECL framework, and its cautious approach to jewel loans.
New Delhi, Oct 22 (PTI) State-owned UCO Bank plans to add another 150 branches in the next five months in a bid to expand its presence and business. Currently, the Kolkata-based lender has 3,322 branches across the country and with the addition of 150 branches, the network would rise to 3,472 by the end of the current financial year.
New Delhi, State-owned UCO Bank plans to add another 150 branches in the next five months in a bid to expand its presence and business. ADVERTISEMENT Currently, the Kolkata-based lender has 3,322 branches across the country and with the addition of 150 branches, the network would rise to 3,472 by the end of the current financial year.
Infosys promoters, which include Narayana Murthy and chairman Nandan Nilekani, will not participate in the share buyback process announced in September, the company said in a regulatory filing on Wednesday. India’s second-largest IT services company announced its plan to buy back Rs 18,000 crore worth of shares — its largest in a decade — at a time when technology stocks have been under pressure due to a weak macroeconomic environment and uncertainties arising from tariffs.
Dr Arul Shanmugasundaram, the new CEO of Swelect Energy Systems Ltd, has charted a new course for the company, a major feature of which is shelving the proposed solar cell project. The company will not put up a cell plant but will instead enter into a long-term supply contract with a domestic cell manufacturer, Shanmugasundaram told businessline recently.
The September quarter (Q2FY26) performance of consumer electrical and durables major Havells India was broadly in line with Street estimates. While the topline was led by robust growth in the cables, wires, switchgears, and lighting segments, the consumer durables division restricted overall gains.
The Delhi High Court has said that the provisions of the SC/ST Act relating to wrongful occupation or dispossession of land belonging to people from Scheduled Castes and Scheduled Tribes cannot be used to prevent a bank from exercising its lawful mortgage rights.
Tired of too many ads? go ad free now How push-up ability can reveal your heart’s true strength Tired of too many ads? go ad free now Understanding the limitations of push-up studies on heart health Full-body benefits of push-ups beyond heart health Incorporating push-ups into your daily routine Heart attacks and strokes continue to be among the leading causes of death globally, but a simple exercise like push-ups may offer important clues about your heart health.
Approximately 40% of the company’s portfolio including toilet soap, toothpaste, shampoo, hair oil, talcum powder, lifestyle nutrition and other foods now benefit from a reduced GST rate of 5 per cent, down from the previous GST rates of 12% or 18% | Photo Credit: REUTERS/DANISH SIDDIQUI Hindustan Unilever is expected to report low single-digit revenue growth on underlying flat sales in Q2FY26, when it announces its quarterly results on Thursday.
Hindustan Unilever is expected to report low single-digit revenue growth on underlying flat sales in Q2FY26, when it announces its quarterly results on Thursday. Earlier the company had stated it saw a transitory impact of GST 2.0 implementation in sales with disruption at the distributor and retailer’s end.
The Delhi High Court ruled that provisions of the SC/ST Act cannot be invoked to stop a bank from enforcing its lawful mortgage rights, while staying proceedings against Axis Bank officials initiated by the National Commission for Scheduled Tribes.
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's ₹18,000 crore share buyback, according to a regulatory filing on Wednesday. The promoters collectively hold 13.05 per cent of the company's equity as on the buyback announcement date.
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's ₹18,000 crore share buyback, according to a regulatory filing on Wednesday. The promoters collectively hold 13.05 per cent of the company's equity as on the buyback announcement date.
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's ₹18,000 crore share buyback, according to a regulatory filing on Wednesday. The Infosys promoters collectively held 13.05% of the company's equity as on the buyback announcement date.(Reuters) The promoters collectively hold 13.05 per cent of the company's equity as on the buyback announcement date.
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty , have decided not to participate in the company's Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday. ADVERTISEMENT Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
Kiran Mazumdar-Shaw on Wednesday denied media reports claiming that she has offered to repair roads in Bengaluru, hours after Congress leader P Chidambaram welcomed the purported move. "The media have fabricated this news. I have never offered to repair the roads as is being suggested.
United Commercial Bank or UCO Bank has announced a recruitment drive for 532 apprentice positions. Those who have completed graduation in any discipline may apply by visiting the UCO Bank website, uco.bank.in, and complete the online application form by October 30, 2025.
If you use an SBI credit card, this is important news for you. SBI Card has announced revisions in several of its service charges and fee structures, effective November 1, 2025. The new charges will apply to certain transactions such as education payments, wallet loads and card replacements.
Mumbai-based listed real estate developer Lodha Developers Limited has announced the appointment of Amandeep Singh as Regional CEO for Delhi-NCR. Singh joins the company from DLF Limited, where he served as Senior Executive Director (COO, Gurgaon and North), Lodha Developers said in a regulatory filing.
State-owned NMDC on Wednesday said it has slashed prices of iron ore lump and its fines by ₹550 and ₹500 per tonne, respectively, with immediate effect. It has fixed the price of lump ore at ₹5,550 per tonne and fines at ₹4,750 a tonne, the country's largest iron ore miner said in a regulatory filing.
Maruti Suzuki recently launched the Victoris SUV in India at a starting price of Rs 10.50 lakh (ex-showroom). Just a few weeks after the launch, the Maruti Suzuki Victoris garnered a positive response, registering over 25,000 bookings in India by early October.
FMCG major Hindustan Unilever Ltd (HUL) is expected to deliver a muted September-quarter performance as the recent GST rate cuts and extended monsoon disrupted sales momentum, even as weak underlying demand and channel destocking weighed on volumes.
India’s automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. While the deal count remained steady from the previous quarter, total transaction value surged, largely due to Tata Motors’ $3.8 billion acquisition of Iveco S.P.A., one of India’s largest-ever outbound auto deals.
New Delhi, Oct 22 (PTI) State-owned NMDC on Wednesday said it has slashed prices of iron ore lump and its fines by Rs 550 and Rs 500 per tonne, respectively, with immediate effect. It has fixed the price of lump ore at Rs 5,550 per tonne and fines at Rs 4,750 a tonne, the country’s largest iron ore miner said in a regulatory filing.
In the gilded world of Mumbai’s real estate, where legacy is often measured in generations, Kamal Khetan stands out as a first-generation titan. As chairman and managing director of Sunteck Realty, a formidable player with a market capitalisation of approximately ₹7,500 crore, Khetan has carved a niche at the apex of the luxury market.
VMPLJamshedpur (Jharkhand) [India], October 22: XLRI – Xavier School of Management, Jamshedpur, hosted a distinguished leadership session by Mr. Jacob Jacob, Group Chief Human Resources Officer, Aster DM Healthcare, Dubai, as part of the Aster NextGen Management Trainee Program.
Tired of too many ads? go ad free now Tired of too many ads? go ad free now Belgium’s has ruled that fugitive diamond trader Mehul Choksi is extraditable to India, rejecting his claims of political persecution and ensuring he faces trial in the Punjab National Bank (PNB) fraud case.ANI reported that the court confirmed the offences attributed to Choksi are punishable under both Indian and Belgian law, fulfilling the dual criminality requirement for extradition.
India's automotive sector recorded 30 transactions valued at $4.6 billion in September quarter, its strongest in over a year, boosted by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., Grant Thornton Bharat said on Wednesday. Excluding the Tata Motors-Iveco deal, values dipped 36 per cent over the June quarter, signalling that large strategic bets continue to define overall deal momentum, as per Grant Thornton Bharat Q3 2025 Automotive Dealtracker.
The Antwerp Court of Appeal has found that the offences attributed to fugitive diamond trader Mehul Choksi are extraditable under both Indian and Belgian law, paving the way for his return to India to face trial in the Punjab National Bank (PNB) fraud case.
New Delhi, Oct 22 (PTI) India’s automotive sector recorded 30 transactions valued at USD 4.6 billion in September quarter, its strongest in over a year, boosted by Tata Motors’ USD 3.8 billion acquisition of Iveco S.P.A., Grant Thornton Bharat said on Wednesday.
The Antwerp Court of Appeal has found that the offences attributed to fugitive diamond trader Mehul Choksi are extraditable under both Indian and Belgian law, paving the way for his return to India to face trial in the Punjab National Bank (PNB) fraud case.
UCO Bank has invited applications for Apprentice posts. Eligible candidates can apply online through the official website of UCO Bank at ucobank.in. This recruitment drive will fill up 532 posts in the organisation.
A group of global lessors has asked India to reconsider draft aviation rules they say complicate the task of reclaiming aircraft from distressed carriers by requiring lessors to first clear airline taxes and salaries, sources said.
Mukesh Ambani -led Reliance Industries in its Q2 earning results have revealed an addition of 600 dark stores in addition to its existing network of over 3,000 physical stores. BNP Paribas in its report highlighted that Reliance Industries’ bet on retail and dark stores will drive the growth in future.
The Antwerp Court of Appeal has found that the offences attributed to fugitive diamond trader Mehul Choksi are extraditable under both Indian and Belgian law, paving the way for his return to India to face trial in the Punjab National Bank (PNB) fraud case.
