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Val-Met Engineering raises Rs 200 crore from Nuvama Funds

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The funding was raised from Nuvama Crossover Opportunities Fund – IIIA, Nuvama Crossover Opportunities Fund - IIIB and Nuvama Crossover Opportunities Fund - 4A,...
Corporate

Funskool reports USD 40 m sales in FY26

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The company, promoted by MRF Group, recorded an average growth of 14 per cent over the past two years with exports growing at 19...
Economy

Retail inflation inches up to 3.4% in March

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“Food inflation was the largest contributor as it rose to 3.9 per cent from 3.5 per cent, while fuel inflation rose to 1.7 per...
Renewables

GAIL plans 600 MW solar project in UP

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Total cost of the project is Rs. 3,294.86 crore and it is funded through a mix of equity and debt, the company said in...
Banking

Application of Ujjivan SFB for universal bank returned

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In its letter dated 13 April, the RBI took note of the bank’s recent efforts towards diversification of its loan portfolio. However, the RBI...
Insurance

LIC board gives nod for 1:1 bonus issue

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LIC said that it would capitalise sum not exceeding Rs. 6324,99,77,010 (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten...
Banking

RBI seeks views on steps to secure digital payments

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The Reserve Bank of India (RBI) said, "fraudsters are deploying various tactics, such as bogus call centres, deepfake-driven impersonation scams and mule account networks"....
In & Around

Last-mile hurdle for PNG needs to be fixed, says IOC chief

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Addressing a press conference in Chennai on Friday, he said that re-gasification terminals were running at only 30 to 40 per cent capacity, and...
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