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RBI nod not needed for MUFG stake buy in Shriram Finance

In December 2025, Japan’s MUFG Bank agreed to invest Rs 39,618 crore in Shriram Finance through preferential issuance of equity shares. This investment will...

Religare to demerge financial services, insurance businesses

Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Limited (CHIL) which will continue as an insurance-focused entity....

RBI okays Bain Capital stake buy in Manappuram

The RBI approval was communicated on 13 February 2026. The  final approval granted by the RBI is subject to other conditions specified by the RBI,...

Cabinet approves Rs 1 lakh crore Urban Challenge Fund

This will lead to a total investment of Rs. Four lakh crore in urban sector in next five years, marking a paradigm shift in...

Cabinet okays Startup India Fund of Funds 2.0

The Scheme is designed to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital ecosystem, and...

Adani Group floats new arm for nuclear energy

Adani Atomic Energy’s focus will be to generate, transmit, and distribute electric power derived from nuclear and/or atomic energy, the company said in a...

India reopens wheat exports, after nearly four years

The calibrated decision has been taken after a comprehensive assessment of the current availability and price scenario,  a official statement said. Wheat stock availability with...

Ramco Cements is on course to expand capacity

The Ramco Cements Ltd. has indicated that its cement and clinker capacities would improve substantially by FY 27.  The capacity improvement is facilitated by...

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Neo raises Rs 6,200 crore for second credit fund

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Gopal Vittal re-elected GSMA Chair

Vittal has served on the GSMA board for 10...

TVS Motor bets on Europe, unveils 4 models

The four models—the TVS Orbiter, TVS M1-S, TVS X...

Data centre capacity set for 5x surge: Crisil

Crisil said the surge is driven by generative artificial intelligence...

Vultr partners with StartupTN to offer cloud credits

Under the memorandum of understanding (MoU), eligible early-stage startups...