Tata Steel Approves Merger with Neelachal Ispat Nigam
Tata Steel has approved a merger with its wholly-owned subsidiary Neelachal Ispat Nigam Limited (NINL). The decision was taken at the board meeting held on March 17, 2026, marking a … Read More
Category: Business
Axis Bank to Infuse ₹1,500 Crore into Axis Finance
Shares of Axis Bank are likely to remain in focus after the bank announced a ₹1,500 crore capital infusion into its wholly-owned subsidiary Axis Finance Limited (AFL). The decision reflects … Read More
Ecofy Raises ₹380 Crore to Accelerate Green Finance Expansion in India
In a significant boost to India’s sustainable finance ecosystem, Ecofy has raised ₹380.5 crore in fresh equity funding to expand its footprint across key green lending segments. The funding round … Read More
LTIMindtree Renamed as LTM Limited: Company Completes Formal Transition
In a significant corporate development, LTIMindtree Limited has officially rebranded itself as LTM Limited after receiving regulatory approval from the Ministry of Corporate Affairs (MCA). The name change, effective March … Read More
SBI Raises ₹6,051 Crore via Tier 2 Bonds; Strong Investor Demand Signals Confidence
In a significant capital-raising move, State Bank of India (SBI) has successfully raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance for FY2025–26. The fundraising reflects strong … Read More
RBI Injects ₹48,014 Crore via VRR Auction to Ease Liquidity Crunch in Banking System
In a calibrated move to stabilise short-term liquidity conditions, the Reserve Bank of India (RBI) infused ₹48,014 crore into the banking system through a seven-day Variable Rate Repo (VRR) auction. … Read More
SBI Mutual Fund Boosts Stake in Urban Company as Global Investors Exit
In a notable shift in ownership dynamics, SBI Mutual Fund has increased its stake in Urban Company, even as major foreign investors have chosen to exit. Strategic Bet by SBI … Read More
PNB Sets April 15 Deadline for KYC Update: Inactive Accounts at Risk of Closure
In a significant move aimed at strengthening compliance and ensuring the safety of customer accounts, Punjab National Bank (PNB) has issued an important notification for customers holding inactive or inoperative … Read More
SEBI Approves IPO Plans of FabHotels Parent, Tea Post, and Learnfluence Education; Several Firms Withdraw Filings
India’s primary market continues to witness strong momentum as multiple companies receive regulatory approval to launch their initial public offerings (IPOs). The Securities and Exchange Board of India (SEBI) has … Read More
India Refines Press Note 3 Rules: New Ownership Threshold and Faster Approvals to Boost Strategic Investments
India has taken a significant step toward streamlining its foreign investment policies by introducing greater clarity under the revised Press Note 3 framework. The move is aimed at balancing national … Read More