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RBI Imposes Restrictions on Loknete R.D. (Appa) Kshirsagar Sahakari Bank, Nashik

India, Dec. 16 -- The Reserve Bank of India (RBI) has imposed regulatory restrictions on Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd, Niphad, Nashik district, under Section 35A read with Section ... Read More


Govt to sell up to 3% Stake in IOB via OFS, Targets Rs 2,100 Crore

India, Dec. 16 -- The government has decided to divest up to 3% stake in state-owned Indian Overseas Bank (IOB) through an Offer for Sale (OFS) starting Wednesday. At the current market price, the st... Read More


ReNew Partners with Google for 150-MW Solar Project in Rajasthan

India, Dec. 16 -- Decarbonisation solutions provider ReNew Energy Global Plc on Tuesday announced a partnership with technology major Google for the development of a 150-megawatt (MW) solar power proj... Read More


BSPGCL signs MoUs for Rs 13,000 Crore Pumped Storage Power Projects in Bihar

India, Dec. 16 -- Bihar State Power Generation Company Ltd (BSPGCL) on Tuesday signed two memorandums of understanding (MoUs) with private developers to set up pumped storage power projects with a com... Read More


CCI Approves Coinbase's Minority Stake Acquisition in DCX Global

India, Dec. 16 -- The Competition Commission of India (CCI) on Tuesday cleared US-based cryptocurrency platform Coinbase's proposal to acquire a minority stake in DCX Global Ltd. The approval follows... Read More


Rupee ends at fresh record low of 91.01 against sollar

India, Dec. 16 -- The rupee weakened by 23 paise to close at a new all-time low of 91.01 (provisional) against the US dollar on Tuesday, pressured by sustained foreign fund outflows, the absence of pr... Read More


HDFC Bank gets RBI approval to raise stake in IndusInd Bank to 9.5%

India, Dec. 16 -- HDFC Bank has received approval from the Reserve Bank of India (RBI) to increase its stake in private sector lender IndusInd Bank up to 9.5%. In a regulatory filing, IndusInd Bank s... Read More


Copper Futures Edge Lower on Weak Demand

India, Dec. 16 -- Copper futures on Tuesday slipped by Rs 4.20 to Rs 1,116.45 per kg as participants pared their positions amid muted demand in the domestic market. On the Multi Commodity Exchange (M... Read More


Can Fin Homes has declared 350% Interim dividend for the financial year March 2026

India, Dec. 16 -- Can Fin Homes Ltd. on Monday, 08 December 2025, has announced Interim dividend of 350 percent on Equity Share, to its shareholders holding shares on the register on Friday, 19 Decemb... Read More


Government appoints Ravi Ranjan as SBI Managing Director

India, Dec. 16 -- The government on Monday appointed Ravi Ranjan as the new Managing Director of State Bank of India (SBI). Ranjan, who earlier served as the bank's Deputy Managing Director, has succ... Read More