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IndusInd Bank shares slip nearly 6%

India, May 16 -- IndusInd Bank shares fell sharply on Friday, declining nearly 6%, after the company disclosed that its Internal Audit Department (IAD) had identified "unsubstantiated balances" amount... Read More


IndiGrid Infrastr Q4 net profit down 37.03% at Rs 242.45 cr

India, May 16 -- The company reported standalone net profit of Rs 242.45 crore for the quarter ended March 31, 2025 as compared to Rs 385.00 crore in the same period last year, registering a year-on-y... Read More


Eureka Forbes Q4 net profit zooms 137.48% at Rs 50.75 cr

India, May 16 -- The company reported standalone net profit of Rs 50.75 crore for the quarter ended March 31, 2025 as compared to Rs 21.37 crore in the same period last year, registering a year-on-yea... Read More


RBI imposes monetary penalty on The Karnataka Central Co-operative Bank Ltd, Dharwad, Karnataka

India, May 16 -- The Reserve Bank of India (RBI) has, by an order dated May 09, 2025, imposed a monetary penalty of ?2.00 lakh (Rupees Two Lakh only) on The Karnataka Central Co-operative Bank Ltd, Dh... Read More


RBI imposes monetary penalty on Grewal Brothers Finance Company Private Limited, Kerala

India, May 16 -- The Reserve Bank of India (RBI) has, by an order dated May 09, 2025, imposed a monetary penalty of Rs 50,000/- (Rupees Fifty Thousand only) on Grewal Brothers Finance Company Private ... Read More


Mamata Machinery appoints Rajashekar Venkat as President to strengthen leadership team

India, May 16 -- Mamata Machinery Limited, a leading provider of flexible packaging machinery solutions with a strong global presence, has announced the appointment of Mr. Rajashekar Venkat as Preside... Read More


Shreeji Translogistics wins 'Logistics Champion Award' at 7th India Logistics Strategy Summit 2025

India, May 16 -- Shreeji Translogistics Limited (STL), a leading logistics solutions provider in India, has been honored with the "Logistics Champion Award (Mid)" at the 7th India Logistics Strategy S... Read More


GMR Airports takes over cargo operations at IGI Airport following revocation of Celebi's security clearance

India, May 16 -- GMR Airports Limited (formerly GMR Airports Infrastructure Limited) has been granted the concession to operate, maintain, and manage the existing cargo terminal at Indira Gandhi Inter... Read More


SEBI approves Sumuka Agro Industries' merger with Gujjubhai Foods

India, May 16 -- Sumuka Agro Industries Limited, a publicly listed Indian company, announced today that it has received approval from the Securities and Exchange Board of India (SEBI) for the proposed... Read More


Ministry of Micro, Small and Medium Enterprises invites applications from MSMEs for National Award 2024

India, May 16 -- The Ministry of MSME recognizes the contributions of MSME entrepreneurs for their outstanding performance and motivate and encourage them by conferring awards at the National Level. A... Read More