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RBI imposes monetary penalty on The Karnal Central Cooperative Bank Limited, Haryana

India, June 8 -- The Reserve Bank of India (RBI) has, by an order dated June 3, 2026, imposed a monetary penalty of ?3 lakh (Rupees Three Lakh only) on The Karnal Central Cooperative Bank Limited, Har... Read More


Can Fin Homes board approved fund raising up to Rs 5,000 crore via debt issuance

India, June 8 -- The board of Can Fin Homes at its meeting held on 08 June 2026 has approved fund raising up to Rs 5,000 crore by way of issuance of on-shore and/or off-shore debt instruments includin... Read More


Avantel wins order worth Rs 9.94 crore from DRDO

India, June 8 -- Avantel has received a contract valued Rs 9.94 crore from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India, for the Development and T... Read More


Fineotex Chemical announces expansion of its manufacturing unit in Texas

India, June 8 -- CrudeChem Technology LLC, a subsidiary of Fineotex Chemical, has announced a significant further expansion of its manufacturing capacity at its Texas facility with the addition of 150... Read More


Smartwork secures 5-year engagement with Japanese NBFC subsidiary in Mumbai

India, June 8 -- Smartworks Coworking Spaces (Smartworks) has leased over 400 seats to a Japanese NBFC subsidiary in Mumbai. The five-year engagement is estimated to generate rental revenue of Rs 35 C... Read More


Viyash Scientific to acquire Milan-based pet care company BioForLife

India, June 8 -- Viyash Scientific (Viyash), through its wholly owned subsidiary Alivira Animal Health (Alivira), has signed a binding agreement to acquire 100% stake in BioForLife Italia S.r.l. (BFL)... Read More


Dynacons Systems & Solutions secures project of Rs 125.88 crore

India, June 8 -- Dynacons Systems & Solutions has secured a project worth Rs 125.88 crore from Central Bank of India. The order pertains to expansion and modernization of the Bank's technology infrast... Read More


RailTel secures railway signaling contract worth Rs 82 crore

India, June 8 -- RailTel Corporation of India has received the Letter of Acceptance (LoA) from Haryana Rail Infrastructure Development Corporation for railway signaling contract worth Rs 82.04 crore. ... Read More


Samvardhana Motherson commissions its maiden captive solar project in Uttar Pradesh

India, June 8 -- Samvardhana Motherson International, through its energy business company, Motherson New Energy (MNEL), has commissioned its first ground-mounted captive solar power project in Uttar P... Read More


TCS signs multi-year service agreement with Canada Life

India, June 8 -- Tata Consultancy Services (TCS) has signed multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer. The partnership will s... Read More