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RBI imposes Rs 1 lakh penalty on Ottapalam Co-operative Urban Bank, Kerala

India, Sept. 10 -- The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 1 lakh on The Ottapalam Co-operative Urban Bank Ltd., Palakkad, Kerala, for non-compliance with directions issued... Read More


RBI slaps Rs 5.5 lakh penalty on The District Co-operative Central Bank, Bidar

India, Sept. 10 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5.50 lakh on The District Co-operative Central Bank Ltd., Bidar, Karnataka, for violations of the Banking Regula... Read More


Rupee edges up 5 paise to 88.10 against US dollar in early trade

India, Sept. 10 -- The rupee appreciated 5 paise to 88.10 against the US dollar in early Wednesday trade, supported by foreign fund inflows and weakness in the greenback against major currencies. For... Read More


Maruti Suzuki to begin flex fuel vehicle production this fiscal: Suzuki Motor

India, Sept. 10 -- Suzuki Motor Corporation has announced that Maruti Suzuki India will commence production of flex fuel vehicles (FFVs) within this fiscal year. The company highlighted in its technol... Read More


Jindal Stainless supplies stainless steel for Bengaluru Metro Phase 2 expansion

India, Sept. 10 -- Jindal Stainless, India's largest stainless steel manufacturer, has supplied premium 301N austenitic stainless steel for the Bengaluru Metro Phase 2 project, reinforcing its role in... Read More


Hero MotoCorp passes on full GST 2.0 benefits to customers ahead of festive season

India, Sept. 10 -- Hero MotoCorp, the world's largest two-wheeler manufacturer, has announced that it will pass on the complete benefit of the government's GST 2.0 reforms to its customers starting Se... Read More


Kings Infra hails EU approval of 102 additional Indian seafood units

India, Sept. 10 -- Kings Infra Ventures Ltd. has welcomed the European Union's decision to approve 102 additional seafood processing and export units from India, calling it a landmark development that... Read More


Blue Cloud Softech Solutions signs LOI to acquire 3P Vision, boost AI-driven defence capabilities

India, Sept. 10 -- Hyderabad-based Blue Cloud Softech Solutions Limited, a fast-growing Indian company in AI and cybersecurity, has signed a Letter of Intent (LOI) to acquire 3P Vision, a defence tech... Read More


MTAR Technologies bags Rs 386 crore orders in clean energy fuel cells segment

India, Sept. 10 -- MTAR Technologies Limited has secured orders worth Rs 386 crore in the clean energy fuel cells segment, highlighting the strong growth potential of this business. Of the total order... Read More


Brightcom signs MoU with US-based CQT Weapon Systems to strengthen defence division

India, Sept. 10 -- Brightcom Group Limited has announced a strategic partnership with Close Quarters Tactical (CQT) Weapon Systems, a US-based defence manufacturer, through the signing of a Memorandum... Read More