Exclusive

Publication

Byline

Kajaria Ceramics reports fraud in step-down wholly-owned subsidiary

India, Dec. 19 -- Kajaria Ceramics announced that Dilip Kumar Maliwal, Chief Financial Officer of Kajaria Bathware, a wholly owned subsidiary (KBPL) of the Company found to have committed a fraud over... Read More


Board of Centum Electronics approves closure of subsidiaries in Canada

India, Dec. 19 -- The board of Centum Electronics at its meeting held on 19 December 2025 has approved the discontinuation of operations of Centum E&S (Centum 'quipements ET Syst'mes) and Centum T&S (... Read More


Waaree Energies announces incorporation of step-down subsidiary

India, Dec. 19 -- Waaree Forever Energies, a wholly-owned subsidiary of Waaree Energies, has incorporated a wholly-owned subsidiary viz; Hydro Bloom Energy on 18 December 2025.The new subsidiary is in... Read More


Board of Indiabulls approves alteration of main object clause of MoA

India, Dec. 19 -- The board of Indiabulls at its meeting held on 19 December 2025 has approved alteration of main object clause of Memorandum of Association of the Company, subject to necessary approv... Read More


Optiemus Infracom announces incorporation of JV - The Factory

India, Dec. 19 -- Optiemus Infracom announced that the Ministry of Corporate Affairs (MCA) has approved the incorporation of The Factory, a joint venture and subsidiary of the company, on 19 December ... Read More


Brigade Enterprises raises Rs 200 crore via commercial paper

India, Dec. 19 -- Brigade Enterprises has issued commercial paper of Rs 200 crore on 18 December 2025. Published by HT Digital Content Services with permission from Pivotal Sources.... Read More


RBI imposes monetary penalty on Kotak Mahindra Bank Limited

India, Dec. 19 -- The Reserve Bank of India (RBI) has, by an order dated December 11, 2025, imposed a monetary penalty of Rs. 61.95 lakh (Rupees Sixty One Lakh Ninety Five Thousand only) on Kotak Mahi... Read More


African Development Bank's $21.9 Million Grant to Boost Sao Tome and Principe's Blue Economy and Strengthen Food Security

Sao Tome and Principe, Dec. 19 -- The African Development Bank Group's Board of Directors has approved a $22 million grant to finance the Blue Economy and Fisheries Infrastructure Rehabilitation and M... Read More


African Development Bank approves $60 million trade finance transaction guarantee facility to Equity Bank (Kenya) to support SMEs, drive regional trade

Kenya, Dec. 19 -- The Board of Directors of the African Development Bank Group has approved a $60 million Trade Finance Transaction Guarantee facility to support the trade finance activities of Equity... Read More


African Development Bank Welcomes the Commissioning of 120 MWp Kairouan Solar Photovoltaic Project, a Major Milestone

Tunisia, Dec. 19 -- The African Development Bank Group welcomed the commissioning, on 16 December 2025, of the Kairouan solar power plant, which will strengthen Tunisia's energy security and advance i... Read More