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Updated: 1 hour 13 min ago
Jio Platforms set to bring India's biggest IPO on Oct 21, seeks ₹30,213 cr
The fresh issue comprises up to 270 million equity shares with a face value of ₹10 each
21 strategic PSU stake sales in 26 years as IDBI Bank joins the list
The sales of BALCO, VSNL and Hindustan Zinc in the early 2000s, followed by transactions involving THDC India, NEEPCO and Air India, account for much of this history
IDBI Bank acquisition puts Fairfax's CSB Bank stake at a crossroads
Fairfax Financial Holdings Ltd., led by Canadian billionaire Prem Watsa, is set to acquire nearly 61 per cent stake in IDBI Bank for $5.6 billion, marking the largest foreign investment in banks
BS-VII clock starts ticking as Centre sets 2029 target for emission norms
The government has proposed BS-VII emission norms from April 2029, introducing stricter real-world testing and brake and tyre pollution limits, while automakers seek more time to comply.
The fall and rise of IDBI Bank: From bad-loan crisis to the Fairfax deal
Improving India-Canada ties brought Fairfax back into play as IDBI Bank's recovery from a bad-loan crisis paved the way for a Rs 52,878 crore sale of a majority stake
HDB Financial Services sees 34% profit jump to ₹780 crore in Q2FY27
HDB Financial Services reports a 34.2% rise in Q2 FY27 profit to ₹780 crore, supported by loan growth, lower provisions and improved asset quality
Navi Mumbai airport not ready to handle international flights: Emirates
Emirates says Navi Mumbai airport lacks catering and cargo facilities, while MIAL has assured airlines that international flights will stay at Mumbai until at least March-end.
Tata Trusts row: Noel, son Neville Tata move Mumbai courts with caveats
The caveats filed in the Bombay High Court and also in the Mumbai City Civil Court will ensure that they are heard before the passing of any orders
Accenture bets on AI, targets mid-single-digit growth for next two years
Accenture aims for mid-single-digit revenue growth in constant currency in FY27 and FY28, followed by faster growth from FY29, as AI services help offset revenue pressure
BoB shares fall 3.5% after B R Shetty files $15 billion suit against bank
Bank of Baroda said it had not been served with B R Shetty's $15 billion suit and would defend itself firmly, adding that the allegations remained untested in court
Govt forms Ramesh Chand-led panel to examine sugarcane farmers' demands
The panel will review sugarcane farmers' returns, the minimum selling price of sugar, recovery testing and deductions in mechanically harvested cane
Jio Platforms IPO to open for subscription on October 21-23: Filing
Jio Platforms, the digital services arm of Reliance Industries, will open its initial public offering (IPO) for subscription on October 21 and close it on October 23, according to a regulatory filing
CCEA approves sale of 60.72% stake in IDBI Bank to Fairfax for ₹52,878 cr
The government will sell a 30.48 per cent stake and LIC 30.24 per cent in IDBI Bank to Fairfax, in what will be the largest FDI in India's financial sector once completed.
Reliance Consumer Products rolls out ₹20 flavoured milk in Tamil Nadu
Reliance Consumer Products Limited announced its entry into the ready-to-drink dairy market with the launch of Joyland flavoured milk in Tamil Nadu.
Sebi proposes market cap-based SME listing norms, lower application size
Sebi proposes halving the minimum SME IPO application value to Rs 1 lakh, raising the operating profit threshold and easing offer-for-sale restrictions for institutional investors
Family office to billionaire Narayana Murthy to double exposure in India
It is targeting annual returns of 16% to 18%, Deepak Padaki, president of Catamaran Ventures LLP said on the sidelines of Bloomberg's New Economy Forum
BHEL Q2FY27 results: Net profit jumps over two-fold to ₹821 crore
The company had clocked a net profit of ₹374.89 crore in the second quarter of the preceding financial year, BHEL said in an exchange filing
India Inc salary hikes to hold at 9.1% in 2027 as attrition rises to 18%
Salary hikes: NBFCs lead at 10.1%, tech services lag at 6.6%
US oil, gas supplies to India fall 43% as West Asia imports rebound
Refiners say high freight costs, longer voyages and limited supplies of medium sour crude make US barrels less attractive than West Asian and Russian alternatives
Volvo Buses India bags largest-ever order for 200 buses from MSRTC
The order is the single-largest for Volvo Buses in India and marks a significant commitment to strengthening premium intercity public transportation in the state