Reserve Bank of India will stop daily Variable Rate Repo auctions. The discontinuation is effective from June 11, 2025. This decision follows a review of liquidity conditions. Earlier, daily VRR auctions were announced on January 15, 2025. The final VRR…
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Sebi has levied a penalty of Rs 3 lakh on Motilal Oswal Financial Services for violating stock brokers’ norms. An inspection revealed trading terminals at unauthorized locations and operated by unapproved users. The firm also failed to identify and report…
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Oswal Pumps has filed a draft red herring prospectus with SEBI to raise up to Rs 890 crore via IPO, comprising a fresh issue and an OFS by promoter Vivek Gupta. The Karnal-based pump and solar solutions maker plans to…
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He said India remains one of the world’s largest and most dynamic smartphone markets, with a massive base of users ready to upgrade from older devices. “There’s a strong appetite for fresh designs, new innovations, better cleaner software experiences where…
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Continental is set to invest approximately Rs 100 crore in India to boost its production capabilities and broaden its product range for passenger vehicles and light trucks. This investment highlights the company’s commitment to manufacturing tyres tailored for Indian consumers,…
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Tenneco has appointed Mahender Chhabra as Chief Financial Officer of Tenneco India, effective immediately. Chhabra brings over 27 years of finance leadership experience across global automotive and technology companies. He will lead financial strategy, operations, and compliance across Tenneco’s key…
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