India’s Finance Minister, Nirmala Sitharaman, hinted at the possibility of reducing import taxes, contingent upon the absence of harm to domestic industries. This comes in the wake of US President Donald Trump’s criticism of India’s high tariff rates. While acknowledging…
Read More
Nisus Finance Services has received Bombay Stock Exchange approval for its IPO, offering 65 lakh equity shares. Proceeds will enhance infrastructure, obtain licenses, fund expansion in global hubs, and support general corporate purposes and fundraising costs.
Read More
The CBI has filed a chargesheet against former executives of Fedders Electric and Engineering and others for allegedly defrauding a consortium of banks led by SBI of over ₹1,028 crore. The charges include cheating, criminal conspiracy, and forgery.
Read More
Indian households have accumulated a remarkable USD 9.7 trillion in wealth over the past decade, according to a recent report by Morgan Stanley.
Read More
The Supreme Court dismissed SEBI’s appeals against penalties on Reliance Industries and its promoters, which were quashed by the Securities Appellate Tribunal (SAT). However, the court agreed to hear Reliance’s cross-appeal regarding the price manipulation case involving RPL shares
Read More
Reliance Industries, led by Mukesh Ambani, is pivoting towards clean energy by investing heavily in compressed biogas (CBG) plants. This move aligns with India’s push for a gas-based economy and aims to utilize agricultural waste to produce cleaner fuel, potentially…
Read More