According to reports, the EOW’s initial probe into IndusInd Bank’s treasury discrepancies has found no evidence of fund siphoning, though investigators have flagged a ~Rs 250 crore entry and questioned six–seven people, with Siddharth Banerjee likely to be summoned and…
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India’s NSO will track household earnings, social assistance, and financial returns. It will provide insights into which communities benefit from welfare programs and identify where gaps in coverage exist.
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A new study reveals that bad maintenance data costs companies millions. Inaccurate supplier records and supply chain gaps lead to costly downtime. Many businesses are now using AI to fix these issues. Better data management and AI integration could save…
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Waaree Energies, India’s top solar module maker, is expanding in the U.S. despite a trade investigation. The company is cooperating with authorities and sees minimal impact. Waaree is investing in U.S. manufacturing, including cell and battery storage systems. The U.S.
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In Samvat 2081, 103 mainboard IPOs raised ₹1.75 trillion, with Stallion India Fluorochemicals, Zinka Logistics Solutions, Quality Power Electrical Equipment, Aditya Infotech and Ather Energy delivering the highest returns for investors, Prime Database data show.
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Japanese lender Sumitomo Mitsui Banking Corporation has no immediate plans to increase its stake in Yes Bank beyond 24.99%. A senior executive stated the bank is focused on contributing to Yes Bank’s board as its largest shareholder and does not…
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