As government-led infrastructure initiatives reshape India’s urban and industrial landscape, tech-savvy Indian construction players are drawing the attention of global companies involved in the planning, designing, building and managing of infrastructure and real estate.
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The Reserve Bank of India (RBI) levied penalties totaling ₹54.78 crore on regulated entities in fiscal year 2024-25 for statutory violations. These penalties, numbering 353, addressed non-compliance issues like cybersecurity lapses, exposure and IRAC norm breaches, KYC regulation violations, and…
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Sumitomo Mitsui Banking Corporation (SMBC) is seeking RBI approval for a wholly-owned subsidiary, signaling its intent to acquire a controlling stake in Yes Bank. Following an initial 20% stake purchase, SMBC aims to increase its holding to nearly 34%, with…
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Economists anticipate Reserve Bank of India will reduce interest rates this week. This decision comes amid decreasing inflation. Experts await the central bank’s insights on inflation and economic growth. These insights will help determine the duration of the easing cycle.…
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The Securities and Exchange Board of India (SEBI) has confirmed the suspension of LS Industries, its promoter Profound Finance, and four other individuals from participating in the securities markets.
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Coal India has filed DRHPs for IPOs of subsidiaries BCCL and CMPDI, both structured as offers for sale. Proceeds will go to Coal India. CMPDI posted strong FY25 results, aiming to boost market visibility. IPOs will list on NSE and…
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