Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set to yield about fifty-three thousand crore rupees from their combined stakes. This groundbreaking investment will set…
Read More
State Bank of India has named Sunil Agrawal its new Chief Financial Officer, bringing with him a wealth of experience from his 27 years at LIC. His role as key managerial personnel highlights his expertise in financial planning and regulatory…
Read More
The Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg’s firm Eraaya Lifespaces acquired US software company Ebix using these funds. Money was routed through overseas structures and investment mechanisms. The agency has attached assets worth over…
Read More
During the meeting, the Indian side shared details of the country’s Digital Public Infrastructure for labour, including the National Career Service Portal and the e-Shram Portal, described as the world’s largest database of informal sector workers.
Read More
To ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks of essential parts. The ongoing crisis in West Asia is driving up raw material costs, with shipping lines warning of longer…
Read More
The India-Japan Fund will invest ₹200 crore in Ather Energy. Hero MotoCorp is also investing ₹960 crore in the funding round. Ather founders and other promoters will invest ₹20 crore each. These funds will support research, marketing, and expansion projects.…
Read More