Bs Reporter

GCMMF, Mother Dairy to increase milk and milk product prices by ₹2

This revision is only a partial pass through of increased costs and is aimed at maintaining a fair balance between farmer welfare and consumer interests, Mother Dairy's spokesperson said.

HDFC Life declares record Rs 4,596 crore bonus for policyholders

Life insurer says the bonus will benefit 22.2 lakh participating policyholders, with a major portion to be paid out during FY27

Sebi rejects Bajaj Hindusthan's jurisdiction plea in fund diversion probe

Market regulator says forensic audits cited by Bajaj Hindusthan did not examine accounts through which alleged fund diversion was carried out

Trilegal appoints Sandeep Ghosh as its first chief executive officer

Law firm says appointment marks a key leadership transition aimed at strengthening operational capabilities and supporting long-term institutional growth

Kishore Biyani, two other officials fined ₹50 lakh for disclosure lapses

Apart from Kishore Biyani, who was chairman and managing director, other top executives of the company penalised by Sebi are former MD Rakesh Biyani and the ex-CFO CP Toshniwal

CII elects Tata Chemicals chief R Mukundan as president for 2026-27

Tata Chemicals MD and CEO R Mukundan succeeds Rajiv Memani as CII president, while Suchitra Ella and Shashwat Goenka join as office bearers

PE investors to sell 4.3% stake in Groww parent through block deal

Peak XV Partners, Sequoia Capital and Ribbit Capital plan to pare holdings in Groww's parent through a block deal worth up to Rs 4,750 crore

Sebi mulls allowing depositories to use IPF income for specific expenses

Market regulator says excess expenses beyond the proposed limit must continue to be borne by depositories and unused amounts returned to the IPF corpus

BofA Securities India settles alleged insider trading matter with Sebi

BofA Securities India has settled alleged violations related to insider trading and merchant banking regulations with Sebi after paying ₹58.5 lakh

Sebi proposes green-channel route to speed up AIF scheme launches

Sebi has proposed easing filing norms and reducing timelines for alternative investment fund scheme launches under a green-channel mechanism

RBI and ECB renew cooperation framework with updated MoU in Basel

The updated MoU between the RBI and ECB will facilitate regular information exchange, policy dialogue and technical cooperation in areas of mutual interest

Urban Company's loss widens to ₹161 crore despite strong revenue growth

The home-services platform reported a 43% rise in quarterly revenue as transaction volumes hit a multi-year high

Rajnath Singh asks armed forces to preserve 'element of surprise'

Defence Minister Rajnath Singh urged the armed forces to strengthen AI, cyber, and autonomous capabilities while maintaining strategic unpredictability

Indiabulls Real Estate entities settle matter with Sebi for ₹10.5 crore

Sebi settled proceedings against four entities linked to Indiabulls Real Estate after they collectively paid Rs 10.5 crore in a fund diversion case

SBI plans up to $2 billion overseas bond raise; board meet on May 12

SBI's board will meet on May 12 to consider raising up to $2 billion through public offers or private placements of foreign currency bonds in FY27

Mahindra Lifespaces launches Rs 1,650-crore premium Mumbai project

Mahindra Lifespace Developers has launched Mahindra BeaconHill, an ultra-premium residential tower in Mumbai's Mahalaxmi with a GDV of Rs 1,650 crore

Markets rally on hopes of easing US-Iran tensions and lower crude prices

Indian equities rose sharply alongside global markets as hopes of easing US-Iran tensions and softer crude oil prices boosted investor sentiment

MFIN flags rise in false loan waiver campaigns, backs RBI advisory

MFIN has backed the RBI's advisory against misleading loan waiver campaigns amid rising misinformation and borrower mobilisation efforts in parts of North India

GCC NRIs raise India equity bets; Motilal Oswal AMC gets NPS fund nod

GCC-based NRIs are increasing exposure to Indian equities while real estate sees outflows, as Motilal Oswal Asset Management Company enters the NPS pension fund space

Kumar Mangalam Birla appointed as Non-Executive Chairman of Vodafone Idea

Board appoints KM Birla as Non-Executive Chairman as Vodafone Idea benefits from AGR relief and prepares for fundraising and network expansion