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Ex-L&T Infotech CEO Sanjay Jalona joins ChrysCapital as operating partner

Sanjay Jalona will be based in the US, look after investments in the business services sector

RBI imposes Rs 57.75-lakh penalty on Suryoday Small Finance Bank

"This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon validity of any transaction or agreement entered into by the bank with its customers," RBI said

Over 40 mn cases pending in lower courts: Kiren Rijiju in Rajya Sabha

"No time-frame has been fixed for disposal of cases. It (disposal) depends on several factors," the minister said

Fitch downgrades Jubilant Pharma to "BB-" indicating higher default risk

Rating agency foresees firm's financial leverage worsening as a rise in capex will coincide with lower profitability

Ashok Leyland tie up with Adani Capital for strategic financing partnership

Adani Capital will work towards catering to the customers' needs through CV loans with easy monthly repayment plans, best suited for customers

India's preventive healthcare market projected to touch $197 bn by 2025

India has traditionally focused on curative care as opposed to preventive care

HUL MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur

HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre

Mahindra & Mahindra reveals new Scorpio-N's automatic, 4WD prices

Mahindra will open bookings on July 30 and the prices are applicable only for the first 25,000 buyers

'A true gentleman': TCS condoles demise of former CFO V Ramakrishnan

V Ramakrishnan was the CFO of TCS since 2017 and retired from the position in April 2021

Amid rising investor interest, Sebi mulls regulating online bond platforms

The consultation paper has proposed regulations to address the risks flagged by the regulator

SAT relief for news broadcaster NDTV, fine slashed to Rs 10 lakh

The tribunal also slashed penalties imposed by the market regulator terming them 'excessive'

JSW Energy net profit jumps 179% to Rs 560 crore on higher revenue

In the quarter under review, revenue rose 68 per cent year-on-year (YoY) to Rs 3,115 crore from Rs 1,860 crore last year

Future Ent to quantify receivables from FRL and submit claims before IRP

The National Company Law Tribunal on Wednesday ordered insolvency resolution proceedings against Future Retail

RBI reschedules next MPC meet to Aug 3-5 due to 'administrative exigencies'

The last time an MPC meet was rescheduled was in February 2022 after the demise of renowned singer Lata Mangeshkar

RBI renews statement of commitment to global code on best market practices

The FX Global Code, developed under Bank for International Settlements, Basel, compiles the practices formulated by central banks worldwide

FitterFly raises $12 mn in series A funding led by Amazon Smbhav, Fireside

The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes

First Cheque closes second fund at Rs 38 cr, plans to invest in 50 startups

First Cheque aims to be the earliest institutional capital available for founders and seeks to achieve this by investing at the pre-seed stage

Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop

Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped

Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%

Consolidated net sales rose 15.1 per cent to Rs 7,943 crore in the April-June period versus the same period last year

Cross-border payment: Four firms complete test in RBI's 2nd sandbox cohort

The four entities are: Cashfree Payments, Fairex Solutions, Nearby Technologies, and Open Financial Technologies