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Union Bank staff body seeks probe into India@100 book purchase deal

Union Bank of India employees' union flags large-scale book purchases of India@100 by IMF official Subramanian, questions approval process and demands disclosure

IFFCO-Tokio enters surety bonds business to support infra projects

IFFCO-Tokio joins a handful of insurers offering surety bonds to support small contractors and infrastructure projects as segment eyes Rs 3 trillion growth by 2030

Celcius Logistics raises ₹250 cr in Series B to expand to 1,000 cities

With the latest round, Celcius aims to scale its tech-enabled cold chain logistics, enter new sectors, and enhance its presence in over 1,000 cities across India

State Bank of India, Kotak Mahindra Bank shares fall on soft earnings

Shares of SBI closed at Rs 790 on the BSE while Kotak Mahindra Bank's shares closed at Rs 2,085.05

Bank of Baroda cuts home loan rates by 40 basis points for new customers

Bank of Baroda has cut home loan rates by 40 basis points, with revised rates starting at 8 per cent and linked to borrower credit scores; added concessions offered

Defence ministry orders hit ₹2.1 trn in FY25, 92% awarded to local firms

India's defence sector received record orders as FY25 ends, with domestic firms securing 92 per cent of contracts; FY26 outlook brightens with reforms and exports push

Paras Defence, HAL drive Q4 earnings surge in India's defence stocks

Strong fourth-quarter results from private defence firms including Paras Defence and Bharat Dynamics lift sentiment amid expectations of robust FY26 order flows

Chhattisgarh CM lays foundation of India's first AI-based data park

The 5.5-hectare data park in Nava Raipur will support AI services including healthtech and fintech, with the first phase offering 5 MW capacity and future expansion planned

Pahalgam terrorist attack: India curtails water flow on the Chenab

India imposed fresh punitive measures against Pakistan on Saturday, including a ban on the import of goods, suspension of exchange of mails and parcels via air and surface routes

Kotak Mahindra Bank Q4 results: Consolidated net profit down 7.5% Y-o-Y

On a standalone basis, the bank's net profit was down 14% Y-o-Y in Q4

Sebi mulls easing InvIT, REIT norms to boost ease of doing business

The Securities and Exchange Board of India (Sebi) on Friday waived the requirement of seeking specific approvals from the regulator for stock brokers to undertake business in GIFT-IFSC

Bank credit growth slows down further to 10.3%, shows RBI data

Loan growth for commercial banks dipped to 10.3 per cent in the fortnight ended April 18, while deposit growth inched up slightly to 10.2 per cent, RBI data shows

NSE launches Nifty Waves Index; Gift Nifty hits record turnover in April

Priority Jewels files for IPO with Sebi; Nifty Waves Index debuts with 43 media and entertainment stocks; Gift Nifty posts record $100.93 bn turnover in April

State-owned banks' credit share continues downward trend, albeit slower

PSBs' credit share fell by 4 per cent from FY21 to FY25, a slower rate of decline than the approximately 20 per cent between FY11 and FY21

Zoho shelves $700-mn semiconductor chip plant plan: Sridhar Vembu

In June last year, the company had applied for government incentives under the India Semiconductor Mission (ISM) to build a compound semiconductor chip fabrication unit.

ONDC & NRAI working together to shape a robust framework for food business

Several restaurant members had told Business Standard that there could be a tie-up with Rapido

Akzo Nobel grants extension for powder coatings demerger deal execution

Under the revised timeline, all terms and conditions of the original offer remain unchanged

Amul hikes price of fresh pouch milk by ₹2 per litre from Thursday

This is a 3-4 per cent increase in MRP, which the co-operative said is much lower than the average food inflation

Supreme Universal registers ₹174 cr txn for its ultra-luxury property

"We understand the ultra-luxury segment deeply - from refined design sensibilities to what today's discerning customer truly desires," said Sunny Bijlani, joint managing director, Supreme Universal