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SAT stays Irdai order to transfer Sahara Life Insurance assets to SBI Life

On June 2, Irdai directed SBI Life Insurance to take over policy liabilities of around 2 lakh policies of Sahara Life as the latter failed to comply with the regulatory directions

India likely to witness net outflow of 6500 HNIs in 2023, says study

However, the report said despite the outflow, India's capacity to generate new millionaires and its projected wealth growth makes the situation less concerning

Zydus Lifesciences gets USFDA nod for anti-smoking and arthritis drugs

The stock for Zydus Lifesciences rose 1.52 percent on BSE to Rs 517.70 per share

BAM Digital Realty to set up data centre in Mumbai at Rs 2000 cr investment

Company says its first such facility in India is nearing completion in Chennai

OYO launches 'stay now pay later' programme for Indian travelers

Customers will get credit limit of up to Rs 5,000 which can be settled after 15 days of hotel stay

Zee board to review Sebi order on Subhash Chandra and CEO Punit Goenka

The board is currently reviewing the detailed order and appropriate legal advice is being sought in order to take the next steps as required, Zee Entertainment Chairman R Gopalan said

JLR to invest £3 bn by FY26, shares of Tata Motors DVR hits Rs 300 mark

Shares of Tata Motors DVR rose 2.6 per cent to touch the Rs 301 mark on the BSE in Monday's intra-day trade

FLDG norms may dampen biz volume in segments with higher 5% limit: CRISIL

However, there won't be an overall impact on reported profits as the FLDG amount received will now be reckoned as a part of income

Indian Overseas Bank allows customers to use any name as account number

Public sector lender says the scheme is the first of its kind in the banking industry

Sequoia Capital plans to sell 10% stake in Go Fashion through block deal

The sale of the fashion retailers' shares would be conducted at a floor price of Rs 1,135 a share

Degrees of separation: In 17th LS, 27% of MPs had studied up to Class 12

Profile of present-day Lower House, progression of MP profiles over time bear review ahead of 18th Lok Sabha

CPPIB sells 1.77% stake in Kotak Mahindra Bank; IEX shares slump 10%

Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenues

TVS Credit Services raises Rs 480 crore capital from Premji Invest

The primary capital will be utilised to further strengthen TVS Credit's efforts in expanding its customer base in new markets

VLCC Health Care to acquire men's grooming brand Ustraa for undisclosed sum

"Post merger, VLCC will make further investments to accelerate the growth of Ustraa," VLCC said in its press release

Banks wary of liquidity on ahead of the advance tax outflow and GST

VRRR mop-up equals to value of 85% of Rs 2000 notes returned

Go Digit Life Insurance receives IRDAI's approval to start business

"This is the fourth registration granted by IRDAI in last one year in Life and Non-life segment," it added

Edtech giant Byju's likely to lay off 1,000 more employees, say reports

Media reports suggest these employees are contractual and are part of the sales team

We have $2.5 billion of uninvested dry powder: Peak XV Partners MD

It is a rebrand - Sequoia India and Southeast Asia is now Peak XV Partners. We are very bullish on India and Southeast Asia as a market and we are going to only double down

Shares of Zomato rise above their IPO price after more than a year

Analysts said that there is a renewed interest in new-age companies like Zomato because of the jump in revenues and a clearer path to profitability

Rupee trade volumes likely to get a fillip after RBI's IFSC ruling

So far now only residents outside India were allowed to be sold these contracts