Page 2 - Bs Reporter

Jubilant FoodWorks flags limited impact from commercial LPG shortage

Domino's operator says LPG supply constraints due to West Asia tensions have had limited impact so far, as it shifts towards alternative energy sources like PNG and electricity

EPL to merge with Indovida, creating $2 billion packaging platform

The merger will create a $2-billion packaging platform combining flexible and rigid capabilities, with a strong focus on emerging markets and global expansion

MP govt withdraws five-year ban on Bank of Baroda within 24 hours

The state government reversed its five-year ban on Bank of Baroda within a day, following the lender's representation over alleged lapses in fund transfers under a state scheme

ICICI Pru MF reclassifies its thematic advantage FoF; Sebi nod to 6 IPOs

The three IPOs that closed on Friday managed to scrape through, even as fresh turbulence gripped the secondary market

RBI plans cross-border revamp, lighter rules for small payment firms

RBI's Payments Vision 2028 proposes reforms in cross-border payments and a lighter regulatory framework for small payment firms to boost innovation and efficiency

RBI imposes penalties on Union Bank, Central Bank, Bank of India, Pine Labs

The Reserve Bank of India has imposed monetary penalties on four entities for regulatory non-compliance, citing lapses in KYC norms, PSL rules and electronic transaction handling

EaseMyTrip co-founder buys ₹15.9 cr penthouse in DLF's Mumbai project

Rikant Pittie acquires a luxury penthouse in DLF's Andheri West project for Rs 15.9 crore, marking one of the highest per square foot transactions in Mumbai's western suburbs

CSM Technologies wins 'Tech Excellence in GovTech' at Nasscom awards

CSM Technologies wins 'Tech Excellence in GovTech' at NASSCOM SME Inspire Awards 2026, highlighting its role in advancing digital governance platforms

Sunita Maheshwari reappointed independent director at HDFC Bank

HDFC Bank has reappointed Sunita Maheshwari as an independent director for three years, subject to shareholder approval, strengthening its board composition

Goldman Sachs downgrades Indian equities, cuts Nifty target to 25,900

Goldman Sachs has downgraded Indian equities to marketweight, citing high energy prices and macro risks, and cut its Nifty target to 25,900

What are the interest rates senior citizens can get on fixed deposits?

Senior citizens get a slightly higher rate of interest on fixed deposits across public and private banks, as well as NBFCs

Sebi widens auditor pool for investment advisers, research analysts

Regulator allows cost accountants to conduct compliance audits, easing capacity constraints and expanding flexibility for investment advisers and research analysts

Kotak Mahindra Bank files police complaint in Panchkula FD fraud case

Bank begins reconciliation of municipal deposits, says accounts followed due process; probe comes amid broader scrutiny of deposit irregularities in Haryana

Govt planning 'special session' to amend women quota Act: Opposition

Cabinet skips Women's Reservation Act amendment as Opposition alleges a special Parliament session plan, raising concerns over census, delimitation, and Lok Sabha expansion

Sebi proposes IT resilience index for market infrastructure institutions

Regulator seeks to standardise metrics and strengthen oversight of critical IT systems across market infrastructure institutions, including exchanges and depositories

MUFG's $4.4 billion investment in Shriram Finance wins CCI approval

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

Network18 appoints Raj Jain as independent director for five years

Former Times Group CEO joins Network18 board as additional independent director, bringing multi-platform media leadership experience

Daimler Truck Innovation Centre appoints Radhakrishnan Kodakkal as CEO

Former Whirlpool executive to lead engineering and digital capabilities at Daimler Truck Innovation Center India, succeeding Raghavendra Vaidya

Irdai asks insurance companies to keep branches open on March 31

Regulator directs insurers to maintain normal working hours on financial year-end to avoid inconvenience to policyholders

Kotak Mahindra Bank to absorb KMIL business into bank from April 2026

Kotak Mahindra Bank to absorb KMIL operations from April 2026, simplifying structure and aligning with Reserve Bank of India norms