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YES Bank names S Anantharaman as CRO to strengthen risk management

YES Bank appoints S Anantharaman as Chief Risk Officer to oversee enterprise-wide risk, including credit, market, and operational frameworks

Inox Clean Energy acquires Vibrant Energy at ₹5000 cr enterprise value

Inox Clean Energy acquires Macquarie-owned Vibrant Energy for about ₹5,000 crore, boosting its portfolio and strengthening its presence in the C&I renewable segment

Niyo Forex enters Chennai to tap Tamil Nadu's outbound travel demand surge

Niyo Forex launches Chennai branch as part of its expansion plan, targeting Tamil Nadu's outbound travel and remittance demand with a phygital model and wider service network

Paisabazaar gets adverse order under Benami Property Transactions Act

PB Fintech subsidiary receives adverse order under Benami law; company says it will appeal and sees no immediate financial impact

Magnum Ice Cream Company completes 61.9% stake buy in Kwality Wall's

TMICC completes acquisition of majority stake in Kwality Wall's India from Unilever, with mandatory tender offer underway and listing to continue on Indian bourses

RBI defers acquisition financing, capital market norms to July 1

Central bank extends deadline by three months after industry flags operational and interpretational issues; also clarifies rules on acquisition finance and capital market exposure

Bharti Airtel, Carlyle, Alpha Wave to invest $1 billion in Nxtra Data

Consortium investment to value Nxtra at $3.1 billion as Airtel scales AI-ready data centres and targets 1 GW capacity amid rising demand for digital infrastructure

BlackSoil extends ₹40 crore debt funding to Indifi for SME expansion

BlackSoil Capital invests Rs 40 crore in Indifi to strengthen SME lending capabilities and support expansion of digital credit solutions for underserved businesses

Burman family raises stake in Religare Enterprises to nearly 30%

Family crosses 30% stake in Religare Enterprises through open market purchases, with potential to exceed 34% after warrant conversion next year

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