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Regulated entities to follow new IT framework from April 2024: RBI

The framework will specify the roles and responsibilities of the board of Directors, board level Committee and Senior Management

TVS ILP announces strategic partnership with Lingotto via stake sale

Lingotto will get a 21 per cent shareholding in logistics giant that is part of TVS Mobility Group

Honasa Consumer IPO gains 4% on market debut, value hits Rs 10,850 cr

Many on the Street had raised concerns over Honasa's valuation and profitability track record

TVS Supply Chain Solutions posts loss of Rs 22 cr in Q2; revenue down 16%

The company's revenue from operations during the quarter under review was seen at Rs 2,262.9 crore, down 16 per cent compared to Rs 2,680.8 crore during the same period in 2022-23

'Every adult should be able to avail of credit through DPI by 2030'

Aadhaar has enabled every Indian to have a digital identity, DPI would enable every Indian to get on board with digital transactions, said Rajesh Bansal, CEO of RBI

PNB Housing Finance aims expansion in affordable housing, 60 more branches

PNB Housing Finance on Monday inaugurated its first all-women branch in the country

Adani Energy Solutions Q2 results: Net profit rises 33%, revenue up 15.3%

The rise in consolidated revenue, the company said, was on account of newly commissioned transmission lines and other related commissioning

Ashok Leyland delivers AVTR 1922, India's first LNG-powered haulage truck

With this, Ashok Leyland becomes the first Indian Original Equipment Manufacturer (OEM) to unveil an in-house LNG engine compliant with BS VI Stage II emission standards

IIT Madras establishes first international campus in Tanzania's Zanzibar

This historic initiative is being undertaken as part of the Government of India's endeavour to take the top-quality education system of India to international arenas

Sundram Fasteners Q2 results: Net profit rises 14% rise to Rs 133 crore

The consolidated earnings per share for the quarter amounted to Rs 6.28, compared to Rs 5.49 in the corresponding period last year

ESAF SFB IPO subscribed 1.74 times; Upstox settles matter with Sebi

Sebi had issued a showcause notice to the stockbroker in January 2022 for alleged violations of the cyber security and cyber resilience framework

From IRFC to Polycab India, eight stocks move up the ladder to largecap

Shriram Finance, Union Bank of India, Indian Overseas Bank, Rural Electrification and Power Finance are the other stocks in pole position to make it to the large-cap universe

Protean eGov Technologies raises Rs 144 crore from anchor investors

The price band for the IPO is Rs 752-792 per share. Allotment to anchor investors was done at Rs 792 apiece. At the top-end, Protean is valued at around Rs 3,200 crore

Competition Commission of India launches market study on cement sector

CCI said that some of the objectives of the study are to study the market trends including movements in cement price, cost, production, capacity, capacity utilisation and profitability

TPEM's Avinya series of vehicles will be manufactured at Sanand 2 facility

The Sanand 2 plant would be operational by the fourth quarter of FY24

ASK sets price band; Old Bridge Capital files papers for MF offering

Old Bridge Capital Management, which rece­ived the mutual fund licence in September, has filed papers with Sebi for its first scheme

Mamaearth parent Honasa Consumer IPO subscribed nearly 7.6 times

The qualified institutional buyer portion of the issue was subscribed 11.5 times, with over 80 per cent of the bids coming from overseas investors

Adani Power Q2 results: Profit after tax rises multi-fold to Rs 6,594 crore

Sequentially, Adani Power PAT for Q2FY24 was down 24.7 per cent

Adani Enterprises Q2FY24 results: Profit after tax halves to Rs 228 crore

For Q2FY24, Adani Enterprises reported a PAT of Rs 228 crore, 50 per cent lower from a year ago

Dabur appoints former CEC Sushil Chandra as new independent director

Chandra has been appointed as an independent director for a period of five years, subject to the approval of shareholders