Page 3 - Bs Reporter/workspace/business Standard Web/video

OnEMI sets ₹162-171 IPO price band; issue to open for subscription April 30

Digital lending platform OnEMI sets ₹162-171 price band for ₹926-crore IPO, comprising fresh issue and OFS, with subscription opening April 30 and closing May 5

Johnson Lifts acquires majority stake in Toshiba JV, boosts India presence

Johnson Lifts raises stake to over 80% in Toshiba JV, aiming to strengthen its position in India's premium elevator and escalator market with enhanced growth prospects

AU Small Finance Bank Q4FY26 results: Net profit rises 65% to ₹832 crore

The bank said it filed for the final licence to convert into a universal bank in March 2026 and is awaiting regulatory approval

Sebi must lead KYC simplification across system: Finance Min Sitharaman

Finance Minister Nirmala Sitharaman urges Sebi to simplify KYC, adopt anticipatory regulation, strengthen cybersecurity safeguards, and deepen bond markets to support long-term growth

PropShare Celestia SM Reit slips; PlaySimple files draft papers for IPO

PropShare Celestia lists below issue price, PlaySimple files ₹3,150 crore IPO papers, and SEBI clears four companies for upcoming public issues

SMFG infuses ₹1,075 crore into India NBFC arm to drive next phase

Capital infusion via rights issue to strengthen balance sheet and support digital-led expansion and risk management at SMFG India Credit

Sebi proposes easing rules on handling unpaid client securities framework

Sebi proposes changes to simplify rules on handling unpaid client securities, aiming to reduce operational complexity while maintaining safeguards for investors

IndusInd Bank strengthens board, appoints 2 WTDs, 2 independent directors

IndusInd Bank strengthens its board with key executive and independent director appointments after leadership changes triggered by last year's accounting lapse

SBI General's FY26 profit rises 8.7% to ₹553 crore on premium growth

SBI General Insurance reports modest profit growth in FY26, supported by higher premiums, improved loss ratio, and gains in market share

Small business credit growth slows to 14.9 per cent: CRIF-SIDBI report

India's small business credit portfolio remains resilient at ₹47.8 lakh crore, though growth moderated amid a higher base, even as smaller-ticket loans gained share

ABSL AMC Q4 profit down 18%; Invesco MF launches first equity index funds

AMC earnings, new index fund launches, and a major regulatory settlement highlight shifts in India's mutual fund industry and evolving investor landscape

M&M patent portfolio grows 20-fold over decade on strong R&D push

Mahindra & Mahindra's patent portfolio has expanded sharply over the past decade, with granted patents rising over 20-fold, reflecting a stronger focus on R&D and innovation

RBI approves Vivek Tripathi's elevation as whole-time director of AU SFB

RBI clears Vivek Tripathi as whole-time director of AU SFB, as the lender gears up for growth and a potential transition to a universal bank

Flipkart plans standalone app for Minutes amid q-commerce slowdown

Spin-off of Flipkart Minutes into a standalone app comes as rivals scale up and growth slows in India's crowded quick-commerce market, especially across major urban centres

Net FDI turns positive in Feb after six consecutive months of decline

Net FDI stood at $4.6 billion in February, compared with a negative $703 million in February 2025. In January 2026, net FDI was negative $1.4 billion

WALR transmission higher for private banks than PSBs in easing cycle: RBI

RBI Bulletin shows stronger pass-through of rate cuts to lending rates by private banks than PSBs, though overall transmission across sectors remains robust

What are the best plans that insurers offer for cancer treatment?

With cancer treatment costs rising, insurers are offering specialised plans that provide staged payouts, long-term financial protection and support across diagnosis and recovery

Flow in NRI deposits drops 24% to $11.04 bn in Apr-Feb 2026: RBI data

The total outstanding NRI deposits stood at $167.58 billion as of the end of February 2026

IAF activates emergency-landing facility to demonstrate op readiness

IAF showcases combat readiness with fighter jets landing on UP highway, boosting operational flexibility and emergency response capability

India, Germany agree on defence-industrial roadmap to deepen ties

Defence Minister Rajnath Singh held talks with his German counterpart Boris Pistorius in Berlin on Wednesday. They discussed security and defence issues