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India launches Operation Sindhu to evacuate its citizens from Iran

As part of Operation Sindhu, 110 Indian students were evacuated from northern Iran to Armenia and flown to Delhi; the government continues efforts amid West Asia tensions

IndusInd Bank gains 5% as Nomura upgrades the stock to 'Buy' category

Nomura upgrades IndusInd Bank to 'Buy' citing governance reset, RBI comfort and expected leadership change; sees 1.1x FY27 book value, targets ₹1,050

Banks' supervisory data quality index improved in March 2025, says RBI

RBI reports sDQI for scheduled commercial banks improved to 89.3 in March 2025; small finance banks scored above 90, reflecting higher data accuracy and compliance

OpenAI brings image generation feature for all through ChatGPT on WhatsApp

The free image generation tool from ChatGPT is now available on WhatsApp in all regions where ChatGPT is supported, building on previous AI and memory features

Oswal Pumps IPO subscribed 34 times; QIBs bid 88 times the quota

The ₹1,387-crore IPO saw strong interest from institutional and HNI investors, with proceeds earmarked for expansion, subsidiary investment, and debt repayment

Bata Group names Panos Mytaros global CEO, replacing Sandeep Kataria

Mytaros, former ECCO CEO, to join Bata on 15 September as global chief executive, as Sandeep Kataria steps down after leading the firm through a key transition

Meesho gets NCLT approval to relocate to India, clearing path for IPO

E-commerce company to combine its US unit with its Indian business in a move that may cost $288 million in taxes; part of a growing trend of startups moving back to India before going public

Myntra's End of Reason Sale sees 2X order spike, led by non-metros

Myntra sees order volumes double in EORS 22, with Gen Z, beauty, wearables and shoppers from Tier 2 and 3 cities driving record demand and high regional traction

Cordelia Cruise owner files DRHP, NSEIX inks MoU with CSE, and more

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to invest $60 million in Motilal Oswal Alternates' India Business Excellence Fund V G

Mphasis signs Sixfold deal to boost underwriting through generative AI

Mphasis to integrate Sixfold's generative AI tools to help global insurers speed up underwriting, enhance accuracy and improve contextual risk decision-making

Oswal Pumps IPO subscribed 1.6x; strong HNI demand ahead of close

Qualified investors subscribe 27 per cent, wealthy investors 4.5 times, and retail investors 1.1 times as Oswal Pumps IPO nears close with ₹416 crore anchor backing

Fidelity marks up Lenskart to $6.1 bn ahead of planned $10 bn IPO

Fidelity raises Lenskart's valuation to $6.1 billion as the eyewear startup prepares to go public with a $1 billion raise and a target valuation of $10 billion

Prolonged Israel-Iran conflict may impact Basmati exports: Experts

Iran is one of the top buyers of Indian basmati rice; traders warn exports may take a hit if the Israel conflict continues and diplomatic tensions escalate

Brnd.Me sells MensXP parent ILN to RPSG Group in portfolio overhaul

Brnd.Me sells India Lifestyle Network, which owns MensXP, to RPSG Group in a reported $9 million deal as part of a strategic move to focus on core consumer brand verticals

Credai, Adani Cement tie up for workforce skilling, green construction

Credai has joined hands with Adani Cement to promote sustainable building practices and launch councils focused on workforce skilling and green development in real estate

SBI hires 505 probationary officers to boost delivery across India

SBI recruits 505 probationary officers as part of its 18,000-person hiring drive to enhance process and delivery nationwide, with a focus on skill development and service

K Ramachandran appointed part-time chairman of Tamilnad Mercantile Bank

TMB board appoints veteran banker K Ramachandran as Additional Director for three years and clears his name for part-time chairman, pending RBI approval

Cyril Amarchand appoints Iqbal Khan as partner in its corporate practice

Iqbal Khan joins Cyril Amarchand Mangaldas as Partner in the Corporate Practice, bringing deep transactional experience across sectors to the firm's Mumbai office

Life insurers' new business premium up 13% in May; non-life firms rise 6.3%

Standalone health insurers record nearly 10% Y-o-Y growth at Rs 2,916.75 cr

Oswal Pumps raises ₹416 crore from anchor investors ahead of IPO

Company allocates 67.78 lakh shares at ₹614 each to anchor investors including ICICI Prudential, Kotak MF and BNP Paribas; IPO opens June 13 and ends June 17