Bs Reporter

ITA seeks West Bengal tea policy push for Darjeeling, Dooars-Terai

White papers seek financial support, tea-area rejuvenation, factory modernisation and trade reforms to revive production, protect livelihoods and attract investment in North Bengal

Infosys gives 70% variable pay for Q1 amid challenging demand environment

The average variable payout remained unchanged from the fourth quarter but was lower than the 80 per cent paid for the same period last year amid macroeconomic volatility

Govt appoints Mathew, Sinha, Akbaruddin as part-time RBI board directors

Annie George Mathew, Janmejaya Sinha and Syed Akbaruddin have been appointed part-time, non-official directors on the RBI's central board for four-year terms

Amfi announces initiatives to deepen mutual fund penetration

Amfi will conduct workshops and awareness programmes targeting women, first-time investors and underserved communities, while training 10,000 mutual fund distributors

NCLT admits Reliance Entertainment Studios to insolvency over ₹11.94 cr

Mumbai bench holds Rs 20 crore paid by Pen India towards film release as financial debt under IBC, imposes moratorium and appoints interim resolution professional

India's credit footprint expands as new states emerge as growth centres

Credit growth is shifting from traditional strongholds such as Tamil Nadu and Maharashtra towards Uttar Pradesh, Bihar and Madhya Pradesh, but penetration still trails developed markets

Sebi permits digitally signed power of attorney to ease FPI onboarding

Sebi eases FPI onboarding with digital powers of attorney, while Gaja Capital's IPO gains traction and NSE weighs allowing its shares to trade on its own platform

Govt reappoints Anand Mahindra to RBI Board; Somanath Panicker joins

Both will serve as part-time, non-official directors for four years from August 20, 2026, or until further orders, whichever is earlier

What are the best interest rates available for home loans?

Here are the interest rates for various loan amounts across public and private sector banks, as well as non-banking housing finance companies

SMBC investment strengthens Yes Bank's institutional positioning: Lender

SMBC's 24.9 per cent stake brings strategic value through enhanced corporate banking capabilities, governance practices, risk management and cross-border opportunities

Sebi bars six from selling Dhenu Buildcon shares over alleged manipulation

Regulator alleges artificial fund rotation was used to boost company value and secure preference shares, while imposing restrictions on corporate actions

Shiprocket, Behari Lal Engineering shares surge after strong market debut

Shiprocket and Behari Lal Engineering made strong market debuts, while Symbiotec Pharmalab set its IPO price band and Lalithaa Jewellery's issue saw 62.97x subscription

Siguler Guff raises $500 mn fund to invest in India's mid-market firms

The fund will focus on high-growth, founder- and family-owned businesses benefiting from domestic consumption across consumer, health care, financial services and technology

Milky Mist shares gain 30%; India Exposition Mart files DRHP with Sebi

Milky Mist Dairy Food makes a strong market debut, while India Exposition Mart files for an IPO and Augmont Enterprises sets a price band for its public issue

Jio-BlackRock rolls out MF plans; Lalithaa Jewellery IPO booked 0.68x

Regular plans come with higher expense ratios as they pay commissions to distributors

Svatantra Microfin files papers with Sebi for ₹3,000 crore public offer

The proposed IPO comprises a fresh issue and an offer for sale of Rs 1,500 crore each; fresh proceeds will be used to augment the microfinance lender's Tier-I capital

Tata, NIBE to arm Army with loitering munitions under Rs 1,577-cr deal

The procurement is in line with the Army's recent reorganisation into new frontline formations-the 'Rudra' all-arms brigades, 'Bhairav' light commando battalions, and 'Shaktibaan' artillery regiments

Bank deposit growth hits highest since December 2016 at 15.4%: RBI data

Aggregate deposits rose by Rs 6.61 trillion in the fortnight ended July 31, while bank credit growth accelerated to 19.3 per cent, its highest since May 2024

TCS & Rolls-Royce achieve milestone in hydrogen propulsion programme

The companies demonstrated the operation of a modern aero gas turbine across a fully simulated flight cycle using 100 per cent hydrogen, including take-off and landing

India sees sharp expansion in retail, MSME credit access since 2021

Retail bureau coverage rose 1.7 times to 78.9 crore borrowers by 2026, while active MSME borrowers more than doubled to 1.9 crore over the five-year period