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The ECL model will not dent profits much: Karur Vysya Bank MD & CEO

We will test the waters, ferret out information through our business correspondents, and only then open a branch: B RAMESH BABU, Karur Vysya Bank MD & CEO

CNG vehicles gear up for a long ride with regulated prices, strong demand

With regulated prices and its designation as a 'clean fuel', this segment of the transport industry could accelerate

TPG will remain strong partner in insurance, new ventures: Shriram Fin head

In a Q&A, Umesh Revankar says no move by Piramal Group and TPG to sell stake in insurance biz for now

May textile exports dip over 12% as demand from Europe, US declines

Industry experts, however, foresee a reversal in the declining trend by July owing to moderating cotton prices and inflation in the West

Bharat Petroleum exercises RoFR to buy Videocon Oil's Brazil assets

Earlier, lenders had given conditional nod to sell 3 basins to Eneva, PetroRio

Tamil Nadu eyes $6 bn investment in EVs, 150,000 jobs in five years

This comes after the state attracted nearly Rs 24,000 crore in investments in this space, creating almost 48,000 jobs during the pandemic period

CAD may narrow to below 2% of GDP in FY24: CEA V Anantha Nageswaran

India 'well covered', equipped to tackle El Niño impact: CEA

Ignition of change in electric vehicle battery ecosystem in India

Manufacturers are gradually emerging in a business dominated by assembly operations

Renault India achieves 1 mn production milestone, targets 2-mn mark by 2030

French automaker's alliance with Renault SA plans to invest Rs 5,300 cr in India

PE funds investment in warehousing saw 45% rise in 2022, shows data

This comes when total leasing of warehousing space in India increased from 51.3 million square feet in 2022-23, compared to 51.2 mn sq ft in 2021-22

Boom Motors renamed to Bharat New-Energy Company, launches inhouse battery

The company is also working on a portable fast charger that can plug into a standard three-pin 16A socket and charge the battery in two hours

Indo-German JV launches its first satellite on SpaceX Falcon 9 rocket

Azista BST aims to mass manufacture satellites in India for the global market

Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unit

The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work

Amara Raja targets 150% rise in lead acid battery sales, plans expansion

The company is looking to increase the capacity of four-wheeler batteries from 19 million units now to 24 million units in the next three years

Star Health founder Venkatasamy Jagannathan resigns from company's board

From paying Rs 30K rent to nursing insurer to Rs 30K cr in m-cap, founder V Jagannathan resigns from company board - but his job is not over

FLDG guidelines: Digital lending industry seeks increase in default cover

Several players say default cover of up to 5% of loan portfolio may not be enough when compared to 100% offered by companies to banking partners earlier

RBI comes out with framework to permit default loss guarantee to fintechs

Followed by the RBI decision, fintech companies were forced to look at alternate options like co-lending small ticket loans, co-branded partnerships and revenue-sharing models

Monetary policy review: CBDC QR codes likely to be interoperable with UPI

RBI plans to have 1 mn active customers by June-end

MSP increase to impact CPI inflation by 10-12 basis points, says RBI

'Banks have been cautious. I think there is still some amount of liquidity sitting there', said Das

CBI probe recommended into Odisha train accident, says Ashwini Vaishnaw

MHA assisting us, no officers absconding right now: Railway Board