Page 13 - Latest News

1 Finance gets Sebi in-principle nod to launch passive-only MF business

The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework

HERC grants parallel distribution licence to Eleven Power for Gurugram, Nuh

Over 830,000 consumers will get a choice of electricity supplier as Eleven Power builds its network, with Rs 4,717 crore investment planned and supply expected from 2027-28

Naval platforms worth ₹2.41 trn accorded AoN, RFP out for four LPDs: VCNS

Vice Chief of the Naval Staff flags AI, advanced propulsion and quantum tech as focus areas ahead of navy's Swavlamban 2026 innovation and indigenisation seminar

Waaree Renewable Technologies Q2 net profit falls over 29% to ₹81 crore

Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to ₹81.48 crore as higher expenses weighed on earnings, even as revenue rose to ₹1,057.84 crore.

CCPA acts against online sale of explosives, delists 3,940 sellers

Dial4Trade and ExportersIndia fined Rs 10 lakh each, while IndiaMART and Justdial face notices as the regulator cracks down on online sales of hazardous explosive substances

Moneyview's first backer eyes India's next 500 million borrowers after IPO

Accel's Subrata Mitra backed the digital lender at a $6 million valuation in 2014. It listed this month at a market value of about $1.01 billion

Govt to launch AgriPV support scheme, 5 GW capacity possible: MNRE secy

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary

ZF expects India sourcing to grow 10-15% annually over next 3-4 years

ZF Group has seen India sourcing rise 20% in three years and expects further growth, citing a 20% cost advantage from Indian suppliers even after shipping expenses

Uttar Pradesh Tourism Policy, 2022: Key features, incentives, eligibility and implementation

The policy is the state government's principal investment and development framework for tourism and hospitality projects

Even Healthcare raises $50 mn in Khosla Ventures-led Series B funding

The managed care company plans to open five hospitals across Bengaluru over the next six months as its valuation triples from its previous fundraise, taking total funding past $120 million.

Union Bank of India Q2 net profit rises 30.3% to ₹5,537 cr on strong NII

Net interest income grew 20.09% to Rs 10,583 crore, while provisions remained largely unchanged and asset quality improved despite a decline in non-interest income

Rajasthan State Gas launches PNG push in Kota, eyes 'LPG-free' zones

RSGL launches PNG connection drive in Kota under PNGRB's Drive 3 campaign, offering ₹500 worth of PNG incentives to new households until December 31, 2026

Asian Para Games 2026: Mona wins gold in shooting; India's medal tally- 11

Para athletics led India's medal charge on Day 1, contributing three gold medals and three medals across silver and bronze, while shooting para sport and para judo also added to the tally

SGB investors earn 192%, RBI fixes redemption price at Rs 14,614: Details

RBI has fixed the October 19 redemption price at Rs 14,614 per unit, giving investors in the October 2020 tranche a 192% return, excluding interest

Pragyan Ojha succeeds Agarkar as new chief selector; Powar joins committee

The five-member committee led by Ojha will now be responsible for selecting India's men's cricket teams across formats

Sopra Steria leases 4.74 lakh sq ft office space in Noida for 15 years

The French technology company has leased office space at Maconns Grande in Noida's Sector 132 for 15 years at a monthly rent of Rs 3.755 crore, with a 10% escalation every three year

Delhi Lok Adalat on October 25: How to settle your pending traffic challans

Delhi motorists can seek settlement of eligible pending traffic challans at the National Lok Adalat on October 25. Here is how to check eligibility, download the required slip and attend hearing

Signature Global enters senior living with Manasum, eyes ₹575 cr sales

The companies will develop 164 senior living units at Sarvam DXP in Gurugram, with prices starting at around Rs 3.7 crore per unit and handover expected in 48 months

Uttar Pradesh govt approves industrial enclave projects worth ₹480 crore

Uttar Pradesh has approved two industrial enclave projects worth ₹480 crore across 420 acres in Gorakhpur and Banda to strengthen infrastructure, attract investment and generate employment.

Nestle, HUL face FSSAI action over inconsistent, misleading labels

The food regulator flagged a "Flavoured Milk" vs "Proprietary Food" mismatch on Nescafe drinks, and bone-health and "no added sugar" claims on Horlicks