Page 1313 - Latest News
MFIs see funding fall over 50% in FY25 to Rs 58K crore, seek support line
The industry's fund crunch comes over lenders' fears of asset quality, repayment, and over-leverage, which ties in to the Reserve Bank of India's push for responsible lending
 "MFIs see funding fall over 50% in FY25 to Rs 58K crore, seek support line")
IL&FS to exit Roadstar InvIT, will offload entire 15% residual stake
Infrastructure Leasing & Financial Services (IL&FS) has appointed Axis Bank to scout for potential buyers for its 15.1% stake in Roadstar InvIT
 "IL&FS to exit Roadstar InvIT, will offload entire 15% residual stake")
Stock Market Highlights: Sensex snaps 3-day winning run, ends 388pts down; IT, FMCG dip; PSBs rally
Stock Market highlights on September 19: Sectorally, the Nifty PSU Bank index outperformed, closing with gains of 1.28 per cent
 "Stock Market Highlights: Sensex snaps 3-day winning run, ends 388pts down; IT, FMCG dip; PSBs rally")
MCLR cuts by HDFC Bank, PNB, BoB hint at possible EMI relief this month
HDFC Bank, PNB, BoB, IOB and BOI trim MCLR rates, signalling possible EMI relief for borrowers soon
 "MCLR cuts by HDFC Bank, PNB, BoB hint at possible EMI relief this month")
Dell-Nvidia platform helps Zoho in 'accelerating' AI solutions delivery
Zoho is leveraging the Dell AI Factory with NVIDIA to scale its multimodal LLMs and agentic AI tools, ensuring secure, privacy-first infrastructure aligned with India's data rules
 "Dell-Nvidia platform helps Zoho in 'accelerating' AI solutions delivery")
Teenage goalkeeper Kalmurza makes UCL history with debut penalty save
Kalmurza made some other fine stops but could not prevent a 4-1 loss to Sporting Lisbon
IPO Calendar: 25 new issues to raise ₹6,300-cr next week; 9 firms to debut
In the mainboard segment, nine IPOs are scheduled to open, targeting a combined fundraising of over ₹5,464 crore
 "IPO Calendar: 25 new issues to raise ₹6,300-cr next week; 9 firms to debut")
Singapore police review Viceroy complaint on Vedanta's dividend funding
The Singapore police are reviewing a complaint by short seller Viceroy Research, which claims Vedanta Ltd used a $900 million loan and accounting tactics to fund its 2024 dividend payout
 "Singapore police review Viceroy complaint on Vedanta's dividend funding")
EPFO's new 'Passbook Lite' makes PF tracking easier, claim process quicker
EPFO launches Passbook Lite: Pension manager integrates services under one login and provides summary view of passbooks
 "EPFO's new 'Passbook Lite' makes PF tracking easier, claim process quicker")
Radico up 52% in 7 months; JM Financial initiates coverage with 'Buy' call
JM Financial Institutional Securities initiated coverage on Radico Khaitan with a 'Buy' rating and a target price of ₹3,515.
 "Radico up 52% in 7 months; JM Financial initiates coverage with 'Buy' call")
Do you really need that daily multivitamin? Doctors decode the facts
Multivitamins may seem like a quick fix for busy lives but doctors say they help only in specific cases and can harm when overused
 "Do you really need that daily multivitamin? Doctors decode the facts")
Haaland breaks fresh Champions League mark though Ronaldo's lead remains
The Manchester City striker became the fastest player to score 50 goals in the Champions League in a 2-0 win over Napoli on Thursday
Rashford powers Barcelona to win, De Bruyne denied joy on City return night
With Yamal missing through injury, Rashford a loan signing from Manchester United got a start on his return to England and scored both of Barcelona's goals at St. James' Park
New GST reforms unlikely to put major burden on govt revenue: Crisil
Crisil said that govt has estimated the revenue loss at ₹48,000 crore, which is modest in comparison to last year's ₹10.6 trillion collections
 "New GST reforms unlikely to put major burden on govt revenue: Crisil")
Sony PS5 consoles price drop: Digital edition at ₹44,990, Disc at ₹49,990
Sony is offering a festive season discount of ₹5,000 on both PS5 Digital and Disc editions, available across online and offline retailers from September 22 to October 19
 "Sony PS5 consoles price drop: Digital edition at ₹44,990, Disc at ₹49,990")
Don't combine these: Doctors flag 6 medicine combos that can turn toxic
Popping an antacid with your antibiotic or mixing painkillers with cold syrups may do more harm than good-doctors explain which drug combinations are most dangerous
 "Don't combine these: Doctors flag 6 medicine combos that can turn toxic")
Auto discounts may shrink as GST reforms set to spur demand: Report
Anticipating a recovery in demand and improved earnings, Motilal Oswal has raised its FY26 and FY27 volume growth projections across all key automobile segments
 "Auto discounts may shrink as GST reforms set to spur demand: Report")
India's sugar mills to miss 1 mn tonne export quota, may ship 775K tonnes
After a flurry of deals earlier in the season, India's overseas sugar sales slowed in recent months as supplies from Brazil increased and global sugar futures fell to their lowest level in over 4 yrs
 "India's sugar mills to miss 1 mn tonne export quota, may ship 775K tonnes")
Haier India expects up to 30% growth in festive season aided by GST cuts
Earlier this month, the government, as part of its next-generation GST reforms, reduced the duty on TV screens above 32-inch screen size and RAC from the highest sub of 28 per cent to 18 per cent
 "Haier India expects up to 30% growth in festive season aided by GST cuts")
Hero Realty buys land in Mohali for over Rs 260 cr to build project
Hero Realty is currently developing over 5.2 million square feet of residential projects across Delhi-NCR and Punjab
 "Hero Realty buys land in Mohali for over Rs 260 cr to build project")