Page 24 - Latest News

RBL Bank eyes on broking, mutual funds to expand capital market presence

Private sector lender RBL Bank is "evaluating" a foray into the broking and asset management space as part of its move to expand capital market activities, a top official said on Wednesday.

Indian Railways records 77.11% punctuality in FY27 so far, says ministry

Indian Railways says punctuality stood at 77.11% in FY27 so far, compared with 69.2% in FY19, citing improved monitoring, timetable rationalisation and infrastructure upgrades

Safety first in road contracts

Penalty regime should be backed by rigorous project appraisal

Policy disconnect

Ambiguity on satellite communication is creating unease

Essar Ports gets LoA for ₹2,276 crore Tuna Tekra terminal in Gujarat

Essar Ports will invest Rs 1,552.57 crore in the Tuna Tekra terminal, which will have an annual cargo-handling capacity of 18.33 million tonnes and four berths at Kandla in Gujarat

Adani Green Energy Q2 profit grows 16% to ₹747 crore, income up 39%

Adani Green Energy reported a 39% rise in total income to Rs 4,520 crore in Q2FY27, driven by capacity expansion and strong operational performance across its renewable energy sites

Mahindra Finance Q2 net profit rises 55% to ₹882 crore on loan growth

Mahindra Finance reported 22% growth in disbursements to Rs 16,499 crore in Q2FY27, while assets under management rose 15% and credit costs declined to 1.6% from 2.2% a year ago

Rajnath Singh to unveil Land Warfare Doctrine at Army Commanders meet

The three-day Army Commanders' Conference began on Wednesday, with Defence Minister Rajnath Singh set to release the Land Warfare Doctrine to prepare the Army for future conflicts.

FSSAI issues notices to Nestle India, Zydus over misleading product claims

FSSAI has issued notices to Nestle India and Zydus Wellness over alleged misleading claims in Lactogen Pro 1, Nan Excella Pro Stage 1 and Complan, seeking scientific evidence to support the claims.

Datanomics: Elderly most vulnerable to stampedes, account for 29% of deaths

The elderly accounted for 28% of stampede deaths in India over the past decade, making them the most vulnerable, while religious gatherings remained a major cause of such incidents.

Netflix India revenue grew 18% in July-September, view hours grew 24%

The streaming platform said India recorded its largest-ever quarter of paid net additions, supported by a strong content slate and its Flipkart loyalty bundle

Tata Power to set up ₹54 crore GCC in Odisha for next-gen energy solutions

Tata Power's new global capability centre in Odisha will develop AI-driven solutions for the energy sector, with an investment of Rs 54.31 crore and plans to create 110 skilled jobs.

SBI probes suspected dark web leak involving 3,897 customer records

The lender said preliminary analysis of around 375,000 dark web records identified 3,897 customer records containing personal information; a detailed investigation is under way

Jane Street appeal: SAT reserves order on plea for additional Sebi records

Jane Street sought order logs and counterparty details from Sebi to prepare its defence against the July 2025 interim order alleging manipulation of the Bank Nifty index.

Zetwerk heads for stock market debut as alumni build manufacturing startups

Ventures founded by former Zetwerk executives are borrowing the company's playbook of orchestrating factories rather than owning them, attracting over $130 million in funding

Not every friction in finance is inefficiency, says RBI DG Swaminathan

RBI Deputy Governor Swaminathan J says checks and balances help reduce fraud and errors, while financial institutions must maintain strong controls as technology reshapes processes

AI will be revenue-accretive, LTTS sees no risk from US PERM: Rajeev Gupta

LTTS CFO Rajeev Gupta says AI-led deals accounted for half of the company's $203 mn large deal wins in Q2FY27, while sustainability and mobility growth support its outlook for a stronger second half

Prosus-backed Ixigo aims to lead India's budget-to-mid hotel OTA market

Ixigo aims to become India's largest budget-to-mid-market hotel booking platform in four to five years, with plans to grow the business by over 100% in the next four quarters.

KENT RO invests ₹250 crore in new lithium battery and inverter business

KENT RO's new energy division has an annual capacity of 3.5 GWh at its Noida plant, with plans to expand to 10 GWh in six months as it enters the energy storage market

HDFC Bank probes alleged leak of confidential information, two under lens

HDFC Bank is conducting an internal review into an alleged leak of confidential information, with two executives potentially identified; action will follow the findings