(Adds reference to capital requirements in paragraph 3; governance adviser ISS report in 11-13) * CEO candidate of MPS board is former head of state lender CDP * ECB wants…
Author: Admin
Nvidia sell-off extends to third day; stock down 21% from recent peak amid market jitters
Shares of chipmaking giant and ‘Magnificent Seven’ darling Nvidia remained under pressure for the third straight session on Monday, 30 March, falling another 1% to $166.21 apiece. The stock was…
India taps new sources to plug fertilizer gap ahead of kharif season
New Delhi: India currently has around 18 million tonnes (mt) of fertilizer in stock, compared with the 39 mt required for the upcoming kharif season starting in June, a senior…
Govt announces small savings schemes interest rates for April-June 2026: Here’s how much you get for PPF, NSC, deposits
The government today kept interest rates unchanged for various small savings schemes, including the public provident fund (PPF) and national savings certificate (NSC), for the eighth straight quarter, beginning 1…
When do banks deduct TDS on interest income? ₹50,000 rule explained
As the new Income Tax Act 2025 is set to come into effect on 1 April 2026, the Central Board of Direct Taxes () on Monday issued a clarification on…
XED, India’s first GIFT city IPO, withdraws issue after weak demand
March 30 (Reuters) – XED Executive Development, the first company from India’s low-tax to launch an initial public offering, has withdrawn the IPO after delays with customer verification and weak…
Airtel data centre arm Nxtra to raise $1 billion investment
Bharti Airtel Ltd on Monday announced a $1 billion investment in its data centre arm, Nxtra, alongside Alpha Wave Global, Carlyle, and Anchorage Capital, to expand its network in the…
SECI inks 7.24 lakh tonnes/ year green ammonia supply agreements with fertiliser films
The Ministry of New and Renewable Energy (MNRE) said on Monday that the Solar Energy Corporation of India (SECI), acting as an intermediary aggregator, executed Green Ammonia Sale Agreements (GASA)…
Air Canada CEO to retire this year, board looking for next leader: Who is Michael Rousseau, why is he on the way out?
Air Canada on 30 March announced that President and CEO Michael Rousseau will retire from the role by the third quarter of this year. The board in its statement added…
Jubilant FoodWorks will not renew Dunkin franchise deal
Jubilant FoodWorks on Monday said that it has decided not to renew development rights agreement for Dunkin and will exit this franchise agreement for India by end of 2026. It added that…