Banking And Finance
RBI imposes restrictions on Mogaveera Co-operative Bank for 6 months
Mumbai: The Reserve Bank has imposed several restrictions on , Mumbai, including capping withdrawals at Rs 1 lakh, amid its deteriorating financial position. The restrictions are effective from the closure…
Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?
The first advance tax instalment deadline of FY 2026-27 falls on June 15, by which eligible taxpayers are required to pay a portion of their estimated tax liability for the…
Govt flags AI-driven identity fraud risks in banking, fintech sector: What you can do to protect your money
The central government has cautioned banks, fintech companies and consumers about the growing use of artificial intelligence in identity-related , warning that cybercriminals are deploying deepfakes and synthetic identities to…
GIC’s common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MD
New Delhi: ‘s (GIC) move for common empanelment of hospitals is going to be beneficial for all stakeholders, including policyholders, removing friction points between insurers and hospitals, MD and CEO…
Market
Bonfiglioli, Casagrand, 2 others get SEBI nod to launch IPO
Market regulator SEBI has cleared draft papers of four companies – Bonfiglioli Transmissions, Casagrand Premier Builder, Bombay Coated & Special Steels Ltd and Swaraj Green Power and Fuel Ltd –…
Markets clock biggest two-month gain on US-Iran truce hopes
Hopes of a US-Iran truce and expectations of a broader peace deal, combined with softer crude prices, fuelled the rally in the Indian equity market, marking the highest single-day gain…
SpaceX stock jumps to $164, becomes sixth-largest US company by valuation
Shares of SpaceX surged on their market debut, opening at $150 against an IPO price of $135 and later climbing to $164, propelling the Elon Musk-led company to become the…
What Elon Musk’s $1 trillion wealth means in real terms
Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once…
Market
Tata Sons board approves FY26 accounts, discusses operating plan
: The board of Tata Sons, which met on Friday, approved the annual accounts for FY26 and discussed the broad operating agenda for the current financial year, according to sources…
Meesho acquires Kirana Club in ₹202 crore deal to deepen presence with kirana retailers
E-commerce marketplace Meesho is set to acquire Kirana Club and its Indian subsidiary Retail Pulse Labs in a ₹202 crore transaction, marking a strategic push to strengthen its presence among…
Ace investor Vandrevala eyes clean food sector after sale of Good Culture for $500 million
Billionaire investor Cyrus Vandrevala targets his next growth-equity focus into health-forward food following the $500 million-plus sale of Good Culture. Vandrevala’s move aims at tapping into the rising global demand…
Nestle India rejects Maggi infestation claims after FSSAI notice, says ‘yet to receive complaint sample’
Nestle India on Friday dismissed claims of insect contamination in a Maggi noodles pack after the Food Safety and Standards Authority of India (FSSAI) flagged online grievances and sent an…
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