Banking And Finance
Jana Holdings to pare Jana Bank stake to repay its bond holders
Kolkata: , the promoter of (JSFB), will be looking to lower its stake to just below 10% from the 17% ownership at present to meet its payment obligations to such…
DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited
All central government employees are awaiting news of the Dearness Allowance (DA) hike effective from July 2026. The Labour Bureau has recently released the May 2026 All India Consumer Price…
8th Pay Commission FAQs: 10 key facts for central government employees in July 2026
The 8th Pay Commission has now moved into an important phase. In July, the Commission has several important meetings scheduled, as detailed on its official website. The 8th Pay Commission…
Don’t worry, banks have shock absorbers: RBI
MUMBAI: The Reserve Bank of India said the and financial system remain susceptible to geopolitical tensions and related shocks, even as an interim peace deal is in place. At the…
Market
Knack Packaging IPO opens today at ₹161-170 price band
The ₹439.50-crore IPO of Knack Packaging opens today at a price band of ₹161-170. Market lot is 88 shares. The offer has reserved up to 50 per cent to qualified…
July set to begin on cautious note for Indian stocks
Markets are likely to open on flat note on July 1, despite positive global cues. Analysts expect the consolidation phase to continue amid sectoral shocks and rotations. Stocks from Information…
Why these 20 stocks, including KPIT, Kotak Bank, will be in focus on Wednesday
Kotak Mahindra Bank has signed a definitive agreement to acquire the retail, private banking and wealth management businesses of Germany’s Deutsche Bank in India for an undisclosed sum. The businesses…
Market
CleanMax’s business from data centres, AI grew 10-fold in two years: Annual report
Data centres are fast emerging as the biggest growth driver for renewable energy developer CleanMax Enviro Energy Solutions, with the company saying orders from the segment have increased nearly ten-fold in the last two years.…
GERC rejects proposal to replace ₹1.50/unit banking charge with 8% energy levy
The Gujarat Electricity Regulatory Commission (GERC) has rejected requests from renewable energy developers to replace the existing banking charge of ₹1.50 per unit with an in-kind levy of 8 per…
Agnikul Cosmos signs MoU with ICEYE for launch of SAR satellites
Space startup Agnikul Cosmos has signed a Memorandum of Understanding (MoU) with ICEYE, a global Synthetic Aperture Radar (SAR) satellite maker, to launch and operate satellites from India. Under the…
75% Oyo parent IPO proceeds to pare debt
Hospitality firm Oravel Stays Ltd, the parent company of Indian travel platform Oyo, plans to raise ₹6,650 crore in an initial public offering, three-fourths of which will be used to…
Axis
