Banking And Finance
RBI imposes penalties on YES Bank, Hinduja Housing Finance
Mumbai: A penalty of Rs 31.80 lakh has been imposed on for non-compliance with certain provisions on ‘Know Your Customer’, the Reserve Bank of India (RBI) said on Friday. The…
Post office savings rules revised: PAN made mandatory for deposits, withdrawals — new regulations explained
The government has updated postal regulations, mandating the Permanent Account Number (PAN) for critical transactions under the Income Tax Rules, 2026. This change aims to streamline for postal savings and…
Income tax calendar for May 2026: Check key dates, deadlines for TDS and TCS
Taxpayers are facing a packed schedule in May 2026 as critical compliance deadlines rapidly approach. From the mandatory deposit of Tax Deducted at Source (TDS) and Tax Collected at Source…
Sebi plans CKYC 2.0 rollout in July: Experts decode impact on investors and borrowers
The chief of the capital markets regulator, Sebi, Tuhin Kanta Pandey, recently said the regulator plans to launch a unified KYC across all financial institutions nationwide by July this year.…
Market
Blackstone-backed Horizon Industrial Parks, 5 others receive SEBI nod to launch IPO
Horizon Industrial Parks, the industrial and logistics infrastructure developer, has received observations from SEBI this week for its proposed IPO, comprising an entire fresh issue of ₹2,600 crore. Besides, five…
Broker’s call: Karur Vysya Bank (Long)
Target: ₹360 CMP: ₹304.55 Karur Vysya Bank has reported another strong quarter, with RoA at 2.1 per cent, driven by 26 bps q-o-q NIM expansion, healthy two quarter recoveries and…
Will new-age companies break into large-cap indices?
India may soon lose out to South Korea and Taiwan in market-cap if the current trend sustains. Buoyed by the artificial intelligence (AI) boom, South Korea’s market value has surged…
India joins global rally, but trails peers on earnings outlook: MOFSL
Indian equities have joined the recent rebound in global markets, with nearly 94 per cent of Nifty and BSE-200 constituents delivering gains in April, yet benchmark indices continue to lag…
Market
Amazon India to ramp up Ashray resting centres network for delivery drivers
Amazon India on Friday said it has plans to scale its network of air-conditioned Ashray resting centres for delivery drivers to 250 by end of 2026. The company said it…
WTiCabs’ ₹1,000 crore target faces stress test as Dubai acquisition hits rough patch
WTiCabs is sticking to its ambitious ₹1,000 crore revenue target for FY26 even as its recent Dubai acquisition has slipped into losses, exposing the risks of the company’s rapid international…
DS Group expands Catch sprinklers portfolio
DS Group has expanded the Catch Salt and Spice portfolio with the launch of new-age seasonings and regionally inspired flavours. The expanded Catch Sprinkler range includes contemporary variants such as…
Swiggy trims losses to ₹800 crore for March quarter
Food delivery and quick commerce platform Swiggy narrowed its quarterly losses in the fourth quarter of FY26 even as growth in its core food delivery business accelerated to a 15-quarter…
Axis
