Bs Reporter

UCB directors must probe management to boost governance: RBI's Swaminathan

RBI advises UCB directors to ask tough questions to senior management to ensure ethical, transparent, and prudent operations, aiming to prevent distress in the banks

Private sector bank chiefs take home hefty compensation cheques in FY25

Public sector banks' chiefs trail far behind, with the chairman of SBI, India's largest lender, earning a fraction of what private sector banks' chief executives make

IFC announces equity investment of $20 million in Transvolt Mobility

IFC makes its first-ever equity investment in an EV platform, investing $20 million in Transvolt Mobility to help scale its electric fleet and create 8,200 jobs over the next five years

India's retail asset-backed securities market shows potential for growth

The retail asset securitisation market is poised for moderate growth in FY26, as indicated by the volumes of ₹52,000 crore in Q1FY26 and a notable shift towards PTC issuances

Pick the best life insurance policy for your investment purposes

Here are the best life insurance policies and their premiums from Policybazar for your benefit

Plan to expand thoughtfully: HDFC Life Insurance chairman Keki Mistry

HDFC Life aims for growth and tech transformation in FY26, with a focus on macroeconomic opportunities, despite geopolitical and trade challenges, says Keki Mistry

HDFC AMC profit up by 24% in Q1FY26; Tiwari appointed PGIM India AMC CEO

The fund house's quarterly average assets under management market share stood at 11.5 per cent in the June quarter

Indian firms file ECB intent worth $2.73 bn in May under automatic route

Indian companies including NBFCs filed $2.73 billion in ECB proposals in May 2025, all under the automatic route, with no applications under the approval route

Tiruppur's garment exports increase 12% in Q1 FY26 to ₹12,193 crore

Tiruppur's ready-made garment exports rose nearly 12 per cent in Q1 FY26 to Rs 12,193 crore, outpacing overall textile sector performance amid global headwinds

Uber, Ola drivers strike in Mumbai, commuters face tough second day

Drivers demand fixed fares and lower commissions as strike affects bookings on Uber and Ola, while Rapido and kali-peeli cabs continue partial operations in the city

ACKO selected as preferred insurance partner for Tesla customers in India

Tesla has picked ACKO as its preferred insurance partner in India to offer embedded, digital-first car insurance with the launch of its first showroom in Mumbai

HDB Financial Q1 net dips 2.4% to ₹568 crore on higher credit cost

HDB Financial's Q1FY26 net declines 2.4% YoY due to 62% surge in credit costs; loan book expands 14.3%, secured loans make up 73% of total portfolio

RBI Governor hints at allowing foreign banks to own 26% in Indian banks

Transmission is happening well: RBI Governor

'India's Deng Xiaoping': Andhra Pradesh CM Naidu on Rao's reforms

The Andhra CM is on a two-day visit to the national capital, where he is scheduled to meet PM Narendra Modi, Finance Minister Nirmala Sitharaman, and others

Govt to table 8 new Bills in monsoon session of Parliament starting July 21

The government has listed eight new bills for the upcoming monsoon session of Parliament, including amendments to taxation, mineral laws, and the Jan Vishwas Bill

Telcos complete rollout of SMS headers to identify messages, reduce spam

Domestic telecom operators implement SMS header system to categorise messages and enhance transparency, reducing spam and increasing consumer trust, says COAI

Kia launches first made-in-India EV, Carens Clavis, starting at ₹17.99 lakh

Kia India introduces its first domestically manufactured electric vehicle, Carens Clavis EV, with two battery options offering up to 490km range, fast charging in 39 minutes.

AIFs must lead ESG push in unlisted firms, says Sebi's Ruchi Chojer

Sebi executive director says AIFs must align with global ESG norms as 40 per cent of capital comes from foreign investors expecting high disclosure standards

ICICI Prudential Life Q1FY26 results: Net profit rises 34% to ₹302 crore

Premium income grew nearly 8% year-on-year while expenses declined 4.72%; APE and VNB saw a dip even as solvency and persistency ratios remained strong

Travel Food Services slips on mkt debut; Anthem subscribed 73% on Day 1

The ₹583-crore initial public offering (IPO) of Smartworks Coworking Spaces Ltd garnered 13.45 times(x) subscription on the closing day of bidding on Monday