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Poonawalla Fincorp launches CV secured loans biz for tier-2,3 markets

With a strong focus on Tier 2 and Tier 3 markets, the company said it plans to initially enter 68 locations across 12 states in the first phase

Poonawalla Fincorp launches CV secured loans biz for tier-2,3 markets
Updated On : 17 Mar 2025 | 12:28 PM IST

CMD Ajay Singh to infuse Rs 294 cr in airline via another entity: SpiceJet

SpiceJet said Singh will infuse Rs 294.09 crore into the company through the conversion of 13,14,08,514 warrants into an equivalent number of equity shares (131.4 mn equity shares)

CMD Ajay Singh to infuse Rs 294 cr in airline via another entity: SpiceJet
Updated On : 17 Mar 2025 | 11:20 AM IST

HCC-Tata Projects JV secures Rs 2,191 crore Madhya Pradesh Metro contract

The Rs 2,191-crore contract is for the construction of an 8.65-km long corridor including underground tunnels and stations for MPMRCL

HCC-Tata Projects JV secures Rs 2,191 crore Madhya Pradesh Metro contract
Updated On : 17 Mar 2025 | 11:03 AM IST

Maruti Suzuki cars to become 4% more expensive starting April 2025

Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs

Maruti Suzuki cars to become 4% more expensive starting April 2025
Updated On : 17 Mar 2025 | 11:00 AM IST

Banks transfer McLeod Russel loan accounts to NARCL for debt resolution

ICICI Bank and seven lenders assign McLeod Russel's Rs 1,104.69 crore debt to NARCL, raising hopes for restructuring. IndusInd Bank stays out, while JC Flowers ARC holds a 24.39% stake

Banks transfer McLeod Russel loan accounts to NARCL for debt resolution
Updated On : 16 Mar 2025 | 11:50 PM IST

Coca-Cola bottler Ladhani Group's SLMG Beverages eyes overseas expansion

Ladhani Group-owned company plans to double its revenue to Rs 20,000 crore by FY31

Coca-Cola bottler Ladhani Group's SLMG Beverages eyes overseas expansion
Updated On : 16 Mar 2025 | 11:43 PM IST

Blackstone offers $1.2 billion for AkzoNobel's India paint business

Transaction expected to cost around $1.2 billion, say bankers

Blackstone offers $1.2 billion for AkzoNobel's India paint business
Updated On : 16 Mar 2025 | 11:04 PM IST

Adani group commits Rs 1.1 trillion capital expenditure for FY26

To be funded through a mix of cash, debt/equity sale

Adani group commits Rs 1.1 trillion capital expenditure for FY26
Updated On : 16 Mar 2025 | 10:59 PM IST

IndusInd Bank case a rare instance when RBI cited its 'LOLR' role

Central bank can rescue a bank that is solvent but has temporary liquidity woes

IndusInd Bank case a rare instance when RBI cited its 'LOLR' role
Updated On : 16 Mar 2025 | 10:02 PM IST

LTIMindtree appoints COO Nachiket Deshpande as head of global AI services

Deshpande, who was the frontrunner to replace outgoing chief executive Debashis Chatterjee before losing out to Lambu, will be based in New York

LTIMindtree appoints COO Nachiket Deshpande as head of global AI services
Updated On : 16 Mar 2025 | 8:25 PM IST

PepsiCo to expand snacks, packed food range with Indian flavoured products

In the oatmeal category, PepsiCo is facing competition from home-grown firms such as Marico and some other companies. However, it still leads in the base oatmeal category

PepsiCo to expand snacks, packed food range with Indian flavoured products
Updated On : 16 Mar 2025 | 5:58 PM IST

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

The new factory will focus on manufacturing control boards for washing machines, refrigerators, air conditioners, and IT hardware

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million
Updated On : 16 Mar 2025 | 4:54 PM IST

AI may enable collusion; regulators need a forward-looking approach: CCI

She also emphasised the need to adopt a forward-looking approach as well as trust-based regulations

AI may enable collusion; regulators need a forward-looking approach: CCI
Updated On : 16 Mar 2025 | 3:35 PM IST

DVC launches Rs 1,500 cr project to modernise power supply, reduce losses

DVC's entire distribution network primarily serves industries, with negligible supply to retail consumers

DVC launches Rs 1,500 cr project to modernise power supply, reduce losses
Updated On : 16 Mar 2025 | 2:25 PM IST

Carnelian Asset targets $2 bn AUM by FY26, plans expansion in 7 cities

The entity, which manages funds of high networth individuals, also plans to expand its reach in seven new cities during the next financial year

Carnelian Asset targets $2 bn AUM by FY26, plans expansion in 7 cities
Updated On : 16 Mar 2025 | 1:51 PM IST

EIL, MECON, and 4 others in fray for RBI's currency management project

After evaluating the responses, RBI said it has shortlisted six entities for issuance of Request for Proposal (RFP), according to an official document

EIL, MECON, and 4 others in fray for RBI's currency management project
Updated On : 16 Mar 2025 | 1:35 PM IST

Ola Electric's unit faces 2 insolvency petitions over unpaid vendor dues

Rosmerta Digital Services Pvt. and Rosmerta Safety Systems - suppliers of vehicle registration services and high-security registration plates respectively - have separately filed insolvency pleas

Ola Electric's unit faces 2 insolvency petitions over unpaid vendor dues
Updated On : 16 Mar 2025 | 11:48 AM IST

SAIL to invest Rs 30,000 cr to expand Rourkela Steel Plant to 9 MT by 2030

Post expansion, which will come up over an area of 1,200 acre, RSP will alone contribute around 25 per cent to SAIL's overall 35 million tonne per annum (MTPA) production capacity

SAIL to invest Rs 30,000 cr to expand Rourkela Steel Plant to 9 MT by 2030
Updated On : 16 Mar 2025 | 11:15 AM IST

US investment may be delayed due to tariff uncertainty: Tata Technologies

The company, a global product engineering and digital services firm with significant presence in the US, however, is hopeful that in the next month or two, there will be some clarity

US investment may be delayed due to tariff uncertainty: Tata Technologies
Updated On : 16 Mar 2025 | 11:04 AM IST

Allchem Lifescience files IPO papers with Sebi, aims to raise Rs 190 cr

The Gujarat-based company's proposed IPO comprises fresh issue of equity shares aggregating up to Rs 190 crore and an offer for sale (OFS) of 71.55 lakh equity shares by promoters

Allchem Lifescience files IPO papers with Sebi, aims to raise Rs 190 cr
Updated On : 16 Mar 2025 | 11:01 AM IST