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58 engineering, technical colleges closed across India in 2025-26: AICTEOver 55 engineering colleges nationwide ceased operations in the 2025-26 academic year, with existing students permitted to finish their de...
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
‘The US-Iran war will hurt both food consumers — and producers’The US-Iran conflict threatens global food supplies. Rising oil prices increase fertilizer and transportation costs. This impacts food prod...
Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Indel Money launches Rs 300 crore secured NCD public issue to fund lending, repaymentsIndel Money is launching its sixth public issue of secured Non-Convertible Debentures. The issue opens on October 13 and closes on October ...
Canara Bank closes QIP by raising Rs 2,500 cr equity capitalThe meeting of the sub-committee of the board - Capital Planning Process of the Board of Directors of the bank approved the closure of the ...
Bank of Maharashtra closes QIP, mops up Rs 404 crore from issueThe shares were allotted at Rs 23.70 apiece to the QIBs at a discount of 4.78 per cent to the floor price of Rs 24.89 per share, the bank s...
Idea Cellular fixes Rs 82.50 per share price for Rs 3,500 crore QIPThe capital raising committee of the company is undergoing a merger with No 2 carrier Vodafone India.
HUDCO to raise up to Rs 1,711 crore via tax free bondsState-owned HUDCO said it plans to raise up to Rs 1,711 crore through issue of tax free bonds mainly to finance the projects related to hou...
Direct banks to extend credit for paying penalties: AssochamStating that domestic steel industry has been passing through a very tough phase for past five years, it said the problem has aggravated du...
NTPC pre-closes Rs 1,750-crore tax-free bond issue todayThe issue was oversubscribed by 3.3 times on Tuesday as against Rs 1,000 crore, the company has already collected about Rs 3,310 crore.
18 road projects awarded in 2011-12 yet to get fin closure: GovtAs many as 18 highway projects awarded in 2011-12 have not received financial closure, mainly due to non-availability of funds.
- IIFCL teams up with 7 banks, promises 20% of funds
The financing mechanism would enable developers to fast-track the financial closure as the projects would be appraised jointly by consortiu...
- THDC receives $648 millionn loan from World Bank
With the loan, the 444-mw Vishnugad Pipalkoti hydroelectric project has achieved full financial closure, the company said.
- ONGC declares gas finds, Rs 18 per share dividend
ONGC on Friday said it has made two gas discoveries while declaring Rs 18 per share interim dividend for this fiscal.
- CAG asks state to wind up 38 bleeding PSUs
Maharashtra needs to close down 38 of its 66 public sector undertakings if it wants to bring its economy back on track, feels the Comptroll...
- CAG wants 46 PSUs in West Bengal closed
The Comptroller Auditor General of India (CAG) has recommended closure of 46 of the total 84 public sector undertakings (PSUs) in West Beng...