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COMMERCIAL ENTITY
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...- Saudi Arabia limits instant work visas for new businessesSaudi Arabia has introduced new rules for instant work visas. Newly established businesses can now get up to five visas. Older companies ca...
- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...
- Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...
- RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
- Telcos, businesses spar over calls, SMS consent regimeTelecom companies and banks are in a dispute over India's new digital consent rules for commercial messages. Major telecom players want con...
- China access concerns could have triggered US restrictions on Anthropic's Mythos: ReportAmerica has restricted access to Anthropic's advanced AI model, Mythos. This action stems from worries that a group linked to China might h...
- Falling crude prices shift market narrative; energy, defence and BFSI emerge as key bets: Pankaj PandeyEasing crude oil prices and moderating foreign investor selling are improving India's investment outlook. Head Research Pankaj Pandey highl...
- Project Glasswing melts: US government suspends early access to Anthropic's Fable 5, Mythos 5 within days of rolloutIndia's brief access to advanced AI models from Anthropic has ended. A US government directive halted local access to Mythos 5 and Fable 5....
- 29 years after Uphaar fire, the victims' association presses for special law on negligence-driven disastersMarking the 29th anniversary of the Uphaar cinema fire tragedy, the Association of Victims of Uphaar Tragedy (AVUT) on Saturday intensified...
- Corporate affairs secy exhorts insolvency professionals to fast-track resolutionCorporate affairs secretary Deepti Gaur Mukerjee urged insolvency professionals to "push boundaries of corporate turnaround" to rescue dist...
- Why the 2026 World Cup could be football's biggest climate polluter yet, according to new researchThe upcoming FIFA Men's World Cup in the US, Canada, and Mexico faces criticism for its environmental impact. Researchers warn it could be ...
- IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption FundThe three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stag...
- China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
- Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
- Coal exchange rules issued, focus on price discovery and qualityIndia's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move tr...
- Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...
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