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FINANCIAL ENTITIES
InsuranceDekho is working on Rs 2,500-3,000 crore IPO, plans September filingThe Gurgaon-based insurance distribution platform is targeting a listing by March 2027 and is eyeing a valuation of around Rs 9,500 crore, ...- RBI Deputy Guv pushes for meaningful, fair grievance redressalThe conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial comp...
- RBI deputy guv asks financial entities' ombudsmen to provide effective complaint resolutionReserve Bank Deputy Governor Swaminathan J urged internal ombudsmen to ensure fair complaint resolutions. He asked them to identify recurri...
- Jindal Steel CEO Gautam Malhotra resigns ahead of board meeting next weekGautam Malhotra, CEO of Jindal Steel, has resigned from his position. His resignation is effective from July 15, 2026, due to personal comm...
- RBI steps up scrutiny of Corporate India's foreign investmentsIndian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations wit...
- ED sends letters rogatory abroad, seeks info on foreign operativesThe Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and ...
- NSE listing to "complete the trioka" and unlock value, drive governance upgrade: ReportA potential NSE listing is positioned as the final step to "complete the trioka" of India's market infrastructure, with forward-looking ben...
- HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
- US issues fresh Iran-related sanctions as conflict flaresThe United States has imposed new sanctions on Iran's financial networks. These sanctions target a key financier for Mojtaba Khamenei and o...
- Trai pushes back on spam tag for 1600, 140 numbersTrai clarified that tagging and blocking calls from 1600 and 140 series numbers is not allowed. Subscribers can manage promotional calls fr...
- Truecaller CEO says 5.25 lakh people flag calls from 1600, 140 series as spam everydaySpammers are exploiting Trai's directive on specific phone number series. Truecaller data shows millions of users label these calls as spam...
- TRAI bars apps from blocking, tagging calls from 1600 number seriesTelecom regulator Trai stated no app can block calls from 1600 number series. Promotional calls from 140 number series also cannot be filte...
- Bayer gets €3 billion in Apollo deal for contraceptives unitBayer secured three billion euros in equity from Apollo-managed funds. This deal involves its long-acting reversible contraceptives busines...
- Govt allows GIFT City units to lease foreign vessels without need for DGMA permissionThe shipping ministry has granted exemptions for GIFT City entities. These entities can now lease foreign vessels without DGMA permission. ...
- Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offeringsFounded in 2024, Nurix develops AI software for enterprises to automate customer support and other business processes. Through this deal, V...
- Corporate Affairs Ministry extends validity of key compliance scheme up to August 31The corporate affairs ministry has extended a special scheme for companies. This scheme offers reduced penalties for late financial stateme...
- ED freezes Rs 440 crore in Trinamool Congress bank accounts under PMLAThe Enforcement Directorate has frozen over Rs 440 crore in Trinamool Congress bank accounts. These funds were allegedly routed through a C...
- Axis Bank loses three senior executives amid leadership reshuffleAxis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within ...
- How a ledger titled after CMRL's CFO helped investigating agenciesA special ledger allegedly maintained by CMRL's former CFO, Suresh Kumar KS, has revealed fraudulent cash flows into the Kerala firm. Probe...
- Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...
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