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REGULATORY APPROVAL
Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...- Prudential HCL Health Insurance gets IRDAI nodIndia's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...
- Zee board backs promoter stake expansion to 24%Zee Entertainment's board has greenlit a significant fundraising move, approving the issuance of warrants worth up to ₹3,143.5 crore to a p...
- PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
- NITI report calls for streamlining visa approval processes to boost tourismA NITI Aayog report highlights that India's visa system needs significant upgrades to match global tourism leaders, hindering repeat and hi...
- Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO saysAutobrains, which is based in Tel Aviv and has an office in Munich, is developing lower-cost autonomous driving technology built around so...
- Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
- SIS announces share buyback worth up to Rs 120 crSIS Limited, a prominent security and facility management firm, has announced its fifth share buyback program, aiming to repurchase shares ...
- Yes Bank to raise up to $1.7 billion via equity, debt issueYes Bank is poised to raise up to ₹160 billion through a strategic mix of equity and debt offerings. The board has approved an equity issua...
- Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
- Astral shares drop 6% after demerger. What should investors do?Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated ...
- Health ministry proposes faster approvals for medical device manufacturing licencesThe Union health ministry is proposing to significantly cut down the time taken to issue manufacturing licenses for medical devices. Aimed ...
- Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crThe board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore...
- Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crorePower Grid Corporation's board has greenlit a significant increase in its borrowing limit to Rs 2.2 lakh crore, pending shareholder approva...
- Lupin gets USFDA tentative approval for prostate cancer treatment drugIndian pharmaceutical giant Lupin Ltd has secured tentative approval from the US FDA for its generic enzalutamide tablets, a crucial treatm...
- Binance to suspend crypto services in several EU countriesBinance, the world's largest cryptocurrency exchange by volume, said it had applied for authorisation to operate under the EU's crypto asse...
- Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debtSuryoday Small Finance Bank's board has greenlit plans to raise up to Rs 300 crore through share sales and Rs 200 crore via debt instrument...
- Saudi Arabia introduces online portal for foreign property ownershipSaudi Arabia has unveiled a new digital platform, "Saudi Properties," simplifying foreign property ownership. This initiative, aligned with...
- Prosus Invests $460 million in French health tech AlanAlan, a French health tech company, has successfully attracted a whopping $460 million investment from the Netherlands-based Prosus, elevat...
- Sebi proposes common advertising code for brokers, mutual funds, may allow celebrity endorsementsSebi has proposed a common advertising code for brokers, mutual funds, investment advisers and other regulated entities, aiming to simplify...
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