Mumbai: Bombay HC has imposed Rs 50 lakh costs on a businessman who let out his shop to a bank in a redeveloped building on Mhada land in Kurla that has no occupation certificate (OC). It directed him to pay the sum to the PM Cares Fund in two weeks.
1 2 3 4 Vijayawada: From the rural heartlands of Routhu Suramala village in Tirupati district to global agricultural frontiers, S Rajendra Nath Reddy has carved a transformative path in sustainable farming. With over 25 years of experience as an agri-entrepreneur, organic farmer, and consultant, Reddy has consistently bridged traditional practices with cutting-edge technologies.
Bengaluru: The state govt has decided to levy a betterment tax and 1% stamp duty cess on properties close to the impact zone of the 117km-long tolled road of Bengaluru Business Corridor (BBC), to recover the project costs.
NEW DELHI: Supreme Court has praised the restitution of flats to at least 213 homebuyers who had waited for more than 12 years to get possession of properties they had paid for. The restituted properties are part of 354 flats, 17 commercial units and two plots in Royal Rajvilas project in Udaipur — together worth over Rs 175 crore — restored by Enforcement Directorate to victims of a ‘scam’ in which project promoters had allegedly swindled over Rs 1,267 crore of Syndicate Bank, now Canara Bank.
Mumbai: The demand for steel in the seasonally strong second half of the fiscal will be further augmented by a pick-up in overall consumption, lower interest rates and pent-up demand coming in after extended and
Mumbai: UltraTech Cement's fixed costs are set to reduce by around ₹100 per tonne sequentially in the current quarter helped by lower maintenance, advertising and staff expense, chief financial officer Atul Daga said. This is likely to reflect in the company's earnings before interest, tax, depreciation and amortization (EBITDA).The country's largest producer of cement had an additional cost outgo of around ₹200 per tonne in the September quarter.
Hero Future Energies (HFE), which reports suggest is looking at an initial public offering (IPO) to raise about Rs 3,500 crore, recently raised Rs 1,908 crore in funding from State Bank of India (SBI) and Canara Bank.
UAE-based Emirates NBD PJSC has entered into an agreement with Mumbai-based RBL Bank to invest ₹26,850 crore (around $3 billion) for a stake of up to 60 per cent, marking the largest cross-border investment in an Indian private bank.
From Mumbai to Ahmedabad and Delhi to Bengaluru, shopping centres and malls across the country, are crowded as people rush to make their Diwali purchases. Customers are buying everything from flowers to sweets, apparel and jewellery, small and large appliances, utensils and electronic items.
India’s largest airline IndiGo is betting big on Airbus’ A350-900 widebody aircraft for its long-haul international operations. The airline, last Friday, entered into a definitive agreement with Airbus for confirming purchase of 30 more additional A350 aircraft, taking the total tally to 60 for such planes.
Early-bird results for the September 2025 quarter (Q2FY26) indicate an uptick in corporate revenue and earnings growth, after a sharp deceleration in the June quarter. The recovery has been led by companies in cyclical sectors such as Reliance Industries, JSW Steel, UltraTech Cement, and HDFC Bank.
Crompton Greaves Consumer , best known for its fans, lighting, domestic pumps, and appliances, is stepping up its focus on the solar segment as it looks to double revenue in five years, Kaleeswaran Arunachalam, Group CFO and Head of Strategy, told FE in an exclusive interaction.
From cash-backs to discounts, zero foreclosure charges, sharply discounted processing fees and lower interest rates, banks have rolled out a host of offers to garner maximum business from Diwali 2025. Country’s largest private lender HDFC Bank is offering over 10,000 offers across cards, loans, PayZapp and EASYEMI.
As economic uncertainty clouds private sector spending across key markets, Indian IT majors are increasingly turning to the public sector, both at home and abroad, as a source of long-term, stable growth. Infosys’ recent multi-year deal with the UK’s National Health Service (NHS), TCS’ long-standing digital transformation work with BSNL in India and LTIMindtree’s PAN 2.0 project win signal a broader pivot — public sector engagements are no longer side bets for Indian IT, but are fast becoming strategic pillars.
India’s diesel exports to Europe surged to their highest level on record, since 2017, as heavy refinery maintenance across the Atlantic Basin tightened supply widening the East–West arbitrage and creating demand for ultra low sulphur diesel.
State-owned NTPC Ltd on Sunday said it began the commercial operation of a 38-MW solar power capacity of its step-down subsidiary in Gujarat. The new unit is part of the 300-MW Khavda Solar Energy Project of NTPC Renewable Energy Limited, a step-down subsidiary of NTPC through its subsidiary NTPC Green Energy Limited, the public sector power generator said in an exchange filing.
ICICI Bank, along with Tata Memorial Centre (TMC), have announced the commencement of construction of a new cancer care building at TMC’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai. Funded through the Bank’s CSR contribution of ₹625 crore, the facility will be among India’s largest radiation therapy centres, equipped with cutting-edge cancer treatment technologies.
ICICI bank head office in Mumbai | Photo Credit: FRANCIS MASCARENHAS ICICI Bank, along with Tata Memorial Centre (TMC), on Sunday announced commencement of construction of a new cancer care building at TMC’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai, Maharashtra.
ICICI Bank, along with Tata Memorial Centre (TMC), on Sunday announced commencement of construction of a new cancer care building at TMC’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai, Maharashtra. Funded through the Bank’s CSR contribution of ₹625 crore, the facility, which is a 11-storey building, spanning across an area of 3.4 lakh square feet, will be among India’s largest radiation therapy centres, equipped with cutting-edge cancer treatment technologies, ICICI Bank said in a statement.
Vedanta Resources has laid out an ambitious road map to transform itself into a $100 billion energy, critical minerals, and tech conglomerate. The company is aggressively investing in backward integration and asset acquisitions backed by major expansions in aluminium, copper, oil & gas, and rare earths both in India and overseas, CEO Deshnee Naidoo told Arunima Bharadwaj in an interview.
Vedanta Resources has laid out an ambitious road map to transform itself into a $100 billion energy, critical minerals, and tech conglomerate. The company is aggressively investing in backward integration and asset acquisitions backed by major expansions in aluminium, copper, oil & gas, and rare earths both in India and overseas, CEO Deshnee Naidoo told Arunima Bharadwaj in an interview.
By Ankit Jain The draft Electricity (Amendment) Bill 2025 aims to bring in cost-reflective power pricing, eliminate cross-subsidies and end discom monopolies. This will ensure financial viability of discoms while enhancing industrial competitiveness, explains Ankit Jain l Improving revenue flow of power discoms REGULATORY COMMISSIONS ARE mandated to set electricity tariffs that fully reflect the actual cost of supply, in accordance with directions from the recent Supreme Court order in August 2025.
The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Reliance Retail Ventures Ltd (RRVL) for Future Supply Chain Solutions Ltd (FSCSL), marking another key acquisition of a Kishore Biyani-led Future Group company by the Reliance group.
Axis Bank’s corporate loans grew 20 per cent year-on-year (y-o-y) to ₹3.49 lakh crore in Q2, sharply higher growth than 8-9 per cent seen over the last two quarters. In a reversal of trend seen over the past year, large sized banks have reported robust growth in their corporate loan portfolio during Q2FY26, senior bankers say.
In a reversal of trend seen over the past year, large sized banks have reported robust growth in their corporate loan portfolio during Q2FY26, senior bankers say. Subrat Mohanty, ED at Axis Bank, said while the lender was cautious on pricing of corporate loans, there have been certain lending opportunities in Q2 and the bank continues to see those opportunities moving forward.
Seven of India's top 10 firms gain Rs 2.16 lakh crore in market value ZeeBiz WebTeam Written By Seven of the country's 10 most valued companies added a combined Rs 2.16 lakh crore in market capitalisation last week, led by Bharti Airtel, HDFC Bank and ICICI Bank.
The after effects of secondary sanctions on Russian oil movement are being felt at Deendayal Port in Kandla, Gujarat, (earlier called Kandla port) too. The first half of this fiscal year witnessed a 6 per cent decline in handling of crude products, LPG/LNG, versus the same period last year, according to Indian Ports Association data.
Enthused by the initial round of digital-footprint-based lending, the government is nudging public sector banks (PSBs) to increase the threshold for such loans to around Rs 1-2 crore from Rs 50 lakh. The enhanced thresholds could enable them to collectively achieve around Rs 1 lakh crore loan disbursement through this new model in 2025-26.
Rajiv Anand took charge as the managing director (MD) and chief executive officer (CEO) of IndusInd Bank in August after his predecessor quit following accounting lapses. In a telephonic interaction with Manojit Saha, Anand spells out the road map to rebuild the private lender over the next three years.
Jayant Acharya, Joint MD, JSW Steel | Photo Credit: abhijith JSW Steel has managed to protect its profit margins despite uncertainty over US tariff and geopolitical developments. The cost saving measures and focus on value-added products have helped the company in a seasonally weak quarter.
JSW Steel has managed to protect its profit margins despite uncertainty over US tariff and geopolitical developments. The cost saving measures and focus on value-added products have helped the company in a seasonally weak quarter. Jayant Acharya, Joint Managing Director & CEO, spoke to businessline on the way forward.
Ashiana Housing has launched a ₹ 350 crore residential project in Jamshedpur, the company said. (Representational Photo)(File Photo ) Ashiana Housing launched a ₹350 crore project in Jamshedpur with 230 apartments, 3BHKs from ₹1.34 crore and 4BHKs from ₹2 crore Real estate developer Ashiana Housing has launched a residential project in Jamsedpur for a revenue potential of ₹350 crore, the company said in a regulatory statement.
Real estate developer Ashiana Housing has launched a residential project in Jamsedpur for a revenue potential of ₹350 crore, the company said in a regulatory statement. The project Ashiana Amaya is located in Dobo. Spread over 3.86 acres with a total saleable area of 4.64 lakh sq.
The 11-storey building with a ground floor and two basements will span across 3.4 lakh square feet, and will house 12 Linear Accelerators (LINACs), and other advanced cancer care equipment, an official statement said. Country’s second largest private sector lender ICICI Bank on Sunday announced that it will donate Rs 625 crore for cancer care.
A former Infosys employee has offered an insightful reflection on life at the company during the 1990s after an old video from the Infosys canteen in Bengaluru resurfaced online. The clip, shared on X with the caption, “Footage from Infosys canteen, Bengaluru in 1990s.
A former Infosys employee has offered an insightful reflection on life at the company during the 1990s after an old video from the Infosys canteen in Bengaluru resurfaced online. The clip, shared on X with the caption, “Footage from Infosys canteen, Bengaluru in 1990s.
L&T Technology Services (LTTS) said it expects its total headcount to drop in the third quarter as artificial intelligence (AI) is helping it do more with less — effectively decoupling the linearity between revenue growth and headcount addition as more work gets automated.
The Indian Institute of Management Bangalore (IIMB) has concluded its summer placement process for the PGP and PGP-BA 2025-27 batch, with all 601 students securing internship offers from 137 companies during the placement week held between October 13 and 18, 2025.
Google Trends: After the launch of the Mahindra Thar 3-door facelift for the 2025 and beyond, the Indian automotive scene is buzzing as the first spy shots of the upcoming Mahindra Scorpio N facelift have
India's vehicle exports rise 26% to cross 16.85 lakh units in July-September IANS Written By India's automobile exports have clocked a robust 26 per cent increase in the July-September quarter to cross 16.85 lakh units, compared with 13.35 lakh units in the same period of the previous year, reflecting the greater acceptance of India-made cars, two-wheelers and three-wheelers in overseas markets, according to figures released by SIAM.
Google Trends: After the launch of the Mahindra Thar 3-door facelift for the 2025 and beyond, the Indian automotive scene is buzzing as the first spy shots of the upcoming Mahindra Scorpio N facelift have
Reliance Retail has operationalised over 600 dark stores pan-India and plans to add more to enhance its coverage of less than 30-minute deliveries across its extensive network. ADVERTISEMENT Addressing an analyst query after quarterly results, Reliance Retail CFO Dinesh Taluja said JioMart is better placed with an extensive physical store network and dark stores being set up in select locations.
Sobha Ltd has planned to roll out residential projects worth ₹22,000 crore over the next 18 months across multiple Indian cities as part of its expansion strategy. According to its latest investor presentation, the company plans to launch 13 residential projects in Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur, and Thiruvananthapuram, covering a total of 16 million sq ft of area with an estimated sales potential of nearly ₹22,000 crore.
Mumbai, Oct 19 (PTI) Country’s second largest private sector lender ICICI Bank on Sunday announced that it will donate Rs 625 crore for cancer care. The spending to build a 11-storey building at TMC’s (Tata Memorial Centre) Advanced Centre for Treatment, Research and Education in Cancer in Navi Mumbai will be part of the Rs 1,800 crore commitment to construct three facilities across the country announced earlier.
The Navi Mumbai facility is part of ICICI Bank’s Rs 1,800 crore commitment to support the Tata Memorial Centre in establishing three cancer care hospitals across the country. Navi Mumbai is set to get one of India’s largest radiation therapy facilities with the commencement of construction of a new cancer care building at Tata Memorial Centre’s (TMC) Advanced Centre for Treatment, Research and Education in Cancer (ACTREC).
Realty firm Ashiana Housing Ltd expects Rs 350 crore revenue from its new housing project in Jamshedpur. The Company has launched a housing project 'Ashiana Amaya' at Dobo (New Jamshedpur) to expand business amid strong housing demand.
New Delhi [India], October 19 (ANI): With consumers in both urban and rural areas showing greater flexibility in spending, driven by GST reforms and easing inflation, Fast-Moving Consumer Goods (FMCG) companies have begun setting more
New Delhi [India], October 19 (ANI): With consumers in both urban and rural areas showing greater flexibility in spending, driven by GST reforms and easing inflation, Fast-Moving Consumer Goods ( FMCG ) companies have begun setting more ambitious growth targets .
The National Company Law Tribunal (NCLT) has dismissed an insolvency plea against the Indian unit of telecom gear manufacturer ZTE filed by TVS Supply Chain Solutions after observing a pre-existing dispute between the parties. A Chandigarh-based bench of the NCLT, the debt claimed by TVS Supply Chain Solutions was disputed and under reconciliation dating back to 2017, well before the statutory demand notice.
The $3 billion investment by UAE-based Emirates NBD PJSC for a 60 per cent stake will enable RBL Bank to expand its presence across the country and transform itself from a mid-sized lender into one of the larger banks in India.
