Business News

Business

SBI Chief Highlights Seasonal Economy Slowdown and Urges for Increased Private Capex

SBI Chairman C S Setty discusses the bank's strategies for navigating a competitive market, enhancing digital and physical channels, and contributing to economic growth. He emphasi...

Business

Sam Ghosh Secures Sebi Approval to Launch Mutual Fund Venture in India

Sam Ghosh, a veteran of India’s financial sector, has received Sebi's approval to launch his mutual fund venture, Cosmea Investments. The company aims to invest Rs 200 crore initia...

Business

Honda Cars India Sees 20% Sales Surge in 2024 Despite Domestic Market Challenges

Honda Cars India Ltd reported a 20% increase in total sales for 2024, despite an 18.55% decline in domestic sales. Exports more than doubled, contributing significantly to the over...

Business

Standard Glass Lining Technology Launches Groundbreaking IPO with Rs 133-140 Price Range

Standard Glass Lining Technology Ltd is launching its IPO with a price band of Rs 133-140 per share, aiming to raise Rs 410.05 crore. The IPO, opening on January 6, 2025, marks the...

Business

Sasan Power, a Reliance Power Subsidiary, Settles $150 Million Debt with IIFCL

Sasan Power, a Reliance Power subsidiary, has repaid a $150 million debt to IIFCL, UK, enhancing its parent company's liquidity and credit rating. This move strengthens Reliance Po...

Business

RBI Reports 98% of Rs 2000 Notes Deposited, Rs 6,691 Crore Still in Public Hands

The Reserve Bank of India reports that 98.12% of Rs 2000 banknotes have been returned, with Rs 6,691 crore still in public hands. The RBI continues to accept these notes at its iss...

Business

Navigating the Fog: Government Unveils New Measures for Smoher Air Travel During Peak Season

The union aviation ministry has introduced measures to minimize passenger inconvenience during the peak winter fog season, including limiting aircraft seating delays, enhancing com...

Business

Sebi Introduces Simplified Compliance Framework for Listed Entities to Ease Regulatory Burden

Sebi has launched a new compliance framework for listed entities, introducing an integrated filing system to simplify governance and financial disclosures. This move aims to reduce...