DOWNLOAD IPFS Protean eGov Technologies has witnessed a sharp 50 percent fall in its share price, eroding thousands of crores in investor wealth. The stock has declined significantly from its 52-week high, sparking concern among retail and institutional investors. Once trading at ₹1,535 in February 2025, the stock has dropped[Read More…]

DOWNLOAD IPFS A rise in Aadhaar-linked insurance fraud has prompted a full-scale investigation by Uttar Pradesh Police, as several cases involving fake identities and bogus claims come to light. The scams target health, life, and motor insurance sectors, with fraudsters exploiting Aadhaar credentials to manipulate insurance payouts. According to officials,[Read More…]

DOWNLOAD IPFS Indian Bank has announced plans to bring down its stake in ASREC (India) Ltd to below 30 percent by March 2026, in line with regulatory requirements. The state-owned lender currently holds a 38.26 percent equity stake in the asset reconstruction company. The move follows a government notification granting[Read More…]

DOWNLOAD IPFS Private equity firm ChrysCapital has secured approval from the Competition Commission of India (CCI) to acquire a majority stake in Theobroma Foods, a prominent bakery and patisserie chain headquartered in Mumbai. The acquisition will be carried out through ChrysCapital-linked entities, including Infinity Partners, Aqua Investments Ltd, and Atreides[Read More…]

DOWNLOAD IPFS The Securities and Exchange Board of India (SEBI) has released new guidelines for Market Infrastructure Institutions (MIIs), including stock exchanges, clearing corporations, and depositories, to standardize how they handle requests related to penalty waivers, appeals, and reviews. According to the latest circular, SEBI has mandated a clearer and[Read More…]

DOWNLOAD IPFS Indian stock markets closed lower on Monday as investor sentiment weakened due to renewed global tensions and foreign institutional investor (FII) outflows. The BSE Sensex fell by 308 points or 0.38 percent, settling at 80,710.25, while the NSE Nifty 50 declined 73 points or 0.30 percent to end[Read More…]

DOWNLOAD IPFS Punjab National Bank-backed housing finance firm PNB Housing Finance has initiated a search for a new Managing Director and Chief Executive Officer following the resignation of Girish Kousgi, effective October 28, 2025. The company confirmed that it is considering both internal and external candidates for the position. In[Read More…]

DOWNLOAD IPFS Non-banking financial companies (NBFCs) in India have urged the Reserve Bank of India (RBI) to lower the risk weight assigned to loans against property (LAP), arguing that such loans are asset-backed and carry lower risk compared to unsecured lending. Currently, bank loans to NBFCs, including those for LAP,[Read More…]

DOWNLOAD IPFS Aditya Birla Capital Limited (ABCL), the financial services arm of the Aditya Birla Group, posted a consolidated net profit of ₹835 crore for the quarter ended June 2025, marking a 10% increase from ₹759 crore in the same period last year. The company’s consolidated revenue from operations rose[Read More…]

DOWNLOAD IPFS Tata Capital Ltd., the financial services arm of the Tata Group, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI), marking the start of its highly anticipated initial public offering (IPO). The IPO will consist of a fresh issue of up[Read More…]