New Delhi: IDBI Bank’s strategic stake sale is expected to conclude by the end of FY27, subject to Reserve Bank of India approval, DIPAM Secretary Arunish Chawla told PTI. The transaction would bring Fairfax Financial Holdings into the lender as its strategic buyer. RBI Clearance Before Share Pur...
Local
Mumbai: Indian stock markets closed higher for a second consecutive session on Friday, October 16, as strong buying in IT shares and positive global cues sustained the recovery. The benchmark BSE Sensex advanced 413.66 points, or 0.56 per cent, to 74,729.27. Nifty gained 148.80 p...
government
The Maharashtra government has approved the purchase of residential and commercial units in a neighbouring building as part of a ₹100-crore expansion plan aimed at improving facilities for devotees and easing overcrowding. Mumbai: The Maharashtra government has approved a proposa...
Local
Mumbai: Raghav Productivity Enhancers Ltd (RPEL) on Thursday announced its financial results for the quarter and half-year ended 30 September 2026, reporting a 61 per cent rise in profit after tax (PAT) for H1 FY27, which stood at ₹41 crore. Half-Yearly Performance For the first ...
Local
Mumbai: Maharashtra is planning to set up its fifth Film City in the coastal belt of Ratnagiri, with Palshet, Velneshwar and Tavsal villages in Guhagar taluka identified as the proposed location. The project is expected to come up on 125 acres of land under the Maharashtra Touris...
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Mumbai: Crompton Greaves Consumer Electricals Limited reported a 64.9 percent year-on-year increase in consolidated net profit to Rs 124.39 crore for the quarter ended September 30, 2026, compared with Rs 75.42 crore in the corresponding quarter last year. Revenue from operations...
business
Mumbai: E2E Networks Limited , an AI-First Cloud GPU Platform, announced on October 16, 2026, its unaudited financial results for the second quarter and half year ended September 30, 2026. Financial Performance For Q2 FY27, the company's revenue reached ₹2,238 Mn, marking a 411% ...
Local
Mumbai: Directorate of Enforcement (ED), Mumbai Zonal Office-I has conducted search operations on 16.10.2026 at 29 premises across 6 cities, Mumbai, Nashik, Ahmedabad, Gandhinagar, Surat and Bhavnagar under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in...
News
As the world prepares to observe World Food Day on Thursday, India continues to grapple with serious hunger and malnutrition challenges despite improvements in key nutrition indicators over the past two decades. Also Watch: The Global Hunger Index (GHI) 2026, released on October ...
Local
Mumbai: Financial inclusion must deliver affordable credit, insurance and pensions alongside banking access and digital payments , Maharashtra Governor Jishnu Dev Varma said at ASSOCHAM’s 21st Annual Summit and Awards on October 16. Addressing banking and financial sector leaders...
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Congress leader and Leader of Opposition Rahul Gandhi on Friday, October 16, questioned the Central government over US Secretary of State Marco Rubio’s proposed meeting with Indian officials in Mumbai next week. Gandhi claimed that officials of the Ministry of External Affairs (M...
