Private credit is emerging as an alternative source of capital for Indian companies and a diversification avenue for investors. But how does it work, what risks does it carry, and who should consider it? Sheryll D’Souza of The Free Press Journal speaks with Shantanu Sahai, CEO of ASK Private Cred...
safety
In a significant move, the Supreme Court of India has revoked the bail of Ramesh Mhatre, a 73-year-old municipal corporator, following his arrest for allegedly attacking medical professionals. Initially granted bail in July, Mhatre's case was revisited owing to reservations expre...
business
Mumbai: Gland Pharma on Thursday, October 1, 2026, announced a USD 21 million (approximately ₹175 crore) investment in its wholly-owned US subsidiary, Gland Pharma USA Inc. The investment is aimed at expanding the company's business operations in the United States of America . No...
business
The Indo-Vietnamese Chamber of Commerce and Industry (IVCCI) organised its 36th Annual General Meeting (AGM) at the IMC Chamber of Commerce and Industry (IMC) headquarters in Mumbai, bringing together industry leaders, business representatives and stakeholders to deliberate on st...
business
Mumbai: Medi Assist Healthcare Services Ltd will act as the first Health Benefit Administrator (HBA) for the Pension Fund Regulatory and Development Authority's (PFRDA) new NPS Swasthya scheme, the company announced on October 1, 2026. Scheme Launch Sanjay Lohia, Union Secretary,...
Local
Mumbai: Indian stock markets ended sharply lower on Thursday, October 1, as concerns over rising energy prices, unstable global bond yields and possible interest rate increases kept investors cautious. The decline extended the market’s losing streak to four consecutive sessions. ...
government
Mumbai: Federation of Indian Pilots (FIP) president Captain C.S. Randhawa on Thursday described the reported attack on Captain Smit Machchhar aboard a flydubai flight as 'extremely serious', saying he had never encountered such an incident during his nearly five-decade aviation c...
business
India-US trade relations remain uncertain following the passage of the Graham Bill by the US Congress and its subsequent approval by the US President, the Finance Ministry said in its September Monthly Economic Review. The Lindsey O Graham Sanctioning Russia and Iran Act of 2026 ...
Local
Mumbai: Sheela Foam Limited announced on 1 October 2026 that House of Kieraya Limited, also known as Furlenco , is now a subsidiary. This change came into effect after an amendment to the Shareholders' Agreement, originally executed on 17 July 2023. Ownership Details Prior to thi...
Local
A LocalCircles survey finds most Mumbai residents will switch to cards or cash instead of paying the 0.4% MDR on UPI payments once it takes effect on October 15...
