Mumbai: Bhopal-based Sarva Foam Industries Limited has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI for an initial public offering (IPO). The proposed IPO comprises a fresh issue of up to 54 lakh equity shares and an offer-for-sale (OFS) of up to 13.50 lakh shares by p...
Local
Mumbai: South Indian Bank has appointed Mahesh Muralidhar Pai as its new Managing Director and Chief Executive Officer for a period of three years, starting October 1, 2026. The appointment has been approved by the Reserve Bank of India and the bank’s shareholders at its 98th Ann...
Local
Mumbai: Mahindra Lifespace Developers Ltd (MLDL) announced on Monday that it has added three housing societies to its residential redevelopment portfolio in Mumbai , with a total potential gross development value (GDV) of ₹1,500 crore. Project Details The additions include two so...
Local
Maharashtra Chief Minister Devendra Fadnavis commended Captain Smit Machchhar for his role in saving lives. During a flight incident, Machchhar demonstrated significant courage despite being injured. External Affairs Minister S Jaishankar also acknowledged Machchhar's actions, st...
business
Mumbai: Paisalo Digital Limited secured approximately ₹294.9 crore through a public NCD issue, part of its ₹900 crore shelf programme. This was followed by a ₹124.47 crore listed, dual-rated, unsecured private placement NCD issuance in September 2026, the company announced on Oct...
Local
Mumbai: Dodla Dairy Limited on 1 October 2026 announced the completion of its acquisition of a 2% equity share capital in Sids Farm Private Limited. The transaction, valued at ₹11,64,56,724, involves 27,708 equity shares. Allotment Details Dodla Dairy Limited received the allotme...
News
India’s gross Goods and Services Tax (GST) collections rose 14.7% year on year to ₹2.04 lakh crore in September, keeping revenues above the ₹2 lakh crore threshold for the third consecutive month. The September collection was higher than the ₹1.77 lakh crore recorded in the same ...
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Nagoya: Indian compound archer Ganesh Mani Ratnam Thirumuru produced a commanding performance to win the men's individual bronze medal at the Asian Games here on Thursday. The archers keep delivering! India’s Ganesh Mani Ratnam Thirumuru beats Cong Duc Dang 149-144 to win bronze ...
Local
Mumbai: Kotak Mahindra Bank has received Reserve Bank of India approval to appoint Anup Kumar Saha as managing director and chief executive officer for three years from January 1, 2027. The private sector lender announced the approval on Thursday, bringing clarity to its leadersh...
safety
Captain Smit Machchhar highlighted the importance of cabin crew in ensuring passenger safety during emergencies in a podcast. He recounted a medical emergency where a pregnant passenger unexpectedly went into labor mid-flight and how the crew coordinated effectively. In a recent ...
government
Mumbai: Steel manufacturer B.S. Sponge Ltd has filed draft papers with the Securities and Exchange Board of India to raise ₹1,000 crore through an initial public offering. According to the Draft Red Herring Prospectus filed on Wednesday, the proposed B.S. Sponge IPO combines a fr...
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The petition further said it noticed from June 2025 that Maharashtra RTOs registered vehicles without installation of a Vehicle Location Tracking Devices; it said authorities renewed vehicles without verifying installation or operation of the devices...
