Google’s digital ad network declared illegal monopoly, joining its search engine in penalty box
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ITC to acquire organic FMCG staples brand 24 Mantra Organic for ₹472.5 crore
Shares of ITC Ltd ended at ₹427.25, up by ₹3.10, or 0.73%, on the BSE.
SEBI mulls enhancing mutual funds’ investment limit in REITs, InvITs
In its consultation paper, SEBI noted that the current single issuer and overall limits of 5% and 10%, respectively, in REITs and InvITs restrict mutual funds desirous of taking exposure in REITs and InvITs as an asset class.
Jio Financial Services Q4 revenue rises 18% YoY on lending momentum; declares dividend
Jio Financial Services reported an 18% rise in Q4 revenue driven by lending and digital growth. Ahead of the results, shares of Jio Financial Services Ltd closed at ₹246.45, up 1.73%, on BSE today, April 17.
RBI imposes penalty on IDFC First Bank for KYC violations
RBI fines IDFC First Bank ₹38.60 lakh for non-compliance with KYC norms under the Banking Regulation Act, 1949. Read full report.
RBI slaps ₹29.6 lakh fine on PNB for customer service lapses
Shares of Punjab National Bank ended at a price of ₹99.38, up 0.6%.
IndusInd Bank appoints Santosh Kumar as Deputy CFO, Arun Khurana relieved of additional CFO duties
Kumar, who currently serves as Chief Accountant, will also be designated as a ‘Key Managerial Personnel’ of the bank. In this capacity, he is authorised to head the finance and accounts functions of IndusInd Bank until a full-time CFO is…
Debt funds are back: Double-digit returns, policy tailwinds spark fresh interest
The strong showing in the debt market is closely tied to the Reserve Bank of India’s recent monetary policy decisions. In a bid to support growth amid global uncertainty and softening inflation, the RBI has cut the interest rates twice…
American Express affirms outlook as high-end spending stays strong
Amex still anticipates full-year revenue growth of 8% to 10% and earnings of $15 to $15.50 per share, the firm said in a statement Thursday, although it cautioned the ranges are “subject to the macroeconomic environment.”
Infosys to acquire MRE Consulting, The Missing Link to expand global footprint
Infosys has approved the acquisitions of MRE Consulting in the US and The Missing Link in Australia, strengthening its digital and cybersecurity capabilities amid muted Q4 earnings and cautious FY26 outlook.