March 6, 2025
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RBI business restrictions Edelweiss Group

RBI Imposes Business Restrictions on Edelweiss Group: Regulatory Scrutiny and Investor Confidence

Prateek08 mins

RBI Imposes Business Restrictions on Edelweiss Group Overview of RBI’s Action The Reserve Bank of India (RBI) has imposed significant business restrictions on Edelweiss Group’s lending and asset reconstruction entities. This move aims to address concerns related to loan manipulation and structured transactions that allegedly circumvented regulatory norms. Edelweiss Asset Reconstruction Company Ltd (EARCL) and…

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Reliance Industries Rosneft deal

Reliance Industries Rosneft Deal: Rouble Payments & Key Takeaways

Prateek08 mins

Reliance Industries Strikes Deal with Rosneft for Rouble Payments Reliance Industries Limited (RIL), the conglomerate led by India’s richest man Mukesh Ambani, has recently made headlines with its strategic move involving Russia’s Rosneft Oil Company. The deal entails a significant shift in payment mechanisms for crude oil imports, marking a milestone in the energy sector….

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India smartphone export growth

India’s Smartphone Exports Surge by 42% in FY24, Driven by PLI Scheme

Prateek010 mins

Smartphones Become India’s Fourth Largest Export Item with 42% Growth Introduction India has achieved a significant milestone by making smartphones its fourth-largest export item, with an impressive 42% growth in the fiscal year 2023-24. This surge underscores the country’s evolving position in the global technology market. Significant Growth in Smartphone Exports In FY24, smartphone exports…

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IOCL premium fuel export

IOCL Exports XP100: High-Octane Fuel to Sri Lanka Enhances Bilateral Trade

Prateek09 mins

IOCL Exports Premium Fuel XP100 to Sri Lanka Indian Oil Corporation Limited (IOCL) has recently initiated the export of its premium-grade fuel, XP100, to Sri Lanka. This marks a significant milestone in India’s energy sector, reflecting both technological advancement and international collaboration. XP100, a high-octane fuel, is known for its superior quality and performance, catering…

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Tata Motors Bajaj Finance partnership

Tata Motors Bajaj Finance Partnership: Enhancing Dealer Financing Options for Economic Recovery

Prateek07 mins

Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options Tata Motors, one of India’s leading automobile manufacturers, has recently entered into a strategic partnership with Bajaj Finance to bolster its dealer financing options. This collaboration aims to provide enhanced financial solutions to Tata Motors’ dealer network across the country. The partnership entails Bajaj…

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Sanjiv Puri CII President

Sanjiv Puri Elected CII President for 2024-25 | Leadership Transition at CII

Prateek08 mins

Sanjiv Puri Elected CII President for 2024-25: A Leadership Transition Leadership Transition at CII Sanjiv Puri, Chairman and Managing Director of ITC Ltd., has been elected as the President of the Confederation of Indian Industry (CII) for the term 2024-25. He succeeds R Dinesh, the Chairman of TVS Supply Chain Solutions. This significant leadership transition…

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Bank of Maharashtra business growth

Bank of Maharashtra Business Growth: Key Insights for Banking & Civil Service Exams

Prateek011 mins

Bank of Maharashtra Leads PSU Banks in FY24 Business Growth Impressive Growth Figures The Bank of Maharashtra has outperformed its peers in the public sector undertaking (PSU) banking sector, achieving the highest business growth in the financial year 2023-24. The bank reported a remarkable increase in its total business, which includes both deposits and advances….

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UK-India Free Trade Agreement

UK-India Free Trade Agreement Reaffirmed at Annual Strategic Dialogue

Prateek07 mins

India and Britain Reaffirm Commitment to FTA at Annual Strategic Dialogue Key Discussions and Progress During the annual UK-India Strategic Dialogue in London, India and the UK reiterated their commitment to a Free Trade Agreement (FTA), aiming to enhance economic cooperation. This dialogue marks the 14th round of talks since the initial discussions began, with…

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Mahindra & Mahindra investment news

Mahindra & Mahindra ₹26,000 Crore Investment Revolutionizes India’s Automotive Sector: Focus on Electric Vehicles

Prateek011 mins

M&M Gears Up for a ₹26,000 Crore Investment in Automotive Business Major Investment in the Automotive Sector Mahindra & Mahindra (M&M), a leading player in the Indian automotive industry, has announced a significant investment of ₹26,000 crores in its automotive business over the next five years. This move underscores the company’s commitment to enhancing its…

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Bharti Enterprises ICICI Lombard sale

Bharti Enterprises Sells ICICI Lombard Shares for ₹663 Crore: Market Sentiment Analysis

Prateek06 mins

Bharti Enterprises Sells ICICI Lombard Shares for ₹663 Crore: Transaction Overview In a significant financial move, Bharti Enterprises, a prominent player in various sectors including telecom and agri-business, has sold its shares in ICICI Lombard General Insurance Company Limited. The transaction amounted to a staggering ₹663 crore. This deal marks a strategic shift in the…

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