The Competition Commission of India (CCI) has granted approval to two major transactions, clearing regulatory hurdles for Emirates NBD Bank’s proposed entry into RBL Bank Limited and Tata Steel Limited’s acquisition of a controlling stake in Thriveni Pellets Private Limited (TPPL). Emirates NBD–RBL Bank Deal Structure Under the…
Muthoot Microfin Limited has approved the issuance of secured, rated, and listed non-convertible debentures (NCDs) aggregating up to ₹200 crore through a private placement route. The decision was taken by the company’s Debenture Issue and Allotment Committee on January 20, 2026. The proposed fund-raising will be carried out…
Cyient DLM reported a sharp year-on-year decline in revenue for the third quarter of FY26, reflecting slower customer demand and the impact of certain one-time costs. The company announced its financial results for the quarter ended December 31, 2025, highlighting margin resilience, strong cash generation, and a robust…
The Ministry of Finance is set to review the performance of Regional Rural Banks (RRBs) following the most recent round of amalgamations, as part of its ongoing efforts to evaluate the impact of consolidation on efficiency, stability, and credit delivery. Senior officials from public sector banks and RRBs…
JSW Thermal Energy Two Limited, a wholly owned subsidiary of JSW Energy Limited, has signed a long-term Power Purchase Agreement (PPA) with the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the development of a new 1,600 MW thermal power project at Salboni in West Bengal. The…
JSW Thermal Energy Two Limited, a wholly owned subsidiary of JSW Energy Limited, has signed a long-term Power Purchase Agreement (PPA) with the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the development of a new 1,600 MW thermal power project at Salboni in West Bengal. The…
Mastek Limited reported resilient earnings performance for the third quarter of FY26, with profitability improving even as revenues moderated on a sequential basis. The company announced its financial results for the quarter and nine months ended December 31, 2025, highlighting stronger margins, a growing order pipeline, and continued…
Vikram Solar Limited reported a sharp improvement in profitability for the third quarter of FY26, driven by higher operating efficiencies, stronger margins, and healthy growth in module sales. The company announced its unaudited financial results for the quarter and nine months ended December 31, 2025. Robust Q3 FY26…
AU Small Finance Bank has taken key steps to strengthen its leadership pipeline and governance structure as it prepares for a transition to a universal banking model. Alongside these organisational developments, the lender delivered a strong financial performance in the December quarter, supported by lower credit provisions and…
Amagi Media Labs made a lacklustre entry into the stock market on Wednesday, with its shares listing below the issue price on both the BSE and NSE, despite strong demand during its initial public offering. The stock debuted at ₹317 per share on the BSE on 21 January,…