Union Bank probes lapses in book procurement deal
Media365- May 6, 2025
Union Bank of India, a public sector bank, has informed stock exchanges that it was probing certain lapses in the procurement of books by the bank for the purpose of…
Sumitomo Mitsui likely to acquire 51% stake in Yes Bank
- Media365
- May 6, 2025
Japan’s Sumitomo Mitsui Banking Corporation is likely to pick up 51% stake in Yes Bank from the scam-hit bank’s shareholders. The Japanese bank is reportedly in talks with several key…
Bank of Baroda Q4 net profit rises 3% to ₹5,048 crore
- Media365
- May 6, 2025
Bank of Baroda, for the fourth quarter ended March 31, 2025, reported 3% growth in standalone net profit at ₹5,048 crore as compared with ₹4,886 crore in the year ago…
Goyal reiterates India will retaliate against carbon tax
- Media365
- May 6, 2025
Commerce and Industry Minister Piyush Goyal once again warned that India would retaliate with taxes of its own if Europe goes ahead with its Carbon Border Adjustment Mechanism (CBAM) plan.…
Shell, RIL, ONGC complete India’s first offshore facilities decommissioning project
- Media365
- May 6, 2025
Panna-Mukta and Tapti (PMT) oil fields joint venture partners – Shell (through BGEPIL), Reliance Industries Ltd (RIL), and Oil and Natural Gas Corporation Ltd. (ONGC) said they had successfully completed…
Apollo Defence Industries to acquire IDL Explosives for ₹107 crore
- Media365
- May 6, 2025
Apollo Defence Industries Private Ltd., the subsidiary of Apollo Micro Systems Ltd., said it has signed a share purchase agreement to acquire full ownership of IDL Explosives Ltd from the…
India, U.K. conclude trade deal, double contribution convention
- Media365
- May 6, 2025
Prime Minister Narendra Modi during a bilateral meeting with U.K. Prime Minister Keir Starmer on the sidelines of the G20 Summit, in Rio de Janeiro. File | Photo Credit: PTI…
IMF’s April Outlook projects India to become fourth largest in 2025
- Media365
- May 6, 2025
FILE PHOTO: A view of the International Monetary Fund logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File Photo | Photo Credit: BENOIT TESSIER The International…
Sensex falls 155 points as investors turn cautious amid India-Pakistan tensions
- Media365
- May 6, 2025
Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday (May 6, 2025) due to profit booking, mainly in banking and oil shares, and investors staying on…
Corporate Affairs Ministry orders probe against Gensol Engineering, BluSmart
- Media365
- May 6, 2025
The Corporate Affairs Ministry has ordered a probe into the affairs of crisis-hit Gensol Engineering and BluSmart Mobility for alleged violations of companies law, according to officials. Gensol Engineering came…