India’s credit card industry is witnessing a key leadership shift as SBI Cards and Payment Services, the country’s largest standalone credit card issuer, has announced a major top-level appointment. Leadership Transition Announced SBI Card has appointed Salila Pande as its new Managing Director and Chief Executive Officer, effective April 1, 2025. The company disclosed the …
As FY25 comes to a close, Coal India, the country’s largest coal producer, has fallen short of its annual production target. The state-run miner reported a decline in output for March 2025, alongside flat off-take growth for the full year. Production Falls Short of FY25 Target State-run Coal India Ltd. failed to meet its production …
India’s leading electric two-wheeler manufacturer, Ola Electric, released its March 2025 business update, outlining monthly sales figures. The company also provided insights into its annual performance, offering a snapshot of its operational momentum amid ongoing challenges. March 2025 Sales and Annual Performance Ola Electric registered 23,430 electric two-wheeler units in March 2025, according to the VAHAN …
As the drone industry continues to evolve globally, India is rapidly emerging as a key player in this high-tech sector. With advancements in both civil and defence applications, drones are becoming an integral part of various industries, including agriculture, logistics, surveillance, and defence. The Indian government’s push for “Make in India” and self-reliance in defence …
On March 31, 2025, Aditya Birla Capital Limited (ABCL) completed the merger of its wholly owned subsidiary, Aditya Birla Finance Limited (ABFL), into itself. This follows the approval of the National Company Law Tribunal (NCLT), Ahmedabad, on March 24, 2025. The merger officially takes effect on April 1, 2025, with the appointed date set as …
IndusInd Bank share price is trading at ₹674.00, up by ₹24.15 (3.72%) as of 12:10 PM IST on April 1, as reports emerged about the bank’s recent loan transactions. The bank has transferred high-rated corporate loans to private banks like Federal Bank and ICICI Bank to strengthen its liquidity position. These loans were acquired at …
On March 31, 2025, Sun Pharma Advanced Research Company Ltd. (SPARC) submitted an Investigational New Drug (IND) application to the US Food and Drug Administration (FDA). This application supports the further development of SBO-154, a potential treatment for advanced solid tumours. The drug has successfully completed preclinical studies, showing positive results. A global Phase 1 …
India enjoys a strong position in the global heavy vehicles market as it is the largest tractor producer, second-largest bus manufacturer, and third-largest heavy truck manufacturer in the world. During March 2025, the auto players posted strong numbers, with double-digit growth experienced by Mahindra & Mahindra and two-wheeler manufacturer TVS Motors. Auto Sales March 2025 …
Gold has long been a prized asset in India, representing both prosperity and financial stability. In the past, investments in gold were primarily confined to physical forms like jewellery and bullion. However, with the emergence of modern financial instruments, investors now have the opportunity to invest in gold stocks, offering an alternative way to gain …
Bank of India (BOI) announced the execution of a syndicated loan agreement worth ¥15 billion (approximately $100 million). The funds are being raised through its International Banking Unit (IBU) based in GIFT City, Gujarat, and are intended for on-lending and general corporate purposes across the bank’s overseas branches. Details of the Fundraising According to the …
