March 4, 2026
Headlines
Nothing 20 1

IndusInd Bank’s ₹2,500 crore scandal exposes deep cracks in governance: Who missed the red flags?

Business News Desk04 mins mins

Six months after a ₹2,500 crore accounting hole surfaced at IndusInd Bank, the scandal continues to shake investor confidence and raise uncomfortable questions about corporate governance, regulatory oversight, and internal accountability. What began as “discrepancies” in the bank’s derivative portfolio has now snowballed into a full-blown investigation, with Mumbai Police launching a formal probe and…

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Nothing 19 2

IRFC sanctions ₹12,640 crore term loan for Chhattisgarh thermal power project, signals renewed push for energy infrastructure

Business News Desk24 mins mins

In a major boost to India’s energy infrastructure, the Indian Railway Finance Corporation (IRFC) has sanctioned a ₹12,640 crore term loan for a large-scale thermal power project in Chhattisgarh. The funding, approved on September 26, 2025, is aimed at supporting the construction and commissioning of a 1,600 MW coal-based power plant that will supply electricity…

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Nothing 18 2

Glottis ₹307 crore IPO opens September 29; anchor investors commit ₹55.3 crore ahead of listing

Business News Desk24 mins mins

Glottis BioPharma Ltd is set to launch its ₹307 crore Initial Public Offering (IPO) on September 29, 2025, marking a major milestone for the fast-growing pharmaceutical and biotech firm. The IPO will remain open for subscription until October 3, with a price band expected to be announced shortly. Ahead of the public offering, Glottis has…

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Nothing 17 2

Your home may be the next battleground in the Ambani-Mittal rivalry as broadband, smart energy and home automation heat up

Business News Desk04 mins mins

India’s richest boardroom rivalry is heading straight to your living room. Mukesh Ambani’s Reliance Industries and Sunil Bharti Mittal’s Bharti Enterprises are gearing up for a fresh face-off—not in telecom towers or data centers, but in the rapidly expanding domain of smart homes, broadband infrastructure, and energy-tech solutions. With both conglomerates doubling down on last-mile…

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Nothing 16 2

Tata Motors announces top-level management reshuffle ahead of strategic demerger into EV and ICE divisions

Business News Desk04 mins mins

Tata Motors has initiated a significant top-level management overhaul as it prepares for its much-anticipated demerger, aimed at separating its electric vehicle (EV) and internal combustion engine (ICE) businesses into distinct entities. The move, announced on September 26, 2025, is part of the company’s long-term strategy to unlock value, sharpen operational focus, and align leadership…

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Nothing 15 2

Parijat Industries files DRHP with SEBI for ₹160 crore IPO to fuel agrochemical expansion and global outreach

Business News Desk04 mins mins

Parijat Industries, a leading agrochemical manufacturer based in India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO worth ₹160 crore). The move marks a strategic milestone for the company as it seeks to expand its manufacturing capacity, strengthen its…

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Nothing 10 3

SME IPOs could be India’s mid-market exit engine, says Aeravti Ventures amid rising liquidity and valuation appetite

Business News Desk04 mins mins

India’s Small and Medium Enterprise (SME) IPO ecosystem is emerging as a powerful mid-market exit engine for venture capital and private equity investors, according to Aeravti Ventures, a leading growth-stage investment firm. Speaking at the India Startup Capital Forum 2025, Aeravti’s Managing Partner Radhika Mehta said that SME listings are no longer just a liquidity…

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Nothing 12 3

India’s auto component industry can cross $100 billion and go global, says Sona Comstar CEO

Business News Desk24 mins mins

India’s auto component industry is poised to become a $100 billion powerhouse by 2030, provided it embraces electrification, innovation, and global integration, according to Sona Comstar CEO Vivek Vikram Singh. Speaking at the India Mobility Summit 2025, Singh laid out a bold vision for the sector, emphasizing the need for scale, sustainability, and strategic exports…

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Nothing 11 3

India must prepare for ethanol exports, says Nitin Gadkari amid rising global demand and surplus production

Business News Desk03 mins mins

Union Minister for Road Transport and Highways Nitin Gadkari has called on India to actively gear up for ethanol exports, citing the country’s growing production capacity and the global shift towards biofuels. Speaking at a national energy summit in New Delhi on September 24, 2025, Gadkari emphasized that India’s ethanol economy is now robust enough…

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Nothing 9 3

India eyes strategic reset in Japan trade pact with focus on rice exports, investment flows and tariff parity

Business News Desk04 mins mins

India is preparing to renegotiate its Comprehensive Economic Partnership Agreement (CEPA) with Japan, aiming to unlock greater market access for agricultural exports—particularly rice—and streamline investment flows between the two economies. The move comes amid growing calls from Indian exporters and trade bodies to address asymmetries in tariff structures and non-tariff barriers that have limited India’s…

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