News Overview

The RBI's guidelines do not require a small finance bank to have an identified promoter to transition to a universal bank.

The US Food and Drug Administration (USFDA) has approved LEQSELVI (deuruxolitinib) 8 mg tablets, according to a regulatory filing.

CPCL operates under the Ministry of Petroleum and Natural Gas of the Government of India, with its headquarters in Chennai, India.

The order includes the engineering, design, procurement, building, testing, and commissioning of a 500 x 2 (1,000 MWhr) stand-alone BESS plant in Rajasthan

According to the report, the state-owned refiner plans to sell at least one 40,000-60,000 tonne cargo every month from September to February

Currently, the company's operating capacity is 11.2 gigawatts (GW), of which over two thirds are derived from solar energy.

In May, Mankind's board approved an equity fund raising of ₹7,500 Crore and raised borrowing restrictions to ₹12,500 Crore.

DLF saw a 214% year-on-year increase in new sales bookings to ₹6,404 Crore. The company achieved a solid operating cash flow of ₹1,849 Crore.

Radhakishan Damani's firm Derive Trading sold a portion of its ownership in tobacco company VST Industries in bulk transactions on Wednesday.

AU Small Finance Bank's pre-provisioning operating profit (PPoP) increased by 81% year on year to ₹988 Crore, up from ₹546 Crore in Q1 FY24.