Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect...Read More
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. As...Read More
NEW DELHI: JSW Cement, part of JSW Group, made its market debut at Rs 153 a piece on Thursday, marking a modest gain of around 4% over its issue price of Rs 147. The shares were listed at Rs 153.5 per share on the NSE, a premium of 4.42% over the issue price. On the BSE, the shares were listed at Rs 153 per share, a premium of 4.08%. Following the listing, the total market capitalisation of the company stood at nearly Rs 21,000 crore. The mainboard IPO had garnered a decent interest in the mar...Read More
Shimla (Himachal Pradesh) [India], August 14 (ANI): Continuous heavy rainfall over the past 24 hours has caused fresh damage across several parts of Himachal Pradesh, with no signs of immediate relief. While no major casualties were reported overnight, infrastructure losses remain significant, particularly to the road network, Education Minister Rohit Thakur said on Thursday."The damage is occurring at multiple locations due to ongoing rain. Even last night, significant losses occurred, though t...Read More
New Delhi: Former Indian cricketer Suresh Raina was on Wednesday questioned by the Enforcement Directorate in an alleged illegal online betting app-linked money laundering case, official sources said. Rains (38) was seen interacting with CISF personnel and Enforcement Directorate (ED) staff outside the agency's office in central Delhi before he marked his attendance at around 11 am. The federal probe agency recorded his statement under the Prevention of Money Laundering Act (PMLA) as part of t...Read More
PRNewswire Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Me...Read More
BHUBANESWAR: Revenue and Disaster Management Minister Suresh Pujari on Wednesday asked Revenue department employees to call off their indefinite strike and return to work immediately, warning of strict action if the agitation continues. He said mass leave applications will not be entertained and salaries will be withheld under the "no work, no pay" policy if employees fail to rejoin duty. Collectors have been instructed to cancel any leave already granted. The strike, which began on Monday, ha...Read More
Mumbai: Consumerware products manufacturer All Time Plastics Ltd made a strong debut on the stock exchanges on Thursday, with its shares listing at a premium of over 14 percent against the issue price of Rs 275. On the Bombay Stock Exchange (BSE), the stock opened at Rs 314.30, reflecting a 14.29 percent gain. It later rose further to Rs 322.15, marking a 17.14 percent surge. At the National Stock Exchange (NSE), the shares listed at Rs 311.30, up 13.2 percent from the IPO price, giving the comp...Read More
New Delhi, Aug 14 (PTI) Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Passenger vehicle wholesales stood at 3,41,510 units in July 2024. "All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon sai...Read More
Mumbai, Aug 14 (PTI) Mumbai Police have registered a case against actor Shilpa Shetty and her husband Raj Kundra for allegedly duping a businessman of Rs 60.4 crore in a loan-cum-investment deal in their now defunct company Best Deal TV Private Limited, officials said on Thursday. However, a lawyer representing Shetty and businessman Kundra denied the allegations, saying this was a "baseless and malicious case" aimed at maligning his clients, and appropriate action was being initiated against t...Read More
Bengaluru : L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat. Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product for bunkering applications in Singapore. The partnership marks a significant step in advan...Read More
Bengaluru -- In a landmark development for India's power and infrastructure manufacturing landscape, Zetwerk Manufacturing Businesses Pvt Ltd, a digital manufacturing platform, has acquired a controlling stake in KRYFS Power Components Ltd., a market leader in transformer solutions. This strategic move positions Zetwerk at the forefront of India's energy and electrification revolution, combining cutting-edge digital manufacturing with decades of engineering excellence to serve a fast-growing, i...Read More
New Delhi, Aug 14 (PTI) Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Passenger vehicle wholesales stood at 3,41,510 units in July 2024. "All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon sai...Read More
New Delhi [India], August 14 (ANI): Ahead of the Assembly elections in Bihar, Leader of Opposition in the Lok Sabha Rahul Gandhi on Thursday announced the launch of "VoterAdhikarYatra" against the Special Intensive Revision (SIR) of electoral rolls and called on people to "join this people's movement" Making the announcement in a post on X, the Congress MP said, "From August 17, with #VoterAdhikarYatra, we are launching a direct fight against vote theft from the soil of Bihar" Also Read | New ...Read More
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect...Read More
PURI/BHUBANESWAR: Hours after a graffiti warning of a possible terrorist attack was found on a wall near Shree Jagannath Temple in Puri, police on Wednesday detained a 'mentally unstable' man for his alleged involvement in the act. The 55-year-old suspect was detained for allegedly threatening a possible terrorist strike on the 12th century shrine by writing messages on the wall of Budhi Maa Thakurani temple near Balisahi entrance of the Heritage Corridor (Parikrama Marg), a high-security zone....Read More
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al...Read More
NEW DELHI: The Supreme Court on Thursday sought a response from the Centre on a plea seeking the restoration of statehood to Jammu and Kashmir. A bench comprising Chief Justice of India (CJI) B R Gavai and Justice K Vinod Chandran also took note of the submissions of Solicitor General Tushar Mehta, appearing for the Centre, that there were "several considerations which go into the decision-making process". It listed the plea, filed by academician Zahoor Ahmad Bhat and socio-political activist ...Read More
BHUBANESWAR: In a significant move that would resolve the problems faced by farmers during paddy procurement, the state cabinet chaired by Chief Minister Mohan Charan Majhi on Wednesday approved the proposal for establishment of 38 model mandis across all districts in the first phase. The state-of-the-art mandis will be designed to provide seamless and efficient platforms for farmers, traders and other stakeholders by integrating all essential marketing activities under one roof, with upgraded ...Read More
NEW DELHI: TDK Corporation has announced that its corporate venture capital arm, TDK Ventures, Inc., has invested $21 million in Ultraviolette, a Bangalore-based innovator in high-performance electric motorcycles. The funding, part of Ultraviolette's latest investment round, underscores TDK Ventures' commitment to advancing sustainable mobility worldwide. India's electric two-wheeler market presents a massive opportunity to cut emissions and deliver cleaner urban transport. While electric scoot...Read More
New Delhi: India's rural demand surged ahead of urban consumption in the April-June quarter of 2025, according to a new report by global research firm NielsenIQ. Buoyed by easing inflation and a favourable monsoon outlook, rural markets were instrumental in driving the packaged consumer goods (FMCG) sector's growth. The report highlighted that rural areas grew at twice the pace of cities, positioning themselves as the key drivers of volume expansion across categories. Smaller towns also contribu...Read More
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to ₹50,000. The private sector lender has now reduced the MAB requirement to ₹15,000. The bank had in July revised the minimum average balance requirement for select account categories from ₹10,000 to ₹50,000. The revision, which was scheduled to come into effect from Se...Read More
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | Ne...Read More
New Delhi, Aug 14 (PTI) Shares of gold loan NBFC Muthoot Finance on Thursday jumped 11.51 per cent after the firm reported a 65 per cent year-on-year surge in its consolidated profit after tax for three months ended June 2025. The stock surged 11.40 per cent to hit a 52-week high of Rs 2,797 on the BSE. At the NSE, the stock zoomed 11.51 per cent to Rs 2,799 -- its 52-week high level. Muthoot Finance on Wednesday reported a 65 per cent year-on-year surge in consolidated profit after tax to Rs...Read More
Mumbai, Aug 14 (SocialNews.XYZ) The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and pass cheques within a few hours and on a continuous basis during the business hours, cutting the clearing cycle down from the present T+1 days, a circular from central bank said. The current Cheque Truncation System (CTS) proce...Read More
Pune (Maharashtra) [India], August 14: As Independence Day approaches, Independence Day sales are here too. It's a great time make the most of the festive offers and upgrade home appliances. Among the many choices, a 5 Star refrigerator is one of the smartest and most practical buys. Also Read | Who Is Sandeepa Virk? All About Influencer and Entrepreneur With 1.2 Million Instagram Followers Arrested by ED in INR 40 Crore Money Laundering Case. A 5 Star refrigerator is built to use less power, ...Read More
Mumbai (Maharashtra) [India], August 14 (ANI): The Enforcement Directorate (ED) has arrested four individuals, including senior civic officials and builders, in connection with an illegal construction case linked to the Vasai Virar Municipal Corporation (VVCMC). The arrested accused are Anil Powar, IAS, former Municipal Commissioner of VVCMC; Sitaram Gupta, builder and corporator from the Bahujan Vikas Aghadi; Arun Gupta, builder; and YS Reddy, suspended Deputy Town Planner of VVCMC. All were t...Read More
Mumbai (Maharashtra) [India] August 14 (ANI): In a major step towards faster clearance of cheques, the Reserve Bank of India (RBI) has announced same-day and hourly cheque clearances in phases. According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantly reducing de...Read More
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many cl...Read More
Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and pass cheques within a few hours and on a continuous basis during the business hours, cutting the clearing cycle down from the present T+1 days, a circular from central bank said. The current Cheque Truncation System (CTS) processes cheques within a cl...Read More