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Abtak.com - Business - News Image
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BusinessApr 07, 2026 07:29 PM

Govt mulling options to retain 51% stake in PFC post merger with REC

Finance Minister Nirmala Sitharaman had in FY27 Budget announced restructuring of PFC and REC to help achieve scale and improve efficiency in the public sector NBFC space The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said. Finance Minister Nirmala Sitharaman had in FY27 Budget announced restructuring of Power Finance Corporation ...Read More >

apnnews.com - Business - News Image
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BusinessApr 01, 2026 02:06 PM

Signature Global partners with RMZ to dilute 50% stake in a subsidiary for commercial development, ...

New Delhi : Signature Global (India) Ltd. (BSE: 543990 | NSE: SIGNATURE), one of India's leading real estate development companies, today announced that it has successfully secured an investment of ₹1,293 crore from RMZ group. The investment secures RMZ a 50% equity stake in Gurugram Commercity Limited (GCL), which was a wholly owned subsidiary of Signature Global. Following the completion of the transaction, Signature Global and RMZ have formed a 50:50 joint venture to develop a large-scale mi ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessOct 19, 2025 10:34 AM

Crude Oil Drops As IEA Predicts Global Supply Surplus In The Year 2026 By Kedia Advisory

Kedia Advisory - Crude oil yesterday settled lower by 1.68% at 5,145 as investors reacted to concerns over a potential supply surplus and renewed trade tensions between the U.S. and China. The International Energy Agency (IEA) forecasted that the global oil market could face a surplus of up to 4 million barrels per day in 2026, significantly higher than earlier estimates, amid rising output from OPEC+ and sluggish demand growth. The ongoing U.S.-China trade dispute, with both nations imposing ne ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessOct 16, 2025 06:00 PM

Russia responds hours after Trump claims India will stop buying its oil

Russia's energy ties with India are in tune with New Delhi's national interests, Russian envoy Denis Alipov said on Thursday, asserting that overall bilateral trade relations are on an upswing. Alipov's remarks came hours after US President Donald Trump claimed that Prime Minister Narendra Modi assured him that New Delhi will stop procuring Russian crude oil. "This is a question for the Indian government (to answer)," the envoy told reporters when asked if India will continue to procure Russia ...Read More >

The Times of India - Other Sports Entertainment Business Politics - News Image
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Rural demand remains robust in India in April-June, outlook optimistic: Report

New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >

ET NOW - Business - News Image
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BusinessAug 14, 2025 09:12 AM

BSE India Defence index launched by BSE Index Services: All about it

BSE India Defence Index: BSE Index Services has launched BSE India Defence index (defence index) to track the growth of defence sector. The BSE India Defence Index will be reconstituted semi-annually (June and December). BSE India Defence Index Launched: BSE Index Services, a wholly subsidiary of BSE Ltd -- Asia's oldest exchange and the world's largest exchange in terms of the number of listed companies, has announced the launch of BSE India Defence index (defence index). The BSE India Defenc ...Read More >

Cambodian Times - Business - News Image
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BusinessJul 07, 2025 12:12 PM

Understanding the unique features of Bajaj Finserv Small Cap Fund

NewsVoir Pune (Maharashtra) [India], July 7: The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable oppo ...Read More >

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