The Enforcement Directorate issued a Lookout Circular against Anil Ambani due to a Rs 3,000 crore bank loan fraud and money laundering investigation. The probe involves potential illegal diversion of funds, including alleged cheating of banks and bribery of Yes Bank officials.
DIPAM appointed merchant bankers and legal advisors for LIC stake sale. The government aims to shortlist IDBI Bank bidders by March and receive financial bids by December. A 6.5% LIC stake sale over two years is planned to meet SEBI norms, expecting approximately Rs 35,000 crore.
With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Srivastava, founder of trade think tank Global Trade Research Initiative (GTRI), has said.
Reliance Infrastructure Limited has denied allegations of fund diversion and said it has informed stock exchanges that it had publicly disclosed the company's financial statements.
India's shipbuilding industry is undergoing a transformational shift, as the Union Government under Prime Minister Narendra Modi accelerates efforts to build a world-class maritime ecosystem--paving the way for a Viksit Bharat by 2047, asserted Sarbananda Sonowal, the Union Minister of Ports, Shipping & Waterways (MoPSW).
Experts from across Indian industries have expressed confidence in the resilience of the Indian economy amid the US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods, describing the move as impactful in the short term but unlikely to dent India's long-term economic growth story.
The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on Friday.
New Delhi [India], August 1: BLT Logistics Limited, engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses. As on FY25, the company owned operational fleet of 106 vehicles having capacity ranging from 3.5MT to 18MT and another 15 vehicles as part of the fleet of the company's 99.99% subsidiary, Sabarmati, having capacity of 9MT. The company serves B2B customers which require transporting bulk quantities of their goods from one place to another within India. BLT proposes to open its Initial Public Offering on Monday 4th August, 2025 aiming to raise ₹ 9.72 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.
Monrovia [Liberia]/ Mumbai (Maharashtra) [India], August 1: Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 7th Edition of Merck Foundation First Ladies Initiative - MFFLI Summit 2025 on 19th and 20th June. The summit was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of Merck Foundation First Ladies Initiative along with The First Ladies of 14 African and Asian countries, who joined as the Guests of Honor and Keynote Speakers.
New Delhi [India], August 1: In a significant step toward strengthening healthcare accessibility, Healing Pharma India Private Limited (HPIPL), one of India's fast-growing pharmaceutical companies, has donated an ambulance to Bhakti Siddhant Hospital, Pune. This life-saving gesture comes under the company's Corporate Social Responsibility (CSR) initiative, aiming to make quality critical care reachable for every life in need -- especially in underserved and emergency-prone region.
Bengaluru (Karnataka) [India], August 1: TVS Motor Company recorded monthly sales of 456,350 units in July 2025 with a growth of 29% as against 354,140 units in the month of July 2024
Mumbai (Maharashtra) [India], August 1: Streax Professional, one of India's leading professional hair colour brands, celebrated the grand finale of Streax Professional Hairstyle Icon 2025 in association with OMG Face of the Year (FOTY), India's largest digital talent hunt for aspiring models and artists. Held in Mumbai, the glittering finale brought together talent, creativity, and transformation, culminating in a powerful celebration of India's hairstyling community.
Chennai (Tamil Nadu) [India], August 1: Lung cancer is one of the most common and deadliest forms of cancer globally, accounting for a significant number of cancer-related deaths each year. What makes it particularly challenging is that symptoms often appear in the advanced stages, when treatment becomes more complicated and prognosis less favourable. This is why awareness and early intervention are absolutely critical.
New Delhi [India], August 1: In a significant step toward strengthening healthcare accessibility, Healing Pharma India Private Limited (HPIPL), one of India’s fast-growing pharmaceutical companies, has donated an ambulance to Bhakti Siddhant Hospital, Pune. This life-saving gesture comes under the...
Gurugram (Haryana) [India], August 1: Policybazaar for Business (PBFB), the corporate arm of one of India’s largest online Insurance platforms, has launched ClaimSetu, a breakthrough AI-powered solution to reduce anxiety/unforeseen situations, simplify, and speed up Group Health Insurance (GHI) reimbursement...
Punjab [India], August 1: In a transformative step for early education, Guru Harkrishan Public School (GHPS), GT Road, Amritsar, has become the first school in Punjab to introduce screen-free coding for primary students. This landmark initiative is being piloted across four schools under the Chief Khalsa Diwan network, marking a major shift toward foundational 21st-century skills--without the use of screens.
Indian pharmaceutical manufacturers are preparing a two-pronged strategy to offset the impact of the soon-to-be-effective 25 per cent US tariff on Indian goods, which includes drug exports, with industry experts anticipating that the move could significantly raise medicine costs in the American market.
Faridabad (Haryana) [India], August 1: In a remarkable step forward for the future of body contouring in India, Dr. Khushboo Jha, founder of One Skin Clinic by K, hosted the official launch of ARTIQA - a revolutionary body sculpting technology based on Thermal Shock - at the prestigious Taj, Surajkund.
MUMBAI, India, Aug. 1, 2025 /PRNewswire/ -- The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), marking 25 years of its impactful journey, celebrated its Silver Jubilee by felicitating leading Member Lending Institutions (MLIs) for their exceptional contributions...
Bengaluru, Karnataka, India – Business Wire India With an aim to encourage tech-innovation through out-of-the-box ideas in insurance, HDFC ERGO General Insurance Company, India’s leading private sector general insurer, today announced the winners of Techpreneur Season-2, a launchpad for emerging...
Mumbai, Maharashtra, India & Monrovia, Liberia – Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 7th Edition of Merck Foundation First Ladies Initiative - MFFLI Summit 2025 on 19th and 20th June. The summit...
New Delhi [India], August 1: In today's globalized world, the ability to communicate in more than one language is not just a skill--it's a career accelerator. As India's young workforce continues to compete on a global stage, learning foreign languages such as German, French, Japanese, and Spanish has become one of the smartest moves for career growth, overseas education, and international job opportunities.
Bangalore (Karnataka) [India], August 1: The recent cyberattack on Aeroflot, Russia's largest airline, has shocked the global cybersecurity community -- not just because of the breach itself, but because of how long the attackers remained undetected. TechensGlobal, a global Managed Security Services Provider (MSSP) and a trusted cybersecurity delivery partner of TATA Tele Business Services, has called this incident a 'wake-up call' for critical infrastructure sectors.
New Delhi [India], August 1: The National Conclave 'Role of CSR in Mission Viksit Bharat by 2047' and Indian Achievers' Awards 2025 were held in Le Meridien, New Delhi, on 15th July. Organised by Indian Achievers' Forum, a pioneer in recognising achievements since 2000, the summit in this 25th year, honoured eminent individuals and organisations working towards the Mission Viksit Bharat by 2047.'
Bengaluru (Karnataka) [India], August 1: Vrutti has recently received a grant from the Walmart Foundation to strengthen 11 Farmer Producer Companies (FPCs) and empower over 15,000 smallholder farmers across Kalaburagi and Chikkaballapur districts in Karnataka.
Delhi, India (NewsVoir) Nutrica, a lifestyle and wellness brand by BN Holdings Limited, the flagship company of the INR 9,000 Crore BN Group founded by visionary Anubhav Agarwal, has forayed into the honey category with the launch of Nutrica Bee...
ISELIN, N.J. and LONDON and MUMBAI, India, Aug. 1, 2025 /PRNewswire/ -- Hexaware Technologies (NSE: HEXT), a global IT solutions company, today announced the appointment of Shantanu Baruah as President & Global Head – Healthcare, Life Sciences & Insurance (H&I)....
The Goods and Services Tax (GST) collections in July, in gross terms, rose over 7.5 per cent to about 1.95 lakh crore compared to about 1.82 lakh crore in the same month last year, according to official data released Friday.
Pune, Maharashtra, India (NewsVoir) DPU Super Specialty Hospital, Pimpri, Pune, announces successful implementation of a cutting-edge conduction system pacemaker procedure, led by Dr. Chetan Bhole, Assistant Professor, Department of Cardiology, Dr. D. Y. Patil Medical College, Hospital & Research Centre,...
New Delhi [India], August 1: Nutrica, a lifestyle and wellness brand by BN Holdings Limited, the flagship company of the INR 9,000 Crore BN Group founded by visionary Anubhav Agarwal, has forayed into the honey category with the launch of Nutrica Bee Honey. It is a range of purpose-led variants designed for energy, fitness, and immunity and is now available across general trade stores in Delhi NCR and Mumbai.