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SBI Life has launched a term insurance plan called ‘SBI Life – Smart Shield Plus’, designed for consumer’s evolving insurance needs, the insurer said in a statement. Claiming to have some ‘future-ready features’, the term insurance plan comes with an increasing cover, whole life protection and optional benefits, it said. “This individual, non-linked, non-participating, pure

VinFast’s founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company as it strives to break even by the end of 2026.The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast

Regaal Resources IPO was subscribed 159.88 times on the final day of bidding on August 14. The issue received 335 crore bids for the offered 2.09 crore equity shares.  Regaal Resources IPO’s Non-Institutional Investors portion was subscribed  356.73 times, receiving 160 crore bids for 44.9 lakh shares. The issue’s  Qualified Institutional Buyer portion was subscribed

The Income Tax Bill 2025 passed in the Lok Sabha on Monday has brought great relief to government pensioners and many other taxpayers. The new bill clearly provides that the entire amount of commuted pension will be exempted from tax, provided this pension is received from an approved pension fund. Earlier this exemption was available

Suzlon Energy registered a 7.3 per cent YoY increase in its consolidated net profit in Q1 FY26. The company posted a profit of  Rs 324.32 crore for the quarter. The company had posted a net profit of Rs 302.29 crore in the corresponding quarter last year Suzlon Energy’s total income rose to Rs 3,165.19 crore

The Indian stock market ended the day on a cautious note, with key indices closing in the red. The Sensex settled at 80,252.75, slipping by 0.44%, while the Nifty dropped to 24,487.40, down by 0.4%. The banking index, Nifty Bank, also followed the trend, closing at 55,043.70, lower by 0.84%. Let’s take a look at

The new Income Tax Bill, 2025 was passed in the Lok Sabha on Monday without debate. Earlier today, Finance Minister Nirmala Sitharaman reintroduced the Income-Tax (No 2) Bill in the Lok Sabha, days after it was withdrawn in the House to incorporate key recommendations of the Select Panel of the Lok Sabha. One more bill

Adani Defence Systems and Technologies Limited (ADSTL), through its venture Horizon Aero Solutions Limited, in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100% stake in Indamer Technics Private Limited (ITPL). Horizon is a 50-50 partnership between ADSTL and Prime Aero, a company owned by Prajay Patel, the director