Home Industry

Industry

Top Indian bankers may see 9% salary hikes, earning 37% more than Singapore, Hong Kong peers

Senior investment bankers in India earn significantly more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence. The analysis, based on a survey conducted by recruiter Michael Page, revealed that investment banking heads and directors in India’s key financial centers — such as Mumbai and GIFT City — are paid 24 per

JSW Steel records 8% YoY growth in May production volume to 22.73 lakh tonnes

JSW Steel on Monday released its monthly business update wherein it recorded consolidated steel production for the month of May 2025 at 22.73 lakh tonnes. This was 8 per cent higher as compared with production volume of 20.98 lakh tonnes reported in May 2024. Indian operations, JSW Steel said in a regulatory filing, produced 21.94

Centre appoints Sat Pal Bhanoo as LIC’s interim CEO, MD for 3 months

The Government has appointed LIC Managing Director Sat Pal Bhanoo to the role of CEO and MD for three months starting Sunday. The announcement came hours after Siddhartha Mohanty completed his tenure at the helm and efforts remain to secure a more permanent replacement. The instructions were conveyed to the Life Insurance Corporation of India

ICAI to name statutory auditors for co-operative banks soon

The Institute of Chartered Accountants of India (ICAI) is set to suggest names of the chartered accountant (CA) firms to National Bank for Agriculture and Rural Development (NABARD) for appointment/re-appointment as statutory auditors of State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) for FY26. A senior official told FE that the applications of the

‘Indusind Bank doing well’: RBI Gov says adequate steps taken to help improve accounting

The Reserve Bank governor, Sanjay Malhotra, gave a positive outlook on the IndusInd Bank, speaking to the media at a press conference after the MPC meeting on Friday. In the post-meeting conference, the RBI Governor pointed out that the bank’s accounting condition has improved. “I think the bank has taken enough steps to improve their

Rs 855 crore land deal: Find out who bought Balaji IT Park in Mumbai from Jeetendra Kapoor and family

NTT Global Data Centres, a subsidiary of Japanese IT infrastructure and service company NTT Data, has purchased a land parcel for Rs 855 crore in Mumbai. The company bought the property from the Bollywood actor Jeetendra Kapoor and his family in Mumbai’s suburban region in Andheri.  ALSO READGarden Reach Shipbuilders expands offshore capabilities: Inks multiple

Mumbai dominates Hurun Women Leaders List: 38 influential women hail from Maximum City

Mumbai has emerged as the hub of the country’s most influential women leaders. The city is home to the majority of the Candere Hurun India Women Leaders list for 2025. Of the 97 most influential women leaders selected in the list, 38 hail from Mumbai.  ALSO READHurun honours women leaders of India: Shanti Ekambaram, Radha

Man Industries to raise Rs 300 crore via preferential issue

Man Industries will raise Rs 300 crore through a preferential allotment of convertible warrants and equity shares. The company has scheduled an Extraordinary General Meeting (EGM) on June 25 to get the necessary approvals from investors. ALSO READVodafone Idea not out of woods yet: Can the latest fund raising spur a revival? As per the
Stay Connected
0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -
Latest Articles

Filing ITR-1 or ITR-4? Tax Dept seeks additional disclosures for THESE deductions

If you file ITR-1 or ITR-4 under the old tax regime, then this write-up is very important for you. The Income Tax Department has made many new changes in the ITR forms this time, which will directly affect your tax filing. The special thing is that now just filling out the form will not be

Rare earth elements found in Telangana coal mines, search expands nationwide: Report

India is stepping up efforts to extract more rare earth elements (REEs) from mining waste, especially from coal mine overburden (byproducts and waste), government sources told CNBC TV18. The expanded exploration is aimed at making better use of resources in open-cast mines. These enhanced exploration, the report added, will cover not just overburden from existing

China’s specialty fertiliser ban could be a boon for these 3 Indian companies

First it was rare earth magnets, now it’s fertilisers.  China has halted shipments of speciality fertilisers used to increase the yields of fruits, vegetables, and other remunerative crops to India for the last two months, according to media reports.  However, China, a global supplier of agricultural inputs, continues to export them to other nations. China

THESE 5 banks are offering rates as low as 7.35% – Is your EMI still high?

In the first half of 2025, the Reserve Bank of India (RBI) has reduced the repo rate by 100 basis points, ensuring a significant decline in the loan rates in the banking sector. This has brought great relief, especially for home loan borrowers, because this loan is taken for a long period (20 to 30

Mahindra Holidays receives over Rs 360 crore tax notice, company says ‘taking appropriate legal steps’

Mahindra Holidays & Resorts India has disclosed in a regulatory filing that they have received a tax demand notice of over Rs 363 crore. The notice was issued by Anna Salai,  who is the state tax officer at the Central Board of Indirect Taxes and Customs, Chennai. The company received a show-cause notice from the authority