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Author: nanika Editor

Blackstone Targets IIFL Finance Stake as India’s Financial Sector Draws Investors
Business

Blackstone Targets IIFL Finance Stake as India’s Financial Sector Draws Investors

nanika EditorSeptember 7, 2026

Blackstone Inc. is among the global investment firms reportedly considering the acquisition of Fairfax Financial Holdings’ stake in IIFL Finance Ltd., as Fairfax weighs exiting the Indian non-bank lender to…

RBI Penalises Hinduja Leyland Finance Over Microfinance, Securitisation Norms
Business

RBI Penalises Hinduja Leyland Finance Over Microfinance, Securitisation Norms

nanika EditorSeptember 5, 2026

The Reserve Bank of India (RBI) has imposed a penalty of ₹6.2 lakh on Hinduja Leyland Finance for regulatory compliance violations related to microfinance loan pricing and securitisation of assets.…

Centre Allocates ₹2,000 Crore for 31km Highway to Fortify Siliguri Corridor
Siliguri

Centre Allocates ₹2,000 Crore for 31km Highway to Fortify Siliguri Corridor

nanika EditorSeptember 4, 2026

The Central Government has sanctioned ₹2,077.18 crore for the construction of a 31.02km, four-lane highway along the highly strategic Siliguri Corridor, also known as the “Chicken’s Neck.” Announced by Union…

ICICI Bank Raises $17.88 Billion Through RBI Forex Swap Window
Banking

ICICI Bank Raises $17.88 Billion Through RBI Forex Swap Window

nanika EditorSeptember 3, 2026

ICICI Bank has mobilised around $17.88 billion (₹1.7 trillion) through the Reserve Bank of India’s special USD-INR forex swap facility for FCNR(B) deposits, according to an exchange filing. Introduced on…

Zerodha to Manage IPOs, Follow-on Issues Under New Merchant Banking Arm
Business

Zerodha to Manage IPOs, Follow-on Issues Under New Merchant Banking Arm

nanika EditorSeptember 2, 2026

Zerodha has received approval from the Securities and Exchange Board of India (Sebi) to enter the investment banking business through its subsidiary, Zerodha Corporate Advisors. The approval allows the company…

Reliance Enters Ice-Cream Segment, Targets Affordable Premium Dairy Taste
Business

Reliance Enters Ice-Cream Segment, Targets Affordable Premium Dairy Taste

nanika EditorSeptember 1, 2026

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has entered India’s competitive ice-cream market with its Bombay Creamery brand. The new range includes cones, cups, tubs,…

CCPA Rejects Trademark Defense, Penalizes United Biscuits for Misleading Packaging
Business

CCPA Rejects Trademark Defense, Penalizes United Biscuits for Misleading Packaging

nanika EditorAugust 31, 2026

The Central Consumer Protection Authority (CCPA) has imposed a ₹1 lakh penalty on United Biscuits Private Limited (formerly Pladis India Private Limited) for misleading consumers by marketing “McVitie’s Wholewheat Marie…

Vodafone Idea’s Customer Base Shows Signs of a Turnaround
Featured

Vodafone Idea’s Customer Base Shows Signs of a Turnaround

nanika EditorAugust 29, 2026

Vodafone Idea (Vi) is showing signs of a turnaround after a prolonged period of customer losses, with the telecom operator recording its fourth consecutive month of net additions in the…

Nestlé CEO Calls for Industry Consultation on India’s Front-of-Pack Warning Labels
Business

Nestlé CEO Calls for Industry Consultation on India’s Front-of-Pack Warning Labels

nanika EditorAugust 28, 2026

Amid an intensifying national debate over nutritional standards, Nestlé Chief Executive Philipp Navratil has urged the Indian government to consult food and beverage manufacturers when drafting front-of-pack health warning labels…

Health Experts Push Back as Multinationals Seek Voice in India’s Package Warning Policy
Business

Health Experts Push Back as Multinationals Seek Voice in India’s Package Warning Policy

nanika EditorAugust 27, 2026

Nestle Chief Executive Philipp Navratil has urged the Indian government to consult food and beverage manufacturers when drafting front-of-pack health warning labels to ensure regulations are formulated “scientifically.” Speaking to…

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