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Author: nanika Editor

Himanshu Agarwal Named CFO as Info Edge Strengthens Senior Leadership
Business

Himanshu Agarwal Named CFO as Info Edge Strengthens Senior Leadership

nanika EditorSeptember 14, 2026

Info Edge (India) Ltd has announced significant changes to its senior leadership and board, appointing Himanshu Agarwal as Chief Financial Officer (CFO) and Whole-time Director, effective September 17, 2026. The…

Vodafone Idea Secures $3.5 Billion Loan Package to Upgrade Network and Tackle Rivals
Business

Vodafone Idea Secures $3.5 Billion Loan Package to Upgrade Network and Tackle Rivals

nanika EditorSeptember 11, 2026

A consortium of Indian lenders led by the State Bank of India (SBI) has agreed to extend approximately $3.5 billion (₹29,000+ crore) in debt financing to Vodafone Idea Ltd. (Vi)…

Walmart-Backed Flipkart Challenges Zomato and Swiggy with New Food and Quick-Commerce Apps
Business

Walmart-Backed Flipkart Challenges Zomato and Swiggy with New Food and Quick-Commerce Apps

nanika EditorSeptember 10, 2026

Walmart-backed e-commerce giant Flipkart is expanding its reach into new digital categories by testing a food-delivery service named ‘Eat In’ alongside a standalone app for its quick-commerce venture, Flipkart Minutes.…

Fairfax Bid Weighs on IDBI Bank Shares, Stock Drops Over 10%
Banking

Fairfax Bid Weighs on IDBI Bank Shares, Stock Drops Over 10%

nanika EditorSeptember 9, 2026

Shares of IDBI Bank fell 10.56 per cent to close at Rs 81.12 on Tuesday, with investors focusing on the reported price at which Canada-based Fairfax Financial Holdings could acquire…

Maruti Suzuki Raises Prices for Select Models, Third Hike Since May
Business

Maruti Suzuki Raises Prices for Select Models, Third Hike Since May

nanika EditorSeptember 8, 2026

Maruti Suzuki India, the country’s largest carmaker, has announced a price increase of up to Rs 20,000 on select models, marking its third price hike since May amid sustained increases…

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…

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