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Author: nanika Editor

Union Bank of India Eyes ₹8,000 Crore Raise via Basel III Bonds and Equity Issuance
Business

Union Bank of India Eyes ₹8,000 Crore Raise via Basel III Bonds and Equity Issuance

nanika EditorMay 27, 2026

In a major financial development, the Board of Directors of the Union Bank of India has officially approved a proposal to raise up to ₹8,000 crore in capital. The decision,…

RBI Monitors Corporate Credit Health as West Asia Conflict Threatens Inflation
Business

RBI Monitors Corporate Credit Health as West Asia Conflict Threatens Inflation

nanika EditorMay 26, 2026

The Reserve Bank of India has initiated proactive discussions with local credit-rating companies to gauge potential stress among Indian borrowers amid the escalating West Asia conflict. This pre-emptive measure aims…

AI-Ready Infrastructure to Propel Schneider Electric’s India Growth Beyond Core Business
Business

AI-Ready Infrastructure to Propel Schneider Electric’s India Growth Beyond Core Business

nanika EditorMay 25, 2026

Schneider Electric expects its India data center business to outpace its core operations over the next four to five years. Driven by a surging demand for AI-ready infrastructure, the segment…

Empowering Tribal Women: How Tripura’s TRESP Project is Transforming the Rural Economy
Tripura

Empowering Tribal Women: How Tripura’s TRESP Project is Transforming the Rural Economy

nanika EditorMay 22, 2026

The Tripura government is aggressively pushing to transform the rural economy and empower tribal communities through the Tripura Rural Economic Growth and Service Delivery Project (TRESP). Speaking at a state-level…

Samsung Electronics Reaches Tentative Agreement to Call Off Historic Labor Disruption
Business

Samsung Electronics Reaches Tentative Agreement to Call Off Historic Labor Disruption

nanika EditorMay 21, 2026

In a major breakthrough for the global tech sector, Samsung Electronics has successfully reached a tentative agreement with its labor union. The last-minute deal averts an eighteen-day general strike that…

Ola Electric Reports ₹500 Crore Q4 Loss; Revenue Drops 57% En Route to Recovery
Business

Ola Electric Reports ₹500 Crore Q4 Loss; Revenue Drops 57% En Route to Recovery

nanika EditorMay 20, 2026

India’s premier electric scooter manufacturer, Ola Electric, reported a significant narrowing of its net loss for the fourth quarter of fiscal year 2026. The company’s net loss contracted by 43%…

Following Robust 2025 Profits, PepsiCo India Ramps Up Production Footprint
Business

Following Robust 2025 Profits, PepsiCo India Ramps Up Production Footprint

nanika EditorMay 19, 2026

Food and beverages giant PepsiCo India has announced a major investment plan of up to ₹5,700 crore by 2030. The massive capital injection will primarily focus on ramping up the…

Maruti Suzuki Starts Commercial Production at Second Kharkhoda Plant in Haryana
Business

Maruti Suzuki Starts Commercial Production at Second Kharkhoda Plant in Haryana

nanika EditorMay 18, 2026

India’s largest carmaker, Maruti Suzuki India Limited (MSIL), officially announced the commencement of commercial production at the second plant of its mega manufacturing facility in Kharkhoda, Haryana. This strategic expansion…

Electronics Giant Kaynes Technology Reports 21.5% Dip in Quarterly Profits
Business

Electronics Giant Kaynes Technology Reports 21.5% Dip in Quarterly Profits

nanika EditorMay 14, 2026

Mysuru-based electronics system design and manufacturing firm, Kaynes Technology, faced a challenging day on the bourses after reporting a significant 21.5% drop in net profit for the fourth quarter. Despite…

Zoho Pledges ₹70 Crore to ONDC to Empower Indian MSMEs
Business

Zoho Pledges ₹70 Crore to ONDC to Empower Indian MSMEs

nanika EditorMay 13, 2026

In a significant move to bolster India’s digital infrastructure, global technology leader Zoho Corporation has announced a strategic investment of ₹70 crore in the Open Network for Digital Commerce (ONDC).…

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