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Month: March 2026

Saatvik Solar Subsidiary Wins ₹14 Crore Solar Module Supply Contract, Strengthening Renewable Portfolio

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Gurugram  — Saatvik Solar Industries Private Limited, a key subsidiary of Saatvik Green Energy Limited, has secured a significant order valued at ₹14 crore (approximately $1.7 million USD) for the supply of solar photovoltaic (PV) modules. The contract has been awarded by leading domestic Independent Power Producers (IPPs) and Engineering, Procurement, and Construction (EPC) companies, … Read more

GIPCL Secures Overwhelming Shareholder Approval for Key Resolutions in Postal Ballot

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Vadodara, India — Gujarat Industries Power Company Limited (GIPCL) has received resounding shareholder approval for two significant ordinary resolutions through a postal ballot process, reinforcing confidence in the company’s governance and strategic direction. Both resolutions were passed with more than 99% of votes in favor, reflecting strong backing from investors across categories. The postal ballot, … Read more

India’s LPG Supply Stable as BPCL Boosts Production by 40%, Ensures One Month of Stock

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New Delhi, India — State-run energy major Bharat Petroleum Corporation Limited (BPCL) has assured consumers across India that cooking gas supplies remain secure, backed by a sharp rise in domestic production and well-planned imports to meet national demand. The company emphasized there is no shortage of Liquefied Petroleum Gas (LPG) and urged households to avoid … Read more

Raipur, Chhattisgarh — Big Administrative Buzz Around High-Stakes Posting

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A major bureaucratic reshuffle appears to be on the horizon in the central Indian state of Chhattisgarh, as multiple senior officers from the Indian Administrative Service (IAS) and Indian Police Service (IPS) are reportedly in contention for a highly sensitive and high-profile position linked directly to Chief Minister Vishnu Deo Sai. Intense Competition Among Senior … Read more

Political Turmoil Erupts in Bhilai Civic Body as $100M Budget Passed Amid No-Confidence Motion

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Durg, India: A routine budget session of the Bhilai Municipal Corporation turned into a major political flashpoint just ahead of local elections, as council members passed an estimated ₹8.38 billion (approximately $100 million) budget for the 2026–27 fiscal year amid chaos, आरोप-प्रत्यारोप, and a no-confidence motion against the municipal commissioner. Budget Presentation Sparks Uproar Mayor … Read more

Liquor & Beer May Get Costlier in India as Industry Seeks 15% Price Hike Amid West Asia Crisis

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New Delhi, India: Alcohol consumers in India may soon have to pay significantly more for their drinks, as the country’s liquor and beer industry has formally urged state governments to approve a price increase of up to 15%. The demand comes in response to rising raw material costs and supply chain disruptions triggered by ongoing … Read more

How Small Extra Payments Are Helping Borrowers Cut Years Off Personal Loan Tenures

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New Delhi: A growing number of personal loan borrowers are discovering a simple but powerful strategy to reduce their debt burden—making small, consistent extra payments alongside their regular EMIs. Financial experts say this approach can significantly shorten loan tenure and reduce total interest paid, even without large lump-sum contributions. Traditionally, borrowers focus primarily on ensuring … Read more

GAIL (India) Ltd. Hands Over ₹1,693.79 Crore Interim Dividend to Government, Reinforcing Strong Financial Performance

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New Delhi : In a clear demonstration of its financial strength and commitment to shareholder value, GAIL (India) Limited, India’s leading natural gas company, presented an interim dividend cheque of ₹1,693.79 crore to the Government of India. The cheque was formally handed over to Dr. Arunish Chawla, Secretary of the Department of Investment and Public … Read more

Punjab National Bank Updates Statutory Central Auditors for FY 2025–26

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New Delhi : Punjab National Bank (PNB), one of India’s largest public sector lenders, has announced a revision in its Statutory Central Auditors (SCAs) for the financial year 2025–26. The change has been made in accordance with directives issued by the Reserve Bank of India (RBI) and in compliance with the Securities and Exchange Board … Read more

Bandhan Bank Appoints Debashish Mukherjee as Independent Director Following Finance Ministry Approval

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Mumbai : Bandhan Bank Limited (NSE: BANDHANBNK, BSE: 541153) has announced the appointment of Debashish Mukherjee as an Independent Director on its Board, effective March 25, 2026. The appointment comes after receiving formal approval from India’s Ministry of Finance, reinforcing the bank’s commitment to strong corporate governance and independent oversight. Board-Approved, Government-Cleared Appointment The appointment … Read more

FSIB Recommends Rakesh Kashyap as Deputy Managing Director of NABARD

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New Delhi : The Financial Services Institutions Bureau (FSIB) has recommended Rakesh Kashyap for appointment as Deputy Managing Director (DMD) at the National Bank for Agriculture and Rural Development (NABARD), marking a key leadership development at India’s apex rural financing institution. Rigorous Selection Process The recommendation comes after a comprehensive selection exercise conducted by FSIB, … Read more

Infosys Expands U.S. Footprint with Dual Acquisitions to Accelerate AI, Cloud in Healthcare and Insurance

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Bengaluru, India  : Infosys Limited (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has announced two strategic acquisitions aimed at strengthening its capabilities in healthcare and insurance technology. The company will acquire Optimum Healthcare IT and Stratus Global LLC, signaling a major push to expand its AI-driven cloud and digital … Read more

Maruti Suzuki Approves $1.2 Billion Gujarat Plant to Boost Annual Output by 250,000 Vehicles by 2029

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Mumbai  — Maruti Suzuki India Limited (MSIL), India’s largest passenger vehicle maker, has approved a major capital investment of ₹10,189 crore (approximately $1.2 billion) to build a new manufacturing facility in western India, signaling strong confidence in long-term domestic and export demand. The decision was finalized during a board meeting on Monday, where the company … Read more

India Says It Is Fully Prepared as West Asia War Intensifies; Oil Reserves, Evacuations, and Energy Security in Focus

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New Delhi  — Prime Minister Narendra Modi told Parliament that India is “fully prepared” to deal with the escalating conflict in West Asia, calling the situation “worrisome” and warning of prolonged global economic consequences. His remarks come as tensions rise sharply between Iran and Israel, with continued missile exchanges and growing uncertainty around key global … Read more

Shraddha Mahila Mandal Honored with ‘Shakti Samman 2026’ for Women Empowerment Initiatives

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In a significant recognition of its sustained efforts toward social development, Shraddha Mahila Mandal has been awarded the prestigious Shakti Samman 2026, presented by IBC24. The award ceremony was marked by the presence of acclaimed actress and former Miss Universe Sushmita Sen, who presented the honor to Mrs. Shashi Duhan, President of the organization. Shraddha … Read more

Iran War Enters 24th Day as Trump Claims Talks; Tehran Denies Negotiations

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Washington, D.C. / Middle East  — The ongoing war involving the United States, Israel, and Iran entered its 24th day on Monday, with no clear signs of de-escalation as military strikes, threats, and conflicting diplomatic signals continue to intensify tensions across the region. Trump Announces Temporary Pause on Strikes U.S. President Donald Trump said he … Read more

Trump Pauses Iran Strike Threat Amid Ally Warnings, Opens Door to Talks

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Washington, D.C.  — Donald Trump has temporarily stepped back from a major escalation with Iran, announcing a five-day pause on threatened strikes against the country’s power infrastructure as diplomatic efforts gain momentum behind the scenes. The decision follows intense private warnings from U.S. allies and Gulf nations, who cautioned that targeting Iran’s civilian energy grid … Read more

Japan Convenience Store Sales Extend Growth Streak in February Despite Dip in Foot Traffic

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TOKYO, Japan — Convenience store sales in Japan continued their upward momentum in February, marking the 12th consecutive month of year-over-year growth, according to new data released by the Japan Franchise Association. Total same-store sales across seven major convenience store chains reached ¥868.86 billion (approximately $5.8 billion USD), representing a 1.6% increase compared to February … Read more

North Korea Rejects Japan Summit, Demands Shift in Tokyo’s ‘Anachronistic’ Policies

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Seoul, South Korea: Tensions between North Korea and Japan have resurfaced after Kim Yo Jong, the influential sister of leader Kim Jong Un, заявил that a proposed summit between the two nations will not take place unless Japan abandons what she described as its “anachronistic” policies. Her remarks came shortly after Japanese Prime Minister Sanae … Read more

Coal India Clears Up to 25% Stake Sale in SECL, Plans Fresh Equity Issue Ahead of IPO

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Kolkata, March 23, 2026: Coal India Limited (CIL) has granted in-principle approval to divest up to 25% of its equity stake in South Eastern Coalfields Limited (SECL) through an Offer for Sale (OFS), while also approving a fresh equity issuance of up to 10% of SECL’s post-issue paid-up capital. The move marks a significant step … Read more

Vinita Kumari Concludes Tenure as Independent Director at GIC Re

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Mumbai : General Insurance Corporation of India (GIC Re) has announced that Vinita Kumari has officially completed her tenure as an Independent Director. Her term concluded at the close of business on March 23, 2026, marking the end of her association with the company’s Board in this capacity. Regulatory Disclosure and Compliance The company disclosed … Read more

ONGC Mumbai Distributes Bicycles and Academic Kits to 350 Girls on Gudi Padwa, Boosting Access to Education

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Mumbai : In a strong push toward promoting girls’ education and safety, Oil and Natural Gas Corporation (ONGC) Mumbai, in collaboration with the Centre for Transforming India, distributed bicycles and academic kits to 350 girl students across Zilla Parishad schools in Maharashtra. The initiative, launched on the occasion of Gudi Padwa, covered schools in Kherane, … Read more

ACME Solar Commissions Major Battery Storage Capacity in Rajasthan, Strengthening India’s Clean Energy Push

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New Delhi : ACME Solar Holdings Limited has achieved a significant milestone in India’s renewable energy sector by commissioning key phases of two large-scale Battery Energy Storage System (BESS) projects in Rajasthan. The development marks a major step toward enhancing grid reliability and accelerating the country’s clean energy transition. Phase IV Commissioned at ACME Suryodaya … Read more