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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

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

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

Suzlon Energy Hit With ₹2.5 Million ED Fine Over Procedural FEMA Matter, No Business Impact Reported

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Mumbai, March 23, 2026 — Suzlon Energy Limited has been fined ₹2.5 million (approximately $30,000) by India’s Enforcement Directorate (ED) over a procedural compliance issue under the Foreign Exchange Management Act, 1999, the company disclosed in an official statement. The penalty was imposed by the ED’s Mumbai Zonal Office-II and relates to the technical handling … Read more

IndianOil Hits $245 Billion Market Milestone, Posts Explosive Profit Growth Under CMD A. S. Sahney

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New Delhi  — Indian Oil Corporation Limited, India’s largest state-run energy company, has reached a record market capitalization of approximately ₹2.04 lakh crore (about $245 billion), underscoring its dominant position in the country’s rapidly evolving energy sector. Under the leadership of Chairman and Managing Director A. S. Sahney, the Maharatna public sector enterprise is delivering … Read more

AC Maintenance Checklist 2026: How Simple Upkeep Can Prevent Breakdowns and Cut Energy Bills

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New Delhi:—  As temperatures begin to climb across India, air conditioners are becoming essential household appliances. However, experts warn that many cooling systems fail during peak summer due to poor maintenance—an issue that can largely be avoided with simple, regular care. According to industry estimates, routine servicing and basic upkeep can extend an air conditioner’s … Read more

Vilas Sopan Wadekar Given Additional Charge as Projects Director at MRVC

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New Delhi : The Government of India has assigned additional responsibilities to senior railway executive Vilas Sopan Wadekar, who will now also serve as Director (Project) at Mumbai Railway Vikas Corporation Limited (MRVC), alongside his current role as Chairman and Managing Director (CMD). The decision, approved by the Ministry of Railways, will take effect on … Read more

B. Mugunthan Appointed Finance Director at DFCCIL in Key Government Move

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New Delhi : The Government of India has appointed senior railway finance officer B. Mugunthan as Director (Finance) at Dedicated Freight Corridor Corporation of India Limited (DFCCIL), reinforcing leadership at one of the country’s most critical infrastructure organizations. The appointment, approved by the Ministry of Railways, comes into effect immediately upon his assumption of charge … Read more

Senior Indian Railways Officer Ravi Prakash Chaturvedi Permanently Joins CONCOR with Government Approval

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New Delhi : The Government of India has approved the permanent transfer of senior railway officer Ravi Prakash Chaturvedi to Container Corporation of India Limited (CONCOR), marking a key administrative move within India’s public sector logistics and transport ecosystem. The approval, granted under the authority of the President of India through the Ministry of Railways, … Read more

Crude Oil Shock in March 2026: India’s Oil Basket Hits $156 — Energy Stocks Split as Crisis Deepens

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New Delhi : A sharp spike in global crude oil prices driven by escalating tensions in the Middle East has sent India’s oil benchmark soaring, creating a stark divide among the country’s state-run energy companies and raising broader economic concerns. According to data from India’s oil planning body, Petroleum Planning and Analysis Cell (PPAC), the … Read more

SBI FD Returns 2026: How Much $2,400 (₹2 Lakh) Grows in 5 Years — Full Breakdown

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New Delhi:—  India’s largest public-sector lender, State Bank of India (SBI), continues to offer stable fixed deposit (FD) returns for retail investors, with no change in rates for deposits under ₹3 crore since December 15, 2025. For individuals looking for safe, predictable growth, a 5-year SBI FD remains a popular choice in 2026. 📊 Key … Read more

Beijing Shows Keen Interest in India’s New Envoy Vikram Doraiswami, Seen as a ‘China Expert’

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Beijing : The appointment of Vikram Doraiswami as India’s next Ambassador to China has sparked notable interest across diplomatic and academic circles in Beijing, signaling expectations of a more nuanced phase in India–China relations. A senior Indian Foreign Service (IFS) officer from the 1992 batch, Doraiswami is currently serving as India’s High Commissioner to the … Read more

PNB Housing Finance Issues 41,015 Shares Under Employee Stock Plans, Expands Share Capital

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New Delhi : PNB Housing Finance Limited has allotted 41,015 equity shares following the exercise of employee stock options and restricted stock units (RSUs), the company announced in a regulatory filing on Friday. The share allotment, completed on March 20, 2026, is part of the company’s ongoing employee incentive and ownership programs designed to align … Read more

DA Hike 2026 Update: Dearness Allowance Likely to Reach 60%, Government Notification Expected Soon

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New Delhi : Millions of central government employees and pensioners across India are awaiting an official announcement on the latest revision of Dearness Allowance (DA) and Dearness Relief (DR), effective January 1, 2026. As of now, no formal approval has been issued by the Cabinet, but sources indicate that the notification is likely between late … Read more

Jindal Stainless Partners with IIM Bangalore to Launch Leadership Development Program for Senior Executives

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Bengaluru : Jindal Stainless has partnered with the Indian Institute of Management Bangalore to roll out a customized Strategic Leadership Development Programme aimed at strengthening the capabilities of its senior leadership team. The initiative reflects the company’s push to build a robust leadership pipeline as it expands operations and aligns with global business standards. Program … Read more

WAPCOS Opens Applications for Director (Finance) Role; Deadline Set for April 9

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New Delhi : WAPCOS Limited has announced a vacancy for the position of Director (Finance), inviting applications through the Public Enterprises Selection Board (PESB). The application window is open until April 9, 2026, with forwarding of applications required by April 20, 2026. Strategic Leadership Role The Director (Finance) position is a board-level role that will … Read more

Vedanta Chairman Anil Agarwal Urges Faster Mining Reforms to Boost India’s Resource Security

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New Delhi : Anil Agarwal, Chairman of Vedanta Limited, has called for urgent reforms to accelerate the operationalization of auctioned mining blocks in India, warning that delays are undermining the country’s mineral security and economic potential. In a recent LinkedIn post, Agarwal highlighted that despite significant progress in auctioning mining assets over the past decade, … Read more

RCF Faces $520,000 Tax Demand, Says No Financial Impact as Appeals Are Already Underway

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Mumbai  — Rashtriya Chemicals and Fertilizers Limited (RCF), a state-owned fertilizer and chemicals manufacturer, has received a tax demand notice of approximately ₹4.36 crore ($520,000 USD) from India’s Income Tax Department, the company disclosed in a regulatory filing on Friday. The company, however, reassured investors that it does not expect any financial impact, stating that … Read more