New Delhi, Dec 24 (UNI) The HDFC Bank on Wednesday spent Rs 1,068.03 crore on CSR initiatives during the financial year 2024–25, marking an increase of nearly Rs 123 crore over the previous year, the bank said in its Parivartan CSR Report 2024–25. With this, HDFC Bank’s cumulative CSR investment stood at Rs 6,176 crore…
Mumbai: In a significant step towards sustainable urban infrastructure development, NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has signed a Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) Board on 23 December 2025. The MoU pertains to the development of a Central Government Office (CGO) Complex…
New Delhi, Dec 23 (UNI) The Securities and Exchange Board of India (SEBI) has settled regulatory proceedings with Tata Motors Finance Limited (TMFL) over alleged violations related to the issuance of non-convertible debentures (NCDs), after the company agreed to pay a settlement amount of Rs 32 lakh. The settlement brings closure to enforcement actions that…
Chennai, Dec 23 (UNI) Leading PSU Bank of India has raised funds through issue of Long Term Infrastructure bonds of Rs.10,000 crore at 7.23% p.a, today through NSE Electronic Bidding Provider Platform. The Base Issue size was Rs.5,000 crore with Green Shoe option of Rs.5,000 crore. The bank received total of 83 bids amounting to…
New Delhi, Dec 23 (UNI) In a bid to inject liquidity in the banking system, the Reserve Bank of India (RBI) on Tuesday announced a series of measures, including open market operations (OMOs) worth Rs 2 lakh crore and a USD 10 billion dollar-rupee swap. The central bank said it would conduct OMO purchase auctions…
Mumbai, Dec 23 (UNI) The Adani Group has officially announced that the board of Ambuja Cements has approved the amalgamation of its subsidiaries ACC Ltd and Orient Cement with the company to create a larger cement company. The transaction will be entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of…
New Delhi, Dec 23 (UNI) In a decisive move to ensure adequate liquidity and maintain stability in financial markets, the Reserve Bank of India (RBI) on Tuesday announced a comprehensive set of measures to inject liquidity into the banking system. The central bank said it will deploy a mix of open market bond purchases and…
New Delhi, Dec 23 (UNI): The fiscal position of both the Centre and the States remained resilient in the first half of 2025-26, with governments containing revenue expenditure while sustaining capital spending, according to a half-yearly review published in the Reserve Bank of India (RBI) Bulletin for December, 2025. The review notes that the Centre…
New Delhi, Dec 22 (UNI): India’s economy is displaying a steady underlying resilience even as global uncertainty, volatile commodity prices, and uneven recovery continue to weigh on major economies. The latest central bank assessment released on Monday points to a domestic growth engine that remains intact, supported by stable consumption, sustained credit expansion, improving corporate…
New Delhi, Dec 22 (UNI) Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon on Monday announced the conclusion of a “historic, ambitious, and mutually beneficial” India–New Zealand Free Trade Agreement (FTA). The leaders emphasized that negotiations were completed in a record nine months. They made the joint announcement during a telephone call,…
