George Mathew

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Tata Sons shareholders approve Noel Tata’s appointment as director at annual general meetingSubscriber Only

August 14, 2025 19:15 IST

The Tata Group is on track to list Tata Capital Ltd by September. The proposed IPO is expected to raise around Rs 17,000 crore.

Fri, Aug 15, 2025

RBI asks banks to clear cheques, RBI asks banks to clear cheques within hours, Reserve Bank of, India, RBI, Indian express business, business news, current affairs

RBI asks banks to clear cheques within hours starting October 4Subscriber Only

August 14, 2025 00:12 IST

Currently, the Cheque Truncation System (CTS) clears cheques in one or two working days, depending on when they are deposited.

Thu, Aug 14, 2025

ICICI Bank lowers minimum balance requirement from Rs 50,000 to Rs 15,000 for new urban customersSubscriber Only

August 13, 2025 22:11 IST

If a customer fails to maintain the required MAB, ICICI Bank will charge a penalty of 6 per cent of the shortfall or Rs 500 — whichever is lower, according to the bank.

Thu, Aug 14, 2025

Duvvuri Subbarao, Governor of the Reserve Bank of India (RBI) to addresing press conferance after announce monetary policy in Mumbai at RBI head quarter on Tuesday, 30th, July, 2013. Express Photo By-Ganesh Shirsekar.

US tariffs could knock 50 bps off India’s growth, deepen jobless recovery: Former RBI Governor SubbaraoSubscriber Only

August 12, 2025 21:12 IST

Subbarao cautions against reputational risks from Trump’s rhetoric, rising global risk premia, cost of borrowing and the mounting pressure on India’s export-driven sectors.

Wed, Aug 13, 2025

Adani acquires aircraft MRO unit in NagpurSubscriber Only

August 11, 2025 19:24 IST

Strategically located at Nagpur in the MIHAN special economic zone (SEZ), ITPL has set up a state-of-the-art greenfield facility on the 30-acre site.

Tue, Aug 12, 2025

What RBI’s decision to not cut rates says about India and Trump tariffs

Minimum balance requirement not under regulatory domain: RBI GovernorSubscriber Only

August 11, 2025 13:55 IST

The country’s largest lender, State Bank of India, has not levied non-maintenance penalties since March 2020.

Mon, Aug 11, 2025

The man behind AU Small Finance Bank’s entry into the big league: Sanjay AgarwalSubscriber Only

August 10, 2025 08:40 IST

The Agarwal family holds 21.4 per cent stake in the bank with Sanjay himself holding 15.73 per cent stake worth Rs 8,700 crore (nearly $1 billion).

Mon, Aug 11, 2025

The bank wrote off gross NPAs amounting to Rs 2,359 crore in the reporting quarter.

ICICI Bank sharply hikes minimum monthly balance in accounts to Rs 50,000: Check penalty rates for non-complianceSubscriber Only

August 09, 2025 11:56 IST

ICICI Bank MAB hike: The hike in MAB by ICICI Bank has been steep in all the locations.

Sat, Aug 09, 2025

HDFC Bank Chairman asks private sector to do heavy lifting, cautions on global uncertaintiesSubscriber Only

August 08, 2025 23:09 IST

“Major economies showed signs of slowing down, with global GDP growth at 3.3 per cent for year 2024. The geopolitical tensions in several parts of the world continue to affect global supply chains and commodity prices,” Chakraborty said.

Fri, Aug 08, 2025

AU Small Finance Bank gets RBI nod to become universal bankSubscriber Only

August 07, 2025 21:56 IST

The universal bank status will allow AU Bank to offer a wide range of financial services and products under one roof without many restrictions unlike a small finance bank.

Thu, Aug 07, 2025

Trump’s 50% tariff announcement could have 0.6% impact on India’s GDP growth, says Goldman SachsSubscriber Only

August 07, 2025 13:47 IST

“We had previously estimated a potential direct impact of around 0.3 percentage point (annualized) to India's real GDP growth, following President Trump's surprise announcement of a 25 per cent tariff on Indian imports,” the US investment group said.

Thu, Aug 07, 2025

Under fire for layoffs, TCS now announces salary hike for workforceSubscriber Only

August 07, 2025 11:45 IST

Employees, ranging from trainees with a few months of experience, to assistant consultants who have worked for more than a decade, will be eligible for the wage revision.

Thu, Aug 07, 2025

The RBI’s survey on credit conditions shows that banks continue to offer easy lending terms, with most respondents expecting stronger loan demand in the second quarter of 2025-26

Rural, urban consumer confidence on the upswing, but inflation likely to rise in FY27: RBI surveySubscriber Only

August 07, 2025 11:09 IST

This improvement has been largely driven by a decline in retail inflation and lower interest rates.

Thu, Aug 07, 2025

OIC was required to deposit a statutory bank guarantee of AED 100 million, but the Central Bank of the UAE (CBUAE) denied its request for additional time to obtain board and regulatory approvals.

UAE Central Bank suspends motor insurance business of Oriental Insurance in Dubai: Here’s whySubscriber Only

August 02, 2025 21:23 IST

Dubai operations of OIC in ‘run off’ mode, can’t take new business.

Sat, Aug 02, 2025

Tata Motors expects the deal to be earnings accretive from the second year onwards, driven by cost synergies and the relatively low acquisition multiple.

Iveco deal: Here’s how Tata Motors plans to fund the acquisitionSubscriber Only

July 31, 2025 19:39 IST

Once completed, the acquisition will give Tata Motors access not only to new products, platforms, and manufacturing facilities but also to a well-established sales and after-sales network

Thu, Jul 31, 2025

Tata Motors, European commercial vehicle maker Iveco Group N.V. Indian express business, business news, current affairs

Tata Motors to drive home Iveco takeover in Rs 38,000 crore landmark global dealSubscriber Only

July 31, 2025 00:12 IST

This is the biggest acquisition by Tata Motors after it acquired Jaguar Land Rover (JLR) from Ford in 2008 for $2.3 billion in an all-cash transaction.

Thu, Jul 31, 2025

Jio Financial Services (JFSL), Mukesh Ambani, mukesh ambani group, Jamnagar Utilities & Power Private Ltd, Indian express news, current affairs

Ambanis to inject Rs 15,825 cr into Jio Financial, boosting stake to over 54%Subscriber Only

July 31, 2025 00:06 IST

The preferential allotment will be made on a private placement basis to two promoter group entities: Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Private Ltd.

Thu, Jul 31, 2025

Schneider Electric, Schneider Electric India Private Limited, Temasek, competition commission of india, Indian express news, current affairs

Schneider to buy 35 pc in Indian arm for euro 5.5 bnSubscriber Only

July 31, 2025 00:04 IST

The all-cash deal is valued at euro 5.5 billion (around Rs 55,000 crore) and is subject to customary closing conditions, including regulatory approvals such as from the Competition Commission of India. The transaction is expected to be completed in the coming quarters.

Thu, Jul 31, 2025

TCS job cuts raise concerns: Is Indian IT headed the Silicon Valley way?Subscriber Only

July 28, 2025 16:58 IST

The announcement by the IT bellweather has sparked a degree of uncertainty across the sector, especially with the protectionist stance in countries such as the US and the challenges thrown up by the advent of AI.

Tue, Jul 29, 2025

Debt on Plastic: Credit card delinquencies surge 44% to Rs 33,886 crore amid rising consumer spendingSubscriber Only

July 28, 2025 04:20 IST

These trends signal both short-term and long-term stress in the unsecured credit market, especially as consumers lean heavily on plastic for everyday and discretionary spending.

Mon, Jul 28, 2025

TCS’ workforce stood at 6,13,069 as on June 30, 2025.

TCS swings the axe: 12,200 jobs to be cut in brutal industry shake-upSubscriber Only

July 27, 2025 22:09 IST

According to TCS, this transition is being planned with due care to ensure there is no impact on service delivery to our clients.

Mon, Jul 28, 2025

‘India’s insurance sector on track to more than double by 2030, gross written premiums could hit ₹25 lakh crore’Subscriber Only

July 27, 2025 00:00 IST

The IBAI survey revealed that when SMEs do buy insurance, it is driven by the need to comply with regulatory and client mandates

Sun, Jul 27, 2025

In August 2024, the Securities and Exchange Board of India (SEBI) too imposed a five‑year ban on Anil Ambani and 24 other entities from participating in the securities market.

ED raids: Anil Ambani’s fall and the flicker of a comebackSubscriber Only

July 24, 2025 18:14 IST

In June this year, the State Bank of India (SBI) officially labelled Reliance Communications’ loan account as “fraudulent,” alleging fund diversion that traces back to 2016.

Fri, Jul 25, 2025