India and Uzbekistan have jointly introduced a pharmaceutical and nutraceutical trade corridor aimed at connecting Indian manufacturers with markets across the Commonwealth of Independent States (CIS) and the broader Eurasian region. According to reports, the combined opportunity in healthcare and dietary supplements across these markets is estimated at…
National Stock Exchange of India (NSE) is moving ahead with preparations for its long-awaited initial public offering (IPO) and is likely to appoint merchant bankers in March, according to reports. The step marks progress in the exchange’s listing journey, which has faced several delays over the past decade…
The Reserve Bank of India (RBI) conducted a switch auction on behalf of the Government of India, under which government securities (G-secs) worth ₹6,309 crore were repurchased. At the same time, the government issued new bonds amounting to ₹6,431.797 crore, according to reports. Switch auctions are commonly used…
Star Health and Allied Insurance Company Limited, India’s largest standalone health insurer, is accelerating its adoption of artificial intelligence (AI) to automate the settlement of cashless hospitalisation claims. The company expects that more than half of its cashless claims could be processed through AI systems within the next…
True Balance, a digital fintech platform, has secured $10 million in debt financing to support the expansion of its lending operations in India. The funding was raised from a consortium of investors, including Northern Arc Capital. Capital to Expand Loan Offerings The newly raised capital will be channelled…
SBI Cards and Payment Services Limited has declared an interim dividend of ₹2.50 per equity share for the financial year 2025–26. The announcement was approved by the company’s Board of Directors during its meeting held on March 5, 2026. Each equity share of the company carries a face…
Reliance Retail Limited has acquired the brand “Pahadi Local” along with its business operations from Pahadi Goodness Private Limited, marking another step in the company’s effort to expand its portfolio of Indian beauty and wellness brands. Reliance Retail operates as a subsidiary of Reliance Retail Ventures Limited, the…
Securities and Exchange Board of India (SEBI) is currently reviewing a proposal submitted by the Calcutta Stock Exchange seeking permission to cease operations as a recognised stock exchange, according to reports. Regulator Assessing Voluntary Exit Request Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha that…
KaarTech, a Chennai-based enterprise technology and SaaS solutions provider, has secured $11 million in a Series B funding round led by Playbook Partners. The fresh capital will be used to strengthen the company’s global footprint and enhance its artificial intelligence and cloud-based capabilities. Strengthening AI and Cloud Capabilities…
360 ONE Asset has successfully completed fundraising for its fifth private credit fund, raising substantial commitments from investors as interest in alternative lending strategies continues to rise in India. Successful Fund Closure and Investor Mix On March 9, the asset management firm confirmed that the fund closed with…
