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Mahindra Unveils Future-Ready India Design Studio to Shape the Next Generation of Global Icons

Mahindra Unveils Future-Ready India Design Studio to Shape the Next Generation of Global Icons

#MahindraDesignStudio Chandigarh: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, inaugurated its all-new Mahindra India Design Studio (MIDS) – a state-of-the-art creative facility that marks a bold leap forward in the company’s design capabilities. Located in Mumbai, the future-ready MIDS doubles the size of the existing studio and reaffirms Mahindra’s commitment to design excellence as a cornerstone of its product development strategy. Originally set up in 2015, MIDS was established as a dedicated studio to support Mahindra’s Auto and Farm businesses. With the rapid growth of the company and a broader portfolio spanning Auto, Farm, and…
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Bank of Baroda Introduces the ‘bob Square Drive Deposit Scheme’ with a tenor of 444 Days @ 7.15% p.a.

Bank of Baroda Introduces the ‘bob Square Drive Deposit Scheme’ with a tenor of 444 Days @ 7.15% p.a.

#BankofBarodaSquareDriveDepositScheme The bob Square Drive Deposit Scheme offers 7.15% p.a. for general citizens; 7.65% p.a. for senior citizens; 7.75% p.a. for super senior citizens and up to 7.80% p.a. on Non-Callable Deposits Ludhiana: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of a new retail term deposit scheme – the ‘bob Square Drive Deposit Scheme’, a 444-day term deposit scheme offering an interest rate of 7.15% p.a. for the general public, 7.65% p.a. for senior citizens, 7.75% p.a. for super senior citizens (aged 80 years & above) and up to 7.80% p.a. on…
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DBS Bank India New leadership to head the bank’s Consumer Banking Group and Corporate Banking

DBS Bank India New leadership to head the bank’s Consumer Banking Group and Corporate Banking

#DBSBankIndiaNewleadership Chandigarh: DBS Bank India has announced two senior-level appointments who will lead core business functions. Ambuj Chandna has been appointed Managing Director & Head of Consumer Banking Group, at DBS Bank India, succeeding Prashant Joshi. Ambuj was formerly the President & Head of Consumer Assets at Kotak Mahindra Bank. Santanu Mitra, the former Managing Director and Head - Digital Economy Group, Institutional Banking at DBS Bank Singapore, takes on the role of Managing Director & Country Head Corporate Banking (Large and Midcap) at DBS Bank India. Both leadership positions will report into the Managing Director and CEO of DBS…
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Tata Steel Recognised as 2025 Steel Sustainability Champion by worldsteel for the Eighth Consecutive Year

Tata Steel Recognised as 2025 Steel Sustainability Champion by worldsteel for the Eighth Consecutive Year

#TataSteel2025SteelSustainabilityChampion #TataSteelworldsteel  ~ Recognised for outstanding sustainability efforts and performance ~   Chandigarh: Tata Steel has been recognised as a Steel Sustainability Champion 2025 by worldsteel for the eighth consecutive year, reaffirming the Company’s commitment to sustainable development and adherence to global standards. Tata Steel has been a champion every year since the programme’s launch in 2018. The recognition highlights Tata Steel's leadership in the steel industry through its sustainability-driven initiatives and responsible business practices. Tata Steel is among a select group of steel-producing companies that have been named 2025 Steel Sustainability Champions at worldsteel’s Special General Meeting (SGM) of…
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JSW Energy Completes the Acquisition of 4.7 GW RE Platform from O2 Power

JSW Energy Completes the Acquisition of 4.7 GW RE Platform from O2 Power

#JSWEnergyGWREO2Power Chandigarh: JSW Neo Energy Limited (“JSW Neo”), a wholly owned subsidiary of JSW Energy Limited (“the Company”), has completed the acquisition of 4.7 GW renewable energy platform from O2 Power Pooling Pte. Ltd. a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at an enterprise valuation of approximately ₹12,468 crores, after adjustments under the share purchase agreements. The Company will have a steady state EBITDA generation of ₹1,500 crores from 2,259 MW capacity (likely to be operational by June 2025). Additionally, ~₹13,500 crores of capital expenditure will be incurred to reach…
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Bank of India Withdraws its Special 400 Days Fixed Deposit Scheme

Bank of India Withdraws its Special 400 Days Fixed Deposit Scheme

#BankofIndiaWithdraws400DaysFDScheme And also reduced Interest Rates on other maturities after Repo Rate cut Chandigarh: Bank of India, one of the leading public sector banks in India, has announced to withdraw its special fixed deposit scheme for 400 days where interest rate was at maximum of 7.30%. Also, Bank has reduced Rate of Interest on its short-term & medium-term Fixed Deposits for various maturities w.e.f 15th April 2025. The bank has reduced its rate for Fixed Deposits for amount of less than Rs.3.00 Crs and is now offering 4.25% for deposits maturing between 91 days and 179 days and 5.75% for…
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NSE crosses 22 crore (220 million) total investor accounts

NSE crosses 22 crore (220 million) total investor accounts

#NSE22CroreInvestorAccounts Chandigarh, April 12, 2025: The National Stock Exchange of India marked another milestone in April 2025, with the total number of investor accounts i.e., Unique Client Codes (UCCs) surpassing 22 crore (220 million), a sharp increase within just six months of crossing the 20-crore mark (200 million) in October 2024. Separately, the number of unique registered investors stands at 11.3 crore (As of March 31st, 2025), having crossed the 11 crore (110 million) mark on January 20th, 2025. An investor may maintain accounts with different brokers, resulting in multiple client codes. Maharashtra leads with the highest number of investor…
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Good Weekend: Sensex, Nifty closed in Green, all are in gain

Good Weekend: Sensex, Nifty closed in Green, all are in gain

Sensex was up 1,310.11 points or 1.77 percent at 75,157.26, and the Nifty was up 429.40 points or 1.92 percent at 22,828.55 #SensexNiftyinGreen Mumbai: After a week US President Donald Trump’s 90-day pause on tariffs brought cheer to Dalal Street, lifting investor sentiment and driving a rally in the benchmark indices. On April 11, both the Sensex and Nifty rose almost 2 percent, marking a strong rebound in the equity markets. The day saw widespread buying across sectors, with metal and pharma stocks leading the gains. Meanwhile, the market's fear barometer, India VIX, declined sharply by 6.21 percent, indicating easing…
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Bank of Baroda Passes on RBI Rate Cut to Retail and MSME Customers

Bank of Baroda Passes on RBI Rate Cut to Retail and MSME Customers

Bank of Baroda Passes on RBI Rate Cut to Retail and MSME Customers Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the immediate transmission of the Reserve Bank of India’s (RBI) policy rate cut to its customers. The Bank has reduced its external benchmark-linked lending rates for loans catering to Retail and MSME segments, ensuring that customers benefit quickly from the RBI’s monetary policy move. Additionally, the Bank's Overnight Marginal Cost of Funds-Based Lending Rate (MCLR) stands at 8.15%, and its One-Year MCLR is 9%, positioning Bank of Baroda among the most competitive banks…
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GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m

GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m

#NikhilKamathinvests$20mGreenLine Chandigarh: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, has announced a $275 million equity investment to accelerate the decarbonisation of heavy trucking in India. This includes a $20 million investment from Nikhil Kamath, marking a significant boost to India’s green logistics transformation. GreenLine aims to decarbonise India’s transportation sector, which contributes nearly 15% of the country’s total carbon emission. The funding will enable the deployment of over 10,000 LNG and EV trucks, along with the establishment of a nationwide network of 100 LNG refuelling stations, EV…
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