Union Bank of India has approved plans to raise up to ₹8,000 crore through a combination of debt and equity instruments as the public sector lender looks to strengthen its capital position and support future business growth.
State Bank of India has reaffirmed that physical banking will continue to remain a central pillar of its long-term growth strategy even as the bank sharply accelerates investments in artificial intelligence, automation and digital banking infrastructure.
The Union Cabinet has approved the ₹25,530-crore Sarthak-PDS Scheme to modernise and strengthen India’s public distribution system (PDS), marking one of the country’s largest technology-driven food security reforms in recent years.
Indian equity markets ended marginally lower on Wednesday as investors remained cautious amid geopolitical uncertainty in West Asia and concerns surrounding the fragile US-Iran diplomatic situation.
Shares of Finolex Industries Limited witnessed a sharp rally on Wednesday after the company reported strong fourth-quarter earnings and announced a healthy dividend payout for shareholders.
Life Insurance Corporation of India has announced a major reward package for shareholders after reporting record earnings for FY26, including a 1:1 bonus share issue and a final dividend payout.
Shares of AIA Engineering Limited rallied sharply on Wednesday after the company reported stronger-than-expected fourth-quarter earnings.
Global oil markets remain trapped in a phase of heightened volatility as investors closely track fragile diplomatic negotiations between the United States and Iran
Shares of Max India Limited witnessed a sharp rally on Wednesday after the company announced a significant regulatory milestone for its premium senior living project in Noida.