Category: India

Mumbai: The Adani Group has entered India’s top 10 most valuable brands for the first time, marking a significant milestone in its corporate growth. According to the Brand Finance India 100 Report 2026, released by global independent brand valuation consultancy Brand Finance, the conglomerate has climbed from 13th to 8th position within a year, becoming the fastest Indian corporate brand to reach the top 10 in just three years. The report values the Adani Group’s brand at US$8.48 billion, reflecting a 31.3% year-on-year increase—the fastest annual growth among India’s top…

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Mumbai: The National Stock Exchange (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to introduce derivatives contracts on the Nifty India FPI 150 Index, with trading scheduled to commence on August 12, 2026, in the equity derivatives segment. The new offering will include index futures and index options with three consecutive monthly contracts. All contracts will be cash-settled, with expiry scheduled for the last Tuesday of each month. The Nifty India FPI 150 Index has been designed to track the performance of 150 large-cap companies…

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Jamshedpur: Škoda Auto India has expanded its Slavia Monte Carlo lineup with the introduction of two exclusive dual-tone exterior colour options—Shimla Green and Steel Grey—offering customers greater exclusivity and a more distinctive premium sedan experience. The special edition colour variants will be limited to just 200 units and will be available in 1.0 TSI Automatic and 1.5 TSI DSG variants. The new additions further enhance the sporty appeal of the Slavia Monte Carlo while celebrating the brand’s rich Monte Carlo rally heritage. Commenting on the launch, Ashish Gupta, Brand Director,…

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Mumbai: Bandhan Bank has launched ‘Cyber Cop’, a nationwide cyber awareness campaign under its Corporate Social Responsibility (CSR) programme, aimed at promoting safe digital practices and equipping citizens to protect themselves against the growing threat of cyber fraud. To amplify the campaign’s reach, acclaimed filmmaker Rohit Shetty has joined the initiative, leveraging the popularity of his iconic “cop universe” to deliver cyber safety messages to a wider audience. The campaign seeks to make cyber security awareness more accessible and encourage responsible digital behaviour across the country. The initiative comes at…

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Mumbai: IDFC FIRST Bank has reported its highest-ever quarterly profit, posting a Profit After Tax (PAT) of ₹1,075 crore for the quarter ended June 30, 2026, marking a 132.4% year-on-year increase from ₹463 crore in the corresponding quarter of the previous financial year. The strong performance was underpinned by sustained growth in lending, healthy deposit mobilisation, improved asset quality and stronger profitability, reflecting the bank’s continued focus on building a high-quality and well-governed franchise. The bank’s total customer business, comprising loans and customer deposits, rose 18.6% year-on-year to ₹6,04,776 crore,…

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New Delhi: SBI Life Insurance has strengthened its commitment to Indian para sports by extending its partnership with the Paralympic Committee of India (PCI), reaffirming its support for the country’s para athletes as they prepare for major international competitions in 2026. As part of the renewed association, SBI Life will serve as the Principal Partner of the Indian Paralympic contingent for the 2026 para sports season. The company has also been named the Official Life Insurance Partner for the Indian team competing at the Commonwealth Para Games 2026 in Glasgow…

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Mumbai: Ujjivan Small Finance Bank has reported a strong start to FY2027, posting healthy growth in profits, deposits and lending, reflecting sustained customer confidence and expanding business operations. For the quarter ended June 2026, the bank recorded a net profit of ₹317 crore, supported by a Net Interest Income (NII) of ₹1,186 crore and a Pre-Provision Operating Profit (PPOP) of ₹548 crore. The bank’s total deposits rose 24.6% year-on-year to ₹48,129 crore, while its Current Account Savings Account (CASA) deposits grew at a faster pace of 37.8%, reaching ₹12,930 crore.…

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Mumbai: ICICI Prudential Life Insurance delivered a strong financial performance in the first quarter of FY2027, reporting a 27.8% year-on-year increase in Profit After Tax (PAT) to ₹386 crore, alongside robust growth in its retail protection business and continued focus on customer service. The insurer disbursed ₹4,666 crore in total customer benefits during the quarter ended June 2026, including ₹1,306 crore in death claims and ₹3,360 crore towards maturity and survival benefits. The company also maintained an industry-leading claim settlement ratio of 99.3%, with an average turnaround time of just…

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Lucknow: The Uttar Pradesh Transport Department will launch a statewide inspection drive of all Registered Vehicle Scrapping Facilities (RVSFs) following reports of alleged violations in vehicle scrapping procedures, Transport Minister Dayashankar Singh announced. The minister said the government has received information from multiple sources indicating that several registered vehicle scrapping centres are not carrying out scrapping operations in accordance with the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021, as well as state government guidelines and prescribed operational standards. Taking serious note of the reports, Singh directed…

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