United India Insurance, SIDBI in pact to offer insurance products for MSMEs

United India Insurance, SIDBI in pact to offer insurance products for MSMEs

Closeup shot of two businessmen shaking hands in an office istock photo for BL | Photo Credit: Cecilie_Arcurs United India Insurance Company Ltd (UIICL), a public sector non-life insurer, has partnered with the Small Industries Development Bank of India (SIDBI)...
DLF to sell IT SEZ park in Kolkata to Srijan Group for ₹693 crore in slump sale

DLF to sell IT SEZ park in Kolkata to Srijan Group for ₹693 crore in slump sale

Real estate major DLF on Wednesday said it is selling its IT SEZ park in Kolkata to Srijan Group for around ₹693 crore in a slump sale. “The company today entered into a definitive Master Framework Agreement (MFA) with Srijan...
Lower loss due to derivatives portfolio discrepancies ‘positive’ for IndusInd Bank in near term, says Macquarie

Lower loss due to derivatives portfolio discrepancies ‘positive’ for IndusInd Bank in near term, says Macquarie

Impact of the discrepancies amount to ₹15.2 billion, or 2.27% of the bank’s net worth as of Q3FY25 | Photo Credit: REUTERS The lower amount of financial hit that IndusInd Bank will take on its balance sheet due to discrepancies...
InterGlobe opens Miiro hotel in London

InterGlobe opens Miiro hotel in London

InterGlobe has expanded its overseas hospitality portfolio with the launch of Templeton Garden hotel in London. This is the company’s fourth overseas hotel under the Miiro brand and follows its launches in Paris, Barcelona and Gstaad (Switzerland). The hotel situated...
CSIR to hold two-day start-up event on April 22, 23

CSIR to hold two-day start-up event on April 22, 23

It will bring together entrepreneurs, investors, industry leaders, researchers, and policymakers to share insights, network and explore collaboration opportunities | Photo Credit: LIGHTCOME The Council of Scientific and Industrial Research (CSIR) will organise a Start-up Conclave here on April 22...
Power demand forecasting could make a difference this year

Power demand forecasting could make a difference this year

The situation with respect to thermal power looks stable  | Photo Credit: MURALI KUMAR K With the onset of summer, the availability of electricity for industrial, domestic and agriculture consumers becomes a concern. This year though there is good news...
Pocket: Cartoon – The Hindu BusinessLine

Pocket: Cartoon – The Hindu BusinessLine

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Zaggle gets third-party app provider approval from NPCI

Zaggle gets third-party app provider approval from NPCI

Users will be able to access UPI payments integrated with Zaggle’s multi-wallet prepaid cards, including meal and fuel cards, enabling quick, on-the-go transactions | Photo Credit: Getty Images Zaggle Prepaid Ocean Services Ltd, a spend management company, has has secured...
Puravankara posts ₹5,006 crore in FY25 pre-sales; collections up 9 per cent

Puravankara posts ₹5,006 crore in FY25 pre-sales; collections up 9 per cent

Ashish Puravankara, Managing Director, Puravankara Bengaluru-based realty developer Puravankara has reported an increase in customer collections by 9 per cent year-on-year to ₹3,937 crore in FY25, compared to ₹3,609 crore in FY24. Collections for Q4FY25 stood at ₹946 crore, according...
Sensex rallies for third day to regain 77,000-mark; Nifty climbs 108.65 points

Sensex rallies for third day to regain 77,000-mark; Nifty climbs 108.65 points

Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Wednesday following buying in banking stocks and fresh foreign fund inflows, as retail inflation slipped to near six-year lows raised hopes of further rate cuts.Defying a...
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