IRDAI slaps ₹1 crore penalty on Acko General Insurance
Business

IRDAI slaps ₹1 crore penalty on Acko General Insurance

[ad_1] istock photo for BL | Photo Credit: iStockphoto The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of ₹1 crore

UGRO Capital’s board approves capital raise of up to ₹1,315 crore
Business

UGRO Capital’s board approves capital raise of up to ₹1,315 crore

[ad_1] UGRO Capital will raise funds through the issuance of 49,421,464 fully paid-up unsecured compulsorily convertible debentures, having face value of ₹10 each to the

KIL posts consolidated net profit of ₹308 crore for FY25
Business

KIL posts consolidated net profit of ₹308 crore for FY25

[ad_1] Consolidated income grew 4 per cent to ₹6,677.7 crore compared to ₹6,411.7 crore in FY24.  | Photo Credit: MicroStockHub Kirloskar Industries Ltd (KIL) has

Miraggio secures ₹55 crore in series A funding to fuel growth and expansion
Business

Miraggio secures ₹55 crore in series A funding to fuel growth and expansion

[ad_1] Mohit Jain, Founder & CEO of Miraggio Fashion handbag and accessories brand Miraggio has raised ₹55 crore in its series A round led by

Kerala Chief Minister unveils ₹200 crore IT infrastructure project at CIAL 
Business

Kerala Chief Minister unveils ₹200 crore IT infrastructure project at CIAL 

[ad_1] Kerala Chief Minister Pinarayi Vijayan unveils ₹200 crore IT infrastructure project at Cochin International Airport Ltd Kerala Chief Minister Pinarayi Vijayan has unveiled a

MSMEs face credit gap of ₹30 lakh crore, women-owned businesses see highest shortfall: Report
Business

MSMEs face credit gap of ₹30 lakh crore, women-owned businesses see highest shortfall: Report

[ad_1] The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around ₹30 lakh crore, which is about 24 per

Delhi airport operator DIAL sells 50% stake in joint venture for ₹13 crore
Business

Delhi airport operator DIAL sells 50% stake in joint venture for ₹13 crore

[ad_1] Delhi airport operator DIAL sells 50% stake in DASPL to Bird Flight Services for ₹12.79 crore. | Photo Credit: REUTERS Delhi airport operator DIAL

Mcap: 9 of top 10 firms jumps ₹3.35 lakh crore; Reliance biggest winner
Business

Mcap: 9 of top 10 firms jumps ₹3.35 lakh crore; Reliance biggest winner

[ad_1] FILE PHOTO: Reliance Industries | Photo Credit: SHAILESH ANDRADE Nine of the top 10 valued firms added ₹3.35 lakh crore in their market valuation

Veranda Learning to raise ₹500 crore via QIP for debt reduction and acquisitions
Business

Veranda Learning to raise ₹500 crore via QIP for debt reduction and acquisitions

[ad_1]  Suresh Kalpathi, Executive Director and Chairman of Veranda Learning Veranda Learning Solutions Ltd, a Chennai-based enterprise offering end-to-end solutions in the education space, plans

Alcobev industry set to grow 8-10% in fiscal 2026, reaching ₹5.3 lakh crore: Crisil Ratings
Business

Alcobev industry set to grow 8-10% in fiscal 2026, reaching ₹5.3 lakh crore: Crisil Ratings

[ad_1] Alcoholic beverage (alcobev) manufacturers in the country will see revenue grow 8-10 per cent to ₹5.3 lakh crore in fiscal 2026, keeping up momentum

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