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India's defence modernisation gets boost with Rs 10,147 crore rocket procurement deals

India's defence modernisation gets boost with Rs 10,147 crore rocket procurement deals

In an important move aimed at strengthening India's defence capabilities and achieving the vision of 'Aatmanirbhar Bharat,' the Ministry of Defence (MoD) has signed contracts worth a total of Rs 10,147 crore with three prominent Indian companies: the Economic Explosives Ltd (EEL), Munitions India Ltd (MIL), and Bharat Electronics Ltd (BEL). Feb 7, 2025
Paytm sells entertainment ticketing business to Zomato for Rs 2,048 crore

Zomato's stock exchange rebranding: What you need to know

In a strategic move aimed at streamlining its diversified business portfolio, Zomato's board of directors has approved a significant rebranding effort, renaming the company 'Eternal'. This development, announced via a regulatory filing, marks a pivotal shift in the company's evolution, particularly following its acquisition of quick-commerce platform Blinkit." Feb 7, 2025
RBI gives go-ahead for forward contracts in Govt securities

RBI defers rollout of LCR norms by a year in big relief to banks

In a big relief for banks, RBI Governor Sanjay Malhotra announced on Friday that the implementation of the proposed Liquidity Coverage Ratio (LCR), as well as project financing norms, will be deferred by a year and will not be implemented before March 31, 2026. Feb 7, 2025
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