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Government gives final nod to Emirates NBD's $3 billion majority stake in RBL Bank
Dubai's Emirates NBD has secured all necessary approvals for its significant investment in RBL Bank. This landmark deal, valued at approximately $3 billion, will see Emirates NBD acquire a majority controlling stake. The transaction is set to be completed soon. RBL Bank will operate as a foreign bank subsidiary. This marks a major cross-border investment in India's financial sector.
Intellect wins landmark partnership with 37 Canadian financial institutions
Intellect Design Arena announced that 37 Canadian financial institutions, which are participants of the National Digital Banking Working Group (NDBWG), have selected Intellect to deliver a world-class digital banking experience to over 262,000 credit union and financial institution members across 5 provinces.
SPML Infra surges after bagging Rs 1128 crore BESS project from NTPC
SPML Infra jumped 4% to Rs 222.20 after the company announced that it has secured a landmark Rs 1,128 crore contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Limited's Barauni Thermal Power Station in Bihar.
Netweb Technologies Q4 results: Revenue leaps 90%, profit after tax jumps to ₹706 million, up 66% YoY — Key highlights
Netweb Technologies, provider for AMD, Intel, Nvidia and Samsung, called FY26 a “landmark” year, with full-year revenue jumping 90% YoY to ₹21,836 million. PAT for the quarter stood at ₹706 million, representing 65.7% YoY growth.
Ladakh slashes red tape: LG Saxena announces landmark tourism reforms to boost ‘ease of doing business’
Ladakh's tourism and hospitality sector is set for a major transformation. Lieutenant Governor Vinai Kumar Saxena has approved significant reforms to simplify business processes. Registration for tour operators is now valid for five years. Specialized travel registrations are merged into one. Hotel classifications are removed, replaced by a streamlined licensing system.
India’s first class action suit teeters as lead shareholder exits Jindal Poly Films case
Ankit Jain’s withdrawal after selling his stake forces the NCLT to decide if a new petitioner can step in to rescue the landmark ₹2,500-crore siphoning case.
Landmark step, but concerns remain: Experts on Kalpakkam nuclear reactor reaching criticality
India's first indigenous prototype fast breeder reactor at Kalpakkam has achieved criticality. This marks a major milestone in the nation's pursuit of nuclear self-reliance. The reactor's success bolsters the three-stage nuclear program. Experts highlight its role in harnessing India's vast thorium reserves for future energy security.
Stocks to Watch Today: Coal India, Saatvik Green Energy, JK Tyre, Siemens, ONGC, Ram Ratna Wires, Landmark Cars, Gandhar Oil, P&G Health in focus on 27 May
Stocks to watch on 27 May: Stocks like Oil and Natural Gas Corporation, Siemens, JK Tyre and Industries, Procter and Gamble Health, Landmark Cars, Gandhar Oil Refinery India, Ram Ratna Wires, Vodafone Idea, and Bharti Airtel.