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RBI Cancels NBFC Licences of Rightex Trading and Khera Motor Finance

MUMBAI — In a major regulatory enforcement action targeting the shadow banking industry, the Reserve Bank of India (RBI) has officially cancelled the...

13 Jun 2026, 02:55 PM
RBI Directs Banks to Aggressively Mobilize FCNR(B) Forex Inflows

MUMBAI — The Reserve Bank of India (RBI) has directed chief executives of major public and private sector banks to intensify efforts to attract overse...

13 Jun 2026, 01:50 PM
Prism Secures ₹885 Crore Tax Relief Ahead of Planned IPO

NEW DELHI — Prism, the parent conglomerate of global travel technology platform OYO, has successfully secured a major financial victory ahead of its u...

13 Jun 2026, 01:33 PM
Zoho CEO Sridhar Vembu Calls Anthropic Shutdown A Wake-Up Call For India

MUMBAI — Sridhar Vembu, the founder and Chief Executive Officer of Zoho Corporation, issued a stark warning to India's technology sector today, charac...

13 Jun 2026, 01:18 PM
EV Mobility Startup Trevel Raises $1 Mn Led By India Accelerator

GURUGRAM, INDIA — Premium electric vehicle (EV) mobility platform Trevel, legally operated under Inwisement Technologies Pvt Ltd, announced on June 12...

13 Jun 2026, 01:03 PM
Falling Crude Oil Price Sends Oil-Sensitive Stocks Soaring In Relief Rally

MUMBAI — A dramatic plunge in global crude oil prices has sparked a major relief rally across international equity markets, driving shares of heavily...

13 Jun 2026, 12:48 PM