B9 Beverages, known for the Bira 91 brand, is reportedly seeking to sell one of its assets to generate funds necessary to address overdue employee salaries and provident fund contributions. This decision comes in response to severe cash flow issues that have resulted in over 250 employees not receiving their wages for more than six…
Hindustan Aeronautics Ltd (HAL) announced on November 7 that it has signed an agreement with US-based General Electric (GE) for the supply of 113 F404-GE-IN20 engines, along with a support package, for the production of 97 LCA Mk1A fighter jets. The contract for the 97 Light Combat Aircraft was finalized in September 2025, with engine…
Industrialist Mehli Mistry has submitted a caveat petition to the Maharashtra Charity Commissioner, seeking the opportunity for a “fair hearing” prior to any actions taken to remove him from his position as a trustee of Tata Trusts. This caveat serves as a preemptive legal measure that prevents the court or Charity Commissioner from making decisions…
Bajaj Finance Ltd. disbursed approximately 63 lakh consumer loans during the festive season (September 22-October 26), marking a 27% volume increase and 29% value increase year-over-year. The surge reflects the impact of recent GST reforms and personal income tax changes aimed at boosting consumer purchasing power. The company acquired 23 lakh new customers, with 52%…
The initial public offering (IPO) of eyewear brand Lenskart Solutions Ltd drew strong investor interest during its subscription period. Attention now turns to the Lenskart IPO allotment, expected to be finalized today, November 6, 2025. The IPO opened from October 31 to November 4, and the company’s shares are scheduled to list on the BSE…
ICICI Prudential Life Insurance has fully passed on the GST exemption benefit to its customers, effectively reducing the cost of life insurance products including term plans. This move comes after the Government of India announced reforms exempting all insurance policies from 18% GST, lowering premiums and making financial protection more accessible. Earlier, customers paid Rs….
Bajaj General Insurance has lodged an FIR at Porompat Police Station in Imphal, Manipur, after uncovering a sophisticated NEFT forgery linked to medical reimbursement claims processed during the COVID-19 pandemic. The company flagged irregularities when internal checks revealed discrepancies in multiple claims settled via NEFT. According to the insurer, 12 claims were submitted under different…
Groww is offering its shares within a price range of Rs 95 to Rs 100 each, with investors required to apply for a minimum of 150 shares and in multiples thereof. This public offering aims to raise a total of Rs 6,632.30 crore and is open for subscription from November 03 to November 07. The…
Hyundai Motor India Limited has introduced the performance-focused N Line version of its second-generation Venue SUV, with the official launch in India scheduled for November 4, 2025. Bookings are now open at dealerships with a token amount of Rs 25,000. The SUV comes with notable design upgrades distinguishing it from the standard Venue, including red-accented…
Tata group’s airline Air India has successfully finished the initial phase of its retrofit program for its legacy aircraft fleet. This includes the upgrade of all older Airbus A320neo aircraft, which now feature new or enhanced cabin interiors as part of a $400-million initiative aimed at modernizing the aging fleet inherited from the airline’s previous…
