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IndiGo CEO Pieter Elbers has resigned following the airline's major operational collapse in December 2025, with co-founder Rahul Bhatia taking interim charge of the carrier.
An acquirer group has launched a mandatory open offer to buy a 26% stake in RGF Capital Markets at ₹1 per share, signaling a potential management overhaul.
RGF Capital Markets announces a major restructuring, including a ₹50 crore fundraise via warrants and a change in promoters, pending regulatory and shareholder approvals.
RGF Capital Markets Limited is undergoing a major restructuring, raising ₹50 crore via warrants and facilitating a change in control through a share purchase agreement and open offer.
RGF Capital Markets is set for a significant transformation with a ₹50 crore capital infusion, a change in promoters, and a substantial increase in authorized capital.
Pharmaceutical firm Panacea Biotec received a major boost after an appellate tribunal cancelled a substantial tax demand of ₹3.29 billion, positively impacting its stock price.
Panacea Biotec receives a major relief as an appellate tribunal order cancels a significant tax demand of ₹3.29 billion, positively impacting its stock price.
CRISIL and Infomerics have downgraded SEPC Limited's credit rating to 'D' following a default on loan interest payments and significant liquidity challenges.
CRISIL and Infomerics have downgraded SEPC Limited's credit rating to 'D' following a default on loan interest payments and significant liquidity pressures from a court order.
Following NCLT approval, Adani Infra has completed its ₹281.10 crore acquisition of Punj Lloyd, expanding its EPC and defence footprint through a complex restructuring.
Adani Infra has acquired debt-ridden Punj Lloyd for ₹281.10 crore in a deal approved by the NCLT, marking a major consolidation in the EPC sector.
NHAI-sponsored Raajmarg Infra Investment Trust secured ₹1,728 crore from anchor investors ahead of its ₹6,000 crore IPO, opening March 11 for retail participation.
The Reserve Bank of India has introduced a new prudential framework for bank dividends effective FY27, linking payouts to capital strength and capping them at 75% of profits.
The Reserve Bank of India has issued updated prudential norms linking bank dividend payouts directly to capital strength, setting a new framework effective from FY 2026-27.
The Reserve Bank of India has introduced a revised framework for bank dividend payouts, capping them at 75% of adjusted profits and linking them to capital adequacy.
Tata Consultancy Services sees its market capitalization fall by over $100 billion from its 2022 peak amid IT sector headwinds and AI-related uncertainties.