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Syngene International appoints Siddharth Mittal as MD & CEO

Mumbai, July 2 -- He succeeds Peter Bains, who completed his tenure as MD & CEO on 30 June 2026. Siddharth Mittal joins Syngene from Biocon, where he most recently served as managing director and CEO... Read More


Read between the lines: India's external debt isn't as comfort-assuring as it may seem at first glance

New Delhi, July 2 -- On Monday, the Reserve Bank of India (RBI) released its Annual Statement detailing India's external debt position at the end of March. On the face of it, the country's overall po... Read More


Kotak Mahindra announces direct assignment of loan portfolio from Kotak Mahindra Investments

India, July 2 -- Kotak Mahindra Bank announced that the loan portfolio of Kotak Mahindra Investments (KMIL), aggregating to an outstanding amount of Rs. 9,587.62 crore as on 01 July 2026, stand direct... Read More


Adani Ports handled cargo volumes jump 13% to 46.8 MMT in Jun'26

India, July 2 -- Adani Ports & Special Economic Zone (APSEZ) handled cargo volume of 46.8 MMT in Jun'26 (+13%) while Q1FY27 cargo volume stood at 138.1 MMT (+15%).During Jun'26, APSEZ handled cargo vo... Read More


RBI imposes monetary penalty on Nirmal Urban Co-operative Bank Ltd., Nagpur, Maharashtra

India, July 2 -- The Reserve Bank of India (RBl) has, by an order dated June 30, 2026, imposed a monetary penalty of Rs. 1 lakh (Rupees One Lakh only) on Nirmal Urban Co-operative Bank Ltd., Nagpur, M... Read More


RBI imposes monetary penalty on Dharmavir Sambhaji Urban Cooperative Bank Ltd., Pune, Maharashtra

India, July 2 -- The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of Rs. 10,000/- (Rupees Ten Thousand only) on Dharmavir Sambhaji Urban Cooperative Ban... Read More


RBI imposes monetary penalty on The N.E. & E.C. Railway Employees' Multi-State Primary Co-operative Bank Ltd, Gorakhpur

India, July 2 -- The Reserve Bank of India (RBI) has, by an order dated June 30, 2026, imposed a monetary penalty of Rs. 1.05 lakh (Rupees One Lakh Five Thousand only) on The N.E. & E.C. Railway Emplo... Read More


African Development Bank strengthens public service capacity to improve project performance in Togo

Togo, July 2 -- The African Development Bank Group, in collaboration with the Government of Togo, organised an institutional capacity-building workshop and a fiduciary clinic from 18 to 21 May 2026 in... Read More


IFC Marks the Start of Fiscal Year 2027 with its Largest Kangaroo Bond

United States, July 2 -- The International Finance Corporation (IFC), a member of the World Bank Group, launched its fiscal year 2027 funding program with the issuance of an AUD1.5 billion 5.5-Year be... Read More


ABI/Ameublement Bureau Interieur Inc. secures contract for CW2385444_EF245-251079 - Panel systems

Canada, July 2 -- Canada based ABI/Ameublement Bureau Interieur Inc. has secured contract from Canada Revenue Agency (CRA) for CW2385444_EF245-251079 - Panel systems . The value of the contract is not... Read More