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RBI grants approval to ICICI AMC for acquisition of upto 9.95% stake in Karur Vysya Bank

India, Feb. 13 -- Karur Vysya Bank announced that the Reserve Bank of India (RBI) vide its letter dated 10 February 2026, has accorded its approval to ICICI Prudential Asset Management Company (ICICI ... Read More


Intellect launches Purple Fabric as an Enterprise AI for mid and large sized firms

India, Feb. 13 -- Intellect Design Arena today announced that Purple Fabric, India's Judgment-Centric full-stack Open Business Impact AI platform, is now available as an Enterprise AI on Tap at Rs 99,... Read More


Sterling Holiday Resorts opens its 2nd resort in Ayodhya

India, Feb. 13 -- Sterling Holiday Resorts announced the opening of Sterling Saryu Ayodhya, its second resort in Ayodhya, reinforcing its destination-led growth strategy in one of India's most signifi... Read More


Radico Khaitan strengthens leadership pipeline to drive future growth

India, Feb. 13 -- Radico Khaitan has announced a leadership progression in line with its strategic priorities of premiumisation, global brand building, and future readiness.The Company has elevated Su... Read More


HCL Technologies partners with Cisco to launch AI-powered Fluid Contact Center solution

India, Feb. 13 -- HCL Technologies (HCL Tech) announced the launch of an enhanced version of its Fluid Contact Center solution in collaboration with Cisco.The solution features AI and cloud-enabled ca... Read More


India Ratings Assigns M11 Energy Transition's Bank Loan Facilities 'IND BBB+'/Stable/'IND A2'

India, Feb. 13 -- India Ratings and Research (Ind-Ra) has assigned M11 Energy Transition Private Limited's (M11) bank loan facilities 'IND BBB+'. The Outlook is Stable. Published by HT Digital Conten... Read More


RBI cancels the licence of Indian Mercantile Co-operative Bank Ltd., Lucknow

India, Feb. 13 -- The Reserve Bank of India (RBI), vide order dated February 11, 2026, has cancelled the licence of "Indian Mercantile Co-operative Bank Ltd., Lucknow", under Section 22 read with Sect... Read More


RBI imposes monetary penalty on CSB Bank Limited

India, Feb. 13 -- The Reserve Bank of India (RBI) has, by an order dated February 06, 2026, imposed a monetary penalty of Rs. 63.60 lakh (Rupees Sixty Three Lakh Sixty Thousand only) on CSB Bank Limit... Read More


RBI imposes monetary penalty on IIFL Finance Limited

India, Feb. 13 -- The Reserve Bank of India (RBI) has, by an order dated February 06, 2026, imposed a monetary penalty of Rs. 5.30 lakh (Rupees Five Lakh Thirty Thousand only) on IIFL Finance Limited ... Read More


RBI imposes monetary penalty on Navi Finserv Limited

India, Feb. 13 -- The Reserve Bank of India (RBI) has, by an order dated February 10, 2026, imposed a monetary penalty of Rs. 3.80 lakh (Rupees Three Lakh Eighty Thousand only) on Navi Finserv Limited... Read More