money cash merger demerger acquire acquisition

The success of National Urban Cooperative Finance and Development Corporation will revive public confidence in the sector and provide regulatory comfort

Window opens to give urban cooperative banks an uplift

Business Standard

Forty-six per cent of the more than 51 lakh eligible voters for civic body polls in Haryana exercised their franchise on Sunday, officials said.
The polling was peaceful, they added.
Voting was held to elect the mayors and ward members of seven municipal corporations -- Gurugram, Manesar, Faridabad, Hisar, Rohtak, Karnal and Yamunanagar.
Bypolls for the mayors' posts in Ambala and Sonipat were also held.
The voting was held from 8 am to 6 pm.
The turnout in the civic polls was recorded at 46 per cent, the officials said, adding that the overall percentage may slightly increase once the entire data is collected.
Elections were also held for the posts of presidents and ward members in four municipal councils -- Ambala Sadar, Pataudi Jatoli Mandi, Thanesar and Sirsa.
A bypoll was also held for the president's post in the Sohna Municipal Council.
Voting also took place for the election of the presidents and ward members in 21 municipal committees. Bypolls for the presidents' posts 

New Delhi Election, Election, Vote, Voting

The registration process for providing Rs 2,500 per month to women from economically weaker sections by the BJP government in Delhi will begin on March 8, party MP Manoj Tiwari said on Sunday..
In its Delhi Assembly election manifesto, the BJP promised to provide Rs 2,500 per month to women from economically weaker sections under the Mahila Samriddhi Yojna, once it came to power in Delhi.
Tiwari, on the sidelines of an event, told PTI Videos, "We are beginning registrations for our announcement of Rs 2,500 to be provided to poor women in Delhi from March 8..
A list of beneficiaries will be prepared. The entire process of providing Rs 2,500 to every financially poor woman will be completed in one and a half months, he said, appealing to women to register for the scheme.
The opposition AAP has criticised the BJP government for not approving the scheme in its first Cabinet meeting, as promised by the Prime Minister.
Delhi Chief Minister Rekha Gupta has claimed that the previous AAP .

Manoj Tiwari, Manoj

Union Minister Jitendra Singh on Sunday said innovations originating in remote villages will be scaled up to create equal opportunities and resources and asserted grassroots innovators are being acknowledged for the first time in India under the Narendra Modi government.
The Union Minister of State for Science and Technology was addressing the silver jubilee celebration of the National Innovation Foundation (NIF), an autonomous institute under Department of Science and Technology of the Centre.  "Prime Minister Modi's commitment to 'Virasat Bhi aur Vikas Bhi' integrates India's exclusive traditional knowledge with cutting-edge technology," said Singh, who also released a postal stamp, a magazine titled 'Innovation frontline' and a coffee table book on the occasion.  "Innovations originating in remote villages will be scaled up, ensuring equal opportunities and resources as available in urban areas," an official release quoted Singh as saying.  He applauded India's transformation from 

Jitendra Singh

More than 50,000 people who were separated from their families amid the massive crowd of devotees at the 45-day Maha Kumbh were successfully reunited with their loved ones, the UP government said on Sunday.
According to a statement issued by the government, during the Maha Kumbh Mela, more than 66 crore devotees from every corner of the country and abroad took a holy dip in the Ganga and Sangam.
During this time, 54,357 people who were separated from their families were reunited. The number of women among those who got separated was higher.
This time, the state government had set up digital lost and found centres to quickly reunite the lost people with their families during Mahakumbh.
Through these centres, more than 35,000 devotees were reunited with their families during Mahakumbh.
During 'Amrit Snaan' -- 598 devotees on Makar Sankranti, 8,725 people during Mauni Amavasya, and 864 people on Basant Panchami were reunited with their families with the help of digital lost and found

Maha Kumbh Mela, Maha Kumbh, MahaKumbh, Prayagraj

Appellate tribunal NCLAT has dismissed petitions by Deloitte Haskins and Sells and its two associates, challenging the admissibility of the second interim investigation report by the Serious Fraud Investigation Office (SFIO) on Infrastructure Leasing and Financial Services (IFIN).
The petitions also contested the compilation submitted by the government (MCA) to the tribunal.
The compilation included documents related to the IFIN investigation report and the amended request regarding the proceedings against them to freeze their assets based on the second interim report by SFIO.
A two-member bench of the NCLAT upheld an earlier order issued by the Mumbai Bench of the National Company Law Tribunal.
On July 22, 2024, the tribunal ruled that the second interim SFIO report, along with the accompanying documents, could be considered for both interim relief and the final declaration.
"We, thus, are of the view that the second SFIO Report as well as the compilation of documents filed by th

Law, Law and Order, Justice, Punishment

According to the complainant, Sebi officials permitted the listing of a company that failed to meet regulatory norms, leading to market manipulation and investor losses

Sebi Chairperson Madhabi Puri Buch (Photo: PTI)

Sebi Chairperson Madhabi Puri Buch

In February 2025, Trump ordered a halt to FCPA enforcement, a move that industry observers believe could weaken the legal case against the Adani executives

Adani Group (Photo: Bloomberg)

Speaking at the second edition of Mumbai Tech Week on March 1, Ritesh Agarwal highlighted the need for a mindset shift

Oyo founder Ritesh Agarwal

The move follows Ukrainian President Volodymyr Zelenskyy's recent visit to the White House, where he had a hostile conversation with US President Donald Trump and Vice President JD Vance

Donald Trump, JD Vance, Volodymyr Zelenskyy

Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said.
Markets may face volatile trends going ahead as investor sentiment continue to remain weak due to escalating trade tariff concerns and foreign fund outflows, experts noted.
In February alone, the NSE Nifty tanked 1,383.7 points or 5.88 per cent. The BSE Sensex lost 4,302.47 points or 5.55 per cent last month.
From its record peak of 85,978.25 hit on September 27 last year, the BSE benchmark index is down 12,780.15 points or 14.86 per cent. The Nifty dropped 4,152.65 points or 15.80 per cent from its lifetime high of 26,277.35 hit on September 27, 2024.
"Investors will be closely watching key events, including the tariff policy, and jobless claims. In the near term, market conditions are expected to remain weak, with a gradual recovery anticipated as earnings improve from Q1 FY26 and global trade policy uncertainties subside," Vinod

Stock markets, Indian markets

Commodity traders and mill owners are demanding the government abolish the Krishak Kalyan Fee and the mandi tax of 1.60 per cent on agricultural commodities

There were long drawn farmer protests in 2020 demanding legalising minimum support price (MSP) and that demand appears to have regained momentum recently.  Notwithstanding formal legalisation, MSP continues to remain at the core of the discourse on r

He further added that the regulatory body is not passing disciplinary orders in abundance and is instead focussing on inspections

Ajay Bhushan Pandey, chairman, National Financial Reporting Authority (NFRA) on Thursday at the Business Standard’s Manthan summit.

Ajay Bhushan Pandey, chairman, National Financial Reporting Authority (NFRA) on Thursday at the Business Standard's Manthan summit.

The Uttar Pradesh government has announced a special Rs 10,000 bonus and the 'Maha Kumbh Seva Medal' for 75,000 police personnel who served during the "historic gathering", Chief Minister Yogi Adityanath said on Thursday.
The personnel will also receive a one-week phased leave as a token of appreciation for their efforts in managing the grand religious event, he said.
Speaking at a special event at the Ganga Mandapam, CM Adityanath praised the police force's patience and discipline, acknowledging the challenging crowd management during the 45-day pilgrimage.
"Our personnel were even pushed by people at times but they displayed remarkable resilience and patience," he said.
Describing the Maha Kumbh as the world's largest and most historic gathering, Adityanath credited its success to Prime Minister Narendra Modi's visionary leadership and the collective efforts of the security personnel.
He highlighted how the event seamlessly blended faith and economy, drawing 66.3 crore devotees 

Yogi Adityanath, yogi, UP CM

Domestic air traffic grew 11.28 per cent to 1.46 crore in January compared to the year-ago period, according to official data.
IndiGo saw its market share climb to 65.2 per cent while that of Air India Group declined to 25.7 per cent last month.
Akasa Air and SpiceJet saw their respective market share increased to 4.7 per cent and 3.2 per cent.
"Passengers carried by domestic airlines during January 2025 were 146.11 lakh as against 131.30 lakh during the  corresponding period of the previous year thereby registering an annual growth of 11.28 per cent and monthly growth of 11.28 per cent," DGCA said on Thursday.
Last month, the overall cancellation rate of scheduled domestic airlines stood at 1.62 per cent, with the highest cancellation rate for Fly Big at 17.74 per cent followed by Fly91 (5.09 per cent) and Alliance Air (4.35 per cent).
The data released by the Directorate General of Civil Aviation (DGCA) showed that IndiGo recorded the highest On Time Performance (OTP) at 75.5 pe

indigo airlines, indigo

Thousands of US Agency for International Development workers who have been fired or placed on leave as part of the Trump administration's dismantling of the agency were being given a 15-minute window Thursday and Friday to clear out their workspaces.
The first USAID workers arrived under heavily overcast skies for what appears likely to be their final visit to the now-closed Washington headquarters of the 6-decade-old aid agency. A small and sombre group of supporters greeted them.
Large numbers of federal officers also were waiting outside, with at least seven intercepting one of the first workers who appeared, rolling a suitcase behind him, to escort him inside.
While larger bureaus at the agency are urging supporters to turn up to clap out staffers over the next two days, a Trump administration ban on USAID staffers speaking publicly also has many fearing retaliation if they speak publicly.
USAID placed 4,080 staffers who work across the globe on leave Monday. That was joined by

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V S Das

V S Das

Window opens to give urban cooperative banks an uplift

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Haryana civic polls: 46% of more than 5.1 mn voters exercise franchise

Delhi to begin registration for Rs 2,500 monthly scheme for women on Mar 8

Govt to scale up remote village innovations to create equal opportunities

Over 50,000 people reunited with families during Maha Kumbh, says UP govt

NCLAT dismisses Deloitte Haskins' plea on admissibility of SFIO's report

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