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IndusInd Bank raises $2 billion in higher-cost bulk deposits in March

IndusInd Bank raises $2 billion in higher-cost bulk deposits in March

India's IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.

The country's fifth-largest private sector bank flagged earlier in the month a $175 million hole in its balance sheet, citing accounting discrepancies in its derivatives portfolio.

L&T bags biggest order till date for offshore units from QatarEnergy LNG

L&T bags biggest order till date for offshore units from QatarEnergy LNG

Larsen & Toubro (L&T) has secured an offshore contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4), the company said in an exchange filing on Wednesday. The contract has been classified by 'ultra mega,' L&T's highest classification. While the exact amount has not been disclosed, orders falling under this classification start at Rs 15,000 crore, making it the largest single order in L&T’s history.

Suspended Cong MLAs forcibly 'evicted' from Odisha Assembly, claim leaders

Suspended Cong MLAs forcibly 'evicted' from Odisha Assembly, claim leaders

The suspended Congress MLAs, who were staging a sit-in the Well of the House protesting action against them, were forcibly evicted from the Assembly and dropped near the Congress Bhawan, a party leader alleged on Wednesday.

The MLAs were "forcibly evicted" from the Assembly on Tuesday night and they had to spend the night on the street at Master Canteen, he said.

KTR slams Telangana govt for 'beauty pageants' amid farmers' suicides

KTR slams Telangana govt for 'beauty pageants' amid farmers' suicides

Bharat Rashtra Samithi (BRS) Working President K T Rama Rao launched a scathing attack on the Congress-led Telangana government for prioritizing beauty pageants over addressing the "escalating crisis of farmer suicides in Telangana."

Speaking in the Assembly on Tuesday, KTR criticized the government's decision to spend Rs 55 crore on events like Miss World while claiming that farmers are struggling without drinking or irrigation water, according to a statement released by his office.

Lok Sabha passes Finance Bill 2025 with 35 amendments, Rajya Sabha next

Lok Sabha passes Finance Bill 2025 with 35 amendments, Rajya Sabha next

The Lok Sabha on Tuesday passed the Finance Bill, 2025 with 35 amendments. The amendments include one that abolishes a 6 per cent digital tax, popularly known as the 'Google Tax,' on online advertisements.

"I have proposed to remove the 6 per cent equalisation levy for advertisements. Equalisation levy on online advertisements to be abolished to address uncertainty in international economic condition," said Sitharaman while replying to the discussions on the Finance Bill 2025 in the Lok Sabha,.

Cash discovery row: SC's in-house 3-member committee commences inquiry

Cash discovery row: SC's in-house 3-member committee commences inquiry

Three members of the Supreme Court-appointed in-house committee on Tuesday commenced its inquiry into the alleged cash discovery row involving Delhi High Court judge Justice Yashwant Varma, sources said.

They said the three members -- Justice Sheel Nagu, Chief Justice of the High Court of Punjab and Haryana, Justice G S Sandhawalia, Chief Justice of the High Court of Himachal Pradesh, and Anu Sivaraman, Judge of the High Court of Karnataka -- reached Justice Varma's official residence at 30, Tughlak Crescent here.

BMW Industries jumps 10% after signing MoU with Steel ministry under PLI

BMW Industries jumps 10% after signing MoU with Steel ministry under PLI

BMW Industries shares jumped 9.9 per cent in trade on Tuesday, March 25, 2025, logging an intraday high at ₹49.51 per share on BSE. The stock was in demand after the company inked a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) scheme 1.1 for specialty steel.

L&T-Cloudfiniti partners with three AI startups to drive digital innovation

L&T-Cloudfiniti partners with three AI startups to drive digital innovation

Larsen & Toubro on Tuesday announced its division L&T-Cloudfiniti has partnered with three leading Artificial Intelligence (AI) startups, including one based in Europe.

The partnerships have been established with Hanooman AI, CoRover, and Pidima AI.

Ola Electric settles dues with Rosmerta Group, NCLT pleas withdrawn

Ola Electric settles dues with Rosmerta Group, NCLT pleas withdrawn

Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility Limited, has resolved its financial disputes with the Rosmerta Group, leading to the withdrawal of insolvency petitions previously filed against it, the company said in a regulatory filing on Tuesday.

The Rosmerta Group had earlier filed insolvency petitions against Ola Electric Technologies, citing unpaid dues.

T'gana tunnel collapse: Another body found, efforts underway to retrieve it

T'gana tunnel collapse: Another body found, efforts underway to retrieve it

The rescue teams traced another body of a worker in the early hours of Tuesday from the Srisailam Left Bank Canal (SLBC) tunnel in Nagarkurnool which collapsed on February 22 entrapping eight workers. The body is stuck in a difficult position, and the teams are currently making efforts to retrieve it.

According to rescue teams, "Today, in the early morning hours, we found another dead body stuck in a position, and we are currently working to retrieve it."

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