Ashok Kumar Panda on Saturday assumed charge as chairman and managing director of state-owned Steel Authority of India Limited (SAIL), succeeding Amarendu Prakash whose tenure ended on April 1, 2026, PTI reported.Before taking over as CMD, Panda was serving as Director (Finance) at SAIL, according to a company statement.Panda joined SAIL in 1992 as a…
China’s rare earth exports were valued at $64.2 million in April 2026, according to preliminary trade data released by the General Administration of Customs of the People’s Republic of China (GACC), ANI reported.The customs data showed that China exported 5,308.6 tonnes of rare earths during the month.China’s overall exports rose 12 per cent month-on-month in…
Gujarat has initiated battery energy storage systems with a total capacity of 870 MW at five locations across the state to strengthen grid stability and support the growing integration of renewable energy, PTI reported citing officials on Saturday.Battery Energy Storage Systems (BESS) are used to store electricity generated from solar and other renewable sources and…
In a fresh regulatory challenge for French liquor major Pernod Ricard in India, the Competition Commission of India (CCI) has ordered a detailed antitrust investigation into allegations that the company entered into exclusive arrangements with retailers in New Delhi to promote its brands at the expense of rival firms, according to a Reuters report.The Competition…
Mumbai: Niva Bupa Health Insurance reported an 89.3% rise in Q4FY26 net profit under IFRS accounting standards, Rs 157.8 crore from Rs 83.4 crore a year earlier, while gross written premium grew 30.4% to Rs 3,123.4 crore.The improvement was aided by lower operating costs, higher investment income, stronger retail health premium growth and improving underwriting…
The Centre has completed the implementation of the four new labour codes by notifying the corresponding rules, more than five years after the reforms were first introduced to replace and consolidate 29 existing labour laws, PTI reported.The four codes — the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and…
More than a decade after the launch of the Centre’s flagship Jan Suraksha programmes, claims amounting to nearly Rs 25,160 crore have been paid out under two major insurance schemes, with enrolments include several crores across life cover, accident insurance and pension initiatives. Finance minister Nirmala Sitharaman, marking 11 years of the Jan Suraksha schemes…
Samsung has launched the fifth edition of Samsung Solve for Tomorrow 2026, expanding the scale of its youth innovation programme and increasing incubation grants for winners to ₹2 crore. The programme, announced on May 7, invites students aged 14 to 22 to develop technology-led solutions for real-world social challenges. Applications will remain open until July…
Mumbai : Health insurance is steadily increasing its dominance in India’s non-life insurance industry, with its share rising to 40.8% in FY26 from 38.6% a year earlier. Health as a segment grew 15.4% to about Rs 1.4 lakh crore, even as the non-life industry grew 9.3%, with total gross direct premium income reaching nearly Rs…
Mumbai : Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market is targeting a listing sometime by July,…
