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November 5, 2025

Get Bloomberg India's Exclusive Billionaire and Market News on WhatsApp

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ED and IBBI Team Up to Restore Attached Assets to Banks and Homebuyers from Bankrupt Companies

November 5, 2025

ED and IBBI Team Up to Restore Attached Assets to Banks and Homebuyers from Bankrupt Companies

Big news for banks and homebuyers! The Enforcement Directorate and IBBI have created a new system to release assets of bankrupt companies stuck under investigation. Now, these assets will be returned to rightful owners while offenders face the law. A win-win for justice and money recovery!

12 Indian States Now Pump Rs 1.68 Lakh Crore Directly into Women’s Hands—A Gamechanger or Budget Strain?

November 5, 2025

12 Indian States Now Pump Rs 1.68 Lakh Crore Directly into Women’s Hands—A Gamechanger or Budget Strain?

India is witnessing a cash revolution for women! From 2 states in 2022-23 to 12 now, direct cash transfers are booming. Spending hits Rs 1.68 lakh crore, shaking state budgets and stirring political winds before elections.

SBI's Profit Jumps 10% in Q2 to ₹20,160 Crore, Thanks to Loan Growth and Yes Bank Stake Sale

November 5, 2025

SBI's Profit Jumps 10% in Q2 to ₹20,160 Crore, Thanks to Loan Growth and Yes Bank Stake Sale

SBI dazzled with a 10% profit jump to ₹20,160 crore in Q2, smashing expectations! Retail, agriculture, MSME loans soared, and Yes Bank stake sale added to the sparkle. Chairman CS Setty is optimistic about even higher loan growth this year.

Adani Enterprises to Raise ₹25,000 Crore via Rights Issue; Q2 Profit Rocketed 84%

November 5, 2025

Adani Enterprises to Raise ₹25,000 Crore via Rights Issue; Q2 Profit Rocketed 84%

Adani Enterprises is ready to raise a whopping ₹25,000 crore through rights issue! Its September quarter profit jumped 84%, thanks to a big gain from selling part of Adani Wilmar. The funds will mainly help cut debt and boost the airport business. Exciting times ahead for this infrastructure giant!