Anushka Singh
Coal India announced an in-principle approval for divestment of up to a 25% stake in subsidiaries Mahanadi Coalfields Limited (MCL) and Southern Eastern Coalfields Limited (SECL). The divestment of shares will be done through offer-for-sale, while the SECL divestment also includes a fresh issue of shares of up to 10%. Coal India board also approved the closure of MJSJ Coal.
Mar 23rd, 2026

Anushka Singh
Indian Bank on Monday said it has raised ₹5,000 crore through a 10-year long-term infrastructure bond issue at a coupon rate of 7.15%. The lender reportedly received several bids, including two bids for ₹4,100 crore and ₹5,050 crore at coupon rates of 7.14% and 7.15%, respectively. Pay in and allotment for the bonds is set to take place on Tuesday.
Mar 23rd, 2026

Anushka Singh
The Italian Competition Authority on Monday fined UK-based online review platform Trustpilot $4.6 million for misleading customers regarding its services. The competition regulator alleged that Trustpilot failed to verify authenticity of reviews and allowed businesses to pick which consumers could write reviews. "We strongly disagree with the conclusions reached in this finding," Trustpilot said.
Mar 23rd, 2026

Vaishnavi Mishra
The Income Tax Act, 2025, will replace Income Tax Act, 1961, from April 1. The transition aims to help small taxpayers by providing a streamlined, simplified and modern tax code with reduced compliance burden and consolidated provisions, CBDT said. The new Act uses simpler language, reduces excessive cross-referencing and improves digital integration, lowering dependency on complex interpretation.
Mar 23rd, 2026

Vaishnavi Mishra
Chennai-based engineering, procurement and construction firm SEPC said its board of directors approved acquisition of Abu Dhabi-based Avenir International Engineers and Consultants LLC. The deal will be executed through a share swap, with the total consideration for the 90% stake valued at ₹1,530 crore. Approvals from lenders and shareholders on proposed acquisition are expected within six months.
Mar 23rd, 2026

Anmol Sharma
Pakistan is likely to run out of liquefied natural gas (LNG) within the next 10 days as disruptions to Qatar’s export infrastructure halt supplies from the Gulf, according to a report by the Financial Times. Qatar, which accounts for about a fifth of global LNG production, has suspended exports after missile strikes damaged its Ras Laffan Industrial City.
Mar 23rd, 2026

Vaishnavi Mishra
IndiGo-parent InterGlobe Aviation on March 23 announced the appointment of Aloke Singh as its new Chief Strategy Officer, weeks after the airline announced the departure of CEO Pieter Elbers. Most recently, Singh served as Managing Director and Chief Executive Officer of IndiGo's rival, Air India Express. He concluded his five-year tenure at Air India Express on March 19 this year.
Mar 23rd, 2026

DTDC Express has partnered with Himachal Road Transport Corporation to improve logistics access in remote hill regions. Courier consignments will move via HRTC bus routes, ensuring faster and reliable delivery. The initiative will benefit MSMEs & local traders by streamlining supply chains, while also boosting regional connectivity and generating additional revenue for the state transport network
Mar 23rd, 2026

Gemini Space Station (GEMI) shares fell despite Bitcoin recovering after Mizuho and Needham cut price targets, citing weak trading volumes. The stock also faces a shareholder lawsuit alleging misleading IPO statements. Trading near multi-month lows, GEMI shows strong selling pressure and negative momentum, having dropped nearly 79% from its IPO price.
Mar 23rd, 2026

Bitmine (BMNR) stock rose after acquiring 65,000 ETH, its largest purchase this year. Chairman Tom Lee believes "mini crypto winter" is ending and predicted the CLARITY Act will boost Ethereum. Bitmine now holds 4.6 million ETH, aiming for a 5% share of total supply. Ethereum’s price rose 3.1% in last 24 hours to over $2,100 in the cryptocurrency market.
Mar 23rd, 2026

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