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Tag: India economy

Mahindra to Acquire 58.96% Stake in SML Isuzu for ₹555 Crore

Mahindra & Mahindra Ltd (M&M) has announced that it will acquire a 58.96% stake in SML Isuzu Ltd (SML) for ₹555 crore at ₹650 per share, as part of a strategic move to significantly strengthen its presence in the >3.5 tonne commercial vehicles (CV) segment. The agreement includes the launch of a mandatory open offer in accordance with SEBI Takeover Regulations. This acquisition marks a...

F-Secure Partners with Orange to Expand Consumer Cybersecurity

F-Secure, a global leader in cybersecurity solutions, has announced a new partnership with Orange, one of the world’s major telecommunications providers. Building on an earlier announcement made on April 1st, the collaboration will see Orange offering F-Secure’s Total solution to millions of its customers across Europe. The partnership combines F-Secure’s advanced threat protection technologies with Orange Cyberdefense’s managed services expertise to provide a comprehensive digital...
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RBI Relaxes Loan Rules for Microfinance and NBFCs

The Reserve Bank of India (RBI) has partially rolled back stricter lending rules for small borrowers and non-bank lenders, following recent policy adjustments aimed...

New Tax Bill Grants Authorities Broad Digital Access

India’s newly proposed Income Tax Bill, 2025, grants sweeping powers to tax authorities, allowing them to access taxpayers’ emails, trading and social media accounts,...

Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping

Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...