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13 Nov

RBI Approves Pratap Singh as New MD & CEO of Fino Payments Bank for Three-Year Term

nanikaBanking

Fino Payments Bank announced on Friday through a regulatory filing that the Reserve Bank of India has officially approved the appointment of seasoned banking professional Pratap Singh as its new Managing Director and Chief Executive Officer for a three-year term. According to the filing, Singh’s tenure is set to take effect from November 27, 2026, or from the actual date he assumes charge, depending on whichever occurs earlier. Following the central bank’s clearance, the board of directors at Fino Payments Bank will proceed with the requisite procedural formalities to finalize his induction, which remains subject to the formal approval of…

13 Nov

IPO Bound: Crystal Crop Protection Fixed Price Band at ₹259–₹272 Targeting ₹456 Crore Mainboard Debut

sunnyBusiness

Crystal Crop Protection Ltd is launching its much-anticipated initial public offering for public subscription starting November 18 through November 20, with the agrochemical and crop solutions enterprise fixing a share price band of Rs 259 to Rs 272 to raise a total of Rs 456 crore at the upper end of the spectrum. The public offering consists of a fresh issue worth Rs 355 crore and an Offer for Sale of shares totaling up to Rs 101 crore, while the grey market premium currently stands at zero and the enterprise valuation at the upper price band is estimated at Rs…

13 Nov

Sacred Relics of Lord Buddha Draw Massive Crowds Across Arunachal Pradesh

Sonakshi SarkarArunachal Pradesh

Nearly 50,000 devotees have visited the exposition of the Sacred Relics of Shakyamuni Buddha across Arunachal Pradesh since the event began on October 31, reflecting the continued importance of Buddhist traditions and religious heritage in the northeastern state. The exposition is currently underway in Bomdila and will move to Namsai for its next phase from November 14. The seven-day opening leg of the exposition was held at Gaden Namgyal Lhatse Monastery, popularly known as Tawang Monastery, where more than 31,000 devotees visited between October 31 and November 7. People from Tawang and neighbouring areas gathered at the historic monastery to…

13 Nov

Fairfax plans to transform IDBI Bank into global financial services powerhouse

Business BureauBusiness

Canadian investor Fairfax Financial Holdings plans to transform IDBI Bank into a diversified financial services powerhouse with global reach following its proposed Rs 52,878-crore acquisition of a 60.72 per cent controlling stake in the lender. Fairfax, led by billionaire investor Prem Watsa, offered Rs 81 per share, exceeding the government's independent valuation benchmark of Rs 75.99. The offer represents a 56 per cent premium over IDBI Bank's regulatory book value of Rs 51.85 per share as of March 31, 2026. Peter Clarke, President and Chief Operating Officer of Fairfax, said the company believes IDBI Bank has the potential to become…

13 Nov

Pandu’s Debasmita Kashyap honoured after winning best singer award at GU youth festival

barnalighoshAssam

Debasmita Kashyap, the best singer of the recently concluded Gauhati University Inter-College Youth Festival and a meritorious student of the 3rd semester of the English Department of the University, brought rare glory to Ward No. 1 of the Guwahati Municipal Corporation. For this achievement, various organisations felicitated her with gamosa, japi, citation and sarai at her residence in Pandu Sadilapur on the evening of November 11. Among those who felicitated her were Ward No. 1 Councillor of the Municipal Corporation Hukum Chand Ali Bakshi, General Secretary of Ward No. 1 Development Committee Lohit Chandra Das, member Abu Bakkar Siddique, General…

12 Nov

Neighbor booked after 5-year-old dies in firecracker scare in Maharashtra

barnalighoshIndia

The deafening sound of firecrackers and a neighbor's negligence have brought a devastating tragedy to a family in Shiva Shakti Nagar, Brahmapuri, Maharashtra. A five-year-old boy lost his life after falling on the floor while trying to run away in fear from the loud noise of firecrackers. The child, identified as Harsh Kumar, son of Neeraj Singh, was rushed to the hospital at night but passed away in the early hours of the morning while undergoing treatment. Neeraj Singh, a printing press worker, saw his only son Harsh standing at the doorway with his elder sister, enjoying the fireworks. At…

12 Nov

Garal aspire career classes felicitates HSLC, HS & CBSE top performers

barnalighoshIndia

The 7th annual session of 'Aspire Career Classes' located at Garal Kheliapara under Azara police station area on the western outskirts of Guwahati was held today at the Garal Daul Mandir premises. On the occasion, meritorious students who studied at the institute and excelled in the High School Leaving Certificate Examination and Higher Secondary Examination, as well as Class 10 and Class 12 of CBSE, were felicitated. Various education enthusiasts of the area and students of the institute participated in the event. As invited guests, Dr. Mahua Bhowmik Sinha, Head of the Institute of Pharmacy Department of Gauhati Medical College,…

12 Nov

Four of Family, Including Three Children, Killed in Devastating Fire in Arunachal Pradesh

ParomitaArunachal Pradesh

2. 19 Houses Gutted in Kurung Kumey Blaze, Husband of Deceased Woman Remains Missing At least four members of a family, including three children, were killed after a devastating fire swept through Parsi-Parlo town in Arunachal Pradesh's Kurung Kumey district in the early hours of Thursday, officials said. The deceased have been identified as a woman and her three minor children, comprising two boys and a girl. Her husband remains missing, raising concerns that the death toll could rise further. According to Deputy Commissioner Cheechung Chukhu, the fire broke out at around 2.30 am and rapidly spread to neighbouring houses.…

12 Nov

Walk-In Remittances Made Easier: RBI Permits Up to Rs 50,000 Transfers Through NEFT

sunnyBusiness

The Reserve Bank has officially issued the Domestic Money Transfer Directions, 2026, to harmonize existing regulations and support small-value transfers for people lacking standard identity proofs such as migrant workers, establishing that walk-in customers can deposit cash at bank branches to transfer up to Rs 50,000 to a beneficiary's account via NEFT under norms operational from Wednesday, while banks are also granted permission to allow fund transfers up to Rs 5,000 per transaction with a Rs 25,000 monthly cap per remitter through Business Correspondents and ATMs, alongside providing cash pay-out services for delivering cash from customer accounts to recipients lacking…

12 Nov

Tata Motors partners with Turno to offer customised financing and 25% buyback assurance for electric CVs

Business BureauBusiness

Tata Motors has partnered with Finzo EV Solutions Pvt. Ltd. (Turno), an electric vehicle battery intelligence and lifecycle management company, to make electric small commercial vehicles and pickups (e-SCVPUs) more accessible through customised financing and assured resale value. Under a memorandum of understanding (MoU) signed in Mumbai on November 11, 2026, customers purchasing Tata Motors' electric commercial vehicles will have access to quick loan disbursements, flexible repayment plans and a 25 per cent assured buyback guarantee. The partnership aims to reduce financial barriers and provide greater certainty over vehicle ownership and resale. Varun Nair, Director of Turno, said the collaboration…