ONGC to develop 1.75 MMT strategic petroleum reserve at Mangaluru

IANS | July 11, 2026 6:08 PM

New Delhi, July 11 (IANS) State-run Oil and Natural Gas Corporation (ONGC) has received in-principle approval from its Board of Directors to develop a 1.75 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) at Mangaluru as a project of national importance, in line with directives from the Ministry of Petroleum and Natural Gas (MoPNG).

SBI Funds Management flags AUM dependence, market volatility among key risks in IPO document

IANS | July 11, 2026 5:09 PM

New Delhi, July 11 (IANS) SBI Funds Management Ltd, whose Rs 11,693 crore initial public offering (IPO) opens on July 14, has dependence on assets under management (AUM), market volatility, concentration in a few mutual fund schemes, reliance on the SBI distribution network and regulatory changes among the key risks to its business, according to its Red Herring Prospectus (RHP).

ED attaches fresh properties worth Rs 1,021 crore in Reliance Anil Ambani Group cases

IANS | July 11, 2026 4:22 PM

New Delhi, July 11 (IANS) The Enforcement Directorate (ED) on Saturday said it has attached fresh properties worth Rs 1,021 crore in the Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL) case, taking total attachments in the Reliance Anil Ambani Group cases to Rs 20,367 crore under the provisions of PMLA.

EPFO restores passbook portal with strengthened security

IANS | July 11, 2026 4:10 PM

New Delhi, July 11 (IANS) The Employees’ Provident Fund Organisation (EPFO) has restored its passbook portal after completing scheduled maintenance, allowing members to access their provident fund statements again.