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Business

Kotak Mahindra Prime names Suraj Rajappan as CEO with incumbent set to superannuate

IANS | March 30, 2026 12:44 PM

New Delhi, March 30 (IANS) Vehicle finance company Kotak Mahindra Prime Limited (KMPL) on Monday announced that its Board of Directors has appointed Suraj Rajappan as Managing Director & Chief Executive Officer for a three‑year term effective, June 1, 2026, subject to approval of members.

IndiGo to operate non-stop regular Kolkata–Shanghai services

IANS | March 30, 2026 12:38 PM

New Delhi, March 30 (IANS) India's largest airline firm, IndiGo, on Monday announced the launch of its daily non-stop service between Kolkata and Shanghai, further strengthening air connectivity between India and China.

Indian CEOs’ median pay rises 5 pc to Rs 10.5 crore in FY26: Report

IANS | March 30, 2026 11:58 AM

New Delhi, March 30 (IANS) Median compensation for professional chief executives in India rose 5 per cent year‑on‑year to about Rs 10.5 crore in FY26, marking the slowest pace of growth since the COVID‑19 pandemic period, a new report has said.

Black Box completes preferential issue, receives Rs 386 crore from warrant conversion

IANS | March 30, 2026 11:40 AM

Mumbai, March 30 (IANS) Black Box Limited (BSE: 500463 | NSE: BBOX), a leading global digital infrastructure solutions provider, on Monday announced the successful receipt of Rs 386.36 crore pursuant to the conversion of warrants issued on September 27, 2024.

Centre okays Berth redevelopment at New Mangalore Port to boost maritime efficiency

IANS | March 30, 2026 11:32 AM

New Delhi, March 30 (IANS) The government has approved the proposal of New Mangalore Port Authority (NMPA) for the redevelopment of Berth No. 9 for handling liquid bulk cargo on a Public-Private Partnership (PPP) basis under the DBFOT model, it was announced on Monday.

Banking stocks dip as RBI measures weigh on sentiment; Bank Nifty slips over 2 pc

IANS | March 30, 2026 11:27 AM

Mumbai, March 30 (IANS) Banking stocks came under heavy selling pressure on Monday, with the Bank Nifty index falling over 2 per cent in the early trade, as the Reserve Bank of India’s (RBI) recent measures aimed at supporting the rupee came into effect.

Gold, silver prices fall up to 2 pc amid weak global cues

IANS | March 30, 2026 10:37 AM

New Delhi, March 30 (IANS) Gold and silver prices witnessed sharp losses on Monday, tracking declines in global bullion markets amid fading hopes of a US Federal Reserve rate cut and rising inflation concerns.

Crude oil prices jump over 3 pc, nears 52-week high

IANS | March 30, 2026 10:03 AM

New Delhi, March 30 (IANS) Global oil prices surged sharply on Monday amid escalating tensions in West Asia, following the entry of Yemen’s Iran-backed Houthi group into the conflict.

Rupee opens 1 pc higher against US dollar on RBI measures

IANS | March 30, 2026 9:46 AM

New Delhi, March 30 (IANS) The Indian rupee opened higher by 1.3 per cent to reach 93.59 per US dollar on Monday over the Reserve Bank of India’s (RBI) restrictions on onshore position limits.

Indian stock markets tumble over 1 pc as West Asia tensions escalate

IANS | March 30, 2026 9:28 AM

Mumbai, March 30 (IANS) Domestic benchmark indices opened sharply lower on Monday, declining over 1 per cent each amid escalating tensions in West Asia, which entered the fifth week.

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