RBI Issues Draft Circular to Allow Higher Bank Loans for Company Acquisitions

RBI

Mumbai, October 25 (Udaipur Kiran): The Reserve Bank of India (RBI) on Friday issued a draft circular proposing to increase the amount banks can lend to Indian companies for acquiring full or controlling stakes in domestic or foreign firms. The new framework is proposed to come into effect from April 1, 2026. According to the … Read more

Silver Prices Continue to Slide; Chennai Sees ₹27,000 Drop from Peak

Silver Prices

New Delhi, October 22 (Udaipur Kiran): After a record-breaking rally ahead of Dhanteras and Diwali, silver prices across India have entered a sharp correction phase. Over the past few days, the precious metal has seen an average decline of more than ₹20,000 per kilogram, with major bullion markets reporting steep losses. In Delhi, silver prices … Read more

Vodafone Idea Launches New ₹1149 Prepaid Plan with 180-Day Validity

Vi ₹1149 Plan

New Delhi, October 21 (Udaipur Kiran): Telecom operator Vodafone Idea (Vi) has introduced a new 180-day prepaid plan priced at ₹1149, aimed at users seeking long-term service validity with essential calling and messaging benefits. The plan is designed primarily for customers who focus on voice connectivity rather than heavy data usage. Vi ₹1149 Plan: Key … Read more

Sky Gold and Diamonds Surges 7% as Subsidiary to Acquire Majority Stake in Shri Rishab Gold

Sky Gold

Mumbai, October 20 (Udaipur Kiran): Shares of Sky Gold and Diamonds Ltd soared over 7% in Monday’s trade after the company announced that its wholly owned subsidiary, Starmangalsutra, has entered into a non-binding term sheet to acquire a majority stake in Shri Rishab Gold, a well-known Mumbai-based jewellery firm. The stock is currently trading at … Read more

IDBI Bank Jumps as Q2 Consolidated Net Profit Rises 74% Year-on-Year

IDBI Bank

Mumbai, October 20 (Udaipur Kiran): Shares of IDBI Bank Ltd surged in Monday’s trade after the lender reported a strong 74% year-on-year rise in consolidated net profit for the second quarter of FY26. The impressive performance was supported by higher income and improved asset quality. The stock is currently trading at ₹93.96, up 2.38% or … Read more

VMS TMT Rises After Securing Over 10,000 MT Orders During Diwali Period

VMS TMT

New Delhi, October 20 (Udaipur Kiran): Shares of VMS TMT Ltd edged higher after the company announced that it has received cumulative orders exceeding 10,000 metric tonnes (MT) from its distributors during the Diwali period. The orders, secured across its well-established network of distributors and dealers, mark a significant festive milestone and highlight the strong … Read more

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