Central Bank of India has secured a 25.18% stake in Future Generali India Life Insurance Company Limited (FGILICL) for Rs 57 crore, marking a significant move into the insurance sector. The acquisition, part of the insolvency resolution process, involves the purchase of 65,43,80,439 shares of FGILICL. This investment is expected to strengthen the bank's portfolio and expand its business footprint. FGILICL, with a gross written premium of Rs 1,810.53 crore in FY24, offers a range of insurance products including term, health, and retirement plans.

Veteran Bollywood actor Jeetendra Kapoor and his family-owned companies, Pantheon Buildcon Pvt Ltd and Tusshar Infra Developers Pvt Ltd, have completed a significant real estate transaction in Andheri, Mumbai. The sale involved two land parcels totaling 9,664.68 square meters (2.39 acres) along with built-up structures, fetching a total of Rs 855 crore. The buyer, NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd (formerly known as Netmagic IT Services Pvt Ltd), acquired the property to expand its operations.

Union Agriculture Minister Shivraj Singh Chouhan, during his recent visit to Patiala, urged farmers to embrace crop diversification as a strategic move to enhance profitability while conserving water. Emphasizing the importance of sustainable agriculture practices, he highlighted the success of the Direct Seeding of Rice (DSR) technique. Additionally, Chouhan discussed the Centre’s stance on the Indus Waters Treaty following recent geopolitical tensions, stating that water from the Indus, Jhelum, and Chenab rivers would now be redirected to benefit Punjab, Haryana, and Rajasthan.

Balasore Alloys Ltd, a prominent ferroalloy manufacturer, has made a remarkable turnaround in its financial performance, reporting a net profit of Rs 54.07 crore for the fiscal year 2024-25, following a loss of Rs 46.19 crore the previous year. Despite a slight dip in total sales, which amounted to Rs 1,010 crore in FY25 compared to Rs 1,200 crore in FY24, the company attributes its profitability to strategic recalibration and operational improvements.

TVS Motor Company, a global player in the two-wheeler and three-wheeler industry, is undergoing a significant leadership change. Sudarshan Venu has been appointed as the new Chairman and Managing Director, effective August 25, 2025, taking over from the current chairman, Ralf Speth. This leadership transition marks the next phase in the company’s journey of innovation, global expansion, and market dominance. Venu’s appointment signals a new direction for the company, building upon the legacy of Speth’s leadership.

In a move to streamline communication between issuers of listed non-convertible debt securities and their investors, India's securities regulator, SEBI, has announced a limited relaxation of regulations regarding the physical distribution of financial documents. The new directive, effective from October 2024, exempts issuers from sending hard copies of financial statements to investors who have not registered their email addresses. This change aligns with the Ministry of Corporate Affairs' decision to extend similar relaxations until September 2025.

Steel Authority of India Ltd. (SAIL), the country's largest steel producer, has made significant strides in reducing its debt, bringing it down by Rs 750 crore in the past year. With a current debt of approximately Rs 26,800 crore, SAIL is committed to further debt reduction while focusing on substantial capital expenditure (capex) to drive future growth. The company aims to scale its installed steel capacity from 20 million tonnes per annum (MTPA) to 35 MTPA by 2030.

ICL Fincorp Ltd, a prominent non-banking financial company (NBFC) based in South India, has announced plans to open 50 new branches across West Bengal as part of its strategic expansion into the eastern region. The company, known for its focus on gold loans, inaugurated its first branch in Kolkata's Chinar Park. This expansion initiative will also see ICL Fincorp extend its footprint to Jharkhand and Bihar later this financial year.

According to the latest 'Roti Rice Rate' report by Crisil, home-cooked meal prices have seen a slight decline due to lower vegetable costs. The report reveals that the price of a vegetarian thali fell marginally, while non-vegetarian thalis saw a more significant drop in May 2025 compared to April 2025 and the same period last year. The decrease is largely attributed to a sharp fall in vegetable prices, particularly tomatoes, onions, and potatoes, as well as a drop in broiler prices. However, certain costs like vegetable oil and LPG saw a rise, partially offsetting the overall decline.

Indian Hotels Company Ltd (IHCL), one of India's premier hospitality brands, has announced the signing of a brownfield project to develop a 65-key Gateway hotel in McLeodganj, Himachal Pradesh. In partnership with Mcleo Times Square, this new venture marks an important step in IHCL's strategy to enhance its presence in the state's top leisure destinations. The project is set to cater to the growing influx of both domestic and international tourists visiting the culturally rich McLeodganj.