PNB reports RBI about ₹2,434 crore borrowal fraud linked to SREI’s erstwhile promoters

Punjab National Bank has informed the Reserve Bank of India (RBI) regarding a borrowal fraud of around ₹2,434 crore linked to former promoters of SREI Equipment Finance Ltd and SREI Infrastructure Finance Ltd, the lending giant informed the exchanges on Friday, 26 December 2025. These companies were successfully resolved under the Corporate Insolvency Resolution Process…

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Govt set to exhaust ₹857-crore subsidy for bigger electric 3-wheelers three months early

Despite these giant strides, there’s plenty left to do, he said, as deep penetration of zero-emission, battery-operated vehicles remains limited to three-wheelers. Scaling EV adoption beyond early-mover segments remains the central challenge, Bhatt added. “To sustain momentum, India must bring down upfront vehicle costs, particularly in the two-wheeler and passenger vehicle segments,” he said. Source…

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India sets 2026 health agenda: Drug quality, innovation, TB and obesity take centre stage

“Smaller manufacturers will need to invest in upgraded facilities… Yet, these changes are necessary to reduce operational risks, minimize recalls and ensure consistent product quality,” said Parag Bhatia, director of Laborate Pharmaceuticals, a maker of generic medicines in Panipat, Haryana. The concern remains, however, whether the large number of small units in India have the…

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