Biocon initiates 'Ek Prayaas' nationwide awareness program on Hepatitis C

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.

New Delhi [India], March 11: Together as Medsoria, the joint venture will increase production capabilities with a new 70,000 square feet (6,500 square meters) U.S. FDA-compliant facility and engender future collaboration on developing new product lines. With the recent reporting of a trade deal between the India and U.S. to reduce tariffs and promote improved trade relations between the two countries, the joint venture could not arrive at a better time.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

Tirunelveli (Tamil Nadu) [India], March 10: Marking a significant medical milestone and a first in South Tamil Nadu, Kauvery Hospital has successfully treated a 51-year-old woman with severe symptomatic uterine fibroids using a minimally invasive procedure known as Bilateral Uterine Artery Embolisation (UAE). This advanced treatment enabled preservation of the uterus while ensuring rapid recovery. The patient was discharged within 24 hours, and at her seven-day follow-up, imaging confirmed complete absence of blood flow to the fibroid, with no pain and no per vaginal bleeding.

Singapore, March 9: Visa (NYSE: V) today announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions that process payments for merchants) to modernise their payment processing through a single API connection, helping eliminate the need for expensive, time-consuming infrastructure rebuilds.

Barcelona [Spain], March 5: ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, and Turk Telekom have jointly completed the world's first C+L (12 THz) full-band integrated 1.6Tbps live network trial in Istanbul. The trial has significantly boosted system capacity, reduced spare part types, and enabled ultra-high-speed 400GE/800GE service transmission, laying a solid foundation for Turkiye to develop ultra-broadband and intelligent all-optical networks, thereby elevating the digital economy level of Turkiye and even Eurasia.

Mumbai (Maharashtra) [India], March 4: In a moment that captures a spirit of trust, gratitude, and shared progress, Godrej Properties has gifted a free home to the Naina family, residents of Nerul, Navi Mumbai, to celebrate having sold 1,00,000 homes.

As many as 78 per cent of the urban population tested were found to be exposed to pesticide residues, posing serious health risks, according to a latest study by Bengaluru-based gut health startup MicrobioTx.

Mumbai (Maharashtra) [India], February 28: Love is powerful. Love is fearless. Love is Rubaroo. The recently unveiled promo of the song has already set hearts racing, heightening anticipation for this timeless romance. With an undeniable emotional pull and raw intensity, Adivi Sesh and Mrunal Thakur bring to life a love story that lingers long after the music fades. Before he became a dacoit, he was a lover, and this is where it all began.

The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported moderate growth.