Equity indices close lower on profit booking, Dr Reddy's up 10 pc

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

National Stock Exchange of India Limited on Thursday concluded the process for the selection of merchant bankers, law firms and other intermediaries for its proposed Initial Public Offering (IPO).

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

New Delhi [India], March 12: In today's digital economy, enterprises depend heavily on uninterrupted technology infrastructure. As global SaaS platforms and OEM technology providers expand across markets, maintaining reliable customer and technical support has become a growing challenge. Companies are no longer looking for basic call center services but for specialized partners who can manage complex IT environments while maintaining speed, quality and brand consistency.

Accra [Ghana] / Mumbai (Maharashtra) [India], March 12: Dr. Rasha Kelej, CEO of Merck Foundation, has been recognized among the "100 Most Impactful Voices 2026" by ABCD Africa, a prestigious recognition celebrating influential women of African descent who are using their platforms to inspire change, amplify important social conversations, and drive meaningful impact across communities. The list features prominent women leaders and changemakers from 54 African countries and also includes the President of Tanzania. The list came out on the occasion of International Women's Day 2026.

Kuala Lumpur [Malaysia], March 12: As a strategic move to refresh and strengthen its core vision, Hong Leong Islamic Bank ("HLB Islamic" or the "Bank") is transitioning to a refreshed consumer-facing brand identity, now known as HLB Islamic, and a strengthened core proposition that approaches financial services not as a series of siloed products and transactions, but as total wealth stewardship through a Shariah-principle-guided life-cycle approach known as Hayat @ HLB Islamic. This evolution is rooted in the Bank's new philosophy, 'Timeless Principles Guiding Tomorrow's Wealth', introduced during its 20th anniversary last December to signal a new chapter in wealth stewardship.

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.

The annual awards of the Maharana of Mewar Charitable Foundation (MMCF) represent one of India's enduring traditions of honouring individuals whose work embodies service, courage and dedication to society. The awards were instituted in 1980 by Bhagwat Singhji Mewar, the 75th Custodian of the House of Mewar. Conceived with the vision of recognising individuals who uphold the values associated with Mewar's legacy, the awards have grown over the decades into a respected platform celebrating contributions across culture, social service, governance, environmental stewardship and heritage preservation.

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.