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Visa reform: Govt streamlines e-visa process for foreign professionals needed by Indian firms; DPIIT launches digital module
The government has simplified the visa process for Indian companies to bring in foreign technical experts for production-related activities. A new online module allows digital generation of sponsorship letters for the e-Production Investment Business Visa (e-B-4 Visa), significantly reducing processing time and easing business operations for both PLI and non-PLI firms.
Titagarh Rail wins ₹273-crore Indian Railways order for 62 maintenance vehicles
The RBMV is a specialised, self-propelled on-track maintenance machine engineered to facilitate inspection, maintenance, and restoration of railway infrastructure. Shares of Titagarh Rail Systems Ltd ended at ₹774.55, down by ₹15.25, or 1.93%, on the BSE today, December 17.
PSU Bank IOB shares tumble 4% as OFS priced at 7% discount opens
Indian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to divest up to 3% stake, with retail investors able to bid from December 18. The OFS floor price is Rs 34, valuing the offer at over Rs 1,964 crore.
Patanjali Foods targets 10–12% growth in home and personal care, 6–8% in foods business
Sanjeev Asthana, CEO of Patanjali Foods, reiterated the company’s long-term goal of achieving ₹50,000 crore in revenue and ₹5,000 crore in EBITDA over the next three to four years.
AIIEA terms Insurance Amendment Bill as ‘irrational’
Rajeev Sehgal, president of the AIIEA’s northern zone insurance employees association, said a large number of private insurance companies with foreign partners have been operating in both the life and non-life insurance industry
Govt weighs ₹5,000 crore capital infusion for three PSU insurers as losses return
After a brief profit uptick in FY25 failed to repair balance sheets, the Centre is revisiting a capital plan to shore up solvency and pave the way for consolidation or sale of state-owned general insurers.
Will localise EV components in next few years: Maruti Suzuki
Maruti Suzuki India Senior Executive Officer Partho Banerjee announced plans for 1,500 EV-enabled workshops across 1,100 cities and 100,000 charging stations by 2030, targeting growth in a market still dominated by ICE.
DCM Shriram, Bayer CropScience to collaborate on sustainable agri solutions
The MoU establishes a strategic framework for collaboration across areas such as agri inputs, digital advisory, sustainable farming practices, and value chain strengthening. Shares of DCM Shriram Ltd ended at ₹1,209.80, down by ₹14.90, or 1.22%, on the BSE today, December 10.
Indigo crisis: Railways announces 89 special trains
Nasscom Foundation, IBM to train 87,000 underserved youth with future-ready digital skills
Nasscom Foundation has partnered with IBM to upskill over 87,000 marginalised youth across India through the IBM SkillsBuild programme. The initiative will offer free training in AI, cybersecurity, cloud, data analytics and professional skills, supported by mentorship and hands-on learning.
How this IIM Calcutta programme prepares you for what’s next in supply chain management
Here’s why the Advanced Programme in Supply Chain Management (APSCM) by IIM Calcutta is ideal for professionals navigating the complexity of global and regional supply chains—across sectors such as manufacturing, retail, services, and infrastructure.