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Canara Bank

Canara Bank ( ($IN:CANBK) ) has issued an announcement. Canara Bank has announced a senior management change in its Bengaluru operations, promoting...

A Rs 7.31 crore fraud was exposed at Canara Bank’s Jalna branch involving stolen gold loan ornaments replaced with fake jewellery. Two arrests were made, with staff and a gold appraiser accused of fraud, negligence, and conspiracy under investigation

A Rs 7.31 crore fraud was exposed at Canara Bank’s Jalna branch involving stolen gold loan ornaments replaced with fake jewellery. Two arrests were made, with staff and a gold appraiser accused of fraud, negligence, and conspiracy under investigation

CBI Arrests Two Executives of Reliance Communications in Rs.2,929 Crore Loan Fraud Case The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications (RCom), a company controlled by Anil Dhirubhai Ambani , in connection with an ongoing Rs2,929 crore loan fraud case linked to State Bank of India (SBI). The arrested individuals have been identified as Senior Executives D. Vishwanath and Anil Kalya. The action comes as part of a broader investigation initiated following a complaint filed by SBI on August 18, 2025. SBI is the lead bank in a consortium that extended loans to the company, which also includes Bank of India , Union Bank of India , Canara Bank , and IDBI Bank , among others. According to the CBI, the case is based on findings from a forensic audit report, which alleges large-scale diversion and misuse of loan funds between 2013 and 2017. Investigators claim that the borrowed funds were routed through various group entities instead of being used for their intended purposes.

CBI Arrests Two Executives of Reliance Communications in Rs.2,929 Crore Loan Fraud Case The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications (RCom), a company controlled by Anil Dhirubhai Ambani , in connection with an ongoing Rs2,929 crore loan fraud case linked to State Bank of India (SBI). The arrested individuals have been identified as Senior Executives D. Vishwanath and Anil Kalya. The action comes as part of a broader investigation initiated following a complaint filed by SBI on August 18, 2025. SBI is the lead bank in a consortium that extended loans to the company, which also includes Bank of India , Union Bank of India , Canara Bank , and IDBI Bank , among others. According to the CBI, the case is based on findings from a forensic audit report, which alleges large-scale diversion and misuse of loan funds between 2013 and 2017. Investigators claim that the borrowed funds were routed through various group entities instead of being used for their intended purposes.

Assam has emerged as one of India's leading states in rooftop solar adoption, with approximately 80,000 installations already completed across the state, placing it 8th in the country. The state is now within striking distance of Andhra Pradesh and Telangana, trailing them by just 7,000–8,000 installations, and could soon move up to 6th position nationally. This was disclosed by the Assam Power Distribution Company Limited (APDCL) at the 37th meeting of the State Advisory Committee (SAC) of the Assam Electricity Regulatory Commission (AERC), held in January 2026. Solar Boom Creating Financial Pressure on APDCL While the rapid expansion of rooftop solar is a significant achievement, it is also creating a financial challenge for the state's power distribution company. As more consumers generate their own solar power during daylight hours, they stop drawing electricity from the grid and instead inject surplus power back into it. However, during non-solar hours — when demand peaks — APDCL has to procure power at significantly higher costs.

Assam has emerged as one of India's leading states in rooftop solar adoption, with approximately 80,000 installations already completed across the state, placing it 8th in the country. The state is now within striking distance of Andhra Pradesh and Telangana, trailing them by just 7,000–8,000 installations, and could soon move up to 6th position nationally. This was disclosed by the Assam Power Distribution Company Limited (APDCL) at the 37th meeting of the State Advisory Committee (SAC) of the Assam Electricity Regulatory Commission (AERC), held in January 2026. Solar Boom Creating Financial Pressure on APDCL While the rapid expansion of rooftop solar is a significant achievement, it is also creating a financial challenge for the state's power distribution company. As more consumers generate their own solar power during daylight hours, they stop drawing electricity from the grid and instead inject surplus power back into it. However, during non-solar hours — when demand peaks — APDCL has to procure power at significantly higher costs.

In this briefing: India Loses Patients: The Geopolitical Stress Test for India's Medical Tourism Sector Bharat Forge: A Proxy to the CV Cycle, Built for the Long Game Primer: ICICI Bank Ltd (ICICIBC IN) - Apr 2026 TCS FY26: The Year the Dollar Revenue Growth Streak Broke Aequitas: Canara HSBC Life Insurance IPO Lockup - US$824m Lockup Expiry; Investors Well in The Money 1. India Loses Patients: The Geopolitical Stress Test for India's Medical Tourism Sector India's medical tourism sector faces a simultaneous shock: a 50–75% crash in West Asian patient volumes due to the Iran-Israel-US conflict. West Asia and Bangladesh together account for roughly 60%+ of India's inbound medical travelers. The dual disruption threatens near-term revenues at Fortis, Apollo, and KIMSHEALTH. India's structural advantages in cost and clinical depth remain intact, but concentration risk in source markets is no longer theoretical. 2. Bharat Forge: A Proxy to the CV Cycle, Built for the Long Game Bharat Forge's North American Class 8 truck orders surged 159% YoY in Feb-26, signalling a clear CV cycle inflection.

In this briefing: Bharat Forge: A Proxy to the CV Cycle, Built for the Long Game Primer: ICICI Bank Ltd (ICICIBC IN) - Apr 2026 TCS FY26: The Year the Dollar Revenue Growth Streak Broke Aequitas: Canara HSBC Life Insurance IPO Lockup - US$824m Lockup Expiry; Investors Well in The Money Pharma and Healthcare (Q4FY26E Results Preview): Steady revenue growth, margins pressure visible 1. Bharat Forge: A Proxy to the CV Cycle, Built for the Long Game Bharat Forge's North American Class 8 truck orders surged 159% YoY in Feb-26, signalling a clear CV cycle inflection. With ATAGS execution commencing in H2 FY27 and domestic CV demand buoyed by GST reform tailwinds, BharatForge enters a rare multi-engine growth phase spanning auto exports, defence, and aerospace simultaneously. FY27 earnings inflection story, backed by a visible INR 11,130 crore order book and a recovering global CV cycle, keeps the long-term thesis intact. 2. Primer: ICICI Bank Ltd (ICICIBC IN) - Apr 2026 Strong Growth Engine with Diversified Loan Portfolio: ICICI Bank has consistently demonstrated robust loan growth, outpacing the industry average.