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JSW Steel acquires Bhushan Power and Steel which is approved by Supreme Court

Oct 06, 2025

The Verdict

  • JSW Steel has obtained its ultimate clearance for the acquisition of Bhushan power and steel ltd (BPSL) in a bid valued at 2.3 billion (Rs.19,350 crore).
  • This decision overturns the previous deliberation of the court on the liquidation of the company with heavy debt.

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Axis Bank also introduced the first UPI-backed gold-secured credit line in India

Oct 06, 2025

1. Core Product

  • Axis Bank in collaboration with Freecharge has introduced the first gold-based credit line in the country that could be accessed through UPI.
  • It is intended to be sold to MSMEs, self-employed people, and merchants.

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Equal AI The First Multilingual AI Call Assistant in India

Oct 06, 2025

Product Overview

  • Product: The first AI Call Assistant in India which can manage unknown calls.
  • Major Innovation: No longer passive caller ID and spam detection and actively answers calls.
  • Multilingual Support: Versatility in English, Hindi and Hinglish, to serve and fulfill a large number of users.

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SBI Dominant Debit Card HDFC Leader in credit cards Aug 2025

Oct 06, 2025

1. Market Leadership

  • The State Bank of India (SBI) is the leader in the debit card markets with a share of 24 percent as of August 2025.

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Dr. G G Parikh 1924-2025

Oct 06, 2025

Key Details of His Passing

  • Time: 7:30 pm -10 pm
  • |Place (subject to change): LIC, New Delhi and on-line platforms like Zoom and Skype.
  • Place: Mumbai
  • Age: 100
  • Honorific: Mostly exalted as the Saint of the Socialists due to his extreme moral fortitude, unpretentiousness, and adherence to his ideals.

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