Author: Legal Parivar

Suryoday Small Finance Bank Limited (NSE: SURYODAY) today released its Quarterly Business Update for the third quarter of fiscal 2025–26 (Q3 FY26), showing continued expansion in business volumes and stable asset quality on a year-over-year (YoY) and quarter-over-quarter (QoQ) basis. Loan and Deposit Growth Accelerates According to the update, the bank recorded strong growth in its loan book, with Gross Advances rising to ₹11,810 crore in Q3 FY26, up 23% YoY and 6% QoQ from ₹11,124 crore in Q2 FY26. Disbursements for the quarter jumped sharply to ₹2,698 crore, representing an 84% increase YoY and 11% QoQ. Suryoday also reported…

The United States on Saturday carried out a military strike on Venezuela and captured President Nicolás Maduro, who was subsequently taken out of the country, according to a statement by US President Donald Trump. Venezuela’s government said the attacks targeted the capital Caracas as well as the states of Miranda, Aragua, and La Guaira. Residents in Caracas reported hearing at least seven explosions, while low-flying aircraft were heard around 2 am local time. The strike follows long-standing US allegations that President Maduro has turned Venezuela into a “narco-state” and manipulated electoral processes. Maduro, who assumed power in 2013 following the…

Zomato CEO Deepinder Goyal has shared a detailed fact sheet outlining the average income of the company’s delivery partners, following a public exchange with popular YouTuber Dhruv Rathee on X (formerly Twitter). The disclosure comes after Rathee questioned Zomato’s pay practices and demanded greater transparency regarding gig workers’ earnings. In response, Goyal released data highlighting average hourly and monthly earnings of delivery partners, amid ongoing discussions on gig worker pay and working conditions. According to the fact sheet, the average earnings per hour (EPH) in 2025, excluding tips, for a Zomato delivery partner stood at ₹102, up from ₹92 in…

Adani Enterprises, is set to open its third Non-Convertible Debenture (NCD) issue next week, targeting ₹1,000 crore from public investors, according to an exchange filing. This follows a successful second NCD round in July 2025, where the company also raised ₹1,000 crore. “This third NCD issuance marks another step in our journey to broaden access to India’s capital markets and give retail investors a stake in long-term infrastructure growth,” said Jugeshinder ‘Robbie’ Singh, Group CFO of Adani Group. What Are Adani Enterprises NCDs? NCDs are debt instruments allowing companies to raise funds from the public by offering a fixed interest…

Smartphone components take centre stage in latest approvals The central government on Friday approved 22 projects worth ₹41,863 crore under the Electronics Components Manufacturing Scheme (ECMS), with mobile phone enclosures emerging as the largest investment focus. Tata Electronics, Motherson Group and Foxconn’s India arm Yuzhan Technology were among the key beneficiaries of the latest tranche. The approved projects are expected to generate production worth ₹2.58 lakh crore and create nearly 33,800 direct jobs, reinforcing India’s push to strengthen domestic electronics manufacturing. Mobile enclosures attract over ₹27,000 crore investment Mobile phone enclosures alone accounted for more than ₹27,000 crore of the…

India’s primary market pipeline continued to expand as eight companies received approval from the Securities and Exchange Board of India (SEBI) this week to proceed with their initial public offerings (IPOs). Among those cleared are Indira IVF, Rays of Belief, Tempsens Instruments and Jerai Fitness, alongside Chartered Speed, Glass Wall Systems (India), Shriram Food Industry and RKCPL. SEBI issued its observations on the draft offer documents across multiple dates. Indira IVF and Rays of Belief received observations on their pre-filed draft red herring prospectuses (DRHPs), submitted through SEBI’s confidential filing route, on December 30 and 31 respectively. Tempsens Instruments received…

The compensation and working conditions of gig workers in India have once again become a hot topic following a high-profile exchange on X (formerly Twitter) between Zomato CEO Deepinder Goyal and popular YouTuber Dhruv Rathee. The debate started when Goyal defended the current pay structure of gig workers, arguing that wages are dictated by market forces. He highlighted that competition between quick-commerce platforms is “brutal” and that, at present, the demand for delivery partners exceeds supply, pushing gig incomes higher than many entry-level formal jobs in India. “Everyone who has a job wants to get paid more. But the demand…

For years, marrying a US citizen was widely viewed as one of the most reliable paths to securing a Green Card. That assumption is increasingly outdated. Immigration lawyers now caution that marriage alone is no longer sufficient to obtain permanent residency in the United States. What matters most today is whether the marriage appears genuine in daily life. “Being in a relationship doesn’t get you a Green Card. Living together does,” said Brad Bernstein, a US immigration attorney with more than three decades of experience. Under US immigration law, spouses of American citizens are classified as “immediate relatives” and are…

National Thermal Power Corporation (NTPC) has confirmed that it is in discussions to acquire a minority stake in US-based nuclear fuel technology firm Clean Core Thorium Energy (CCTE), as the state-owned power producer accelerates its push into nuclear energy. Responding to a clarification sought by the BSE, NTPC said it routinely evaluates investment opportunities in both domestic and overseas markets. “In this context, the company is, inter alia, exploring a minority investment in Clean Core Thorium Energy,” the PSU stated. It added that any investment would be subject to due diligence and the necessary statutory and regulatory approvals. No further…

Gold and silver prices extended gains for a second consecutive session on Friday, driven by safe-haven demand amid rising geopolitical tensions and market expectations of further US Federal Reserve rate cuts. MCX Gold MCX Silver Other precious metals also saw strong gains, with platinum up 4.76% and palladium rising 3.7% on Friday. Record Gains for 2025 Despite a brief profit booking earlier this week due to CME margin hikes, 2025 remained a historic year for precious metals: Physical Demand and Dollar Impact Retail demand for gold surged in top hubs in India and China after a recent correction from all-time…