Checkered Flag: Today's Headlines At A Glance

Here are the top stories, including RBI and Kotak Mahindra Bank. Sreshti Srinivasan Updated On 10:16 PM IST, 20 Feb 2025

PhonePe Starts IPO Prep For India Listing

Walmart-owned PhonePe has started preparations in connection with its potential IPO and plans to list on Indian exchanges, according to a statement. Photo Credit: (NDTV Profit) [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Burman Family Acquires Control Of Religare Enterprises

The Burman Group has taken control of Religare Enterprises after a dispute with Rashmi Saluja and Danny Gaekwad. Photo Credit: (Source: X) [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

India Cancels $3 Billion Of Treasury Bill Sale Amid Tight Cash

India’s central bank did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Government Urges OTT Platforms to Address IT Law Violations

Amid controversy over Ranveer Allahbadia's comments on 'India's Got Latent,' the government has advised OTT platforms to adhere to legal norms and address regulation violations. Photo Credit: Pexels [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Kotak Mahindra Prime Appoints Veteran Shahrukh Todiwala As CEO

Kotak Mahindra Bank said that its unit Kotak Mahindra Prime Ltd. named Shahrukh Todiwala as its new managing director and chief executive officer. Photo Credit: Anirudh Saligrama/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Nifty And Sensex Ends Lower

The NSE Nifty 50 ended 19.75 points or 0.09% lower at 22,913.15, while the BSE Sensex closed 203.22 points or 0.27% down at 75,735.96. Photo Credit: NSE [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

NSDL Plans Rs 3,000-Crore IPO By April, Say Sources

NSDL plans to launch its Rs 3,000-crore initial public offering by April, according to people familiar with the matter. Photo Credit: Usplash [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

NCLT Admits Aviom India to Insolvency Initiated by RBI

NCLT on Thursday admitted Aviom India Housing Finance into insolvency, according to lawyers familiar with the matter. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Karnataka High Court Upholds Sales Tax on Set-Top Boxes

The Karnataka High Court has upheld the state's decision to levy sales tax on set-top boxes provided by direct-to-home network operators. Photo Credit: Envato [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More: