ICICI Bank is set to acquire a 5% stake in National Asset Reconstruction Company Limited (NARCL) for a total cash consideration of up to Rs 137.5 crore in tranches.
The Indian Air Force has decided not to deploy its combat jets in a multilateral air exercise in the UK next month in view of the situation arising out of the crisis in Ukraine.
USA, with 39% share, retained its standing as the world's largest arms exporters during 2017-21. Russia (19%), France (11%), China (4.6%) and Germany (4.5%) were among the top 5 largest exporters respectively.
Bajaj Allianz General Insurance has extended the tenure of its current managing director & chief executive officer (MD & CEO) Tapan Singhel for another five years.
EXAMIANS