BSE Clearing Brings 3-Day SLB Contracts, Giving Short-Term Securities Lending a Boost

Mumbai, Aug 17: BSE Clearing has introduced three-working-day contracts under its Securities Lending and Borrowing (SLB) segment, giving investors and traders a simpler and more flexible way to manage short-term securities requirements.  Pic Credit: Pexel Under the new arrangement, when securities are borrowed, the initial transaction will be completed on…

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Voltas Appoints Karan Sehgal as Head – Sales, Unitary Products Business

Mumbai, Aug17: Voltas Limited, a Tata Enterprise, has appointed Karan Sehgal as Head – Sales, Unitary Products Business Group. Sehgal joined Voltas on August 3, 2026, and will assume responsibility for the Sales function of the Unitary Products Business effective October 1, 2026. In his new role, Sehgal will lead sales across Voltas’ Unitary Products portfolio, encompassing Room Air Conditioners, Voltas Beko consumer appliances, Home Comfort Products and Commercial Refrigeration. His mandate will focus on accelerating business growth, strengthening distribution and channel partnerships, expanding…

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Paramotor Digital Technology Partners with NSDL Payments Bank

Mumbai, Aug 17: Paramotor Digital Technology Limited, a financial technology company focused on consumer spend management, rewards, loyalty platform and digital gifting, today announced a co-branded partnership agreement with NSDL Payments Bank Limited. The agreement will enable the issuance of co-branded prepaid cards across India and is expected to strengthen Paramotor’s…

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Stree Shakti – Free travel facility for women in RTC services completes one year

Mumbai, Aug 17: The ‘Stree Shakti’ scheme has given a new meaning to women’s economic empowerment by providing free bus travel to women and reducing the burden of daily travel expenses completing one year on August 15. It has received an overwhelming response from women, with an average of 24 lakh women travelling every day. Since its launch, women from various sections have made 87 crore journeys under…

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