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PB Fintech’s subsidiary PB Pay receives RBI’s in-principle nod to operate as Online Payment Aggregator

1 week ago | businessupturn.com | Aditya Bhagchandani

PB Fintech Limited, the parent company of Policybazaar, announced on April 15, 2025, that its wholly owned subsidiary PB Pay Private Limited has secured an in-principle authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. The approval was granted under the Payment and Settlement Systems Act, 2007, as per the RBI’s letter dated April 15, 2025.
Gensol Engineering shares in focus on April 16 after SEBI bars promoters, orders forensic audit amid fund diversion probe

1 week ago | businessupturn.com | Aditya Bhagchandani

Gensol Engineering is set to be in sharp focus on April 16, 2025, after the Securities and Exchange Board of India (SEBI) issued a stinging interim order against the company and its promoters, citing serious allegations of fund diversion and fraud.
Stock in Focus: IndusInd Bank flags Rs 1,979 crore derivative discrepancy; adverse impact pegged at 2.27% of net worth

1 week ago | businessupturn.com | Aditya Bhagchandani

IndusInd Bank has disclosed a significant financial impact stemming from discrepancies identified in its derivative portfolio, amounting to a negative hit of Rs 1,979 crore. The issue, originally flagged during an internal review in March 2025, has now been independently confirmed by an external agency report dated April 15, 2025.
Adani Total Gas faces profitability risk as APM allocation cut by 15%, replaced with higher-priced New Well Gas

1 week ago | businessupturn.com | Aditya Bhagchandani

Adani Total Gas Limited informed the stock exchanges on April 15, 2025, that it has received communication from GAIL (India) Ltd, the nodal agency, about a 15% reduction in its allocation of APM (Administered Price Mechanism) gas. The cut will take effect from April 16, 2025. As per the regulatory filing, the reduced APM gas volume will be replaced by New Well Gas (NWG), which comes at a significantly higher price. The company has cautioned that this change will adversely impact its profitability.
KKR captain Ajinkya Rahane takes full blame after shocking loss to PBKS in IPL’s lowest successful run-chase defence

1 week ago | businessupturn.com | Aditya Bhagchandani

Kolkata Knight Riders captain Ajinkya Rahane didn’t mince his words after his side crumbled to a stunning 16-run defeat against Punjab Kings in Mullanpur — a match that saw PBKS defend the lowest total in IPL history. Speaking at the post-match presentation, Rahane admitted the batting unit faltered badly and took personal responsibility for his LBW dismissal, which became a pivotal moment in the second innings. “Nothing to explain, we all saw what happened there.
PBKS vs KKR: Chahal breaks records with 4-wicket haul vs KKR, sets new IPL benchmark

1 week ago | businessupturn.com | Aditya Bhagchandani

Yuzvendra Chahal produced a sensational spell for Punjab Kings on Monday night, registering figures of 4/28 to not only dismantle Kolkata Knight Riders’ batting line-up but also etch his name deeper into IPL record books. With this performance, Chahal now holds the joint-most 4-plus wicket hauls in IPL history, matching Sunil Narine’s tally of 8. The leg-spinner also surpassed Lasith Malinga (7), Kagiso Rabada (6), and Amit Mishra (5) on the all-time list.
IPL 2025: List of lowest totals ever defended in IPL history

1 week ago | businessupturn.com | Aditya Bhagchandani

Punjab Kings (PBKS) pulled off a miraculous win against Kolkata Knight Riders (KKR) by 16 runs at Mullanpur, defending just 111 runs — the lowest total ever defended in IPL history in a completed match. After being bowled out for 111 in just 15.3 overs, PBKS needed something special. And their bowlers delivered. Marco Jansen, Yuzvendra Chahal, Arshdeep Singh, and Glenn Maxwell ripped through KKR’s batting lineup, bowling them out for 95 in 15.1 overs despite a late scare from Andre Russell.
IPL 2025: PBKS defend lowest total in IPL history as KKR collapse

1 week ago | businessupturn.com | Aditya Bhagchandani

In a sensational low-scoring thriller at the Maharaja Yadavindra Singh International Cricket Stadium, Mullanpur, Punjab Kings (PBKS) stunned Kolkata Knight Riders (KKR) by 16 runs, defending the lowest total ever in IPL history — just 111 runs. KKR, chasing 112, collapsed spectacularly to be bowled out for 95 in 15.1 overs despite a late fight from Andre Russell. PBKS’ bowlers turned the game on its head with relentless pressure after the powerplay.
IPL 2025 PBKS vs KKR: Why was Anrich Nortje asked to change bat - Explained

1 week ago | businessupturn.com | Aditya Bhagchandani

Drama unfolded at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur as Anrich Nortje walked in as the No. 11 batter for Kolkata Knight Riders, only to be stopped immediately for a bat check violation. The umpires asked him to change his bat as the initial one didn’t conform to cricket regulations. The moment added to the already intense atmosphere of the match, with KKR nine wickets down and needing 17 runs off 36 balls.
IPL 2025: Andre Russell smashes 17 off Chahal's final over to turn the game as KKR survive 8-wicket scare

1 week ago | businessupturn.com | Aditya Bhagchandani

Under immense pressure with Kolkata Knight Riders reduced to 79/8 in the 13th over chasing 112, Andre Russell delivered a power-packed counterattack, smashing 17 runs off Yuzvendra Chahal’s final over to swing momentum back in KKR’s favour. Russell’s blistering knock in the 14th over, which included two towering sixes and a fierce four, changed the course of the match, leaving KKR needing just 17 off the remaining 36 balls.