Money Times Talk (MTTs) – 14/03/2025

  • Kalpataru Projects International step-down subsidiary Fasttel Engenharia filed for judicial reorganisation in Brazil to restructure debt while continuing operations; the firm is assessing financial exposure.
  • Dr Reddy’s Laboratories received closure of the U.S. DOJ FCPA investigation with no enforcement action, removing regulatory overhang on global operations.
  • Max Financial Services is evaluating amalgamation with Axis Max Life Insurance, which may enable listing or other value-unlocking options subject to regulatory approvals.
  • YES Bank appointed Vinay Muralidhar Tonse as MD & CEO (Designate), who will take charge on 6th April 2026 after a transition period.
  • Kore Digital engaged with the Indian Air Force for technology solutions in aircraft operations and ground support systems, with potential development orders expected.

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