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Fresh Bus

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

9 Stories Indexed
Last Updated: Just Now
Verified Entity Intelligence
Startups & Venture Capital Just now (02:02 AM IST)

Fresh Bus FY26 Revenue More Than Doubles to โ‚น63.5 Crore as Losses Widen 33%

Ixigo-backed intercity bus operator Fresh Bus reported a 2.4-fold jump in operating revenue to โ‚น63.5 crore in FY26, underscoring rapid scale-up in Indiaโ€™s long-distance mobility market. However, the companyโ€™s net loss widened 33% year-on-year, highlighting the continued cost pressure that accompanies aggressive fleet expansion and route-building in a capital-intensive sector.

By RDU Global Wire5 min read
Real Estate & Construction4h ago

Five Arrested in Krishna District for Fake Land Documents and Fraudulent Sales

Police in Krishna district have arrested a five-member gang accused of fabricating registration records and selling vacant lands without the knowledge of the original owners. Investigators say the group targeted vulnerable property holders, including senior citizens, bedridden patients and NRIs, and used forged death certificates and impersonation to execute the fraud.

4 min readRead โ†’
Real Estate & Construction8h ago

India Regulator Orders Action Over Omaxe's Minimum Public Shareholding Non-Compliance

India's enforcement machinery has issued an order in the matter of non-compliance with minimum public shareholding norms at Omaxe Limited, bringing renewed scrutiny to the real estate company's ownership structure and regulatory obligations. The development underscores the continuing pressure on listed firms to meet public float requirements designed to protect market transparency and investor access.

4 min readRead โ†’
National Governance & Policy10h ago

India Issues Remittance Order Against Nayan Mahendrabhai Thakkar in DU Digital Trading Case

Indian authorities have issued a remittance order dated September 24, 2026 under Recovery Certificate No. 9205 of 2026 against Nayan Mahendrabhai Thakkar in connection with trading activities involving certain entities in the scrip of DU Digital Technologies Limited, now known as DU Digital Global Limited. The order marks a fresh enforcement step in a market-related recovery proceeding tied to alleged irregularities in the company's stock trading history.

5 min readRead โ†’
National Governance & Policy2h ago

Ride-Hailing Coercion Allegations Rock Gujarat as Bharat Taxi Faces Scrutiny

Passengers and drivers in Ahmedabad and Gandhinagar have alleged that groups of men stopped ride-hailing vehicles and pressured riders to cancel Uber and Rapido trips in favour of Bharat Taxi, India's government-backed platform. The allegations, which remain independently unverified, have raised fresh questions about competition, driver livelihoods and passenger safety in one of the country's busiest urban mobility markets.

6 min readRead โ†’
Startups & Venture Capital2h ago

Aequs to Raise Rs 650 Crore in Promoter-Backed Preferential Issue to Fund Manufacturing Expansion

Aequs' board has approved a preferential issue of warrants worth up to Rs 650 crore to promoter group entity Mellwood Trustee Services Pvt Ltd, with the proceeds earmarked for capacity expansion across aerospace and consumer businesses. The capital infusion is intended to support the company's Hosur facility, investments in subsidiaries and joint ventures, and broader growth plans through FY28.

5 min readRead โ†’
Startups & Venture Capital2h ago

Indian Startups Post Strong FY26 Revenue Growth as Profitability Broadens, but Losses Still Bite

India's startup ecosystem entered FY26 with clearer signs of maturity, as more new-age tech companies turned profitable and overall operating revenue surged 44.25% year-on-year to Rs 3.22 lakh crore. Yet the gains were uneven: while 65 of 97 tracked startups reported profits, 32 companies still posted a combined loss of Rs 21,426.8 crore, showing that the path to durable profitability remains incomplete.

6 min readRead โ†’
Banking, Fintech & Insurance2h ago

Insurtech Rout Wipes $3.6 Billion Off India's New-Age Tech Stocks as Commission Cap Fears Jolt Investors

India's listed new-age technology companies lost a combined $3.6 billion in market value this week as a steep sell-off in insurtech names, led by PB Fintech and Turtlemint, overshadowed gains in select SaaS, mobility and logistics counters. The decline came as investors weighed the likely impact of the insurance regulator's proposed commission caps, even as IPO activity remained active with Moneyview, AceVector and Spinny advancing public market plans.

7 min readRead โ†’

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