The Delhi high court granted bail to alleged middleman Christian Michel James in the Rs 3,600-crore AgustaWestland money laundering case on Tuesday. Justice Swarana Kanta Sharma, while granting the reprieve to James, said it was an "exceptional situation" where the accused was in custody for over 6.2 years but the trial had not yet commenced due to incomplete investigation. James, who was extradited from Dubai in December 2018, can now walk out of prison subject to compliance with the conditions.
Vidarbha made a grand entry into the Ranji Trophy semi-final after outclassing Tamil Nadu by 198 runs on Day 4.
The Union health ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district hospitals over the next three years.
It was a low weekend for Yudhra as Rs 8 crore (Rs 80 million) came in at the box office.
The Bharatiya Janata Party, which claims itself as the biggest political party in the world, has a whopping cash and bank balance of Rs 7,113.80 crore against the principal opposition Congress party's Rs 857.15 crore as on March 31, 2024, according to figures provided to the Election Commission.
'It may take some time for them to get down to the details, such as the location and capacity.'
The tickets for the opening day of the fourth Test of the between India and Australia at MCG have been sold out.
Budget carrier SpiceJet on Wednesday said it has amicably settled a $132-million dispute with aircraft leasing firm Babcock & Brown Aircraft Management (BBAM). The dispute, valued at $131.85 million (Rs 1,107 crore) with the lessors -- Horizon Aviation 1 Ltd, Horizon II Aviation 3 Ltd, and Horizon III Aviation 2 Ltd -- has been resolved for $22.5 million, SpiceJet said in a statement.
From the 30 blue-chip pack, Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, Tata Motors, Bajaj Finserv, Nestle and ICICI Bank were the biggest gainers. State Bank of India, Tata Steel, Adani Ports, Zomato, UltraTech Cement and HCL Tech were among the laggards.
The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.
Who do you think should be part of India's playing XI for their first Champions Trophy match against Bangladesh on Thursday?
Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
Fifteen companies have launched their initial public offerings (IPOs) in December 2024, making it the best month for public offerings since 1996. Collectively, they have raised Rs 25,425 crore, which also made December the best month in terms of the quantum of funds raised. In December 1996, 33 companies had raised Rs 931 crore.
Kapil Sibal says there is a need to look at IT differently and not just as a cash cow.
The Delhi assembly which held 74 sittings over its five-year term, met for an average of 15 days a year. On the days it met, the assembly sat for an average of three hours.
Total assets of the CM and his wife have gone up from 11.56 crore in 2019 to Rs 37.68 crore in 2023-24, a rise of 225 percent, the affidavit showed.
From the 30 Sensex pack, Mahindra & Mahindra, State Bank of India, Power Grid, Tata Steel, IndusInd Bank, Tata Motors, Larsen & Toubro, NTPC, Bajaj Finance and Reliance were among the biggest laggards.
Indian pharmaceutical companies have made major strides in adhering to stringent US Food and Drug Administration (USFDA) norms in 2024, with data suggesting a decline in the number of adverse classification outcomes of inspections across biologics, drugs, and devices. In 2023, the USFDA conducted 225 inspections, which led to 18 cases of Official Action Indicated (OAI) and 117 cases of Voluntary Action Indicated (VAI).
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies.
'That is the way this game goes, you have to be open and you have to be ready to learn.'
In a heartwarming gesture, Prime Minister Narendra Modi sat on the floor to accept a gift from Paralympic gold medallist Navdeep Singh.
Driven by smartphone, electronics exports have reached $22.5 billion in value in the first eight months of the current financial year (FY25), a near 28 per cent growth over the $17.66 billion electronics exports during the corresponding period of FY24.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
Sri Lanka's National People's Power of President Anura Kumara Dissanayake on Friday swept the parliamentary elections by winning a two-thirds majority, and also dominating the Jaffna electoral district -- the heartland of the nation's Tamil minority.
The COVID-19 case fatality rate has reduced from around 3.33 per cent in mid-June to 2.25 per cent.
Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Four members of a gang have been arrested for kidnapping actor Mushtaq Mohammad Khan from the Delhi airport and holding him hostage in Bijnor, Uttar Pradesh. The gang was also plotting to abduct veteran actor Shakti Kapoor on the pretext of inviting him to an event. The gang members were involved in abducting film stars by sending advance payments and air tickets under the guise of event invitations. Police recovered Rs 1.04 lakh from their possession and are investigating whether the gang was involved in the kidnapping of other film stars. In a related development, Arjun, one of the kidnappers involved in comedian Sunil Pal's abduction, was shot and injured during an encounter with police in Meerut. Arjun, who was arrested on Saturday, attempted to escape while being escorted for a medical checkup by snatching the pistol of a sub-inspector. The police team retaliated, and Arjun was shot and injured in the exchange of fire.
After taking action against 226,000 shell companies last year, the ministry of corporate affairs has now zeroed in on a fresh batch of suspected shell companies.
New supply of office space across seven major cities fell 4 per cent annually in the July-September quarter to 12.8 million square feet while gross leasing of prime workspace rose 17 per cent, according to Vestian. In its report released on Wednesday, real estate consultant Vestian said the fresh supply of office space in Hyderabad declined 25 per cent in the July-September quarter to 4.10 million square feet.
Aiming to garner over Rs 15,000 crore (Rs 150 billion) through the largest ever public offering in India, the government on Tuesday decided to price Coal India's IPO in the range of Rs 225-245 a share for divesting its 10 per cent stake.
The Supreme Court on Wednesday permitted the central government to provide a 22.5 per cent quota to the Scheduled Castes and Scheduled Tribes.
The Paralympians have also been feted by the government with sports minister Mandaviya handing out Rs 75 lakh to the gold-medallists, Rs 50 lakh to the silver winners and Rs 30 lakh to the athletes who bagged bronze in the Games.
In an apparent bid to scuttle the move to form Telangana, Congress Member of Parliament L Rajagopal on Sunday threatened to go on a hunger strike if a resolution favouring the separate state was not introduced in the Andhra Pradesh assembly, which, he claimed, will be opposed by 225 members of Andhra Pradesh assembly.
Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers' body FADA said on Monday. Overall retail sales rose to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24. Passenger vehicle retails increased 2.53 per cent to 920,047 units as against 897,361 units a year ago.
India A wicketkeeper-batter Ishan Kishan was embroiled in a ball-change controversy, facing accusations of 'inappropriate behaviour' during their seven-wicket defeat to Australia A.
A CBI court in Kerala sentenced 10 individuals to life imprisonment for the murder of two Youth Congress workers in 2019. Four others, including a former CPI(M) MLA, received five years in prison. The court found the accused guilty of murder and criminal conspiracy, citing political rivalry as the motive. The case involved the deaths of Kripesh and Sarath Lal P K, who were allegedly killed by CPI(M) workers in Kasaragod district. The verdict sparked reactions from both the Congress and CPI(M), with the Congress calling it a blow to the CPI(M)'s violent political culture and the CPI(M) challenging the verdict and claiming political motives in the CBI investigation.
The state government has declared 10 districts as encephalitis-affected and set up mobile medical units equipped with ambulance to provide medical facilities to affected children, a health official said.
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
