Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
Go once. You will know, even before you board the flight home, that you will return.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.
The Nirmohi Akhara has approached the Supreme Court, seeking a directive to the Centre to reconstitute the Shri Ram Janmabhoomi Theerth Kshetra Trust as a 'public trust' and include structural safeguards for oversight by seers, citing alleged large-scale embezzlement of donations.
Self-styled godman Ashok Kharat, already facing rape charges, is now under investigation for suspicious financial activities involving numerous accounts and large transactions.
The Supreme Court has questioned the conduct of Sonam Raghuvanshi, accused of killing her husband during their honeymoon in Meghalaya, suggesting she surrender and face trial. The court is also examining whether a typographical error in the arrest memo justifies her bail.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
Here's decoding the fine print so that you know exactly what your health insurance policy covers, what it doesn't and the policy conditions that deserve your attention before you need to make a claim.
The Supreme Court, while hearing a bail plea in a murder case, made significant observations about the changing nature of society, the vulnerability of the modern generation, the impact of nuclear families, and the role of technology in child-rearing.
Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.
A Special Investigation Team (SIT) probing the alleged embezzlement of donation money at the Ram Temple in Ayodhya is expected to question people associated with the Shri Ram Janmabhoomi Teerth Kshetra Trust and review banking arrangements for donations.
Tax treatment depends on the activity and manner of earning income.
Marriage, childbirth, dependent parents and ageing increase the cover a person needs.
The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.
The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
As they say some doors open because of who you know, and some, it turns out, open just because of where you're from, recalls Binu Alex.
EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.
The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.
A good NEET score improves your chances of admission. But the counselling process ultimately determines which college and course you will join.
Former US President Donald Trump stated that Gulf nations should reimburse the United States for safeguarding maritime traffic through the Strait of Hormuz, while asserting that recent American military interventions have profoundly crippled Iran's military capabilities, claiming Iran has been "brought back to the Stone Ages."
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.
Maria Goretti details her journey of losing and rediscovering her identity, saying, 'After being home for so long, I think somewhere I lost myself. I had nothing.'
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
A young woman, identified as Rhiya, became a symbol of Mumbai's solidarity protests over the NEET paper leak, captured in a viral image standing with outstretched arms to stop a police van amidst heavy rain, condemning alleged police brutality against agitators in Delhi.
One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.
India has announced a calendar of 29 international sporting events over the next two years, aiming to bolster its credentials as a host nation. This strategic move is part of its larger goal to secure bids for the 2036 Olympic Games, the 2030 Commonwealth Games, and the 2038 Asian Games, showcasing its capacity to host large-scale multi-sport spectacles.
A 40-year-old tribal woman in Madhya Pradesh's Alirajpur district was allegedly gang-raped by robbers who broke into her home, sustaining severe injuries. The incident has led to the opposition Congress demanding a Special Investigation Team (SIT) probe and financial assistance for the victim. Police are investigating the case and searching for the culprits.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
Amidst an ongoing SIT probe into alleged embezzlement of Ram temple donations, Shri Ram Janmabhoomi Teerth Kshetra Trust treasurer Govind Dev Giri held a series of meetings in Ayodhya. These discussions followed the acceptance of resignations from former general secretary Champat Rai and trustee Anil Mishra, and the Trust's decision to overhaul its administrative structure, including appointing a professional CEO. Rai, who has adopted a vow of silence, questioned the State Bank of India's role in the donation counting process, while Giri defended Rai but acknowledged his trust in the wrong people. The SIT probe is expanding to examine the Trust's financial transactions and administrative processes.
Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.
The IDFC FIRST Bank MBA Scholarship 2026-28 is a need-based financial assistance program for students pursuing the first year of a full-time MBA course.
