Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade practices. However, in case of existing mandates, JM Financial can continue to act as a lead manager for public issue of debt securities for a period of 60 days, Sebi said in its interim order.
Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in its interim order.
Beckham, a UNICEF Goodwill Ambassador, is on a three-day visit to India
Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya's airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said "there are no allegations made against the company". On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses.
India steamrollered Pakistan by seven wickets in a lopsided blockbuster match at a heaving Narendra Modi Stadium on Saturday to maintain their unblemished 50-overs World Cup record against their arch-rivals.
The Attari-Wagah border crossing point between India and Pakistan was shut completely on Thursday following a week-long heavy rush of people from either side to cross over after the Union government ordered all Pakistani citizens with short-term visa to leave India in the wake of the Pahalgam terror attack, sources said.
'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'
Nick Knight has high expectations from the likes of Kuldeep and Sai Sudharsan who is expected to make his Test debut at Leeds, the venue for the series opener.
The minister added that many of the surviving children have lost their textbooks and certificates, among others, and the government will consider all these matters and help them after a discussion with the chief minister.
Images from Day 7 of the 2025 Australian Open at Melbourne Park on Saturday.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.
Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.
Reilly Opelka has called for chair umpire Greg Allensworth to be suspended by the ATP after he received a code violation at the Dallas Open for confronting a spectator in the stands who he claimed was deliberately coughing to interrupt his serve.
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
India face a replay of their 2019 World Cup semi-final against New Zealand, while South Africa are set for a tough Australian challenge as the semi-final line-ups was confirmed on Saturday.
Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. This would be over 12 per cent of staff at the firm which has about 4,000 people. "This is a restructuring exercise ongoing for the last few months and is expected to conclude by next month," said a person familiar with the development.
'If we play well against those two (Ashwin, Jadeja), we'll generally find ourselves in a better position compared to when they've had a field day and run through us.'
From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.
'But it might spin a little bit certainly as the game goes on.'
The government has extended the PMGKAY scheme to provide 5 kg free foodgrains per month to around 80 crore poor people for another five years. A decision in this regard was taken in the meeting of the Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday. Giving details on Wednesday, Information and Broadcasting Minister Anurag Thakur said the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) has been extended for another five years from January 1, 2024.
When you are attending one of the most high-profile weddings in the world, you expect nothing less than opulent fashion on display. That's exactly what we saw at the lavish wedding of Radhika Merchant and Anant Ambani.
Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Mahindra & Mahindra, Hindustan Unilever, Infosys and Titan were among the laggards.
India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.
As many as 54 professionals will be shortlisted for the SEBI Young Professional Programme.
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
A letter penned by a school student lavishing praise on soldiers involved in rescue operations in landslides-hit Wayanad has won the heart of the Indian Army, which gave him a touching reply through its social media handle.
Zverev fresh for Australian Open final after being spared gruelling Djokovic test
Spinners selected gives us best opportunity to beat India: Ben Stokes
After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
Ten years back, 10 Lashkar-e-Taiba terrorists sailed into Mumbai from Karachi and carried out coordinated attacks that lasted three days. The terrorists carried out bomb explosions and holding innocents hostage as a fight back by security forces continued for the next 60 hours. Taj Mahal Palace hotel, Chhatrapati Shivaji Terminus railway station, Leopold Cafe were targetted in the attack that made headlines across the world.
Markets regulator Sebi's new guidelines on research analysts (RAs) are forcing several equity research firms publicly announcing plans to shut down their shops due to heightened compliance and operational requirements. The Securities and Exchange Board of India (Sebi), on January 8, came out with guidelines for Research Analysts in a bid to curb fraudulent stock recommendations and illegal practices in the securities market.
For Ali, who hails from Mendhar sub-division near the Line of Control (LoC) in Poonch district, the uniform is more than a job -- it's a calling. He has dedicated nearly half his life in the police force, serving its various wings with distinction and earning multiple commendations for his courage and unwavering commitment to duty.
Danielle Collins will exit the Australian Open as public enemy number one after roasting a hostile crowd at the Grand Slam and the American said following her defeat on Saturday that it was up to the fans if they wanted to repair their relationship.
India's next match is against South Africa and Rohit said his team is ready for the in-form Proteas.
A police officer and his eight siblings, including five sisters, were deported to Pakistan on Wednesday despite a court order granting them temporary relief. The nine members of the extended family, who have been living in Jammu and Kashmir for generations, were among more than two dozen people, mostly from Pakistan-occupied Kashmir (PoK), who were served deportation notices following the April 22 Pahalgam terror attack. The deportation has sparked outrage, with protests and appeals for intervention from the home minister and lieutenant governor. The family members claim they are not Pakistani nationals and have been living in the region for generations, presenting revenue records to support their claims. The court has ordered a detailed report on the case within two weeks and will hear it again on May 20.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances