The Securities and Exchange Board of India (Sebi) is set to introduce key reforms aimed at facilitating smoother mega initial public offerings (IPOs). Key among the proposals is a reduction in the quota reserved for individual investors - those applying for less than Rs 2,00,000 per application - from the current 35 per cent to 25 per cent for large IPOs (issue size above Rs 5,000 crore).
After a slew of programmes to facilitate electric-vehicle (EV) adoption in India, the NITI Aayog has said the government has done enough on incentives and now it's time to take the programme a step further with "strong signals" through regulations and mandates.
The development came in the backdrop of the Supreme Court's direction that details of the deleted names be made public by August 19 and a compliance report be filed by August 22.
Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.
IMAGES from football matches played across Europe on Friday.
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July, little-changed from 60.4 in June, and the rate of expansion was the best seen since August 2024.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
The draft National Code Against Age Fraud in Sports (NCAAFS) 2025, which mandates penal action against violators and calls for AI-based bone assessments to accurately determine an athlete's age, is set to become a policy soon with the sports ministry planning to send it for cabinet approval next week.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
Digipin promises to revolutionise location-based services in India with safeguards.
The Indian Army has enhanced security along the Line of Control (LoC) in Jammu and Kashmir's Rajouri district by deploying state-of-the-art equipment, including smart fence systems, robotic mules, and all-terrain vehicles. These upgrades aim to counter infiltration and ensure peaceful Independence Day celebrations.
Shift from producing graduates proficient in analysis and strategy to producing graduates capable of initiating, executing, and scaling impactful actions in real-world environments, points out Ajit Balakrishnan.
'India is a big market for StanC, and it is also fastest growing economy in the world.'
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
Sam Altman is wagering on GPT5 as a leap towards AGI -- smarter, more accurate and less flattering -- but admits the AI still lacks selflearning.
AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.
Long lost brothers, downtrodden masses, a long forgotten prophecy, and a psychotic drug cartel out for blood, Kingdom plays out with the familiar ethos of umpteen films we have seen. But the execution is slick, notes Arjun Menon.
India on Thursday signed a free trade agreement, officially dubbed as the Comprehensive Economic and Trade Agreement (CETA), with the UK - its 16th trade pact so far - as the country aims to boost bilateral trade and investments.
11 ISL clubs urge AIFF to urgently bring "current situation" of Indian football to SC's attention
State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.
There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
The Commissioner of Railway Safety has determined that the Mysuru-Darbhanga Bagmati Express accident was caused by sabotage, prompting increased security measures and investigations.
IPL 2025: CSK, RR repeat offenders in dropping catches; Arya, Hetmyer luckiest
'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'
"The moment we let technology take the driver's seat in the legal system, we begin to erode the public's faith in us and with it, the foundations of the rule of law," CJI Gavai added.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
Inventories of rare earth magnets used in critical automotive components - particularly electric vehicle (EV) traction motors and power steering systems - could run dry by mid-July this year, according to rating agency Icra.
These photographs are from last Friday when Musk announced he was leaving government and heading back to run his business empire which had encountered severe turbulence.
Motorola has introduced two new foldable smartphones internationally: the Razr 60 and Razr 60 Ultra.
The Renault Triber's USP remains its exceptional interior space and seven-seater capability, a combination rarely found in the 7 lakh to 10 lakh on-road price bracket in India.
India's top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking. Management commentary painted a mixed picture, caution prevailed, yet industry CEOs also emphasised cost optimisation, vendor consolidation, and opportunities in AI makeovers.
India's net direct tax collections contracted 1.3 per cent to about 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released on Friday revealed.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.
The Maharashtra government will grant legal status to subdivided land parcels up to January 1, 2025, by relaxing and gradually scrapping the land fragmentation law. This decision aims to resolve legal hurdles related to property registration, construction permissions, and ownership for over 50 lakh families.
The Supreme Court has deleted its critical observation against Allahabad High Court judge Prashant Kumar, clarifying that it did not intend to embarrass or cast aspersions on him. The decision follows a request from Chief Justice B R Gavai to reconsider the matter.
