JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.
We were talking to a real-life spy!! Wow!
In another development, aviation safety regulator DGCA in an order on Sunday late evening extended the time by Monday 6 pm for IndiGo CEO Pieter Elbers and Chief Operating Officer and Accountable Manager Isidro Porqueras to submit reply to its show cause notice over the ongoing disruptions in the airline's operations.
After Maharashtra Deputy Chief Minister Ajit Pawar announced that the sale deed executed by his son Parth's firm for a prime land in Pune has been scrapped, officials said the company will have to cough up double the stamp duty, which comes to Rs 42 crore, to get the transaction cancelled.
Equity markets fell on Monday, with benchmark indices recording their worst session in over two months amid caution ahead of the US Federal Reserve's (Fed's) policy announcement and renewed uncertainty over the US-India trade deal. Sustained selling by foreign portfolio investors (FPIs) also weighed on sentiment.
Aviation regulator DGCA intensifies scrutiny of IndiGo following widespread flight cancellations. The airline will offer travel vouchers to affected passengers.
The new complex housing the Prime Minister's Office (PMO) will be called 'Seva Teerth', officials said. The renaming reflects a shift towards service-oriented governance and a focus on duty and transparency.
Maharashtra CM Devendra Fadnavis assures impartial action in the Pune land deal case involving a company linked to Deputy CM Ajit Pawar's son, Parth Pawar.
JioStar's SouthUnbound event served as the launchpad for several new original projects on the streaming platform.
'...but I would not like to put a timeline to it'
The Delhi High Court agreed to hear a plea regarding mass flight cancellations by IndiGo, while the Supreme Court acknowledged the chaos as a 'serious matter'. IndiGo has cancelled 500 flights, leaving many passengers stranded.
A series of deaths and health-related incidents involving staff deployed for the Special Intensive Revision (SIR) of electoral rolls in multiple states has triggered alarm, even as West Bengal Chief Minister Mamata Banerjee on Thursday launched a sharp attack on the Election Commission, calling the ongoing exercise 'chaotic, coercive and dangerous'.
The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.
Some days, the Gustakh Ishq actress is all about bold, experimental fits; other days, she's serving timeless elegance
The Union Cabinet on Friday approved Rs 11,718 crore for conducting the Census of India, 2027, which would include the caste enumeration for the first time.
IndiGo is operating 1,650 flights of its 2,300 daily domestic and international flights on Sunday, and 650 remain cancelled for the day, amid the airline's operations gradually stabilising after massive disruptions in the last five days, the airline said.
Aviation watchdog DGCA stations personnel at IndiGo's headquarters to monitor flight cancellations, crew deployment, and operational disruptions after thousands of flights were cancelled, causing passenger inconvenience.
Music director duos are a unique Bollywood feature, and many have become iconic. In this special series, Dinesh Raheja explores prominent music duos, and their dynamics.
The lack of runs from captain Suryakumar Yadav and his deputy Shubman Gill remains a talking point.
Congress MP Priyanka Gandhi Vadra defended Rahul Gandhi's upcoming visit to Germany, questioning the BJP's criticism when Prime Minister Narendra Modi frequently travels abroad.
DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.
The change in the government's engagement with the economy's need for reforms is more nuanced than how analysts have so far perceived it, points out A K Bhattacharya.
FC Goa travel to Iraq for crucial clash against Al Zawraa SC
The Supreme Court expressed concern over threats to election officials in West Bengal and other states, urging the Election Commission to take action. The court also addressed the lack of cooperation from state governments in electoral roll revisions.
Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.
The Calcutta high court on Friday refused to intervene in the construction of a mosque -- modelled on Ayodhya's Babri Masjid -- at Beldanga in West Bengal's Murshidabad, proposed by suspended Trinamool Congress MLA Humayun Kabir.
'Age is not an issue if you are chasing your dream. If you have support from your family, you can achieve anything.'
The flights have been cut across sectors, particularly on high-demand, high-frequency routes, according to a DGCA statement.
Long queues, passengers in tears, and repeated flight cancellations created a morning of severe disruption at Ahmedabad's Sardar Vallabhbhai Patel International Airport on Saturday, as IndiGo continued to face nationwide operational delays.
Blue Energy Motors, a Mumbai-based outfit, is set to disrupt the market for two million heavy-duty trucks running on diesel and petrol in the case of routes under 500 km by transforming them into electric.
'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'
Delhi Police told a court that some protesters arrested for allegedly using pepper spray on police personnel during a demonstration at India Gate attended a conference of the banned Radical Students' Union in Hyderabad earlier this year.
Rajya Sabha Chairman C P Radhakrishnan addressed members, urging them to uphold the Constitution, follow parliamentary norms, and understand their responsibilities towards the nation.
Despite an earlier direction by the Bench, the lamp was not lit on an ancient stone pillar near a Dargah on the Thirupparankudram hill here on Karthigai Deepam this evening, triggering protests by the Hindu Munnani activists and a section of devotees.
In a country where wearing lipstick could still invite disapproval, Simone Tata understood that Lakmé's future depended on shifting attitudes.
India have been served well by Shreyas Iyer in ODIs at No. 4 but with the Mumbai batter unavailable due to injury, the team management entrusted Gaikwad with the job to build the innings and he did it with aplomb, hitting his maiden century in the second ODI against South Africa on Wednesday.
Moody's Ratings on Tuesday said tax cuts in the current fiscal has dented India's revenue growth, leaving less scope for fiscal policy support for the economy.
Delhi Police claim protesters arrested at India Gate for using pepper spray on officers are linked to the banned Radical Student Union and displayed banners of a slain Maoist leader.
'Maybe he was wrong, but they believed he genuinely meant what he said.'
Two teachers-cum-Booth Level Officers (BLOs) in Madhya Pradesh died of illness while conducting voter list surveys. Relatives allege heavy workload and pressure to meet targets as the cause. A third BLO is missing.
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