The Securities and Exchange Board of India (Sebi) will let Category-I and-II alternative investment funds (AIFs) run a dedicated "co-investment" (CIV) scheme for accredited investors, doing away with an earlier requirement of a separate portfolio-manager licence. The rules notified on Monday are aimed at reducing compliance burden for the AIF managers.
'When an establishment operates despite demolition or closure orders, without proper fire exits, evacuation plans or safety audits, and yet is allowed to host large crowds, the state cannot hide behind the language of accident.' 'The authorities were aware of the risks and of the violations, but chose not to act decisively because doing so would have inconvenienced those with influence and financial stakes.' 'In such a scenario, the moral and legal responsibility for the resulting deaths moves from negligence towards culpability; calling it 'murder' is a way of underlining that these lives were sacrificed at the altar of greed and complicity, not fate.'
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
The self-styled godman on the run after allegedly sexually assaulting several female students of a management institute in New Delhi, allegedly pressured them with threats of lower grades and lured them with promises of foreign trips, an officer said on Wednesday.
Singapore police clarify that musician Zubeen Garg died after swimming off Singapore Island, not scuba diving. An autopsy report has been shared with the Indian High Commission, and foul play has been ruled out.
Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 54th consecutive month of net inflows into the segment.
Over 70 scientists, environmentalists, and former bureaucrats are urging the Indian government to reconsider the Great Nicobar Island project, citing environmental and social concerns.
Former off-spinner Harbhajan Singh is hopeful that the newly appointed India's ODI captain, Shubman Gill, will carry forward the legacy of Virat Kohli, Rohit Sharma and other captains who served before him in the format.
It is not yet clear if Diageo Plc is looking to sell its complete stake in RCB.
TJ, Animesh Kujur enter TOPS developmental group; Pranati named for TAGG
Argentine superstar Lionel Messi has sent his signed 2022 World Cup victorious jersey to Prime Minister Narendra Modi for his 75th birthday.
Veteran domestic cricketer Jalaj Saxena on Saturday joined Maharashtra ahead of the Ranji Trophy 2025-26 after parting ways with Kerala where he played for nine seasons.
Assam Chief Minister Himanta Biswa Sarma on Monday said the state government has asked the Ministry of Home Affairs to invoke the Mutual Legal Assistance Treaty (MLAT) with Singapore to secure full cooperation from authorities in the case of singer Zubeen Garg's death.
A five-member team, headed by Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report and appointed the team.
Can Shubman Gill and his men rewrite the script once more? The answer begins unrolling on July 23.
The Supreme Court has requested the Election Commission to respond to petitions challenging the Special Intensive Revision of electoral rolls in Tamil Nadu and West Bengal. The court has also asked the Madras and Calcutta High Courts to keep proceedings on similar petitions in abeyance.
Stead, who guided New Zealand to the WTC title, T20 World Cup final in 2021, 2019 ODI World Cup final and 2025 Champions Trophy title clash, is now entrusted with the task of giving a fillip to Andhra cricket.
Nearly 70% of autoimmune disease patients in India are women. Doctors have observed that autoimmune diseases are far more common among women, especially between the ages of 20 and 50, when hormonal and lifestyle factors are most active.
'When you attend an RSS function, the nation is your first priority.'
Nitish thought that his stakes as chief minister were far greater than his stakes in protecting one of his party MLAs. He could not allow his rule-of-law train to be derailed by a small rock on the track. On the contrary, if he removed it to keep the train moving at a steady speed he would gain strong public admiration and sympathy that would help him take the masses along in carrying out other tasks. A fascinating excerpt from Arun Sinha's Nitish Kumar And The Rise Of Bihar.
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The ratio of MF assets under management to total bank deposits has more than doubled in 10 years.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
Foreign investors pulled out Rs 34,993 crore (around $4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double the Rs 17,741 crore outflow recorded in July.
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
Zubeen Garg's cousin and Assam Police DSP Sandipan Garg was apprehended on Wednesday in connection with the singer's death in Singapore last month, taking the total number of arrests in the case to five, a senior officer said.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products, has launched Amul Milk in Spain.
International Master Atanu Lahiri, a former joint secretary, AICF, in a complaint to the Registrar of Societies, Tamil Nadu has urged the initiation of a probe on alleged mismanagement or misuse of AICF funds and even dissolve the chess body if gross violation of its objectives and obligations were found.
It was significant that the ceremony took place at 24, Akbar Road, the party's former national headquarters, and not at its new office in Kotla Road.
Female students alleged that Saraswati used abusive language, sent obscene messages, and made unwanted physical advances.
On July 1, both victims were first sent to Kazakhstan and later transported to Omsk, Russia, where they were abandoned. "There were no jobs, no accommodation and they had to survive for days without proper food and shelter," a senior officer said.
This year, Rajat led RCB to their maiden IPL title in 18 years and recently was crucial to the Central Zone's Duleep Trophy triumph for the first time since 2014-15.
The emotional high point of the glittering ceremony came when Shreya concluded her performance with Zubeen's iconic song 'Mayabini Ratir Bukut'.
'They are totally disconnected with farm activities which their families have been involved in for years.'
'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'
On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.
