Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion after another consortium pulled out.
Lucknow Super Giants face a crucial rebuilding phase after finishing last in IPL 2026 and Rishabh Pant stepping down as captain. From auction strategy and potential Hardik Pandya interest to coaching changes and retention plans, here's what lies ahead for LSG before IPL 2027.
A US-based consortium led by Kal Somani has expressed disappointment and alleged an unfair bidding process after losing the Rajasthan Royals ownership bid to Lakshmi Mittal's group.
The Securities and Exchange Board of India (Sebi) has introduced an abridged prospectus to simplify IPO disclosures, making them more accessible for investors. This concise summary will accompany detailed offer documents, providing key information in an easy-to-understand format.
The Sports Authority of India (SAI) has provided financial assistance for India's participation in the IBSF World Men's Billiards Championship in Ireland, supporting players like Sourav Kothari and Pankaj Advani.
The Sports Authority of India (SAI) has provided financial assistance for India's participation in the IBSF World Men's Billiards Championship in Ireland, supporting players like Sourav Kothari and Pankaj Advani.
The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.
IPL chairman Arun Singh Dhumal explains the reasons behind shifting the IPL final from Bengaluru to Ahmedabad, citing higher seating capacity and an ICC board meeting.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.
The BCCI has issued a stern advisory to IPL franchises following concerns about security breaches, unauthorised guests, and players' interactions with social media influencers. Franchises are now working to comply with the new regulations while respecting individual privacy.
In the IPL, losing your wicket is forgivable; but losing your integrity isn't, asserts K R Nayar.
Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.
The Asian Games could shift to odd-numbered years after the 2026 edition, effectively moving to the year before the Olympics to serve as a key qualifying event across more sports, according to reports.
Julian Metherell, Chairman of The Hundred franchise London Spirit, will succeed Ed Smith as the President of Marylebone Cricket Club (MCC) from October. Metherell, a long-time MCC member, was nominated by Smith and will serve a three-year term. The MCC, founded in 1787, owns Lord's Cricket Ground and governs the laws of cricket.
Sports event organiser Satadru Dutta alleges that political interference, security failures, and administrative lapses led to the chaotic Lionel Messi event at Salt Lake stadium in Kolkata last December, claiming he was made a scapegoat.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.
Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.
Amidst heightened market volatility and muted investor sentiment, the Securities and Exchange Board of India (Sebi) has announced one-time relaxations for initial public offering (IPO) timelines and minimum public shareholding requirements, providing relief to numerous companies.
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.
Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.
Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.
At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
The Karnataka cabinet has approved eight draft bills, including those addressing hate speech, cattle slaughter, and social boycott, to be tabled in the upcoming legislative session.
The Enforcement Directorate (ED) conducted searches in Punjab and Chandigarh, targeting realty groups and individuals linked to an official in the Chief Minister's Office, as part of a money laundering investigation into fraudulent land use changes and investor fraud.
Ayushmann Khurrana, known for consistently breaking conventions with his choice of roles and projects since his 2012 debut in 'Vicky Donor', is gearing up for his new release 'Pati Patni Aur Woh Do'. Ahead of its release, a list ranks his top 10 standout films, highlighting his unique contributions to Indian cinema.
PCB enforces strict new security rules for PSL teams after a hotel breach in Lahore, mandating prior approval for family visits and warning against violations.
Essex all-rounder Noah Thain became the first injury substitute in county cricket, replacing injured captain Tom Westley in a match against Hampshire.
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.
To cut its debt, promoter Kapil Wadhawan and promoter group Wadhawan Global Capitalhave resorted to measures such as sale of assets of group companies as well as securitisation of retail assets of DHFL to bring in liquidity.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
The Indian IPO market is experiencing a significant surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, driven by a combination of improved issuer confidence, strategic regulatory compliance, and private equity investors seeking exits amidst volatile market conditions.
While the leadership issues may get sorted in the upcoming board meetings of Tata Trusts and Tata Sons, listing of the holding company of the Group on stock exchange should potentially resolve the bigger question on ownership and control
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.
HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.
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