Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
Maruti Suzuki India on Wednesday said its consolidated net profit increased by 16 per cent to Rs 3,727 crore for the third quarter ended December 31, 2024. The auto major had reported a net profit of Rs 3,207 crore in the October-December period of last fiscal.
The Indian Railway Ministry has requested Twitter (X) to remove disturbing images and videos related to the February 15 stampede at New Delhi Railway Station, citing concerns about the dignity of the deceased and the trauma experienced by survivors and their families. The request followed complaints from relatives of those affected by the stampede, which claimed 18 lives and injured several others.
Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of Sun TV.
Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.
A board position requires one to hold at least 3 per cent of the outstanding shares. Binny holds around 5 per cent stake in Flipkart
Narayanan has a long and distinguished career at ISRO, having played a key role in several important missions, including Chandrayaan-2 and 3, and the Gaganyaan programme.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
After weeks of delay, Oil Minister S Jaipal Reddy has agreed to clear appointment of two independent directors on board of Oil and Natural Gas Corp (ONGC), a requirement that was must for the state-owned firm's public offering next month.
'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
Since the IPKF's withdrawal from Sri Lanka in March 1990, the LTTE's once-powerful influence in Tamil Nadu has faded.
'I have always looked at people and said, 'You just have to accept. You just have to love. You just have to let this person be and the trouble would be less.' 'But we keep complicating things, and that is the tragedy -- our desire not to understand.'
Kingfisher Airlines's has hit a rough patch again with three of its directors resigning for better prospects.
The Odisha government has constituted a fact-finding committee to investigate the circumstances surrounding the death of a Nepali student at KIIT University and the subsequent protests by students. The three-member panel will investigate the institute's handling of the situation, including the suspension of students seeking justice. The incident has sparked outrage and raised concerns about the safety of international students at the institute. The Nepal government has threatened to stop issuing no objection certificates for students studying in Odisha if the situation is not resolved.
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.
IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
The government is likely to appoint more directors on the board of the crisis-ridden Satyam Computer Services soon. "More directors will be appointed within two days," a senior official of the Ministry of Corporate Affairs said.
A home insurance policy covers damage from earthquakes, fires, explosions, floods, landslides, cyclones, storms, aircraft damage, and acts of terrorism.
Following a stampede at New Delhi railway station and large crowds arriving for the Maha Kumbh, authorities in Uttar Pradesh have implemented stringent security protocols at key railway stations including Prayagraj, Varanasi, Ayodhya, Kanpur, Lucknow and Mirzapur. Measures include restricted entry, holding areas for passengers, increased security personnel, and improved facilities to prevent overcrowding.
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'
At least four out of the 13 persons killed in the Jalgaon train accident have been identified as hailing from Nepal, authorities said on Thursday.
'I believe India is very different from Bombay, Delhi and Kolkata.'
'I chose to give priority to my personal life.' 'It's not like I didn't want to act but I guess with certain times in your life, you have to handle certain things.' 'I've had a couple of ups and downs, so I kept taking breaks.'
In a belated action, defence public sector undertakings Bharat Electronics Limited has removed former Indian Space Research Organisation Chairman G Madhavan Nair from its Board of Directors as he was barred from holding any government post for his role in the controversial Antrix-Devas deal.
In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.
A track curvature is being investigated as a possible factor in the fatal train accident in Jalgaon, Maharashtra, where 12 passengers were killed after jumping off a train due to a fire rumour. The Karnataka Express train, which ran over the passengers, had its visibility and braking distance affected by the curvature, according to railway officials. The incident occurred when passengers on the Lucknow-CSMT Pushpak Express jumped onto the tracks after fearing a fire, only to be hit by the oncoming Karnataka Express.
'No matter how much you get paid or how successful you get, nothing can match the fauj.'
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
Reconstruction of the terminal is expected to be completed by September 2028.
Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.
Canada's Indian-origin MP Chandra Arya has announced that he is running to be the next prime minister, hours before his Liberal Party announced that their next leader will be chosen on March 9.
Shah, the son of India's Home Minister Amit Shah, will have his task cut out as the ICC looks to find an acceptable solution to implement the 'Hybrid Model' for the Champions Trophy originally scheduled in Pakistan.
With Jay Shah taking over as International Cricket Council's youngest chairman on December 1, the role of secretary in the mighty BCCI lies vacant and as officials wonder who the replacement might be, they have time to figure out the next course of action.
At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.
'Films like Roja and Bombay, at that point of time, were not something about which I would be too worried.' 'I thought if I'm honest and if I'm reflecting what a normal person like me is feeling, then that honesty will come through.'
