The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
A Shiv Sena corporator, Ramesh Sukrya Mhatre, and five associates have been booked for allegedly assaulting two doctors at a civic-run hospital in Kalyan, Thane, after a family was advised to transfer a newborn due to lack of NICU space. The incident, captured on video, led to widespread outrage and threats of protests from the Indian Medical Association.
The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.
Shiv Sena corporator Ramesh Mhatre and three associates have been arrested for allegedly assaulting doctors and medical staff at a civic-run hospital in Thane, Maharashtra, following public outrage and pressure from the Indian Medical Association.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.
Karnataka Chief Minister D K Shivakumar confirmed that Minister B Nagendra has offered to resign to avoid embarrassing the Congress party and the government, despite Shivakumar's insistence on Nagendra's innocence in the alleged Valmiki Scheduled Tribes Development Corporation scam. The Chief Minister stated he would consult the party high command before making a final decision.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
Authorities in Chhatrapati Sambhajinagar demolished illegal constructions belonging to AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a Nashik TCS case.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
A 37-year-old government contractor in Navi Mumbai died by suicide due to severe financial strain from unpaid bills for completed work. Opposition parties in Maharashtra have accused the state government of negligence, demanding a culpable homicide case against the administration and highlighting a pattern of such incidents among Marathi contractors.
Bengaluru's draft GBA (Parking) Rules, 2026, propose annual residential parking fees ranging from Rs 15,000 to Rs 25,000, depending on vehicle type. The rules aim to regulate on-street parking, requiring permits for residents and setting specific road-space requirements, with violations leading to penalties.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
An under-construction seven-storey building in Hyderabad collapsed, killing two workers and injuring two others. The incident highlighted issues of illegal construction near a drain and violations of mandatory setbacks. Authorities revealed the building was seized four months prior, but construction resumed, leading to the collapse. Investigations into the owner's role and demolition of similar illegal structures are underway.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.
The Lok Sabha passed two Bills, including one to rename Kerala as Keralam, without debate as Opposition members continued their protests, demanding Union Home Minister Amit Shah's presence to address police excesses against student protesters and alleged Ram temple fund irregularities.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The All India Football Federation has extended the deadline for Jamshedpur FC to reconsider its decision to withdraw from the Indian Super League until August 12. This move comes as the AIFF reviews preparations for the upcoming ISL season, while Jamshedpur FC maintains its exit is a strategic decision focused on grassroots development, unrelated to the league's commercial future.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
The Chhatrapati Sambhajinagar Municipal Corporation demolished alleged illegal constructions at the residence and other properties of AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a TCS case.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
'Chal bhai, uth.' Get up. He said it to the politicians like they worked for him. International press has come, he announced. Rotters, BBC, Newsweek.
The Supreme Court has directed the Centre to ensure all roads have properly demarcated, encroachment-free spaces for pedestrians, emphasising that the right to walk on a footpath is a fundamental right.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
If the government wishes that protests like the one that took place at Jantar Mantar during the last few weeks should not recur, it must refocus its energies on jobs, not just the examination system, points out A K Bhattacharya.
