Future Capital Holdings has decided to venture into the hedge fund business in the next three months.
Future Capital IPO was fully subscribed within four hours of its opening. The company is expected to raise Rs 490 crore through the IPO.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
A consortium, including Amazon founder Jeff Bezos, has acquired approximately one-third minority stake in Premier League club Liverpool FC, with current owners Fenway Sports Group retaining majority control.
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.
Senior officials from the Asian Football Confederation (AFC) and the All India Football Federation (AIFF) met in New Delhi to discuss key issues including the Indian Super League (ISL), the AIFF's Constitution, and compliance with the National Sports Governance Act, 2025. The AFC assured AIFF of continued support for Indian football.
Future Capital will be the first company to hit capital market as it is set to release its IPO at a fixed price band of Rs 700-765 per share.
Future Capital Holdings has had a troubled past, but Vice-Chairman & Managing Director V Vaidyanathan has an ambitious gameplan. Can he pull it off?
The Civil Aviation Ministry and the DGCA are actively discussing to make psychoactive substance testing standards for all commercial pilots.
Kishore Biyani-promoted Future Capital Holdings has received the regulatory go-ahead from Sebi for its initial public offer, estimated to raise between Rs 400-500 crore (Rs 4-5 billion).
Tata Sons has the balance sheet to support them, for now.
Premier League club Liverpool FC has finalised a deal to sell a minority equity stake to a consortium led by British-Indian businessman Amit Bhatia.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.
Regional football powerhouses, including UEFA, AFC, and CONCACAF, are reportedly discussing a vote of no confidence against FIFA President Gianni Infantino. This move comes after Infantino angered them with a proposal to sell a stake in the World Cup to private investors. Despite significant opposition, Infantino retains support from some member associations, particularly from Africa, complicating any challenge to his leadership ahead of the 2027 election.
Prime Minister Narendra Modi urged Russian President Vladimir Putin to move from 'endless war to the end of war' in Ukraine, emphasising that a peaceful resolution is humanity's shared priority.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Many women admit that while they keep clamouring to know the whereabouts of their disappeared family members, they are painfully aware that all of them may have been done to death, points out M R Narayan Swamy.
Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
The Rashtriya Swayamsevak Sangh (RSS) recently held a three-day coordination meeting in Visakhapatnam, where senior leader C R Mukunda highlighted discussions on demographic imbalance, its impact on social harmony, recent youth protests, and underlying systemic failures. The Sangh believes these issues, including exam irregularities like NEET, point to broader administrative and institutional shortcomings that require constructive efforts from both government and society.
Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
According to the agreement, Pantaloon Retail India, along with its wholly owned subsidiary Future Value Retail, would sell its stake in FCH.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
Students in Jharkhand are protesting alleged irregularities in various recruitment examinations, including JPSC and JSSC. A student leader has launched an indefinite hunger strike, demanding a federal probe and cancellation of the 14th JPSC Civil Services Preliminary Examination. The Cockroach Janta Party has extended support, and a march to the Assembly is planned for August 7.
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.
Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.
At this point at 85, Sharad Pawar is like a mature but ageing trapeze artist who is assessing if he will still land on his feet if he jumps from the safe perch of INDIA to the NDA. Can a Great Betrayal be presented as a tactical move? Watch Sharad Pawar do it, predicts Aditi Phadnis.
Go once. You will know, even before you board the flight home, that you will return.
Nationwide protests against the NEET paper leak have intensified across several Indian states, with demonstrators condemning the Delhi Police crackdown and demanding the resignation of Union Education Minister Dharmendra Pradhan. The Congress party has called for further demonstrations, while various student and political groups have organised marches and sit-ins, some leading to clashes with police.
Avoid builders with very large commitments.
When dialogue fails, protest becomes inevitable.
In a democracy, protest is often the only language left once institutions stop listening, explains Ramesh Menon.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
'Let the world know that India's Gen Z has now moved out of their social media world and is ready to face the lathis, the tear gas shells or the spiked-dandas of cops.'