Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).
The July-September quarter (Q2) business update on revenue by FSN E-Commerce Ventures (Nykaa) was well received by most investors and the share price surged over 6 per cent, driven by one block deal. Even after Wednesday's minor dip, it was still higher at Rs 257.50 as compared to Monday's close of Rs 255.55.
'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'
'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'
Six critical patients were killed in a fire at the trauma centre of the state-run Sawai Man Singh (SMS) Hospital in Jaipur late Sunday night, officials stated.
The Rajasthan government has suspended the state drug controller and halted the distribution of medicines manufactured by Kaysons Pharma following reports of children's deaths allegedly linked to contaminated cough syrup.
'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
The wife and sister of singer Zubeen Garg are seeking answers and demanding justice following his death in Singapore last month. They have taken to social media to express their grief and call for a thorough investigation into the circumstances surrounding his death.
EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan
Pakistan team manager Naveed Akram Cheema lodged a "formal protest" against match referee Andy Pycroft alleging that he asked both captains not to shake hands during the toss.
'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'
CAG warns most states of fiscal imprudence as March spending overshoots limits, with key departments exhausting large portions of budgets in the last month of FY24.
'He was always a people's person. Don't forget he had been a Delhi captain in a team that had a lot of big stars, India players. They played under him and he managed them fairly well.'
As the results of last year's AITA elections stay unannounced, the rival factions in the national tennis federation have picked separate team managers for the upcoming Davis Cup tie against Switzerland, leading to an ego tussle between the members.
The Supreme Court intervened to ensure a tragedy-struck widow received compensation from the Railways after a 20-year legal battle following her husband's death in a train accident.
The International Cricket Council (ICC) on Tuesday announced the suspension of USA Cricket's membership with immediate effect, saying the decision has been taken after a "thorough review of affairs and extensive engagement with key stakeholders over the past year".
An Air India Boeing 787-8 Dreamliner experienced an uncommanded deployment of its Ram Air Turbine (RAT) shortly before landing. The DGCA is investigating the incident, raising safety concerns.
'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'
Former South Africa fast bowler Vernon Philander says Jasprit Bumrah has set high standards for pacers across the world.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
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.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
The Chhattisgarh State Women Commission has directed the Director General of Police to file FIRs based on complaints from three women who allege assault and molestation by Bajrang Dal workers. The women were initially involved in a human trafficking and forced conversion case.
India has formally invoked the Mutual Legal Assistance Treaty (MLAT) with Singapore to investigate the death of singer Zubeen Garg. The Assam government seeks cooperation from Singaporean authorities in the case.
Few people have left the kind of imprint on India's advertising canvas as Piyush Pandey. An observer who seemed to know what made the country tick, a man who could find humour in life's everyday struggles and spin magic from it, one who understood that to reach the masses you needed to communicate with them in their language and context -- he was all of this and more.
The fraudsters threatened the victim, claiming that ATS Delhi had conducted a search operation in Mumbai in connection with the Pahalgam terror attack, and that his name had surfaced alongside those of builders, industrialists, and bureaucrats.
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.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
A fundraiser launched to support Nagamallaiah's wife, Nisha, and 18-year-old son, Gaurav - who witnessed the attack - has raised nearly $200,000, at last reckoning, to help cover funeral expenses and Gaurav's college education.
'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'
The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. The Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer, according to NSE data.
The observation, however, did not go down well with Bumrah, who responded to Kaif by saying, "Inaccurate before inaccurate again.'
A petition has been filed in the Supreme Court seeking transfer of the probe into the death of Assamese singer Zubeen Garg from the state police's SIT to a central agency such as the CBI or the NIA.
: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan
Terror outfits in Jammu and Kashmir are now constructing elaborately-designed underground bunkers deep inside thick forests and elevated ridges instead of taking shelter in local houses, officials said. This tactical shift, fuelled by eroding local support, presents a new challenge to the Army and other security forces.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
'Contesting fewer seats than last time but winning more and performing better... would be in the interest of the Congress.'
Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".
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