Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
The 34-year-old actor took to Instagram and said he is recovering well.
'They mean business, but business as usual is unacceptable to them'
IPOs have been the flavour of the season for some time. But the coming together of three mega IPOs, from diverse businesses and historic relevance, could tell a story that's still in the making, points out Nivedita Mookerji.
'All commercial and banking transactions happen in South Mumbai.'
Activist Manoj Jarange has criticized the Maharashtra government for extending the permission for his hunger strike for Maratha reservation by only one day. He warned that Marathas from across the state will come to Mumbai if their quota demand is not met quickly, threatening to escalate the protest and stop taking water in the next two days.
Former Chief Justice of India D Y Chandrachud addresses the controversy surrounding his continued stay at his official residence after retirement, citing his daughters' medical needs and ongoing efforts to move to suitable accommodation.
Following the collapse of a bridge over the Mahisagar river, the Gujarat government has approved the construction of a new two-lane bridge with a budget of 212 crore.
Police detained MNS leader Avinash Jadhav ahead of a rally planned in Thane to counter a protest staged by traders against the slapping of a food stall owner for not speaking in Marathi.
Maharashtra Chief Minister Devendra Fadnavis assures implementation of Bombay High Court directives regarding the Maratha quota protest led by Manoj Jarange, while also exploring legal options to resolve the issue. He condemned harassment of journalists and appealed to avoid politicizing the matter.
With six titles -- four more than Pakistan -- and unmatched consistency, Sri Lanka has quietly been the tournament's second-most dominant force.
The activist urged his supporters not to block Mumbai's roads. "Clear the streets in two hours and ensure Mumbaikars are not troubled. Those who want to leave the city today can do so," he said.
A strike by Karnataka's state-owned transport corporation employees has severely disrupted bus services across the state, leaving passengers stranded and impacting school, college, and office attendance. The strike persists despite a court stay, as unions demand wage revision and payment of salary arrears.
In an unprecedented move, the Supreme Court administration has written to the Centre for vacating the official residence of the Chief Justice of India at Krishna Menon Marg in New Delhi, noting that the current occupant ex-CJI D Y Chandrachud has stayed beyond the permissible period.
Following the collision, the driver fell from the bus and the passenger vehicle, without anyone behind the steering wheel, continued moving for some time and stopped after hitting a stack of bricks, the IG said.
'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'
A controversy had arisen over his stay at the official residence of CJI at 5, Krishna Menon Marg, New Delhi, beyond permissible time.
The Karnataka High Court has ordered the state government to publicly disclose its status report on the stampede outside M Chinnaswamy Stadium in Bengaluru on June 4.
A 15-year-old girl in Odisha, India, has died after allegedly being set on fire by unidentified assailants. The incident has sparked outrage and prompted investigations by local authorities.
The Maharashtra government will grant legal status to subdivided land parcels up to January 1, 2025, by relaxing and gradually scrapping the land fragmentation law. This decision aims to resolve legal hurdles related to property registration, construction permissions, and ownership for over 50 lakh families.
A regular morning alive with the chatter of students assembling for prayers quickly turned into tragedy on Friday when a portion of their government school building collapsed, killing seven children and injuring 27, some of them critically.
A 42-year-old Indian-origin man is on life support with suspected brain damage in Australia after a police officer allegedly knelt on his neck during an arrest, mistaking him for being involved in domestic violence.
In a significant development, the Supreme Court on Thursday recalled its controversial May 2 verdict that had ordered liquidation of Bhushan Power & Steel Limited (BPSL) while setting aside a resolution plan of JSW Steel Limited for the ailing firm. A bench comprising Chief Justice B R Gavai and Justice Satish Chandra Sharma observed that the May 2 judgment, authored by Justice Bela M Trivedi, since retired, did not "correctly consider the legal position as has been laid down in the catena of judgments".
The Lucknow bench of the court said the persons concerned may file their responses to the notices within 15 days and directed the state authorities to consider the said replies and a pass reasoned order on those.
The growing rift between MSIL and rival automakers has complicated the government's efforts to finalise the CAFE norms.
Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.
Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing them of prioritizing vote-bank politics over national security and Bengali identity by promoting infiltration. He also highlighted the BJP's vision for a developed and prosperous Bengal, promising a clean break from the past.
The road ahead will require navigating complex financial challenges while fostering job creation and sustainable development in the region.
A Delhi court on Monday allowed the CBI to close Ahmed's case, saying that the agency "exhausted all options".
On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.
Some more glimpses of Lord Ganesha as The God Of New Beginnings arrives in different localities of Mumbai.
One can only sincerely wish the Dalai Lama a very long life at the service of world peace. His presence is much required today on the planet, notes Claude Arpi, who has known His Holiness for more than half a century.
Majithia and his wife claimed that members of the Vigilance Bureau barged into their house in Green Avenue in Amritsar. They claimed that a similar raid was conducted at their residence in Chandigarh.
The case caused a national uproar after the Juvenile Justice Board member L N Danwade gave bail to the accused on very lenient terms, including writing a 300-word essay on road safety.
Jofra Archer could return for second Test against India: England national selector Wright
The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
A sessions court in Manipur's Churachandpur has been designated as a special National Investigation Agency (NIA) court for the trial of cases related to ethnic violence being investigated by the NIA.
Following the granting of a three-month interim bail to religious preacher Asaram Bapu, police in Shahjahanpur, Uttar Pradesh, have heightened security measures at the residence of the rape survivor's family. The family, who have expressed concerns for their safety, will now need to inform the police before traveling outside the district. Asaram was convicted in 2018 for sexually assaulting a minor girl in 2013 and sentenced to life imprisonment. His latest conviction in Gujarat in 2023 resulted in another life sentence. The police have deployed a guard at the victim's house, provided personal gunners for her father and brother, and installed surveillance cameras. The police are also monitoring the area and have prohibited unauthorized gatherings. The victim's father expressed concern over Asaram's ability to manage his affairs from outside prison despite his health issues.
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