The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter. "The regulator met four life and six general insurers last month and asked them to provide their listing strategies by the end of February," said one of the sources.
A deadly terror attack targeting tourists in Jammu and Kashmir's Pahalgam on Tuesday drew strong condemnation and outrage. 26 people, including two foreigners and two locals, were killed in the attack, which is the deadliest in the Valley since the Pulwama strike in 2019. Prime Minister Narendra Modi asserted that the perpetrators will not be spared and their evil agenda will never succeed. Opposition leaders demanded accountability, claiming the government's claims of normalcy in Kashmir have fallen flat.
Sabyasachi's 25th anniversary was a dazzling celebration of artistry and heritage.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
The Congress said BJP MPs had sticks in their hands and Kharge was threatened and pushed.
Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged 'unilateral' decisions and attempts to 'bulldoze' proceedings, indicating that they may disassociate themselves from the panel.
The Lok Sabha passed a resolution on Tuesday condemning Opposition's disruptions during Prime Minister Narendra Modi's address, with Union minister Rajnath Singh saying these actions 'shredded' parliamentary norms.
The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.
India lifted the T20 World Cup after a 17-year gap, beating South Africa by seven runs in the final on June 29.
The birth anniversary of Dr Bhimrao Ramji Ambedkar, whose political influence has surged with the passage of time, on Monday was marked by bitter trading of charges between the ruling BJP and opposition parties as they fought for his legacy.
A total of 13 motions were moved in support of Birla.
Congress MPs on Thursday met the LoK Sabha Speaker Om Birla and Rajya Sabha chairman M Venkaiah Naidu and raised the issue of alleged ill-treatment of party lawmakers, including some women, by the Delhi police during their protests in the national capital against Rahul Gandhi's questioning by the Enforcement Directorate.
The parliamentary committee scrutinizing the Waqf (Amendment) Bill has been granted an extension until the last day of the next Budget Session. This decision follows a heated meeting marked by a walkout from opposition members who expressed concerns about the committee's draft report. The committee will visit several states to meet stakeholders and finalize its report.
The Birlas on Tuesday made a strong plea before the Calcutta High Court for the appointment of an administrator over the estate of M P Birla group, alleging that Rajendra Lodha, who is claiming control of the group on the basis of a purported will of
The stock of Aditya Birla Fashion Retail is down 10 per cent from its February high. Even as the revenue performance of the apparel retail major in the October-December quarter's for the 2022-23 financial year (Q3FY23) was better than expected, the company saw brokerage downgrades, given the weak operating performance and the pressure on margins. This the second consecutive quarter of margin miss despite strong traction on the sales front.
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries.
The Opposition members wanted to discuss the Adani controversy and the recent violence in Uttar Pradesh's Sambhal.
Bill Aitken came to India nearly 60 years ago. He never returned. An Indian citizen since 1972, he tells Rediff.com's Archana Masih how India changed his life forever.
Leader of Opposition in the Lok Sabha Rahul Gandhi met Speaker Om Birla on Thursday and voiced his displeasure over the reference to Emergency made by the chair, saying it was 'clearly political' and could have been avoided.
Invest in these funds through the SIP route with at least a seven-year horizon.
"If we are not getting anything then I think it is end of story for Vodafone Idea," Kumar Mangalam Birla said at the HT Leadership Summit when asked about the future of Vodafone Idea in absence of a government relief on payment of Rs 53,038 crore dues.
Anany's first live performance was held at Taj Land End, Bandra.
Opposition MPs, some of whom have given their dissent, slammed the exercise as undemocratic, claiming that they were given little time to study the final report and frame their dissent notes.
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
The Congress on Wednesday said the Indian National Developmental Inclusive Alliance (INDIA) constituents did not seek a division of votes in the Speaker's election as they wanted to maintain a spirit of consensus and cooperation.
The parliamentary panel's meetings have become a virtual battleground between the opposition and the ruling party members, who have been vociferously debating the changes to the Waqf Bill proposed by the government.
Birla, 57, has been MLA from Rajasthan thrice and MP twice.
According to sources, several opposition leaders are also considering boycotting the inaugural function on Sunday, alleging that the government has insulted the President.
BJP leader Devendra Fadnavis was sworn in as the new Chief Minister of Maharashtra in a grand ceremony at Azad Maidan in Mumbai.
While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.
'They want to snatch the land and give it to their friends'
A constitutional amendment bill for holding Lok Sabha and assembly elections simultaneously is likely to be introduced in Parliament on Tuesday and could be referred to a joint committee of the two Houses.
Glimpses of the At Home reception hosted by President Droupadi Murmu on Independence Day at Rashtrapati Bhavan.
Industrialist Ganga Prasad Birla died last night at 87 after a prolonged illness. His Rs 5,000-crore business included companies like Hindustan Motors, Orient Paper and Industries, Hyderabad Industries, Avtec and Nigeria Engineering Works.
In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.
