Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.
'An HAL-private sector tieup is a possibility.'
Notably, four portfolio companies-- Agnikul, ePlane, CynLr, and GalaxEye -- of deep-tech investor Speciale Invest made it to the list.
Neeraj Chopra Classic: Double Olympic medallist hopes to spark javelin revolution in India
This mission is the 14th human flight for the New Shepard programme and the 34th in its history.
In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.
India's purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. The surge comes in the wake of the then-incoming Donald Trump administration's announcement that it would consider hiking tariffs on a reciprocal basis, and pushed some countries, especially those with large trade surpluses with the US, to buy more of its energy.
ECB should offer BCCI minority ownership in Hundred to attract Indian players: Lancashire CEO
'Only a fool would put his life savings into a restaurant at 59... but I did'
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
India's share of total global venture capital (VC) funding fell to 2.9 per cent in calendar year 2023 (CY23) - the lowest since CY19 - reaching $7.3 billion as most startups struggled to raise money without compromising on their earlier valuations. Based on global data by CB Insights on VC funding, funding to Indian startups fell by nearly a third compared to CY22 when it hit $20.6 billion and accounted for 4.8 per cent of the global figure. While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22.
This year is going to be extra special for Elnaaz as she will be seen in the reality show The Traitors and also in another Hollywood movie, Hotel Tehran, playing the lead opposite Zachary Levi and Liam Neeson.
Pakistan Prime Minister Shehbaz Sharif met with Turkish President Recep Tayyip Erdogan to review bilateral relations and reaffirm their commitment to strengthening their strategic partnership. The two leaders discussed joint ventures and enhanced bilateral investment in key sectors, aiming to achieve a $5 billion annual bilateral trade target. They also expressed gratitude for mutual support during recent tensions with India. The meeting was described as "warm and most cordial," highlighting the deep-rooted historical ties between Pakistan and Turkey.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on Tuesday.
An Indian defence firm has refuted a report in The New York Times that linked the company to a Russian arms agency, calling it "factually incorrect" and "misleading". The report suggested that military hardware supplied by a British firm to the Indian company may have found its way to Rosoboronexport, the Russian state arms agency. The Indian firm said it has scrupulously followed all its international obligations and that India's legal framework on strategic trade guides its companies' overseas ventures. The New York Times report cited documents claiming that a British aerospace manufacturer, H.R. Smith Group, sold sensitive technology to the Indian firm, which is a major trading partner of Rosoboronexport. The company, however, denied the allegations, stating that the equipment was destined for an Indian search-and-rescue network and is not designed for military use.
Ajit Balakrishnan on keeping an eye on democratising finance in India.
Speaking to PTI, Lamb also spoke passionately about his playing days with Kapil Dev in County cricket and why he rates Sachin Tendulkar over Sunil Gavaskar and Virat Kohli.
'The LTTE were the pioneers of that.'
As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.
The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).
Tata Harrier.ev versus Mahindra BE.06 versus Mahindra XEV.9E -- which one should you buy? Rajesh Karkera offers a checklist of features to influence your decision.
Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.
'I hear that there are some 10,000 Indians stuck in Iran, including nearly 4,000 students from Kashmir. But, I do not know any of them. Here I am all by myself and the embassy has asked me not to venture out far from my hotel. People here are going about their daily lives despite the bombings'
In an interaction with naval warriors on board aircraft carrier INS Vikrant off Goa, Singh sent a stern warning to Islamabad saying India will not hesitate to use the methods to deal with terrorism that Pakistan cannot even think of.
If the threat from the 'Maovadis' (Maoists) is fading, the danger now lies with the 'MoUvadis' -- those who might exploit the resource-rich Abujhmad region through corporate or State-backed projects.
Domestic bourse BSE has approved the acquisition of a 50 per cent stake in index provider Asia Index (AIPL) from equal joint venture partner S&P Dow Jones (SPDJ) Indices for Rs 30 crore. AIPL, the index provider, is responsible for compiling and maintaining the widely followed Sensex, Bankex, and other indices. Passive funds with assets of nearly Rs 2 trillion are benchmarked with indices provided by AIPL.
The youth today want to go where they feel happy, learn something, feel challenged, rewarded and intellectually stimulated. And then, they meet 'the manager', a relic of the first industrial revolution. A fascinating excerpt from Aseem Dhru's book, Mondays @ 7.
Global capability centres (GCCs) remained one of the major drivers of this huge spurt in demand for office spaces.
Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.
Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.
A Liberian cargo ship carrying 640 containers, including 13 hazardous cargoes, has sunk off the coast of Kerala, raising concerns of environmental damage. The ship, MSC ELSA 3, capsized and sank in the early hours of May 25 after listing rapidly. The three remaining crew members were rescued by the Indian Navy. The Indian Coast Guard is monitoring the situation for any oil spills and has positioned a ship with pollution response equipment at the scene. The ship was carrying 84.44 MT of diesel and 367.1 MT of furnace oil, in addition to the hazardous cargo. The Kerala State Disaster Management Authority has cautioned the public against touching any cargo containers or oil spills that may wash ashore.
'He's gonna inspire billions of girls and boys.'
The Delhi High Court has sought a response from the Board of Control for Cricket in India (BCCI) regarding a trademark infringement claim filed by Champak magazine.
Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.
Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.
More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.
The US carmaker's entry into India is expected by the last quarter of the current financial year.
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