The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. State Bank of India (SBI) has received Rs 8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.
Outperforming the likes of Neeraj Chopra and Julian Weber in his debut World Championship is a nice feeling but India's new-found javelin throw talent Sachin Yadav says it cannot make up for the disappointment of "letting slip" an unlikely bronze after a strong start.
A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.
'Attacks on nuclear sites pose significant threats.'
Nitish thought that his stakes as chief minister were far greater than his stakes in protecting one of his party MLAs. He could not allow his rule-of-law train to be derailed by a small rock on the track. On the contrary, if he removed it to keep the train moving at a steady speed he would gain strong public admiration and sympathy that would help him take the masses along in carrying out other tasks. A fascinating excerpt from Arun Sinha's Nitish Kumar And The Rise Of Bihar.
Congress leader Rahul Gandhi accused Chief Election Commissioner Gyanesh Kumar of protecting individuals involved in voter deletion and election rigging, citing data from Karnataka and Maharashtra.
The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.
At least six major UK universities have announced plans to set up campuses or liaison offices in India.
The Election Commission plans to issue new voter identity cards to all electors of Bihar after the completion of the ongoing special intensive revision of electoral rolls in the state.
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
Lieutenant General Shakti Gurung deserves to be complimented in telling his life story and that of his people, as subaltern communities within this vast and diverse nation of ours clamour for recognition and a plea for their voices to be heard and their aspirations to be met, notes Lieutenant General Gautam Moorthy.
...surpassing farmer suicides (11,000) in number. There is a 4 per cent annual increase in student suicides, double the national suicide rate (2 per cent).
Congress leader Rahul Gandhi has launched a 'Voter Adhikar Yatra' in Bihar to advocate for fair elections and protect voting rights, alleging irregularities in electoral rolls and accusing the BJP of attempting to disenfranchise voters.
'There's been interest from multiple states, and exploratory conversations are ongoing.'
Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.
Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.
An analysis of the upcoming Bihar elections, focusing on the key players, alliances, and issues that will shape the outcome. The article examines the strength of the ruling NDA coalition led by Nitish Kumar and the challenge posed by the RJD-led Mahagathbandhan, as well as the potential impact of Prashant Kishor's Jan Suraaj Party.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
Trinamool Congress leader and Member of Parliament Mahua Moitra has moved the Supreme Court challenging an order of the Election Commission of India for special intensive revision of electoral rolls in Bihar.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
"During a competition called 'Third Degree', the jury asked the participants to strip to their underwear," a senior official said.
Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.
To prevent companies from submitting unrealistic quotes to bag project contracts across industries, the government is planning to soon roll out a mechanism to curb irrational bidding.
Emergency legal and constitutional consultations were held in response to India's unilateral move, and preliminary groundwork has been completed after which it has been decided to formally serve a diplomatic notice to India over the suspension of the treaty
'If the BJP had its way, it would sideline him in favour of someone else. But that's not feasible. There is no vote catcher in Bihar for the BJP.'
Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Senior Congress leader Ripun Bora has been summoned by Assam Police for questioning in connection with a case related to party colleague Gaurav Gogoi's alleged links with Pakistan. The summons comes after Bora publicly stated that Gogoi's wife received salaries from the Pakistan government, which prompted Chief Minister Himanta Biswa Sarma to claim that Bora "knows a lot" about Gogoi's alleged links. The case centers around allegations of Pakistani national Ali Tauqeer Sheikh, who is claimed to have links with Gogoi's British wife Elizabeth Colburn, interfering in India's internal affairs. Gogoi has vehemently denied the allegations and accused Sarma of making baseless accusations.
'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.
'China has thus far been cautious, emphasising its focus on development rather than weaponising water resources.'
State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any "clawback", it said in a post-earnings analyst call on Friday. "It depends on our experience because the new products have been filed from October 1," said Siddhartha Mohanty, managing director and chief executive officer. The insurance regulator has revised the surrender value norms, and the revised ones came into effect on October 1.
Senior Congress leader and former Rajya Sabha MP Ripun Bora was on Thursday questioned by Assam Police in connection with a case related to party colleague Gaurav Gogoi's alleged links with Pakistan, officials said.
File a written complaint with the bank's grievance redressal officer and secure an acknowledgement.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
Initially, we will look to take a small batch of a few hundred students, with a plan to increase this to 5,000 students in the next five years, and eventually 10,000 by 2036.'
India and Belgium on Monday explored potential defence engagements in the Indo-Pacific, particularly in the maritime domain, and discussed ways to strengthen defence industrial cooperation.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
The Congress party has accused the Election Commission of India (ECI) of incompetence and partisanship following the Chief Election Commissioner's (CEC) defense of the Special Intensive Revision (SIR) of electoral rolls in Bihar. The party alleges the CEC failed to address concerns about voter list irregularities and is acting in favor of the ruling BJP.
Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said.
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