The controversial Islamic preacher has asked the firebrand television anchor to withdraw defamatory statements made by him and tender an unconditional apology.
The State Bank of India (SBI) is setting up a Rs 500-crore (Rs 5 billion) private equity (PE) fund to cater to the small and medium enterprise (SME) sector.
Board has also accepted the resignations of Marans.
Mahindra and Mahindra will invest Rs 500 crore to set up a new manufacturing unit at its Nashik facility to produce multi-utility vehicle Ingenio.
'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'
Investors' stock market wealth has plunged by nearly Rs 500,000 crore (Rs 5 trillion) in five straight days of trading, as the market continued its downslide on Monday with a 468-point plunge in the benchmark Sensex.
Companies in the lower mcap deciles have recorded the fastest growth in median mcap.
SpiceJet, India's second-largest private airline, kicked off the process of hiving off its logistics business to its subsidiary SpiceXpress as it looks to raise much-needed capital. On Tuesday, the company sought its shareholders' approval to complete the process and to raise up to Rs 2,500 crore via a qualified institutions placement (QIP). It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money.
'Instant home services act as an on-demand household support system, bridging the gap between informal domestic help and structured service platforms,'
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday made an appeal to Prime Minister Manmohan Singh to declare all the wards in Bhopal as gas-affected and sanction Rs 500 crore to provide better medical facilities to the victims of the 1984 industrial disaster. In a letter to Singh, Chouhan said effects of the toxic leak cannot be restricted to geographical areas and hence the remaining 20 civic wards, out of the total 56, should be declared as gas-hit.
Karisma Kapoor was married to businessman Sunjay Kapur, and after his death earlier this year their children have dragged Sunjay's wife Priya Sachdev Kapur to court for their right share in the property.
Bihar Chief Minister Nitish Kumar disbursed Rs 2,500 crore to 25 lakh beneficiaries of the 'Mukhyamantri Mahila Rojgar Yojana', raising to one crore the number of women to have received Rs 10,000 each under the self-employment scheme.
The national carrier recently invited expressions of interest to appoint a real estate firm to advice it on the deal.
The proposed reduction in license fee for long distance services (STD and ISD) providers would impact the current levels of government revenues directly by about Rs 500 crore (Rs 5 billion) in a full fiscal.
The Chhattisgarh High Court granted bail to Chaitanya Baghel, son of former chief minister Bhupesh Baghel, in two cases related to the alleged liquor scam. The bail was granted in cases lodged by the Enforcement Directorate (ED) and the Chhattisgarh Anti-Corruption Bureau (ACB)/Economic Offences Wing (EOW).
However, shares have remained flat during this period.
The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.
The Madras High Court has reserved its order on an appeal filed by the CBFC, challenging a single judge's direction to grant a censor certificate to the Tamil film 'Jana Nayagan'. The case involves disputes over the film's content and the process of obtaining certification.
Prime Minister Narendra Modi will launch Bihar's 'Mukhyamantri Mahila Rojgar Yojana' on Friday and transfer Rs 10,000 each to the bank accounts of 75 lakh women across the state, totalling Rs 7,500 crore.
After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.
A chargesheet filed by Andhra Pradesh police in connection with the Rs 3,500 crore alleged liquor scam mentions former chief minister YS Jagan Mohan Reddy as one of the recipients of kickbacks. The chargesheet alleges a complex scheme involving shell companies, policy manipulation, and extortion to generate funds that were ultimately routed to Jagan Mohan Reddy.
An official release in New Delhi said the amount has been sanctioned pending finalisation of the total relief package by central teams sent to assess the damage in 15 districts of the state.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
'Last year, we had about 10 to 12 per cent of Hollywood films as a box-office contribution. This year already, it has jumped up to 24 per cent because the lineup is very strong.'
With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.
State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.
Indian Oil Corporation's (IOC's) Q2FY26 operating profit of 14,600 crore beat Street estimates and was up 16 per cent on a sequential basis. It surged 287 per cent over the year-ago quarter on account of an improved refining performance.
As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.
AI reduces the time taken to find a target and launch a strike. This has led to a major increase in the pace of the conflict, with one report mentioning nearly 900 strikes launched on Iranian targets in the first 12 hours of an operation.
While demand for hair care products is increasing in both rural and urban markets, urban consumers have proven to be more extravagant, reports T E Narasimhan.
It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.
India's marine product exports facing rough weather from punitive US tariffs are expected to get a big boost following the reduction of 26 per cent tariff as part of the India-EU Free Trade Agreement (FTA), but concerns over non-tariff barriers, which are a dominant aspect of marine trade to the EU, still remain.
The Maharashtra government, led by a coalition of the BJP and Shiv Sena, has admitted that it cannot increase the monthly financial aid under the Ladki Bahin Yojana to Rs 2,100, as promised during the 2024 assembly polls. The government cites severe financial stress as the reason. Social Justice Minister Sanjay Shirsat, a Shiv Sena leader, has said that the scheme will continue with the existing amount of Rs 1,500, but the increase is not feasible at this time. The minister also accused the Finance Department, led by Ajit Pawar, of diverting funds from his department without his knowledge. He called for a law to ensure that the social justice and tribal affairs departments receive their allocated funds. The statement comes as an embarrassment for the Mahayuti government, which had heavily campaigned on the promise of increasing the Ladki Bahin Yojana aid.
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal.
