'On national security issues, there can be no compromise.'
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.
The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.
'The law under the guise of security represents a grave and unnecessary expansion of State power at the cost of fundamental rights,' asserts Aakar Patel.
India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.
The Perfect Couple has suspense, humour, romance and gorgeous visuals.
Digital services company Jio Platforms on Monday announced a joint venture with Luxembourg-based SES to provide satellite-based broadband services in India, a joint statement said. The two companies have formed a joint venture, Jio Space Technology Limited, in which Jio Platforms (JPL) and SES will own 51 per cent and 49 per cent equity stake respectively. "The joint venture will be the vehicle for providing SES's satellite data and connectivity services in India, except for certain international aeronautical and maritime customers who may be served by SES.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
Suheldev Bharatiya Samaj Party chief Om Prakash Rajbhar, Rashtriya Lok Dal's Anil Kumar and two Bharatiya Janata Party leaders were sworn in on Tuesday as Yogi Adityanath expanded his council of ministers, weeks ahead of the Lok Sabha polls.
What happens when two former ministers go up against each other? No sparks fly, reports A Ganesh Nadar from the Arakkonam Lok Sabha constituency in Tamil Nadu, but it is the summer heat that has the last word on the campaign.
The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
The Securities and Exchange Board of India has permitted Stock Exchanges to determine the manner of adjustments in derivative contracts for corporate actions such as dividend and bonus payment.\n\n
Decision of Indu Shahani, principal of Mumbai's HR College, to become a director of United Spirits raises an ethical issue.
Institutional Investor Advisory Services had recommended investors to vote 'against' the proposal, while Stakeholders Empowerment Services asked investors to vote 'for' the proposal.
The 21st AGM of the company is scheduled to be held in Mumbai on Friday.
Sanofi India is seeking approval of the shareholders for perpetuity.
Goenka has not even attended the last three annual general meetings of the company, yet he drew around half of the managing director's pay
Governance group SES thinks so but JSW Steel says he's exemplary and deserves it.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
Securities and Exchange Board of India has asked stock exchanges to submit plans for providing facilities for shifting to T+2 settlement cycle from the current T+3 mode with effect from April 1, 2003
'Which will not happen.' 'Foreign Minister S Jaishankar has expressly refuted Beijing's statement that normalcy was returning to Sino-Indian relations.'
I thought Saudi Vellakka a glancing, loving depiction of the judicial system as a pageantry filled with performers trying to do right by everyone, do everything by the book, and failing despite their best attempts, observes Sreehari Nair.
Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits (USL) chairman Vijay Mallya.
'The days when less government, more governance were spoken of are well and truly behind us.' 'More government, it is now believed, means more governance,' says Saisuresh Sivaswamy.
Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.
'NSE has thousands of employees. It is their institution. So it's a dear family.' 'One should not hurt the morale of these people.'
I cannot think of another Hindi movie that has, without so much as a hint of cynicism or speechifying, brought out that fundamental fact of Muslims being an integral part of the Indian culture while being at the same time a subculture with its own polite niceties, observes Sreehari Nair.
The new Council of Ministers comprises of 25 Cabinet ministers, nine Ministers of State (Independent Charge) and 24 Ministers of State (MoSes).
The more crucial point is that India Inc can't argue against transparency.
Godfrey Phillips, controlled by his father K K Modi, paid Rs 1.7 crore despite him not attending a single board meet
Dollar selling by exporters and banks amid a higher opening in the domestic equity market also supported the rupee, dealers said.
Haryana's bowlers failed to impress in the morning session as England XI scored briskly to reach 136 for no loss at lunch on the opening day of their final practice match in Ahmedabad on Thursday.
Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders' meeting on Tuesday to consider the proposed Rs 4,000 crore-investment by private equity firm Carlyle and others in the mortgage firm. However, results of the shareholders' voting will not be disclosed till further directions from the tribunal. The ruling comes hours after PNB Housing Finance informed stock exchanges that it has appealed against Sebi's direction on June 18 wherein it was asked to defer consideration of the proposed capital infusion proposal till a valuation of the company's shares is done by a registered independent valuer.
The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.
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