With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
Singh has been critical of leaders, like Samrat Choudhary and a former state BJP president, for their alleged involvement in criminal cases.
Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.
Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).
Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.
The first gold medal of the competition went to Italy's Danilo Sollazzo in the men's 10m Air Rifle, beating Slovakia's Patrik Jany 16-14. Jani is a Tokyo Olympics finalist. Czech Republic's Jiri Privratsky won bronze.
A 50-year-old American woman was found tied to a tree with an iron chain in a forest in Maharashtra's Sindhudurg district, and a set of documents, including an Aadhaar card with a Tamil Nadu address, were recovered from her possession, a police official said on Monday.
The Central Bureau of Investigation (CBI) conducted searches at the residence of former Chhattisgarh Chief Minister Bhupesh Baghel in Raipur and Bhilai on Wednesday. The agency also searched the residences of a senior police officer and a close associate of the former chief minister. The CBI is tight-lipped about the matter in which the searches are taking place. Further details are awaited. Recently, the Enforcement Directorate had conducted searches at Baghel's residence in connection with an alleged liquor scam case.
Saurabh Agrawal, managing director and head, investment banking, has reason to feel pleased with his team at DSP Merrill Lynch -- his firm tops the M&A league table and should secure itself a reasonably good ranking in the debt and equity fund-raising sweepstakes by the time the year draws to a close.
The Enforcement Directorate, which has been investigating the Mahadev app-linked money laundering case for more than a year, alleged in the past that its probe has shown involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, where the two main promoters of the app hail from.
The opposition Bharatiya Janata Party (BJP) has pinned its hopes on the old guard to ensure victory in next month's assembly elections in Chhattisgarh as it gave tickets to 11 sitting MLAs and renominated 13 leaders who lost in the 2018 polls.
Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a statement. As part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
The agency had in October arrested Sameer Vishnoi, an IAS officer of the state, and two others, after conducting several raids in the case.
However, any progress on the deal depends upon Goyal giving up control of the company.
The team will be accompanied by six coaches -- Deepali Deshpande, Samaresh Jung, Manoj Kumar, DS Chandel, Ronak Pandit and Ved Prakash -- and two physios.
Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
India's shooters clinched a gold and two silver medals on Thursday, the second day of competition, to remain on top of the standings in the 12th Asian Airgun Championships, in Taoyuan, Taipei. Ravi Kumar and Elavenil Valarivan won silver in the senior 10 metres air rifle mixed team event while it was a 1-2 for India in the corresponding junior event on yet another profitable day.
World No 1 Elavenil Valarivan was on Sunday included in a 15-member Indian shooting contingent for the Tokyo Olympics at the expense of quota winner Chinki Yadav, who had claimed a gold in the Delhi World Cup last month.
It will not be an easy task for a struggling Punjab side to stand up to the challenge thrown by a RCB team
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
590 cricketers -- including 370 Indian players and 220 overseas players -- will go under the hammer during the two-day mega auction in Bengaluru on February 12 and 13.
The two were being taken to Gaya central jail for interrogation, Magadh Zone Deputy Inspector General Saurabh Kumar said.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
A summary of sports events and persons who made news on Wednesday.
England all-rounder Ben Stokes became the most expensive overseas purchase -- bought by Rising Pune Supergiants for a whopping Rs 14.50 crore even as some unheralded Indian domestic players trumped seasoned names to land lucrative deals at the Indian Premier League players' auction.
India Test regulars like Cheteswar Pujara and Ishant Sharma have also thrown their hat into the ring with base prices of Rs 50 and Rs 75 lakh respectively.