ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.
Canada's Indian-origin MP Chandra Arya has announced that he is running to be the next prime minister, hours before his Liberal Party announced that their next leader will be chosen on March 9.
Uttarakhand will become the first state in independent India to implement the Uniform Civil Code (UCC) on January 27. The UCC will bring about uniformity in the society and ensure equal rights and responsibilities for all citizens. The law was passed by the state assembly in February 2024 and received presidential assent a month later. The UCC will govern and regulate laws relating to marriage and divorce, succession, live-in relationships and related matters. It sets equal marriageable age for men and women, grounds of divorce and procedures across all religions, and bans polygamy and 'halala'.
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.
'The government does not want to be transparent or accountable. Therefore, they do not want to appoint information commissioners.'
The Archaeological Survey of India (ASI) has sought control and management of the Shahi Jama Masjid in Sambhal, Uttar Pradesh, citing its status as a protected heritage structure. The request comes after violence erupted during a court-ordered survey of the mosque, which was linked to a petition claiming that a Harihar temple once stood at the site. The ASI has argued that unauthorized changes to the mosque's structure by the management committee are unlawful and should be restricted. A three-member judicial commission has been formed to probe the violence and is expected to visit Sambhal on Sunday.
The Mumbai police have registered a case against an unidentified person after three airlines received bomb threats on their X handle, an official said on Tuesday.
As Parliament gears up for a stormy start next week over the Adani issue, the government has listed 16 bills, including one to amend the waqf law and five new ones, for the winter session.
The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.
Controversial phrases like 'vote jihad' used by some political parties during the election campaign in the recently-held Maharashtra assembly polls are under the Election Commission of India (ECI)'s scanner, an official said on Wednesday.
'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'
Maharashtra Chief Minister Devendra Fadnavis has said the Mahayuti allies have agreed to conduct a 'performance audit' of ministers during their tenure.
She's got a smile that makes everyone happy and a wardrobe that is filled with pops of colour.
'Two males in the same house, one who is trying to become a man, and the other one is losing his manhood, when they cross paths, it can be a tricky situation.'
The Income Tax department on Monday invited public inputs for review of the six-decade old I-T Act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. Pursuant to the Budget announcement by Finance Minister Nirmala Sitharaman for a comprehensive review of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had set up an internal committee to oversee the review and make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers.
A lot of the 100-day programmes would be 'milestone-based' with timelines for achieving targets for social-sector schemes.
In 14 days, more than 350 flights operated by the Indian carriers have received hoax bomb threats. Most of the threats were issued through social media.
The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
'Do films today even have the courage to question the establishment?'
The members who were present at the 93rd BCCI Annual General Meeting (AGM) in Bengaluru on Sunday requested incumbent secretary Jay Shah to speed up the process of finding his successor to keep the transition of power as smooth as possible.
Putin expressed concern over the situation in Gaza, and said Palestinian President Mahmoud Abbas has been invited to BRICS events.
India has lodged a strong protest with Bangladesh over a now-deleted social media post by a key aide of Bangladesh's interim government that claimed certain areas of Indian territory should be part of that country. The post, which included a map showing parts of West Bengal, Tripura, and Assam as belonging to Bangladesh, was made by Mahfuz Alam, a de facto minister in the Muhammad Yunus-led interim government. The post sparked backlash and was subsequently deleted. India's External Affairs Ministry spokesperson Randhir Jaiswal reminded all concerned to be "mindful" of their public comments and emphasized the need for responsibility in public articulation.
Fashion has been her passion since 'she was a little girl exploring the world with wide eyes and a curious heart'.
Here's how to own your dream home without paying excessive interest on your EMIs.
After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog's decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned by Meta, for advertising purposes for a period of five years.
'He return to Australia for this tour in form and a man Australia fears, an unthinkable prospect when he was bailed up in hospital unable to walk.'
Shubham Upadhyay, a resident of Uttam Nagar in the national capital, was arrested for posting two bomb threat messages to draw attention after seeing similar news reports on TV, the police said.
2016: On November 20, the Indore-Patna Express 19321 derailed close to Pukhrayan in Kanpur, India, killing at least 150 passengers and injuring more than 150.
The best things about florals is that you can wear them anywhere, anytime.
Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped down on his US headquarters. A timeline of the 58-year-old businessman.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The Securities and Exchange Board of India (Sebi) has given green light to several mega initial public offerings (IPOs) last week, paving the way for bumper launches during the ongoing festival season. According to the update on Sebi's website, Hyundai Motor India, which will be the country's largest IPO of nearly Rs 25,000 crore, received the observation letter from the market regulator on September 24. The regulator also gave the final observations on the offer documents of Vishal Mega Mart and Swiggy.
In the last two years, top-of-the-line cricketers such as Rishabh Pant, Jasprit Bumrah, Shreyas Iyer, KL Rahul and Prasidh Krishna spent several months at the National Cricket Academy (NCA), which is now a CoE, to recover from their respective injuries, sitting out of some high-value matches.
The Sabarmati Report is so flimsy in its execution, taking offence to it would be dignifying its existence, notes Sukanya Verma.
Sukanya Verma lists 10 shows that have her (Korean finger) heart.
Amid tight security, members of a judicial commission on Sunday visited the Shahi Jama Masjid in Sambhal and other areas which witnessed violence over a court-ordered survey of the Mughal-era mosque.
Food delivery and quick commerce (qcom) service application (app), Zomato, now commands a market capitalisation (mcap) higher than automobile giants Tata Motors and Bajaj Auto. Zomato, whose shares closed 1.18 per cent lower on Thursday at Rs 288.45 per share, has an mcap of Rs 2.78 trillion, according to BSE data. By comparison, Tata Motors' mcap stood at Rs 2.74 trillion, while Bajaj Auto's was Rs 2.5 trillion on the BSE.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
