In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.
Tamil Nadu Dragons beat Sharchi Rarh Bengal Tigers 2-1 in a closely-contested match to go top of the table in the Hockey India League.
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.
In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.
Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.
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The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
Uttam Ghosh wonders when Prime Minister Narendra Damodardas Modi's promise of Acche Din will become a reality.
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From the Sensex pack, Zomato, IndusInd Bank, NTPC, Infosys, HCL Technologies, Titan, Power Grid, Hindustan Unilever, Tech Mahindra and ITC were among the gainers. On the other hand, Reliance Industries, Nestle India, Tata Motors, Adani Ports, Tata Steel, UltraTech Cement and Kotak Mahindra Bank were the laggards.
Uttam Ghosh offers his take on the Sena versus Ranaut take.
Uttam Ghosh offers his take on Prime Minister Modi feeding peacocks when hundreds of millions of his countrymen have been savaged by the lockdown-ravaged economy.
Uttam Ghosh offers his take on how the Government, the opposition eyes the Galwan valley.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Will the National Monetisation Pipeline revive the economy, which is in deep crisis, wonders Uttam Ghosh.
Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
Uttam Ghosh offers his take on how Trump -- who wants to build a wall between his country and Mexico -- may react to the Gujarat wall on his visit to Ahmedabad on Monday.
Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
How long will Mehbooba be treated thus for her apparent refusal to go along with what the Modi Sarkar want? Uttam Ghosh offer his take on the unsavoury episode.
Uttam Ghosh asks if Mamata Banerjee plans to make the Congress redundant in the run-up to the 2024 elections.
India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.
On the contentious issue of cutting trees in Mumbai's Aarey forest, the BJP and Sena appears to be on opposite sides, as Uttam Ghosh notes in his take on the Aarey controversy.
Trailing by a goal, India pressed hard and won a penalty corner just a minute from the final hooter but Harmanpreet's flick was saved by Mazerelo at the goal mouth.
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
Uttam Ghosh offers his take on the government's decision to transport migrant workers, stranded during the lockdown, to their villages.
Uttam Ghosh offers his take on how the migrants's plight has been aggravated by the erratic management of Shramik trains by the Indian Railways, headed by Railways Minister Piyush Goyal.
Uttam Ghosh offers his take on the BJP's poll promises in Bihar.
Eight persons -- engineers and labourers have been trapped under the collapsed roof of the Srisailam Left Bank Canal (SLBC) tunnel since February 22 and the rescue operations are on in full swing to pull them out to safety .
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.
Uttam Ghosh offers his unique take on the No Jobs-Agrarian Distress state of the economy.
South Central Railway has joined the rescue teams that are engaged in locating the eight persons who remain trapped in the partially collapsed SLBC tunnel for the past six days, with necessary equipment, a senior official said on Friday.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
Uttam Ghosh offers his take on the decisions by the governments of Uttar Pradesh and Madhya Pradesh to file cases against several senior journalists and asks what happened to Narendra Damodardas Modi's commitment to free speech.
India's merchandise exports in November dipped by 4.85 per cent to $32.11 billion against $33.75 billion a year ago, according to government data released on Monday. Imports increased by 27 per cent to $69.95 billion in November compared to $55.06 billion in the year-ago month.
A man allegedly poured petrol and set his wife ablaze in Maharashtra's Parbhani district after she gave birth to the couple's third daughter, a police official said on Saturday.
