Actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) in a money laundering case related to realty group Surana group and Sai Surya Developers. The actor is accused of receiving over Rs 5.5 crore for appearing in advertisements for the Surana Group. The ED earlier found illegal transactions worth Rs 100 crore and seized Rs 74.5 lakh in cash during searches at Surana group's affiliated companies. Surana Group is accused of fraud under the guise of real estate ventures and is alleged to have caused financial losses to numerous investors.
Confusing academic freedom with the right to free speech of an individual and expecting unconditional institutional support is not realistic. Academic freedom provides an opportunity for an academic to pursue their passion and contribute to the society through the outcome of their research and/or thought process, points out N Ravichandran.
The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.
Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.
It's the season of star kids, and it continues with Chunky Pandey's nephew Ahaan Pandey getting ready for his Bollywood debut with this Friday's release, Saiyaara.
Pakistan Prime Minister Shehbaz Sharif met with Turkish President Recep Tayyip Erdogan to review bilateral relations and reaffirm their commitment to strengthening their strategic partnership. The two leaders discussed joint ventures and enhanced bilateral investment in key sectors, aiming to achieve a $5 billion annual bilateral trade target. They also expressed gratitude for mutual support during recent tensions with India. The meeting was described as "warm and most cordial," highlighting the deep-rooted historical ties between Pakistan and Turkey.
'An HAL-private sector tieup is a possibility.'
Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.
A Reuters report stated that the high-profile meeting reflects Ambani's growing influence in global business and diplomacy. Over the years, Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in several Reliance ventures.
'It will be an explosion of zoonotic diseases from these places.' 'People will not be able to live or work for kilometres around these places where thousands of street dogs are kept.'
Audiences will hope that Rajinikanth's Coolie, Lokesh Kanagaraj's action film and Rajkumar Hirani's Dadasaheb Phalke biopic are not marred by Aamir Khan's disconcerting, repetitive performances. Aamir's real strength lies in championing stories that challenge conventions and are considered risky by mainstream filmmakers.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.
The killings of Gopal Khemka and his son Gunjan, seven years apart, bear a striking resemblance, reports M I Khan.
A Liberian cargo ship carrying 640 containers, including 13 hazardous cargoes, has sunk off the coast of Kerala, raising concerns of environmental damage. The ship, MSC ELSA 3, capsized and sank in the early hours of May 25 after listing rapidly. The three remaining crew members were rescued by the Indian Navy. The Indian Coast Guard is monitoring the situation for any oil spills and has positioned a ship with pollution response equipment at the scene. The ship was carrying 84.44 MT of diesel and 367.1 MT of furnace oil, in addition to the hazardous cargo. The Kerala State Disaster Management Authority has cautioned the public against touching any cargo containers or oil spills that may wash ashore.
Dining today isn't just about food -- it's about the experience and the story.
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
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.
No author in the Malayalam literary canon has influenced and profoundly changed the way normal people interact with each other than the ever-relevant, eclectic yet elusive body of work left behind by MT Vasudevan Nair, notes Arjun Menon.
Aamir Khan sure knows how to rally support for his son Junaid's debut big screen venture, Loveyapa.
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
'We are Indians irrespective whether we are Punjabi, Gujarati, Bengali, Malayali or Tamilian.' 'I am the best example of this integration.'
'The defence forces have come up with certain problems they face in the drone space.' 'Recently we had a meeting at which they presented the problems to many of our start-ups and faculty.' 'Some of the start-ups have started working on the problems.'
Sarkar made his directorial debut with Parineeta in 2005. He also directed Laaga Chunari Mein Daag (2007), Lafangey Parindey (2010), Mardaani (2014) and Helicopter Eela (2018).
ECB should offer BCCI minority ownership in Hundred to attract Indian players: Lancashire CEO
Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.
The video shows Dhanush running through dark alleys with a Molotov cocktail in his hand.
Electric cab-hailing platform BluSmart remained non-operational on Thursday across Delhi-NCR, Bengaluru, and Mumbai, as the market regulator cracked down on its co-founder over alleged misuse of funds at an affiliated company. BluSmart app, that offered more than 8,000 taxis in the three metros, stopped taking bookings on Wednesday evening and remained unoperational on Thursday as well.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
'I am not a greedy film person, even as an actor.' 'While my contemporaries Dharmendra and Shashi Kapoor acted in nearly 300 films each, I've done hardly 35 films in my entire career.'
The first quarter has scored mostly flops, with just one blockbuster (Chhaava) and a smattering of those which have recovered costs.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
As per the ED, a website was engaged in unauthorised online betting in various sports including tennis, cricket, soccer, basketball, badminton and boxing, and live-streamed Indian Premier League matches without any permission.
'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.'
'It's really creditable to these guys who said, "You can do what you want. We are not going to replace her".'
Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.
