Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
West Bengal Chief Minister Mamata Banerjee has declared that the TMC will proceed with its planned sit-in protest against alleged attacks on party leaders and workers, as well as the Railways' hawker eviction drive, despite the police denying permission for the event.
A report by the Association for Democratic Reforms (ADR) reveals a significant increase in West Bengal MLAs with declared criminal cases, rising from 49% in 2021 to 65% in the latest assembly. The report also highlights a rise in the number of 'crorepati' MLAs.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.
In a development that could reshape West Asia's security landscape, US President Donald Trump announced Friday that he will convene an emergency meeting in the White House Situation Room to make a final decision on a broad, multi-part peace deal with Iran.
Haryana's Director General of Police, Ajay Singhal, chaired a review meeting to assess law and order, NEET exam security, and the progress of the drug-free campaign in the state.
An Assam Civil Service (ACS) officer has been arrested on graft charges, with over Rs 1.66 crore in cash and fixed deposits worth another Rs 86 lakh seized, along with investment documents.
'It has always been viewed as a hedge against inflation.'
In a significant diplomatic development, US and Iranian negotiators have reportedly reached a tentative 60-day memorandum of understanding (MoU) aimed at extending a fragile ceasefire and paving the way for formal talks regarding Iran's nuclear programme.
The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.
Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.
Authorities in Baramulla district have attached the property of Rasid-ud-Din Qureshi, a proclaimed offender linked to Hizbul Mujahideen who is currently operating from Pakistan. The attached property is a piece of land measuring two kanals in Lashdaej Nadihal.
Lucknow Super Giants face a crucial rebuilding phase after finishing last in IPL 2026 and Rishabh Pant stepping down as captain. From auction strategy and potential Hardik Pandya interest to coaching changes and retention plans, here's what lies ahead for LSG before IPL 2027.
HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.
In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.
The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.
Tulsi Gabbard has resigned from her position as Director of National Intelligence to support her husband, Abraham Williams, who has been diagnosed with a rare form of bone cancer. Her resignation will take effect on June 30, with Aaron Lukas set to take over as acting intelligence chief.
A look at the key batters to watch at the upcoming ICC Women's T20 World Cup 2026 in England and Wales, highlighting their recent form and potential impact on the tournament.
Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
Eight people have been arrested in Ahmedabad for allegedly stealing 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment. The theft involved a pre-planned racket, with two Akasa Air employees among those arrested. The airline has terminated their services and is cooperating with the police investigation.
The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.
A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.
The Indian rupee depreciated 16 paise to settle at a fresh lifetime low of 96.86 against the US dollar, marking its ninth consecutive session of decline, driven by elevated global crude prices and a strong dollar.
A new report indicates a rise in 'red alert' constituencies in the West Bengal Assembly elections, with a significant number of candidates facing criminal charges.
Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.
ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.
Investments under the framework would remain voluntary for employees.
Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.
The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.
The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.
Much of the credit for Rajasthan Royals' qualification to the IPL 2026 playoffs goes to Jofra Archer.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
Rajat Patidar blasted an unbeaten 93 off 33 balls, before the bowlers ripped through Gujarat Titans' batting as Royal Challengers Bengaluru won Qualifier 1 to reach their second consecutive IPL final.
India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).
