SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.
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SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
A 94-year-old woman, K Mahalakshmamma, who lived in the United States for over two decades, has renounced her American citizenship to return to her native village in Andhra Pradesh and die as an Indian citizen. She underwent an oath-taking ceremony before the Bapatla District Collector, and her application for Indian citizenship restoration has been forwarded to the Ministry of Home Affairs.
The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.
A man was allegedly stabbed to death in a park in east Delhi's Kondli area following an altercation with three juveniles. Police have apprehended the three accused, and an investigation is underway to determine the exact sequence of events that led to the fatal incident.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
Successful interceptor, anti-ship, MIRV and hypersonic technology tests have strengthened India's position among a select group of advanced missile powers.
Indian drag-flicker Deepika Sehrawat discusses her challenging journey back to hockey after a serious hamstring injury, her emotional struggles during rehabilitation, and her triumphant return as the joint top scorer in India's FIH Nations Cup victory.
A 24-year-old married woman was found dead under suspicious circumstances in her Madanpur Khadar home in southeast Delhi. Police have initiated legal proceedings, including a post-mortem, as the death occurred within seven years of marriage, and foul play has not been ruled out.
The launch highlights the growing maturity of India's nuclear medicine ecosystem.
The EC also underlined that for electors whose enumeration forms have not returned, the Booth Level Officers (BLOs) would identify a probable cause, such as absent, shifted, dead and duplicate entry based on an inquiry from the nearby electors and would note the same.
British Prime Minister and Labour Party leader Keir Starmer has announced his resignation, stating he will remain in post until a successor is elected by mid-July. The decision follows questions from his parliamentary party regarding his leadership for the next general election, with Andy Burnham widely tipped as a potential successor.
The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, prioritising it over motorised vehicle movement, and has called for the establishment of a regulatory body to ensure its enforcement and provide restitutionary remedies for violations.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. The USD 20 billion plan includes lunar rovers and drones for experiments to help master skills to live and operate in the dangerous environment.
A revenue official in Palghar district, Maharashtra, was arrested by the Anti-Corruption Bureau for allegedly demanding and accepting a bribe of Rs 45,000.
Tier-II, Tier-III, and rural regions accounted for 62 per cent of all new health insurance policies sold by insurers so far in 2025-26 (FY26), according to a Policybazaar report. These regions are also witnessing a rise in the sum assured opted by customers.
'If the targets become unscientific and unjust, Then, just to meet CAFE-III regulation, a small car -- which produces a very low absolute carbon dioxide -- will have to be discontinued.'
US Marines boarded and searched a commercial ship, M/V Blue Star III, in the Arabian Sea on suspicion of violating the US blockade of Iranian ports, later releasing it after confirming it was not headed to Iran.
As the rupee weakens, wealthy families are accelerating investments in global assets.
Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.
India's organised gold jewellery retail sector is projected to experience a 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, due to elevated gold prices and a recent import duty hike, according to a Crisil report.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.
A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.
New York City Mayor Zohran Mamdani said he would encourage King Charles III to return the Koh-i-Noor diamond.
British Prime Minister Keir Starmer contacted US President Donald Trump to express his relief following a shooting incident near the White House Correspondents Dinner. The leaders also discussed the need to restore freedom of navigation in the Strait of Hormuz.
New York City Mayor Zohran Mamdani is under fire for his handling of King Charles III's visit, particularly his call for the return of the Koh-i-Noor diamond, which has been labelled as 'rude' and inappropriate.
New York City Mayor Zohran Mamdani has called on King Charles III to return the Koh-i-Noor diamond, a contentious issue between India and the UK.
New York City Mayor Zohran Mamdani has called on King Charles III to return the Koh-i-Noor diamond, a contentious issue between India and the UK.
King Charles III reaffirmed the enduring strength of the US-UK alliance, underscored NATO's centrality to global security, and shared light-hearted moments with President Donald Trump during a White House state dinner.
The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.
A court in Bulandshahr, Uttar Pradesh, has sentenced four men to life imprisonment in connection with a 2018 murder case. The case involved the killing of Jogendra, stemming from an old rivalry.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
A Kerala court has dismissed the bail plea of five individuals accused of attacking vehicles carrying Enforcement Directorate (ED) officials. The court cited the severity of the attack, potential impact on society, and ongoing investigation as reasons for denying bail.
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.
A local court in Kaushambi, Uttar Pradesh, sentenced a man to life imprisonment and imposed a fine of Rs 30,000 in connection with a 1996 murder and robbery case.
Companies with "gas guzzlers" are trying to set up the wrong narrative against small cars getting relaxation in the proposed corporate average fuel efficiency (CAFE-III) norms on the basis of weight, Maruti Suzuki senior executive officer corporate affairs Rahul Bharti said on Monday, bringing to the fore deep division among carmakers regarding the upcoming rules.
Growth in AI engineering hiring is being driven by rapid AI adoption across organisations of all sizes, said the LinkedIn report.
