Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
A Goa court granted bail to two managers of the 'Birch by Romeo Lane' nightclub arrested in connection with the fire that killed 25 people. Bail was granted with conditions, including not leaving India without permission and cooperating with the investigation.
Raymond Ltd chairman and managing director Gautam Singhania's estranged wife Nawaz Modi Singhania has resigned as a director on the board, according to a statement by the company on Wednesday. Raymond Ltd has announced the resignation of Nawaz Modi Singhania as a director on the Board of the company.
Ajay Gupta, co-owner of Goa's 'Birch by Romeo Lane' nightclub, was questioned in Delhi regarding the fire that killed 25 people. He claimed to be 'only a partner' and was located at a hospital before being detained.
Saurabh Luthra, one of the owners of the North Goa nightclub where a Saturday blaze claimed the lives of 25 people, used social media on Monday to express 'profound grief' and vowed to provide assistance, support and cooperation to the victims' families in 'every possible form'.
Algo trading should be segregated in a separate account with only risk capital deployed.
'Refusal does not invite immediate legal penalty; it invites Constitutional unease.'
Beginning November 1, 2025, bank customers can name up to four nominees for their accounts and lockers.
Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production.
Interpol has issued a Blue Notice against the owners of a Goa nightclub who fled after a fire claimed 25 lives. Police are investigating violations and illegalities related to the nightclub's operation.
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
A preliminary inquiry suggests electric firecrackers caused a devastating nightclub fire in Goa, resulting in 25 deaths. The incident has exposed illegalities and lax enforcement of safety rules.
A jampacked nightclub in North Goa turned into a death trap around midnight as a massive fire tore through it, claiming 25 lives and bringing to the fore illegalities along with the laxity of government officials in enforcing rules.
Saurabh and Gaurav Luthra, the owners of the Goa nightclub wanted in connection with the fire tragedy that claimed 25 lives at the facility, have fled to Thailand, prompting police to seek the help of Interpol to trace them, officials said in Panaji on Monday.
Car restoration service provider Super Car Club Garage (SCCG), backed by Raymond chairman and managing director Gautam Singhania, has sought the Centre's green light for a licence to import foreign vehicles for restoration and subsequent re-export.
Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.
More Indians start car shopping online, pushing automakers and dealers to respond quickly, train staff, and use AI to turn clicks into showroom visits.
Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.
The 52-year-old driver, Atish Shah, lost control of the wheels, and as a result, the car skidded on the road and rammed into the divider, he said.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
'Begin with a small investment, observe performance, then scale up gradually.'
Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors' sentiment.
Billionaire Gautam Singhania on Monday announced separation from wife Nawaz, saying the two have decided to pursue different paths. Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. "This Diwali is not going to be the same as many in the past," Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts.
Kush Maini creates history with Sprint Race victory at iconic Monaco GP
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
The 34-year-old techie ended his life on December 9 in Bengaluru, alleging harassment at the hands of his estranged wife and her family.
The Supreme Court has directed the wife of a Bengaluru-based engineer, who died by suicide last year, to produce their minor son before the court. The bench hearing the habeas corpus petition filed by the engineer's mother wants to see the child and has asked the wife's lawyer to produce the child through video-conferencing. The court previously denied custody of the child to the grandmother, stating she was "stranger to the child".
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).
The estranged wife and family members of a deceased engineer, who accused them of harassment in his suicide note, have filed anticipatory bail pleas in the Allahabad High Court. The move follows a summons issued by Bengaluru City Police to the engineer's wife, asking her to appear within three days. The engineer died by suicide in Bengaluru on Monday, allegedly due to harassment by his wife and her family. A case of abetment to suicide has been filed against them.
The Bengaluru police have arrested three people, including the estranged wife of senior tech executive Atul Subhash, who died by suicide recently.
As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.
A four-member Bengaluru City Police team led by sub-inspector Sanjeet Kumar arrived at Singhania's residence in the Khowa Mandi area in this Uttar Pradesh district around 11 am and pasted the notice for her summons.
Stock markets will be mainly driven by quarterly earnings by corporates, foreign fund flows and global trends this week, analysts said.
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.
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
Investors would track a host of macroeconomic data announcements scheduled this week, including inflation numbers, and also monitor global market trends, and trading activity of foreign institutional investors, analysts said. The ongoing quarterly earnings announcements and the rupee-dollar trend would also influence the markets.
The mother-in-law and brother-in-law of Atul Subhash, a techie who committed suicide in Bengaluru, have fled their home in Jaunpur, Uttar Pradesh. The techie's death has sparked controversy, with allegations of harassment from his estranged wife and her family. Police are investigating the matter.
"Multi-hyphenation is the future. Everybody should do everything. After all, we have one life," says Chef Ranveer Brar.
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