MUMBAI: In three companies – One97 Communications (Paytm), Aether Industries, and KFin Technologies – institutional shareholders and promoters are selling large chunks of their holdings to raise about Rs 3,900 crore, term sheets for the deals showed.In Paytm, Antfin (Netherlands) Holding, one of the early investors in the digital payments solutions pioneers in India, is…
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the National Company Law Tribunal (NCLT), which had rejected SNJ…
NEW DELHI: Jammu and Kashmir chief minister Omar Abdullah condemned the the dastardly terror attack in Pahalgam in a moving speech during the special session of the state assembly on Monday. Abdullah said that he has no face to ask statehood for J&K after the terror attack that claimed 26 lives.“I will not use this…
It's a competitive scenario between RIL and a consortium including Sunil Mittal of the Bharti Group, similar to their existing rivalry in the telecom sector. Reliance Industries Ltd (RIL), under Mukesh Ambani‘s leadership, has positioned itself as a key contender for acquiring a substantial stake in Haier’s Indian operations. The Chinese consumer electronics manufacturer is…
TOI River Dialogues 2025 began in Lucknow on Monday, bringing together policymakers, innovators, corporate leaders, and communities. Impactful discussions were held on initiatives such as Namami Gange, as well as advanced technologies, and community-driven conservation.Speaking at TOI River Dialogues, Dr Pritam Ranjan of IIM Indore suggested that a water management programme could help mitigate an…
Defence stocks: Experts indicate that Pakistan-related tensions are short-lived without substantial changes warranting immediate investment. (AI image) Defence stocks in India rallied between 5% to 11.5% on April 28, due to growing India-Pakistan tensions and the anticipated announcement of the Rafale-M fighter aircraft agreement.Several defence-related companies, including Paras Defence, Garden Reach Shipbuilders, Data Patterns, Cochin…
NEW DELHI: A bomb threat was reported at Kerala chief minister Pinaryi Vijiyan’s office, and his official residence, on Monday. Authorities quickly responded, and a bomb squad is currently conducting a thorough search of both locations. The chief minister’s office (CMO) confirmed the ongoing operation.This is a developing story… Source link
Modi government is considering moving forward with several hydroelectric initiatives. India is looking to expedite five significant hydroelectric power projects in Jammu & Kashmir, following its decision to keep the Indus Waters Treaty suspended. These projects can progress more rapidly without the previously required Indus Waters Treaty approval process.Sources told ET that the government is…
Stock market today (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Monday. While BSE Sensex went above 79,600, Nifty50 crossed 24,150. At 9:20 AM, BSE Sensex was trading at 79,582.96, up 370 points or 0.47%. Nifty50 was at 24,131.35, up 92 points or 0.38%.In this shortened…
NEW DELHI: BJP MP Nishikant Dubey has raised concerns about what he describes as a “new face of Pakistani terrorism“, claiming that more than five lakh Pakistani women have entered India through marriages.In a social media post on X, Dubey said that the girls are yet to receive their Indian citizenship.“A new face of Pakistani…
