MUMBAI: Muthoot Fincorp has approved plans to raise up to Rs 4,000 crore through an initial public offering of equity shares and a share split, as part of a broader capital-raising programme cleared by its board on May 16, even as the company reported growth in its latest financial results.In an exchange filing, the company…
The Baha’i community in India has been deeply distressed by the war in Iran, which has seen an uptick in persecution of Iranian Baha’is. Many Indian Baha’is originally came from Iran and continue to have relatives in that country.With the Islamic Republic regime tightening its grip and brutally crushing any internal opposition during the conflict,…
MUMBAI: Veteran banker KV Kamath is now the chairman of Jio Financial Services, helping guide its expansion in a crowded market. Kamath, credited with turning ICICI from a staid development financial institution into an aggressive retail powerhouse, remains upbeat on India and technology. Excerpts:PM Modi’s appeal to defer gold purchases and conserve fuel is seen…
Oil prices extended their rally on Monday, jumping more than 2% as intensifying geopolitical tensions kept traders on edge and efforts to de-escalate the Middle East conflict showed little progress. Sentiment was further shaken after reports of an attack on a nuclear power plant in the United Arab Emirates. Alongside this, US President Donald Trump…
NEW DELHI: Around half of India’s online fashion and beauty shoppers are now Gen Z, and platforms are rapidly realigning to keep pace. Significantly, the cohort also boasts 1.5x the e-retail spend share on categories such as lifestyle, beauty, and electronics compared to other age groups, driving growth in a market that has more than…
White House on Sunday released a fact sheet on US President Donald Trump’s visit to China, outlining agreements on trade, investment and the Iran crisis but making no mention of Taiwan despite the issue dominating discussions during Trump’s meetings with Chinese President Xi Jinping.According to the fact sheet, the two countries agreed to establish new…
MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…
RCB qualify for playoffs; DC’s chances rise. (Pics credit: IPL) With 8 games remaining in the league stage, LSG and MI are already out of contention for the playoffs. RCB have qualified and GT can only miss out through the net run rate route while SRH would have to do really badly from here on…
PBKS co-owner Preity Zinta with skipper Shreyas Iyer after the match. (Video grab) NEW DELHI: Punjab Kings’ alarming slide from early-season dominance to a full-blown late collapse deepened in the ongoing IPL 2026 on Sunday, as a heavy defeat to Royal Challengers Bengaluru marked their sixth straight loss and left their playoff hopes hanging by…
Posts shared by Trump on Truth Social As tensions with Iran continued to escalate and stalled nuclear negotiations showed little sign of progress, US President Donald Trump launched a posting spree on Truth Social, flooding the platform with AI-generated images featuring aliens, missile strikes and outer space warfare.In total, Trump shared around 25 posts on…