Canadian billionaire Prem Watsa's Fairfax Financial Holdings is set to acquire a 60.72% stake in IDBI Bank for ₹52,878 crore ($5.6 billion), marking a major foreign investment in India's banking sector. Department of Investment and Public Asset Management Secretary Arunish Chawla said the transac...
Local
Mumbai: IDBI Bank's nine-year journey from regulatory restrictions to strategic disinvestment has reached a major milestone, with the government approving the sale of a 60.72 per cent controlling stake to Fairfax Financial Holdings for Rs 52,878 crore. The transaction marks a sig...
government
Mumbai, October 14, 2026: The Technology Development Board (TDB), under the Ministry of Science and Technology, has signed an agreement with Mumbai-based ideaForge Technology Limited to provide ₹151 crore in financial support for developing an autonomous aerial logistics vehicle ...
News
Salaries in India are expected to increase by 9.1% in 2026-27, with non-banking financial companies (NBFCs), energy, real estate and infrastructure sectors likely to offer the highest pay hikes. The growth projection comes despite geopolitical uncertainties and risks surrounding ...
business
Aditya Birla Group Chairman Kumar Mangalam Birla has outlined plans to invest up to $30 billion over the next two to three years across the conglomerate's businesses in India and international markets. Speaking at the Bloomberg New Economy Forum in New Delhi on Tuesday, Birla sai...
business
Mumbai: Reliance Industrial Infrastructure Limited (RIIL) on October 14, 2026, announced its financial results for the second quarter and half year ended September 30, 2026. The company’s consolidated net profit for Q2 FY27 decreased to ₹280 lakh from ₹306 lakh in the same period...
safety
The Bombay Bar Association expressed outrage over police excesses against peaceful protestors in New Delhi and other cities. The treatment of lawyers, including Senior Advocates, during protests was deemed shocking and unacceptable. The BBA emphasized the right to peaceful assemb...
News
India vice-captain Tilak Varma geared up for his first appearance in front of his home crowd in style. Varma, who hails from Hyderabad, drove up to the Rajiv Gandhi International Cricket Stadium on Wednesday in his luxury Orange Lamborghini Urus. The entry made heads turn and a v...
government
Nashik: A major discrepancy has come to light during the Special Intensive Revision (SIR) of electoral rolls, with the ages of 2,70,313 voters across Maharashtra reportedly recorded incorrectly. Of these, as many as 2,37,974 voters belong to Nashik district, accounting for nearly...
business
Mumbai: Hyundai Motor India Limited (HMIL) on Wednesday announced the formal inauguration of its new manufacturing facility in Talegaon, Pune, Maharashtra. The company stated it plans to invest ₹11,000 crore in phases at the facility. Capacity Expansion The Pune plant currently h...
News
In a major player trade deal for the upcoming season of the Indian Premier League (IPL) 2027, fast bowler T Natarajan will return to Sunrisers Hyderabad (SRH), while leg-spinner Zeeshan Ansari will join Delhi Capitals (DC). The development comes following a player trade between t...
parks
The promotional material for the blood donation camp promised wristwatches to donors, violating the National Blood Transfusion Council guidelines
business
Mumbai: Tata Technologies Limited reported a net income of ₹171.4 crore for the quarter ended 30 September 2026. The company's operating revenue increased by 28.4% year-on-year to ₹1,698.8 crore. Financial Performance Operating EBITDA for the quarter stood at ₹273.3 crore, markin...
