Mumbai: Tata Capital’s board has given its nod on Tuesday for the financial company to go public, setting the stage for one of the largest IPOs in the country this year. The offering will comprise a fresh issuance of up to 23 crore shares along with a stake-sale by existing shareholders.While the exact value of…
A 6.1-magnitude earthquake struck off the coast of Indonesia’s Sulawesi island early Wednesday, the United States Geological Survey (USGS) reported. No immediate damage or casualties were reported.The quake occurred at 6:55 am local time (2255 GMT) at a depth of 10 kilometres (6.2 miles), with its epicentre offshore near North Sulawesi province, according to USGS…
MUMBAI: In a major rollback of its curbs on lending to non-bank finance companies, RBI on Tuesday lowered risk weights for bank credit to NBFCs and microfinance loans.A lower risk weight encourages lenders as they now need to set aside less capital as a buffer, increasing their lending capacity. In Nov 2023, RBI had raised…
Vick Kaushal starrer ‘Chhaava’ has completed a 12-day run at the box office The film based on the novel with the same title shows the Maratha warrior valor in the form of Chhatrapati Sambhaji Maharaj, the son of Shivaji Maharaj. The movie had an impressive opening at the box office, making it the biggest opener…
File photo of Sajjan Kumar (Pic credit: PTI) NEW DELHI: A Delhi court Tuesday awarded two life terms to Congress ex-MP Sajjan Kumar (80) for murdering a Sikh man and his son during the anti-Sikh riots in Nov 1984. The court said the offences committed were “undoubtedly brutal and reprehensible”.The two life terms – one…
PRAYAGRAJ/VARANASI: The city of Prayagraj became the spiritual epicentre for 45 days, welcoming more than 64 crore people in a colossal pilgrimage. Now, as Maha Kumbh draws to a close after Wednesday’s Maha Shivratri snan, the sacred hum of prayers will fade. The makeshift settlements along Triveni Sangam will be dismantled. The city will slowly…
NEW DELHI: In a rare surgical procedure, doctors at AIIMS successfully conducted a procedure to separate a ‘parasitic twin’ weighing 15 kg from a 17-year-old boy hailing from UP’s Unnao district. The occurrence of conjoined twins is notably uncommon, with frequencies of 1 in 50,000 to 100,000 births. In certain instances, incomplete development results in…
NEW DELHI: Supreme Court on Tuesday reversed Bihar Legislative Council’s July 26, 2024 decision to expel RJD leader Sunil Kumar Singh from the House for mocking and mimicking chief minister Nitish Kumar, and said the punishment was “excessive and disproportionate” to the nature of his misconduct.While a bench of Justices Surya Kant and N Kotishwar…
NEW DELHI: Holding that the evidence of a child witness stands on the same footing as any other witness if the child is competent to testify, Supreme Court has convicted and sentenced a man to life imprisonment for killing his wife by relying upon the statement of the couple’s seven-year-old daughter who witnessed the incident.A…
File photo of Bangladesh Hindu community members participating in a protest and block the Shahbagh intersection in Dhaka. (Pic credit: PTI) Joining issue with foreign minister S Jaishankar over the “very troubling” incidents of attacks on minorities in Bangladesh, foreign affairs adviser Md Touhid Hossain said it “cannot be an issue for India”, while also…
