June 27, 2025 11:06 IST
The transaction is based on a total enterprise value of approximately €1.4 billion, representing earnings multiple (EV-EBITDA) of 22 times, and includes Akzo Nobel’s liquid paints and coatings business in India
Fri, Jun 27, 2025June 26, 2025 22:27 IST
Number of family offices rises from 45 to 300 in 7 years
Thu, Jun 26, 2025June 26, 2025 10:01 IST
The action against the BSE has come at a time when the National Stock Exchange (NSE) was facing regulatory action in the co‑location case.
Thu, Jun 26, 2025June 26, 2025 00:56 IST
Some of the lenders to BPSL have also filed separate review petitions. The court’s decision has raised concerns over the finality of resolution processes under the IBC and the fate of already-implemented plans.
Thu, Jun 26, 2025June 26, 2025 00:51 IST
According to a letter issued by Saswata Mishra, Principal Secretary of the Finance Department, Odisha government, the decision was driven by the banks' "consistently poor performance" in key flagship schemes over the past two financial years, along with "generally unsatisfactory banking parameters".
Thu, Jun 26, 2025June 25, 2025 15:54 IST
Jio was the biggest risk that the Reliance Industries conglomerate took on Mukesh Ambani's watch since the group was using its own funds at a time when some analysts thought India was not ready for the most advanced digital technology, RIL Chairman Mukesh Ambani said in an interview.
Wed, Jun 25, 2025June 24, 2025 12:56 IST
"No one from the Adani Group has been charged with violating the FCPA,” says Adani Group Chairman Gautam Adani
Tue, Jun 24, 2025June 22, 2025 22:04 IST
There are at least five avenues through which compensation can be claimed. Among them, compensation provided by Air India through its insurance coverage is mandatory.
Mon, Jun 23, 2025June 19, 2025 21:58 IST
The decline was primarily driven by persistent geopolitical uncertainty and a hawkish stance from the US Federal Reserve, making the dollar more attractive.
Thu, Jun 19, 2025June 18, 2025 00:02 IST
Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.
Wed, Jun 18, 2025June 17, 2025 20:53 IST
The rise in premium is expected to impact importers of commodities and exporters from ports in Gujarat and Maharashtra.
Tue, Jun 17, 2025June 17, 2025 04:00 IST
This isn't McKinsey's first engagement with the consulting firm. Its relationship with Air India started almost eight years ago
Tue, Jun 17, 2025June 15, 2025 20:39 IST
We are also worried about higher claims in health segment… the treatment that you get will be the same but the cost will go up when you have a policy…. this needs to change.
Mon, Jun 16, 2025June 15, 2025 10:40 IST
Industry is also willing to create an insurance pool, on the lines of nuclear facilities, to cover defence assets, provided the government gives a guarantee
Sun, Jun 15, 2025June 14, 2025 11:22 IST
Air India crash compensation update: Medical expenses of those were injured in the crash will also be met by the group
Sat, Jun 14, 2025June 13, 2025 20:25 IST
Aircraft maintenance standards of Indian carriers have long faced scrutiny, but the tragic crash of the Boeing 787-8 Dreamliner—the deadliest aircraft disaster involving an Indian airline plane in decades—is likely to intensify focus on these long-standing concerns.
Sat, Jun 14, 2025June 13, 2025 05:00 IST
As per the Montreal Convention treaty, the Air India will have to pay a compensation of around Rs 1.5 crore each to the kin of victims of the plane crash.
Fri, Jun 13, 2025June 12, 2025 01:44 IST
The Trust had last week called for the suspension and prosecution of HDFC Bank MD and CEO Sashidhar Jagdishan, accusing him of involvement in a series of financial frauds concerning the Trust.
Thu, Jun 12, 2025June 10, 2025 22:10 IST
Indian insurers reported a gross premium underwritten of Rs 5,535 crore in FY2025 in the marine insurance segment. Of this, Rs 3,940 crore was for marine cargo insurance.
Wed, Jun 11, 2025June 10, 2025 06:35 IST
Over 100 brokers earlier reportedly received Sebi warnings for allowing APIs (application programming interface) of an algo provider, which allegedly provided assured returns
Tue, Jun 10, 2025June 06, 2025 12:53 IST
CRR is the portion of bank deposits to be kept with the RBI. It does not carry any interest rate. The cut in CRR cut and Repo rate is expected to bring down interest rates in the financial system.
Sat, Jun 07, 2025June 06, 2025 11:41 IST
The uncertainty around the global economic outlook has somewhat ebbed since the MPC meet in April in the wake of temporary relief and the optimism around trade negotiations.
Sat, Jun 07, 2025June 06, 2025 10:45 IST
RBI Monetary Policy Meeting Repo Rate Announcements June 2025: Cash reserve ratio cut by 100 basis points to 3 per cent
Sat, Jun 07, 2025June 06, 2025 03:00 IST
It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.
Fri, Jun 06, 2025June 03, 2025 20:43 IST
Apart from HDB Financial, five more companies have received Sebi’s go ahead to raise funds through IPOs. These include Vikram Solar, A-One Steels India, Shanti Gold International, Dorf-Ketal Chemicals, and Shreeji Shipping Global Ltd.
Tue, Jun 03, 2025