Jio IPO: Akash Ambani said telecom connectivity covers 99 per cent of the population in India but satellite connectivity also has its uses in maritime, aviation and some of the remotest regions.
The plan involves monetising part of the SP Group’s approximately 18.4% stake in Tata Sons, held through Sterling Investments Corp and Cyrus Investments.
SDTT came under scrutiny following a boardroom confrontation at Tata Sons on September 17. Earlier this year, SRTT was frozen by the Charity Commissioner over alleged violations of norms.
Tax officials are examining if this relief applies to bulk Scotch concentrates imported in containers and used to produce brands like Royal Stag, Blenders Pride, and McDowell’s.
This exercise follows the Reserve Bank of India’s rejection of Tata Sons’ application to surrender its registration as a core investment company.
Asserting that measuring philanthropy strictly by people reached or money spent is no longer enough, Noel Tata emphasized that the Trusts must be judged on what changes as a result of their work.
The private lender said it had not considered the Supreme Court ruling on additional tier-I (AT-I) bonds amounting to Rs 8,415 crore in its quarterly results, for now.
HDFC Bank is set for a complete makeover in the top management in coming months, as deputy MD Kaizad Bharucha also announced his intent to step down end of December.
Bharucha, a foundational pillar of the institution who spent over three decades shaping its growth and stability, submitted a formal request to step down from his role at the close of business hours on December 31, 2026.
Kashiram Jadhav, director of Aayush Wellness, said the product was part of the company’s focus on preventive healthcare and nutritional supplements.
The ministry has said the legislative history of the IDBI (Repeal) Act, 2003, a Delhi High Court judgment and successive Union Budget speeches collectively demonstrated the evolution of the government's policy towards strategic disinvestment of the bank.
Emirates NBD completed its acquisition of a majority stake in RBL Bank on June 18, 2026, through a primary capital infusion of approximately $2.75 billion, or ₹26,000 crore.
Speaking at a briefing on Jio Platforms' upcoming initial public offering (IPO) on Thursday, Isha said the idea took shape around 2009-2010, when she and her brother Akash Ambani were studying in the US and had returned to Mumbai for a break.
The Supreme Court on Thursday ordered the restoration of Yes Bank’s Additional Tier-1 (AT-1) bonds, which the lender has said will impact its CET-1 capital ratio by 250 bps, including profits.
The company is looking to expand participation in the offering by turning employees, and potentially their family members, into shareholders of Jio Platforms
Bela Bajaria’s departure was announced alongside the appointment of Peter Rice, the former Walt Disney Company general entertainment chairman, as her replacement.
Prem Watsa also praised Prime Minister Narendra Modi’s focus on economic growth, saying he had met him one-on-one around 10-12 times since 2014.
DIPAM Secretary says transaction to be completed this fiscal year, foreign investors can always bid for disinvestment deals.
Starlink is operationally ready to begin satellite internet services in India but is still waiting for the remaining government clearances.
Ratan Tata was advised to list Tata Sons in the early 2000s. He was even hounded by investment bankers who built various enticing scenarios, hoping to make it happen, writes Thomas Mathew in his book 'Ratan Tata: A Life'
The Bharti Enterprises founder said India’s technology, energy, young population and large market would create significant opportunities, as he recalled his early telecom bet and later efforts to convince then UK Chancellor Rishi Sunak on OneWeb
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