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The transaction remains subject to regulatory approvals and fulfilment of other customary conditions.
Updated : May 17, 2026

Prudential to acquire 75% stake in Bharti Life from Bharti Enterprises

The transaction comes at a time when India’s life insurance sector is witnessing rapid expansion, aided by rising digital adoption, greater awareness around financial protection and increasing demand for insurance products.

Bike taxi operations have faced repeated regulatory and legal challenges across several states, including Maharashtra.
Updated : May 16, 2026

Why has Maharashtra ordered action against Ola, Uber and Rapido Bike taxi services?

Maharashtra’s move against Ola, Uber and Rapido has sparked confusion after reports claimed the platforms were being shut down in the state. However, the government's action is focused specifically on alleged unauthorised bike taxi services, raising broader questions around regulation and legality.

TCS CEO K Krithivasan gets salary jump despite job cuts
Updated : May 16, 2026

Despite massive job cuts, TCS CEO gets salary hike. What he drew in FY26 will blow your mind

The hike in Krithivasan's salary comes even as TCS ended FY26 with 5.84 lakh employees on its rolls compared to 6.07 lakh last year.

One-third of Tata Sons’ board is accounted for by Tata Trust nominees.
Updated : May 16, 2026

Face-off at Tata Trusts expected to last as Noel Tata & Venu Srinivasan slug it out

No clarity yet on when the board will meet. Expected to have repercussions on Tata Sons’ board meeting in June.

Anil Kakodkar, former Atomic Energy Commission Chairman.
Updated : May 16, 2026

Why nuclear scientist Anil Kakodkar bats for US-based thorium fuel tech for India?  

The Kalpakkam Fast Breeder Reactor’s achievement has put the spotlight on utilising the vast thorium resources in India. Can US-based start-up Clean Core Thorium Energy (CCTE) tech expedite India’s nuclear programme?

The latest development marks the second postponement of the meeting. Last week, a planned board meeting to reconsider nominations to the Tata Sons board had also been deferred
Updated : May 15, 2026

Why Tata Trusts’ key board meeting is stopped again amid Tata Sons listing & governance tensions

In a directive issued to the board of trustees, Maharashtra State Charity Commissioner Amogh S Kaloti said an inspector inquiry had already been ordered following complaints regarding the composition of the Board of Trustees of Sir Ratan Tata Trust (SRTT), and that a report was awaited. 

While the Finance Ministry's approval is a critical hurdle, the transaction remains subject to final clearance from the Reserve Bank of India (RBI) and the completion of customary closing conditions.
Updated : May 15, 2026

Finance Ministry clears Emirates NBD’s $3 billion acquisition of RBL Bank 

In a stock exchange notification on May 15, 2026, RBL Bank confirmed that the Ministry of Finance has approved the investor’s proposal to hold between 49% and 74% of the bank's total paid-up equity share capital. 

Foreign ownership in Swiggy is around 60%
Updated : May 15, 2026

Why Swiggy wants to stop being called ‘foreign-controlled’

By reducing foreign control and transitioning to IOCC, Swiggy could gain operational flexibility, better unit economics and greater scale in India’s rapidly evolving quick commerce market.

Gautam Adani and Sagar Adani to pay $18 million over SEC fraud case
Updated : May 15, 2026

Gautam Adani, nephew Sagar Adani to pay $18 million in SEC fraud case

The SEC had sued in November 2024, alleging that Gautam Adani led efforts to pay or promise bribes to Indian officials to secure contracts for Adani Green's solar power project.

A resolution of the cases would mark a significant boost for the Adani Group, whose businesses span coal mining, renewable energy and airports.
Updated : May 14, 2026

US authorities moving to end fraud prosecution against Gautam Adani: Report

According to reports, the Justice Department could move to effectively drop the criminal charges since the defendants remain outside the US. However, any settlement with the SEC is likely to involve a monetary penalty. 

Air India’s financial performance comes at a time when airlines globally continue to grapple with elevated costs and operational disruptions.
Updated : May 14, 2026

Air India reports ₹26,765 cr loss, biggest since Tata Group takeover amid cost pressures, route cuts

Air India has reported its biggest annual loss since returning to the Tata Group, highlighting the financial strain caused by rising fuel prices, airspace restrictions and operational disruptions. The airline’s losses come even as it pushes ahead with a large-scale transformation and fleet modernisation programme.

JSW Steel bets big on India growth story with Rs 24,000 crore expansion push
Updated : May 14, 2026

JSW Steel to spend up to Rs 24,000 crore on expansion amid India's infra boom

The expansion plans come as the Centre accelerates spending on highways, ports, airports and logistics networks to support economic growth and its goal of making India a developed economy by 2047.

In simple terms, warrants are like stock options. Promoters receive the right to acquire fresh shares from the company at a predetermined price by initially paying 25% upfront. (AI generated)
Updated : May 14, 2026

Smart money signal? Here’s what warrant conversions at premium hints about corporate confidence

According to brokerage Angel One, when promoters subscribe to warrants using their own capital, it signals confidence in the company’s prospects and often improves sentiment among retail investors

Sunil Bharti Mittal said he wants to pass on the reins of Airtel in the coming years
Updated : May 15, 2026

Sunil Bharti Mittal wants to hand over the reins of Airtel to the next gen in 10 yrs

Sunil Bharti Mittal said the belief remains that everything should be held through one company, acting as the controlling promoter shareholder,

According to the Sebi, the UPSI period lasted from September 8 to September 25, 2023, before the Burman Group’s open offer for a 26% stake in REL at Rs 235 per share was publicly announced.
Updated : May 13, 2026

SEBI finds Rashmi Saluja guilty of insider trading in Religare shares, orders Rs 1.99 cr disgorgement

SEBI has held former Religare Enterprises chairperson Rashmi Saluja guilty of insider trading in the company’s shares linked to the Burman family’s open offer announcement. The market regulator ordered disgorgement of Rs 1.99 crore and imposed a Rs 40 lakh penalty.

Sir Ratan Tata Trust (SRTT) holds a 23.56% stake in Tata Sons, while Tata Trusts collectively own around 66% equity in the group holding company.
Updated : May 13, 2026

Bombay HC allows withdrawal of plea challenging Sir Ratan Tata Trust structure

A division bench of Justice Advait Sethna and Justice Sandesh Dadasaheb Patil permitted petitioner Suresh Tulsiram Patilkhede to withdraw the plea. During the hearing, the bench observed that the petitioner “has not been fair” and noted that he lacked the locus to maintain the petition before the court.

In high-risk war zones, foreign insurers and reinsurers often either sharply increase premiums or withdraw coverage entirely. This creates major problems for countries dependent on imports and exports
Updated : May 12, 2026

Bharat Maritime Insurance Pool launched -- why India has floated a $1.5 bn shipping risk cover

India has launched the Bharat Maritime Insurance Pool (BMIP), a $1.5 billion government-backed maritime insurance mechanism aimed at protecting shipping and trade operations during geopolitical crises and war-like situations. The move comes amid rising West Asia tensions and concerns over disruption in global maritime insurance coverage.

Tata Chemicals CEO R Mukundan takes charge as new CII President
Updated : May 12, 2026

Meet CII's new leadership team: Tata Chemicals CEO R Mukundan takes charge as president

R Mukundan succeeds EY India Chairman Rajiv Memani, who served as CII president for 2025-26.

Nearly 98% of India’s home services market still operates offline, making it one of the country’s largest untapped digitisation opportunities.
Updated : May 12, 2026

Are Snabbit, Urban Company, and Pronto fighting India’s next app war?

As convenience moves beyond groceries, startups are racing to digitise India’s fragmented home services market.

PwC backs PM Modi's austerity push, asks staff to limit business travel
Updated : May 12, 2026

'Travel only if clear business need': PwC tells employees after PM Modi's save fuel appeal

The consulting firm said it had taken note of Prime Minister Narendra Modi's appeal for "restraint and responsible consumption" as part of a broader push for fiscal prudence and austerity.

Edible oil prices are indirectly linked to the volatility in crude oil prices.
Updated : May 12, 2026

Can reducing cooking oil save India’s forex reserves?

India’s total demand for edible oil is 27 million tonnes annually. While the domestic production is about 11 million tonnes, around 16 million tonnes of vegetable oil are imported each year

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