The Insolvency Appellate Tribunal has not granted an interim stay on Vedanta’s challenge to the NCLT’s approval of Adani Group’s bid for Jaiprakash Associates. The tribunal has sought a response from the Committee of Creditors within a week. The matter…
Read More
A consortium led by Aditya Birla Group and The Times of India Group has acquired Royal Challengers Bangalore for $1.8 billion, significantly boosting T20 franchise valuations. This follows Rajasthan Royals’ $1.6 billion valuation, marking global sports franchise owners’ entry into…
Read More
In a much-needed breather, oil prices tumbled over 5% on Wednesday amid growing hopes of a ceasefire that could ease supply disruptions from the Middle East, a key oil-producing region. The decline followed reports that the U.S. had sent Iran…
Read More
The United States has sent Iran a sweeping 15-point plan to end the war and dismantle its nuclear programme, media reports said, as President Donald Trump claimed Tehran “would like to make a deal.”
Read More
US President Donald Trump said Tuesday that Iran gave him a “very big present” related to the Strait of Hormuz, boosting his confidence that he was talking to the right people in Tehran to end the war. Tehran has denied…
Read More
Markets regulator Sebi is proposing new gift prepaid payment instruments for mutual fund investments. This initiative aims to bring more new investors into the mutual fund space. Purchasers can gift these instruments to recipients who can then use them to…
Read More