MUMBAI: Markets regulator Sebi on Monday barred Man Industries and two of its current and one former top executives from accessing the securities markets for two years over alleged fund diversion, misrepresentation of financial statements and delayed disclosures to the exchanges.The company, its chairman Ramesh Mansukhani, its MD Nikhil Mansukhani, and Ashok Gupta, a former…
Electronic Arts agreed to sell to a group of private investors in a deal that values the company at about $55 billion, marking the largest leveraged buyout on record.The consortium, which includes Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s (US President Donald Trump’s son-in-law) Affinity Partners, agreed to pay $210 per…
Nepal secured a historic Twenty20 cricket series victory against the West Indies with a record-breaking 90-run win on Monday in Sharjah, United Arab Emirates, marking their second consecutive triumph over a full ICC member nation with one match remaining in the series.Nepal posted a competitive total of 173-6, powered by career-best performances from Aasif Sheikh…
MUMBAI: Gold and silver prices continued to record new all-time highs in the domestic market on Monday. It was backed by rallies in international prices on the likelihood of a US govt shutdown, trade-related jitters, and the continuing weakness of the rupee against major currencies.In the local spot market silver hovered around the Rs 1.5…
MUMBAI: RBI has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks.Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting to bureaus to weekly from monthly…
Aishwarya Rai Bachchan is currently in Paris as the actress walked for Paris Fashion Week, representing the brand that she’s endorsing for years now. As the actress walked the ramp in a custom made Manish Malhotra sherwani with intricate work and diamond studded broches. It has a 10-inch long diamond studded cuffs. The actress carried…
Govt has appointed Shirish Chandra Murmu, executive director at RBI, as deputy governor of the central bank for a three-year term starting Oct 9, 2025.He will succeed M Rajeshwar Rao, who is retiring. The appointment was cleared by the appointments committee of the Cabinet. In his new role, Murmu will oversee key areas such as…
Alia Bhatt, acclaimed for her role in Gangubai Kathiawadi, was not Sanjay Leela Bhansali’s initial choice. Aditya Narayan, who assisted Bhansali, revealed that Rani Mukerji was considered for the lead role. Priyanka Chopra was also reportedly in contention for the matriarch’s part before Alia ultimately took on the acclaimed character. Alia Bhatt impressed one and…
Abhishek Sharma and Yuvraj Singh (Instagram and PTI) India’s rising cricket star Abhishek Sharma shared a celebratory moment on Instagram with his mentor Yuvraj Singh after winning the Player of the Tournament award at the Men’s T20 Asia Cup 2025. The photo, taken inside the flight returning from Dubai, shows Sharma holding his trophy alongside…
NEW DELHI: Moody’s Ratings on Monday affirmed India’s sovereign rating at Baa3 and maintained the outlook as stable, citing a fast-growing economy, sound external position, and a stable domestic financing base for ongoing fiscal deficits.The ratings agency said India was and will remain the fastest-growing G20 economy through at least the next two to three…
