BENGALURU: AceVector, the parent company of the ecommerce platform Snapdeal, submitted an updated draft red herring prospectus to the Sebi, moving closer to its public debut. The filing outlines plans to raise up to Rs 300 crore through a fresh issue of shares, along with an offer for sale (OFS) of up to 6.3 crore…
File photo: Union commerce and industry minister Piyush Goyal New Delhi: The visiting EU team will hold discussions with Union commerce and industry minister Piyush Goyal on Monday on the progress of negotiations on the proposed FTA, an official said. The meeting is important as both sides are eager to conclude the negotiations as early…
Thane: Court sentenced a man to 20 years of rigorous imprisonment for sexually assaulting a 13-year-old girl in 2021, which led to her pregnancy, observing that the crime was “heinous” and must be dealt with stringently.Additional sessions judge-3, DS Deshmukh, in the judgment on Friday, said the act of the 34-year-old accused, who is married…
NEW DELHI: Foreign investors have pulled out Rs 11,820 crore ($1.3 billion) from Indian equities in the first week of this month, primarily driven by the sharp depreciation of the rupee.This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, further pressuring markets.This takes the total outflow for 2025 to Rs 1.55…
MUMBAI: RBI has granted in-principle approval for Fino Payments Bank to convert into a small finance bank, allowing it to enter lending, widen its product suite and build a stronger liability franchise while continuing current operations until final clearance. It is the RBI’s first such approval for any payments bank. Fino said it is reworking…
BENGALURU: India’s urban drinkers are cooling on month-long alcohol breaks, even as the “sober curious” wave rises in Western markets. About 32% urban drinkers went dry for a month or more in Autumn 2025, down from 38% a year ago, IWSR Bevtrac data shared exclusively with TOI showed. The pullback is sharpest among younger legal-age…
MUMBAI: Bajaj Finance has said that its voice bots will disburse Rs 5,300 crore of loans in FY26 – its first full year of operations. This channel will be completely taken over by AI agents as part of its 2026-30 long-range strategy which has AI as the backbone of its growth plans that links targets…
Ranveer Singh’s latest release, ‘Dhurandhar’, directed by Aditya Dhar, hit cinemas on December 5. The film marks Dhar’s return to direction after his 2019 debut ‘Uri: The Surgical Strike’, which starred Vicky Kaushal. The film is doing well at the box office. It has crossed Rs 90 crore up till Sunday evening and if there’s…
Rohit Sharma, Virat Kohli Former India batting coach Sanjay Bangar said Virat Kohli and Rohit Sharma should be viewed differently because of their record in ODI cricket, and their place in the team should not have been questioned. He said this while speaking to JioStar.There has been speculation that selectors and head coach Gautam Gambhir…
MUMBAI: Trading in rights entitlements (REs) for Adani Enterprises picked up pace in the last two sessions of the week as the closing date for the Rs 25,000-crore issue neared. In the last two sessions, nearly 50 lakh rights entitlements were traded on the two exchanges with the price moving up by 23%. The offer…