NEW DELHI: Capital markets regulator Sebi on Thursday cancelled the registration of 68 investment advisers for failing to pay renewal fees.The list of cancelled entities includes Truenorth Labs, Equity Mantra, Saurabh Mundra, Sheetal Agrawal, Ateet Hemant Wagh, Getbasis Securities and Technologies India, Lucid Technologies, and Avenue Venture Partners Investment Adviser LLP, among others. According to…
A man trapped for more than 24 hours inside one of the high-rise towers at Hong Kong’s Wang Fuk Court residential complex was pulled out alive on Thursday evening, even as the death toll from the devastating blaze climbed to at least 65, fire officials said. The survivor was located on the 16th floor of…
NEW DELHI: Byju’s founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves Glas Trust’s allegations that $533 million in ‘alpha funds’ was diverted by the company’s founders.A US bankruptcy court had, in a default ruling last week, ordered Raveendran to pay…
MUMBAI: An arm of the National Payments Corporation of India has launched a platform that promises the RBI far greater oversight of net banking transactions, including payments linked to crypto or gaming.NPCI Bharat BillPay Limited has rolled out Banking Connect, an interoperable system that allows any merchant integrated through a payment aggregator to receive payments…
MUMBAI: Ikea is stepping up India expansion with plans to open four to five stores annually in the market where people are widening their budgets for home furnishing and decor, boosting growth prospects. This compares with all of six stores that the Swedish company launched in the country through the first seven years of its…
Kolkata: Bengal has emerged as the second most favourite destination, after Maharashtra, for international tourists visiting India, figures released by the Union tourism ministry in the India Tourism Data Compendium 2025 revealed.In domestic travel, the state ranked seventh behind UP, Tamil Nadu, Karnataka, Andhra Pradesh, Rajasthan and Maharashtra. Kolkata Headlines Today — The Biggest Updates…
MUMBAI: A rally on Wall Street, rate cut hopes in the US and in India, and strong buying momentum by domestic funds all pushed the sensex above the 86k mark for the first time on Thursday morning. However, profit-taking at higher levels brought the index down from the intraday peak of 86,056 points to close…
Mahindra & Mahindra’s Rajesh Jejurikar NEW DELHI: As relations between India and China seem to be mending on the business front, local auto major Mahindra & Mahindra has said Indian carmakers are open to competing with Chinese brands, provided they “compete on equal terms” and adhere to localisation norms of the country.Mahindra has been betting…
Hong Kong fire (AP photo) Hong Kong, one of the world’s major financial centres, saw a tragic incident on Wednesday afternoon when a massive fire swept through high-rise towers. The flames tore through the Wang Fuk Court complex in Tai Po, killing more than 90 people and leaving hundreds injured or missing.As the fire raged,…
NEW DELHI: The income tax department has launched a fresh campaign to nudge those with overseas assets or income to disclose details in India. Initially, around 25,000 high-risk cases will be targeted through SMS and e-mails, with the campaign proposed to be expanded mid-Dec to cover others, and improve the compliance ecosystem.The initiative comes exactly…