[ad_1] Over the last three years, Vedanta has actively reduced its debt and continues to strengthen its financial structure, Naidoo told shareholders | Photo Credit: DANISH SIDDIQUI Officials of Vedanta Ltd again denied all the allegations made by US short-seller Viceroy Research against the Vedanta group and said the report contained no new findings to rattle investors. Answering investors’ queries

[ad_1] The Supreme Court on Thursday asked the Election Commission of India, in the interest of justice, to consider Aadhaar Card, Elector’s Photo Identity Card (EPIC) and ration cards as proof for voter registration in the ongoing Special Intensive Revision (SIR) of electoral roll in poll-bound Bihar. “The Election Commission of India (ECI) has pointed out that the documents’ list

[ad_1] The storage increased in all the five regions this week with the level in southern reservoirs rising over 60 per cent | Photo Credit: JOMON PAMPAVALLEY The storage level in India’s 161 major reservoirs improved further this week to over 50 per cent of the capacity with central and north-west India receiving good rainfall under the influence of the

[ad_1] The Centre on Thursday notified the policy on selling foodgrains from official reserves under the open market sales scheme (OMSS). Under the scheme, the reserve price of wheat has been fixed at ₹2,550/quintal for all categories, up from ₹2,300-2,325 last year, whereas that of rice has been fixed at different rates depending on category of buyers. For distilleries to

[ad_1] Net profit of India’s Nifty 50 companies may continue to be lukewarm at not more than 4.5% without accounting for oil companies in the first quarter of the current fiscal, according to equity research analysts.  “We expect 1Q FY26 net income of the KIE universe to increase 10.6% yoy, largely driven by a strong rebound in profits of the

[ad_1] The PLI-Auto scheme has been subdivided into the champion original equipment manufacturer incentive scheme and component champion incentive scheme. | Photo Credit: Udit Kulshrestha The Centre has spent ₹29,576 crore until March 2025 and created over 44,987 job opportunities across the automotive value chain through the Production Linked Incentive (PLI) scheme on auto. The details came out while reviewing

[ad_1] Life insurers in India reported new business for June declined 3% to ₹41,117.14 crore from ₹42,433.69 crore a year earlier, after two months of uptick in the premium this fiscal and as the number of covers sold remain comparatively lower. For the quarter ended June, the new business premium rose 4.25% to ₹93,544.54 crore (₹89,726.70 crore). This came on

[ad_1] Key Points A third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon. While billionaire sports-team buyouts get the headlines, family offices are increasingly investing in adjacent assets like live-viewing venues and betting apps. Here’s how the family offices of ultra-rich sports team owners like David Blitzer and

[ad_1] MP Materials’ stock rocketed over 50% on Thursday after sealing a huge deal with the Pentagon. The US Defense Department will become the company’s biggest owner by buying $400 million of special stock, grabbing a 15% stake. This cash will help MP Materials build a new magnet factory called the “10X Facility” and upgrade its California mine. The government

[ad_1] US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the rest of 2025. The S&P 500 dipped 0.1% in early trade, while the Dow Jones Industrial Average slipped 28 points, or 0.1%. The Nasdaq Composite, which had notched a

[ad_1] Police has arrested four accused so far in the case | Photo Credit: SUSHANTA PATRONOBISH The West Bengal government on Thursday submitted a progress report before the Calcutta High Court on Kolkata Police’s investigation into the alleged gang-rape of a law student. A division bench of Justices Soumen Sen and Smita Das De examined the case diary as well

[ad_1] The new features will be unveiled this week under the Enroute: Mobility-as-a-Service (MaaS) Challenge | Photo Credit: PTI Commuters in Bengaluru will soon be able to buy tickets for metro and BMTC buses directly through popular mobility apps Namma Yatri and Tummoc, as part of a city-wide effort to integrate public transport systems and improve last-mile connectivity. The new

[ad_1] The Enforcement Directorate on Wednesday said it has frozen fixed deposits and shares worth more than ₹284 crore belonging to a Haryana-based company, as part of a money laundering investigation linked to illegal online betting. The action was taken under the criminal sections of the Prevention of Money Laundering Act (PMLA) after the agency conducted searches for two days

[ad_1] Eutelsat Group, which runs the OneWeb satellite internet constellation, will receive an additional investment from the U.K. government of €90 million (₹903 crore) as part of a fresh capital infusion in the entity, whose shareholders include the French government and Bharti Enterprises. Bharti and the French government had announced participation in a reserved capital increase in June. French president