MUMBAI: TVS Motor Company chairman emeritus Venu Srinivasan has been reappointed trustee and vicechairman of the Sir Dorabji Tata Trust (SDTT) for a period of three years. The move, SDTT said, was made “in compliance with legal and regulatory requirements.”On Oct 24, Srinivasan had been appointed permanent trustee of SDTT after his earlier term expired….
Near-term market direction will hinge on the ongoing earnings season and progress on the US–India trade discussions. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 went above 25,800, BSE Sensex was up over 400 points. At 9:17 AM, Nifty50 was at 25,813.80, up 119…
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said quality control orders (QCOs), aimed at enabling producers to sell superior quality products to Indian consumers, have helped strengthen domestic industry, including toys and plywood, and managed to curb substandard imports.During a meeting with state commerce and industry ministers, he asserted that the Centre…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are SAIL, Hindustan Zinc, and Nippon Life India Asset Management:SAIL – Trendline Breakout + EMA Alignment ShiftBuy near: ₹145–₹141 | SL: ₹133 | Target: ₹163 |…
MUMBAI: Strong governance intent can eliminate regulatory gaps and overlaps, RBI deputy governor Swaminathan J said, urging boards and regulators to move beyond procedural compliance. Speaking at the Gatekeepers of Governance Summit in Mumbai on Nov 7, he said boards must “own outcomes, not paperwork.”He outlined five practices essential for sound governance — boards owning…
The US Supreme Court had, once again, refused to order the Trump administration to provide full funding for the Supplemental Nutrition Assistance Program (Snap). Instead it has chosen to allow congress additional time to resolve the matter through a possible agreement tied to ending the government shutdown.In an order issued on Tuesday (local time), the…
NEW DELHI: Net direct tax collection has grown 7% so far this fiscal year to over Rs 12.9 lakh crore on higher corporate tax mop-up and slower refunds. Refund issuances dropped 18% to over Rs 2.4 lakh crore between April 1 and Nov 10. Net corporate tax collection during the period stood about Rs 5.4…
MUMBAI: The board of directors of Adani Enterprises (AEL), the flagship of the Ahmedabad-based Adani group, on Tuesday evening gave its nod for a rights offer to mobilise up to Rs 25,000 crore. For every 25 AEL shares held by its shareholders on the record date (Nov 17), they will have the rights to subscribe…
MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) is closely examining the shortfall in the settlement of health insurance claims, even as over half of the complaints received under the insurance ombudsman system relate to health policies.At the Bima Lokpal Day event on Tuesday, Irdai chairman Ajay Seth said, “In health insurance, we…
MUMBAI: CarTrade Tech is weighing a potential acquisition of the automotive classifieds business of rival CarDekho. “….the company has been in discussions with Girnar Software (parent of CarDekho) regarding a potential consolidation opportunity in the new and used automotive classifieds businesses (CarDekho and BikeDekho) in India. These discussions are limited to the automotive classifieds businesses…
