Yes Bank stake sale: CCI clears SMBC plan for up to 24.99% holding, Japanese lender set to become top shareholder

Recent Views 11 The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to 24.99 per cent stake in Yes Bank, paving the way for the Japanese lender to become the private sector bank’s single-largest shareholder.SMBC, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), is among the…

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Daily Lal Kitab Horoscope Today, September 2, 2025: Rahu Brings a Day of Change and Clarity

Recent Views 10 This daily horoscope series blends Lal Kitab’s astrological wisdom with personalized guidance for each zodiac sign. It focuses on planetary influences, karmic patterns, and simple, symbolic remedies. With grounded language and cultural depth, each entry helps you align your energy, thoughts, and actions for emotional and spiritual balance. Aries Lal Kitab Horoscope…

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‘Supply chain reliability’: Not Ukraine, Russia is now top sunflower oil supplier to India; how it happened

Recent Views 9 Even as Moscow’s crude dominates headlines, it’s not the only Russian oil flowing into India. Russia has now surpassed Ukraine to become India’s biggest supplier of sunflower oil, with shipments soaring twelvefold over the past four years, according to industry data cited by ET.“Russia is the largest and most reliable source of…

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US firm sues Hexaware for patent breach, seeks $500 million

Recent Views 10 BENGALURU: American tech firm Natsoft and its subsidiary Updraft have sued Mumbai-based Hexaware Technologies in the US for $500 million for patent infringement.The plaintiffs allege that Hexaware’s flagship modernization platforms — RapidX, Amaze, and Tensai/ATOP — illegally incorporate Natsoft’s patented technologies covering automated code testing, business-rule extraction, code generation, and legacy modernisation.Plaintiffs…

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Sebi proposes greater flexibility for REITs and InvITs in liquid schemes; seeks stakeholder feedback

Recent Views 7 Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s…

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