Corporate

In July, LifeScan Global Corp., Genesis Healthcare Inc., and Del Monte Foods Corp. II Inc., a subsidiary of Del Monte Foods Inc, submitted bankruptcy filings.

Updated : Aug 13, 2025

US corporate bankruptcies soar in July to highest since 2020, with 71 filings in single month

Bankruptcies have been primarily focused on the industrial and consumer discretionary sectors during the first seven months of the year, with a notable increase in July.

Currently, the government holds a 96.5% stake in LIC.

Updated : Aug 13, 2025

Central govt may sell 2.5%–3% stake in LIC in first tranche of divestment: Report

In the first tranche, the Centre is considering selling between 2.5% and 3% of its stake in the insurance giant. Motilal Oswal and IDBI Capital are expected to act as bankers for the upcoming offer for sale (OFS).

SEBI rejects Anil Ambani's settlement offer in Yes Bank case

Updated : Aug 13, 2025

SEBI rejects Anil Ambani’s settlement plea over Yes Bank investments

SEBI, having rejected the settlement plea, emphasised the significant loss to investor wealth caused by the fund's actions, estimated at $208.4 million.

Summons for Gautam Adani not served by Indian authorities, claim US regulators

Updated : Aug 13, 2025

US regulators say Indian authorities have not served formal summons to Gautam Adani

The SEC’s latest status report, filed on August 11, pointed to procedural challenges in serving the summons, which must follow the Hague Service Convention.

In 2024, India exported an estimated $790 million worth of these solar products to the U.S., Indonesia $420 million, and Laos $340 million

Updated : Aug 13, 2025

US targets India’s solar exports in probe that could slam $790 mn trade with heavy duties

The action follows a petition by the Alliance for American Solar Manufacturing and Trade, a key domestic solar industry group.

DGCA submits anti-poaching paper before the ICAO

Updated : Aug 12, 2025

Why are pilots opposing the anti-poaching code?

Indian government has called for a global code of conduct on hiring each other’s airline staff to check poaching of airline crew by foreign airlines while pilot association it risks creating conditions of bonded labour.

Critics slammed the move as hypocrisy. “You either have a national security problem or you don’t,” said Deborah Elms, head of trade policy at the Hinrich Foundation. “A 15% payment doesn’t fix that.”

Updated : Aug 12, 2025

'US is officially a middleman now': Investor calls Nvidia’s 15% chip tax 'Patriotism-as-a-Service'

Under the unprecedented deal, Nvidia and AMD must hand over a slice of their China earnings in exchange for export licenses—reversing bans previously framed as crucial to U.S. national security.

ICICI Bank minimum balance hike: RBI Governor says MAB is not under the apex bank's regulatory domain

Updated : Aug 11, 2025

‘Up to banks, not in our regulatory domain’: RBI Gov Malhotra on ICICI Bank’s minimum balance hike

ICICI minimum balance hike: Customers who fail to maintain the minimum average balance requirements will be charged a penalty of 6 per cent of the shortfall in the required balance or Rs 500 as per the bank’s website.

These collaborations allow passengers to travel seamlessly via four US gateways: New York (JFK), Newark (EWR), Chicago, and San Francisco.

Updated : Aug 11, 2025

Air India suspends Delhi-Washington flights from September 1. Here's why

Affected passengers will be contacted to discuss alternative travel arrangements, including rebookings or full refunds, in accordance with their preferences.

Civil organisation writes to government against ICICI Bank's minimum balance hike

Updated : Aug 11, 2025

‘Retrograde decision’: Civil society org writes to govt against ICICI Bank’s minimum balance hike

ICICI Bank minimum balance hike: The organisation has called for the immediate reversal of this decision, urging the government to safeguard depositors' interests and promote wider financial inclusion.

Comet, launched in July, blends traditional web browsing with real-time AI assistance capable of reading, summarizing, and acting on live data—making it a natural fit for market tracking.

Updated : Aug 9, 2025

'Setting up a call on Monday': Nikhil Kamath and Aravind Srinivas weigh Zerodha–Perplexity tie-up

The exchange began with a post by Prudent AI: “Why don't @perplexity_ai team up with @zerodhaonline and add Indian stock markets to the Comet finance page?” Srinivas, seeing the idea, tagged Kamath and asked, “Should we?”.

Assets under management (AUM) rose 17% to ₹13,799 crore, from ₹11,841 crore in Q1 FY25, underscoring the insurer’s growing financial scale.

Updated : Aug 7, 2025

Shriram Life Insurance Q1 results: Reports 27% YoY jump in premium income, eyes deeper rural insurance push

The Life Insurance saw 21% year-on-year growth in individual new business premium (NBP) for the first quarter.

Ambani's financial reliance on dividends was highlighted as he directly holds 1.61 crore shares in Reliance

Updated : Aug 7, 2025

Mukesh Ambani forgoes salary for fifth straight year at RIL; promoter group earns dividend worth ₹3,600 crore

Ever since the onset of the COVID-19 pandemic in 2020, Ambani has voluntarily chosen to forgo his salary, allowances, and perquisites.

This dual-track approach—hiking pay for junior employees while trimming senior staff—highlights the shifting priorities within India’s IT sector

Updated : Aug 7, 2025

Amid layoffs, TCS announces pay hikes from September 1. Here’s who’s getting them

The announcement comes amid a broader shake-up. TCS is moving to lay off approximately 2% of its global workforce—around 12,000 employees—primarily in mid and senior roles.

EIH plans four new hotels/Pic Credit: Oberoi Hotels & Resorts

Updated : Aug 6, 2025

Oberoi Group’s flagship entity EIH Ltd plans four new hotels in Gir, Goa, Bengaluru, Hyderabad

The company also plans to launch the Oberoi Rajgarh Palace in Khajuraho and two Oberoi Nile Dahabeyas by the end of 2025.

Adani Group Chairman Gautam Adani steps down from key managerial position at Adani Ports

Updated : Aug 5, 2025

Gautam Adani steps down from Executive Chairman role at Adani Ports

Adani Ports said that with this, Gautam Adani would cease to be key managerial personnel of the company.

JSW Cement has set a price band of Rs 139-147 per share, valuing the 17-year-old company at Rs 20,000 crore at the upper end of the price band.

Updated : Aug 5, 2025

JSW Cement eyes organic growth, keeps powder dry on acquisitions

With a 60 MTPA target in the long term, the company is focused on capital efficiency, internal accruals, and high-margin geographies ahead of its IPO

Sunjay Kapur's mother Rani Kapur seeks investigation into businessman-son's death

Updated : Aug 5, 2025

Sunjay Kapur death: Mother Rani Kapur alleges foul play, involvement of transnational entities

Sunjay Kapur death: According to Rani Kapur, since her son’s death, she has found documents and records that appear to be forged.

Updated : Aug 5, 2025

IndusInd Bank picks Rajiv Anand as CEO: Who is the Axis Bank veteran?

Anand, 59, recently retired as deputy managing director of Axis Bank. He brings over 35 years of experience spanning asset management, retail, and wholesale banking.

Balaji, currently the Group CFO at Tata Motors, has been with the company since 2017.

Updated : Aug 4, 2025

Tata Motors taps longtime CFO PB Balaji to succeed Mardell as JLR CEO

Balaji’s appointment was approved by JLR’s Board of Directors and disclosed in a regulatory filing by Tata Motors. Mardell will stay on until December to support the transition.

The sale may represent up to 6.84% of Paytm’s total share outstanding (TSO), with flexibility to go up to 3.73 million shares (5.84% of TSO) based on demand.

Updated : Aug 4, 2025

Paytm share sale: Alibaba-backed Antfin to offload entire stake via block deal on August 5

This strategic exit move by Antfin underscores a broader realignment of shareholding in the Indian fintech major, coming amid growing investor interest and evolving regulatory oversight in India’s digital payments space.

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Corporate

US corporate bankruptcies soar in July to highest since 2020, with 71 filings in single month

Central govt may sell 2.5%–3% stake in LIC in first tranche of divestment: Report

SEBI rejects Anil Ambani’s settlement plea over Yes Bank investments

US regulators say Indian authorities have not served formal summons to Gautam Adani

US targets India’s solar exports in probe that could slam $790 mn trade with heavy duties

Why are pilots opposing the anti-poaching code?

'US is officially a middleman now': Investor calls Nvidia’s 15% chip tax 'Patriotism-as-a-Service'

‘Up to banks, not in our regulatory domain’: RBI Gov Malhotra on ICICI Bank’s minimum balance hike

Air India suspends Delhi-Washington flights from September 1. Here's why

‘Retrograde decision’: Civil society org writes to govt against ICICI Bank’s minimum balance hike

'Setting up a call on Monday': Nikhil Kamath and Aravind Srinivas weigh Zerodha–Perplexity tie-up

Shriram Life Insurance Q1 results: Reports 27% YoY jump in premium income, eyes deeper rural insurance push

Mukesh Ambani forgoes salary for fifth straight year at RIL; promoter group earns dividend worth ₹3,600 crore

Amid layoffs, TCS announces pay hikes from September 1. Here’s who’s getting them

Oberoi Group’s flagship entity EIH Ltd plans four new hotels in Gir, Goa, Bengaluru, Hyderabad

Gautam Adani steps down from Executive Chairman role at Adani Ports

JSW Cement eyes organic growth, keeps powder dry on acquisitions

Sunjay Kapur death: Mother Rani Kapur alleges foul play, involvement of transnational entities

IndusInd Bank picks Rajiv Anand as CEO: Who is the Axis Bank veteran?

Tata Motors taps longtime CFO PB Balaji to succeed Mardell as JLR CEO

Paytm share sale: Alibaba-backed Antfin to offload entire stake via block deal on August 5

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