CATEGORIES
Vodafone Idea to raise ₹1,980 cr from parent
VODAFONE IDEA ON Monday said its board has approved the issuance of up to 1.75 billion shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore.
LG India paid ₹323 cr in royalty to parent in FY24
LG ELECTRONICS INDIA, which filed its offer document last week for a $1.8-billion initial public offering (IPO), paid 2.3-2.4% of sales in royalty to its parent in FY24, totaling ₹323 crore, its draft red herring prospectus (DRHP) showed.
George Soros row: BJP, Congress trade charges
Uproar over BJP's allegations linking top Congress leaders with US-based billionaire investor George Soros-funded organisations involved in 'anti-India' activities rocked both houses of Parliament which failed to transact any business, even as both parties traded charges.
Mahayuti govt wins trust vote in Maharashtra assembly
FIVE DAYS AFTER assuming office, the Mahayuti alliance government in Maharashtra led by Chief Minister Devendra Fadnavis on Monday comfortably won a confidence vote in the state assembly.
Foreign Secys meet: Delhi flags plight of minorities, Dhaka says internal issue
● India calls for 'constructive' ties, says attacks 'regrettable'
Oppn mulls impeachment resolution against Dhankhar
THE UNEASY RELATIONSHIP that Opposition parties share with Rajya Sabha chairman and vice-president Jagdeep Dhankhar is set to come to a head as the INDIA bloc parties have decided to submit a notice to move a no-confidence or impeachment resolution against him. The Opposition parties do not have the numbers in the House to ensure Dhankhar's impeachment as vice-president but are contemplating the move \"very soon\" as a political signal.
100,000 Bima Sakhis may be enrolled in 12 months
Life Insurance Corporation (LIC) will engage women agents (MCAs). The cost could be ₹845 crore in the first year.
Move to create income, boost 'insurance for all' goal: Modi
BESIDES CREATING INCOME opportunities, Life Insurance Corporation (LIC)'s new scheme to engage 200,000 women across the country to expand its business in three years will further strengthen the 'insurance for all' mission, Prime Minister Narendra Modi said on Monday.
Township for data centres likely: Goel
LEADING INDIAN CONGLOMERATES and other companies have pledged to make combined investments of more than ₹35 lakh crore in Rajasthan over the next few years under the memoranda of understanding signed with the state government, with the largest commitment of ₹7.5 lakh crore coming from Adani Group.
100,000 Bima Sakhis may be enrolled in 12 months
THE STIPENDIARY SCHEME launched by Life Insurance Corporation on Monday to engage women career agents (MCAs) could cost the insurer ₹845 crore in the first year while the new business generated by them is likely to be five-seven times the cost incurred, chairman Siddhartha Mohanty said.
Pharma cos unfazed by US developments
THE INDIAN PHARMA industry is not worried about the possible benefits for Chinese biotech firms following the exclusion of the Biosecure Act, aimed at blacklisting them, from a key US defence budget Bill.
NHAI raises ₹775 cr through green bonds
THE SPECIAL PURPOSE vehicle of the National Highways Authority of India (NHAI) has raised ₹775 crore through its maiden green bond issue to finance the Delhi-Mumbai Expressway.