KOLKATA: The saffron surge in the Bengal assembly elections, which swept BJP to office for the first time in the state, saw the party leading in 102 of the 144 wards of Kolkata Municipal Corporation (KMC), fuelling speculation about how long Trinamool Congress can hold on to the civic body.The tenure of the current KMC…
BENGALURU: India’s space PSU NewSpace India Limited (NSIL) may soon be headed by a private sector honcho with the selection process for the chairman and managing director (CMD) post having entered the final leg. Sources confirmed to TOI that the next CMD of the Space PSU is expected to be from the private sector with…
Digital Asset Holdings, the enterprise blockchain company behind the Canton Network, a permissioned blockchain network for financial institutions with privacy features, is reportedly raising fresh capital at a $2 billion valuation. The $300 million round is being led by venture capital firm a16z crypto, and is expected to close in several weeks, according to Bloomberg,…
NEW DELHI: Tamil Nadu chief minister C Joseph Vijay assumed office on Sunday, which started with a series of political, administrative and symbolic moves.The events starting from the oath ceremony included him having an unscripted moment, his first law and order review meeting at the Secretariat, welfare announcements, the appointment of a Pro-tem Speaker and…
MUMBAI: Noel Tata has voted against the reappointment of Venu Srinivasan and Vijay Singh as trustees of Tata Education and Development Trust (TEDT), the largest corpus trust within Tata Trusts, in a move that widens fault lines within one of India’s most powerful philanthropic structures. It marks the first time Noel has made his opposition…
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Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will resume its BTC purchases this week, following an earnings call on Tuesday, during which he said the company may periodically sell portions of its treasury. “Back to work, BTC,” Saylor said in an X post on Sunday, messaging that has previously preceded a…
PM Modi with Sri Sri Ravi Shankar Prime Minister Narendra Modi on Sunday visited the The Art of Living Foundation International Center in Bengaluru to mark 45 years of the organisation and participate in commemorative events.During the visit, PM Modi inaugurated the Dhyan Mandir, described as a large meditation space designed to host collective meditation…
The Competition Commission of India has ordered a detailed probe into French spirits giant Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market. The investigation will examine restrictive conduct by Pernod Ricard with retailers and wholesalers, potentially violating competition laws. The CCI’s Director General will lead the inquiry, looking…
MUMBAI: Net outflow by foreign portfolio investors (FPIs) from the stock market for the current year crossed the Rs 2-lakh-crore mark for the first time ever. This also showed up in aggregate foreign holding in Indian stocks falling to a 14-year low at 14.7%, a level much below the comparative data for domestic institutions, which…
