NEW DELHI: Capital infusion by Japan’s Mitsubishi UFJ Financial Group (MUFG) will strengthen Shriram Finance’s balance sheet as well as provide long-term growth capital. MUFG has said it will invest Rs 39,618 crore in Shriram Finance through a preferential allotment of equity shares, acquiring a 20% stake in the non-bank lender. MUFG will make the…
MUMBAI: Unilever, Levi’s and Tesla have at least one thing in common – Indian-origin chief financial officers. More than a dozen global giants – from Apple and Qualcomm to HSBC and Mastercard have CFOs of Indian descent, a study by global executive search firm Stanton Chase showed. Of the 20 (includes three former ones) such…
KULLU: A doctor at Shimla’s Indira Gandhi Medical College and Hospital (IGMC) was suspended on Monday after he brutally assaulted a patient, who protested at being called ‘tu’ and asked for some politeness. A video of the incident, shot by an attendant, shows a doctor in surgical mask repeatedly punching the patient, Arjun Panwar, 36,…
The price of BNB moved up over 1.7% in the last 24 hours amid a cryptocurrency market rise that saw the wider CoinDesk 20 (CD20) index move up 2.2% in the same period. The price broke past the $860 resistance level that had capped recent rallies and briefly touched $868 before seeing a slight pullback….
NEW DELHI: The India-New Zealand Free Trade Agreement (FTA) is set to ease mobility for Indian students and skilled professionals, while opening up fresh opportunities for exporters, manufacturers and service providers in a deal that is expected to widen New Delhi’s influence in the Indo-Pacific region. .The agreement removes numerical caps on Indian students in…
NEW DELHI: SC on Monday expressed concern over forest land being grabbed by private individuals in Uttarakhand and said it was shocking that the state govt remained a silent spectator over the years.While hearing an appeal on a litigation over a disputed parcel of forest land, a bench of CJI Surya Kant and Justice Joymalya…
Crypto bulls are again watching from the sidelines as the debasement trade continues and risk assets generally move broadly higher during the U.S. trading session. The standout performer on Monday is gold, which has surged 2% to a new record high of $4,475 per ounce. Silver is higher by 1.6% and earlier hit its own…
Yogi Adityanath and Akhilesh Yadav (Images/Agencies) NEW DELHI: Uttar Pradesh chief minister Yogi Adityanath on Monday took a veiled dig at Samajwadi Party chief Akhilesh Yadav and Congress leader Rahul Gandhi during a state Assembly session, saying “desh ke andar do namune hain” (There are two specimens in the country).The remarks came amid a heated…
Check out the companies making the biggest moves in midday trading: Dominion Energy — The energy company’s shares fell nearly 5% after the Trump administration halted five East Coast wind projects, including Dominion Energy’s Coastal Virginia Offshore Wind, the largest project of its kind in the U.S. Maplebear — The Instacart parent’s stock fell more…
India and New Zealand have concluded negotiations on a free-trade agreement, but its immediate impact on merchandise trade is likely to be limited given bilateral flows of just $2.1 billion in FY2025, according to a Global Trade Research Initiative (GTRI) analysis.The agreement, finalised on December 22 following a phone call between Prime Minister Narendra Modi…
