Mumbai: Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, was disclosed by IndusInd Bank in a regulatory filing on Tuesday.HDFC Bank clarified that it does not…
Mumbai: In another twist in the legal battle involving Bharat Forge chairman Baba Kalyani and his sister Sugandha Hiremath, the Bombay high court on Monday allowed Sugandha’s children to amend their lawsuit. The HC order enables them to seek a restraint on voting rights attached to shares of Kalyani Group companies that were acquired using…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are CG Power, Marico, and Britannia:CG Power – Reversal from Trendline SupportBuy near: ₹670–₹660 | Stop Loss: ₹634 | Target: ₹730 | Time Frame: 30–60 DaysCG…
New Delhi: Virtually denouncing the World Trade Organisation (WTO), the US has blamed the Geneva-based body for creating global imbalances and said that it cannot be the forum to solve existing and future problems of the trading system.“The US has serious concerns with the trading system embodied by the WTO, given that the system has…
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The government on Tuesday introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Parliament, but what could it mean for you? The Bill, already cleared by the Union Cabinet, aims to revolutionise India’s insurance sector, making coverage easier to access for all and setting the ambitious goal of universal protection by…
HAL is also the ‘Best All-round Wealth Creator’stock. (AI image) Hindustan Aeronautics or HAL has emerged as the most consistent and all-round wealth creator stock in the span of the last five years, according to a new report by Motilal Oswal Financial Services Limited. The defence Public Sector undertaking (PSU) stock has outperformed the Nifty…
Steve Cahillane to become CEO of KRaft Heinz, which currently in process of splitting (AP file photo) US-origin food MNC Kraft Heinz has tapped Steve Cahillane as the new CEO, effective January 1, 2026, as the company prepares for its division into two separate entities.He will subsequently lead the Global Taste Elevation Co., which will…
In a significant overhaul of retirement withdrawal norms, exiting the National Pension System (NPS) has become more flexible for non-government subscribers. Under amended rules notified by the Pension Fund Regulatory and Development Authority (PFRDA), eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the…
Image made with help of AI The Reserve Bank of India (RBI) has already moved from monthly to 15-day credit reporting from January 1, 2025. Now, it has issued draft rules that push the system further: by July 1, 2026, banks and NBFCs will have to update your credit data with bureaus every week.Here’s what…
