Piramal Finance exit: Firm to sell 14.72% stake in Shriram Life to Sanlam; Rs 600 crore deal

Piramal Finance on Friday said it has decided to exit Shriram Life Insurance Company by selling its entire 14.72% stake to South Africa-based Sanlam Group for Rs 600 crore, as part of its strategy to monetise non-core assets.The company said it has signed a share purchase agreement with Sanlam Emerging Markets (Mauritius) Limited (SEMM), the…

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​Evening newswrap: Lok Sabha to hold 10-hour debate on electoral reforms; Imran Khan’s sister meets jailed leader; & more | India News

NEW DELHI: Parliament is set to hold key discussions on electoral reforms and the 150th anniversary of the national song, Vande Mataram, after lawmakers reached an agreement to resume proceedings smoothly following days of disruptions. Meanwhile, in Pakistan, former Prime Minister Imran Khan received a visit from his sister at Adiala Jail, breaking weeks of…

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US-Iran war impact: Wholesale inflation rises sharply to 9.68% in May; higher fuel, food, power prices weigh

Wholesale inflation accelerated as higher prices of fuel, power, manufactured goods and food items pushed up input costs across the economy. (AI image) US-Iran war impact: Reflecting the impact of the US-Iran conflict, the Wholesale Price Index (WPI) inflation for the month of May rose sharply to 9.68% from 8.26% in April. This is the…

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Terrorist killed in overnight encounter in J&K’s Ganderbal; anti-terror operation underway | India News

File photo (Picture credit: X/@ChinarcorpsIA) NEW DELHI: A terrorist was killed in an overnight encounter with security forces in Jammu and Kashmir’s Ganderbal district, the Army said on Wednesday.A cordon and search operation was launched by security forces on Tuesday night in the Arhama area of the district following inputs about suspicious movement, news agency…

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‘China’s claim as baseless as Trump’s ceasefire talk’ | India News

China’s foreign minister Wang Yi (AP Photo/Andy Wong) NEW DELHI: India has rejected China’s claim of mediation in its conflict with Pakistan, reiterating its stand that the military action was paused following a request from the Pakistani DGMO to his Indian counterpart. Chinese foreign minister Wang Yi claimed on Tuesday that the crisis involving India…

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NCERT reset, AI push: Pradhan spells out education roadmap | India News

Dharmendra Pradhan (File photo) NEW DELHI: The Centre will revise a contentious NCERT textbook chapter on the judiciary under the supervision of a committee led by former Supreme Court judge Indu Malhotra, Union education minister Dharmendra Pradhan said.The minister said the move follows guidance from the Supreme Court, adding that the effort aims to ensure…

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