PATNA: Prime Minister Narendra Modi will be in Bihar on Friday when he is scheduled to address a public rally in East Champaran district, besides launching development projects worth over Rs 7,000 crore.Tight security measures are in place at Gandhi Maidan in Motihari town, the district headquarters, where Modi is expected to reach in the…
MUMBAI: IPL, cricket’s annual showpiece event, has seen its business value jump 13% in a year to $18.5 billion – nearly Rs 1.6 lakh crore. At the same time, its brand value has risen 14% to nearly $4 billion (about Rs 33,000 crore), a report by NYSE-listed investment bank Houlihan Lokey, which has valued several…
Six of India’s ten most valued companies collectively lost Rs 70,325.5 crore in market valuation last week, led by HDFC Bank and ICICI Bank, as domestic equities slipped amid global uncertainty and investor caution.The BSE Sensex dropped by 626.01 points or 0.74 per cent during the week, weighed down by sustained foreign portfolio investor (FPI)…
Certain aspects of Donald Trump’s financial portfolio, particularly his investments in stocks and cryptocurrency, are publicly accessible. (AI image) What is US PresidentDonald Trump’s net worth? Trump has often called himself a billionaire – but the actual net worth is not easy to assess. The exact value of Trump’s assets remains unclear, primarily because his…
Thief drills wall, steals phones worth Rs 3.5 lakh from mobile showroom (snapshots from viral video) A thief broke into a Big C Mobile store in Hyderabad’s LB Nagar by drilling a hole in a side wall of the store- big enough for a person to crawl through, instead of choosing a typical break-in. He…
Jofra Archer (Getty Images) Former England captain Nasser Hussain has weighed in on the return of Jofra Archer to England’s Test squad, calling it a “gamble worth taking,” but expressed caution about slotting him directly into the playing XI for the second Test against India at Edgbaston.Archer, who last played a Test in February 2021,…
Pakistan is facing financial constraints, prompting the government to scrap over 118 developmental projects valued at Rs 1,000 billion (PKR), prioritising only essential initiatives. However, paranoid of India, Pakistan has increased its defence budget by 18%. This is a continuation of the process where Pakistan prioritises military spending over the wellbeing of its citizens. The…
MUMBAI: Existing shareholders in four companies are planning to sell their stakes through block trades on Wednesday, aiming to mobilise about Rs 3,500 crore, sources said. Private equity major TPG is selling its entire 2.1% stake in Tata Technologies, which could fetch about Rs 630 crore. Through another block trade, CA Dawn Investments, an arm…
WestBridge Capital on Tuesday sold a 12.4 per cent stake in Aptus Value Housing Finance, amounting to Rs 1,906 crore, via an open market transaction.The private equity firm, one of the promoters of Aptus Value Housing Finance, executed the sale through its investment arm, WestBridge Crossover Fund LLC. According to bulk deal data on the…
NEW DELHI: The 2000-rupee notes worth Rs 6,181 crore still remain in circulation after two years of withdrawal, official Reserve Bank of India data released on Monday said.“Thus, 98.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,” the central bank said.The Reserve Bank of India RBI announced…