Representational AI image MUMBAI: The sensex and Nifty opened sharply lower on Friday over Israel’s strikes in Iran, which in turn put crude oil prices on the boil. However, the two indices pared some losses through the session even as investors remained cautious.At close, the sensex was down 573 points or 0.7% at 81,119 points…
Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement procedures for families affected by the Air India plane crash in Ahmedabad and assured swift processing of claims to provide urgent financial relief.In a statement, LIC said it is committed to supporting victims’ families and has introduced special concessions to…
NEW DELHI: If you haven’t updated your Aadhaar details yet, time is running out. The Unique Identification Authority of India (UIDAI) has set June 14, 2025, as the last day to update your Aadhaar card documents online for free.After this deadline, any updates to your Proof of Identity (PoI) or Proof of Address (PoA) will…
The Central Bureau of Investigation (CBI) has filed a chargesheet against eight individuals, including a local law officer at the French Embassy in New Delhi and his family members, for their alleged involvement in a high-profile visa fraud racket targeting Schengen visa applicants.According to a statement issued by the agency on June 11, the chargesheet…
NEW DELHI: Tata Group chairman N Chandrasekaran on Friday affirmed that the group will remain committed to doing what is right, even in the face of tragedy, as the company grapples with one of India’s worst aviation tragedies.He said that the Tata group was build on trust and care. “It is a difficult moment, but…
Global credit rating agency Moody’s Ratings on Friday upgraded Yes Bank’s long-term foreign and local currency bank deposit ratings to Ba2 from Ba3, citing a gradual improvement in the bank’s overall credit profile.The agency also raised Yes Bank’s Baseline Credit Assessment (BCA) by one notch to ba3 from b1, reflecting better capital adequacy and strengthened…
BENGALURU: The National Company Law Tribunal (NCLT), Ahmedabad has admitted two separate insolvency petitions filed by Indian Renewable Energy Development Agency (Ireda) against Gensol Engineering (GEL) and its subsidiary Gensol EV Lease (GEVL), initiating corporate insolvency resolution processes (CIRP) against both companies.In the case of Gensol Engineering, the tribunal admitted Ireda’s petition for defaulted dues…
BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor to the estate of late Rakesh Jhunjunwala, sold 27.2 lakh shares, worth Rs 333.8 crore, through bulk deals in the open market executed on both…
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear…
US consumer sentiment improved in June for the first time in six months, according to preliminary data released Friday by the University of Michigan, offering signs of economic stabilization as inflation remains subdued and trade tensions with China temporarily ease.The university’s closely watched Consumer Sentiment Index jumped to 60.5 in June from 52.2 in May…