NEW DELHI: The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Videocon’s former chairman and MD Venugopal Dhoot for defaulting on loans of Rs 6,158 crore, as a personal guarantor of two group companies.Admitting a plea from State Bank of India (SBI), NCLT said Venugopal Dhoot has “committed defaults in repayment…
Ranveer Singh and father-in-law, Prakash Padukone teamed up for a new ad that has taken social media by storm for its tongue-in-cheek humour. The actor and Badminton legend teamed up for a new promotional campaign, their first on-screen venture together. The actor was seen being the perfect girl-dad, picking up a unicorn toy while Prakash…
MUMBAI: Life Insurance Corporation of India on Monday approved a 1:1 bonus share issue, a move that will double its paid-up equity capital and is expected to improve stock liquidity and retail participation, while leaving its financial strength unchanged. The board, at its meeting on April 13, cleared the bonus on a record date to…
MUMBAI: RBI deputy governor Swaminathan J said AI deployment must ensure human accountability, explainable decisions and inclusion, as Reserve Bank of India outlined a framework to balance innovation with accountability in the financial sector. Delivering the V Narayanan Memorial Lecture at SASTRA University, Swaminathan J said AI is rapidly reshaping finance across customer service, credit…
Asha Bhosle’s single Malayalam song stands as a beautiful reminder of her versatility and dedication to music. Even though she sang in many languages, her effort to master the nuances of Malayalam for Sujatha showed her respect for every linguistic tradition. Legendary singer Asha Bhosle, who passed away at the age of 92, lent her…
MUMBAI: The Reserve Bank of India (RBI) continues to classify Tata Sons as a core investment company (CIC) in the upper layer, according to its latest NBFC list released on April 10, keeping the Tata Group‘s holding company within the ambit of potential listing requirements. In FY24, Tata Sons applied to the RBI to voluntarily…
‘Vaazha 2: Biopic of a Billion Bros’ continues its magnificent run at the box office by crossing Rs 169.75 crore worldwide on Day 13. The Hashir starrer has maintained a strong hold even in its second week. ‘Vaazha 2: Biopic of a Billion Bros’ continues its impressive run at the box office, crossing Rs 169.75…
MUMBAI: Nadir Godrej will step down as chair of Godrej Industries Group (GIG) on Aug 13 upon turning 75, moving to chairman emeritus. His nephew, Pirojsha Godrej (46), will take over as GIG chair in a planned generational transition. Valued at $20 billion, GIG spans FMCG, real estate, financial services, agriculture, and chemicals. It is…
Sakib Hussain, a 21-year-old uncapped pacer from Gopalganj, Bihar, created history on his Indian Premier League (IPL) debut for Sunrisers Hyderabad on Monday against Rajasthan Royals with figures of 4 for 24.Sakib is the seventh player in IPL history to take four or more wickets on debut, and he now also holds the joint fifth-best…
‘Ramayana‘ producer Namit Malhotra and actor-producer Yash have officially kicked off global promotions for their film at CinemaCon 2026. In a major step in positioning the mythological spectacle on the world stage, the duo kicked off film promotions with sit-down interviews on Day 1 of the event.Photos that have turned up online show Yash, who…