‘Party constitution shifted from democratic principles to a one-person structure’: SC in ‘real’ Shiv Sena case

Muthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth in its gold loan business. The company also announced a leadership transition, with Alexander George Muthoot set to take over as managing director from October 1, subject to shareholder approval.

Sebi has barred Zee founder Subhash Chandra and CEO Punit Goenka from the securities market for one year. This action stems from an unauthorized pledge of company land to secure promoter group loans. The regulator also imposed a significant penalty on Zee Entertainment Enterprises Limited. Shareholders approved a convertible warrant issuance, raising promoters’ stake substantially….

Visakhapatnam is set to become a major digital infrastructure hub in India. Its growing data centre ecosystem will create nearly fifty-two thousand jobs. This expansion will also fuel demand for over two crore square feet of residential real estate. The development will attract investments in power, fibre, and logistics infrastructure. This growth is expected to…