Category: Business News & Economy

This year, arguably for the first time, restored Indian classics have made it to the top four international film festivals—from Cannes to TIFF.

The NCLAT disposed of an appeal between JSW Mahanadi Power and RCRIPL. Both companies reached an amicable settlement after a dispute over unpaid invoices. JSW Energy now controls both entities following separate insolvency proceedings. The NCLAT order recorded the joint memo filed by the two companies.

India has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after import disruptions. The government will review these production schedules every six months. Companies must maintain adequate infrastructure for LPG storage and transport. This framework ensures adequate domestic availability and fair prices for consumers.

Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.

Bangladesh scripted history in Darwin with their maiden Test win in Australia as Mehidy Hasan Miraz and Hasan Mahmud starred with the ball.

Anticipation is high in the primary market as six firms prepare to launch IPOs this week, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart. With an increase in public issues, these companies aim to secure funds for growth and development. Following several recent market activities, this wave of IPOs could significantly enhance the total…

A Spanish F-18 fighter jet shot down an unauthorized drone in Romanian airspace on Sunday. This incident marks Romania’s fourth drone downing this year, highlighting security concerns. Romanian F-16 jets previously downed Russian drones entering the country’s airspace. These incursions are linked to the ongoing war in neighboring Ukraine. Nato officials have warned about dangerous…

$275 million lost: Thousands of Americans targeted in real estate frauds

Ministers and TVK leaders condemned Nagenthran’s remarks, dubbing them “uncivilised.”

PM Modi, Prez Murmu, BJP leaders pay tribute to Vajpayee on death anniversary