MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed.The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm’s…
MUMBAI: Tata Sons chairman N Chandrasekaran is set to present a detailed roadmap of the company’s loss-making new businesses at a crucial board meeting on May 26, as he moves to defuse tensions with principal shareholder Tata Trusts chairman Noel Tata.His presentation will cover Tata Digital and Air India, ventures that have absorbed significant investment…
RR frontrunner for the final playoff spot (Pic credit: IPL) The race for the final IPL 2026 playoff spot is down to four teams after Gujarat Titans crushed Chennai Super Kings by 89 runs in Ahmedabad to officially eliminate CSK from contention and almost seal a top-two finish for themselves.Three teams who are already confirmed…
New Delhi : Quick commerce platform Zepto plans to launch its Rs 11,000-crore IPO in July, people familiar with the matter said on Thursday. If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges. The startup secured approval for its maiden public issue from Sebi earlier…
Crime Branch officers said that after jumping parole in 2014, Hemant Nagindas Modi (L) first resurfaced in north Gujarat’s theatre circuit, particularly in Patan, where he quietly rebuilt his life through stage performances. (Poster from “Thugs of Hindostan” starring Aamir Khan) AHMEDABAD: Long before police tracked him down as a parole jumper, Hemant Nagindas Modi,…
Photographed: Constable Kouser Fatima (Ladakh), Constable Munmun Ghosh (West Bengal), Constable Rabeka Singh (Uttarakhand), and Constable Tsering Chorol (Kargil) NEW DELHI: The Border Security Force’s first-ever all-women Mount Everest expedition team has successfully summited the world’s highest peak, scripting history under #MissionVandeMataram.The team comprising constable Kouser Fatima from Ladakh, constable Munmun Ghosh from West Bengal,…
Mumbai : LIC reported a 19.3% rise in standalone profit after tax to Rs 57,419 crore for FY26, with a 41.6% surge in value of new business, reflecting improved product mix and steady premium growth. The insurer’s total premium income rose 9.8% to Rs 5,35,984 crore in FY26 from Rs 4,88,148 crore a year earlier….
Kyle Busch died at age 41 after suffering what his team described as a severe illness. The NASCAR star had withdrawn from the Coca-Cola 600 weekend earlier in the day due to hospitalization. NASCAR called Busch “a once-in-a-generation talent” while honoring his impact on the sport and fans. Busch won 234 races across NASCAR’s top…
Cristiano Ronaldo celebrates with Saudi Pro League trophy. (Pic credit: Al Nassr) Cristiano Ronaldo finally got his hands on the Saudi Pro League trophy on Thursday as Al Nassr sealed the title with a commanding 4-1 victory over Damac FC, ending the Portuguese superstar’s long wait for domestic silverware in Saudi Arabia.The 41-year-old delivered on…
Oil prices climbed on Friday as investors remained uncertain about the prospects of a breakthrough in ongoing US-Iran peace negotiations, while concerns over supply disruptions through the Strait of Hormuz continued to support the market.Brent crude futures rose $2.38, or 2.3 per cent, to $104.96 a barrel by 0034 GMT, while US West Texas Intermediate…