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Delware court reverses $1 billion judgment against Byju Raveendran

Delware court reverses $1 billion judgment against Byju Raveendran

The legal team of Byju Raveendran, founder of edtech firm Byju’s, said the Delaware court has amended the $1 billion judgment against Raveendran after fresh submissions made through a motion to correct the judgment of November 20, 2025.

Adani Group to invest up to ₹12 trillion in India by 2031: Gautam Adani

Adani Group to invest up to ₹12 trillion in India by 2031: Gautam Adani

Ports-to-energy conglomerate Adani Group is all set to invest up to ₹12 trillion in India in the next six years, chairman Gautam Adani said.

The sizeable investments will be made in infrastructure, mining, renewable energy and ports, among others, he said.

IndusInd Bank chairman to step down in January amid organisational overhaul

IndusInd Bank chairman to step down in January amid organisational overhaul

India's IndusInd Bank Chairman Sunil Mehta will step down after his term concludes in January, two sources with direct knowledge of the matter said, marking the latest leadership change at the private lender.

The bank reported its largest-ever quarterly loss in the three months ended March 31, following a $230 million hit to its accounts.

Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs

Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday asked chief executive officers of public- and private-sector banks to lower intermediation costs and bolster operational efficiencies, citing the 125 basis points (bps) policy rate reduction since February.

The governor conveyed this in an interaction with bank chiefs, four days after the central bank’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 bps to 5.25 per cent, the lowest in three years. One basis point equals 0.01 percentage point.

Vietnam's Vingroup plans $3 bn investment in Telangana across sectors

Vietnam's Vingroup plans $3 bn investment in Telangana across sectors

Vingroup will invest $3 billion in Telangana for developing a “multi-sector ecosystem” that will include India’s first large-scale electric taxi fleet, mobility-as-a-service platform, and real estate projects, said the Vietnamese conglomerate on Tuesday.

The two sides signed a memorandum of understanding (MoU) according to which they will collaborate to explore “strategic opportunities” in smart urban development.

CBI books Anil Ambani's son, Reliance Home Finance in ₹228 cr bank fraud

CBI books Anil Ambani's son, Reliance Home Finance in ₹228 cr bank fraud

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.

The CBI acted on a complaint from the bank (erstwhile Andhra Bank) against Reliance Home Finance Ltd., Jai Anmol Anil Ambani and Ravindra Sharad Sudhakar, both directors in RHFL, they said.

No airline will be allowed to cause hardship to passengers: Naidu

No airline will be allowed to cause hardship to passengers: Naidu

Civil Aviation Minister Ram Mohan Naidu on Tuesday said that no airline, no matter how big, will be allowed to cause hardship to passengers. Naidu's comments followed the ongoing disruptions in operations of India's largest airline IndiGo, which operates almost 60 per cent of the domestic flights.

Punjab Congress sends legal notice to Navjot Kaur for 'defamatory' remarks

Punjab Congress sends legal notice to Navjot Kaur for 'defamatory' remarks

Senior Punjab Congress leader and Gurdaspur MP Sukhjinder Singh Randhawa on Tuesday served a legal notice on suspended party leader Navjot Kaur Sidhu, asking her to apologise for making "defamatory" remarks against him or face legal action.

In the notice, Randhawa, who is also the party's in-charge for Rajasthan, took an exception to Kaur's statements in the media levelling corruption charges against him.

PM Modi extends birthday greetings to Sonia Gandhi as she turns 79

PM Modi extends birthday greetings to Sonia Gandhi as she turns 79

Birthday wishes poured in for former Congress president Sonia Gandhi as she turned 79 on Tuesday, with the Congress saying her visionary leadership did not just guide the party but transformed India through landmark rights-based laws such as MGNREGA and the National Food Security Act.

JSW Steel reports 5% growth in crude steel production in November

JSW Steel reports 5% growth in crude steel production in November

Sajjan Jindal-led JSW Steel on Tuesday said its consolidated crude steel production rose 5 per cent to 2.439 million tonnes in November.

The growth underscores the company's continued expansion and resilience in the competitive steel industry, strengthening its position as a key player in the country's infrastructure sector.

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