State Bank of India, the country’s largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter.

Rajay Sinha, chief general manager in charge of global markets, will become managing director and chief executive at the brokerage arm SBI Capital Markets Ltd., the people said, asking not to be identified as the details aren’t public.

Reliance Industries Ltd on Thursday said the National Company Law Tribunal has given its nod to the demerger of the company's financial services undertaking and its listing.

Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).

The Securities and Exchange Board of India (Sebi) has sought an explanation from the National Stock Exchange (NSE) over allegations of some traders misusing its trading access point (TAP) software, The Economic Times (ET) reported on Thursday.

Allegedly, some high-frequency traders manipulated the platform in 2013 to execute "thousands of orders" without being detected and crowding out other users.

On Wednesday, with at least 32 of the Nationalist Congress Party (NCP) legislators turning up to support him, Maharashtra Deputy Chief Minister (CM) Ajit Pawar said he aspired to be the state’s CM someday. Of the NCP's 53 Members of Legislative Assembly (MLAs), 18 were paraded at the meeting that party chief Sharad Pawar called.

Ajit sought his 83-year-old uncle Sharad Pawar’s blessings and urged him to retire from active politics. The 63-year-old asserted that he, not his uncle, was the national party chief of the NCP.

Maharashtra BJP president Chandrashekhar Bawankule on Wednesday said that opposition parties are creating confusion regarding the Chief Ministership of Eknath Shinde but he will continue as the CM of the state.

Addressing the media, Chandrashekhar Bawankule said," All our senior leaders including Devendra Fadnavis have already told that Eknath Shinde will remain as CM. He is doing a good job for the state. Opposition parties are creating confusion."

Tata Power on Wednesday announced bagging a smart metering project worth Rs 1,744 crore in Chhattisgarh.

The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL), Tata Power said in a statement.

Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on the day the Meta Platforms Inc. founder rolled out a much-anticipated Twitter substitute.

Meta’s Instagram officially unveiled Threads Wednesday, considered the most potent threat yet to the struggling social media service Musk owns. Hours later, Zuckerberg tweeted a photo of identical Spider-Men facing off.

The promoters of the Adani group are looking to cut more of their stake in the group's companies to create a liquidity buffer for new opportunities, The Economic Times (ET) reported on Thursday. So far, the promoters have sold stakes to GQG partners and are now having discussions with global investors to divest more.

"They (promoters) are of the view that building cash reserves is the best way forward given the uncertain global investment environment," a person aware of the matter was quoted as saying in the report.

The Sharad Pawar-led NCP has issued a whip to all MLAs asking them to remain present for a key meeting in Mumbai on Wednesday, while the rival group headed by Maharashtra Deputy Chief Minister Ajit Pawar has also called a separate meeting of party legislators here.

The one-line whip issued on Tuesday by Jitendra Awhad, chief whip of the Sharad Pawar-led NCP, said the meeting has been called by Sharad Pawar at 1 pm at Y B Chavan Centre on July 5, and the presence of all MLAs is mandatory.

The white-collar jobs market showed signs of revival in June as the demand for talent rose by 5 per cent (compared to the last month) for the first time in the current fiscal, The Economic Times (ET) has reported. The uptick was led by a rise in hiring activity in non-tech sectors as economic indicators showed positive signs.

While the core sector showed positive sentiment, hiring in the country's IT services sector continued to be abysmal and fell to its lowest level since December 2020, the report said.

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