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Oldest Sensex stock Tata Motors faces risk of exit after demerger

Oldest Sensex stock Tata Motors faces risk of exit after demerger

Tata Motors, one of the Sensex’s original constituents, faces the risk of being dropped from the 30-share benchmark next month, following a sharp decline in its market capitalisation after the demerger of its commercial vehicles business in October.

The stock is likely to be replaced by InterGlobe Aviation (IndiGo), the country’s largest airline, which is currently the highest-ranked non-constituent by market value.

Nomura probing possible profit inflation at its India bond trading desk

Nomura probing possible profit inflation at its India bond trading desk

Nomura Holdings Inc. is investigating its India fixed-income business, asking senior officials in its rates division to determine whether profits were inflated in recent years, according to people familiar with the matter.

The probe, launched by the bank’s compliance department, centres on how the firm valued trades in Strips.

Reliance Industries' HR chief Ira Bindra named among world's top CHROs

Reliance Industries' HR chief Ira Bindra named among world's top CHROs

Reliance Industries Ltd's Human Resources chief Ira Bindra has been named among the world's top CHROs, making Reliance the only Indian company represented on the list.

N2Growth, a global leader in executive search and leadership advisory, announced the 2025 Leaders40 Top Chief Human Resources Officers (CHRO) Award late on Friday.

IndiGo, Akasa Air to begin flights from Navi Mumbai airport on Dec 25

IndiGo, Akasa Air to begin flights from Navi Mumbai airport on Dec 25

IndiGo on Saturday announced that it will start flight operations from the newly-constructed Navi Mumbai International Airport from December 25 with domestic air services to 10 cities.

IndiGo also said it plans to expand its operations, progressively from the Mumbai Metropolitan Region's second airport by adding direct routes to more destinations in due course.

Andhra seals $12 bn Brookfield investment deal for green energy projects

Andhra seals $12 bn Brookfield investment deal for green energy projects

Leading global investment firm Brookfield on Friday evening signed a memorandum of understanding with the government of Andhra Pradesh, lining up investments to the tune of around $12 billion in multiple green energy projects across the state.

“This includes a clean energy-powered 3 GW data centre and additional clean energy projects across the state. Brookfield will also explore opportunities in module manufacturing and its supply chain, green molecules, hospitality, global capability centres, commercial real estate, infrastructure, ports, mobility, logistics hubs and industrial townships”.

9 killed in blast at J&K police station while handling seized explosives

9 killed in blast at J&K police station while handling seized explosives

An accidental explosion ripped through the Nowgam police station here, killing nine people and injuring 32, Director General of Jammu and Kashmir Police Nalin Prabhat said on Saturday, and ruled out any terror attack.

He said the blast occurred on Friday night when a specialised team was extracting samples from a large and "unstable" cache of explosives confiscated from Faridabad, Haryana in connection with the ongoing investigation into a 'white-collar' terror module.

Nitish Kumar to continue as Bihar CM? JD(U)'s deleted X post sparks buzz

Nitish Kumar to continue as Bihar CM? JD(U)'s deleted X post sparks buzz

Buoyed by their alliance's electoral imminent victory in the Bihar Assembly elections, the Janata Dal (United) on Friday posted on social media that Nitish Kumar would continue as chief minister. However, the post on X was soon deleted.

With counting still underway, trends as of 4 pm indicate a comfortable majority for the ruling National Democratic Alliance (NDA), with Nitish Kumar-led JD(U) emerging as the biggest gainer, leading on 84 seats, up from 43 seats in 2020.

Bihar elections: NDA scores a double century in blow to Mahagathbandhan

Bihar elections: NDA scores a double century in blow to Mahagathbandhan

The Bharatiya Janata Party (BJP) became the single largest party in a Bihar Assembly election for the first time, as it led the National Democratic Alliance (NDA) to a landslide win in results declared on Friday. The performance follows the party’s setback in the 2024 Lok Sabha polls, when it fell short of a simple majority.

Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn

Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn

Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, extended its rally, by soaring 17 per cent to ₹153.50 on the BSE in Thursday’s intra-day deal amid heavy volumes. Currently, Groww trades at a premium of 53 per cent when compared with issue price of ₹100 per share.

M&M, Manulife to set up life insurance JV with ₹3,600 cr investment

M&M, Manulife to set up life insurance JV with ₹3,600 cr investment

Mahindra & Mahindra (M&M) and Canada-based Manulife have signed an agreement to set up a 50:50 life insurance joint venture (JV) in India with a total capital commitment of up to ₹3,600 crore ($400 million). Each partner will invest ₹1,250 crore ($140 million) in the first five years.

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