Piramal Enterprises has sold its entire investment of 20 per cent in Shriram Investment Holdings Private (formerly known as Shriram Investment Holdings) to Shriram Ownership Trust (SOT) for a consideration of Rs 1,440 crore.

“This transaction is aligned with our focus on monetising non-core assets. The proceeds will further strengthen our balance sheet,” the company said in a statement.

JD(U) president Nitish Kumar, who took oath as Chief Minister of Bihar for a record ninth time on Sunday after a dramatic volte-face, asserted that there is now no question of him going anywhere else, leaving the NDA-fold.

Kumar was sworn in by Bihar Governor Rajendra Arlekar at Raj Bhavan here, hours after he resigned from the post, saying "things were not working well" for him in the Grand Alliance and the opposition bloc INDIA.

Aam Aadmi Party (AAP) chief Arvind Kejriwal on January 27 alleged that the Bhartiya Janata Party (BJP) is trying to poach AAP MLAs in Delhi by offering them ₹25 crore and a BJP ticket.

“Recently they have contacted seven of our MLAs of Delhi,” Mr. Kejriwal alleged in a post on X (formerly, Twitter) He added that those who were contacted were told that Mr. Kejriwal will be arrested after a few days and that talks have already been held with 21 MLAs.

French President Emmanuel Macron on Friday assured India that the hosts of the 2024 Olympics will back them to organize the multi-sport event in the country in the near future.

At the outset of his address during a banquet hosted by President Droupadi Murmu, Macron expressed that he is looking forward to building stronger cooperation on sports with India.

Apple and iPhone have been in the news as part of the India manufacturing story. On Friday, Foxconn, a leading contract manufacturer for Apple, got recognition in the form of a civilian award conferred on the Taiwanese company’s chief executive officer Young Liu. Among the 17 winners of Padma Bhushan, Liu was one. A total of 132 won the 2024 Padma Awards (Padma Vibushan, Padma Bhushan and Padma Shri) for excellence in diverse fields.

The price of 24-carat gold rose Rs 100 in early trade on Saturday, with ten grams of the precious metal selling at Rs 63,050, according to the GoodReturns website. The price of silver, on the other hand, jumped Rs 500, with one kilogram of the precious metal selling at Rs 76,500.

The price of 22-carat climbed Rs 100, with the yellow metal selling at Rs 57,800.

The Bihar government on Friday transferred 22 IAS, 79 IPS and 45 Bihar Administrative Service (BAS) officers.

The transferred officers included five district magistrates (DMs) and 17 SPs.

According to a notification by the general administration department, Patna DM Chandrasekhar Singh, a 2010-batch IAS officer, has been made special secretary in the chief minister's secretariat.

Krutrim, the AI startup founded by serial entrepreneur Bhavish Aggarwal, has gained unicorn status after securing $50 million in funding from investors including Matrix Partners India.

It becomes the first Indian AI startup to gain a billion-dollar valuation, a mere month after debuting a large language model, the firm said in a blog post. Krutrim, which translates to “artificial” in Sanskrit, is also developing data centers and will ultimately aim to create servers and super computers for the AI ecosystem.

The Congress 'Bharat Jodo Nyay Yatra,' led by Rahul Gandhi, is scheduled to enter West Bengal from Assam on Thursday, amid political ripples within the INDIA bloc alliance in the state.

The Bengal leg of the Yatra will begin a day after Trinamool Congress supremo Mamata Banerjee's announcement that her party will contest the upcoming Lok Sabha polls independently in West Bengal.

Maine's top court Wednesday evening declined to weigh in on whether former President Donald Trump can stay on the state's ballot, keeping intact a judge's decision that the US Supreme Court must first rule on a similar case in Colorado.

Democrat Shenna Bellows concluded that Trump didn't meet ballot qualifications under the insurrection clause in the US Constitution but a judge put that decision on hold pending the Supreme Court's decision on the similar case in Colorado.

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