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Bajaj Auto set to be top stakeholder in Austria's KTM with €800 mn funding

Bajaj Auto set to be top stakeholder in Austria's KTM with €800 mn funding

Bajaj Auto, through its fully owned subsidiary Bajaj Auto International Holdings BV (BAIHBV), will become the majority owner of Austrian motorcycle brand KTM, the company said in an exchange filing on Thursday.

Bajaj is moving from being a minority stakeholder to taking control of KTM, strengthening its position in the premium and sports motorcycle segment.

Trump again claims credit for resolving India-Pakistan conflict via trade

Trump again claims credit for resolving India-Pakistan conflict via trade

US President Donald Trump reiterated on Thursday (IST) that he played a key role in settling the recent India–Pakistan conflict through trade.

Speaking at the Oval Office during a meeting with South African President Cyril Ramaphosa, Trump said, “If you take a look at what we just did with Pakistan and India... we settled that whole, and I think I settled it through trade.”

Security forces kill 27 maoists in Chhattisgarh's Abujhmad forest

Security forces kill 27 maoists in Chhattisgarh's Abujhmad forest

At least 27 Maoists were killed in a joint anti-Naxal operation on Wednesday in the Abujhmad forests of Chhattisgarh’s Narayanpur district. The encounter involved District Reserve Guard (DRG) personnel from Narayanpur, Dantewada, Bijapur, and Kondagaon.

The firefight erupted in dense forest at the tri-junction of Narayanpur, Bijapur, and Dantewada districts.

AVTL IPO to open on May 26, price band fixed at ₹223-235 per share

AVTL IPO to open on May 26, price band fixed at ₹223-235 per share

The initial public offering of Aegis Vopak Terminals (AVTL) will open on Monday, May 26, with the company aiming to raise Rs 2,800 crore.

The offer will close on Wednesday, May 28, while anchor investors can bid by May 23, the company said on Wednesday.

Tata Sons may infuse capital into Tata Tele as AGR dues cross Rs 19,000 cr

Tata Sons may infuse capital into Tata Tele as AGR dues cross Rs 19,000 cr

Tata Sons Ltd, the holding company of the $150 billion Tata Group, may be forced to inject fresh capital into its loss-making telecom arm, Tata Teleservices Ltd, as the unit stares at Rs 19,256 crore in adjusted gross revenue (AGR) and other dues owed to the Indian government.

With a negative net worth of Rs 17,876 crore and steep accumulated losses, Tata Teleservices is in no position to meet its obligations without support.

India well-positioned to deal with negative effects of US tariffs: Moody's

India well-positioned to deal with negative effects of US tariffs: Moody's

India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.

In a note on India, the agency said government initiatives to boost private consumption, expand manufacturing capacity and increase infrastructure spending will help offset the weakening outlook for global demand.

Israel preparing for possible strike on Iran nuclear sites, says US intel

Israel preparing for possible strike on Iran nuclear sites, says US intel

Israel is actively preparing for a potential military strike on Iran’s nuclear facilities, according to new US intelligence assessments cited by CNN.

The report, based on intercepted communications and surveillance of Israeli military movements, suggests that while no final decision has been made, the likelihood of a strike has 'increased substantially' in recent months.

Delhi to Meerut in just 45 minutes soon, India's first high-speed regional rail almost ready, set to open by...

Delhi to Meerut in just 45 minutes soon, India's first high-speed regional rail almost ready, set to open by...

A fast and comfortable train ride from Delhi to Meerut in just 45 minutes could soon be a reality. India’s first Regional Rapid Transit System (RRTS), known as the Namo Bharat corridor, is almost complete and expected to be fully operational by the end of June. Officials from the National Capital Region Transport Corporation (NCRTC) said on Tuesday that the final leg of the 82-kilometre route is progressing well. Trial runs have already begun, and commuters may soon get to experience the full journe

'You should be shameful': SC slams minister for Col Sofiya Qureshi remark

'You should be shameful': SC slams minister for Col Sofiya Qureshi remark

The Supreme Court on Monday came down heavily on Madhya Pradesh minister Vijay Shah for his controversial remarks targeting Colonel Sofiya Qureshi, a decorated officer of the Indian Army.

Calling the remarks “shameful", the court rejected Shah’s apology and ordered a Special Investigation Team (SIT), led by a woman officer, to probe the case registered against him.

SC rejects Vodafone, Airtel, Tata pleas for AGR dues waiver on interest

SC rejects Vodafone, Airtel, Tata pleas for AGR dues waiver on interest

The Supreme Court on Monday dismissed petitions by Bharti Airtel, Vodafone Idea, and Tata Teleservices seeking waivers on interest, penalties, and interest on penalties related to adjusted gross revenue (AGR) dues.

A Bench of Justices JB Pardiwala and R Mahadevan described the petitions as "misconceived" and criticised the companies for approaching the court.

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