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IndusInd Bank likely to get deleted from Sensex and Nifty indices

IndusInd Bank likely to get deleted from Sensex and Nifty indices

Private sector lender IndusInd Bank is likely to get deleted from the benchmark Sensex and the Nifty indices following a 30 per cent drop in its stock price so far this calendar year due to concerns around losses on account of its derivatives portfolio.

However, the increase in foreign portfolio investor (FPI) investment legroom will see IndusInd getting added to a global index over a period of time.

Putin thanks Trump, PM Modi for efforts to resolve Ukraine conflict

Putin thanks Trump, PM Modi for efforts to resolve Ukraine conflict

Russian President Vladimir Putin has made his first public remarks on Ukraine's willingness to negotiate a ceasefire, expressing gratitude to world leaders, including US President Donald Trump, Prime Minister Narendra Modi, and Brazilian President Luiz Inacio Lula da Silva, for their efforts in addressing the conflict.

Speaking at a joint press conference with Belarus President Alexander Lukashenko on Thursday.

LG Electronics India receives Sebi approval for Rs 15,000 crore IPO

LG Electronics India receives Sebi approval for Rs 15,000 crore IPO

Electronics major LG Electronics India (LGEI) has received the green light from market regulator Securities and Exchange Board of India (Sebi) to launch its maiden share sale, sources said on Thursday.

The Indian arm of the Seoul-headquartered home appliances and electronics company could roll out its Rs 15,000 crore maiden share sale once market conditions turn conducive, they added.

Second judge orders Trump admin to rehire thousands of fired workers

Second judge orders Trump admin to rehire thousands of fired workers

A judge in Maryland has blocked for now the mass firings of probationary federal workers and ordered thousands of fired probationary workers to be reinstated, marking the second decision of its kind in a day.

The order from US District Judge James Bredar came late on Thursday in a lawsuit filed by 19 states and the District of Columbia against multiple federal agencies alleging the mass firings are illegal.

Two journalists arrested in Telangana for insulting CM, Opposition slams

Two journalists arrested in Telangana for insulting CM, Opposition slams

Two journalists from Telangana, Pogadadanda Revathi, the managing director of Pulse News, and Thanvi Yadav, a journalist from the same channel, were arrested on Wednesday for allegedly sharing and promoting abusive content against Chief Minister A Revanth Reddy, police officials said.

A third person, who runs an X (formerly Twitter) account named ‘NippuKodi’, was also detained for sharing the video.

Ranya Rao gold smuggling case: ED conducts raids in Bengaluru under PMLA

Ranya Rao gold smuggling case: ED conducts raids in Bengaluru under PMLA

Enforcement Directorate (ED) on Thursday conducted raids at several locations in Bengaluru and some other places in Karnataka in connection with a gold smuggling case, which allegedly involves Kannada actor Ranya Rao.

In what marks as the latest development in the case, news agency PTI citing sources reported.

TRAI plans to limit satellite permits to 5 years, defying Musk's Starlink

TRAI plans to limit satellite permits to 5 years, defying Musk's Starlink

India's telecom regulator plans to recommend that satellite broadband spectrum be allotted for around five years to assess initial market adoption, defying Elon Musk's Starlink, which is seeking a 20-year permit, said a senior government source.

The Telecom Regulatory Authority of India (TRAI) is currently working on key recommendations to the federal government, including a time frame and pricing of satellite spectrum, which will be administratively allotted.

L&T signs pact with ACWA Power to build desalination plant in Saudi Arabia

L&T signs pact with ACWA Power to build desalination plant in Saudi Arabia

Larsen & Toubro (L&T) on Thursday said it has entered into a pact with ACWA Power, a developer in the Middle East, to build a desalination plant in Saudi Arabia.

The water and effluent treatment business of L&T won the order in a joint venture with Lantania of Spain.

Tamil Nadu drops official rupee symbol from state Budget amid language row

Tamil Nadu drops official rupee symbol from state Budget amid language row

The DMK-led Tamil Nadu government has decided to remove the official rupee symbol (₹) from the state’s Budget 2025, replacing it with the Tamil script. This marks the first time a state has rejected the national currency symbol, taking its resistance to the National Education Policy (NEP) to a new level.

The decision to remove ₹ symbol from the state Budget comes amid the ongoing tussle between Tamil Nadu with the Centre over alleged Hindi imposition.

Congress questions Starlink agreement, says PM Modi orchestrated deal

Congress questions Starlink agreement, says PM Modi orchestrated deal

Jairam Ramesh, general secretary in-charge communications of the Congress party has targeted Prime Minister Narendra Modi again, this time in connection with the partnerships between the telecom and satellite players.

US billionaire Elon Musk’s SpaceX has entered into an agreement with telecom provider Airtel to introduce Starlink services in India.

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